NISM 5B Mutual Fund Foundation Certification Exam Notes

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  • Inflation Adjustment: Future expenses must be adjusted for inflation to estimate accurate funding needs.
  • Professional Management: Mutual funds offer professional management, reducing the burden on individual investors.
  • Diversified Portfolio: Mutual funds provide instant diversification, lowering unsystematic risk.
  • Investment Discipline: Systematic investment approaches promote disciplined wealth creation over time.
  • Tax Benefits: Certain mutual fund schemes, like ELSS, offer tax deductions under the Income Tax Act.

NISM 5B Mutual Fund Foundation

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