NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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  • Risk-Return Tradeoff: Higher returns typically involve higher risks.
  • Client Goals: Drive the portfolio management process.
  • IPS Updates: Revised periodically to reflect changing client needs.
  • Economic Analysis: Considers macroeconomic factors for allocation.
  • Sector Exposure: Limited by SEBI regulations in PMS agreements.

NISM PMS Distributors ( NISM 21A )

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