NISM 19E Alternative Investment Fund Managers Certification Exam Notes

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  • Performance Benchmarking: Critical for evaluating AIF risk-adjusted returns.
  • Index Eligibility: Stocks must meet liquidity and market cap criteria for inclusion.
  • Dividend Reinvestment: Total return indices account for dividends, unlike price indices.
  • Market Dynamics: Indices reflect economic trends, guiding AIF strategies.
  • Benchmark Selection: Must align with AIF’s investment strategy and asset class.

NISM 19E Alternative Investment Fund Managers

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