Is a DEMAT account mandatory for investing in Mutual Funds? Option: No, but only for short-term investments, Yes, it is mandatory for all Mutual Fund investments, Yes, but only for long-term investments, No, it is not mandatory

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Is a DEMAT account mandatory for investing in Mutual Funds?

No, but only for short-term investments

Yes, it is mandatory for all Mutual Fund investments

Yes, but only for long-term investments

No, it is not mandatory

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Which investment option requires a DEMAT account?

"Index Funds"

"Both Index Funds and ETFs"

"Neither Index Funds nor ETFs"

"ETFs"

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Is it necessary to be a skilled expert to invest in Mutual Funds?

No, even amateurs can invest

Yes, expertise is mandatory

Expertise is required only for equity funds

Expertise is required only for debt funds

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What is a major advantage of investing in Mutual Funds?

"They are only available to high net worth individuals"

"They offer guaranteed returns"

"They are completely risk-free"

"They require no active management from the investor"

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Do Mutual Funds invest solely in equity markets?

They invest only in government securities

Yes, they invest exclusively in equity

No, they also invest in debt instruments

They invest only in real estate

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Which of the following is NOT a way to invest in ELSS funds?

Through Online Mutual Fund Investment Platforms

Through an existing demat account

Through an agent

Through a bank loan