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. |
A. a-2, b-1, c-4, d-3
B. a-3, b-4, c-1, d-2
C. a-2, b-4, c-1, d-3
D. a-3, b-1, c-4, d-2
Answer: Option C

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