NISM 19E Alternative Investment Fund Managers Certification Exam Notes
Page 80 Of 136
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Accredited Investors: Documentation allows relaxed terms for eligible investors.
Fund Closure: PPM outlines liquidation processes for close-ended funds.
Transparency: Mandatory disclosures ensure investor awareness of terms.
Legal Framework: Governed by Indian Trusts Act, LLP Act, or Companies Act.
Investment Strategy: PPM aligns strategy with fund objectives and regulations.
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