Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can a Mutual Fund assure fixed returns?

April 26, 2017fixed mutual fund returns

0

Posted

Can a Mutual Fund assure fixed returns?

1 Answer

0

Posted

Mutual funds cannot assure fixed returns to their investors. However, funds floated by AMCs of public sector banks and financial institutions are permitted to assure returns to the investors provided the parent sponsor is willing to give an explicit guarantee to honour such a commitment.