NISM 19A AIF Distributors Certification Exam Notes

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  • Fund Tenure: Close-ended AIFs have fixed lifespans, typically 5-7 years.
  • Drawdown: Capital called from investors as investment opportunities arise.
  • Investment Period: Timeframe for deploying committed capital, usually 3-5 years.
  • Exit Strategies: Include IPOs, trade sales, and secondary sales for AIFs.
  • IPO Exit: Listing portfolio companies on stock exchanges for exits.

NISM 19A AIF Distributors

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