Existing shares of closed-ended mutual fund companies are purchased

Related MCQs

• ________ is a method of investing in mutual funds wherein an investor chooses a mutual fund scheme and invests a the fixed amount of his choice at fixed intervals.
• A mutual fund has a beginning balance of 100 million earns interest of 10 million, receives dividends of 15 million, and has expenses of 5 million. If 10 million shares are outstanding, what is the NAV?
• 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?
• How much money would you need to purchase 400 shares of a mutual fund with a NAV of $55 per share and a 3% load?
• Which of the following stock mutual fund focus on medium-sized companies that are more established than small-cap firms, but may have less growth potential?
• The _________ is the market value of the securities that mutual funds have purchased minus any liabilities per unit.
• ______ funds are mutual funds that attempt to mirror the movements of the existing board market indicators.
• The First player of the Mutual fund industry was______________.
• UTI mutual fund was set up in the Year _______________.
• _______________ Mutual fund company was set up as a joint venture between RBI and Government of India