Which of the following is NOT an investment product?(1.0 Marks)Mutual FundATerm PlanBExchange Traded FundCNational Pension System

The question asks to identify which option is NOT an investment product from the given options:

1. Mutual Fund: This is an investment product where money is pooled from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.

2. Term Plan: Typically refers to a type of life insurance policy that provides coverage for a specified term. It is primarily an insurance product rather than an investment product.

3. Exchange Traded Fund (ETF): This is an investment product that tracks an index, commodity, or a basket of assets, and is traded on stock exchanges similar to stocks.

4. National Pension System (NPS): This is a retirement savings scheme which is an investment product designed to provide income post-retirement, allowing individuals to invest in various asset classes.

Conclusion

The option that is NOT an investment product is Term Plan. While it involves financial planning, its primary function is to provide life coverage, distinguishing it from typical investment avenues like mutual funds, ETFs, and NPS.