NISM 19D Alternative Investment Fund Managers Certification Exam Notes
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Fund Reporting: Mandatory disclosures to investors on performance and risks.
Tax Implications: Vary by AIF category and investor residency status.
Liquidity Constraints: AIFs have longer lock-in periods, limiting liquidity.
Risk Management: Involves due diligence and active portfolio monitoring.
Fund Performance: Measured using metrics like IRR and TVPI.
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