NISM 19E Alternative Investment Fund Managers Certification Exam Notes

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  • Regulatory Oversight: SEBI ensures indices meet standards for benchmarking.
  • Private Placement Memorandum (PPM): Outlines fund objectives, risks, fees, and terms.
  • Trust Deed: Legal document defining the trust structure and obligations of AIFs.
  • Contribution Agreement: Governs investor commitments and capital calls.
  • Distribution Agreement: Defines terms for fund marketing and investor onboarding.

NISM 19E Alternative Investment Fund Managers

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