NISM 19E Alternative Investment Fund Managers Certification Exam Notes

Page 40 Of 136

Go to:

  • Redemption Policies: Defined in PPM, varying by fund type (open or close-ended).
  • Setup Costs: Include legal, regulatory, and operational expenses for launching an AIF.
  • Operational Expenses: Cover ongoing costs like audits, valuations, and compliance.
  • Co-Investments: Investors can co-invest alongside the fund, subject to SEBI rules.
  • Conflict of Interest: AIFs must address conflicts through policies and disclosures.

NISM 19E Alternative Investment Fund Managers

MODELEXAM MODELEXAM®