Question

Document that contains statutory information about mutual fund house offering the scheme is known as

Answer 1

Explanation:

Meaning: Offer document or a prospectus from a mutual fund house is a document offering its scheme(s)to the public for investing.

Answer 2

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There are 3 important documents: Key Information Memorandum (KIM), Scheme Information Document (SID) and Statement of Additional Information (SAI). These are prepared by the Asset Management Company (AMC) about a particular scheme, and submitted to the Securities and Exchange Board of India (SEBI) for approval.

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