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

Which type of Hybrid Fund has the least exposure to equity?

Practice question from NISM Series V A - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Aggressive Hybrid Fund

  2. B

    Balanced Hybrid Fund

  3. Conservative Hybrid Fund

    Correct answer

  4. D

    Arbitrage Hybrid Fund

Why this is the answer

Conservative Hybrid Funds invest predominantly in debt (75-90%) with limited exposure (10-25%) to equity. Balanced Hybrid Funds have a more even split, while Aggressive Hybrid Funds invest primarily in equity (65-80%).

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