Mutual Funds Basics

This short, 10-question mutual fund trivia quiz tests your knowledge of mutual funds in India, its categories, common pitfalls and the like.
Try to save something while your salary is small; it’s impossible to save after you begin to earn more.
Jack Benny, US Comedian

Before you take the Mutual Fund Trivia Quiz

  • All questions in the quiz are extracted from the contents of the book Smart Money Moves, and the corporate training workshop, The Moneyplanting Program.
  • No question here has an ambiguous answer. The right answer, is right by miles.
  • Correct answers and explanations are available in the subscription email. If you just want to see the score, leave the email field blank.
  • If you don’t see the mail once you’ve subscribed, check your SPAM folder.
  • Good luck.
1. Which asset classes can you invest in, using a Mutual Fund?
2. If you decide to use the services of a financial advisor/planner to invest in mutual funds, which type of advisor should you look for?
3. Mutual funds which help you save taxes are also referred to with this name. Which one?
4. Which type of mutual fund can one blindly invest in?
5. If you wanted to keep most of your money safe, and expose a small portion of it to some risk (so it can earn a higher return), which category of mutual fund would you pick?
6. Which category of mutual funds should investors strictly avoid?
7. Which product from below is most similar to a Mutual Fund?
8. Which type of mutual fund from below is most likely to charge the least for fund management?
9. Which channel from these below will allow you to get higher returns from the same mutual fund?
10. How often should you check-up on how well your equity mutual fund investments are doing?

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Answers, and their explanations are part of the welcome mail. Along with the answers, you’ll also receive updates on new quizzes, posts and book giveaways.
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