NISM Series 12 Securities Markets Foundation Certification Exam Notes
Page 65 Of 93
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Solution-Oriented Funds: Target specific goals like retirement or education.
Active Management: Fund managers aim to outperform benchmarks.
Passive Management: Funds track indices, minimizing active decisions.
Index Funds: Track specific market indices like Nifty 50.
ETFs: Exchange-traded funds trade like stocks and track indices.
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