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

The minimum investment limit in equity/equity-related instruments of large cap companies for a Large Cap mutual fund scheme is ______ of total assets.

Practice question from Nism Va Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    70%

  2. 80%

    Correct answer

  3. C

    85%

  4. D

    90%

Why this is the answer

A Large Cap Fund is an open-ended equity scheme predominantly investing in large cap stocks. As per SEBI rules on asset allocation, the minimum investment in equity and equity-related instruments of large cap companies shall be 80 percent of total assets.

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