n NISM Certifications
X NISM Series X
Medium

______ are generally lower in the direct access facility of a Portfolio Management Service as compared to a regular plan.

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Distribution Costs

    Correct answer

  2. B

    Total Costs

  3. C

    Net Returns

  4. D

    Total Returns

Why this is the answer

Direct access eliminates distributor commissions, reducing distribution costs.

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