NISM Certifications · NISM-Series-V-A: Mutual Fund Distributors · Investor Services
Which document is sent to an investor by the mutual fund after a financial transaction to confirm allotment of units, and is typically dispatched within the prescribed time of allotment?
An account statement or allotment confirmation is sent to the investor after a financial transaction, within the prescribed timeline of allotment. The annual report and scheme information document are general disclosure documents and do not confirm an individual's transaction.
- AAnnual report only
- BConsolidated account statement for the previous year
- CAccount statement or allotment confirmationCorrect
- DScheme information document
Explanation
After a transaction, the AMC sends an allotment confirmation or account statement by email or SMS within the prescribed period. The annual report and SID are scheme or fund disclosures, not transaction confirmations.
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