n NISM Certifications
NSM General NISM
Medium

A distributor has identified the right strategy and category for a client. What is the next step before making a final recommendation?

Practice question from Advanced B1 S4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Ask the client to check past NAV performance on their own

  2. B

    Present the fund with the highest AUM in that category

  3. Shortlist schemes through quantitative and qualitative evaluation

    Correct answer

  4. D

    Recommend the fund with the lowest expense ratio automatically

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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