NISM 19C Alternative Investment Fund Managers Exam Notes

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  • Leverage Norms: Category III AIFs have defined leverage limits to control risk.
  • Disclosure Norms: AIFs must disclose risks, fees, and performance to investors.
  • Reporting Requirements: Quarterly and annual reports are submitted to SEBI.
  • Valuation Guidelines: Assets must be valued by independent valuers per SEBI norms.
  • Code of Conduct: Managers must follow SEBI’s ethical and professional standards.

NISM 19C Alternative Investment Fund Managers

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