NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
Page 96 Of 122
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Due Diligence: Critical for selecting competent portfolio managers.
Valuation Agencies: Ensure fair valuation of debt and money market securities.
Portfolio Manager Responsibility: Ensures accurate performance reporting.
Gross Return: Performance before fees and taxes.
Net Return: Performance after deducting fees and taxes.
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