What is the most prevalent type of mutual fund among investors?

Closed-Ended Funds Interval Funds Open-Ended Funds Exchange-Traded Funds

Where are the units of open-ended mutual funds traded?

Bond Market Stock Exchange Not traded on an exchange Commodities Market

What does NAV stand for in the context of mutual funds?

Net Asset Value Non-Adjustable Value Nominal Asset Valuation Net Annual Yield

Which of the following is a significant advantage of open-ended mutual funds?

Fixed Maturity Period Guaranteed Returns High Liquidity Low Volatility

What investment strategy allows investors to regularly contribute a fixed amount to an open-ended mutual fund?

Lump-sum Investment Dollar-Cost Averaging Systematic Investment Plan (SIP) Value Investing

What factor can significantly influence the NAV of an open-ended mutual fund?

Investor Sentiment Fund Manager's Expertise Performance of Underlying Securities Economic Forecasts

What type of risk is associated with the fluctuating NAV of open-ended funds?

Credit Risk Inflation Risk Market Risk Liquidity Risk

How is the tax treatment of an open-ended mutual fund determined?

Fund Manager's Decision Investor's Tax Bracket Percentage of Debt and Equity Investments Fund's Historical Performance