NISM 19E Alternative Investment Fund Managers Certification Exam Notes

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  • Liquidation Period: One-year period post-tenure for close-ended AIFs.
  • In-Specie Distribution: Allowed during liquidation, subject to SEBI approval.
  • Foreign Investments: Comply with FEMA and RBI regulations.
  • Anti-Money Laundering (AML): AIFs adhere to PMLA and KYC norms.
  • FATCA and CRS: AIFs report foreign investor details for tax compliance.

NISM 19E Alternative Investment Fund Managers

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