NISM 19A AIF Distributors Certification Exam Notes
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AIF Evolution: Began in the 1980s with state-led venture capital, formalized by SEBI in 1996.
Venture Capital Guidelines: 1988 guidelines focused on high-risk technology ventures.
SEBI VCF Regulations: 1996 regulations expanded venture capital to all unlisted companies.
Tax Breaks: Post-2000 reforms provided tax incentives to boost venture capital.
Dotcom Era: 1997-2001 saw technology-focused venture capital growth in India.
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