NISM 19A AIF Distributors Certification Exam Notes
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Minimum Investment: INR 1 crore per investor in an AIF scheme.
Minimum Corpus: INR 20 crore required for each AIF scheme.
Fund Structure: AIFs are typically trusts, LLPs, or companies under SEBI regulations.
Trust Structure: Most AIFs are irrevocable trusts under the Indian Trusts Act.
PPM: Private Placement Memorandum outlines fund strategy and terms.
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