What percentage of India's GDP does the mutual fund industry currently account for?

30-35% 10% 20% 5%

Which of the following is a common misconception about investing in mutual funds?

Mutual funds are only for experienced investors. Mutual funds require a large initial investment. Mutual funds primarily invest in equities. All of the above

What is the minimum amount required to start investing in a mutual fund through a SIP?

Rs. 500 Rs. 1000 Rs. 5000 There is no minimum amount

What is a key advantage of investing in mutual funds through a SIP?

Guaranteed high returns Eliminates market risk Spreads out investment risk over time Provides tax-free income

What should investors consider when evaluating a mutual fund, besides its star rating?

Management track record Risk and volatility Past performance All of the above