NISM 19B AIFD Distributors Certification Exam Notes

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  • Social Impact Fund: Invests for social and environmental impact alongside financial returns.
  • Start-Up Criteria: DPIIT defines start-ups as companies under 10 years with turnover below INR 100 crore.
  • Venture Capital Undertaking: A domestic unlisted company at the time of investment.
  • Angel Investor Criteria: Individuals with INR 2 crore net tangible assets or corporates with INR 10 crore net worth.
  • Private Equity Scope: Includes growth capital, buyouts, and mezzanine financing for established firms.

NISM 19B AIFD Distributors

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