n NISM Certifications
X NISM Series X
Medium

Which feature is common to Portfolio Management schemes, Mutual Funds, and Alternative Investment Funds?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Similar restrictions in investments

  2. Regulated by SEBI

    Correct answer

  3. C

    Cater mainly to retail investors

  4. D

    All of the above

Why this is the answer

All three are regulated entities under SEBI, ensuring compliance and investor protection.

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