NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
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Portfolio Valuation: Uses standardized methods for debt and securities.
Transaction Reporting: Provided to clients with details of commissions.
Time-Weighted Return (TWRR): Measures portfolio performance consistently.
Regulatory Compliance: Adherence to SEBI’s operational guidelines.
Client Agreement: Outlines investment terms, fees, and withdrawal rights.
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