NSIM Chapter 4 10%

Which of the following regulates mutual funds in India?

• Securities & Exchange Board of India
• Association of Mutual Funds in India
• Asset Management Companies
• Board of Trustees of Mutual Funds

Investors have the right to specify upto nominees for their mutual fund investment folios?

• Zero
• Three
• Two
• One

Which of the following statements is True with respect to celebrity endorsement for mutual funds?

• SEBI has permitted celebrity endorsements for promotion of individual mutual fund schemes
• SEBI has permitted celebrity endorsements at industry level for the purpose of increasing the awareness of mutual funds
• Celebrities can endorse only NFOS
• Celebrities can endorse only on-going mutual fund schemes

Mutual funds can buy and sell securities only on delivery basis. State whether this statement is True or False.

• True
• False

Unit holders have right to inspect which of the following documents?

• Trust deed
• RTA Agreement
• Article of Association
• All of the above

AMFI is neither a regulatory body nor a Self- Regulatory Organisation (SRO). State whether it is True or False.

• True
• False

What is the prescribed percent of unit holders required for termination of an AMC?

• 0.75
• 0.6
• 0.8
• 0.65

Which among the following is not the right of an investor in mutual fund?

• Right to beneficial ownership
• Right to pledge mutual fund units
• Right to safety
• Right to change the distributor

What minimum percentage of the mutual fund scheme corpus must be invested in equity and related instruments in the case of Equity Linked Savings Schemes (ELSS)?

• 0.65
• 0.7
• 0.8
• 1

AGNI (AMFI Guidelines & Norms for Intermediaries) is

• Code of conduct for intermediaries
• Rules and Regulations
• Terms and conditions
• None of the above