n NISM Certifications
X NISM Series X
Medium

The sponsors of a REIT should hold a collective minimum of 15% of the units for at least three years from the date of listing, ensuring sponsor commitment and stability.

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    10% for 3 years

  2. 15% for 3 years

    Correct answer

  3. C

    25% for 3 years

  4. D

    30% for 3 years

Why this is the answer

SEBI regulations require sponsors to retain at least 15% of units for a minimum of three years from listing to ensure sponsor stake and stability.

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