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

________ ensures that the information contained in the scheme-related documents (SID and SAI) are fully complied with.

Practice question from Nism VA Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. The Trustees

    Correct answer

  2. B

    The Sponsor

  3. C

    The Fund Manager

  4. D

    The AMC

Why this is the answer

The Trustees ensure that all actions taken by the AMC (Asset Management Company) comply with the scheme’s objectives and the regulatory requirements, including the Scheme Information Document (SID) and Statement of Additional Information (SAI).

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