n NISM Certifications
NSM General NISM
Medium

A client wants exposure to unlisted and alternative assets beyond traditional equity and debt. Which option is more suitable?

Practice question from CWM A B1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Savings Account

  2. B

    Traditional Mutual Fund

  3. Alternative Investment Fund

    Correct answer

  4. D

    Recurring Deposit

Why this is the answer

AIFs are designed to invest across specialized and alternative opportunities beyond traditional mutual fund structures.

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