NISM 19B AIFD Distributors Certification Exam Notes

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  • Fund Governance: Involves trustees, sponsors, and managers for accountability.
  • Global Hedge Funds: Use diverse assets and strategies, influencing Indian Category III AIFs.
  • Performance Metrics: Include mean return, Sharpe ratio, and downside risk.
  • Hurdle Rate: Minimum return threshold for performance fee calculations.
  • Skin-in-the-Game: Managers invest in the fund to align interests with investors.

NISM 19B AIFD Distributors

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