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

In case of a floater fund, what is the required minimum investment in floating rate investments of total assets invested?

Practice question from Nism VA Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. 65%

    Correct answer

  2. B

    45%

  3. C

    55%

  4. D

    75%

Why this is the answer

A Floater Fund is a debt scheme that primarily invests in floating rate instruments. At least 65% of the total assets must be invested in such instruments.

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