NISM 10A Investment Adviser Level 1 Notes

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  • Market Growth: AIFs expanding due to demand for alternative asset classes.
  • Modern Portfolio Theory (MPT): Framework for constructing portfolios to maximize return for a given risk.
  • MPT Assumptions: Investors are rational, markets are efficient, and returns follow a normal distribution.
  • Risk-Averse Investor: Prefers lower risk for a given return level.
  • Risk-Seeking Investor: Willing to accept higher risk for potential higher returns.

NISM 10A NISM Investment Adviser Level 1

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