NISM 19C Alternative Investment Fund Managers Exam Notes
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Tax Considerations: Pass-through status simplifies taxation for Category I and II AIFs.
Foreign Investments: AIFs can invest abroad within FEMA limits.
Auditor Role: Independent auditors verify financial statements and compliance.
SEBI Inspections: SEBI conducts periodic inspections to ensure compliance.
Investor Rights: Investors have rights to information, voting, and grievance redressal.
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