NISM 19E Alternative Investment Fund Managers Certification Exam Notes

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  • Regulatory Compliance: SEBI mandates benchmarking for performance transparency.
  • Index Providers: NSE and BSE provide key indices for Indian markets.
  • Global Indices: Used for AIFs with international exposure, e.g., NIFTY 50 USD.
  • Risk-Adjusted Returns: Benchmarked using metrics like Sharpe and Treynor ratios.
  • Index Tracking: ETFs and passive funds aim to replicate benchmark performance.

NISM 19E Alternative Investment Fund Managers

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