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Options
- A
80% of the total assets
-
85% of the total assets
Correct answer
- C
90% of the total assets
- D
95% of the total assets
Why this is the answer
As per SEBI, Index Mutual Funds must invest at least 85% of assets in securities of the index. ETFs (Exchange Traded Funds) must invest at least 95%. Since the question mentions “Index Fund” (not ETF), correct answer is 85%.
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