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.
Examination Objectives:
On successful completion of the Mutual Fund Distributors 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.
Assessment Structure:
The Mutual Fund Distributors 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.
Name of Module: NISM-Series-V-A: Mutual Fund Distributors Certification Examination
* No negative marks for incorrect answers.
+ Payment gateway charges extra.
# Passing Certificate will be issued only to those candidates who have furnished/ updated their Income Tax Permanent Account Number (PAN) in their registration details.
Pass the NISM Series V-A: Mutual Fund Distributors Certification Examination. It is a mandatory requirement to qualify the “NISM-Series-V-A: Mutual Fund Distributors Certification Examination” to become a mutual fund distributor. The National Institute of Securities Market conducts this examination.
A distributor with an ISO certification assures customers that they can expect quality products being delivered and have received the proper inspections and testing that meets ISO quality guidelines.
The AMFI Mutual Fund Distributors Certification Examination (AMFI-MFD) is an online exam conducted by the Association of Mutual Funds in India (AMFI) for individuals who wish to become mutual fund distributors in India.
Obtaining a mutual fund license in India requires compliance with the regulatory framework set by the Securities and Exchange Board of India (SEBI). Form a Company: The first step is to form a company in India. It is advisable to Register a Company under the Companies Act, 2013 as a public limited company.
This is an unfair comparison between these two certifications as they serve for varying purposes. The standard of CFA is way advanced than NISM and is recognized by every recruiter in the job market.
Learning Experience: NISM VIII Certification gives you the knowledge of equity, derivatives and how trading system operates in stock market. It is very useful that shows your knowledge about Capital market. Curriculum: The course is always updated one.
You need to pass the Mutual Fund Distributors Certification Course of National Institute of Securities Market (NISM). This is a 2 hour exam. You need to be 18 years of age or more for sitting in this exam.
How long does it takes to become a mutual fund manager? It takes about 10 to 12 years to become a mutual fund manager. Year 1-4: Earn a Bachelor's degree. Year 5-6: Gain relevant work experience, possibly in entry-level finance positions.
A distributorship certificate, also known as a certificate of authorized distributor, is one such document issued to a distributor that attests to the agreement and terms made with a manufacturer. The document serves to verify the authorized distributor's responsibility to sell a range of products for the manufacturer.
Introduction: My name is Dr. Pierre Goyette, I am a enchanting, powerful, jolly, rich, graceful, colorful, zany person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.