NISM 10A Investment Adviser Level 1 Notes
Page 100 Of 181
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Long-Term Focus: Mutual funds suit long-term wealth creation through compounding.
Portfolio Managers: Manage client investments under SEBI-regulated portfolio management services (PMS).
PMS Types: Discretionary, non-discretionary, and advisory, catering to different client needs.
Discretionary PMS: Managers make investment decisions on behalf of clients.
Non-Discretionary PMS: Clients approve investment decisions made by managers.
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NISM 10A NISM Investment Adviser Level 1
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