video1.0<iframe src="https://www.loom.com/embed/a37a0e587dc9492d9939662251969c30" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/a37a0e587dc9492d9939662251969c30-fffdea2635924698.jpg472.433In this video, I explain the structure of Alternative Investment Funds (AIF) using a diagram from the NISM textbook. I detail the entities involved, such as AIF, investment management company, trustee, and sponsor, emphasizing the importance of direct agreements with service providers. I also discuss the differences between open-ended and closed-ended funds, highlighting key features and recent changes. No specific action is requested from viewers.