NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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  • Liquidity Needs: Influence choice of easily tradable assets like stocks or mutual funds.
  • Financial Intermediaries: Include brokers, advisers, and distributors facilitating transactions.
  • Investment Decision Factors: Include risk tolerance, income needs, and market conditions.
  • Securities Definition: Transferable financial instruments like equities, bonds, and derivatives.
  • Portfolio Diversification: Balances risk and return through varied asset allocation.

NISM PMS Distributors ( NISM 21A )

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