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

The Net Asset Value (NAV) of a segregated portfolio has to be declared on a ______.

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

Options

  1. Daily basis after the credit event

    Correct answer

  2. B

    Weekly basis (on every Saturday) after the credit event

  3. C

    Monthly basis after the credit event

  4. D

    NAV need not be declared

Why this is the answer

In the case of a segregated portfolio, which is created following a credit event, the NAV must be declared daily to ensure fair treatment of all investors.

Test yourself for real

Take a full NISM Series V-A mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.