Who should appear for this certification?
The certificate is meant for new cadre of mutual fund distributors involved in selling and distributing simple and performing mutual fund schemes. New cadre of distributors include postal agents, retired government and semi-government officials (class III and above or equivalent), retired teachers and retired bank officers/correspondents with a service of atleast 10 years respectively.
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 NISM website by creating your account. Once you pay the fee and select the examination date, you will be sent a soft copy of the course material on your registered email address.
Where are the tests conducted?
These tests are conducted daily at various NISM centres all over India. To check the exam calendar for the next three months, click here.
When do you get the results?
The test is given online and you can see the results immediately.
What does the program cover?
- Concept of mutual fund
- Fund structure and constituents
- Legal and regulatory environment
- Offer document
- Fund distribution and sales practices
- Mutual fund products
- Investor services
- Selecting the right investment products for investors
- Basics of financial planning as an approach to investing in mutual funds
For more details, click here
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Some key facts about the exam |
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No of questions |
50 |
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Duration |
120 minutes |
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Certificate Validity |
3 years |
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Passing Score |
50%. No negative marking |
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Test Fees |
Rs.1,200 + service tax (Rs.1,368) |
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Website URL |