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

Indian mutual funds cannot invest in ______.

Practice question from NISM Series V A - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Real Estate

  2. Art

    Correct answer

  3. C

    Securitised Debt

  4. D

    Gold

Why this is the answer

Investment in Art is not permitted for mutual funds in India. However, they can invest in other asset classes like real estate (subject to specific conditions), gold, and securitized debt.

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