Which of the following points is/are "correct" with respect to the approval/circular issued by the Securities and Exchange Board of India (SEBI) in September 2023?
A) SEBI gave approval to Online stock broking firm, Groww Mutual Fund to launch its first index fund 'Groww Nifty Total Markets Index Fund'. The fund will be raised through a New Fund Offering (NFO).
B) The Securities and Exchange Board of India (SEBI) issued a circular stating that crediting funds to the SEBI Investor Protection and Education Fund (IPEF) should be made only through online mode.
C) This circular is issued in exercise of the powers conferred under section 11(1) of the Securities and Exchange Board of India Act, 1992.
1
Only A
2
Only A & B
3
Only B & C
4
Only A & C
5
All A, B & C