NISM Certifications · NISM-Series-V-A: Mutual Fund Distributors · Scheme Related Information
Under SEBI's scheme categorisation, what is the minimum investment in equity and equity-related instruments for a Large Cap Fund?
A Large Cap Fund must invest a minimum of 80% of its total assets in equity and equity-related instruments of large cap companies, as laid down in SEBI's categorisation of mutual fund schemes.
- A65% of total assets
- B80% of total assetsCorrect
- C90% of total assets
- D35% of total assets
Explanation
A Large Cap Fund must invest at least 80% of its total assets in equity and equity-related instruments of large cap companies. 65% applies to categories such as Multi Cap-type or equity savings thresholds for tax purposes, and so is wrong here.
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