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

A summary of the scheme-related information documents is found in the _____ .

Practice question from Nism VA Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Statement of Additional Information (SAI)

  2. Key Information Memorandum KIM

    Correct answer

  3. C

    Fact Sheet

  4. D

    Addendum

Why this is the answer

The Key Information Memorandum (KIM) is a summary of the Scheme Information Document (SID) and Statement of Additional Information (SAI). It contains the essential details about a mutual fund scheme in a simplified format for the investor.

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