Question

Who decides the proportion of allocations of funds in various assets in mutual fund schemes?

a.

Individual investors

b.

Financial planners

c.

Fund managers

d.

Government authorities

Posted under IC 89 Management Accounting

Answer: (c).Fund managers Explanation:The fund manager decides in what proportion the allocations of funds will be made in various assets.

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Q. Who decides the proportion of allocations of funds in various assets in mutual fund schemes?
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