NISM 19D Alternative Investment Fund Managers Certification Exam Notes

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  • Return Measurement: Returns are measured as capital gains plus income (e.g., dividends, interest).
  • Investment Constraints: Include liquidity needs, time horizon, tax considerations, and legal restrictions.
  • Market Benchmarks: Indices like BSE Sensex or Nifty 50 are used to compare investment performance.
  • Investor Types: Retail, institutional, and high-net-worth individuals have different investment approaches.
  • Securities Regulation: Governed by SEBI to ensure compliance and protect investor interests.

NISM 19D Alternative Investment Fund Managers

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