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

As per SEBI regulations, _______ is required while declaring mutual fund scheme performance.

Practice question from NISM Series V A - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The new fund open and closing dates

  2. B

    Returns of the peer group mutual fund schemes

  3. C

    Returns of the scheme compared to other financial products

  4. Returns of the scheme compared to the benchmark

    Correct answer

Why this is the answer

To assess the performance of a mutual fund scheme, it should be compared to a benchmark index that represents the scheme’s category (e.g., equity, debt, etc.). This helps investors evaluate the relative performance of the fund.

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