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    Multiple Choice Questions

    Uploaded by

    Tshering Wangdi
    The document contains multiple choice questions about mutual funds in India. Key points covered include: NAV of mutual fund schemes should be updated on AMFI's website every day; mutual funds can invest in securities, gold and real estate; net assets of a scheme equals its investment portfolio; short term capital gains tax for equity funds is 15%; SIP is an example of rupee cost averaging; assured return plans are essentially debt/income funds; a high turnover rate indicates high transaction costs; mutual funds pay long term and short term capital gains tax at 10% and 15% respectively; investments in mutual funds can be made via cheque, DD, remittance or ASBA; to satisfy a young investor's need for growth, a

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    Multiple Choice Questions

    Uploaded by

    Tshering Wangdi
    3K views32 pages
    The document contains multiple choice questions about mutual funds in India. Key points covered include: NAV of mutual fund schemes should be updated on AMFI's website every day; mutual funds can invest in securities, gold and real estate; net assets of a scheme equals its investment portfolio; short term capital gains tax for equity funds is 15%; SIP is an example of rupee cost averaging; assured return plans are essentially debt/income funds; a high turnover rate indicates high transaction costs; mutual funds pay long term and short term capital gains tax at 10% and 15% respectively; investments in mutual funds can be made via cheque, DD, remittance or ASBA; to satisfy a young investor's need for growth, a

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    MCQ

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    The document contains multiple choice questions about mutual funds in India. Key points covered include: NAV of mutual fund schemes should be updated on AMFI's website every day; mutual funds can invest in securities, gold and real estate; net assets of a scheme equals its investment portfolio; short term capital gains tax for equity funds is 15%; SIP is an example of rupee cost averaging; assured return plans are essentially debt/income funds; a high turnover rate indicates high transaction costs; mutual funds pay long term and short term capital gains tax at 10% and 15% respectively; investments in mutual funds can be made via cheque, DD, remittance or ASBA; to satisfy a young investor's need for growth, a

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    3K views32 pages

    Multiple Choice Questions

    Uploaded by

    Tshering Wangdi
    The document contains multiple choice questions about mutual funds in India. Key points covered include: NAV of mutual fund schemes should be updated on AMFI's website every day; mutual funds can invest in securities, gold and real estate; net assets of a scheme equals its investment portfolio; short term capital gains tax for equity funds is 15%; SIP is an example of rupee cost averaging; assured return plans are essentially debt/income funds; a high turnover rate indicates high transaction costs; mutual funds pay long term and short term capital gains tax at 10% and 15% respectively; investments in mutual funds can be made via cheque, DD, remittance or ASBA; to satisfy a young investor's need for growth, a

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 32

    Multiple Choice

    Questions
    MCQs

    The NAV of each scheme should be updated on


    AMFI's website
    A. every quarter

    B. every month

    C. every hour

    D. every day
    Mutual funds in India are permitted to invest in
    A. Securities

    B. Securities and Gold

    C. Securities other than real estate

    D. Securities, gold and real estate


    Net assets of a scheme is nothing but its
    investment portfolio
    A. True

    B. False
    What percentage tax does an investor of an equity
    oriented mutual fund have pay if the units are held
    for one year or less?
    A. 10%

    B. 8%

    C. 15%

    D. 0.5%
    SIP is best example of
    A. Rupee Cost Averaging

    B. Value Averaging

    C. Buy and Hold


    Assured return or guaranteed monthly income plans
    are essentially
    A. Hybrid funds

    B. Growth Funds

    C. Debt/Income funds

    D. Sector funds
    A high turnover rate for a fund indicates
    A. high transaction costs

    B. greater efficiency

    C. high returns to the investor

    D. a rising market
    Mutual fund schemes pay tax on capital gains at
    A. 10%

    B. 15%

    C. 30%

    D. 10% LTCG & 15% STCG


    Short term capital gains in case of Equity funds
    is @_____
    A. 20%

    B. 15%

    C. 10%

    D. None of the above


    The systematic approaches offered by mutual funds
    to promote an investment discipline for long term
    wealth creation are
    A. SIP, STP

    B. SIP, STP, SWP

    C. SIP, SWP

    D. None of the above


    Investments in mutual fund can be made
    using
    A. Cheque / DD

    B. Remittance

    C. ASBA

    D. Any of the above


    A greater portion of returns from conventional debt
    investments is generally through
    A. Capital gain

    B. Interest income

    C. Dividend income

    D. Inflation
    Which one of the following portfolios is most
    risky
    A. 75% Equity 25% Debt

    B. 40% Equity 60% Deb

    C. 80% Equity 20% Debt


    A retired person generally needs a greater
    proportion of
    A. Equity funds

    B. Money Market funds

    C. All of the above

    D. Debt funds
    The liquidity needs of an investor are met through
    A. Equity Funds

    B. Index Funds

    C. Money Market Funds

    D. Sector Funds
    To satisfy a young investor's need for growth, a
    greater proportion of investment should be advised
    in
    A. Gilt funds

    B. Income Funds

    C. Equity Growth funds

    D. Liquid funds
    Mutual Fund schemes are first offered to investors
    through:
    A. IPO

    B. NFO

    C. Stock Exchange

    D. AMFI
    A close-ended mutual fund has a fixed
    A. NAV

    B. Unit Capital

    C. Rate of Return
    Which of the following is not a benefit from a Mutual
    Fund?
    A. Investor is able to diversify risk

    B. Investor has custody of securities where fund


    invests
    C. Investor can save costs

    D. Professional Management of money


    To satisfy a young investor's need for growth, a
    greater proportion of investment should be advised
    in
    A. Gilt funds

    B. Income Funds

    C. Equity Growth funds

    D. Liquid funds
    The Expense Ratio as a measure of a fund's
    performance is defined by a fund's
    A. total expenses and average net assets

    B. total expenses and total assets

    C. average expenses and average net assets

    D. none of the above


    Which of the following risks do not affect a debt fund
    A. default by issuer on payment of interest or
    principal
    B. price fluctuations of the debt securities

    C. share price movements

    D. interest volatility
    Excess distribution expenses are to be borne by the
    A. AMC

    B. Unit holders

    C. SEBI
    Which of the following has highest level of liquidity
    A. MF

    B. Gold

    C. Real Estate
    Application form is attached to ______.
    A. SID

    B. SAI

    C. KIM

    D. None of the above


    Offer document of mutual fund scheme is prepared
    by
    A. AMC

    B. Trustees

    C. RTA

    D. SEBI
    The custodian has the custody of the investments in a
    scheme and a custodian is largely independent of

    A.  Sponsors
    B.  AMCs
    C. Trustees
    D. Both (i) and (ii)
    Which of the following document must be read
    carefully in order to get details on risk factors
    before investing in Mutual Fund Units?
    A.  KIM
    B.  SAI
    C. SID
    D. None of the above
    The funds that combine features of both open-
    ended and close-ended schemes are called
    (i) Interval Funds
    (ii) Dual Funds
    (iii)Middle Funds
    (iv)Intermediary Funds
    Day to day operations of a mutual fund is handled by

    (i)  Asset Management Company


    (ii)  Sponsor
    (iii) Trustee
    (iv) None of the above
    The asset allocation that is worked out for an investor
    based on risk profiling is called _______.

    (i)  Tactical Asset Allocation


    (ii)  Fixed Asset Allocation
    (iii) Flexible Asset Allocation
    (iv) Strategic Asset Allocation

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