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

Identify the FALSE statement(s) with respect to benchmarks for mutual fund schemes. 1. A Multi-Cap fund can have the Nifty 500 index as its benchmark. 2. A Multi-Cap fund can have BSE Sensex as its benchmark.

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

Options

  1. A

    Only 1 is false

  2. Only 2 is false

    Correct answer

  3. C

    Both 1 and 2 are false

  4. D

    None 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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