Mutual Fund Distributor is an authorised person to sell Mutual Fund schemes to investors. MF Distributor gets Upfront / Trail commissions from the investors / AMC for their sales.
One should pass NISM Series V A Mutual Fund Distributors Certification exam to become a Mutual Fund Distributor.
1) NISM Mutual Fund Distributors Certification is a mandatory requirement for all people engaged in sales & distribution of Mutual funds.
2) Bank Employees & Financial Advisors who sell mutual funds have to pass this NISM Mutual Fund Distributors Exam.
3) Insurance Advisors who want to become MF Distributors should pass NISM VA Mutual Fund Exam.
Series VA is not pronounced as 'vee A'. Its series 5 A. ' V ' is Roman Numeral for 5.
|Total Questions||100 X 1 mark each ( NO NEGATIVE MARKS)|
|Total Duration||2 hours.|
|Certificate Validity||3 years|
|Certificate Renewal||Attend NISM CPE Session, Call Mr.Srinivasan 98949 49988 for NISM CPE Training details in South India.|
|Unit 1||Concept & Role of a Mutual Fund||6%|
|Unit 2||Fund Structure & Constituents||4%|
|Unit 3||Legal & Regulatory Environment||10%|
|Unit 4||Offer Document||6%|
|Unit 5||Fund Distribution & Channel Management Practices||8%|
|Unit 6||Accounting, Valuation & Taxation||10%|
|Unit 7||Investor Services||12%|
|Unit 8||Return, Risk & Performance of Funds||10%|
|Unit 9||Scheme Selection||10%|
|Unit 10||Selecting the Right Investment Products for Investors||9%|
|Unit 11||Helping Investors with Financial Planning||7%|
|Unit 12||Recommending Model Portfolios & Financial Plans||8%|