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

Identify the TRUE statement with respect to a Gilt Fund?

Practice question from Nism VA Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The minimum investment in G-secs (as a percentage of total assets) is 70%

  2. B

    The minimum investment in G-secs (as a percentage of total assets) is 75%

  3. The minimum investment in G-secs (as a percentage of total assets) is 80%

    Correct answer

  4. D

    The minimum investment in G-secs (as a percentage of total assets) is 85%

Why this is the answer

Gilt Funds invest primarily in government securities (G-secs), and the minimum investment in these securities must be 80% of the total assets.

Test yourself for real

Take a full NISM Series V-A mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.