NISM Certifications · NISM-Series-V-A: Mutual Fund Distributors · Scheme Related Information
As per SEBI's categorisation, a Large Cap Fund must invest a minimum of what percentage of its total assets in large cap stocks?
A Large Cap Fund must invest at least 80% of its total assets in large cap stocks, defined as the top 100 companies by full market capitalisation. Lower figures such as 65% apply to other categories, not to large cap funds.
- A65%
- B70%
- C80%Correct
- D90%
Explanation
SEBI requires a Large Cap Fund to invest at least 80% of total assets in large cap companies, which are the top 100 companies by full market capitalisation. The 65% figure applies to some other categories, such as Dividend Yield or Value funds' equity minimum, so it is wrong here.
Did you get it right without looking?
One question tells you little. A timed set on Scheme Related Information shows your real accuracy, how long you take and where you lose marks.
More Scheme Related Information questions
- Which of the following is a feature of a Fixed Maturity Plan (FMP) in India?
- An investor invests in a scheme with an exit load of 1% if units are redeemed within 12 months. She redeems 500 units at an NAV of Rs 40 aft…
- Which of the following is a feature of a Liquid Fund as per SEBI norms?
- Which of the following best describes a Fixed Maturity Plan (FMP) in India?
- In a mutual fund scheme, the Systematic Withdrawal Plan (SWP) facility allows an investor to:
- Which of the following best describes a Dynamic Asset Allocation or Balanced Advantage Fund as per SEBI categorisation?