IDBI Mutual

Which fund has the highest risk

A. Liquid fund

B. Money market fund

C. Short term Debt fund

D. Long term Gilt fund

Which of the following with regards to Board of Trustees of a Mutual Fund is true

A. They act as trustees to protect the interest of investors

B. They manage portfolio of investor to ensure that they do not suffer any loss

C. They empanel distributors for marketing Mutual Funds

D. They float new schemes for investors

Due diligence of distributor is the responsibility of

A. Mutual Fund / AMC

B. SEBI / Mutual fund

C. Mutual fund / Registrar of company

D. SEBI / AMFI

Index against which performance of the fund is measured is called

A. Tracking error

B. Bench mark

C. Treynor ratio

D. Beta coefficient

A. Open ended funds

B. Close ended funds

C. Interval funds

D. Exchange Traded Funds

A distributor can be empanelled by AMC only if

A. If such distributor and its representatives have cleared the certifying exam

B. Such distributor is approved by AMFI

C. Such distributor is registered with Stock Exchanges

D. Such distributor is approved by SEBI

The choice of an appropriate benchmark for evaluating fund performance depends on

A. Investment objective of the fund

B. Fund Manager as he ensures performance of the scheme

C. Head of Sales & CIO as they are the creator of the scheme

D. Trustees as they approve the scheme

In a Gold Fund, fund house pools money from various investors and invests in Gold ETF

A. True

B. False

Which of the following is a physical asset

A. Securitized debt

B. Real Estate

C. RITES

D. Gold futures

Which of the following with regard to Fixed Maturity Plan is true

A. It is an Open Ended Fund

B. It is an Interval Fund

C. It is a Close Ended Fund

D. It is a fixed maturity deposit of a Commercial Bank

Which of the following is a function of Offer Document

A. To enable comparison of Mutual Fund

B. To provide adequate information about the scheme to the investor

C. To report performance of the scheme

D. To give the Fund Manager's commentary on the market

Which of the following is not the last step in Financial Planning

A. Understand financial goals

B. Selecting Funds of International market

C. Studying objectives of the scheme

D. Gather client data

Which of the following measures are not taken by SEBI for protecting Mutual Fund investors

A. Mandating minimum level of diversification

B. Ensuring that funds are invested only in securities approved by SEBI

C. Ensuring that funds are not used to favor some companies / groups

D. Tracking securities of each schemes of Mutual Fund

Beta is a measure of

A. Geometric average return

B. Holding period return

C. Systematic risk

D. Unsystematic risk

Regarding circulation of unauthenticated news, access to blogs / chat forms / messenger sites etc should

A. Not be allowed

B. Restricted under supervision

C. Not be allowed and restricted under supervision

D. None of the alternatives

Which of the following distributors qualify for due diligence process to be followed by AMCs as per SEBI mandate

A. AUM raised over Rs. 100 crs from Non-Institutionalized category

B. Commission received of over Rs. 50 lacs from a single Mutual Fund house & Rs. 1 crore p.a. across the industry

C. Presence in more than 20 locations

D. All of the alternatives

If a scheme is launched in 2nd month of financial year the 1st update of SID is due within

A. Within 3 months of the end of financial year

B. Within 3 months from the beginning of next financial year

C. Within 3 months from the end of the next financial year

D. within 6 months of the end of financial year

Highest risk is associated with which of the following kinds of funds

A. Balanced funds

B. Gilt funds

C. Equity funds

D. Debt funds

A Systematic Withdrawal Plan (SWP) is ideal for investors who

A. Prefer regular income stream

B. Want to redeem units to book capital gains

C. Want to diversify in other assets

D. Want to benefit from market fluctuation

Financial Planner & their clients should focus on

A. Allocating funds to various asset classes based on their objectives

B. Allocating funds to individual securities

C. Tracking shares that have upside potential

D. Minimize losses

Following investment made by debt fund is untrue

A. Gilt securities

B. Equity Shares of Public Sector Undertaking

C. Bonds from Financial Institution

D. Commercial Paper

Find the odd man with regards to the objective of Mutual Funds

A. Equity Fund

B. Debt Fund

C. International Fund

D. Interval Fund

Hybrid funds have their investment in

A. Equities

B. Debt

C. Gold

D. All of the above

Expense ratio is affected by

A. Fund size

B. Plan opted (Direct / through distributor)

C. Type of assets

D. All of the alternatives

If a charitable trust approaches a distributor with application for investment in Mutual Fund, the distributor should:-

A. Accept application

B. Decline the application

C. Refer SID & SAI

D. Accept application as Direct