NISM 21B Portfolio Managers Exam Notes

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  • Fee Structure: Fixed, performance-based, or hybrid.
  • Exit Load: Charged for early withdrawal.
  • Transaction Costs: Brokerage, taxes, custodial fees.
  • Custodian Services: Mandatory for securities safekeeping.
  • Client Reporting: Monthly/quarterly portfolio statements.

NISM 21B Portfolio Managers

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