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

Which of the below is /are FUNDAMENTAL ATTRIBUTES of a scheme?

Practice question from Nism VA Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The type of scheme

  2. B

    Investment objective(s) of the scheme

  3. C

    Terms of the issue

  4. All of the above

    Correct answer

Why this is the answer

The fundamental attributes of a scheme are critical aspects of the scheme, including the type (open-ended, close-ended), the investment objectives (growth, income), and the terms of the issue (listing, redemption, etc.). These details are provided in the offer document and are essential for investors to understand the scheme.

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