n NISM Certifications
NSM General NISM
Medium

Which of the following is a measure of fluctuation in periodic returns in an equity mutual fund scheme?

Practice question from RISK, RETURN AND PERFORMANCE OF FUNDS Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Variance

    Correct answer

  2. B

    Sharpe ratio

  3. C

    Modified duration

  4. D

    Jensen’s Alpha

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

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.