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NISM has launched eCPE training for PMS distributors. With this MFDs can renew their PMS distribution license from the comfort of their office/home.
In September 2021, SEBI asked PMS distributors to pass the NISM Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination to sell PMS.
However, mutual fund distributors can continue to sell PMS until the validity of their ARN i.e. up to 3 years. MFDs will have to appear for PMS examination at the time of renewal of their ARN.
eCPE consists of a mix of video lessons and quizzes. Duration of eCPE will be between 2.30 hours and 5.30 hours.
The fees for the eCPE is Rs.2500 which is to be paid through NISM portal.
If you want to attend eCPE to renew ARN, you need this set up:
- A laptop or desktop with at least 8GB RAM, i3 core 2.2 Ghz 5th generation
- Internet connection with a minimum speed of 2MBPS
- Latest version of Google Chrome
You can call NISM helpdesk at 8080806476 or write to NISM at certification@nism.ac.in or CPE@nism.ac.in for more details and enquiry.