Question * Option 1 Option 2 Option 3 Option 4 Correct

option
*
Profit or losses from Mutual Funds, belong to Sponsor/Promoter AMC Investors Fund Manager 3
Unit Capital can be calculated by: Number of Units issued x Asset Under Asset Under Number of Units 1
Face value of units Management divided by Management divided issued Divided by
Number of Units by Face Value of units Face value of units
Normally, size of a MF is measured in terms of its: Number of investors Unit Capital AUM Share capital of AMC 3
What remains constant in a close-ended scheme? Unit Capital AUM (Asset Under Number of investors NAV 1
Management)
The process of valuing each security in the investment Assets Under Net Asset Value Mark to Market Marked to 3
portfolio of the scheme at its current market value is called Management Diversification
Which of these is an advantage of investing through mutual No Control Over Costs Choice Over load No Guaranteed returns Affordable portfolio 4
funds? Diversification
Which one is NOT an advantage of Mutual Funds in India? Dealing are transparent Portfolio is customized Helps in tax deferrals Provides affordable 2
as per requirement of portfolio
investors diversification to an
investor
Gold ETFs comes under Actively Managed funds. Mention FALSE TRUE I do not want to I will answer later 1
True or False answer
The minimum investment in equity and equity related 60,40 35, 45 40, 60 35,35 4
instruments in large cap and mid cap stocks shall be
SEBI Regulations permit one scheme per category for an Debt Funds Index Funds ELSS Large Cap Equity 2
AMC. To which of the following scheme/s is the rule not Fund
applicable?
When compared to ETFs, generally, Actively managed funds Running Expenses Lower running No difference in More running 4
will have: depends upon the Fund expenses running expenses expenses
Manager between two
Thematic Funds provide more options to the fund manager TRUE FALSE 1
in stock selection as compared to sector funds. Mention True
or False
Value Funds invests in those shares whose earnings are FALSE TRUE 1
expected to grow faster than average rate. Mention true or
false.
Focus Funds are those whose portfolio is concentrated in a TRUE FALSE 2
limited number of stocks in a specific sector.
Dividend Yield Funds are expected to invest predominantly 50 per cent 75 per cent 65 per cent 90 per cent 3
in dividend yielding stocks and minimum investment in equity
shall be:
Gilt Funds are not price sensitive to interest rate movement FALSE TRUE 1
in the market. Mention True or False
In close ended schemes, the investors are provided liquidity Listing the units in Stock Encouraging off market Reducing the period of No liquidity is 1
by: Exchange/s transactions the close ended provided
schemes
In Dynamic Debt Fund, the portfolio duration is fixed and FALSE TRUE 1
Fund Manager is expected to adhere to the duration
specified. Mention True or False
Identify the statement which is true in respect of FMP(Fixed FMP is a close ended FMP is a close ended FMP is a close ended FMP is an 2
Maturity Plan) hybrid scheme debt scheme equity scheme open-ended debt
scheme
Monthly Income Plan (MIP) is a debt oriented hybrid fund FALSE TRUE 1
having an obligation to declare dividends every month.
Mention True/False
Investors in arbitrage funds can generally expect returns in MIP FMP Bank FDs Liquid Funds 4
line with:
Retirement Funds have : Lock in period of 5 years Lock in period of 5 Lock in period of 3 Lock in period of 3 1
or till retirement years or till retirement years or till retirement years or till retirement
(whichever is earlier) (whichever is later) (whichever is later) (whichever is earlier)
In Capital Protection Funds, the exposure to equities is Derivatives market Large Caps shares Index shares Mid cap shares 1
typically taken in the form of:
Infrastructure Debt Funds (IDF) is an invest vehicle Leading AMCs Commercial Banks and Life Insurance Infrastructure 2
sponsored by : NBFCs companies Companies
In Fixed Maturity Plans (FMP), the Fund Manager has more FALSE TRUE 1
role on ongoing basis.
A fund has 20 crores outstanding units with face value of Rs 120 crores 200 crores 240 crores 100 crores 3
10 and NAV of Rs 12. Calculate the AUM.
ELSS schemes must invest a minimum of _______ in equity 65 percent 80 percent 70 percent 90 percent 2
and equity related instruments.
What is the minimum investment in government securities in 70 percent 65 percent 95 percent 80 percent 4
a Gilt fund?
For ETFs/Index funds, the minimum investment in securities 95 percent 80 percent 60 percent 65 percent 1
of a particular index shall be ________.
The minimum investment in equity in a conservative hybrid 40 to 60 percent 10 to 25 percent 20 to 30 percent 5 to 15 percent 2
fund is _______.