NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
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SEBI Oversight: Regulates mutual funds for transparency and investor protection.
Net Asset Value (NAV): Represents the per-unit value of a mutual fund, calculated daily.
Real Estate Investment Trusts (ReITs): Invest in income-generating real estate properties.
Infrastructure Investment Trusts (InvITs): Pool funds to invest in infrastructure projects.
Alternative Investment Funds (AIFs): Focus on non-traditional assets like private equity or hedge funds.
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