Ii am 46 years old , suffering from low back pain for the last 6 months, got an MRI done, the results are normal according to the spine specalist and neuro surgeon, the neuro surgeon had prescribed Gabwin 75 mg for 30days, but even after taking this medicine there was no improvement and after consulation he has changed the medicine Maxdulin 75/20 mg for 60 days, there is little improvement, I have been going for Yoga for last 3 months, but it is not helping, it is disturbing my quality of life, pls let me know any solution for this The MRI results are L4/5 DISC- POSTERIOR BULGE INDENTING THE THECAL SAC AND TOUCHING THE TRAVERSING ROOTS AT THE LATERAL RECESS L5/S1 DISC- POSTERIOR BULGE INDENTING THE THECAL SAC NO MAGOR CAUDA EQUINA COMPRESSION SEEN KINDY GIVE ME THE SOLUTION FOR MY BACK PAIN

Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest