NISM 19D Alternative Investment Fund Managers Certification Exam Notes
Page 54 Of 141
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Investor Protection: SEBI mandates clear fee disclosures in fund documents.
Tax Implications: Fees impact investor returns and tax liabilities.
Fund Governance: Ensures fair fee allocation and transparency.
Regulatory Compliance: SEBI regulates fee structures for fairness.
Fee Negotiation: Large investors may negotiate lower fees or special terms.
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