Current Affairs · MoUs and Agreements
In July 2025, a significant Memorandum of Understanding (MoU) was signed between the Department of Posts (DoP) and the Association of Mutual Funds in India (AMFI) to streamline KYC verification for approximately 24.13 crore mutual fund folios. Out of these, how many mutual fund folios, primarily in Equity, Hybrid, and Solution-Oriented Schemes, are estimated to directly benefit from this initiative?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 121.50 crore
- 217.50 crore
- 314.04 crore✓
- 411.00 crore
Correct answer
14.04 crore
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