NISM Professor

Phased redemption

Selling a holding in instalments rather than in one transaction, so the whole corpus is not realised at a single unlucky price.

This one is not written up yet

The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.

Written up from the same chapter

Where this is taught

Free preparation for NISM Series XVII
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