n NISM Certifications
X NISM Series X
Medium

Portfolio rebalancing norms are generally included in which document?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    GIPS guidelines

  2. Investment Policy Statement

    Correct answer

  3. C

    SEBI (Portfolio Managers) Regulations

  4. D

    Scheme document

Why this is the answer

The IPS specifies rebalancing rules to maintain strategic asset allocations aligned with investment objectives.

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