Question 1

WHO CAN TAKE NISM-SERIES-V-A: MUTUAL FUND DISTRIBUTORS CERTIFICATION EXAMINATION?

Accepted Answer

The following persons can take NISM-Series-V-A: Mutual Fund Distributors Certification Examination: 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. Interested students/professionals Any other individuals.

Question 2

FOR WHOM IS THIS EXAMINATION MANDATED?

Accepted Answer

Please refer to NISM communiqué NISM/Certification/Series-V-A: MFD/2010/01 dated May 5, 2010 (in the ‘Circulars’ section). NISM has specified this examination to be the requisite standard for 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.

Question 3

HOW CAN I REGISTER FOR NISM-SERIES-V-A: MUTUAL FUND DISTRIBUTORS CERTIFICATION EXAMINATION?

Accepted Answer

Candidates can register with any of the following Test Administrators.1. National Institute of Securities Markets (NISM) https://certifications.nism.ac.in/nismaol/For registrations candidates may visit any of the above websites. After successful registration, candidates may select a test centre, date and time slot of their choice on the Test Administrator website. Candidates are required to follow further instructions available on the Test Administrator websites.

Question 4

WHAT IS THE FEE STRUCTURE?

Accepted Answer

The fees for “NISM-Series-V-A: Mutual Fund Distributors Certification Examination” is Rupees One Thousand Five Hundred only (Rs. 1500/-).5. What is the assessment structure? The examination will be of 100 marks, will have 100 questions, and should be completed in 2 hours. There shall be no negative marking. The passing score for the examination is 50%.

Question 5

IS THERE STUDY MATERIAL AVAILABLE FOR PREPARING FOR THIS EXAMINATION?

Accepted Answer

You will receive a soft copy of the workbook/study material after enrolment for the examination. For non-receipt of soft copy of the workbook/study material, you may contact the respective Test Administrator:NISM: certification@nism.ac.in. Further, those who are taking from us will get a soft copy of summarised version (50 pages) of the entire syllabus. for quick study.

Question 6

DO I HAVE TO PAY FOR THE STUDY MATERIAL?

Accepted Answer

You will receive a soft copy (350 pages) of the workbook/study material free of cost after enrolment for the examination. Candidate can buy NISM workbooks online through Taxmann Publications Private Ltd. Visit https://www.taxmann.com/bookstore/nism-iibf-books.aspx to place your orders for NISM workbooks. If you prefer to order by phone, please call your nearest store directly to place your order. Click here to get the details of your nearest store.

Question 7

HOW CAN I APPEAR FOR NISM MFD MOCK TEST? WHERE DO I GET SAMPLE QUESTIONS FOR NISM MUTUAL FUND DISTRIBUTORS CERTIFICATION EXAMINATION?

Accepted Answer

At NISM Portal there is a limited Mock Test available. Further, we'll provide Free Mock Text of 600 (approx) question, chapter-wise, mini comprehensive and mega comprehensive to all students of us. The same is also available to others by paying charges.

Question 8

I HAVE PASSED NISM MUTUAL FUND DISTRIBUTORS CERTIFICATION EXAMINATION, WHEN WILL I RECEIVE THE CERTIFICATE?

Accepted Answer

Only the candidates who have produced their Income Tax Permanent Account Number (PAN) during registration would receive the NISM Certificate within two weeks of appearing for the examination.Candidates who produced other identification proofs would not receive the NISM certificate. They would receive only the temporary mark sheet at the end of the examination.

Question 9

I HAVE NOT PROVIDED MY PAN INFORMATION AT THE TIME OF TAKING THE CERTIFICATION EXAMINATION. HOW DO I OBTAIN THE CERTIFICATE?

Accepted Answer

Candidates who have not provided their PAN information during registration may furnish their PAN details to the Test Administrator they have registered with any time after taking the examination. After receiving and verifying PAN details, the candidate will receive the certificate from the Test Administrator they have registered with. No additional payments are necessary for obtaining the certificate.

Question 10

I HAVE PASSED NISM MUTUAL FUND DISTRIBUTORS CERTIFICATION EXAMINATION AND ALSO PROVIDED PAN DETAILS, HOWEVER, I HAVE NOT RECEIVED A CERTIFICATE. WHOM SHOULD I CONTACT?

Accepted Answer

For non-receipt of certificate contact the test administrator, you have registered with for this examination. The respective email ids are given below: NISM: certification@nism.ac.in

Question 11

WHAT IS THE VALIDITY PERIOD OF THE CERTIFICATE?

Accepted Answer

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

Question 12

HOW DO I RENEW MY CERTIFICATE?

Accepted Answer

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.

Question 13