Mutual Fund Quiz Welcome to your Moneyplanting Mutual Fund Quiz 1. Which type of mutual fund can one blindly invest in? Any mutual fund which provides highest returns None A mutual fund which provides consistent returns Any mutual fund which provides complete protection None 2. How often should you check-up on how well your equity mutual fund investments are doing? First working day of every month Every monday at market open At the beginning of every day, at market close Once every couple of years Once every ten years None 3. Which product from below is most similar to a Mutual Fund? An Equity-agressive LIC A Portfolio Management Service A ULIP (Unit Linked Insurance Plan) A Stock Recommendation Service None 4. Which type of mutual fund from below is most likely to charge the least for fund management? An Equity-only mutual fund Direct plan of an equity mutual fund Index mutual fund Direct plan of an Index mutual fund None 5. Mutual funds which help you save taxes are also referred to with this name. Which one? TSMF ELSMF ELMF ELSS None 6. Which channel from these below will allow you to get higher returns from the same mutual fund? Sites like Scripbox, Upwardly, FundsIndia An AMC website Any Financial advisor who doesn't charge upfront fees Your bank's relationship manager None 7. Which asset classes can you invest in, using a Mutual Fund? Equities, Debt, Gold, International Equity Equities, Insurance, Gold, Debt Only Equity Only Equities And Debt None 8. 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? A fee-based financial advisor A fee-only financial advisor A financial advisor who doesn't charge any upfront fees A Commission-based financial advisor None 9. Which category of mutual funds should investors strictly avoid? Closed-ended Funds And Equity-Only Funds Open-ended Funds New Fund Offerings And New-Agressive Funds Closed-ended Funds And New Fund Offerings None 10. 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? A debt-agressive mutual fund A capital-guarantee mutual fund An equity-only mutual fund An equity-aggressive mutual fund None Time's upRelated