Investment and Financial Planning Quiz - HDFC OB

Umakant is aiming to achieve 1Cr approx. in 2034 after investing through monthly SIP. Calculate the SIP amount he should invest to achieve his goal expecting the rate of return @ 12%

• 38,000 Rs – 40,000 Rs SIP/m

• 1,00,000 Rs SIP/m

• 12,000 Rs SIP/m

• 48,000 Rs – 52,000 Rs SIP/m

Salman is aiming to build his son’s career as a LAWYER. Number of years to fulfil this goal would be 20YRS. Salman is assuming the EXPECTED RATE OF RETURN @ 12%. Calculate the estimated MONTHLY SIP amount to achieve this goal.

• 6,00,000 Rs /m

• 23,21,811 Rs /m

• 2,524 Rs /m

• 5,123 Rs /m

Saili wish save 10,00,000rs for her new Car in 2034. Help Minal to Select the Present value of Rs 10,00,000. Minal should invest a Lumpsum amount of Rs _____ to achieve 10,00,000 in 2034 expecting the rate of return @ 12%

• 10,00,000 Lumpsum in 2024

• 10,00,000 Lumpsum in 2024

• 2,94,588 Lumpsum in 2024

• 3,21,973 Lumpsum in 2024

Neha wish to update her name in HDFC MF record after her marriage. Choose the correct procedure to help her

• Once the name is fetch from KYC it cannot be modify later

• Neha should update this detail in her KYC documents first

• Website – Click on Login as investor – Update contact Details

• Website – Click on Login as investor – Click on Profile – Click on Update Investor Name

Aswini got her Salary Bonus of Rs 50,000. She wish to gift this amount to her parent as their anniversary gift which is in NEXT WEEK. Aswini is afraid that she might spend it in shopping hence she wish to park this amount in Mutual Funds that she can redeem in next week. Choose a suitable scheme for her.

• HDFC Ultra Short Term Fund

• HDFC Overnight Fund

• HDFC Short Term Debt Fund

• HDFC Money Market Fund

Choose the revised name of Scheme “HDFC Children's Gift Fund” with effect from November 18, 2024

• HDFC Children's Gift Fund

• HDFC Children's Fund

• HDFC Children's Future Fund

• HDFC Gift Fund

Choose the revised name of Scheme “HDFC Index Fund – BSE SENSEX Plan” with effect from November 18, 2024

• HDFC Index Fund SENSEX Plan

• HDFC SENSEX Plan

• HDFC BSE Sensex Index Fund

• HDFC BSE SENSEX Fund

Choose the revised name of Scheme “HDFC Gold Fund” with effect from November 18, 2024

• HDFC Gold ETF Fund of Fund

• HDFC Gold commodity ETF Fund of Fund

• HDFC Gold ETF

• HDFC Gold Fund of Fund

Choose the revised name of Scheme “HDFC Gold Exchange Traded Fund” with effect from November 18, 2024

• HDFC Gold commodity ETF Fund of Fund

• HDFC Gold Fund of Fund

• HDFC Gold Fund

• HDFC Gold ETF

Choose the revised name of Scheme “HDFC Index Fund - Nifty 50 Plan” with effect from November 18, 2024

• HDFC Nifty 50 Index Fund

• HDFC 50- 50 Index Fund

• HDFC Index Fund - Nifty 50 Plan

• HDFC Nifty 50 Plan