NISM PMS Distributors ( NISM 21A ) Certification Exam Notes

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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.

NISM PMS Distributors ( NISM 21A )

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