NISM VB – Mutual Fund Category: NISM VB – Mutual Fund 19 Mutual Fund Quiz Find your mutual fund knowledge score 1 / 10 1. The maximum load that a fund can charge is determined by the : AMC SEBI AMFI distribution agents based on demand for the fund 2 / 10 2. A close-ended mutual fund has a fixed : NAV fund size rate of return number of distributors 3 / 10 3. The NAV of a mutual fund: is always constant keeps going up at a steady rate fluctuates with market price movements cannot go down at all 4 / 10 4. Of the following fund types, the highest risk is associated with Balanced Funds Gilt Funds Equity Growth Funds Debt Funds 5 / 10 5. A gilt fund is a special type of fund that invests : in very high quality equity only in instruments issued by companies with a sound track record in short-term securities in government securities only 6 / 10 6. The amount required to buy 100 units of a scheme having an entry load of 1.5% and NAV of Rs.20 is : Rs.2000 Rs.2015 Rs.1985 Rs.2030 7 / 10 7. Units from an open-ended mutual fund are bought on a stock exchange from the fund itself from AMFI from a stock broker 8 / 10 8. A mutual fund is owned by the Govt. of India SEBI all its investors AMFI 9 / 10 9. The "load" charged to an investor in a mutual fund is entry fee cost of the paper on which the unit certificates are printed the fee the agent charges to the investor the expenses incurred by fund managers for marketing a mutual fund scheme 10 / 10 10. An investor in a close-ended mutual fund can get his/her money back by selling his/her units: back to the fund to a special trust at NAV on a stock exchange where the fund is listed to the agent through which he/she subscribed to the units of the fund Your score isThe average score is 49% 0% Restart quiz Share this post: Share on X (Twitter) Share on Facebook Share on LinkedIn Share on WhatsApp Share on Telegram Share on Email Share on SMS