Namaste My husband is 75 suffers from hypothyroidism diabetes hypertension and prostrate enlargement Being treated Last October he underwent a kidney surgery for removal of kidney stones. Now he is being advised to undergo surgery called TURP for prostrate enlargement problems Is there conservative treatment for lack of emptying of bladder ? Is the surgery necessary ? How successful is the surgery ? Is there possibility of the surgery necessitating more surgeries ? What can happen if he doesn't have the surgery ? Will his kidneys be affected? How to prevent kidneys being affected?.He underwent surgery called total hip replacement as he fell and broke his right hip Could the right hip replacement contribute to his kidney stones and prostrate problems? Looking forward to your reply Thank you for your time Warm regards

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