What is the minimum investment amount required to start investing in Mutual Funds through SIPs?
Rs. 1000
Rs. 500
Rs. 100
Rs. 10,000
Qn. 1 / 10
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Is a DEMAT account mandatory for investing in Mutual Funds?
Yes, it is mandatory for all Mutual Fund investments
Yes, but only for long-term investments
No, it is not mandatory
No, but only for short-term investments
Qn. 2 / 10
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How many times is KYC (Know Your Customer) required for Mutual Fund investments?
Every time you invest in a new fund
Once a year
Only for first-time investors
Once, as a one-time requirement
Qn. 3 / 10
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Are returns guaranteed when investing in Mutual Funds?
Yes, returns are guaranteed
No, returns are not guaranteed
Returns are guaranteed only for long-term investments
Returns are guaranteed only for debt funds
Qn. 4 / 10
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What are the different investment durations available for Mutual Funds?
Long-term only
Short-term and long-term only
Short-term, medium-term, and long-term
Medium-term and long-term only
Qn. 5 / 10
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Do Mutual Funds invest solely in equity markets?
Yes, they invest exclusively in equity
No, they also invest in debt instruments
They invest only in government securities
They invest only in real estate
Qn. 6 / 10
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Is financial planning a one-time activity?
Yes, once done, it lasts forever
No, it requires regular review and adjustments
It depends on the individual's financial goals
It is only necessary for high-net-worth individuals
Qn. 7 / 10
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Is it necessary to be a skilled expert to invest in Mutual Funds?
Yes, expertise is mandatory
No, even amateurs can invest
Expertise is required only for equity funds
Expertise is required only for debt funds
Qn. 8 / 10
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What is the primary benefit of investing in Mutual Funds?
Guaranteed high returns
Tax exemption on all investments
Professional management by fund managers
Elimination of market risk
Qn. 9 / 10
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What is one of the most significant advantages of starting investments at a young age?
Lower tax implications
Access to exclusive investment opportunities
Time to recover from market fluctuations
Guaranteed higher returns
Qn. 10 / 10
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