Options
- A
Deciding the size of the portfolio
- B
Selection of Mutual Fund schemes
-
Setting of goals
Correct answer
- D
None of the above
Why this is the answer
The first step is identifying the investor's investment needs and goals. Other steps include understanding financial products, asset allocation, and selecting mutual fund schemes.
Test yourself for real
Take a full NISM Series V-A mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.