What is the term for the annual fee charged by mutual funds to cover their operating costs?

Management Fee Expense Ratio Entry Load Exit Load

What kind of relationship exists between the size of a mutual fund and its expense ratio?

Direct Indirect Inverse No relationship

Which of the following is NOT a component of a mutual fund's expense ratio?

Management Fees Brokerage Fees Stock Dividends 12B-1 Fee

What type of mutual fund plan incurs brokerage fees as part of its expense ratio?

Direct Plans Regular Plans Index Funds Hedge Funds

How do expense ratios impact the returns received by mutual fund investors?

They increase returns They have no impact on returns They reduce returns They stabilize returns

What is the maximum expense ratio allowed by SEBI for the first Rs. 100 Crore of a mutual fund's portfolio value?

1.5% 2% 2.25% 2.5%