Equity funds are exempt from long term capital gain tax when investments are held for at least ………… months from the date of acquisition.
A) 6
B) 3
C) 9
D) 12
Correct Answer:
Verified
Q12: NFO stands for_
A)New Funds Offer
B)Net Frauds in
Q13: If Holding Period return are 25% &
Q14: If Holding Period return are 20% &
Q15: Financial year for all mutual fund schemes
Q16: Risk is less in ………………….
A)Equity fund
B)growth fund
C)index
Q18: ……………… funds invest in companies of different
Q19: ………… funds are an extension of sector
Q20: ………… funds use algorithmic, in which computer
Q21: Open-ended funds have to update offer document
Q22: CAS stands for …………………..
A)Combined Account Statement
B)Consolidated Account
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