n NISM Certifications
X NISM Series X
Medium

Mr. Suraj has invested in mutual funds. How are his holdings represented?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    In the form of Shares

  2. B

    In the form of Rupees

  3. C

    In the form of percentage holding

  4. In the form of Units

    Correct answer

Why this is the answer

Mutual fund investments are represented by units, which reflect the investor’s share of the fund.

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