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