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

Which of these statements is true with respect to Key Information Memorandum (KIM)?

Practice question from NISM Series V A - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    KIM is a document that provides key information of the past performance of the scheme

  2. B

    KIM is the annual newsletter of the mutual fund

  3. C

    KIM provides NAV history of all mutual fund schemes

  4. KIM is a document which must accompany all mutual fund application forms

    Correct answer

Why this is the answer

KIM is a mandatory document that provides essential details about the scheme and must accompany all mutual fund application forms.

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