NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
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AIF Categories: Category I (startups, social ventures), Category II (private equity), Category III (hedge funds).
Venture Capital Funds: Invest in high-growth startups and early-stage companies.
Angel Funds: Pool investments from angel investors to fund new ventures.
Social Venture Funds: Target companies with social impact, like education or healthcare.
Factor Funds: Use quantitative factors (e.g., value, momentum) for investment decisions.
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