Economics · Financial Markets and Mutual Funds
Match the types of mutual funds in List-I with their features in List-II and select the correct answer using the codes given below: List-I (Types of Fund) (a) Open-ended Fund (b) Income Fund (c) Close-ended Fund (d) Growth Fund List-II (Features) (i) Maximises short-term return to investment (ii) Can sell an unlimited number of units (iii) The units are traded and may not be redeemable at NAV directly from the fund (iv) Maximises long-term capital appreciation for investors
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(a) - (ii), (b) - (i), (c) - (iii), (d) - (iv)✓
- 2(a) - (ii), (b) - (i), (c) - (iv), (d) - (iii)
- 3(a) - (iii), (b) - (iv), (c) - (i), (d) - (ii)
- 4(a) - (iii), (b) - (iv), (c) - (ii), (d) - (i)
Correct answer
(a) - (ii), (b) - (i), (c) - (iii), (d) - (iv)
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