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Options
- A
To issue account statements to the MF unit holders
-
To keep the safe custody of the securities of the mutual fund scheme
Correct answer
- C
To issue statement of funds holding to investors
- D
To execute the buy and sell orders in the stock market
Why this is the answer
The custodian safeguards the assets of the fund, including accepting and delivering securities during transactions. It is responsible for settling all transactions on behalf of the mutual fund.
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