Alternative Investment Funds (Category III) Distributors
For distributors of Category III AIFs. Voluntary, with lighter 10% negative marking.
Exam pattern
- Duration
- 120 min
- Total marks
- 100
- Pass mark
- 60% (60)
- Negative marking
- 10%
There is negative marking of 10% of the marks for that question, so a wrong answer costs you 0.10 marks on a 1-mark question. Guess only when you can eliminate at least two options.
Syllabus and chapter weightage
Weightages are taken from the official syllabus table published in the NISM workbook, so you can see exactly where the marks are.
- 1Overview of Alternative Investments4%
- 2Growth of Alternative Investment Funds in India and Suitability of Category III AIFs 40%
- 3Introduction to Category III AIF Ecosystem12%
- 4Category III AIF: Fund Structures and Service Providers12%
- 5Regulatory Framework15%
- 6Fees Structure, Fund Performance and Benchmarking15%
- 7Category III AIF Investment Strategies and Due Diligence Process 813%
- 8Valuation12%
- 9Taxation10%
- 10Good Practices8%
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Every chapter explained in plain English, then tested at three levels, with mock exams that use this paper’s real marking rules.
Create a free accountFrequently asked questions
- What is the passing mark for NISM Series XIX-B?
- You need 60% to pass NISM-Series-XIX-B: Alternative Investment Funds (Category III) Distributors. On a 100-mark paper that is 60 marks.
- Is there negative marking in NISM Series XIX-B?
- There is negative marking of 10% of the marks for that question, so a wrong answer costs you 0.10 marks on a 1-mark question. Guess only when you can eliminate at least two options.
- How long is the NISM Series XIX-B exam?
- The exam runs for 120 minutes and carries 100 marks in total.
- How long is the NISM Series XIX-B certificate valid?
- NISM certifications are generally valid for 3 years from the date of passing, after which they must be renewed. Confirm the current position on nism.ac.in before your certificate lapses.