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

SEBI Advertisement Code for Mutual Funds mentions the various guidelines to be followed by __________.

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

Options

  1. A

    The investors who are interpreting the performance of their investments

  2. The AMC’s while it is advertising the performance of their funds

    Correct answer

  3. C

    The distributors while advertising their various services

  4. D

    The fund managers while monitoring the performance of the schemes they manage

Why this is the answer

SEBI has set guidelines for Asset Management Companies (AMCs) to follow while advertising the performance of their mutual fund schemes. These guidelines ensure transparency, accuracy, and prevent misleading information. For example, performance advertisements should be given in terms of CAGR over specific time periods.

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