n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is a disadvantage of mutual funds?

Practice question from NISM XXI A for PMS - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Diversification

  2. B

    Professional management

  3. High expense ratios and management fees

    Correct answer

  4. D

    Liquidity

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

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