Economics · Economy
Consider the following statements regarding SEBI regulations on mutual fund portfolios: Statement I: Gold and silver assets are legally mandated as mandatory core holdings across all existing mutual fund categories, including pure equity funds. Statement II: Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) are completely prohibited by SEBI as permissible asset instruments in all mutual fund portfolios. Statement III: SEBI rules mandate that all remaining residual assets in any debt mutual fund scheme must only be invested in high-risk equity instruments to ensure structural uniformity. Which one of the following is correct in respect of the above statements?
- 1None of the above statements is correct✓
- 2Only Statement III is correct
- 3Only Statement II is correct
- 4Only Statement I is correct
Correct answer
None of the above statements is correct
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy