Mr. Manoj is buying shares in a mutual fund that invests in companies that are all within the same industry. What type of mutual fund has he purchased?

Related MCQs

• The value of the mutual fund's portfolio minus the mutual fund's liabilities divided by the number of shares outstanding is called the:.
• A mutual fund in which shares are issued only when the fund is organized is called a ________fund.
• ————— fund invests in highly liquid securities like commercial paper.
• Mr. Praveen is thinking about buying an investment. The investment option that he is thinking about buying is an investment where investors pool their money. One of the key features is that it is managed by professional managers. What investment is Mr. Praveen thinking about purchasing?.
• The saving banks, insurance companies, mutual funds and commercial banks are all examples of –
• The company which sets up a mutual fund is called —————
• In India, the company which actually deals with the corpus of the mutual fund is called
• --------- variety of mutual fund is known as “Nest Eggs”
• The market performance of mutual fund can be judged on the basis of
• ................. mutual fund otherwise known as “intrinsic value”