The NISM-Series-V-A: Mutual Fund Distributors Certification Examination is conducted by the National Institute of Securities Markets (NISM) under SEBI. This exam is required for people who want to work as mutual fund distributors or financial advisors. It helps candidates understand mutual funds, investment concepts, risk and return, taxation, and regulatory rules.
The exam is conducted online and consists of 50 multiple-choice questions (MCQs). Each question carries 1 mark, so the total marks are 50. The duration of the exam is 1 hour. There is no negative marking. To pass the exam, a candidate must score at least 50% marks (25 marks).
The syllabus includes topics like investment basics, types of mutual fund schemes, Net Asset Value (NAV), structure of mutual funds, distribution channels, investor services, and legal and regulatory framework. There is no specific eligibility criteria, so anyone interested in mutual funds can appear for the exam.
In conclusion, the NISM-VA exam develops the knowledge and skills needed for mutual fund distribution and helps in building a career in the financial sector.
| # | User | Score | Percentage | Result | Date |
|---|---|---|---|---|---|
| 1 | Ishaan Srivastava | 9 / 50 | 18.00% | Failed | 30 Jan 2026 14:00 |