Which of the following is true about mutual fund? May 2, 2021 – by admin Question: Which of the following is true about mutual fund? A. mutual funds are risk-free investments. B. mutual funds assure fixed returns. C. in mutual funds the target investors are the high-net-worth investors. D. none of the above. Answer» d. none of the above. Note: The above multiple-choice question is for all general and Competitive Exams in India.