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

A person wants to create a synthetic index. Guide him as to in which of these categories the weightage of equity index would be the lowest?

Practice question from NISM Series V A - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Super aggressive hybrid fund

  2. B

    Aggressive hybrid fund

  3. C

    Balanced hybrid fund

  4. Conservative hybrid fund

    Correct answer

Why this is the answer

A Conservative Hybrid Fund has a lower equity component (typically around 25%) compared to other hybrid funds. In contrast, an Aggressive Hybrid Fund has a higher equity allocation, typically around 75%. Since a Conservative Hybrid Fund has the lowest equity exposure, it would have the least weightage in terms of equity index.

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