n NISM Certifications
V-A NISM Series V-A
Medium

A credible benchmark of a mutual fund scheme should be in sync with the __________. (A) Size of the scheme (B) Investment objective of the scheme (C) Investment strategy of the scheme (D) The expenses ratio of the scheme (E) Asset allocation pattern of the scheme

Practice question from Nism VA Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A and B

  2. B, C and E

    Correct answer

  3. C

    C and D

  4. D

    A, C and E

Why this is the answer

A credible benchmark should align with the investment objective, investment strategy, and asset allocation pattern of the mutual fund scheme. It should reflect the specific characteristics and goals of the scheme.

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