A MF application form will be Considered complete even if it does not have the details of
Bank account
Nomination
Investor status
PAN
IEPF was created for the purpose of funding organization lik SEBI, for investor protection.
True
False
Debt capital is always raised for short-term periods. state True (or) False
True
False
when an investor changes his option from dividend to growth it is a
Banned transaction
financial transaction
Non-financial transaction
Special transaction
The tax liability of a NRI depends on _ I the holding period of his/her investments. 2. The type of MF schemes in which the investments were made 3. Country of residence.
1 and 2 only
1 and 3 only
2 and 3 only
All 1 2 and 3
__ of a bond refers to the interest payable on a bond.
Inflation rate on principal
Coupon
Market price
How many bank account can a mutual fund scheme have?
2
4
1
Any number
Large Cap Equity fund invest in all segments of the equity market state TRUE (@r) FALSE
True
False
The updated NAV of schemes (except for Lund of fund scheme) for a day has to be made available on AMFI website by which time?
10 am daily
11 PM weekly
11 PM daily
10 am weekly
Which of the below mentioned options is an example of Corporate debt security?
Non-convertable debenture
Private Placement
IPO
Prefrence share
Preference share holders have a preference in the payment of dividend over debenture holders and in the return of capital, if the company is wound up state True (or) false.
True
False
SOA in case of NFO, has to be sent to the investors within__working days from closure of NFO
30
10
15
5
Most close-ended funds run for a yearly.
True
False
Investors can buy units of an open-ended mutual fund_
From banks
from the distributors
From the fund itself.
Only during the NFO
Once the money is pooled from the investors, the fund define the investment objective and strategy of the scheme.
True
False
who link the information given by the investor to the folio number?
The R&T agent
The point of collection center
AMC
Clearing bank
A MF investor want to change the option from dividend to growth. This will be considered as a
Financial Transaction
Non-financial Transaction.
Special Transaction.
Illegal Transaction.
The interest that a company will have to pay on the debtraised will depand upon its
Market Risk
Liquidity Risk
Default Risk
Cut-off time has been prescribed by__for various categories of funds and transactions
AMFI
RBI
SEBI
Respective Mutual fund
What is the meaning of a Coupon" of a debenture?
It is the amount of interest in rupee
It is the discount on the debenture
It is the price in secondary market
It is the rate of interest applied on the face value of debenture
The type of expenses that can be changed to a fund it's limit is decided by
Sponsor of AMC
SEBI
AMFI
Board of Trustee of AMC
A "at par cheque" is equivqlent to a_
Local cheque
Transfer cheque
Outstation cheque
Foreign cheque
An on-going financial transaction in a MF will be processed at which price?
NAV
NAV less taxes
Face value
NAV adjusted for applicable load
Equity capital gives returns to the investors in the form of __
Capital Appreciation
Dividend
Both A and B
QRTA are those Registrar and Transfer Agent who service more than __folios
2 crore
5 lakhs
1 crore
50 lakhs
What is the AVM of a fund?
Its the current market value of the portfolio
Its the amount collecting during the NFO
Its the total amount of fund contributed by investors
Its the minimum amount which needs to be maintained in a portfolio
The NAV of fund reflects
The Current value of its transactions
The Current value of its Portfolio
The Current value of its Asset less liabilities
The Current value of its assets
An investor receive Rs 1000 as dividend. At what rate will it be taxed?
Dividends are taxed at 10 percentage
Dividends are exempt from tax in the hands of an investor
Dividends are taxed at 12.5 percentage
Dividends are taxed at 20 percentage
Current yield is a measure of__
Return of bond
Duration of bond
Credit worthiness of a bond
Coupon of a bond with its market price
TER is charged to the fund at the end of the financial year.
True
False
The maximum amount of equity capital that a company will have is called__
Threshold capital
Face value capital
Authorised capital
Maximum capital
When compared to lump sum investment the SIP Investment are usually__
Larger
Same
Fluctuating
Smaller
What type of benefits due the mutual fund investors have?
Technical Analysis, Economic of Scale, Meeting with promoters
Fundamental analysis, Technical Analysis, Inside information
The Face value of a bond is decided by the __but the market value is decided by__
SEBI, Stockmarket
Issuer, Market force
Issuer, Stock exchange
BOD of the issuer, BSE
What is the time period for a close-ended fund?
For a fixed/specified time
For unlimited time
For a year
For 3 years
Who manages the portfolio of mutual fund
Trustee
AMC
Custodian
Sponsors
Bonds, commercial paper and debentures are a form of__
Hybrid capital
Long term capital
Debt capital
Equity capital
An investor submit an application at the AMC's office where it is time stamped. The appliation is them forwarded to the RTA where it is again time stamped. On which time stamp will the application NAV be decided.
As per instruction of the AMC
As per time stamp of the AMC office
As per the time stamp of RTA
As the time stamp which is before the cutoff time
After a NFO, the unit capital of a _ MF Scheme normally remains constant but that of a _ Scheme varies regularly
Close-ended, Open-ended
Liquid, Mid-cap
Debt, Equity
Open-ended
Usually a Mutual Fund has a _ which is Rs.10
Stated value
Redemption Price
NAV
Face value
In casee of systematic Transfer Plan (STP) and systematic withdraw plan (SWP) the applicable NAV depends on _
The amount transfered (or) withdrawn
The rules of the respective Mutual Fund
The transaction date
The frequency
Redemption proceed have to be paid within _ working days of receiving the request from the investor.
21
10
15
7
Who is the service provider for KYC with respect to MF?
R&T agent
KRAs
AMFI
Custodian
When an investor does additional purchase transaction, the complete, details of the investor are not required if he provide_
Aadhar number
Folio number
PAN number
KYC number
Bond whose interest amount fluctates in step with the market interest refers (or) some other external measure is called as
Floating Rate bond
Convertable debenture
Benchmark bond
Rest bond
The cut off times for Liquid Fund redemption is _
3:00 PM
1:00 PM
1:30 PM
2:00 PM
Liquid Fund invest in debt securities with maturity
Upto 7 days
Upto 91 days
Upto 365 days
Investment in SIP can be on a _ basis
Yearly
Monthly
Quartely
All of the option
The Full Form of STT is _
Sale Transaction Tax
Securities Transaction Tax
Service Transaction Tax
Speculation Transaction Tax
_ are equity funds which invest in all segment of equity market
Sectoral Funds
Mid cap Funds
Diversified Funds
Large cap Funds
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