The IFIC Exam comprises of 100 questions, time given is 3 hours and the passing score is 60%.
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7 Aug 2025
IFC Exam Question
Which of the following falls under the duty of the trustee of a mutual fund?
a) Approval of the trust deeds
b) Holding the assets in trust on behalf of its investors
c) Administering the buying and selling of shares in the mutual fund
d) Giving notice to unit holders on any significant changes to the mutual fund
The IFIC Exam comprises of 100 questions, time given is 3 hours and the passing score is 60%.
7 Aug 2025
IFC Exam Question
The total investment risk of a mutual fund is known as the _____________ of return for that fund.
a) volatility
b) absolute excess
c) standard deviation
d) risk-adjusted capital