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

Who ensures the compliance of the information contained in the scheme-related documents with regulations?

Practice question from Nism VA Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The Sponsors

  2. B

    The Asset Management Company

  3. C

    SEBI

  4. The Trustees

    Correct answer

Why this is the answer

The trustees are responsible for ensuring compliance with the regulations concerning mutual fund schemes, including reviewing the accuracy of scheme documents.

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