NISM-Series-V-A: Mutual Fund Distributors (English)

📂 SET-6

Question 1 of 20 Demo

The auditor appointed to audit the scheme accounts is the same as the auditor of the AMC accounts - State True or False?

A a) TRUE B b) FALSE

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📂 SET-12

Question 2 of 20 Demo

Which of these are most widely accepted metal commodities used as an investment avenue

A a) Gold B b) Silver C c) Copper D d) Both (a) and (b)

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📂 Chapter-11

Question 3 of 20 Demo

Which of the following drive the choice of benchmark in equity schemes?

A a) scheme type B b) choice of investment universe C c) portfolio concentration and underlying exposure D d) All of the above

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📂 Chapter-2

Question 4 of 20 Demo

The main advantage of investing in a Mutual Fund is

A a) Portfolio Diversification B b) Portfolio Concentration C c) Portfolio Balancing D d) None of the above

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📂 SET-1

Question 5 of 20 Demo

The portfolio composition and operational features of a scheme are mentioned in the __________.

A a) SAI B b) SID C c) Addendum D d) None of the above

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📂 SET-9

Question 6 of 20 Demo

Identify the FALSE statement : When the mutual fund distributor understands the needs of his investor, one can ignore the investment objective of the mutual fund schemes The best strategy in selecting a mutual fund scheme is that based on its past performance

A a) Only A is false B b) Only B is false C c) Both A and B are false D d) None of the above

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📂 SET-12

Question 7 of 20 Demo

The investment objective of a ______________ might read as follows:To generate capital appreciation from a portfolio of predominantly equity related securities

A a) Money Market Fund B b) Balanced Fund C c) Arbitrage Fund D d) Diversified Equity Fund

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📂 SET-5

Question 8 of 20 Demo

Which of the following statements is TRUE with respect to the Scheme Information Document (SID) and Statement of Additional Information (SAI)?

A a) These two documents are prepared in the format prescribed by Association of Mutual Funds in India as part of AMFIs Code of Conduct B b) These two documents are prepared in the format prescribed by Association of Mutual Funds in India as part of AMFIs Best Practices Circular C c) These two documents are prepared in the format prescribed by Securities and Exchange Board of India D d) Each Asset Management Company is free to prepare these documents in the format they desire

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📂 SET-4

Question 9 of 20 Demo

Mutual Funds are constituted as Investment Companies in India - True or False ?

A a) TRUE B b) FALSE

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📂 Chapter-3

Question 10 of 20 Demo

Which of the Following is rated by a credit rating Agency?

A a) Equity Shares B b) Equity Oriented Mutual Funds C c) Debt Funds D d) All of the Above

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📂 SET-4

Question 11 of 20 Demo

The limit for micro SIPs is____

A a) Rs20,000 per mutual fund B b) Rs 20,000 for all mutual funds together C c) Rs 50,000 per mutual fund per financial year D d) Rs 50,000 for all mutual funds together

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📂 Chapter-4

Question 12 of 20 Demo

Which SEBI regulatory category deals with valuation of securities?

A a) NAV B b) Loads and fees C c) Governance norms D d) Valuation

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Question 13 of 20 Demo

One of the objective of__________ is to disseminate information on Mutual Fund Industry and to undertake studies and research directly and/or in association with other bodies.

A a) Stock Exchanges B b) SEBI C c) AMFI D d) CCAI

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📂 SET-12

Question 14 of 20 Demo

Units of Close Ended Mutual Funds can be bought / sold on the Stock Exchange - True or False?

A a) TRUE B b) FALSE

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📂 SET-9

Question 15 of 20 Demo

FMP or Fixed Maturity Plan are

A a) Guaranteed Schemes B b) Closed End Debt Schemes C c) Open End Debt Schemes D d) Tax Exemption Schemes

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📂 SET-14

Question 16 of 20 Demo

An investor invested in scheme A when the scheme’s NAV was Rs. 120 per unit. The investor redeemed the investments at the NAV of Rs. 135. Calculate the simple return.

A a) 10.00 percent B b) 11.11 percent C c) 12.50 percent D d) 15.00 percent

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📂 SET-10

Question 17 of 20 Demo

What is the amount required to buy 500 units at NAV Rs 46 if the entry load is 1%.

A a) Rs 23000 B b) Rs 23230 C c) Rs 23330 D d) Rs 23385

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📂 SET-14

Question 18 of 20 Demo

The diversified stock index, has a Beta of ONE

A a) TRUE B b) FALSE

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📂 SET-6

Question 19 of 20 Demo

State True or False - Long term capital loss can only be set off against long term capital gain.

A a) TRUE B b) FALSE

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📂 SET-3

Question 20 of 20 Demo

Mr. Suresh wants to Redeem his Mutual Fund Investments which he had invested two years ago. Current NAV is Rs 15. He wants to redeem 1000 units. Exit load structure for the scheme is as follows. If redeemed in the first year of investments then exit load of 2% is applicable and thereafter 1% exit load is applicable. How much redemption amount will be credited to his account?

A a) 15000 B b) 15150 C c) 14850 D d) 14700

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Finish Demo?

Session Ended