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WorksheetsMutual Funds and SIP Quiz
Total questions: 20
Worksheet time: 7mins
What does SIP stand for?
Systematic Investment Plan
Savings in Portfolio
Secure Investment Policy
Systematic Income Plan
How often can you invest in a SIP?
Only yearly
Only monthly
Weekly, monthly, or quarterly
Only daily
What does NAV mean?
Net Asset Value
National Asset Value
Net Account Value
Nominal Asset Value
Who regulates mutual funds in India?
RBI
SEBI
IRDAI
NSE
What is the lock-in period for ELSS funds?
1 year
2 years
3 years
5 years
Which type of fund mainly invests in company shares?
Debt fund
Hybrid fund
Equity fund
Index fund
What does AUM stand for?
Assets Under Management
Annual Unit Margin
Average Unit Management
Allocated User Money
SIP helps investors by following which principle?
Compounding
Market timing
Rupee cost averaging
High-risk trading
Which mutual fund type is considered least risky?
Debt fund
Equity fund
Hybrid fund
Index fund
Who manages the mutual fund investments?
Stockbroker
Fund Manager
Investor
SEBI
Which of the following gives tax benefits under Section 80C?
Liquid Fund
ELSS Fund
Balanced Fund
Index Fund
What is the main advantage of SIP?
High short-term returns
Timing the market
Regular disciplined investing
Guaranteed profits
Can SIPs be paused or stopped anytime?
Yes
No
Only after 1 year
Only after 3 years
What does ‘Diversification’ mean?
Investing in one company only
Investing across different assets
Reinvesting profits
Selling mutual fund units
What is the document that contains details about a fund?
Prospectus
Fund Sheet
Offer Document
Scheme Information Document (SID)
What is an investor in a mutual fund called?
Fund Holder
Unit Holder
Account Holder
Shareholder
What does ‘Expense Ratio’ indicate?
Fund’s risk level
Fund manager’s commission
Annual fee charged by the fund
Investment returns
What does SWP stand for?
Systematic Withdrawal Plan
Savings Withdrawal Process
Simple Wealth Plan
Short-term Withdrawal Policy
What is the ideal duration for SIP investing?
1–2 months
6–12 months
Long term (3–5+ years)
Depends on the fund manager
Which factor primarily affects mutual fund returns?
Market performance
Bank interest rates
Investor age
Fund size
