Which of the following is not a benefit of investing in mutual funds? *
1.Transaction Cost
2.Professional Management
3.Diversification
4.None of these
Answers
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2
Answer:
Professional Management
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0
Answer:
Transaction cost is not a benefit of investing in Mutual Funds
Explanation:
Benefits of investing in Mutual funds include
- Diversification
- Professional money management
- Economies of scale
- Transparency
- Liquidity
Transaction cost- A transaction fee of Rs. 150 for new investors and Rs. 100 for existing investors, can be charged on investments worth Rs. 10,000 and above
Thus transaction cost doesnt work as an advantage while investing in Mutual funds.
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