The document discusses the NISM Series V-A Mutual Fund Distributors Certification Examination. It provides information on the eligibility requirements, aims of the exam, assessment structure, fees, curriculum covered, and how to register. Specifically:
- The exam aims to assess knowledge of mutual fund regulations, distribution, financial planning, and more. One must pass it to become a registered open-end fund distributor in India.
- It is open to those aged 18+ with a Class 12 or Class 10 diploma. The exam has 100 multiple-choice questions over 2 hours, with a passing score of 50%.
- The curriculum covers topics like investment concepts, mutual fund structures, regulations, taxation,
In this PPT I have explained the Taxation of income received from Investment funds (Private equity, Hedge Funds etc.). I have discussed the provisions of Section 115UB of Income Tax Act, 1961 and categorization of Investment funds as per SEBI (Alternative Investment Fund) Regulations, 2012.
STUDY MATERIAL FOR NISM MUTUAL FUND EXAM (EARLIER AMFI). NISM,AMFI MOCK TEST ...Srinivasan Thiagarajan
DOWNLOAD STUDY MATERIAL FOR NISM MUTUAL FUND EXAM (EARLIER AMFI). AMFI MOCK TEST AT WWW.MODELEXAM.IN. NISM SERIES VA MUTUAL FUND DISTRIBUTORS EXAMINATION STUDY NOTES.EASY TO STUDY,USEFUL TO PASS,BASED ON LATEST SYLLABUS.NATIONAL INSTITUTE OF SECURITIES MARKETS. NISM MOCK TEST,NCFM MOCK TEST AT WWW.MODELEXAM.IN
Free Download | Study Notes for NCFM Derivatives Market Dealers Module based on Latest Syllabus updated till July 2012. NCFM Stands for National Stock Exchange Certification in Financial Markets.
Comparative analysis on investment in mutual fundvaibhav belkhude
Over a long term horizon, equity investments have given returns which far exceed those from the debt based instruments. They are probably the only investment option, which can build large wealth. In short term, equities exhibit very sharp volatilities, which many of us find difficult to stomach. Investment in equities requires one to be in constant touch with the market and a lot of research.
Buying good scripts require one to invest fairly large amounts. Systematic Investing in a Mutual Fund is the answer to preventing the pitfalls of equity investment and still enjoying the high returns. And it makes all the more sense today when the stock markets are booming.
Management of the fund by the professionals or experts is one of the key advantages of investing through a mutual fund. They regularly carry out extensive research - on the company, the industry and the economy – thus ensuring informed investment. Secondly, they regularly track the market.
Thus for many of us who do not have the desired expertise and are too busy with our vocation to devote sufficient time and effort to investing in equity, Mutual Funds offer an attractive alternative.
Another advantage of investing through mutual funds is that even with small amounts we are able to enjoy the benefits of diversification. Huge amounts would be required for an individual to achieve the
desired diversification, which would not be possible for many of us. Diversification reduces the overall impact on the returns from a portfolio, on account of a loss in a particular company/sector.
The Mutual Funds industry is well regulated both by SEBI and AMFI. They have, over the years, introduced regulations, which ensure smooth and transparent functioning of the mutual funds industry. This makes it safer and convenient for investors to invest through Mutual Funds.
One of the biggest difficulties in equity investing is WHEN to invest, apart from the other big question WHERE to invest. While, investing in a mutual fund solves the issue of ‘where’ to invest, SIP helps us to overcome the problem of ‘when’. SIP is a disciplined investing irrespective of the state of the market. It thus makes the market timing totally irrelevant.
Vskills certification in Treasury Markets introduces candidates to functions of a Treasury Department in a bank or corporate. The Certification also covers various financial products in the treasury department and the risk management techniques used in the treasury. A Vskills Certified treasury market professional finds employment in various retail banks, investment banks, research firms, and treasury departments of various MNCs.
http://www.vskills.in/certification/Certified-Treasury-Market-Professional
In this PPT I have explained the Taxation of income received from Investment funds (Private equity, Hedge Funds etc.). I have discussed the provisions of Section 115UB of Income Tax Act, 1961 and categorization of Investment funds as per SEBI (Alternative Investment Fund) Regulations, 2012.
STUDY MATERIAL FOR NISM MUTUAL FUND EXAM (EARLIER AMFI). NISM,AMFI MOCK TEST ...Srinivasan Thiagarajan
DOWNLOAD STUDY MATERIAL FOR NISM MUTUAL FUND EXAM (EARLIER AMFI). AMFI MOCK TEST AT WWW.MODELEXAM.IN. NISM SERIES VA MUTUAL FUND DISTRIBUTORS EXAMINATION STUDY NOTES.EASY TO STUDY,USEFUL TO PASS,BASED ON LATEST SYLLABUS.NATIONAL INSTITUTE OF SECURITIES MARKETS. NISM MOCK TEST,NCFM MOCK TEST AT WWW.MODELEXAM.IN
Free Download | Study Notes for NCFM Derivatives Market Dealers Module based on Latest Syllabus updated till July 2012. NCFM Stands for National Stock Exchange Certification in Financial Markets.
Comparative analysis on investment in mutual fundvaibhav belkhude
Over a long term horizon, equity investments have given returns which far exceed those from the debt based instruments. They are probably the only investment option, which can build large wealth. In short term, equities exhibit very sharp volatilities, which many of us find difficult to stomach. Investment in equities requires one to be in constant touch with the market and a lot of research.
Buying good scripts require one to invest fairly large amounts. Systematic Investing in a Mutual Fund is the answer to preventing the pitfalls of equity investment and still enjoying the high returns. And it makes all the more sense today when the stock markets are booming.
Management of the fund by the professionals or experts is one of the key advantages of investing through a mutual fund. They regularly carry out extensive research - on the company, the industry and the economy – thus ensuring informed investment. Secondly, they regularly track the market.
Thus for many of us who do not have the desired expertise and are too busy with our vocation to devote sufficient time and effort to investing in equity, Mutual Funds offer an attractive alternative.
Another advantage of investing through mutual funds is that even with small amounts we are able to enjoy the benefits of diversification. Huge amounts would be required for an individual to achieve the
desired diversification, which would not be possible for many of us. Diversification reduces the overall impact on the returns from a portfolio, on account of a loss in a particular company/sector.
The Mutual Funds industry is well regulated both by SEBI and AMFI. They have, over the years, introduced regulations, which ensure smooth and transparent functioning of the mutual funds industry. This makes it safer and convenient for investors to invest through Mutual Funds.
One of the biggest difficulties in equity investing is WHEN to invest, apart from the other big question WHERE to invest. While, investing in a mutual fund solves the issue of ‘where’ to invest, SIP helps us to overcome the problem of ‘when’. SIP is a disciplined investing irrespective of the state of the market. It thus makes the market timing totally irrelevant.
Vskills certification in Treasury Markets introduces candidates to functions of a Treasury Department in a bank or corporate. The Certification also covers various financial products in the treasury department and the risk management techniques used in the treasury. A Vskills Certified treasury market professional finds employment in various retail banks, investment banks, research firms, and treasury departments of various MNCs.
http://www.vskills.in/certification/Certified-Treasury-Market-Professional
Project report for summer internship | Risk Management and investment behavio...ManjeetSingh558
Project report for summer internship | Risk Management and investment behaviour at sharekhan ltd. by MM
Looking for help check this report, please edit data yourself and keep it up to date, and also re upload after your report to help other.
Vskills Certification in Equity Research focuses on developing the necessary skills for the purpose of advising investors and financial institutions to make profitable investment decisions in the capital market by providing a brief overview of the global markets and an understanding of the stock market movements. The certification assesses the candidate’s qualitative and quantitative skills for stock evaluation, analyzing and interpretation of annual reports and the basic techniques of valuation.
http://www.vskills.in/certification/Certified-Equity-Research-Analyst
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[NISM series-V] Mutual fund distributors certification examination
1. NISM Series V-A Mutual Fund Distributors
Certification Examination
marketsupdown.live/nism-series-v-a-mutual-fund-distributors-certification-examination
Image Source – Google | Image By – support.nism.ac.in
NISM Examination
NISM conducts investment trust Distributors Certification Examination per annum.
The name of the examination is NISM series V-A investment trust distributors
certification. Only after clearing this examination, someone can become a registered
open-end fund distributor in India.
This exam aims to hide mutual funds regulations, rules, and code of conduct for
distributors, financial planning, etc. After clearing this exam one can work alone as an
investment trust distributor or he can join a finance-related companies like banks, nbfc,
insurance companies, and mutual funds distributor companies, etc in mutual funds
sales.
Eligibility for the examination
The candidate should be of 18 years and minimum qualification is class 12 or class 10
with 3 years of diploma.
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2. Who can apply for this examination?
A person whether working or not within the finance sector
Employees working within the company are engaged in mutual funds distribution.
Also, employees working within the asset management companies sales division.
Aim of Examination
The aim of this examination is to produce relevant knowledge of the subsequent things
to the one that is applying for open-end fund distribution:-
Firstly, basic knowledge and functioning of mutual funds, understanding different
kinds of mutual funds schemes and their features and their role and structure.
Secondly, to grasp how mutual funds are distributed and the way to judge
different mutual funds schemes.
Thirdly, the way to recommend the investors about suitable products and services.
Fourthly, to understanding the legalities, accounting, valuation, and taxation
aspects of the mutual funds.
And finally to, understanding financial planning as an approach to taking a
position in mutual funds to create future relationships with their clients.
Examination Assessment structure
The investment firm distribution examination consists of 100 questions of 1 mark each
and will be completed in 2 hours. The passing score for the examination is 50%. There
shall be no negative marking.
Name of Module: NISM-Series-V-A: investment company Distributors Certification
Examination
Fees
(Rs)
Test
Duration (in
minutes)
No. of
Questions
Maximum
Marks
Pass
Marks*
(%)
Negative
marking
Certificate
Validity (in
years)
1500+ 120 min 100 100 50 0 3 years
After the registration NISM sends a pdf file to check for the examination.
NISM-Series-V-A: Fund Distributors Certification Examination
Curriculum
I. Investment Landscape
1. Firstly, understand the parameters of the Indian Economy Describe Investors and
also their Financial Goals
2. Secondly, understand Savings and Investment
3. Discuss Different Asset Classes
4. Understand the classification of Investment Risks
5. Explain Risk Measure and Management Strategies
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3. 6. Understand Behavioral Biases in Investment higher cognitive process
7. Also Risk Profiling
8. Explain the Asset Allocation
9. Comparison between the 2 approaches -> Do-it-yourself and Taking Professional
Help
II. Concept & Role of an open-end fund
1. Explain the concept of an investment firm
2. Understand the classifications of mutual funds
3. Describe the expansion of the open-end fund industry in India
III. Legal Structure of Mutual Funds in India
1. Describe the structure of mutual funds in India
2. Understand the key constituents of a Mutual Funds
3. Second,understand the organizational structure of the Asset Management
Company
4. And third, understand the role and support functions of service providers of
mutual funds
5. Explain the role and performance of AMFI
IV. Legal and Regulatory Framework
1. Describe the role of regulators in India
2. Discuss the role of the Securities and Exchange Board of India
3. Know the Due Diligence process followed by AMCs for distributors of mutual
funds
4. Explain Investor Grievance and Redressal standards (Explain about SCORES)
5. Understand the AMFI Code of conduct for Intermediaries
V. Scheme Related Information
1. Understanding the Mandatory Documents and their purpose, objective and
significance
2. Explain the Non-Mandatory Disclosures
VI. Fund Distribution and Channel Management Practices
1. Firstly, explain the role and importance of investment firm distributors
2. Understand the classification of open-end investment company distributors
3. Secondly, explain the modes of distribution
4. Understand the Prerequisites to become Distributor of the open-end investment
company
5. Explain Revenue for a fund distributor
6. Know the Commission Disclosure mandated by SEBI
7. Explain the Due Diligence Process by AMCs for Distributors of Mutual Funds
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8. Discuss Nomination facilities to Agents / Distributors and Payment of
Commission to Nominee
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4. 9. Also change of distributor
VII. Net Asset Value, Total Expense Ratio and Pricing of Units
1. Discuss the Fair Valuation Principles
2. Compute net assets of a fund scheme and NAV
3. Explain about Dividends & Distributable Reserves
4. The Concept of Entry and Exit Load and its impact on NAV
5. Comprehend the Key Accounting and Reporting Requirements applicable to
mutual funds
6. Understand the NAV, Total expense ratio and pricing of units for the Segregated
Portfolio
VIII. Taxation
1. Understand Applicability of assorted taxes in respect of mutual funds
2. Understand about Capital gains, Capital gains (Long term & Short term) tax and
Indexation.
3. Dividend Income and Dividend tax
4. The difference between dividend distribution tax and capital gains tax
5. The fundamentals of Setting off Gains and Losses under revenue enhancement
Act
6. About Securities Transaction Tax
7. Tax deduction under Section 80C of the taxation Act for investment regarding
mutual funds
8. Tax Deducted at Source (TDS) in mutual funds
9. Applicability of GST in mutual funds
IX. Investor Services
1. Describe the NFO Process
2. Explain about the New Fund asking price /On-going price for subscription
3. Kinds of investment plans and options
4. How the investment trust units are allotted to the investor
5. Content and periodicity of Statement of Accounts for investments
6. Different kinds of fund Investors
7. Explain the way to fill within the form for mutual funds
8. The financial transactions with mutual funds (Purchase, Redemption and
Switches)
9. Cut-off time and Time Stamping
10. Describe the KYC requirement for investment trust investors
11. Various styles of systematic transactions
12. Operational aspects of systematic transactions
13. Non-Financial Transactions in Mutual Funds
14. Discuss the change in Status of Special Investor Categories
15. Investor Transactions-turnaround times
X. Risk, Return and Performance of funds
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5. 1. Understand the General and Specific Risk Factors
2. Explain the Factors that affect mutual fund performance
3. Describe Drivers of Returns and Risk in mutual fund Scheme
4. Understand the Measures of Returns and Risk.
5. Know about the SEBI norms regarding the representation of returns by mutual
funds in India
6. Explain risks in fund investing with a focus on investors
7. Certain provisions with respect to Credit risk
XI. Mutual fund Scheme Performance
1. Explain the concept of Benchmarks
2. Compare Price Return Index and Total Return Index
3. Identify the premise of selecting an appropriate performance benchmark
4. Describe the utilization of market benchmarks to gauge Equity Fund Performance
5. Employment of market benchmarks to gauge Debt Fund Performance
6. Utilization of market benchmarks to judge Other Schemes
7. Explain Quantitative Measures of Fund Manager Performance
8. Define Tracking Error
9. Understand the various Sources for disclosure of scheme performance (Scheme
documents, AMFI and AMC website, and Fund Fact Sheet)
XII. Fund Scheme Selection
1. Explain Scheme Selection supported Investor needs, preferences and risk profile
2. Risk Levels in investment company schemes
3. Scheme Selection supported investment strategy of mutual funds
4. Explain Selection of investment company scheme offered by different AMCs or
within the scheme category
5. Realize selecting options in investment trust schemes
6. Do’s and Don’ts while selecting open-end investment company schemes
How am I able to register for NISM-Series-V-A: investment trust Distributors
Certification Examination?
Firstly, candidates can register with any of the subsequent Test Administrators.
For registrations candidates may visit the above website.
Secondly, after successful registration, candidates may select a test centre, date
and time interval of their choice on the Test Administrator website.
So, candidates are required to follow further instructions available on the Test
Administrator websites.
Acceptable identity cards are PAN Card, driver’s license, Passport, and Adhar card
only.
You will receive a soft copy of the workbook/study material after enrollment for
the examination freed from cost.
For non-receipt of a soppy copy of the workbook/study material, you will contact
the respective Test Administrator:
NISM: certification@nism.ac.in
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