NISM 5B Mutual Fund Foundation Certification Exam Notes

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  • GST Threshold: Applies to distributors with turnover above Rs. 20 lakhs.
  • Tax Deferral Benefit: Enhances returns by delaying tax liability.
  • Capital Gains Indexation: Available for non-equity LTCG to adjust for inflation.
  • Dividend Exemption: Benefits tax-exempt entities like trusts.
  • STT Non-Applicability: Debt funds and purchases are STT-exempt.

NISM 5B Mutual Fund Foundation

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