n NISM Certifications
X NISM Series X
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Who is responsible for creating mutual fund products?

Practice question from NISM Series XB- Investment Adviser (Level 1) Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Trustees

  2. Asset Management Company

    Correct answer

  3. C

    SEBI

  4. D

    Sponsor

Why this is the answer

Asset Management Companies (AMCs) are investment specialists that design, manage, and offer mutual fund schemes, making them the creators of these products.

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