The know your Fixed Income Mutual Funds Survey was aimed at judging the level of understanding of Fixed Income Mutual funds by participants in the survey. The Survey results indicate that more than 70% of those who attempted the survey have basic understanding of fixed income mutual funds. All easy to moderate level questions were answered correctly by around 70% of respondents. Question on FMPs and Liquid funds were answered correctly by only 60% of respondents. Only one question based on credit spreads was answered correctly by less than 50% of respondents. The Survey results show that participants still need more understanding of concepts like credit spreads, money market instruments and yield curve movements.