n NISM Certifications
X NISM Series X
Medium

What is a common feature of both regular and direct mutual fund plans?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Portfolio composition

  2. B

    Net Asset Value (NAV)

  3. C

    Returns

  4. All of the above

    Correct answer

Why this is the answer

Both plans invest in identical portfolios with the same NAV and return profiles; differences are in distribution channels.

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