Test your understanding of this topic
Q1.
Over a life cycle an investor will have different financial needs that need to be catered to differently.
Q2.
Life cycle mutual funds products have been developed in order to give investors peace of mind along with returns.
Q3.
A target date 2020 fund, relative to a target date 2030 fund, will have more allocation to
Q4.
Life stage funds are a sub-set of life cycle funds
Q5.
Financial literacy among the Indian literate class is