ETF & INDEX

NAV of ETF declares at_________?

• Every business days by 11pm

• Every succeeding morning by 10 am

• fluctuates at real time basis as per the market timings

• None of the options

Can do the investments in ETF viz. SIP

• True

• False- can be bought basis on quantity

• Can do only lump sum

• None of the options

ETF units can be purchased from AMC once the scheme gets reopened.

• Both AMC & DP

• None of the options

• Yes

• False-need to purchase through Depositary Participants.

What is the objective of investing in ETF's?

• To replicate the performance of the benchmark index.

• To perform better than its benchmark

• To give aggressive returns

• To provide returns over short duration

ETF and Index funds expense ratio is___

• High as compared to Passive funds

• Low as compared to Active funds

• None of the options

• Equal

As per guidelines, the Expense ratio in Index funds cannot exceeds ____%

• 2

• 3

• 1

• 2.25

Index & ETF'S funds are actively managed

• Yes

• False- Passively managed

• both- active & passive

• Neither active or passive

What is Tracking error

• The benchmark returns

• The difference between the performance of the fund and the actual returns of the index

• The funds returns

• none of the options

The redemption payout TAT for Index Funds___

• T+1

• T+5

• T+3

• For Equity Index-T+2 Business Days & For Debt Index-T+1 Business Days

ETF units can be held in electronic form i.e (Physical form)

• True

• False- Only in Demat Form

• Both physical & Demat form

• None of the options