NISM Series-V-C: Mutual Fund Distributors (Level 2) FAQs

 What is the fee structure?

The fees for NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination is Rupees One Thousand Seven Hundred seventy only (Rs. 1770/-), inclusive of service taxes.

Is there any Eligibility Criterion for the Mutual Fund Distributors ( Level 2) Exam?

There is no Eligibility Criterion for the exam.

Is there a study material available for preparing for this examination?

You will receive a soft copy of the workbook/study material after enrolment for the examination

 Do I have to pay for the study material?

You will receive a soft copy of the workbook/study material free of cost after enrolment for the examination. Candidate can buy NISM workbooks online through Taxmann Publications Private Ltd.

 I have passed NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination. When will I receive the certificate?

Only the candidates who have produced their Income Tax Permanent Account Number (PAN) during registration would receive the NISM Certificate within two weeks of appearing for the examination. Candidates who produced other identification proofs would not receive the NISM certificate. They would receive only the temporary mark sheet at the end of the examination.

 I have not provided my PAN information at the time of taking the certification examination. How do I obtain the certificate?

Candidates who have not provided their PAN information during registration may furnish their PAN details to the Test Administrator they have registered with any time after taking the examination.  After receiving and verifying PAN details, the candidate will receive the certificate from the Test Administrator they have registered with.  No additional payments are necessary for obtaining the certificate.

I have passed NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination and also provided PAN details. However, I have not received the certificate. Whom should I contact?

For non-receipt of certificate contact the test administrator, you have registered with for this examination

How do I renew my certificate?

To renew your current certificate, you need to appear for NISM CPE for Mutual Fund Distributors (Level 2) or successfully pass the NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination before the expiry of such certificate.