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

After the New Fund Offer, units of the Close Ended fund can be bought and sold through _______.

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

Options

  1. A

    Close Ended fund cannot be bought and sold till the closure of term

  2. B

    The offices/branches of the respective AMC

  3. C

    The bank in which the unit holder has an account

  4. Stock Exchanges

    Correct answer

Why this is the answer

Close-ended funds are listed on stock exchanges, allowing investors to buy and sell units after the New Fund Offer.

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