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

Which of these statements are false? (A) While evaluating schemes, the Expense Ratio will matter much more in Debt Funds than Equity mutual funds. (B) A mutual fund with a long track record is always better for investments as it would give higher returns in the future. (C) Ultra-short term debt funds always invest in high credit quality debt securities.

Practice question from NISM Series V A - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A and B are false

  2. B and C are false

    Correct answer

  3. C

    A and C are false

  4. D

    All A, B, and C are false

Why this is the answer

Statement B is false because past performance does not guarantee future results.

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