MFL404 (2)

Rewards given by a company to shareholders are called?

• Capital

• Stocks

• Dividends

• None of the above

If the fund sells securities that have increased in price, the fund has a capital gain. True or False?

• True

• False

For taxation purposes, mutual funds are classified into two categories: equity and debt-oriented mutual funds. True or False?

• True

• False

Dividend is not taxable.

• True

• False

The greater your holding period, the less tax you’ll pay. True or False?

• True

• False

NFO & IPO are one and the same.

• True

• False

Which of the following is not to be considered while investing in NFO?

• fund house repitation

• nfo launch date

• fund objectives

• cost of investment