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Questions and Answers
What does a close-ended Mutual Fund have?
What does a close-ended Mutual Fund have?
- NAV
- Fund Size (correct)
- Number of distributors
- Rate of return
Who determines the maximum load that a fund can charge?
Who determines the maximum load that a fund can charge?
- AMFI
- Distribution agents based on demand for the fund
- SEBI
- AMC (correct)
What does a gilt fund invest in?
What does a gilt fund invest in?
- In government securities only (correct)
- In short-term securities
- In instruments issued by companies with a sound track record
- In very high quality equity only
Which fund type is associated with the highest risk?
Which fund type is associated with the highest risk?
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What happens to the NAV of a mutual fund?
What happens to the NAV of a mutual fund?
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