NISM 19E Alternative Investment Fund Managers Certification Exam Notes
Page 36 Of 136
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Fund Governance: Involves oversight by trustees, managers, and investment committees.
Investor Suitability: AIFs assess investor risk appetite and financial goals before investment.
Benchmarking: Performance compared to indices like S&P BSE Sensex or NIFTY 50.
Co-Investments: Allowed alongside AIFs, subject to SEBI approval and disclosures.
Fund Expenses: Include management fees, setup costs, and operational expenses.
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