n NISM Certifications
X NISM Series X
Medium

The primary benefit of using the Direct Access facility in Portfolio Management Services is:

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Direct access to portfolio operations

  2. B

    Only fixed costs are paid

  3. Higher net returns compared to intermediaries

    Correct answer

  4. D

    All of the above

Why this is the answer

Direct access eliminates intermediary commissions, lowering costs and increasing net returns.

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