NISM 19C Alternative Investment Fund Managers Exam Notes

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  • Regulatory Updates: AIFs must adapt to SEBI’s evolving regulations.
  • Penalties: Non-compliance may lead to penalties or cancellation of registration.
  • Investor Rights: Include access to information and voting on key decisions.
  • Valuation Frequency: Assets are valued at least semi-annually or as per PPM.
  • Fund Closure: Must follow SEBI guidelines for liquidation and distribution.

NISM 19C Alternative Investment Fund Managers

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