NISM Series V A: Mutual Fund Distributors
NISM Series V A: Mutual Fund Distributors
NISM Series V A: Mutual Fund Distributors
The examination seeks to create a common minimum knowledge benchmark for all persons involved in selling and distributing mutual funds including:
• Individual Mutual Fund Distributors
• Employees of organizations engaged in sales and distribution of Mutual Funds
• Employees of Asset Management Companies specially persons engaged in sales and distribution of Mutual Funds
The certification aims to enhance the quality of sales, distribution and related support services in the mutual fund industry.
Target Audience
The following persons can take NISM-Series-V-A: Mutual Fund Distributors Certification Examination:
1. Associated persons including distributors, agents, brokers, sub-brokers or called by any other name, employed or engaged or to be employed or engaged in the sale and/or distribution of mutual fund products.
2. Interested students/professionals
3. Any other individuals
Prerequisite for the exam
There are no prerequisites required for NISM Series V A: Mutual Fund Distributors Exam.
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the basics of mutual funds, their role and structure, different kinds of mutual fund schemes and their features
• Understand how mutual funds are distributed in the market-place, how schemes are to be evaluated, and how suitable products and services can be recommended to investors and prospective investors in the market.
• Get oriented to the legalities, accounting, valuation and taxation aspects underlying mutual funds and their distribution.
• Get acquainted with financial planning as an approach to investing in mutual funds, as an aid for mutual fund distributors to develop long term relationships with their clients.
Exam Format and Information
Exam Name NISM Series V A: Mutual Fund Distributors | Exam Code 0 |
| Exam Duration 120 mins | Exam Format Multiple Choice |
| Exam Type 0 | Number of Questions 100 Questions |
| Validity 3 Years | Exam Fee Rs 1500 |
| Exam Language English | Pass Score 50% and above |
NISM Series V A: Mutual Fund Distributors FAQs
What number of questions will there be in the exam?
There will be 100 questions in the exam.
Is there any assistance from Testprep Training in terms of exam preparation?
Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
How the exam scores are calculated?
After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.
Can we try the free test before purchasing the practice exam?
Yes testprep training offers free practice tests for the NISM Series V A: Mutual Fund Distributors exam which can be used before the final purchase for complete test.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.
Does Testprep Training offer Money Back Guarantee for the Exam Simulator?
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not the NISM Series V A: Mutual Fund Distributors exam cost.
Do TestprepTraining provide practice set questions NISM Series V A: Mutual Fund Distributors Exam?
TestprepTraining provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.
What variety of questions appears in the exam?
There will only be multiple-choice and multi-response questions covered in the exam.
What is NISM Series V A: Mutual Fund Distributors Exam?
The examination seeks to create a common minimum knowledge benchmark for all persons involved in selling and distributing mutual funds including:
• Individual Mutual Fund Distributors
• Employees of organizations engaged in sales and distribution of Mutual Funds
• Employees of Asset Management Companies specially persons engaged in sales and distribution of Mutual Funds
The certification aims to enhance the quality of sales, distribution and related support services in the mutual fund industry.
What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the basics of mutual funds, their role and structure, different kinds of mutual fund schemes and their features
• Understand how mutual funds are distributed in the market-place, how schemes are to be evaluated, and how suitable products and services can be recommended to investors and prospective investors in the market.
• Get oriented to the legalities, accounting, valuation and taxation aspects underlying mutual funds and their distribution.
• Get acquainted with financial planning as an approach to investing in mutual funds, as an aid for mutual fund distributors to develop long term relationships with their clients.
What is the assessment structure?
The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 50%. There shall be no negative marking.
How do I renew my certificate?
To renew your current certificate, you need to appear for NISM CPE for Mutual Fund Distributors or successfully pass the NISM Mutual Fund Distributors Certification Examination before the expiry of such certificate.
What is the passing score of the exam?
The candidate has to secure 50% in order to pass the exam.
What is the fee structure of the exam?
The fees NISM Series V A: Mutual Fund Distributors Exam is Rupees One Thousand Five Hundred only (Rs. 1500/-).
Is there any prerequisite for the exam?
There are no prerequisites required for NISM Series V A: Mutual Fund Distributors Exam.
How many questions will be there in the exam?
There will be 100 questions which have to be completed in 120 minutes.
Who are the intended audience for the exam?
The following persons can take NISM-Series-V-A: Mutual Fund Distributors Certification Examination:
1. Associated persons including distributors, agents, brokers, sub-brokers or called by any other name, employed or engaged or to be employed or engaged in the sale and/or distribution of mutual fund products.
2. Interested students/professionals
3. Any other individuals