SIP and SWP_Quiz-3

If you invested $10,000 in a mutual fund at a NAV of $10, how many units did you purchase?

• 100 units
  

• 1,000 units

• 10,000 units

• 1 unit

Is it possible to redeem mutual fund units through an online portal?

• YES

• NO

Does redeeming mutual funds before a specified period usually incur an exit load?

• NO

• Yes

Is reshuffling a mutual fund portfolio advisable when financial goals change?

• YES

• NO

Does market volatility influence the timing of mutual fund redemption?

• YES

• NO

Can investors redeem units from close-ended funds before the lock-in period ends?

• NO

• YES

Should frequent reshuffling of mutual fund portfolios be avoided?

• No

• Yes