Options
- A
True
-
False
Correct answer
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X NISM Series X
Medium
#NISM XIX A for AIF Distributors
The corpus of an AIF scheme cannot be raised from the public through a New Fund Offering (NFO) of units similar to mutual funds. Instead, they raise capital via private placements through an information memorandum or placement memorandum, making the statement false.
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.