Multiple choice

An unmarried professional working in HLL wanted to invest in mutual fund. Which type of scheme should he invest in?

  1. 80% debt scheme

  2. 50% equity and 50% income and liquid scheme

  3. 90% in high P/E ratio funds in the market

  4. Balanced fund
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Unmarried professionals would like to earn high profits and would be willing to take more risk. So, they choose the investment with higher profit-earnings ratio, i.e. 90% in high P/E ratio funds in the market.

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