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Practice free exam-style questions for Mutual Fund - Specialized Investment Fund Distributors Certification Examination.
Contract value of a future equals:
Heena writes a covered call. The structure is:
Kiran fears falling bond prices (rising yields) on a held gilt. An IRF hedge is to:
Raghav checks issuer limits on a ₹1,000 crore SIF. AAA single-issuer cap before the 5% extension is:
Omkar's client is accredited. The ₹10 lakh SIF minimum:
Sectors for Sector Rotation SIF are drawn from:
Pooja fears falling bond prices (rising yields) on a held gilt. An IRF hedge is to:
Average AUM for the alternate-route CIO is computed over:
Strategy that Gopal distributes: assets ₹26,000,000, liabilities ₹1,000,000, units 1,600,000. NAV:
Tanvi uses a protective put. The structure is:
Raghav has equity-oriented LTCG ₹470,000 after 23 Jul 2024. Tax is:
Carry drill: S=70, r=10%, t=0.5000y. Simple fair future:
An index fund must invest at least 95% in:
Jaya looks at a bond coupon ₹12 price ₹100. Current yield is closest to:
Options sold — SIF exposure is:
Imran asks whether a calendar spread (same stock, different expiries) gets offsetting benefit for SIF limits:
Initial margin on futures is:
Omkar uses a protective put. The structure is:
SIF/MF subscription ₹200,000 at NAV ₹40; stamp duty 0.005%. Units (2 decimals) are:
Jaya checks issuer limits on a ₹1,000 crore SIF. AAA single-issuer cap before the 5% extension is:
Kabir computes Nifty futures value at 25200 with lot 65:
Futures exposure in SIF is computed as:
Yusuf is told SIF debt strategies must redeem daily like liquid funds. That is:
Leela's bond price 100, modified duration 6.5. Yield change -1 pp. Approx new price:
A SIF equity long-short has AUM ₹60 crore. Maximum unhedged short derivative book is:
Aditi fears falling bond prices (rising yields) on a held gilt. An IRF hedge is to:
Tanvi goes long Nifty futures at 25000, exits at 25300, lot 65. P/L is:
A non-accredited investor holds ₹1,000,000 across an AMC's SIF strategies and then transacts ₹0 (positive = invest, negative = redeem) at unchanged NAV. After the deal the holding is ₹1,000,000. Is an active threshold breach avoided?
A Forward Rate Agreement is:
Eshan is told SIF debt strategies must redeem daily like liquid funds. That is:
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