Question

    Which of the following is not a term related to mutual

    funds?
    A Net Asset Value (NAV) Correct Answer Incorrect Answer
    B Systematic Investment Plan (SIP) Correct Answer Incorrect Answer
    C Expense Ratio Correct Answer Incorrect Answer
    D Moratorium Period Correct Answer Incorrect Answer
    E Asset Under Management (AUM) Correct Answer Incorrect Answer

    Solution

    The term "Moratorium Period" is not related to mutual funds. It is generally used in the context of loans and refers to a period during which repayment is not required. • Mutual Fund Terms: o Net Asset Value (NAV): The per-unit price of a mutual fund. o Systematic Investment Plan (SIP): A method of investing regularly in mutual funds. o Expense Ratio: The percentage of fund assets used for management expenses. o Asset Under Management (AUM): The total market value of all assets managed by the fund.

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