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

_____ indicates how much money can be generated per unit of mutual fund in case the scheme is liquidated.

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

Options

  1. A

    Market price

  2. B

    Exit load

  3. C

    Asset Under Management

  4. Net Asset Value

    Correct answer

Why this is the answer

The Net Asset Value (NAV) represents the per-unit value of a mutual fund scheme. It reflects the amount an investor would receive if the fund is liquidated and all its assets are sold.

Test yourself for real

Take a full NISM Series V-A mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.