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How much do you know about the basics of mutual funds? Find out if you are as smart as you think you are



Q1. Mutual funds guarantee returns

a) Yes

b) No

Q2. NAV in mutual funds is

a) New Asset Value

b) Net Average Value

c) Net Asset Value

Q3. An SIP is a mutual fund

a) No

b) Yes

Q4. Which of these mutual funds are also tax savers?

a) Debt fund

b) ETF


d) Balanced Fund

Q5. Mutual fund investment­s are subject to market risks

a) No

b) Yes

Q6. What is AMC in mutual funds?

a) Annual Maintenanc­e Charge

b) Asset Management Company

c) Additional Money Charges


Q1. Mutual fund investment can only be through SIPs

a) Yes

b) No

Q2. Mutual funds are regulated by?



c) Ministry of Finance

Q3. You can diversify with mutual funds

a) Yes

b) No

Q4. Mutual funds offer...

a) Diversific­ation

b) Profession­al management c) Ease of investment d) All the above

Q5. ETFs are

a) Exchange Traded Funds

b) Easily Traded Funds

c) Exchange Transferre­d Funds

Q6. Investing in a MF scheme results in

a) Purchase of units

b) Sale of units

c) Deposit of cash


Q1. You can invest abroad through mutual funds

a) Yes

b) No

Q2. Only ETFs are listed on the stock exchanges

a) Yes

b) No

Q3. You can consolidat­e mutual fund folios?

a) Yes;

b) No

Q4. Mutual funds are suitable for

a) Young investors

b) Expert investors

c) Retired investors

d) All the above

Q5. Each mutual fund scheme has a specific risk grade

a) Yes

b) No

Q6. ___ handles the day-to-day operations of the mutual fund

a) RTA

b) Board of Trustees

c) AMC

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