n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is a characteristic of a 'Debt Mutual Fund'?

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

    Invests primarily in equities

  2. Invests in fixed income securities like bonds and debentures

    Correct answer

  3. C

    Invests only in government stocks

  4. D

    Has no exposure to credit risk

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

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