What are the two main types of mutual fund schemes?

"Growth and Income" "Equity and Debt" "Growth and Dividend" "Large-cap and Mid-cap"

How do growth mutual funds generate returns for investors?

"By paying out regular dividends" "By increasing mutual fund unit values" "By investing in fixed-income securities" "By distributing profits from stock sales"

What happens to dividends in a dividend reinvestment mutual fund?

"They are paid directly to the investor" "They are used to buy more shares of the fund" "They are held by the fund manager until redemption" "They are donated to charitable causes chosen by the fund"

Which type of mutual fund is generally considered more suitable for long-term investors seeking higher returns?

"Dividend mutual funds" "Growth mutual funds" "Liquid funds" "Thematic funds"

How are growth mutual funds taxed?

"Taxed annually on the dividends received" "Taxed on redemption when the investor withdraws money" "Taxed at a flat rate regardless of holding period" "Tax-exempt for all investors"

What is a key advantage of dividend mutual funds?

"They offer the potential for higher long-term returns" "They are completely tax-free" "They provide a regular income stream to investors" "They are less risky than growth mutual funds"