L320: Mutual Funds Basic

Mutual Funds can consist

• Shares

• Bonds

• Cash & other securities

• All of the above

Mutual fund is managed by

• Investors

• Owners of companies

• Professional advisers

• Chartered Accountants

Mutual Funds means

• investment in shares

• Investment in debts

• investment in pool of securities (can be equity & debt)

• none of the above

Running a mutual fund needs a lot of employees.

• True

• False

Which among the followings are incomes from a Mutual Fund?

• Capital Gain

• Price appreciation

• Dividend

• All of the above

Fees charged by mutual fund is called

• financial charges

• expense ratio

• professional fees

• None of the above