n NISM Certifications
NSM General NISM
Medium

Which of the following best describes PMS ownership structure?

Practice question from CWM A B1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Investor money is pooled into one account

  2. Investments are held in investor’s own name

    Correct answer

  3. C

    All holdings belong to AMC

  4. D

    No demat account is needed

Why this is the answer

In PMS, securities are usually held directly in the client’s own demat account, unlike pooled investment structures.

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