Current Affairs · Financial Market Regulations
Regarding compliance challenges and regulatory norms for portfolio overlap in mutual funds under SEBI guidelines, which of the following statements is/are correct? 1. Analysis indicates that more than 10% of all sectoral and thematic scheme combinations among top fund houses breach the 50% overlap ceiling. 2. Business cycle and ESG-themed funds account for over 60% of the total instances where portfolio duplication exceeds the regulatory cap. 3. ICICI Prudential Mutual Fund faces a significant restructuring task, as it accounts for 16 of the 34 total identified overlap instances. 4. SEBI has mandated the immediate closure of all thematic schemes that share a portfolio overlap of 50% or more with an existing sectoral fund. Select the correct option:
- 11 and 4 only
- 22 and 3 only✓
- 32 only
- 43 only
Correct answer
2 and 3 only
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 Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Financial Market Regulations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Financial Market Regulations