'/><rect width='800' height='360' fill='url(%23dots)'/><g transform='translate(180 90)'><rect x='0' y='40' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.18' transform='rotate(-6 140 105)'/><rect x='10' y='30' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.35' transform='rotate(-2 150 95)'/><rect x='20' y='20' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.95'/><circle cx='160' cy='85' r='28' fill='none' stroke='%23FF801E' stroke-width='3' stroke-opacity='0.5'/><text x='160' y='95' font-size='34' font-weight='900' fill='%23FF801E' text-anchor='middle' font-family='Arial,sans-serif'>₹</text><rect x='40' y='40' width='80' height='5' rx='2' fill='%23FF801E' fill-opacity='0.3'/><rect x='40' y='130' width='100' height='5' rx='2' fill='%23FF801E' fill-opacity='0.3'/><g transform='translate(330 100)'><ellipse cx='0' cy='30' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.4'/><ellipse cx='0' cy='15' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.6'/><ellipse cx='0' cy='0' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.95'/><text x='0' y='4' font-size='12' font-weight='800' fill='%23FF801E' text-anchor='middle' font-family='Arial,sans-serif'>₹</text></g></g></svg>)
Options
- A
The due diligence made by the manager
- B
The due diligence conducted by the auditor
-
The due diligence conducted on the AIF
Correct answer
- D
The due diligence conducted on the investee company
Why this is the answer
Fund due diligence involves assessing the overall integrity, operations, and risk profile of the AIF to inform investment decisions.
Test yourself for real
Take a full NISM Series X mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.