n NISM Certifications
NSM General NISM
Medium

An HNI wants exposure to venture capital and angel investing opportunities. Which AIF category is most relevant?

Practice question from CWM A B1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Category I AIF

    Correct answer

  2. B

    Category II AIF

  3. C

    Category III AIF

  4. D

    Traditional Mutual Fund

Why this is the answer

Category I AIFs commonly include venture capital, angel funds, and infrastructure-focused investment strategies.

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