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

The Asset Management Companies have to disclose the Total Expense Ratios (TER) of the various schemes on their websites on a ______ basis.

Practice question from NISM Series V A - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Daily

    Correct answer

  2. B

    Weekly

  3. C

    Monthly

  4. D

    Annual

Why this is the answer

SEBI mandates that AMCs disclose the Total Expense Ratio (TER) of their mutual fund schemes daily on their websites. This helps investors stay informed about the expenses associated with the schemes.

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