NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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  • Client Reporting: Includes portfolio performance and tax details.
  • Investment Restrictions: Defined by client agreement and SEBI rules.
  • Risk Disclosure: Mandatory to inform clients of potential losses.
  • Performance Fees: Charged only on gains above high water mark.
  • Client Consent: Required for changes in investment approach.

NISM PMS Distributors ( NISM 21A )

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