NISM Series V A Mutual Fund Distributor Exam

By Srinivasan T (NISM CPE Trainer) & The ModelExam Question Bank Team | Trusted by 2.5 Lakh+ Aspirants Since 2012

Prepare for NISM Mutual Fund Exam with our MF Mock Test

What are the different names of the mutual fund exam ?

Official name of the exam is NISM Series V A - Mutual Fund Distributor Certification Exam.

However, candidates refer to MF Exam with other names like nism 5a, nism va, mf distributor exam, amfi exam, nism mf exam, nism series 5a exam etc.

Who is a Mutual Fund Distributor ?

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.

Which Exam is Required for the Mutual Fund Distributor Role?

One should pass NISM Series V A Mutual Fund Distributors Certification exam to become a Mutual Fund Distributor.

Who should attend Mutual Fund Exam ?

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.

What is meaning of 'Series V A or VA' in Mutual Fund Exam name ?

Series VA is not pronounced as 'vee A'. Its series 5 A. ' V ' is Roman Numeral for 5.

How to take Free DEMO exam of NISM Mutual Fund Exam in our website?

NISM MFD Mock Test how to? link https://youtu.be/exw4Im837Zk

How to Prepare for the NISM Mutual Fund Distributor Exam?

link MODELEXAM offers NISM VA Mutual Fund Exam PRACTICE TEST based on the NEW NISM syllabus

NISM VA Mutual Fund Mock Test

Mutual Fund Distributor
Free Demo Buy Premium

Where can I get NISM Mutual Fund Study Material ?

MODELEXAM provideslink Short Study Guides for NISM Mutual fund exam preparation.Short Notes contains exam oriented important concepts only.

Where can I get NISM Mutual Fund Exam Dates ?

link Link to NISM Exam dates, location / centre & timeslots

How to do NISM Exam registration ?

link nism-exams/NISM_Registration_Procedure.html

How to learn about Mutual funds ?

NISM MFD link NISM Mutual fund Youtube video class

The Demo/Free mock test is limited to 20 questions only. Premium Model Exams have more than 1200 questions with explanations.

Expert Insights: How to Pass NISM Series V A Exam

Based on over 20 years of experience in conducting NISM Mutual Fund Exam and CPE training for NISM, we’ve identified two critical areas where most candidates lose marks:

  • Unit 9 (Investor Services): This unit carries nearly 20% weightage. Focus on the nuances of 'Account Statements' and 'Cut-off timings' for different transaction types.
  • Taxation Nuances: Tax rules for Mutual Funds change frequently. Our mock tests are updated with the latest Finance Act provisions, specifically for LTCG and STCG on Equity vs. Debt funds.

Featured Training Playlist

What is the Assessment Structure of the NISM MF Exam?

Total Questions 100 X 1 mark each ( NO NEGATIVE MARKS)
Total Duration 2 hours.
Passing score 50%
Certificate Validity 3 years
Certificate Renewal Attend NISM CPE Session, Call Mr.Srinivasan phone 98949 49988 for NISM CPE Training details in South India.

What are the Chapterwise Weightages for Mutual Fund exam ?

Unit 1 Investment Landscape 8%
Unit 2 Concept & Role of a Mutual Fund 6%
Unit 3 Legal Structure of Mutual Funds in India 4%
Unit 4 Legal and Regulatory Framework 10%
Unit 5 Scheme Related information 10%
Unit 6 Fund Distribution and Channel Management Practices 6%
Unit 7 Net Asset Value, Total Expense Ratio and Pricing of units 8%
Unit 8 Taxation 4%
Unit 9 Investor Services 20%
Unit 10 Risk, Return and Performance of Funds 7%
Unit 11 Mutual Fund Scheme Performance 7%
Unit 12 Mutual Fund Scheme Selection 10%

Mutual Fund Tutorial videos in YouTube – Topic wise