NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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  • Passive Investing: Index funds and ETFs track benchmarks for low-cost exposure.
  • Active Investing: Seeks to outperform benchmarks through active management.
  • Hybrid Funds: Balance equity and debt for growth and stability.
  • Debt Funds: Focus on stable income with lower risk profiles.
  • Custodian Role: Safeguards assets and ensures compliance in ReITs/InvITs.

NISM PMS Distributors ( NISM 21A )

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