NISM 19B AIFD Distributors Certification Exam Notes
Page 42 Of 122
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Final Close: Last date for accepting investor commitments.
Dematerialisation: AIF units must be held in demat form for transparency.
Direct Plan: Investors bypass distributors, reducing commission costs.
Distributor Plan: Involves commissions, impacting investor returns.
Fund Expenses: Include management fees, setup costs, and operational expenses.
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