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

Multi Asset Allocation funds invest in at least _____ asset classes with a minimum allocation of at least 10 percent in each class.

Practice question from Nism VA Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    2

  2. 3

    Correct answer

  3. C

    4

  4. D

    5

Why this is the answer

Multi Asset Allocation funds invest in at least 3 asset classes (e.g., equity, debt, and gold) with a minimum of 10% allocation in each class. This is to ensure diversification.

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Nism VA Mock Test 5