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

For which mutual fund distributors is a due diligence process mandated by SEBI?

Practice question from Nism VA Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A mutual fund distributor who services more than 25 investors

  2. A mutual fund distributor who receives a commission of over Rs. 50 Lakhs from a single mutual fund

    Correct answer

  3. C

    A mutual fund distributor who brings in investments from investors of over Rs. 1 crore for a single mutual fund

  4. D

    All of the above

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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