Mutual Fund Quiz Vinod Desai 5 years ago 1. How often should you check-up on how well your equity mutual fund investments are doing? Once every couple of years At the beginning of every day, at market close Every monday at market open Once every ten years First working day of every month None 2. Mutual funds which help you save taxes are also referred to with this name. Which one? ELSS TSMF ELSMF ELMF None 3. Which category of mutual funds should investors strictly avoid? New Fund Offerings And New-Agressive Funds Closed-ended Funds And New Fund Offerings Open-ended Funds Closed-ended Funds And Equity-Only Funds None 4. Which product from below is most similar to a Mutual Fund? A Portfolio Management Service A ULIP (Unit Linked Insurance Plan) An Equity-agressive LIC A Stock Recommendation Service None 5. Which channel from these below will allow you to get higher returns from the same mutual fund? Any Financial advisor who doesn't charge upfront fees Your bank's relationship manager An AMC website Sites like Scripbox, Upwardly, FundsIndia None 6. Which type of mutual fund from below is most likely to charge the least for fund management? Direct plan of an equity mutual fund Index mutual fund Direct plan of an Index mutual fund An Equity-only mutual fund None 7. Which type of mutual fund can one blindly invest in? A mutual fund which provides consistent returns Any mutual fund which provides highest returns None Any mutual fund which provides complete protection 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 Commission-based financial advisor A financial advisor who doesn't charge any upfront fees A fee-only financial advisor None 9. 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 An equity-aggressive mutual fund A capital-guarantee mutual fund An equity-only mutual fund None 10. Which asset classes can you invest in, using a Mutual Fund? Equities, Insurance, Gold, Debt Equities, Debt, Gold, International Equity Only Equities And Debt Only Equity None {{#message}}{{{message}}}{{/message}}{{^message}}Your submission failed. The server responded with {{status_text}} (code {{status_code}}). Please contact the developer of this form processor to improve this message. Learn More{{/message}}{{#message}}{{{message}}}{{/message}}{{^message}}It appears your submission was successful. Even though the server responded OK, it is possible the submission was not processed. Please contact the developer of this form processor to improve this message. Learn More{{/message}}Submitting… Time's up Financial Wellness QuizDateJanuary 14, 2020In relation toSimilar postInsurance Trivia QuizDateJune 15, 2020In relation toSimilar postTest Your Knowledge of FinancesDateOctober 23, 2018In relation toSimilar post
