n NISM Certifications
XXI NISM Series XXI-A
Medium

'___________' is not a criterion to classify mutual funds.

Practice question from NISM XXI A for PMS - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Investment objective

  2. Transaction Costs

    Correct answer

  3. C

    Style of fund management

  4. D

    Structure of the fund

Why this is the answer

Mutual fund classifications are based on objectives, management style, and structure, not transaction costs.

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