NISM Professor
NISM Series XIX-D

Category I and II Alternative Investment Fund Managers

For managers of Category I and II AIFs — venture capital, infrastructure and private equity style funds.

Exam pattern

Duration
120 min
Total marks
100
Pass mark
60% (60)
Negative marking
25%

There is negative marking of 25% of the marks for that question, so a wrong answer costs you 0.25 marks on a 1-mark question. Guess only when you can eliminate at least two options.

Syllabus and chapter weightage

Chapter weightages below are evenly distributed — this workbook does not publish a per-chapter table in a machine-readable form. Treat them as indicative.

  1. 1Investments Landscape7%
  2. 2Types of Investments7%
  3. 3Alternative Investment Funds in India and its Suitability7%
  4. 4Alternative Investment Funds Ecosystem7%
  5. 5Alternative Investment Fund Structuring7%
  6. 6Fee Structure of AIFs7%
  7. 7Fund Performance and Benchmarking of AIFs7%
  8. 8Legal Documents and Negotiations7%
  9. 9Investment Strategies7%
  10. 10Investment Process and Governance of Funds7%
  11. 11Valuation7%
  12. 12Fund Monitoring, Reporting and Exit7%
  13. 13Taxation7%
  14. 14Regulatory Framework7%

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Frequently asked questions

What is the passing mark for NISM Series XIX-D?
You need 60% to pass NISM-Series-XIX-D: Category I and II Alternative Investment Fund Managers. On a 100-mark paper that is 60 marks.
Is there negative marking in NISM Series XIX-D?
There is negative marking of 25% of the marks for that question, so a wrong answer costs you 0.25 marks on a 1-mark question. Guess only when you can eliminate at least two options.
How long is the NISM Series XIX-D exam?
The exam runs for 120 minutes and carries 100 marks in total.
How long is the NISM Series XIX-D 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.