n NISM Certifications
X NISM Series X
Medium

Among the given options, which has the longest potential tenure for an investor?

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Index Funds

    Correct answer

  2. B

    Index Futures

  3. C

    Index Options

  4. D

    Index Forwards

Why this is the answer

Index funds are open-ended mutual funds without expiry, allowing investors to hold them indefinitely, unlike futures, options, or forwards which have fixed expiry dates.

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