NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
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Risk Tolerance: Shapes equity allocation in portfolios.
Fixed Income Securities: Provide predictable returns, e.g., bonds, debentures.
Government Securities: Issued by central/state governments, nearly risk-free.
Public Sector Bonds: Issued by government-owned entities, low risk.
Corporate Bonds: Higher yield but carry credit risk compared to government bonds.
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