Which of the following is NOT a way to invest in ELSS funds? Option: Through an existing demat account, Through a bank loan, Through an agent, Through Online Mutual Fund Investment Platforms

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

Through an existing demat account

Through a bank loan

Through an agent

Through Online Mutual Fund Investment Platforms

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How do ELSS funds compare to other tax-saving investment options in terms of returns?

ELSS funds and other options offer similar returns

ELSS funds generally offer higher returns

Returns are unpredictable for both ELSS and other options

ELSS funds generally offer lower returns

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What is a key consideration for investors before investing in ELSS?

"The specific sectors the ELSS is invested in"

"The lock-in period of the scheme"

"The fund manager's reputation"

"The past performance of the ELSS scheme"

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Which investment option requires a DEMAT account?

"Index Funds"

"ETFs"

"Both Index Funds and ETFs"

"Neither Index Funds nor ETFs"

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Is a DEMAT account mandatory for investing in Mutual Funds?

Yes, it is mandatory for all Mutual Fund investments

Yes, but only for long-term investments

No, but only for short-term investments

No, it is not mandatory

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Which type of equity fund focuses on investing in a specific sector of the market?

"Focused Equity Funds"

"ELSS Funds"

"Sectoral Funds"

"Thematic Funds"