%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(20).png "Choice AMC Receives SEBI Approval to Start MF Business")
Key Highlights
a) HDFC Group
b) ICICI Bank
c) Choice International Limited
d) Reliance Capital
Answer: c) On August 1, 2025, Choice AMC Private, a subsidiary of Choice International, received final approval from SEBI to commence operations as an Asset Management Company (AMC) for Choice Mutual Fund.
- Focus: Launching with passive investment products like Index Funds and Exchange Traded Funds (ETFs).
- Objective: Build a stable, scalable, and professionally managed AMC under strong regulatory governance.
- Target Segments: Retail, emerging affluent, and institutional investors across India.
- Vision: Democratize access to modern financial tools like SIPs and goal-based investing.
Question:
Q.1 Choice AMC Private is a subsidiary of which company?a) HDFC Group
b) ICICI Bank
c) Choice International Limited
d) Reliance Capital
Answer: c) On August 1, 2025, Choice AMC Private, a subsidiary of Choice International, received final approval from SEBI to commence operations as an Asset Management Company (AMC) for Choice Mutual Fund.
