What type of mutual funds are Income Funds classified as in India?

"Equity Funds" "Debt Funds" "Hybrid Funds" "Index Funds"

What is the minimum Macaulay Duration for a debt fund to be categorized as an Income Fund by SEBI?

"1 year" "2 years" "3 years" "4 years"

Which of the following is NOT a primary investment objective of Income Funds?

"Generating interest income" "Earning gains from selling debt instruments" "Providing high liquidity" "Offering returns regardless of interest rate fluctuations"

What type of investor would typically find Income Funds suitable?

"High-risk tolerant investors seeking maximum capital appreciation" "Investors with a short-term investment horizon" "Conservative investors with a moderate risk tolerance" "Speculative investors looking for quick returns"

What is the maximum expense ratio allowed for Income Funds by SEBI?

"1.50%" "2.25%" "3.00%" "3.75%"

Which of the following risks are associated with Income Funds?

"Credit risk and market risk" "Interest rate risk and inflation risk" "Credit risk and interest rate risk" "Liquidity risk and operational risk"

What is the typical return range expected from Income Funds in a falling interest rate scenario?

"3-5%" "5-7%" "7-9%" "9-11%"

How are long-term capital gains (LTCG) from Income Funds taxed in India?

"Taxed at 10% without indexation" "Taxed at 15% with indexation" "Taxed at 20% with indexation" "Taxed as per the individual's income tax slab"