n NISM Certifications
XVII NISM Series XVII
Medium

When nearing retirement, an investor should shift investments towards steady return assets and reduce exposure to risky assets.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Increase the allotment to growth mutual funds to maximize returns

  2. B

    Reduce the allotment to retirement corpus as it comes closer

  3. C

    Keep the entire investment in cash as a need can arise anytime

  4. Increase the allotment to steady return assets and decrease from risky assets

    Correct answer

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

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