Identify the TRUE statement(s): (a) In an Assured Return scheme, if the scheme is not able to pay the assured return amount, then the guarantor has to pay the same (b) Investor returns might vary from the scheme returns on account of choices regarding investment schedule (c) The returns published in a mutual fund advertisement factor in the entry or exit load, as may be applicable.

Mutual funds are not permitted to promise any returns, unless it is an assured returns scheme. Assured returns schemes call for a guarantor who is named in the SID) The guarantor will need to write out a cheque, if the scheme is otherwise not able to pay the assured return. Investor returns might vary from the scheme returns also on account of choices regarding investment schedule, i.e., additional investment being made during the period or redeeming a portion of the investment. In such a case, for the same period, an investor’s returns may be different from the published returns of the scheme. The returns published in a mutual fund advertisement would be without factoring the entry or exit load, as may be applicable.