n NISM Certifications
X NISM Series X
Medium

Which of these can be a red flag during due diligence of an AIF? (A) Co-investment facility not offered (B) First close delayed unjustifiably (C) Management fee is high but team is competent (D) Previous investors are not investing in the current scheme

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A and B only

  2. B

    A and D only

  3. B and D only

    Correct answer

  4. D

    C and D only

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

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