1. The criteria applicable for calculation of NAV of a scheme portfolio having equity share of HDFC bank will be -

2. A non traded or thinly traded equity instrument can not be valued using the capitalisation of earnings method

3. Uniform valuation by all AMCs is to be ensured in respect of fixed income securities over 60 days:

4. Any Mutual Fund scheme having _______percentage of its total portfolio in equity securities is referred to as equity fund for the purpose of Taxation:

5. Unitholders of a debt scheme receiving dividends are supposed to pay dividend distribution tax.

6. What tax rate is applicable for equity fund less than 12 months?

7. DDT stands for

8. What tax slab is applicable on the dividend received by a mutual fund investor-

9. All Money market and Debt Instruments with residual maturity up to 60 days shall be valued at the weighted average price on the valuation date.

10. When money market instruments and debt securities with residual maturity of up to 60 days are not traded on a particular day, they shall be valued on __________.

11. Capital Gain can be defined as

12. All funds other than equity funds are treated as debt fund for the purpose of taxation.

13. What does STT stand for?

14. Which of the following statement is correct?

15. Which of the following expenses can be charged to the scheme?

16. According to current tax provisions, Capital Loss, whether long term or short term , can not be set off against any other head of Income.

17. For Debt Schemes, a unit holding period of less than 12 months is called short term and unit holding period of 12 months and above is called long term. True or False?

18. The difference between the NAV and the Re-purchase price is termed as

19. Maximum annual limit specified by SEBI for recurring expenses of a debt scheme with a daily net asset of Rs. 600 crores will be:

20. For calculation of distributable reserve for dividend distribution, following will not be considered:

21. A traded security shall be valued at the last quoted closing price on the principle stock exchange where it is traded.

22. Calculate the Net Assets of a Fund if the market value of portfolio is Rs.1000 crores and the current liabilities are Rs 50 crores?

23. While calculating profits, all the expenses that relate to a period need to be considered, irrespective of whether or not the expense has been paid. This principal is referred to as?

24. Mark to Market would mean that:

25. A non traded or thinly traded  equity instrument can not be valued using the capitalisation of earnings method

26. Illiquid securities exceeding 15% of total assets are to be valued at _____value :

27. If there is no entry load, sale price of MF Units will be_________ the NAV of the scheme:

28. Fund Accounting Fees is_________ to the scheme:

29. Accounts and Auditors of the MF scheme and those of the AMC have to be the same:

30. Debt schemes paying dividends to its unitholders are liable to pay Dividend Distribution Tax

31. An investor has 1000 units of a scheme which declares a 1: 2 bonus. The NAV Ex Bonus becomes Rs 30. How much does the investor has to pay to get the additional units as per the allotment due to him?

32. Recurring Expenses can not be charged to the scheme since it drags down the NAV of the scheme unit:

33. Initial Issue expenses of any Mutual Fund Scheme are

34. NPA stands for

35. If an investor redeems 1 unit out of total 100 units when NAV is Rs. 15 and units are redeemed at face value of Rs. 10, the post redemption NAV will be Rs. .................

36. Change in the value of NAV is --------------------- .

37. What would be the redemption value of a Unit if NAV is Rs 20 and Exit load is 1%.

38. Which statement is correct -

39. Indexation refers to adjusting the purchase price of the fund considering the Inflation.

40. In case of repurchase by a unit holder, the final redemption price is

41. A scheme can distribute dividend on its realised profit.