n NISM Certifications
X NISM Series X
Medium

Which mutual fund schemes must be listed on stock exchanges as mandated by SEBI?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    All equity schemes

  2. B

    All debt schemes

  3. C

    Open-ended schemes

  4. Closed-ended schemes

    Correct answer

Why this is the answer

Closed-end funds, with fixed maturity, are required to be listed so investors can trade units after NFO.

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