n NISM Certifications
X NISM Series X
Medium

What records must the Sponsor/Manager of an AIF maintain?

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

    Valuation policies and practices

  2. B

    Details of assets under the scheme

  3. C

    Details of investors and their contributions

  4. All of the above

    Correct answer

Why this is the answer

They must maintain comprehensive records including valuation, assets, and investor contributions for at least five years after winding up.

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