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

With respect to KIM (Key Information Memorandum), which of the following statements is NOT true?

Practice question from Nism VA Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    KIM is an abridged version of the SID & SAI

  2. B

    KIM contains the names of Sponsor, Trust, and AMC

  3. C

    KIM is attached to each mutual fund application form

  4. KIM has to be provided only if the investors ask for it

    Correct answer

Why this is the answer

KIM is a summary of the offer document and is mandatory with every mutual fund application form. It is not provided only on request.

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