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

In case a fund manager is managing more than six funds, then ______ in all performance-related advertisements.

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

Options

  1. A

    The total number of schemes managed by him has to be disclosed

  2. B

    Performance data need not be given

  3. C

    Performance data of top 2 and bottom 2 schemes has to be disclosed

  4. Performance data of top 3 and bottom 3 schemes has to be disclosed

    Correct answer

Why this is the answer

If a fund manager is managing more than six schemes, advertisements must include the performance data of the top 3 and bottom 3 schemes managed by that fund manager, in addition to the total number of schemes managed.

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