Exam 3: Mutual Fund Terminology and Performance Metrics

A ……………… ended scheme shall be wound upon the expiry of duration fixed in the scheme on the redemption of units.

You invested 1,000 in a mutual fund with a 4% load when NAV was 20 per share. If you sell your shares at a NAV of 20 per share, what is the return of your investment?

A scheme has average weekly net assets of Rs. 324 Cr and has annual expenses of Rs 3.24Cr, it's expenses ratio is

……………………. is a facility where investor will invest a fixed amount in a mutual fund scheme at regular intervals.

…………….. allows an investor to withdraw a fixed amount of money periodically.

If a scheme has 45Cr units issued and has an FV of Rs. 10 and NAV is at 11.33, unit capital(Rs.Cr) would be equal to

What would be the tax consequence of owning a mutual fund that made distributions of 600 resulting from short-term capital gains and $800 resulting from long-term capital gain rate?

In …………….. STP investor transfers the profit from one fund and invests in the other.

Open ended funds can be purchased and sold ………………….

For a scheme to be defined as an equal fund, it must have a minimum

……………. is a facility provided by banks to investors in new fund offers (NFOs) of mutual funds.