n NISM Certifications
X NISM Series X
Medium

What does the benchmark of a hybrid portfolio typically represent?

Practice question from NISM Series XB- Investment Adviser (Level 1) Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Best-performing asset class

  2. Asset allocation of the portfolio

    Correct answer

  3. C

    Major asset class in the portfolio

  4. D

    All of the above

Why this is the answer

Hybrid benchmarks reflect the target or actual asset allocation proportions, enabling performance comparison aligned with the portfolio’s structure.

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