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

______ is NOT a function of AMFI.

Practice question from NISM Series V A - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Representing the mutual fund industry to the Government, RBI, etc.

  2. B

    Undertaking studies and research of the mutual fund industry

  3. C

    Undertaking investor awareness programs

  4. Conducting certification exams for mutual fund distributors

    Correct answer

Why this is the answer

The Association of Mutual Funds in India (AMFI) performs the functions listed, except conducting certification exams for mutual fund distributors. This is done by the National Institute of Securities Markets (NISM), not AMFI.

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