NISM 19C Alternative Investment Fund Managers Exam Notes
Page 17 Of 154
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Fund Benchmarking: Performance is benchmarked against relevant indices.
Transparency: AIFs provide detailed disclosures to investors and regulators.
Manager Liability: Managers are liable for breaches of fiduciary duty.
Fund Documentation: Includes trust deed, PPM, and contribution agreements.
Regulatory Updates: AIFs must stay updated with SEBI’s regulatory changes.
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NISM 19C Alternative Investment Fund Managers
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