n NISM Certifications
XVII NISM Series XVII
Medium

What is the primary purpose of a fund's benchmark?

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

Options

  1. A

    To measure the risk involved in investing in the fund

  2. To evaluate the adequacy of the fund's performance

    Correct answer

  3. C

    To define the asset class for investment

  4. D

    All of the above

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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