Steps to Invest in Mutual Funds_Quiz-2

What happens if you invest after the cut-off time?

• You get tomorrow's price

• You get today's price

What is the usual cut-off time for most mutual funds?

• 12 PM

• 5 PM

• 4 PM

• 3 PM

Is “index fund” the same as “passive fund”?

• YES

• NO

Why is the cut-off time important in mutual fund?

• It determines the minimum investment amount.
• It sets the maximum number of transactions allowed.
• It indicates the fund manager's performance rating.
• It affects the NAV at which transactions are processed.

Online portals are also called “robo-advisors”?

• True

• False

AMC stands for ?

• American Movie Company
• Asset Management Company

• Annual Management Fee

• None of these

Distributors help investors in exploring various investment options, evaluating risk tolerance, documentation, etc, ?

• True

• False

A mutual fund broker is a person/entity who is permitted to sell mutual fund schemes. True or False?

• True

• False