Trustee Company — Mutual Fund Term Explained

The legal guardian of mutual fund investors' assets. Oversees the AMC and ensures it operates in investors' best interests.

Mutual funds in India operate under a trust structure mandated by SEBI. The Trustee company oversees the AMC's operations to ensure compliance and that it acts in investors' best interests.

Related terms

• AMC (Asset Management Company) — The company that manages mutual fund schemes — like HDFC AMC, SBI Funds, Nippon India MF. SEBI-regulated.
• SEBI (Securities and Exchange Board of India) — The regulatory authority that governs all mutual funds and securities markets in India. Sets rules for AMC operations and investor protection.

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