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Worksheets

Avyaya Financial Consultants

Total questions: 14

Worksheet time: 7mins

Name
Class
Date
1.

SIP is a type of mutual fund?

a)

True

b)

False

2.

Which of these benefits can you get from investing in SIPs?

a)
  • Inculcating financial discipline

b)

  • Rupee cost averaging

c)

  • Compounding benefit

d)

  • All of the above

3.

How does SIP investing score over lumpsum investing?

a)
  • Gives you the benefit of compounding

b)
  • Reduces the need to time the market

c)
  • Both of the above

4.

Which of the following is true about quantum of SIP investing?

a)
  • SIP amount each month remains fixed – and cannot be changed

b)
  • SIP amounts can be altered as well as stopped during its tenure

5.

SIP mode of investing is only good for small investors?

a)

True

b)

False

6.

Which of the following statements about timing of SIP investment is true?

a)
  • SIP investments can be made only on specified dates each month

b)
  • SIP investments can be purchased on any day of your choice

c)

  • Same SIP investments can be made on different dates in different months

7.

How do you determine period of holding for SIP investments, for income tax purposes?

a)
  • From the date of the first SIP

b)
  • Individually, from the date of each SIP

c)
  • From the date of the last SIP

8.

Is there any penalty for stopping or pausing your SIPs?

a)

Yes

b)

No

9.

Which of the following instruments can mutual funds scheme invest in?

a)
  • Stocks

b)
  • Corporate Bonds

c)
  • Government Bonds

d)
  • Gold

e)
  • All of the above

10.

A diversified equity fund is one which

a)
  • Invests in one sector

b)

  • Invests in one theme

c)

  • Invests in stocks across various sectors

d)

  • Invests in minimum 30 stocks

11.

SIP is a

a)
  • Method of regular investment

b)
  • Name of a mutual fund

c)
  • Brand of Tea Stock

d)
  • None of these

12.

Does a balanced fund always invest its money in the ratio of 50:50 in equity and fixed income?

a)
  • Yes

b)
  • No

13.

A liquid fund can invest its money in which of the following

a)
  • Central Government securities of around 10 year average maturity.

b)
  • Money market instruments of less than 91 days maturity

c)

  • Corporate bonds / paper of more than 91 days maturity

d)
  • Short term Bank Deposits

14.

A mutual fund with a lower NAV or Net Asset Value is cheaper than one with a higher NAV?

a)
  • True

b)
  • False