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Options
-
High yield funds
Correct answer
- B
ELSS Funds
- C
Gilt funds
- D
Index funds
Why this is the answer
High yield funds (also called junk bond funds) invest in bonds with lower credit ratings, which means they carry a higher risk of default. This makes them riskier in terms of credit risk compared to other funds like ELSS, Gilt, or Index funds, which typically invest in safer or more diversified assets.
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