
NISM 19C AIF Alternative Investment Fund Manager Mock - Adv
About this course
Prepare with confidence for the NISM-Series-XIX-C: Alternative Investment Fund Managers Exam using our comprehensive online mock test series. Designed meticulously using the NISM Workbook (December 2023 edition) as reference, this test series equips learners with deep conceptual understanding and practical insights across all exam chapters.This test series includes 6 full-length mock tests built from a 1500+ question bank, covering every Test Objective and Learning Outcome prescribed by NISM. Each question is carefully crafted to enhance conceptual clarity and strengthen problem-solving skills essential for the final exam.However, the mock test questions are designed with detailed explanation to build strong conceptual foundations that will help you apply knowledge effectively in case-based questions during the actual exam.TEST OBJECTIVES & LEARNING OUTCOMES COVEREDBelow topics are fully covered across the mock tests:1.
Investments LandscapeRequired rate of returnTypes of riskMarket participantsOverview of Indian securities marketsMeaning of investments2. Types of InvestmentsTraditional & alternative investmentsEquity, fixed income, derivativesChannels of investmentRole of alternative investments in portfolio managementGrowth of AIF industry3. Informational EfficiencyMarket efficiency conceptsRandom Walk TheoryMarket anomaliesImplications on valuation & portfolio management4.
Modern Portfolio Theory (MPT)Expected returnPortfolio construction frameworkPortfolio optimization process5. Capital Market TheoryMarket and non-market riskMarket portfolioCapital Market Line6. Alternative Investment Funds in IndiaEvolution and growth of AIFsTypes & categories of AIFsSuitability to investorsAIFs vs mutual funds & traditional investmentsRole in diversification7.
AIF EcosystemKey industry conceptsCapital & sponsor commitmentDue diligence & ESGFees, expenses, lock-in, exit loadFirst close, final close, green shoe optionService providers8. AIF StructuringFund structures (onshore/offshore, master feeder, parallel structures)Pooling principlesBuyout transactionsComparative analysis9. Fee Structure & Fund PerformanceHurdle rate, high-water mark, carry, clawbackReturn metrics: gross vs netRisk-return metricsRole of taxationEvaluation of fund performance10.
Indices & BenchmarkingStock & bond market indicesComposite indicesIndex methodologiesMSCI India indicesPerformance benchmarking11. Investment Strategies & GovernanceCategory-wise AIF strategiesInvestment processCo-investmentsBest practices & governanceConflict of interest management12. Fund Due Diligence – Investor PerspectiveManager evaluation & selectionKey Man clauseConflict of interest mitigationDue diligence documents & questionnaire13.
Legal Documentation & NegotiationsPPM, trust deed/LLP deed, investment management agreementSubscription agreementsInvestor charterWrapper & support service agreements14. ValuationEquity & business valuationFixed income valuationDCF & comparable multiplesNAV calculationsRole of third-party valuersTechniques for AIF portfolio valuation15. Fund Monitoring, Reporting & ExitReporting frameworkMonitoring fund performanceExit optionsSecondary exitsWinding up and liquidation16.
TaxationTaxation of Category I, II & III AIFsSet-off, carry forward of lossesGAAR, MLI17. Regulatory FrameworkSEBI (AIF) Regulations, 2012Foreign investments & FEMA frameworkFATCA & CRSInvestment conditions, disclosures & reportingAccredited investor frameworkMarket surveillanceFPI & ICDR regulationsWhat You Will Learn1500+ exam-oriented questions covering each NISM learning objectiveDetailed explanations for all correct answersEach question tagged with chapter number for quick recall and better retentionExplanation of covered learning outcome to reinforce understandingRequirementsNo prerequisites required.This mock test is ideal for anyone preparing for the NISM-Series-XIX-C: Alternative Investment Fund Managers Certification.Who Should EnrollAIF Managers & investment team membersProfessionals employed/engaged in AIF schemesStudents seeking advanced knowledge of AIFsMBA Finance studentsPMS service providersStock market professionalsFund managers & investment managersInvestment bankersFinancial market professionals
Skills you'll gain
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Course Information
Level: Intermediate
Suitable for learners at this level
Duration: Self-paced
Total course content
Instructor: Dr. Aniruddh Sahai, Ph.D. (Finance)
Expert course creator
This course includes:
- 📹Video lectures
- 📄Downloadable resources
- 📱Mobile & desktop access
- 🎓Certificate of completion
- ♾️Lifetime access
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