1. What are the benefits of Systematic Investment Plans (SIP) Affordable Rupee Cost Averaging Discipline in investing All of these 2. What is Long term Capital Gain tax (LTCG) on debt funds? 10% on capital gains 20% on capital gains 20% after indexation None of the above 3. A Mutual fund with a lower NAV is better than the one with a higher NAV True False Can’t say 4. The fees charged by Mutual fund company to manage your money is called Exit load Corpus Expense ratio None of the above 5. What type of Mutual fund is ELSS? Liquid Fund Debt Fund Tax saving Retirement fund 6. What is the Short Term Capital Gain Tax (STCG) on equity funds? 10% of capital gain 15% of capital gain Depends on Tax slab 7. Mutual funds are regulated by? RBI NABARD SEBI AMFI 8. How often is Mutual fund NAV calculated? Minute to Minute Daily Weekly Monthly 9. Which of the following are not found in a portfolio of a debt fund? Debentures Bonds Certificate of deposits Long term Government securities 10. When a new Mutual fund scheme is launched it is called a? Systematic Investment Plan (SIP) New Fund Offer (NFO) Asset Under Management (AUM) None of the above Full Name: E-mail ID:
