NISM-Series­V-B: Mutual Fund Foundation Certification Examination

NISM-Series­V-B: Mutual Fund Foundation Certification Examination

Description

NISM-Series­V-B: Mutual Fund Foundation Certification Examination

This examination helps candidates to preapre for the Mutual Fund Foundation Certification Examination offered by the NISM (A body registered Under SEBI). NISM-Series-V-B aims to establish a common minimum knowledge benchmark for a new aspirants of mutual fund distributors who are looking forward to build a career in selling and distributing simple Mutual Fund Products and performing mutual fund schemes. This exam covers all the essential subjects to Questions with a Complete explanation of mutual funds, including their purpose and structure, the different kinds of mutual fund schemes and their characteristics, how mutual funds are distributed, how specific schemes are evaluated, and the laws and guidelines pertaining to the distribution of specific products. It also covers the fundamentals of financial planning as a strategy for investing in mutual funds and how this network of distributors can suggest appropriate schemes to potential investors.

Highlight

It provides the candidate with a comprehensive understanding of mutual funds, including their structures and roles. It enlightens them about the various varieties of mutual fund schemes and their unique characteristics. Mutual fund distribution in the market, scheme evaluation, and comprehension of the notion that financial planning is a method of investing in mutual funds. This exam covers:

  • Concept of mutual fund
  • Fund structure and constituents
  • Legal and regulatory environment
  • Offer document
  • Fund distribution and sales practices
  • Mutual fund products
  • Investor services
  • Selecting the right investment products for investors
  • Basics of financial planning as an approach to investing in mutual funds

Sample Paper

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Objective

Following successful exam completion, the candidate should:

  1. Understand the principles of mutual funds, including their purpose, structure, and the various types of open-end fund schemes and their available options.
  2. Understand the distribution of mutual funds in the market, including the schemes that should be assessed and the ways in which this group of distributors recommends suitable schemes to potential investors.
  3. Understand the principles and guidelines governing the distribution of such a product.
  4. Understand the foundations of financial design as a complementary strategy to mutual fund financing.