Question : Which of the following is not a type of mutual fund?
Option 1: Equity fund
Option 2: Debt fund
Option 3: Index fund
Option 4: Venture capital fund
Answer (1)
25th Jan, 2024
Correct Answer: Venture capital fund
Solution : The correct answer is (d). Venture capital fund
Venture capital funds are investment vehicles that provide capital to early-stage or high-potential companies with long-term growth potential. These funds typically invest in companies with innovative business models, disruptive technologies, or significant growth prospects. Venture capital funds are not considered a type of mutual fund because they have a different investment objective and investment strategy compared to mutual funds.
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