NISM Series XIX-A Practice Questions - NISM Series XIX-A Alternative Investment Funds (Category I And II) Distributors Certification Examination Exam

Under the SEBI (Alternative Investment Funds) Regulations, 2012, an AIF is best described as a:

Publicly offered mutual fund scheme Privately pooled investment vehicle that collects funds from investors for investing per a defined policy Listed company raising equity from retail investors Bank deposit scheme guaranteed by the RBI

Correct Answer:

Privately pooled investment vehicle that collects funds from investors for investing per a defined policy

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