n NISM Certifications
NSM General NISM
Medium

Which of the following statements is True?

Practice question from INVESTOR SERVICES Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Hindu Undivided Families (HUFs) are not allowed to invest in mutual fund schemes

  2. B

    Minors cannot invest in mutual fund schemes

  3. Foreign investors can invest in Indian mutual fund schemes, provided they have completed the Know-Your-Client (KYC) formalities

    Correct answer

  4. D

    None of the Above

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

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