n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following are typical features of a systematic investment plan (SIP)?

Practice question from NISM XXI A for PMS - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Fixed amount invested at regular intervals

  2. B

    Investment is made in a lump sum at once

  3. C

    It helps in averaging out the purchase price over time

  4. Both A and C

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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