NISM 19D Alternative Investment Fund Managers Certification Exam Notes

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  • Fund Performance: Fees impact net IRR and investor returns.
  • Regulatory Updates: SEBI amendments refine fee structure norms.
  • Fee Agreements: Binding through contribution agreements and PPM.
  • Tax Considerations: Fees subject to GST and other levies.
  • Fund Managers’ Incentives: Performance fees drive value creation.

NISM 19D Alternative Investment Fund Managers

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