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Question 1 reset
The securities that a fund invests in depend upon its Investment objective.
Question 2 reset
Marking to market is the process of valuing the security at Market price.
Question 3 reset
The type of expenses that can be charged to a fund and the limit is decided by SEBI.
Question 4 reset
A mutual fund cannot have Longā€term liabilities on its balance sheet.
Question 5 reset
Mutual funds have lower risks because of
Question 6 reset
Units of a mutual fund have a similar connotation as shares of a company.
Question 7 reset
The unit capital of a fund is the number of (units issued) x (NAV) of the fund.
Question 8 reset
The funds of each scheme are maintained in a separate bank account.
Question 9 reset
The value of a unit cannot go below its face value.
Question 10 reset
FRE is charged to the fund at the end of the financial year.

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