Economics · Financial Markets
What is an Index Fund?
- 1Funds with state governments to provide relief to farmers in natural calamities
- 2Emergency funds set up by the Government of India during natural disasters
- 3A mutual fund that invests in stocks mimicking the composition of a specific market index✓
- 4Capital market funds reserved exclusively for developing industrial infrastructure
Correct answer
A mutual fund that invests in stocks mimicking the composition of a specific market index
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