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

A mutual fund scheme should have at least ________ investors, as per SEBI regulations.

Practice question from Nism VA Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    10

  2. B

    15

  3. 20

    Correct answer

  4. D

    25

Why this is the answer

As per SEBI rule and regulation, a Mutual Fund Scheme/Plan shall have a minimum of 20 investors and single investor can not have more than 25 percent of the corpus of the Scheme/Plan(s).

Test yourself for real

Take a full NISM Series V-A mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.