Question

Day to day operations of the mutual fund are handled by RTA ISCS Board of Trustees AMC (Asset management company). over​

Answer 1

Answer:

Day to day operations of the mutual fund are handled by RTA ISCS Board of Trustees AMC (Asset management company). over

Answer 2

Answer:

RTA ISCS Board of Trustees AMC manages the mutual fund's day-to-day operations (Asset management company)

Explanation:

• The AMC is in charge of asset management's day-to-day activities.
• As a result, it sets up the necessary offices and infrastructure, hires staff, installs software, manages advertising and sales promotion, and communicates with regulators and other service providers.
• The AMC must take all reasonable means and apply due diligence to ensure that any scheme's funds are invested in accordance with the provisions of the SEBI regulations and the trust deed.
• Furthermore, it must use caution and due scrutiny in all of its investing selections.

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