n NISM Certifications
X NISM Series X
Medium

To raise the corpus of an AIF, the capital is raised through issuing what?

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. A

    Prospectus under ICDR regulations

  2. B

    SEBI-vetted Offer Document

  3. Private Placement Memorandum (PPM) as per SEBI (AIF) regulations

    Correct answer

  4. D

    Advertisement in newspapers

Why this is the answer

AIFs raise funds through private placement, documented via a PPM containing all relevant details.

Test yourself for real

Take a full NISM Series X mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.