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

The Fund Manager of a 'Fund of Funds' has to select _______ for investments.

Practice question from NISM Series V A - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Right Stocks

  2. B

    Sectors

  3. Funds

    Correct answer

  4. D

    All of the above

Why this is the answer

A Fund of Funds (FoF) is an investment fund that invests in other mutual funds rather than directly in stocks or sectors. The fund manager of a FoF selects different funds to invest in, not individual stocks or sectors.

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