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Match the following.
List-I (Mutual Fund Schemes) List-II (Characteristics)
a. Open-ended mutual fund schemes 1. It offers capital appreciation of the underlying investment.
b. Close-ended mutual fund scheme 2. It is a fund accepted and liquidated on a continuous basis by a mutual fund manager.
c. Growth fund scheme 3. It is also known as regional or country fund.
d. Off-shore mutual fund 4. No exit possible till the closure of the scheme.

Answer & Solution
Correct Answer: Option C
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