What is the maximum maturity period for investments in Liquid Mutual Funds as per SEBI guidelines?

45 days 91 days 180 days 365 days

Which of the following is NOT a characteristic of Liquid Funds?

No Entry and Exit Load Variable Minimum Investment Low-Interest Rate Risk Fixed Maturity Period

What is the primary objective of a Liquid Mutual Fund?

High Growth Potential Long-Term Capital Appreciation Capital Protection and Liquidity Tax Saving

How are short-term capital gains from Liquid Funds taxed in India?

Tax-free At a flat rate of 10% According to the investor's income tax slab rate At a rate of 20%

What is the key advantage of Liquid Funds over Fixed Deposits?

Higher Interest Rates Guaranteed Returns Flexibility and No Lock-in Period Tax Benefits