Professional Online Mock Tests and Comprehensive Study Material for NISM Exams

Master the NISM XIX-C AIF Managers Exam: Live Online Classes with Industry Experts


Govind Thangwal

11th November 2025

I have cleared my NISM 19 C AIF fund manager exam through their modules and their live classes. So it helped me a lot in terms of caselets where there are many case studies and they explained very well in their live classes and through that I was able to clear my NISM 19 C exam.

Fund Manager - Greater Noida

★★★★★
Read More Testimonials

The Indian Alternative Investment Fund (AIF) industry is witnessing explosive growth. With Assets Under Management (AUM) projected to surpass ₹10 Lakh Crore by the end of 2025, driven by a surge in Venture Capital, Private Equity, and sophisticated Hedge Fund strategies, the demand for qualified professionals has never been higher. This is the new frontier of high-finance in India which is complex, dynamic, and incredibly rewarding.

But entry into this elite domain requires a level of expertise far beyond traditional asset management. The NISM Series XIX-C: Alternative Investment Funds Managers Certification is the SEBI-recognised benchmark, a rigorous examination designed to test your deep understanding of fund structures, complex regulations, valuation techniques, and risk management specific to AIFs (Category I, II, and III).


Are you finding the NISM XIX-C syllabus challenging? Struggling with:

  • The intricate SEBI (AIF) Regulations, 2012?
  • Complex concepts like fund structuring, PPMs, and carried interest?
  • Valuation methodologies for unlisted securities?
  • Distinguishing between the strategies of VC, PE, and Hedge Funds?
  • The pressure of a case-study heavy exam with negative marking?

You are not alone. This is widely considered one of the toughest NISM certifications. Self-study often leads to conceptual gaps and a lack of confidence in applying the knowledge.

This is where we come in.

Welcome to the definitive online NISM 19C classes by NISMExams.in — your structured, expert-led path to conquering the AIF Managers exam. We have designed the most comprehensive, interactive, and results-oriented online NISM Alternative Investment Fund Managers course in India, built specifically for ambitious professionals like you.

NISM Series-XIX-C:Alternative Investment Funds Managers Cert.

Course Duration:25-30 hours

Course Fee - ₹30,000 - ₹40,000
  • Mode: 100% Live Online Classes
  • Faculty: Industry Experts with 15+ years of experience
  • Session Type: Case studies + Q&A Live Discussion
  • Study Material: 2025 Updated Notes
  • Mock Tests: Included with detailed explanations

Why Choose Our Live Online NISM XIX-C Classes? Go Beyond Theory, Master the Application.

We understand that passing the NISM XIX-C exam requires more than just memorising the workbook. It demands a deep, intuitive understanding of how AIFs operate in the real world. Our program is meticulously designed to bridge that gap.

Industry Expert-Led Batches (15+ Years of Experience)

Learn directly from those who live and breathe AIFs. Our instructors are not just academicians they are seasoned industry professional fund managers, investment bankers, compliance heads, and legal experts - each with over 15 years of hands-on experience in the Venture Capital, Private Equity, or Hedge Fund space. They bring invaluable real-world insights, practical examples, and war stories that you simply cannot find in any textbook. They teach you the syllabus and the market reality.

Flexible Learning Schedule (Designed for Professionals)

We know your time is valuable. Our online NISM AIFM classes are structured for maximum flexibility without compromising on quality:

  • Weekdays and Weekend Batches: Choose a schedule that aligns with your work commitments.
  • Multiple Timings: With 3 live batches running every week, you can select a convenient morning, evening, or weekend slot.
  • Focused Learning Sessions:Each class is an intensive 1 hour 30 minutes, ensuring deep engagement and optimal knowledge retention.
  • Comprehensive Coverage:The entire NISM XIX-C syllabus is covered in a structured 25–30-hour course duration, ensuring thorough preparation.

Unparalleled Handholding Support (Until You Pass!)

Your success is our commitment. We offer unique support guarantees:

  • First Attempt Success Focus:Our entire methodology is geared towards helping you clear the exam on your first try.
  • Attend Unlimited Batches:We provide handholding support until you clear your NISM exam. If you are unsuccessful after completing our course, you can re-attend our live classes in subsequent batches for revision and support, absolutely free. We are your partners in this journey.

Interactive, Case Study Driven Learning

Forget boring, one-way lectures. Our sessions are dynamic and engaging:

  • Case Studies + Q&A Live Discussion: This is the core of our approach. We deconstruct complex, real-world AIF scenarios (fund structuring, due diligence, regulatory compliance) live in class. You participate, ask questions, and learn by applying concepts.
  • Instant Doubt Resolution:Have a query during the class? Unmute and ask directly. Get immediate clarification from the expert instructor.
  • Small Batch Sizes: We ensure personalised attention by keeping our batches small, fostering a collaborative learning environment.

Complete Learning Ecosystem (Beyond Live Classes)

Your enrolment gives you access to a full suite of premium resources:

  • 2025 Updated Notes:Get our proprietary Quick Revision Notes & Key Concepts, meticulously updated for the latest NISM syllabus and regulatory changes.
  • Comprehensive Mock Tests Included:Gain access to our highly-rated NISM XIX-C Mock Test series, featuring updated questions with in-depth explanations. Practice in a real exam environment.
  • Real Case Study Questions:Our mock tests and class discussions are packed with realistic case study questions, mirroring the actual exam's complexity.
  • Free Demo Exam Available:Experience the quality of our questions and platform before enrolling.

Deconstructing the AIF Universe: Our Curriculum Highlights

Our online NISM 19C certification course provides exhaustive coverage of the NISM syllabus, translating complex topics into understandable, applicable knowledge.

Key Areas We Master Together:

  • The AIF Regulatory Landscape: A deep dive into the SEBI (AIF) Regulations, 2012, including registration requirements, operating guidelines, compliance mandates, and recent amendments. We simplify the legalese into practical takeaways.
  • Fund Structures & Key Documents: Understanding different fund structures (Trusts, LLPs, Companies), the critical role of the Private Placement Memorandum (PPM), contribution agreements, and term sheets.
  • Category Deep Dive (I, II, III): Mastering the nuances, investment conditions, and strategies specific to Venture Capital, Private Equity, Infrastructure Funds, Real Estate Funds, Debt Funds, and Hedge Funds.
  • Valuation Methodologies: Learning how to value unlisted securities and portfolio companies using various techniques (DCF, Comparable Company Analysis, Precedent Transactions).
  • Fund Operations & Administration: Understanding the roles of the Fund Manager, Sponsor, Trustee, Custodian, and Administrator.
  • Taxation of AIFs: Demystifying the complex tax implications for the fund and its investors, including the crucial concept of "pass-through" status for Category I & II funds.
  • Performance Measurement & Reporting: Calculating key metrics like IRR, DPI, RVPI, TVPI, and understanding reporting standards.
  • Risk Management in AIFs: Identifying and mitigating operational, investment, compliance, and cyber risks specific to the AIF industry.
  • Who Should Enrol in this Elite Online NISM AIFM Course?

    This rigorous program is specifically designed for professionals aiming to build or advance their careers within the Alternative Investment Fund ecosystem:

    • Aspiring Fund Managers: Seeking the mandatory NISM XIX-C certification.
    • Investment Team Members: Analysts, Associates, and Principals in VC, PE, or Hedge Funds.
    • Compliance & Operations Professionals: Working within AIFs or fund administrators.
    • Wealth Managers & Investment Advisors: Looking to advise HNI clients on AIF products.
    • Legal & Finance Professionals: Working with AIFs as consultants or service providers.
    • Serious MBA (Finance) Students: Aiming for a high-impact career in alternative investments.
    • Our Instructors: Seasoned Industry Professionals

      Our faculty comprises industry professionals who are leaders in their respective fields. They bring a wealth of practical experience from top-tier AIFs, investment banks, and consulting firms. They are passionate about mentoring the next generation of AIF leaders and provide:

      • Deep Domain Expertise: Unmatched understanding of AIF structures, strategies, and regulations.
      • Practical, Real-World Insights: Connecting theory to the realities of the market.
      • Exam-Focused Guidance: Proven strategies to tackle the specific challenges of the NISM XIX-C exam.
      • Take the Decisive Step Towards Your AIF Career

        The Alternative Investment Fund industry is defining the future of finance in India. It is a field that demands the highest levels of expertise, integrity, and strategic thinking. The NISM Series XIX-C certification is your essential key to unlocking this exclusive world.

        Stop struggling with complex regulations and dense theoretical concepts on your own. Join our Live Online NISM XIX-C Classes and gain the expert guidance, structured learning, and practical skills you need to pass your exam on the first attempt and accelerate your career trajectory.

        Invest in your future. Enroll in India's leading online NISM 19C classes today.

        Ready to Master the NISM XIX-C Exam and Enter the World of AIFs?

        Know more on our upcoming batch schedules and secure your spot in our expert-led program.

        Experience Our Quality Firsthand: Take Your Free NISM XIX-C Demo Exam Now

        Have More Questions About Our Online NISM AIFM Classes? Contact Our Expert +91 7518147771

        Frequently Asked Questions – NISM Live Online Classes

        Yes, for key personnel. SEBI mandates that the Chief Executive Officer (or Managing Partner), the Chief Investment Officer, and Compliance Officer of an AIF Manager must obtain this certification. It is also highly recommended and often required by employers for other investment team members.

        NISM XIX-C is the comprehensive certification covering all three categories of AIFs (Category I - VC/Infra/SME, Category II - PE/Debt/Real Estate, and Category III - Hedge Funds). NISM XIX-D is a specialised certification focusing only on Category I & II AIFs. This course specifically prepares you for the broader NISM XIX-C exam.

        Our course is intensive and highly focused. Our expert instructors leverage their deep knowledge to concentrate on the most critical, high-weightage topics and complex areas where students typically struggle. We use efficient teaching methodologies, including case studies and interactive Q&A, to maximise learning within the structured timeframe. The included revision notes further consolidate the learning.

        While the NISM XIX-C syllabus is advanced, our course is designed to build understanding from the ground up. We start with the fundamentals of the AIF structure and regulations before moving to more complex topics. However, a basic understanding of financial markets (covered in foundational NISM exams or a finance degree) is generally recommended for this advanced certification.

        Yes, understanding carried interest is a crucial part of the syllabus and our course. We dedicate specific time to explaining how it works, including concepts like the hurdle rate, catch-up clauses, and waterfall distributions, often using numerical examples and case studies similar to those found in the online NISM 19C certification course mock tests.

        Our real case study questions cover a wide range of practical scenarios an AIF manager faces, including:

        • Evaluating a Private Placement Memorandum (PPM).
        • Conducting due diligence on a potential investment.
        • Structuring a fund and calculating fees.
        • Addressing regulatory compliance issues.
        • Valuing unlisted portfolio companies.

        We pride ourselves on providing the most current information. Our course content, quick revision notes, and the updated questions in our NISM XIX-C Mock Test series are meticulously reviewed and revised to reflect the latest SEBI regulations, market practices, and the official NISM syllabus for 2025.

        After the live sessions, your preparation journey continues with our handholding support. You will have access to class recordings for revision, our comprehensive question bank and mock tests for practice, and ongoing doubt-clearing support from our team until you successfully clear your NISM exam.

        Yes, while the primary interaction is with the instructor, our live online platform allows for interaction among students through chat functionalities. The small batch sizes often foster a collaborative learning environment where students can discuss concepts and learn from each other's perspectives.

        Our unique combination of highly experienced industry professionals as instructors, a flexible yet structured curriculum focused on real case studies, comprehensive and updated study materials (including top-rated mock tests), and our unparalleled handholding support until you pass makes us the most effective and reliable partner for your NISM XIX-C success.

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