n NISM Certifications
X NISM Series X
Medium

The correct statement regarding 'Co-Investments' is that they are made through a Co-investment Portfolio Manager as specified under SEBI regulations, and the terms of exit are aligned with those of the main fund.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Co-investment by investors of Category I AIF will be through a Co-investment Portfolio Manager as specified under SEBI (Portfolio Managers) Regulations

    Correct answer

  2. B

    The terms of exit from the Co-investment in an investee company shall be different for the investor and a Category I AIF.

Why this is the answer

Co-investments are executed through designated portfolio managers, and exit terms are generally aligned to ensure fairness.

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