NISM X Taxmanns Category I and II Alternative Investment Fund Managers Covering the Full AIF LifecycleStructuring | Governa

Category I And Ii Alternative Investment Funds Managers Workbook Builds Foundational Clarity On The Investment Landscape And Alternative Assets, Then Advances Into The Full Aif LifecycleFund Structuring, Governance, Valuation, Monitoring/Reporting, Taxation, And The Sebi/Fema/Pmla Regulatory EnvironmentSo Readers Develop The Precise Knowledge, Judgment, And Compliance Mindset Expected Of Aif Managers And Their Investment Teams.This Book Is Intended For The Following Audience: Category I & Ii Aif Managers And Their Key Investment Team Members Operations, Compliance, Risk, And Reporting Professionals In Aifs, Trusteeships, Administrators, And Custodians Valuation Analysts, Consultants, Lawyers, Accountants And Other Service Providers To Aifs Students And Job Aspirants Pursuing Careers In Private Markets And Preparing For The NismSeriesXixD Examinationthe Present Publication Is The April 2025 Workbook Version. It Is Developed In Collaboration With The Certification Team Of Nism, Archit Lohia, Pratap Giri And Dr Rachana Baid And Reviewed By Biharilal Deora. It Is Published Exclusively By Taxmann, With The Following Noteworthy Features: [ExamAligned Content] Maps Closely To The XixD Syllabus And Weightages; Includes Mcqs And Caselets For Realistic Practice [Lifecycle Coverage] From Fund Design And Investor Documentation To Valuation Policy, Performance Benchmarking, Reporting, Exits, And WindingUp [Governance & Conduct] Clear Treatment Of Conflict Management, Code Of Conduct, CoInvestments, And Industry Best Practices [Performance & Benchmarking] Practical Return Measures (Pre/PostTax), Hurdle, HighWater Mark, And Benchmarking Frameworks With Worked Examples [Valuation Depth] Equity, Debt, Business, AssetBased, Dcf, And Multiples; Role Of Registered Valuers; Nav And Fund Valuation Approach [Regulatory Understanding] Sebi (Aif) Regulations 2012 And Related Frameworks (Fema, Pmla, Sebi Pit, Pfutp, Icdr, Fatca/Crs), Including Registration, Eligibility, Investment Conditions, Obligations, Disclosures, Surveillance [Clarity And Pedagogy] Lucid Explanations, Annexures, A Glossary, And Chapter Organisation That Support Quick Revisionthe Coverage Of The Book Is As Follows: Section A Basics Of Investmentso Investment Objectives, Required Return, And The Role Of Alternative Assets Alongside Traditional Instruments Section B Understanding The Aif Ecosystemo Evolution And Growth Of Aifs In India; Category Comparisons And Suitabilityo Fund Structuring And Pooling, Trust/Llp/Company Forms, Fee Structures (Management Fees, Hurdle, Hwm)O Performance & Benchmarking Risk Types, Return Measures, Benchmarking Agencies, And A Worked Caseo Legal Documentation & Negotiations Ppm, Trust/Llp/Company Constitutions, Ima, Subscription Agreements, Wrappers, And Support Agreements Section C Managing Aif Investments (Category I & Ii)O Investment Strategies And Deployment Approacheso Deal Sourcing, Due Diligence, Definitive Agreements, And Investor Protection Rightso Governance, Conflict Management, Human Capital, CoInvestments, Codes Of Conduct, And Best Practiceso Valuation Of Portfolio Companies And Funds; Nav, Regulations, And ThirdParty Valuer Roleso Monitoring, Reporting, Exits (Including Secondary Processes), WindingUp, Liquidation Schemes, And Dissolution Period Section D Taxation & Regulatory Frameworko PassThrough, SetOff/CarryForward, Gaar, Mli, And Other Applicable Taxes With Illustrationso Sebi (Aif) Regulations 2012 Registration, Sponsor/Manager Commitment, Investor OnBoarding, Demat Of Units, Investment Conditions, Obligations, Inspections, Periodic Disclosures, Due Diligenceo Fema Foreign Participation In Aifs And Overseas Investments By Aifso Pmla And Other Sebi Regulations Relevant To Aif Operations; Fatca/Crs Reportingthe Structure Of The Book Is As Follows: Logical FourPart Flow Concepts Ecosystem & Structures Investment Management (Cat I/Ii) Tax & Regulations ChapterWise Learning Path With Annexures (E.G., Benchmarking And Documentation) And A Comprehensive Glossary For LastMile Revision Assessment Blueprint Alignment Ensures Study Time Is Allocated Where Marks Concentrate