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Know which level is right for you?
Take this quiz to find out.
1
Compounding means earning further returns on earlier returns (unrealized gains, interest, or dividends) over a period of time.
a.
b.
2
Mutual funds may invest in both equity or debt, based on their investment mandate.
a.
b.
3
Mihir starts investing when he is 23, while his friend Monish begins investing when he is 30. Mihir is better positioned to multiply his investments and accumulate wealth in the long run.
a.
b.
4
You should invest all your money in a single type of mutual fund to get maximum return in your portfolio.
a.
b.
5
The core part of the mutual fund portfolio concentrates on investing in high risk stocks capable of generating very high returns.
a.
b.

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