NISM 19E Alternative Investment Fund Managers Certification Exam Notes

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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.

NISM 19E Alternative Investment Fund Managers

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