NISM 19A AIF Distributors Certification Exam Notes
Page 13 Of 50
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SEBI AIF Regulations: Introduced in 2012, revitalizing the AIF industry.
Consolidation Phase: 2011-2019 saw older funds exit and new funds consolidate.
Domestic Capital: Increased participation from Indian billionaires and family offices.
Tax Pass-Through: Reforms granted pass-through status to Category I and II AIFs.
Pre-IPO Financing: New AIF opportunities in late-stage funding before IPOs.
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