n NISM Certifications
V-A NISM Series V-A
Medium

Which document has the statutory information about the mutual fund or AMC that is offering the scheme?

Practice question from Nism VA Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Scheme Information Document (SID)

  2. Statement of Additional Information (SAI)

    Correct answer

  3. C

    Red Herring Prospectus

  4. D

    Fund Fact Sheet

Why this is the answer

The Statement of Additional Information (SAI) contains statutory information about the mutual fund or AMC offering the scheme. A single SAI is relevant for all the schemes offered by the same mutual fund. (SID contains specific details of the scheme, while the Fund Fact Sheet provides information like performance updates.)

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