NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
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ReIT Advantages: Provide inflation hedge and steady rental income.
InvIT Benefits: Enable investment in infrastructure with stable cash flows.
AIF Characteristics: High minimum investment (Rs. 1 crore), suited for HNIs.
Mutual Fund Structure: Comprises sponsor, trustee, and asset management company.
ReIT Structure: Includes trustee, sponsor, and investment manager for operations.
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