Q1.
Who decides on which scheme to take to the market
Q2.
The offer document for the NFO is prepared by?
Q3.
The offer document prepared for the NFO need not be approved by the Trustee and BOD of the AMC
Q4.
The observations made by SEBI regarding the contents of the offer document need to be incorporated in the offer document
Q5.
The offer document is issued in the market only after the approval of?
Q6.
The _____ decides on a suitable time table for the issue keeping in mind the market situation
Q7.
The advertising and public relations campaigns launched by the AMC must comply with the advertising code set by
Q8.
The date from which the investors can invest in the NFO is called?
Q9.
The date from which investors can offer their units for re-purchase to the scheme is called?
Q10.
Which mutual fund scheme does not have a Scheme reopening date?
Q11.
Under the SEBI guidelines, NFOs other than ELSS can remain open for a maximum of how many days?
Q12.
Closed ended schemes have to reopen for sale/re-purchase within 5 business days of the allotment
Q13.
Which aspects of the scheme are known as the fundamental attributes?
Q14.
AMC cannot bring about a change in the fundamental attributes of the scheme on its own
Q15.
At any point of time the investor cannot claim that he was not aware of something, which is appropriately disclosed in the offer letter
Q16.
That part of the mutual fund offer document which has statutory information about the mutual fund that is offering the scheme is called
Q17.
That part of the mutual fund offer document which has details of the scheme is called
Q18.
With respect to the parts of the mutual fund offer document SAI is a part of SID, in terms of legal technicality
Q19.
SEBI has the power to approve or disapprove the offer document of a mutual fund scheme
Q20.
The offer documents of the mutual fund scheme are vetted by the SEBI though it does not formally approve them.
Q21.
What is known as a summary of SID and SAI?
Q22.
As per SEBI guidelines every mutual fund scheme application must be accompanied by KIM?
Q23.
When should the KIM to be updated?
Q24.
In the table of contents of the offer document, the highlights/summary section contains which information?
Q25.
Investment in mutual funds involves which kinds of risk?
Q26.
Based on which kind of fluctuation of the securities that a scheme invests it, the value of your investment in the scheme may go up or down?
Q27.
Past performance of the AMC/Sponsor/Mutual fund does not guarantee future performance of the scheme
Q28.
The name of the scheme indicates the quality of the scheme, its future prospects and returns
Q29.
The ________ is not responsible or liable for the loss resulting from the operation of the scheme beyond the initial contribution by it towards setting up the fund
Q30.
An open ended scheme needs to have a minimum of how many investors?
Q31.
No single investor of an open ended scheme can account for more than 25% of the corpus of the scheme/plans
Q32.
In the case of close ended schemes and interval schemes, The Scheme(s) and individual Plan(s) shall have a minimum of 20 investors and no single investor shall account for more than 25% of the corpus of the scheme(s)/Plan(s)
Q33.
What options are available to the scheme if the minimum requirement of 20 investors is not fulfilled?
Q34.
In case of non fulfillment of the condition of 25% holding of a single investor on the date of allotment, the application to the extent of exposure in excess of the stipulated 25% limit would be liable to be rejected and the allotment would be effective only to the extent of 25% of the corpus collected.
Q35.
The intermediaries named in the SID & SAI may or may not be registered with SEBI
Q36.
The asset allocation must be consistent with the investment objective of the scheme of mutual fund
Q37.
The scheme shall have an investment policy that requires that, under normal circumstances, at least _____ percent of the value of its total assets be invested in the indicated type of security or industry.
Q38.
If the applicable NAV is Rs.10, exit load is 2% then the redemption price will be?
Q39.
The first account statement under SIP/STP shall be issued within_____ working days of the initial investment/transfer
Q40.
The Asset Management Company shall be liable to pay interest to the unit holders at such rate as may be specified by SEBI for the period of such delay. What is the current rate?
Q41.
Policy of computation of NAV in case of investments in foreign securities shall not be disclosed in the offer document of the mutual fund
Q42.
Application form is attached to
Q43.
Open ended scheme have to reopen for sale/ repurchase within how many days of allotment
Q44.
As per SEBI regulations every application has to be accompanied by which document
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