NISM 19E Alternative Investment Fund Managers Certification Exam Notes

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  • Investment Constraints: Regulatory and liquidity constraints affect portfolio optimization.
  • Alternative Investment Funds (AIFs): Pooled investment vehicles regulated by SEBI, investing in alternative assets.
  • Category III AIFs: Engage in diverse strategies, including leverage and derivatives, for high returns.
  • Category I AIFs: Focus on startups, SMEs, and social ventures, with incentives from the government.
  • Category II AIFs: Include private equity and debt funds, not using leverage extensively.

NISM 19E Alternative Investment Fund Managers

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