NISM 19D Alternative Investment Fund Managers Certification Exam Notes

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  • EBITDA Multiple: Common valuation metric for business comparison.
  • Price-to-Earnings (P/E) Ratio: Measures market price relative to earnings per share.
  • Net Asset Value (NAV): Sum of portfolio asset values for AIFs.
  • Valuation Regulations: SEBI mandates fair valuation practices.
  • Third-Party Valuers: Registered valuers ensure unbiased valuations.

NISM 19D Alternative Investment Fund Managers

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