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

Which fund type's investment objective is to achieve growth through equity, balanced with income generation through debt?

Practice question from NISM Series V A - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Arbitrage Fund

  2. B

    Money Market Fund

  3. C

    Equity Fund

  4. Balanced Fund

    Correct answer

Why this is the answer

A Balanced Fund invests in both equity (for growth) and debt (for income generation), aligning with the stated objective.

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