NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
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Smart Beta Funds: Combine passive and active strategies for better risk-adjusted returns.
Value Factor Funds: Focus on stocks with low P/E or high dividend yields.
Momentum Factor Funds: Invest in stocks with strong recent performance.
Low Volatility Funds: Target stable stocks to minimize risk during market downturns.
Mutual Fund Benefits: Offer professional management, liquidity, and affordability.
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