NISM 19B AIFD Distributors Certification Exam Notes

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  • Fund Setup Costs: Include legal, registration, and administrative expenses.
  • Investor Due Diligence: Assesses fund strategy, manager track record, and risks.
  • Fund Transparency: Enhanced by service providers’ independent oversight.
  • Leverage Strategy: Borrowing used to amplify returns but increases risk.
  • Tax Implications: Vary by fund structure (e.g., trust vs. LLP).

NISM 19B AIFD Distributors

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