This document contains sample practice questions for a mutual funds certification exam. It includes 5 multiple choice questions about mutual fund concepts such as close-ended funds, load fees, net asset value (NAV), and fund types. The questions cover topics like the fixed characteristics of close-ended funds, the regulatory body that determines maximum load fees, calculating the amount needed to buy a specific number of units based on entry load and NAV, the type of securities invested in by gilt funds, and the highest risk fund type.
This document contains sample practice questions for a mutual funds certification exam. It includes 5 multiple choice questions about mutual fund concepts such as close-ended funds, load fees, net asset value (NAV), and fund types. The questions cover topics like the fixed characteristics of close-ended funds, the regulatory body that determines maximum load fees, calculating the amount needed to buy a specific number of units based on entry load and NAV, the type of securities invested in by gilt funds, and the highest risk fund type.
a. NAV b. fund size c. rate of return d. number of distributors 9. T 2. The maximum load that a fund can charge is is determined by the : a. AMC b. SEBI c. AMFI d. distribution agents based on demand for the fund
3. The amount required to buy 100 units of a scheme 10
having an entry load of 1.5% and NAV of Rs.20 is : a. Rs.2000 b. Rs.2015 c. Rs.1985 d. Rs.2030 11 4. A gilt fund is a special type of fund that invests : a. in very high quality equity only b. in instruments issued by companies with a sound track record c. in short-term securities d. in government securities only 12 This document is... Useful 5. Of the following fund types, the highest Not useful risk is associated with a Balanced Funds https://www.scribd.com/doc/132398720/NISM-V-A-Sample-500-Questions 1/1