NISM 5B Mutual Fund Foundation Certification Exam Notes

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  • Emotional Attachment: Emotional decisions can lead to suboptimal investment choices.
  • Investment Simplicity: Mutual funds simplify investing by handling account management and diversification.
  • Return Uncertainty: Ownership assets like equity have uncertain returns compared to debt.
  • Tax Deduction Impact: Tax deductions increase effective returns by lowering taxable income.
  • Asset Class Characteristics: Each asset class has unique features affecting suitability for investors.

NISM 5B Mutual Fund Foundation

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