13. Of the following fund types,the highest risk is associated with
(A) Balanced Funds (B) Gift Funds (C) Equity Growth Funds (D) Debt Funds
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Answer:
debt funds
Explanation:
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Answer:
Option (D) Debt Funds is your answer.
Explanation:
Credit Fund is a Mutual Fund program that invests in fixed income instruments, such as business and government bonds, corporate debt securities, and financial market tools etc. provide financial information. Debt funds are also called Fixed Pay Funds or Bonds.
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