Top 150+ Solved Mutual Fund Management MCQ Questions Answer

Q. An equity shares is considered non-traded if it is not traded for over _______ days.

a. 15

b. 20

c. 25

d. 30

Q. Valuation of debt instrument with less than 182 days to maturity is done on _______ basis.

a. Accrual

b. Cash

c. Real

d. None of the above

Q. Illiquid securities should not exceed _________% of the net assets.

a. 5

b. 7

c. 10

d. 15

Q. For an index fund, Ex-Marks will be ________%.

a. 50

b. 70

c. 90

d. 100

Q. If fund is assuming higher risk than the market index, its beta will be ________.

a. Greater than 1

b. Less than 1

c. Equal to 1

d. Equal to 2

Q. Graham’s strategy recommends ________% holding in debt funds and 50% holding in equity funds.

a. 50

b. 75

c. 40

d. 60

Q. Expenses ratio is very important for _____.

a. Debt fund

b. Index fund

c. Equity fund

d. Currency fund

Q. According to Bogle an investor’s exposure to debt investment should be equal to his ___.

a. Sex

b. Age

c. Income

d. Cast

Q. Higher expenses ratios lead to _______.

a. Yield sacrifices

b. Profit

c. Income

d. Wealth

Q. Closed ended funds were usually trading at _________ to NAV

a. Par

b. Premium

c. Discount

d. Free

Q. If a single unit holder holds more than _________ of net assets , the number ofSuch unit holders and their percentage holding in the net assets have to be disclosed.

a. 10 %

b. 15 %

c. 20 %

d. 25%

Q. If opening units 10,000 Units subscribe 3000, Units redeem 1000 then Closing units?

a. 10,000 units

b. 13,000 units

c. 12,000 units

d. 14,000 units

Q. If opening units 25,000 ,Units subscribe 7000, Units redeem 2000 then Closing units?

a. 30,000 units

b. 25,000 units

c. 32,000 units

d. 44,000 units

Q. If opening units 1,25,000 Units subscribe 2,00,000, Units redeem 50,000 then Closing units?

a. 3,25,000 units

b. 2,75,000 units

c. 3,75,000 units

d. 2,50,000 units

Q. NAV stands for

a. Net Application Value

b. Notional Assets Value

c. Net Assets Value

d. Net Assets