NISM 19C Alternative Investment Fund Managers Exam Notes
Page 52 Of 154
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Investor Reporting: Includes tax statements and income details.
SEBI Guidelines: Mandate accurate tax and accounting disclosures.
Fund Expenses: Include audit, legal, and custodial fees, impacting returns.
Income Distribution: Taxed based on investor’s residential status.
Capital Gains Tax: Varies for listed vs. unlisted securities.
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NISM 19C Alternative Investment Fund Managers
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