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

The _______ is the promoter of a Mutual Fund.

Practice question from NISM Series V A - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Trust

  2. B

    AMC

  3. Sponsor

    Correct answer

  4. D

    Custodian

Why this is the answer

The Sponsor is the entity that initiates and promotes the creation of a mutual fund. It is responsible for establishing the trust and appointing the Asset Management Company (AMC) to manage the fund.

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