n NISM Certifications
X NISM Series X
Medium

The key element of fund due diligence conducted by an AIF investor is the examination of the fund’s structure and governance, which assesses whether the fund’s setup aligns with regulatory requirements and best practices.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Regulatory compliance of fund governance

  2. Separate AIF for each scheme

    Correct answer

  3. C

    Valuation report accuracy

  4. D

    SEBI regulation of sponsor entity

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

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