n NISM Certifications
X NISM Series X
Medium

A fund that invests in both equity and unsecured debt financing to early-stage companies is classified as a venture capital fund, which mainly invests in unlisted securities of startups and emerging ventures involved in innovative products, services, or technologies. Such funds include angel funds and are focused on new business models and early-stage investments.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Investment Fund

  2. Venture capital fund

    Correct answer

  3. C

    NBFC fund

  4. D

    Unsecured bond fund

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

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