Question 1
Closed-ended funds are mainly traded on:
Question 2
Can closed-ended funds trade above NAV?
Question 3
Complex: A fund with high returns but very high management fees may finally give:
Question 4
Can a mutual fund investor directly select every stock in the portfolio?
Question 5
12b-1 fee is mainly related to:
Question 6
Which fund type stands ready to redeem units at NAV?
Question 7
Which fee is generally annual and based on assets under management?
Question 8
NAV stands for:
Question 9
If NAV = Rs. 12 and investor buys 1,000 units, total investment value is:
Question 10
If a fund's NAV falls due to expenses, the reason may be:
Question 11
If total assets are Rs. 500 crore, liabilities are Rs. 50 crore, and units are 30 crore, NAV is:
Question 12
Can management fees reduce NAV directly?
Question 13
Formula of NAV is:
Question 14
If an investor buys at NAV, this usually refers to:
Question 15
Which is more flexible for entry and exit?
Question 16
If total return formula includes dividend, it means:
Question 17
Closed-ended fund shares are bought from:
Question 18
A mutual fund mainly works by:
Question 19
Which of these is NOT a mutual fund fee?
Question 20
Can open-ended mutual funds issue new units anytime?
Question 21
Management fee is paid for:
Question 22
Front-end load is charged when:
Question 23
Who manages the investments in a mutual fund scheme?
Question 24
If NAV yesterday was Rs. 20 and today it is Rs. 22 with no dividend, return is:
Question 25
Can the market price of a closed-ended fund differ from NAV?
Question 26
Which is the main reason for front-end and back-end loads?
Question 27
Can a mutual fund be owned proportionally based on units held?
Question 28
Can mutual fund returns include both dividend and capital gains?
Question 29
Can the number of units in open-ended funds change daily?
Question 30
Back-end load is charged when:
Question 31
Tricky: Higher NAV always means better fund performance.
Question 32
Complex: If a closed-ended fund NAV is Rs. 100 but market price is Rs. 90, it trades at:
Question 33
If NAV last year was Rs. 50 and now it is Rs. 55 with Rs. 5 dividend, total return is:
Question 34
Most correct understanding of mutual fund returns is:
Question 35
Which concept best explains professional management in mutual funds?