NISM Series XVII: Retirement Adviser Certification Examination Notes
Page 44 Of 110
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Nomination Rules: Nominees must be family members; non-family nominations are invalid.
KYC Requirements: Aadhaar or other documents are needed for account opening.
Investment Caps: Equity exposure is capped at 75% under Active Choice.
Lifecycle Funds: LC75, LC50, and LC25 adjust allocations based on age.
Fund Performance: Returns depend on asset class performance and market conditions.
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