Current Affairs · Mutual Fund Industry
The Indian mutual fund industry observes structural growth in assets under management (AUM) led by retail financialization. Which of the following statements is/are correct? 1. Equity mutual fund schemes are prohibited by law from receiving net inflows exceeding ₹5,000 crore in a calendar month. 2. Systematic Investment Plans (SIPs) serve as a primary vehicle for retail investor participation, with monthly aggregate inflows scaling new peaks. 3. The Association of Mutual Funds in India (AMFI) compiles and releases monthly industry performance data covering inflows and folios.
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