NISM 19B AIFD Distributors Certification Exam Notes
Page 17 Of 122
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Private Equity Fund: Invests in equity or equity-linked instruments of later-stage unlisted companies.
Debt Fund: Invests in listed or unlisted debt securities, including securitized debt instruments.
Infrastructure Fund: Focuses on unlisted securities or debt of infrastructure projects or SPVs.
SME Fund: Invests in unlisted or listed SME securities on SME exchanges.
Hedge Fund Definition: Employs diverse, complex trading strategies in securities, including derivatives.
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