NISM V-A Certification: Become a Mutual Fund Distributor

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Nism VA Certification Examination

NISM Full Form - National Institute of Securities Markets

NISM Certification?
Nism VA Certification Examination ?
to Register for a NISM Certification Exam? 04 Eligibility, Fee Structure, Exam Pattern 05 Definition of Mutual Funds Distributor 06 How to Become Mutual Fund Distributor
07 Responsibilities of MF Distributors
01 What is
02 What is
03 How
TABLE OF CONTENTS
is NISM Certification? 01
What

● The National Institute of Securities Markets (NISM) is a public trust founded in 2006 by the Securities and Exchange Board of India (SEBI).

● Under the SEBI (Certification of Associated Persons in Securities Markets) regulations of 2007, NISM fulfills two functions:

● Provides required certification exams for individuals involved with securities market intermediaries.

● Provides Continuing Professional Education (CPE) programs for persons affiliated with securities market intermediaries.

● The certificate must be re-validated upon expiry by passing the applicable NISM certification test before the expiry date or by completing a Continuing Professional Education (CPE) program as prescribed by the NISM within 12 months of the date of expiry.

● The certificate will be revalidated for three years after it expires.

What is Nism VA Certification Examination ? 02

Mutual Fund Distributor Examination

seeks to create a baseline for basic,minimal knowledge for all individuals involved in the marketing and distribution of mutual funds, including:

● Distributors of individual mutual funds.

● Employees of companies involved in the sale and distribution of mutual funds.

● Employees of asset management organizations who specialize in the sale and distri bution of mutual funds.

How to Register for a NISM Certification Examination? 03

• Go to the NISM Certification website, log in, and register yourself.

• Enter the required identifying information, which is marked as mandatory or with an asterisk.

• Enter your official email address so that they can interact with you.

• Continue with your registration if your email address is displayed as available.

• Enter your personal information and a scanned copy of your PAN card in the fields provided.

• Upload a passport-size (colored) photograph.

• After you submit, you will receive an activation link in your registered email.

• Then, using the provided link, activate your account. When you're finished with the activation, log in to your account using your ID and password.

• Navigate to the enrollment page and locate your examination enrollment to select the exam of your choice.

NISM Certification Exam: Eligibility, Fee Structure, Exam Pattern 04

NISM Eligibility Requirements

Fee Structure for NISM

Exam Pattern for NISM

AGE: Candidates must be at least 18 years old.

Educational requirements: There are no such academic requirements for registering for the NISM certification exam.

The NISM Certification registration fee, which ranges between INR 1200 and 3000, is relatively low.

This fee may vary depending on the certification or exam you choose. You must pay the fee each time you attempt a NISM test.

The NISM tests have 100 questions. Each question is worth o ne mark (the highest mar k for the exam is 100).

To proceed with your app lication, you must receive at least 50% of the marks. There will be no negative marking.

Find the NISM 5A Exam Syllabus Table Below

Module No. Module Name Weightage Module 1 Investment Landscape 8% Module 2 Concept and Role of Mutual Fund 6% Module 3 Legal Structure of MF in India 4% Module 4 Legal and Regulatory Framework 10% Module 5 Scheme Related Information 10%
Module 6 Fund Distribution and Channel Management Practices 6% Module 7 Net Asset Value, Total Expense Ratio and Pricing of Units 8% Module 8 Taxation 4% Module 9 Investor Services 15% Module 10 Risk Return and Performance of Funds 7% Module 11 Mutual Fund Scheme Performance 7%

Exam Objectives

● Understand the fundamentals of mutual funds, their operation and structure, as well as the many types of mutual fund schemes and their characteristics.

● Understand the market distribution of mutual funds, how to analyze MF schemes, and how to offer acceptable products to customers and prospective investors.

● Learn about the legalities, accounting, valuation, and tax implications that underpin mutual funds and their distribution procedure.

● Learn about financial planning as a method of investing in mutual funds and as a way for MF distributors to build long-term relationships with their clients.

"Definition of Mutual Funds Distributor"

05

● Mutual fund distributors are individuals or organizations who enable investors to purchase and sell units in various mutual fund schemes.

● Mutual fund distributors are rewarded for enabling these transactions by charging fees on mutual fund investments made by their consumers.

● Mutual fund distributors provide a variety of additional services in addition to facilitating these transactions.

● Understanding each investor's risk tolerance and financial objectives, as well as providing acceptable investment alternatives and strategies, are some of these.

● The Association of Mutual Funds in India, or AMFI, regulates the mutual fund distributor sector in India.

● Every person or organization that wishes to distribute mutual funds in India must first register with the AMFI.

How to Become Mutual Fund Distributor ?

 Pass the NISM Exam.  Apply for an ARN Number.

Register with a Distributor / AMC.

Responsibilities of MF Distributors The Investor's Education 01 Make a Risk Profile 02 Analyze and Make Investment Suggestions 03 Develop an Investment Strategy 04 Assist Portfolio Diversification 05 Documentation 06 Begin your own Mutual Fund Distribution Business 07
Do you have any questions related to Nism VA Certification Examination and Becoming an Mutual Fund Distributors? hello@assetplus.in +9195009 99110 https://www.partners.assetplus.in/ Guindy, Chennai, Tamil Nadu 600032 THANKS!

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