Not necessarily true?
The piston is at the top twice during 2 revolutions in a 4 stroke engine, and both times the intake and exhaust valve is closed.
When at TDC, the piston is up it is on the compression stroke, NOT the exhaust stroke, so you have a 50-50 chance it is at TDC when the pointer is at 0 unless you re-install the cam sensor and the interruptor wheel at the EXACT position as when it was removed!
This is valid if the engine has not been rotated since when the cam sensor was removed.