Revision of NISM-Series- V-A: Mutual Fund Distributors (MFD) Certification Examination w.e.f August 14, 2018

The examination seeks to create a common minimum knowledge benchmark for all persons involved in selling and distributing mutual funds including:

The certification aims to enhance the quality of sales, distribution and related support services in the mutual fund industry.

Examination Objectives:

On successful completion of the examination the candidate should:


Assessment Structure:

The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 50%. There shall be no negative marking.

Test Details:

Name of Module: NISM-Series-V-A: Mutual Fund Distributors Certification Examination

Fees (Rs.) Test Duration (in minutes) No. of Questions Maximum Marks Pass Marks* (%) Certificate # Validity (in years)
1500+ 120 100 100 50 3