n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following does not constitute a part of the portfolio management process?

Practice question from NISM XXI A for PMS - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Construction of the portfolio

  2. B

    Selection of assets

  3. Tax compliance

    Correct answer

  4. D

    Doing the risk profiling of the investor

Why this is the answer

Tax compliance is a regulatory obligation but not core part of the portfolio management process.

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