n NISM Certifications
XXI NISM Series XXI-A
Medium

In the context of financial planning, the 'Accumulation Phase' refers to:

Practice question from NISM XXI A for PMS - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. The period when investors are saving and investing to meet future goals

    Correct answer

  2. B

    The phase when investors are withdrawing funds for expenses

  3. C

    The phase where investors are consolidating their assets

  4. D

    The phase when investors are planning their estate

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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