DAILY QUIZ
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The charge or fee levied by mutual funds is called…
Coupon rateLoadPrincipal
Which mutual fund scheme invests in stocks of specific sectors of the economy?
Sector fundIndex fundInterval fund
What tax benefit does an equity-oriented hybrid fund offer on long-term (over a year) capital gains?
10%15%None
What are long duration funds most sensitive to?
Tax benefitsDiscount ratesInterest rates
Which funds invest in securities with a residual maturity of not more than 91 days?
Ultra short term fundsLiquid fundsShort term funds
Which bonds are sold at a deep discount to face value and have no periodic interest payments?
Premium bondZero coupon bondGovernment Bond
How long is the mandatory lock-in period for equity linked savings schemes?
3 years1 year5 years
Which fund does not have a default risk because the bonds are issued by the government?
Income fundGilt fundDebt-oriented hybrid funds
What is the interest rate paid on bonds?
Discount rateCoupon rate
What is a bond trading above its par value called?
Premium bondJunk bondInternational bond
It is an investment strategy where by the fund seeks to invest in stocks of companies that seem undervalued.
Sector-specific investmentValue investing Growth investment
What is market value of a mutual fund unit?
Net Asset (NAV)Systematic Investment Plan (SIP)Market capitalization
Which mutual fund plan allows an investor to periodically and systematically shift money from one scheme to another?
Systematic Investment Plan (SIP)Systematic Transfer Plan (STP)
A financial advisor helps to monitor
Investment performanceGive expert investment adviceChalk out a financial planAll of the above
How can one take maximum advantage of Rupee cost averaging?
Systematic Investment Plan (SIP)Net Asset Value (NAV)Systematic Transfer Plan (STP)
Which document is issued by a Mutual Fund house, indicating details of the transactions and the mutual fund units held by the investor?
Balance sheetMarket reportAccount statement
CL03533
Increase in the investment value is called
DepreciationAppreciationCould be either
CL03534
Which is the short term unsecured promissory note with maturity of 3 months to 1 year that is issued by corporations to raise schemes for short-term needs?
Commercial paperCertificate of deposit Bank statement
CL03536
What is the process of converting physical shares into their electronic format called?
SwitchingReallocationDematerialization
CL03537
Name the following: A short term debt instrument issued by scheduled commercial banks, with a maturity of 3 months to 1 year.
Commercial paperCertificate of deposit Bank statement
CL03538
A ratio of total expenses to net assets of the fund is called
Net asset ratioExpense ratioNet expense ratio
CL03539
What is the original issue price of a bond, stock or other financial instruments called?
Par value of the instrumentNominal value of the instrumentFace value of the instrument All of the above
CL03540
A mutual fund scheme that invests in other mutual schemes is known as __________.
Fund of schemesEquity fundDebt fund None of the above
CL03541
___________ for a mutual fund is the date from which the fund started operations and the returns are calculated.
Redemption dateEx-dividend date Inception date
CL03542
What is known as the fixed period for which, fresh investment in a fund, cannot be redeemed by the investor?
Holding periodLock in periodModified duration
CL03543
When the invested money earns interest and that interest, again earns interest – the process is called ___________.
Portfolio churningGrowth investingCompounding
CL03544
What is a no-load fund?
A mutual fund scheme where there is no entry loadA mutual fund scheme where there is no exit loadA mutual fund scheme where there is neither entry nor exit load
CL03545
Name the following: The period during which, the initial offer to public is open for purchase of units.
Year to Date (YTD)Offering periodLock-in period
CL03546
____________ is referred to as the process of transferring the investment from one fund to another.
SwitchingRelocationDematerializing
CL03547
__________ is buying back or cancellation of units of a scheme, either on an on-going basis or on maturity of a scheme.
Dividend Re-investment RedemptionCapital gains
CL03548
Name the following: The stock of a company that is large in size, showcases a good track record, and is ranked amongst the top in the stock market.
Blue chip stocksPenny stocksNone of the above
CL03535
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