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

The sponsor of a mutual fund must contribute a minimum of _____ of the net worth of the AMC.

Practice question from NISM Series V A - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    25%

  2. 40%

    Correct answer

  3. C

    50%

  4. D

    66%

Why this is the answer

The sponsor, who establishes the mutual fund, must contribute at least 40% of the AMC’s net worth.

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