Economics · Mutual Funds
Which of the following statements is correct regarding an Equity Mutual Fund scheme?
- 1It assures an absolute growth in capital value regardless of market conditions.
- 2It allocates capital equally between fixed-income debt and shares.
- 3It invests primarily in shares and stocks of companies.✓
- 4It provides fixed and guaranteed returns to investors.
Correct answer
It invests primarily in shares and stocks of companies.
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