n NISM Certifications
X NISM Series X
Medium

In a pure domestic AIF structure, all stakeholders—including sponsors, investors, and the fund manager—must be residents of India, ensuring compliance with Indian regulations and simplifying legal and tax processes.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Sponsors and investors resident, fund offshore

  2. B

    Fund incorporated in India/offshore but registered in India

  3. C

    Offshore investors, fund resident in India

  4. All stakeholders must be residents of India

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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