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

Key Information Memorandum (KIM) is a summary of ______.

Practice question from Nism VA Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Only Scheme Information Document (SID)

  2. B

    Only Statement of Additional Information (SAI)

  3. Both SID and SAI

    Correct answer

  4. D

    Fund Factsheet

Why this is the answer

The KIM is a summary of the SID and SAI, containing essential details about the mutual fund scheme to help investors decide on the suitability of the investment.

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