1. Which transaction enables profit booking from a scheme?

2. A “Trigger” in mutual funds allows investors to:

3. Which trigger type activates based on a market index value?

4. What does a stop-loss trigger help investors do?

5. What is a typical consequence of setting a date trigger?

6. What is the purpose of a nomination form in mutual fund investments?

7. How many nominees can be assigned to a folio?

8. What happens if the percentage holding among nominees is not specified?

9. Who is allowed to make a nomination in a mutual fund folio?

10. Can a nomination be made in favor of a trust?

11. How can an investor change or cancel a nomination?

12. What happens to a nomination if the nominee passes away?

13. In the case of dematerialized units, who governs the nomination process?

14. What is required to pledge units as collateral for a loan?

15. What happens to the pledged units during the lien period?

16. How are mutual fund units in dematerialized form settled?

17. What is required to open a demat account?

18. Which of the following is NOT an advantage of holding mutual fund units in demat form?

19. How is a rematerialisation process defined?

20. What is required to change personal information in a mutual fund folio?

21. Which of the following is NOT required for a change in the guardian for a minor’s folio?

22. What happens when a minor becomes a major in a mutual fund folio?

23. How many bank accounts can an individual investor register with a mutual fund?

24. What must be provided to change the default bank account in a folio?

25. What is the process of transferring units after the death of a unit holder called?

26. Who is entitled to receive units after the death of a single unit holder with a nomination?

27. What must a mutual fund receive before transferring units to a nominee?

28. What does nomination in a mutual fund investment NOT create?

29. What must an investor provide if there is no pre-printed name on a canceled cheque?

30. What document is required when requesting a transmission of units?

31. If units are held jointly, who takes precedence in case of death?

32. What happens if a joint holder dies and there is no nominee?

33. What process allows an investor to convert physical mutual fund units into digital form?

34. Who governs the process of redeeming mutual fund units held in demat form?

35. What is the maximum number of nominees allowed in a mutual fund folio?

36. Who operates the investments on behalf of minors, NRIs, and HUFs?

37. What is required when a minor turns major to continue financial transactions?

38. What needs to be done with the PAN card of a minor who turns major?

39. What happens to the demat account of a minor when they become a major?

40. Which document is not required for change in status from minor to major?

41. What happens to SIP, STP, and SWP instructions when a minor attains majority?

42. What must be completed before submitting the MAM form for a minor to major status change?

43. What is the function of a Resident Foreign Currency (RFC) account for NRIs returning to India?

44. What must be done when an NRI returns to India and becomes a Resident Indian?

45. What happens to an NRI’s demat account when they return to India and become a resident?

46. What needs to be done with mutual fund investments when an NRI becomes a Resident Indian?

47. In case of a change in the Karta of an HUF, which document is required?

48. What should an NRI do with their mutual fund investments when returning to India?

49. How long does an AMC have to allot units or refund money after NFO closure?

50. Who attests the signature in the MAM form?

51. Who can no longer undertake financial or non-financial transactions once a minor becomes a major?

52. What document must an NRI submit when converting their NRI status to Resident Indian in mutual funds?

53. What must be done with the demat account of a deceased Karta of an HUF?

54. What happens if a minor-turned-major does not complete their KYC?

55. How long before a minor attains majority do AMCs send reminders to submit the MAM form?

56. Which of the following is required for a minor-turned-major to conduct transactions?

57. What happens to the systematic plans (SIP/SWP/STP) after the minor attains majority?

58. What does AMC do if no MAM form is submitted by the time the minor becomes a major?

59. What is a KYC Acknowledgment?

60. What are the consequences if redemption proceeds are delayed by the AMC?

61. How frequently should AMCs provide a statement of portfolio to investors?

62. What should be done with standing instructions like SIP, SWP, and STP when a minor turns major?

63. What document is required for a returning NRI to open a Resident Rupee Account?

64. What account allows NRIs to retain their overseas earnings after returning to India?

65. What is the role of the new Karta in an HUF after the original Karta passes away?

66. Which of the following types of risk are mentioned in the Scheme Information Document (SID)?

67. What is the primary risk associated with debt securities?

68. Which of the following is a general risk factor in mutual fund investments?

69. What is liquidity risk?

70. What may cause the NAV of a scheme to fluctuate?

71. What does the risk of reinvestment refer to?

72. Which of the following best describes interest rate risk?

73. Which of the following factors does NOT influence the NAV of a mutual fund scheme?

74. What does foreign currency risk refer to?

75. Which risk can be caused by delays in settlement periods in the financial markets?

76. In which asset category is currency risk most prevalent?

77. What might happen to the liquidity of a bond during volatile market conditions?

78. What risk might an investor face if the issuer of a fixed return security defaults?

79. Why might government securities become illiquid?

80. Which risk is associated with adverse changes in the economy affecting investments?

81. How can political risk impact mutual fund investments?

82. Which risk is specifically associated with mutual fund units denominated in INR for foreign investors?

83. What is settlement risk also referred to as?

84. What type of risk may arise from changes in central government policies?

85. Why does the performance of a scheme not guarantee future returns?

86. Which of the following is NOT a standard risk factor?

87. Which risk factor affects money market securities due to lack of a well-developed secondary market?

88. What factor causes government securities to be considered more liquid compared to other debt instruments?

89. How is counterparty risk related to floating rate assets?

90. What risk arises when interest rates decline and the portfolio receives lower returns on reinvestments?

91. What is a major cause of fluctuations in the value of mutual fund units?

92. What risk is related to the inability of the Scheme to sell securities in time?

93. Which of the following would be considered a specific risk factor for foreign securities?

94. Which type of risk can result from an adverse change in the political environment?

95. What may happen to market liquidity during periods of extreme market volatility?

96. What are the two broad categories of risks highlighted in the Scheme Information Document (SID)?

97. Which risk is NOT a standard risk factor for mutual funds?

98. What does liquidity risk refer to in the context of mutual funds?

99. What impact does an increase in interest rates have on fixed-income securities?

100. What is reinvestment risk?