NISM 21B Portfolio Managers Exam Notes

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  • Efficient Frontier: Portfolios with max return for risk.
  • Portfolio Optimization: Selects best risk-return mix.
  • Expected Return Formula: Sum of weighted asset returns.
  • Portfolio Variance: Includes variances, covariances.
  • Risk Reduction: Achieved via low/negative correlations.

NISM 21B Portfolio Managers

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