NISM Professor
NISM Series XIX-E

Category III Alternative Investment Fund Managers

For managers of Category III AIFs — hedge-fund style strategies using leverage and derivatives.

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

Weightages are taken from the official syllabus table published in the NISM workbook, so you can see exactly where the marks are.

  1. 1Investment Landscape3%
  2. 2Types of Investments Introduction to Modern Portfolio Theory and Capital Market Theory3%
  3. 3INTRODUCTION TO MODERN PORTFOLIO THEORY AND CAPITAL0%
  4. 4AIFs in India & its Suitability3%
  5. 5AlF Ecosystem5%
  6. 6AIF Structuring10%
  7. 7Fee Structure and Fund Performance10%
  8. 8Indices and Benchmarking4%
  9. 9Legal Documentations and Negotiations8%
  10. 10Investment Strategies12%
  11. 11Governance of Funds and Due Diligence7%
  12. 12Valuation10%
  13. 13Fund Monitoring, Reporting and Exit10%
  14. 14Taxation8%
  15. 15Regulatory Framework10%

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Frequently asked questions

What is the passing mark for NISM Series XIX-E?
You need 60% to pass NISM-Series-XIX-E: Category III Alternative Investment Fund Managers. On a 100-mark paper that is 60 marks.
Is there negative marking in NISM Series XIX-E?
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-E exam?
The exam runs for 120 minutes and carries 100 marks in total.
How long is the NISM Series XIX-E 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.