Multiple choice

Which of the following is not a relevant criterion to select an equity fund?

  1. Percentage of cash in portfolio

  2. Concentration of portfolio

  3. Market capitalization of the fund

  4. The interest rate environment

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

When selecting equity funds, relevant criteria include portfolio cash percentage, concentration levels, and market capitalization. The interest rate environment primarily affects debt funds and is not a direct consideration for equity fund selection, making it the irrelevant criterion.