n NISM Certifications
X NISM Series X
Medium

Which benchmark is appropriate for peer group performance analysis?

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

Options

  1. A

    Mean of portfolios

  2. B

    Support percentile portfolio

  3. Median portfolio

    Correct answer

  4. D

    Average percentile portfolio

Why this is the answer

The median portfolio provides a central reference point to compare performance within a peer group of similar strategies.

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