A Mutual fund invests in another fund. The fund will be considered as an equity oriented Mutual fund if the investment in the units of other fund is………… % and other funds invests a minimum of ………… % of its total proceeds in the equity shares of domestic companies listed on recognized stock exchange.
A. 65%, 90%
B. 65%, 65%
C. 90%, 90%
D. 90%, 65%
Answer:C
A Mutual fund invests in another fund. The fund will be considered as an equity oriented Mutual fund if the investment in the units of other fund is………… % and other funds invests a minimum of ………… % of its total proceeds in the equity shares of domestic companies listed on recognized stock exchange.
A. 65%, 90% B. 65%, 65% C. 90%, 90% D. 90%, 65%