(OVER) [Financial Year 24-25 Contest] Comment and Win Amazon Gift Cards and Prime Vouchers

No offense, but the questions are pretty dumb.

7 - UTI Mutual Fund

8- Contra Mutual Funds Equity Contra Funds: High-Risk, High-Reward Investment Strategy (etmoney.com)

best for today time where risk involved as market is at all time high , election also near , but it does not means to end investing contra funds save 20-40% in case market fall our loss will be 20-30% less compared to other equity or sectoral funds

7. UTI

8. Nifty 50 index fund with least error

Reason - long term growth relatively less risky

Q7: Unit Scheme 1964 (US '64) was the first scheme launched by UTI.

Q8: According me every mutual fund is best mutual fund. But they are best for different needs and different time periods. Every fund type is created to fulfil a specific purpose.

Like if someone wants to keep small amount for very short term then liquid fund is best.

If someone wnats to invest for long period and get very high return, then equity fund is good

for medium term investment and for reserving the capital, most of the debt funds are good

7) UTI

8) PPFAS value investing done best. Conservative management and experience in market.

Q7. UTI mutual fund

Q8. Best mutual fund according to me will be any NIFTY index fund which tracks NIfty 50. The top mutual funds keep on changing every year and are dependant on fund manager performance. For a long term perspective NIfty index funds will give good returns as the stock markets top 50 stocks will always be present in it. 

5. UTI

6 Nifty 50

7 - Who did launch first Mutual fund scheme in India ?

Ans: UTI

8 - Which is the best Mutual Funds according to you ? and why ?

Ans: Nifty 50 Index funds for long term investment

Questions for Day 2 (10th April 2024) Session 2 are as under :-

Q 9 --  What is GDP?

Q. 10 - Have u invested in Gold other than physical form.? Do you know about Sovereign Gold Bonds (SGB) ? 

Q 9 -- What is GDP?

Gross Domestic Product. GDP measures
the monetary value of final goods and services—that is, those that are
bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.

Q. 10 - Have u invested in Gold other than physical form.? Do you know about Sovereign Gold Bonds (SGB) ?

Yes in digital gold. Yes I know about SGB but buying digital gold is simpler like mutual funds.

Q9 :: Gross Dmoestic Product (GDP) , It Is A Standard Method Of Countries Economic Health That Measures Value of Goods And Sevices Produced In A Country Over A Period Of Time.

Q10 :: No , Yes

9) Gross domestic product  is an important tool for judging how well, or badly, an economy is doing.

10) Digital gold is the safest way of investing in Gold without straining on the safekeeping of physical gold . 

Ans. for set 1 on 10.4.24

Q 7 - MF in the name of US-64 launched by UTI, but it was not named as MF, later on SBI was the first non-UTI issuer of MF.

Q. 8 - This is very broad question, Best in class ?, Best in Risk management ? Best in AUM ? Best in returns (which period) ?

best in category ? best in domestic/international.

return wise PPFAS is now left behind by NJ Flexi cap and Helios Flexi cap, so i rank both as no. 1 and PPFAS flexi cap is no. 3 for me. I am not counting S-MIDs here.

9. GDP - Gross Domestic Product

It is essentially the total economic output of a country. It's broken down into personal consumption and expenditures (e.g., what people buy, pay for services), business investments (factories, parts, labor), government spending (defense, social services, construction), and net exports (value of all exports - value of all imports)

10. Other than physical, not yet

Yes, aware abt SGB

9) Gross domestic product

10)Invested in digital gold.. Am aware about sgb.

Q9: Full form of GDP is Gross Domestic Product. It shows the total manufactured products value in a country.

Q10: Yes I invested in digital gold via phonepe at the time of covid. The investment was small as 2k just to experiment but to sell that gold with profit it took me more than a year. At that time I learned a lesson that during national economic crisis, one should never invest into gold. Because at that time most people withdraw money from stock market, mutual funds and invest that to safer instruments like gold. So, at that time price of gold goes very high.

Yes I know about SGB but never invested in that.

A9: GDP stands for Gross Domestic Product. It's a measure of the total monetary value of all goods and services produced within a country's borders within a specific time period, usually annually or quarterly. It's a key indicator of the economic health and size of a country's economy.

A10: Yes, Yes

Q 9 -- Gross Domestic Product. GDP measures the monetary value of final goods and services—that is, those that are
bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.

Q. 10 - Yes and Yes

9. Gross Domestic product

10 yes, yes

9 : the total value of all the goods and services produced in a country in one year

10 : Yes invested in SGB long back , but gold cannot beat equity returns

Q9. GDP is Gross domestic Product. It is monetary value of all finished goods and services made within a country during specific period.

Q10. Yes I have invested in gold other than physical form. Yes.SGB is Soverign Gold bond. These are government securities issued by RBI. 

A7- UTI

A8- Nippon India Mutual Funds—>Nippon India Mutual Fund has been registered with the Securities ​​& Exchange Board of India (SEBI) vide registration number MF/022/95/1 dated June 30, 1995. Nippon India Mutual Fund (NIMF) was earlier known as Reliance​​​ Mutual Fund. The name of Mutual Fund was changed from Reliance Mutual Fund to Nippon India Mutual Fund effective September 28, 2019 . NIMF was formed to launch various schemes under which units are issued to the public with a view to contribute to the capital market and to provide investors the opportunities to make investments in diversified securities.

A9- GDP is defined as an aggregate measure of production equal to the sum of the gross value added of all resident and institutional units engaged in production and services (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).

A10- Yes,Sovereign Gold Bonds (SGBs) are the perfect alternative to investment in physical gold. With these bonds, you can enjoy capital appreciation and also earn interest every year. These bonds, issued by the Government of India, also eliminate several risks associated with physical gold.

Hassle free: Ownership of gold without any physical possession (No risks and no cost of storage)

Tax treatment: The capital gains tax arising on redemption of SGB to an individual has been exempted. The indexation benefits will be provided to long term capital gains arising to any person on transfer of bond.

Tradability: Bonds will be tradable on stock exchanges within a fortnight of the issuance on a date as notified by the RBI.

Transferability: Bonds shall be transferable by execution of an Instrument of transfer in accordance with the provisions of the Government Securities Act.

Q9 : total earnings of country.

Q10: Yes SGB are from govt., these bonds are from govt. and backed by them so a good way to hold gold in terms of bonds. We can trade them as well like stocks. But as the risk is low the profit is also less in them.

Q 9 -- What is GDP? Gross domestic product

Q. 10 - Have u invested in Gold other than physical form.? Do you know about Sovereign Gold Bonds (SGB) ? NO , and yes 

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Day 2, Set 1 (10 Apr, Morning)

Q.7 - Who did launch first Mutual fund scheme in India ? Rbi N government of India 

Q.8 - Which is the best Mutual Funds according to you ? and why ? Small and mid cap funds high growth potential  ( I am holding some Small and midcap fund for last 8 years  giving me cagr of around 30 % )

9. Gross domestic product

Q11: Name a dimer (max 3) which helped you understanding finance more here on Desidime.

Q12: GST: Boon or Curse? In terms of Finance

Please refrain from raising Political aspects.

Entry valid till 11 Apr, 9AM

11) abhishek012 

12) GST has both positive as well as negative impacts on the economy. It facilitates economic growth by being transparent and creates loss over a few sectors by increased prices of the commodity but ease of doing business has been helped by a unified taxation system in the country....