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Discussion

Mutual funds investment can be effectively canvassed among

  • A.students availing education loans
  • B.HNI customers
  • C.salaried persons only
  • D.poor farmers

Answer: C

Correct answer: HNI customers

Mutual funds are an investment product, so the natural market is people with money to invest - high net worth individuals above all, who have surplus funds, an appetite for market-linked returns and an interest in diversification. Students on education loans and poor farmers have no surplus to invest.

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