It is nothing but an equity share of a company.

It is a debit instrument that offers fixed interest rate.

It is an instrument that gives the holder the right to purchase equity shares in a company at a fixed price in future.

None of the above

There is no need to benchmark an Equity Index Fund

By comparing it with return on Government securities

By comparing its performance with a money market mutual fund

By comparing its performance with the Index it is designed to track

NSE

AMFI

SEBI

Agencies appointed by the AMC

personal trading transaction done by anyone with knowledge of the fund decisions in the concerned security

personal trading transaction done by an insider of the AMC /fund

personal trading transaction done by anyone associated with the fund

personal trading transaction done without prior approval of the AMC

a price which is not related to interest rates for similar maturities

above face value

face value

below face value

A close ended scheme may invest a maximum of 10% of its NAV in unlisted shares

An open-end scheme may invest a maximum of 5% of its NAV in unlisted shares

Both (1) and (2)

None of the above

average return

risk

risk adjusted return

beta of the portfolio

to know CRISlL's opinion on the fund management practices and over all management quality of an AMC / a fund house

to know risk of default by the AMC / Fund house

to evaluate the performance of the schemes managed by the AMC / Fund house

to compare the performance of the schemes managed by different fund houses

Pay interest on a quarterly basis

Pay interest on a yearly basis

Be redeemed on maturity at the face value which is higher than the issue price with no payments in between

Would offer yield tax free income

Whenever the investor's personal circumstances or financial goals change

Whenever stock market prices fall sharply

Shortly before the filling of the income tax returns of your client

Each year at the time of the presentation of the Government budget

Pension fund or provident fund

Closed - end or open - end

Load fund or no load fund

Active fund or passive fund.

less then 10 units

10 units

more than 10 units

11 units

can act as the distributor of the mutual fund

cannot act as the distributor of the mutual fund

can act as the trustee of the mutual fund

can act as the custodian of the mutual fund

AMFI code of conduct requires them to do so

The AMC they represent requires them to do so

Good conduct means good business for them

For all of the above reasons

SEBI

AMFI

Unit Trust of India

Investor Education and Protection fund

AMC employees and fund trustees

Only AMC employees

Only fund trustees

Anyone concerned with the funds

A fund sponsor can contribute to the initial corpus of the trust

A fund sponsor can contribute to the capital of the AMC

A fund sponsor can invest in his own fund's schemes

All of the above

liability side of the scheme's balance sheet

asset side of the balance sheet

revenue account

equalization account

50% govt. securities fund + 50% money market funds

50% govt. securities fund + 50% index fund

50% govt. securities fund + 50% international funds

50% govt. securities fund + 50% aggressive growth funds

key information memorandum

offer document

fund advertisements

all of the above

family size and requirements

market condition

job of the investor

all of the above

When compared to gilt funds, securities in debt funds have higher risk of default

Growth and risk are associated with equity funds

Debt funds have higher NAV fluctuation when compared to money market funds

All of the above

selling and distribution expenses

expenses of AMFI

printing stationery and posting expenses

marketing and sales promotion expenses

Fund trustees

SEBI

AMFI

Distributors

Rs. 2400

1% of the value of fund's portfolio at the time

1% of the net assets of the fund at that time

Cannot say with the given data