What is the market capitalization range for companies considered Mid Cap according to the Securities and Exchange Board of India (SEBI)?

"Rs 100 crore to Rs 500 crore" "Rs 500 crore to Rs 1000 crore" "Rs 1000 crore to Rs 5000 crore" "Rs 5000 crore to Rs 20000 crore"

What is a key characteristic of Mid Cap companies that makes them attractive to investors?

"They are well-established and pay consistent dividends" "They are often in a growth phase and have the potential to become large-cap companies" "They are less volatile than large-cap companies" "They are primarily focused on value investing strategies"

What is the recommended investment horizon for Mid Cap Mutual Funds to potentially achieve favorable returns?

"1-2 years" "3-5 years" "8-10 years" "15-20 years"

What is the maximum expense ratio allowed for mutual funds as per SEBI's mandate?

"1.00%" "1.50%" "2.00%" "2.50%"

Which of the following is NOT a factor to consider when evaluating a Mid Cap Mutual Fund?

"The fund manager's track record" "The fund house's overall performance and investment strategy" "The fund's expense ratio" "The fund's specific holdings of individual stocks"

What type of investor might find Mid Cap Mutual Funds particularly suitable?

"Investors nearing retirement" "Investors seeking low-risk investments" "Young investors with a long-term investment horizon" "Investors primarily interested in income generation"

How do Mid Cap Mutual Funds compare to Large Cap Mutual Funds in terms of risk and return?

"Mid Cap funds are generally lower risk and lower return" "Mid Cap funds are generally higher risk and higher return" "Mid Cap funds are generally lower risk but higher return" "Mid Cap funds are generally higher risk but lower return"

What is a Systematic Investment Plan (SIP)?

"A one-time investment in a mutual fund" "A strategy of investing a fixed amount at regular intervals" "A type of high-risk, high-return mutual fund" "A method of investing in only large-cap companies"

What is the tax rate for long-term capital gains (LTCG) on Mid Cap Mutual Funds held for more than one year?

"0% up to Rs. 1 lakh, then 10%" "10% regardless of the amount" "15% regardless of the amount" "20% regardless of the amount"