AMFI Mutual Fund Concept and Role of a Mutual Fund — practice questions
22 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice AMFI Mutual Fund Concept and Role of a Mutual Fund in the app →The legal form under which a mutual fund is set up in India is aThe face value of a single unit of a mutual fund scheme in India is typicallyWhich of the following best describes the Net Asset Value of a scheme?Assets Under Management of a scheme can be calculated asThe daily process of valuing every security in a scheme portfolio at its current market price is calledAn open-ended mutual fund scheme is one in whichA close-ended scheme provides post-NFO liquidity to investors mainly throughInterval funds are best described as schemes thatA passive equity fund tracking the S&P BSE Sensex will typicallyAn investor most values portfolio diversification in a mutual fund because it helpsWhich of the following is a limitation of investing through mutual funds?Which of these is a Systematic Investment Plan primarily designed to promote?An Equity Linked Savings Scheme (ELSS) carries a mandatory lock-in period ofUnder SEBI categorisation, a Large Cap fund invests predominantly in stocks rankedAn Aggressive Hybrid Fund is required to invest in equity and equity related instruments in the range ofA Liquid Fund invests only in debt and money market securities with a maximum residual maturity ofAn Ultra-Short Duration Fund holds a portfolio with Macaulay duration betweenWhich SEBI scheme category has a lock-in of 5 years or till retirement, whichever is earlier?An Index Fund or Exchange Traded Fund tracking a specified index must invest at leastThe primary reason a close-ended scheme often trades below its NAV on the exchange isA key advantage of a mutual fund over a Portfolio Management Service isCapital Protection Oriented Funds are typically structured by investing