NISM Series XVII: Retirement Adviser Certification Examination Notes
Page 56 Of 110
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Income Orientation: Distribution-stage funds prioritize stable, income-oriented returns.
Fund Costs: Lower-cost funds enhance net returns for retirement.
Benchmark Outperformance: Funds aim to outperform benchmarks for better returns.
Risk Management: Diversification and rebalancing mitigate fund risks.
Investment Accessibility: Some funds are restricted to institutional investors.
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