Business Studies, asked by poonamc2797, 8 months ago

2. Discuss the role and responsibilities of an Assets Management Company (AMC) appointed to manage the affairs of the mutual funds. Describe the working mechanism of an AMC and the functions perfomed by it.​

Answers

Answered by jjaajjajaja36
0

Answer:

An asset management company (AMC) invests pooled funds from clients into a variety of securities and assets. AMCs range from personal money managers, handling high-net-worth individual accounts, to large investment companies sponsoring mutual funds.

Sorry if wrong

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