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Which type of mutual fund scheme is known for providing tax benefits under Section 80C?
ELSS
What does SIP stand for?
Systematic Investment Plan
What is the primary objective of a liquid fund?
Short-term liquidity
Which type of mutual fund is considered low risk and invests in government securities?
Gilt fund
What is the main objective of an equity fund?
Capital appreciation
What is the expense ratio of a mutual fund?
The ratio of the fund's expenses to its total assets
Which regulatory body oversees mutual funds in India?
SEBI
What is the primary advantage of an ETF over a mutual fund?
Lower costs
Which type of mutual fund is suitable for long-term investors?
Equity fund
What is the significance of NAV in mutual funds?
Indicates the per-unit value of the fund
What does AUM stand for in mutual funds?
Assets Under Management
What is a diversified fund?
A mutual fund that invests in various sectors to reduce risk
What is the primary role of a custodian in mutual funds?
Safeguard the fund's assets
What type of mutual fund is known for its high risk and high return potential?
Sector fund
What is the difference between an open-ended and a closed-ended mutual fund?
Open-ended funds can issue and redeem units at any time
What is the Sharpe ratio used to measure in mutual funds?
Risk-adjusted return
What is the lock-in period for ELSS?
3 years
Which type of fund invests primarily in corporate bonds?
Debt fund
What is the key feature of a closed-ended mutual fund?
Fixed number of units
What is the primary function of an AMC (Asset Management Company)?
Manage mutual funds
What is the role of SEBI in mutual funds?
Regulate and oversee mutual funds
What is the primary advantage of diversification in mutual funds?
Reduce risk
What is the role of a fund manager in a mutual fund?
Make investment decisions and manage the portfolio
What is a balanced fund?
A mutual fund that invests in both equities and debt instruments
What is the significance of the expense ratio in mutual funds?
Indicates the cost of managing the fund
What is the primary risk associated with debt funds?
Credit risk
What does ETF stand for?
Exchange Traded Fund
What is the main objective of a gilt fund?
Invest in government securities
What is the lock-in period for tax-saving mutual funds?
3 years
What is the primary advantage of investing in a mutual fund?
Diversification
What is a liquid fund?
A mutual fund that invests in short-term securities for liquidity
What is the main benefit of SIP in mutual funds?
Regular investment and rupee cost averaging
What type of mutual fund is considered low risk and invests in government securities?
Gilt fund
What is the primary objective of an index fund?
Match the performance of the market index
Which type of mutual fund provides regular income through dividends?
Dividend yield fund
What is the primary benefit of diversification in a mutual fund?
Reduce risk
What is the role of a custodian in mutual funds?
Safeguard the fund's assets
What is the primary advantage of diversification in mutual funds?
Reduce risk
What is the main objective of a growth fund?
Capital appreciation
What is the primary role of SEBI in mutual funds?
Regulate and oversee mutual funds
What is the primary function of an AMC (Asset Management Company)?
Manage mutual funds
What is the main objective of an index fund?
Match the performance of the market index
Which type of mutual fund provides regular income through dividends?
Dividend yield fund
What is the main objective of a liquid fund?
Short-term liquidity
What is the primary benefit of SIP in mutual funds?
Regular investment and rupee cost averaging
What is the main objective of a balanced fund?
Provide a mix of equity and debt investment
What is the primary risk associated with debt funds?
Credit risk
What does SIP stand for?
Systematic Investment Plan
Which type of mutual fund is designed to provide tax benefits?
ELSS
What is the significance of NAV in mutual funds?
Indicates the per-unit value of the fund
What is a diversified fund?
A mutual fund that invests in various sectors to reduce risk
What is the expense ratio of a mutual fund?
The ratio of the fund's expenses to its total assets
Which regulatory body oversees mutual funds in India?
SEBI
What is the main objective of a gilt fund?
Invest in government securities
What is the lock-in period for ELSS?
3 years
What type of mutual fund is known for its high risk and high return potential?
Sector fund
What is the primary role of a custodian in mutual funds?
Safeguard the fund's assets
What is the difference between an ETF and a mutual fund?
ETFs trade on stock exchanges, mutual funds do not
What is the primary advantage of diversification in mutual funds?
Reduce risk
What is the role of a fund manager in a mutual fund?
Make investment decisions and manage the portfolio
What is the primary function of an AMC (Asset Management Company)?
Manage mutual funds
What is the main objective of an index fund?
Match the performance of the market index
Which type of mutual fund provides regular income through dividends?
Dividend yield fund
What does AUM stand for in mutual funds?
Assets Under Management
What type of mutual fund is considered low risk and invests in government securities?
Gilt fund
What is the primary benefit of diversification in a mutual fund?
Reduce risk
What is the primary role of SEBI in mutual funds?
Regulate and oversee mutual funds
What is the difference between an open-ended and a closed-ended mutual fund?
Open-ended funds can issue and redeem units at any time
What is the main objective of a balanced fund?
Provide a mix of equity and debt investment
What is the significance of the expense ratio in mutual funds?
Indicates the cost of managing the fund
Which type of fund invests primarily in corporate bonds?
Debt fund
What is the key feature of a closed-ended mutual fund?
Fixed number of units
What does ETF stand for?
Exchange Traded Fund
What is the lock-in period for tax-saving mutual funds?
3 years
What is the primary advantage of investing in a mutual fund?
Diversification
What is a liquid fund?
A mutual fund that invests in short-term securities for liquidity
What is the main benefit of SIP in mutual funds?
Regular investment and rupee cost averaging
What type of mutual fund is considered low risk and invests in government securities?
Gilt fund
What is the primary objective of an index fund?
Match the performance of the market index
Which type of mutual fund provides regular income through dividends?
Dividend yield fun
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