NISM 10A Investment Adviser Level 1 Notes
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Professional Management: Fund managers make investment decisions based on expertise.
NAV Calculation: Net asset value reflects fund’s per-unit market value daily.
Expense Ratio: Measures fund’s operating costs, impacting net returns.
Load Fees: Entry/exit loads may apply, affecting investment costs.
Equity Funds: Invest in stocks for growth, suitable for long-term goals.
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