Question

Which of the following is not a feature of mutual funds?

Select one:

a. The profit or losses are shared by the investors in proportion to their investments

b. The mutual funds normally come out with a number of schemes with different investment objectives which are launched from time to time

c. Mutual fund issues units to the investors in accordance with quantum of money invested by them. Investors of mutual funds are known as fund holders

d. A mutual fund is required to be regulated by RMA, if exist​

Answer 1

Answer:

Professional Management – Mutual Funds are managed by qualified experienced professionals who works towards fulfillment of investment objective of the fund.

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Answer 2

(D) A Mutual fund is required to be regulated by our RAM, if exist

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