NISM 19D Alternative Investment Fund Managers Certification Exam Notes

Page 5 Of 141

Go to:

  • Regulatory Framework: SEBI regulates securities markets to ensure transparency and investor protection.
  • Capital Market Securities: Include equities, bonds, and derivatives traded on exchanges.
  • Investment Goals: Investors balance return objectives with risk tolerance and liquidity needs.
  • Market Efficiency: Efficient markets reflect all available information in security prices.
  • Risk-Free Rate: Typically represented by government bond yields, used as a benchmark for risk premiums.

NISM 19D Alternative Investment Fund Managers

Copyright 2025 - MODELEXAM MODELEXAM®