NISM 19B AIFD Distributors Certification Exam Notes
Page 71 Of 122
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Return Volatility: Higher in Category III AIFs due to speculative strategies.
Fund Performance Drivers: Include strategy, leverage, and market conditions.
Investor Protection: SEBI mandates clear fee and performance reporting.
Fund NAV: Reflects current value of assets, critical for performance.
Fee Structure Variations: Differ by unit class and investor type.
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