n NISM Certifications
V-A NISM Series V-A
Medium

Which of these is NOT included in the Statement of Account issued by a mutual fund?

Practice question from Nism VA Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The Unit Balance

  2. B

    The NAV at the time of issue of the statement

  3. C

    All the transactions done during the period of the statement

  4. The securities in which the money was invested

    Correct answer

Why this is the answer

The Statement of Account includes details such as unit balance, NAV, and transactions done within the period. However, it does not disclose the specific securities in which the mutual fund invests.

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