NISM 19B AIFD Distributors Certification Exam Notes

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  • Registration Process: Mandatory for Category III AIFs, involving SEBI approval.
  • Accredited Investors: Exempt from certain restrictions, enhancing flexibility.
  • Investment Conditions: Minimum investment of INR 1 crore, except for employees.
  • Fund Raising: Done via private placement, not public offerings.
  • Private Placement Memorandum: Mandatory document outlining fund details and risks.

NISM 19B AIFD Distributors

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