1. What is the maximum allocation to equity instruments in a Conservative Hybrid Fund?

2. Which scheme focuses on arbitrage opportunities?

3. Which scheme type has a statutory lock-in of 5 years or till retirement?

4. What is the minimum investment in equity and equity-related instruments in an Equity Savings Fund?

5. What is the minimum lock-in period for a Children’s Fund?

6. The minimum investment in securities of a particular index for Index Funds must be:

7. Fund of Funds invest in which type of underlying funds?

8. Real Estate Mutual Funds must hold a minimum of how much of the portfolio in physical assets?

9. What is the minimum percentage of net assets in real estate assets for Real Estate Mutual Funds?

10. Infrastructure Debt Funds can invest up to what percentage of their assets in debt securities of infrastructure companies?

11. Which is not a strategy for ESG Investing?

12. Which of the following is an infrastructure investment instrument allowed by SEBI?

13. The minimum value of proposed assets for an Infrastructure Investment Trust (InvIT) is:

14. In ESG investments, which of the following is a strategy used?

15. Which type of hybrid fund invests in both equity and debt instruments without arbitrage?

16. Which of the following has the lowest equity exposure?

17. What is the primary focus of Capital Protection Oriented Funds?

18. REITs invest primarily in which of the following?

19. InvITs focus primarily on which sector?

20. The minimum subscription size for a REIT initial offer is now set at:

21. Infrastructure Debt Funds can be sponsored by which of the following?

22. The minimum lock-in period for a Real Estate Mutual Fund is:

23. A Dynamic Bond Fund invests in:

24. Capital Protection Oriented Funds invest a portion of their assets in:

25. Which of the following invests primarily in infrastructure debt securities?

26. What type of fund is an extension of index or Exchange Traded Funds (ETFs)?

27. What is the main idea behind Smart Beta funds?

28. Which of the following is a feature of Quant Funds?

29. Quant funds use which of the following to make buy/sell decisions?

30. International REITs funds provide exposure to which sector?

31. What is a benefit of International REITs funds?

32. What was the AUM of Indian mutual funds in June 2023?

33. What was the growth rate of mutual funds in India between 2013 and 2023?

34. How many mutual fund folios existed in March 2010?

35. By June 2023, how many mutual fund folios were there?

36. What was the share of mutual funds in financial investments in March 2018?

37. How did the share of bank deposits change between March 2016 and March 2018?

38. What was the global share of the Indian mutual fund industry in 2018?

39. When did the number of SIP accounts in India cross the 1 crore mark?

40. How many SIP accounts were there in India by June 2023?

41. Smart Beta funds aim to reduce risk by:

42. Quant funds remove which element from decision-making?

43. International REITs funds invest in:

44. What was the AUM of Indian mutual funds in June 2013?

45. What was the growth in mutual fund folios from March 2010 to June 2023?

46. Which factor contributed to the rise of mutual funds in India between 2013-2023?

47. What is the purpose of Smart Beta strategies in mutual funds?

48. Under SEBI regulations, what form must a mutual fund take in India?

49. By what percentage has the Indian mutual fund industry’s global share grown between 2008 and 2018?

50. Which type of fund uses past data analysis to create pre-determined models?

51. Which of the following trends was seen in India between 2013 and 2023?

52. SIP accounts in India have grown from 1 crore in 2016 to how many in June 2023?

53. Which of the following aims to reduce risk in Smart Beta Funds?

54. By March 2018, what was the share of mutual funds in overall financial investments in India?

55. What is the role of a mutual fund’s Asset Management Company (AMC)?

56. What is the primary focus of an International REITs fund?

57. What differentiates Quant Funds from traditional funds?

58. Who creates the mutual fund trust in India?

59. How does SEBI (Mutual Fund) Regulations, 1996 define a mutual fund?

60. Who are the beneficiaries of a mutual fund trust?

61. What document governs the operations of the mutual fund trust?

62. What role do trustees play in a mutual fund?

63. Who appoints the Asset Management Company (AMC)?

64. What is the role of the Custodian in a mutual fund?

65. Who is responsible for keeping records of investors and their holdings?

66. What criteria must sponsors meet to register a mutual fund with SEBI?

67. What is the minimum net annual profit that a sponsor must have made in the last five years to be eligible?

68. Who must appoint trustees for a mutual fund?

69. How many trustees must a mutual fund have at a minimum?

70. If a trustee company is appointed, what proportion of its board must be independent trustees?

71. What is the role of trustees in terms of legal compliance?

72. What action must trustees take if they believe the AMC is conducting business contrary to regulations?

73. How often must trustees review the transactions of the mutual fund with the AMC?

74. What is the purpose of the Investment Management Agreement between trustees and the AMC?

75. Who holds custody of the assets in a mutual fund scheme?

76. What must trustees do to protect the interests of unitholders in AMC dealings with associates or brokers?

77. How often must trustees file reports to SEBI?

78. Trustees are required to review the net worth of the AMC on a __________ basis.

79. What must trustees review regularly regarding investor complaints?

80. Trustees are required to ensure that changes to scheme attributes or fees:

81. What kind of person cannot be appointed as a trustee?

82. Who needs to approve the appointment of trustees in a mutual fund?

83. What is the maximum number of mutual funds for which a trustee can serve?

84. Who must trustees report to on the management of the trust property?

85. How frequently must trustees review custody arrangements?

86. What is a mutual fund established as, under SEBI regulations?

87. Which act governs the mutual funds constituted as trusts in India?

88. Who creates a mutual fund trust?

89. Who are the beneficiaries in a mutual fund trust?

90. Who appoints the Asset Management Company (AMC)?

91. What is the minimum required net worth for an AMC starting from January 01, 2024?

92. What percentage of AMC directors should be independent?

93. Who holds the assets of a mutual fund scheme?

94. Who settles the transactions on behalf of mutual fund schemes?

95. Who tracks corporate actions like dividends, bonuses, and rights issues in mutual funds?

96. Which department in an AMC is responsible for resolving investor queries?

97. Which function ensures legal compliance in an AMC?

98. Which team within the AMC manages investor records and processes transactions like purchases and redemptions?

99. What is the main responsibility of fund managers in an AMC?

100. What team places orders with securities brokers in an AMC?