NISM Chapter 5

Which among the following is not a statutory document?

• Statement of Additionao information

• Scheme information Document

• Key information Memorandum

• Fund Factsheet

Mutual fund/AMC shall also disclose ____ of the scheme and benchmark while disclosing performance of the scheme benchmark.

• Financial results

• Riskometer

• Fund Factsheet

• KIM

In Liquid and Overnight funds, NAVs are not declared on Sundays/holidays. State True or False.

• True

• False

"The phrase 'Please read scheme-related documents carefully' refers to the ______

• Scheme information Document and Statement of Additional Information

• Fund factsheet and SID

• Trust Deed and KIM

• Audited balance sheet of AMC

How often should the KIM be updated?

• At least once a month

• At least once a year

• At least once every six months

• It need not to be updated after it is issued once.

The NAV of scheme is disclosed on the website of ___?

• RBI

• AMC

• None

• Anywhere

Some Fund houses do not disclose the entire portfolio of the scheme but only ___.

• Top 10 holdings.

• Bottom 10 holdings

• Market indices

• All of the above

SEBI has revised the time limit for the disclosure of NAV of Mutual Fund schemes investing overseas. State True or False.

• True

• False

____ is essentially a summary of SID and SAI.

• AMC

• Fund factsheet

• KIM

___ is part of the SID

• SAI

• KIM

• Fund factsheet

• Scheme presentation