NISM 19D Alternative Investment Fund Managers Certification Exam Notes
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Conflict of Interest: Must be disclosed and managed per SEBI norms.
Termination Provisions: Allow for manager removal under specific conditions.
Investor Protection: SEBI ensures transparency in legal documentation.
Fund Tenure: Defined in PPM, typically close-ended for AIFs.
Risk Disclosures: Mandatory to inform investors of potential risks.
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