n NISM Certifications
X NISM Series X
Medium

Identify what is relevant when an investment adviser advises his client on choosing the Regular plan or the Direct plan for investments in mutual funds?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The investor should get a cost-effective investment option

  2. B

    The investor should have the ability to make a one-time commitment of time

  3. C

    The investor should have long-term ability to execute and maintain investments

  4. All of the above

    Correct answer

Why this is the answer

Advisers must ensure clients understand cost differences, operational commitments, and long-term suitability.

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