NISM Series XIX-D
NISM Series XIX-D Alternative Investment Fund Managers (Cat I and II)
Aif Fees And ExpensesEnglish
Exam overviewPractice session
An AIF charges a management fee of 2.0% per annum on committed capital. An investor commits ₹10 Crores to the fund. In Year 1, only 40% of the capital is called and drawn down. What is the management fee allocated to this investor for Year 1?
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