NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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  • Factor Overcrowding: Can reduce effectiveness of factor-based strategies.
  • Client Communication: Regular updates on portfolio performance.
  • Risk Management: Mitigates losses through diversification and hedging.
  • Portfolio Stability: Achieved through SAA’s predefined allocation.
  • Investment Constraints: Include liquidity, tax, and regulatory limits.

NISM PMS Distributors ( NISM 21A )

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