A credible benchmark of a mutual fund scheme should be in sync with the: A. Size of the scheme B. Investment objective of the scheme C. Investment strategy of the scheme D. Expense Ratio of the scheme E. Asset allocation pattern of the scheme
A
B, C and E
B
A, C and D
C
B, D and E
D
A and B
Correct Option:
A
Explanation
A credible benchmark should be consistent with the scheme's investment objective, investment strategy, and asset allocation pattern. These factors ensure that the benchmark appropriately reflects the investment universe and risk profile of the scheme.
