NISM 21B Portfolio Managers Exam Notes
Page 137 Of 168
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Passive Management: Tracks benchmarks, minimizes decisions.
Active Management: Outperforms benchmarks via selection.
Passive Strategies: Index tracking, buy-and-hold.
Index Tracking: Replicates index, e.g., NIFTY 50 ETF.
Buy-and-Hold: Maintains initial portfolio.
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