NISM 5a mock test 4

If a Mutual fund declares a dividend, then the NAV of the Mutual Fund will

The price return index takes into account all dividends generated from the basket of constituents that make up the index, in addition to capital gains. True or false

Can a mutual fund scheme’s benchmark be changed after finalization?

The formula for the Treynor Ratio is

The formula of the Sharpe Ratio is

Systematic risk can be reduced through diversification. State whether True or False.

In Value investment style investor, invests in stocks

Value stocks have high P/E and PEG ratios as compare to Growth Stock. True or false

In the Growth investment style, Investment is done in stocks having

Book Value per Share =

When PEG ratio is  ______, it indicates that the market has fairly valued the company’s shares.

What is the full form of  PEG ratio

P/E ratio is the

The formula for Price to Earnings Ratio (P/E Ratio) is

The formula for Earnings per Share (EPS) is

Small-Cap Stocks are from __________ as per market capitalization.

HUF can invest in a Mutual Fund Scheme. True or False

What is the Maximum Number of bank accounts that a resident individual investor can register with a mutual fund folio?

In case of  SIP/ STP / SWP,  Unit holder should get Statement of Account in _____ Days.

What is the full form of NFO?

Income earned by a mutual fund is exempt from taxes. True or False

_____ %  is the stamp duty applicable on the purchase of Mutual fund Units.

The first Rs. _____ lakhs worth of long-term capital gain from Equity Shares or Equity Mutual Fund is tax-exempt.

What is the formula for  calculating the NAV of a Mutual fund

If an investor invests in the Direct plan of a Mutual Fund scheme, then no commission is paid to the MF distributor.  True or False

In case of debt funds, income from interest is:

Is a fund factsheet a statutory document of a Mutual Fund Scheme?

The risk-o-Meter has to be evaluated on a _____________ basis.

In the Risk-o-meter, which colour indicates Low Risk

A Mutual Fund manager can invest MF money (AUM)  in Day Trading. True or False

Which is the regulatory body for the Mutual Fund industry in India

Mutual fund distributors have to be registered with

Closed-end funds have a fixed maturity date. True or false

Every mutual fund scheme must mention its investment objectives. State whether True or False.

Which of the following assets is the easiest to liquidate?

If inflation increases then the purchasing power of money ___________.

When the interest rate in the economy decreases, the price of existing bonds __  .

 _________________  has to invest 25% in Large Cap, 25% in Mid Cap, 25% in Small Cap.

If the market moves UP, the performance of the Index fund will move up automatically

For the Mutual Fund Investor, what is the best parameter to judge the risk involved in investing in a Mutual Fund?

Which is the correct full form of CRISIL?

Which mutual fund type has the highest volatility?

Which is NOT a factor in determining an investor’s risk profile

Key Information Memorandum ( KIM) is a part of the Statutory documents of the Mutual Fund. True or False

The celebrity can endorse or promote a particular

scheme of Mutual Fund?

Which of these is NOT a benefit of diversification?

The expense ratio of a mutual fund is calculated as:

Which of these is an actively managed equity scheme?

What is the primary objective of a “Contra Fund”?

Which SEBI regulation governs mutual funds in India?

Which fund invests across equity, debt, and gold ETFs?

Which is NOT a permitted investment for mutual funds under SEBI rules?

In mutual fund taxation, what is the treatment for SIP units redeemed within 12 months in an equity fund?

Which fund is most sensitive to interest rate risk?

If a mutual fund invests in foreign securities, which additional risk is introduced?

A systematic withdrawal plan (SWP) in a debt fund for over 36 months attracts:

Which document defines the mutual fund’s investment objective, strategy, and restrictions?

Which entity appoints the mutual fund’s auditor?

Which fund category has no exit load restriction as per SEBI?

Which type of mutual fund portfolio rebalancing ensures constant weights for asset classes?

Which NAV applies for purchase in a debt fund if the application is received

at 3:01 PM?

Which of the following fund category is suitable for an investor with a very low risk appetite?

Which is an open-ended index fund’s main advantage over an ETF?

AMFI is neither a regulatory body nor a Self-Regulatory Organisation (SRO).

Mutual Fund Distributors are registerd with _____________.

The scheme auditor is appointed by _______

The appointment of RTA is done by the ______

The Full form of  RTAs in Mutual Funds is

The Custodian is appointed by the

Day-to-day management of the schemes is handled by an

Which is best suited for a safe investor?  Active Mutual Fund or Passive Mutual Fund.

Focused Fund is an open-ended equity scheme investing in maximum __________.

Actively managed funds are less costly than passive Mutual Funds

The dividend option scheme is now called the IDCW option Scheme.  IDCW stands for

The full form of AUM in a mutual fund is

Investing in Gold ETFs and Gold Sector Funds is same?

Suppose an Indian investor invests in US equities abroad.

If US Dollar becomes stronger.

Which of the following is not an investment risk?

What are the four broad categories of  Asset classes ?

Present value of Goods is Rs. 1000/-. How much money is required to buy the goods after 5 years? If we consider the Future

inflation of 7% each year.

Are saving and investing the same?

While setting Financial Goals, we must consider future inflation.

What is the maximum load that can be charged on redemption by SEBI guidelines?

Which of these is a passive investment strategy?

Which SEBI regulation introduced the categorization and rationalization of mutual fund schemes?

In mutual fund taxation, the base year for indexation is

Which type of fund must invest at least 80% in a particular sector or theme?

If the NAV of a scheme changes from ₹12 to ₹15 in one year,

What will be the return percentage ?

The role of a custodian in a mutual fund is to

A mutual fund cannot invest more than __% of its NAV in securities issued by a single issuer (non-government).

Which of the following best indicates the performance of  Mutual Fund

A “load-free” mutual fund is one where

Which scheme type has a fixed maturity date?

Which return metric assumes reinvestment of dividends

Which is not a feature of an ETF?

What is the minimum percentage of investment in equity for a balanced advantage fund?

Which is the safest category of debt mutual funds?

The AMC must disclose portfolio holdings for debt schemes

Which instrument is not allowed for mutual fund investment in India?

Sortino Ratio shows the ______ of Mutual Fund.