5 Questions
Which of the following is a characteristic of a close-ended mutual fund?
Fund size
What determines the maximum load that a fund can charge?
SEBI
What is the amount required to buy 100 units of a scheme with an entry load of 1.5% and NAV of Rs.20?
Rs.1985
What does a gilt fund primarily invest in?
Government securities only
How can an investor in a close-ended mutual fund get their money back?
On a stock exchange where the fund is listed
Test your knowledge on the AMFI test with these practice questions. Learn about close-ended mutual funds, maximum load charges, and calculations related to buying units of a scheme. Perfect for anyone preparing for the AMFI test or wanting to brush up on their knowledge of mutual funds.
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