NISM Series-V-A: Mutual Fund Distributors Exam

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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

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There are no prerequisites required for NISM Series V A: Mutual Fund Distributors Exam.

There will be 100 questions which have to be completed in 120 minutes.

Yes, Skilr 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.

There will be 100 questions in the exam.

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.

Yes Skilr 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.

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.

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.

Once purchased, the practice exams can be access for the lifetime.

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.

The candidate has to secure 50% in order to pass the exam.

Skilr 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.

There will only be multiple-choice and multi-response questions covered in the exam.

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.

The certificate will be valid for 3 years from the date of the examination.

The fees NISM Series V A: Mutual Fund Distributors Exam is Rupees One Thousand Five Hundred only (Rs. 1500/-).