Exam 6: Mutual Fund Terminology and Concepts

If Holding Period return are 20% & period is 2 years then Annualized returns ____.

………… funds use algorithmic, in which computer software takes buy/ sell decisions on the basis of formula

Open-ended funds have to update offer document at least once in………… years

If Holding Period return are 25% & period is 2 years then Annualized returns ____.

A …………… risk refers to the possibility of a stock issuer to go bankrupt or facing heavy losses.

A benchmark once chosen cannot be altered without _________ approval.

Expenses incurred that are above the regulatory limit are borne by sponsor & _____

UTI Act was enacted in the year ______.

Jensen's Alpha focuses on _____________

Expense ratio for a funds should be as ______ as possible.

Equity funds are exempt from long term capital gain tax when investments are held for at least ………… months from the date of acquisition.

………… funds are an extension of sector funds.

Financial year for all mutual fund schemes ends on ……………

R-squared value range from 0 to ……………

CAS stands for …………………..

________ funds tends to have lower expense than other type of mutual funds.

Rupee cost averaging means investing fixed amount _________.

NFO stands for_____________

……………… funds invest in companies of different sectors across the market.

A fund with _____ Sharpe ratio than the market is outperforming the market.