n NISM Certifications
NSM General NISM
Medium

An HNI client wants a highly customized equity portfolio aligned with his personal preferences. Which product may be more suitable?

Practice question from CWM A B1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Index Fund

  2. Portfolio Management Service

    Correct answer

  3. C

    Liquid Fund

  4. D

    ETF

Why this is the answer

PMS allows customization of portfolios based on investor requirements, unlike pooled mutual fund structures where all investors follow the same strategy.

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