NISM Chapter 5 10%

"Please read all the scheme related documents carefully" - which documents does this line refer to?

• SID and Statement of Additional Information
• SAI and Fund Fact Sheet
• Trust Deed & Key Information Memorandum
• SID and Audited Balance sheet of the AMC

Which of the following statements is “TRUE” with respect to the SID & SAI?

• These two documents are prepared in the format prescribed by AMFI as part of AMFI's Code of conduct
• These two documents are prepared in the format prescribed by SEBI
• These two documents are prepared in the format prescribed by AMFI as part of AMFI's best practices circular
• Each Asset Management Company is free to prepare these documents in the format they desire

How often should the Key Information Memorandum (KIM) be updated?

• At least once a month
• At least once every six months
• At least once a year
• It need not be updated after it is issued once

As per the SEBI guidelines, how often should the mutual fund scheme's portfolio be published?

• Monthly
• Half-yearly
• Annually
• Never

Which among the following is not a statutory document?

• Scheme Information Document
• Statement of Additional Information
• Key Information Memorandum
• Fund factsheet

Current value of investments = Unit balance in the investor's account X Current NAV. State whether it's True or False?

• True
• False

If a scheme is launched in the second 6 months of the financial year then the first update of the SID is due within months of the end of the next financial year?

• 3 months
• 2 months
• 6 months
• 6 months

To create the investment portfolio for a particular scheme of a Mutual Fund, the fund manager takes into account?

• the age and income of he investors
• the risk profile of the investors
• the investment objective of the scheme
• All of the above

The mutual fund schemes sale and purchase of investments are executed by the in the stock market.

• Operator
• AMC
• Dealer
• Sponsor

At the time of New Fund Offer (NFO), which document is compulsorily filed with SEBI?

• Scheme Information Document
• Statement of Additional information
• Annual Report
• Memorandum & Articles of Association