The voluntary examination is meant for mutual fund distributors and students interested in gaining advanced knowledge of mutual funds.
Who should appear for this certification?
This voluntary exam is meant for persons engaged in the sale of mutual funds, students interested in gaining advanced knowledge of mutual fund products, sales, distribution and related regulations.
Which institute/body conducts the test?
The certification is given by National Institute of Securities Markets (NISM).
How can you register for this test?
You can register for this course either on NSE or BSE website by creating your account. Once you pay the fee and select an examination date, you will be sent a soft copy of the course material on your registered email address.
When do you get the results?
The test is given online and you can see the results immediately.
What does the program cover?
- Mutual fund structures
- Legal and regulatory environment of mutual funds
- Fund distribution and sales practices
- Investment and risk management
- Valuation of schemes
- Accounting
- Investor services
- Scheme evaluation
- Asset classes and alternate investment products
- Ethics and investor protection
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Some key facts about the exam |
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No. of questions |
68 |
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Duration |
120 mins |
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Certificate Validity |
3 |
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Passing Score |
60 |
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Test Fees |
1405 |
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Website URL |
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Difficulty Level |
Easy to clear with some thorough preparation |
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Negative marking |
25% of the marks assigned to the question. |