NISM Series XIX-E (Cat III AIF)
NISM Series XIX-E Alternative Investment Fund Managers (Cat III)
Fee Structure And Fund PerformanceEnglish
Exam overviewPractice session
An AIF has a starting Net Asset Value (NAV) of Rs. 100 per unit. Over the year, the gross NAV increases to Rs. 125 before fees. The management fee is 2% per annum, calculated on the year-end gross NAV. What is the management fee per unit?
Loading your practice session…