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

Identify the CORRECT statement with respect to a Fund Factsheet.

Practice question from NISM Series V A - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A Fund Factsheet has to be published only at the time of a New Fund Offer (NFO)

  2. B

    As per SEBI regulations, a Fund Factsheet has to be published on a monthly basis by the AMCs

  3. A Fund Factsheet is published by AMCs on a voluntary basis

    Correct answer

  4. D

    All mutual fund distributors have to mandatorily read the Fund Factsheet before recommending a scheme to their investors

Why this is the answer

Fund Factsheets are published by AMCs (Asset Management Companies) regularly (usually monthly), but their publication is not mandatory. Most AMCs publish them voluntarily to provide investors with detailed information about the fund’s performance, holdings, and other key details.

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