Highlight

The following salient characteristics of NISM Certification Examination XIX-A Alternative Investment Funds (Categories I and II) Distributors:

• Understand the Fundamentals of the Alternative Asset Class and the Indian Markets for Alternative Investment Funds (Categories I and II).
• Know the following in depth:    
  • Broad ideas that are common throughout the AIF sector
  • AIFs' structure, governance features, risk-return relationship, investment process, monitoring, and exit options
  • The significance of legal papers, negotiating abilities, and fund due diligence in addition to investors' evaluation of risk and return
  • The AIFs' valuation procedures and methods for their investee companies
  • Different tax implications for the fund and its investors
  • The function and behavior of distributors in providing investor service

• Recognize the regulatory framework that governs the operations of AIFs (Categories I and II) in India.

Sample Paper

Objective

• Personnel working for companies in the equity derivatives market area are required to hold this NISM certification. The purpose of the exam is to give students the information and abilities necessary to operate in the alternative investment sector of the market.
• It seeks to provide higher caliber investment services and improve the caliber of sales and distribution.
• Aims to establish a uniform minimum knowledge standard for individuals operating as distributors or placement agents in the alternative investment fund industry in India.
• General Concepts that are common throughout the AIF sector, governance features, risk-return relationship, investment process, monitoring, and exit options.