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

The information which is provided in a mutual fund advertisement has to be _______ .

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

Options

  1. A

    Published in one English and one regional language newspaper

  2. B

    Approved by Securities and Exchange Board of India

  3. Timely

    Correct answer

  4. D

    Valid for at least 6 months investment horizon

Why this is the answer

As per SEBI regulations, the information in mutual fund advertisements must be timely, meaning it should reflect the current and relevant data about the scheme. SEBI does not require pre-approval of advertisements, except in specific circumstances.

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