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

Amongst the distribution channels mentioned below, which one is likely to sell funds of only a single mutual fund house?

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

Options

  1. A

    Distribution Company

  2. B

    Independent financial advisor

  3. Institutional sales team of the Asset Management Company

    Correct answer

  4. D

    Bank

Why this is the answer

An institutional sales team of an AMC sells funds only from that specific AMC, whereas other distributors sell products from various fund houses.

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