StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

Advantages of mutual funds for investors are __________.

  1. Reduction in transaction cost
  2. Liquidity
  3. Convenience and flexibility
  4. All of the above

Correct answer: All of the above

Solution

Mutual funds help reduce transaction costs by pooling money, offer liquidity through easy redemption, and provide convenience and flexibility in investment choices. Since all three statements are true, the correct option is all of the above.

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