Question

77. Pre-planned investment in mutual fund is
possible through
a) One time investment
b) Occasional investment
c) SIP
d) Price changes
​

Answer 1

Answer:

b) Occasional investment

I think this is correct answer may be

Answer 2

The pre-planned investments in mutual funds are called SIP.

• One-time investments: one-time investments in mutual funds are the deposit of a large amount of money in a specific fund for a fixed period. Here the investor can invest huge amounts of money that will give good returns if given under mutual funds with higher return rates. the money is deposited at the rates at present and hence, the charge at which all of the units of the funds in bought remains constant.
• Occasional investment: this type of investment marks the rare investment that the buyer of funds puts in for a comparatively less amount of money and a specific period. The risk factor here is less and hence the returns are also less the higher one deposits form.
• SIP: SIP or systematic investment plan is the type of investment in which the buyer of the funds pre-plans his investment as a result of which fixed amounts of funds are bought or investments are made in a fixed interval of time for a specific period.

Hence, option (c) SIP is the correct answer.