NISM/Certification/AIF Managers CPE/2026/01 dated January 30, 2026

Communiqué/Press Release

NISM-Series-XIX-C: Alternative Investment Fund Managers Certification Examination

Further to our press release NISM/Certification/CPE General/2011/1 dated December 21, 2011, NISM/Certification/CPE General/2011/2 dated January 23, 2012 and NISM/Certification/CPE General/2013/2 dated June 1, 2013, and in exercise of the powers conferred by sub-regulation (1) of Regulation (9) of SEBI (Certification of Associated Persons in Securities Markets) Regulations, 2007, pursuant to Continuing Professional Education (CPE) requirements for associated persons functioning in the key Investment team of the Manager of an Alternative Investment Fund as mentioned in SEBI Notification No.: SEBI/LAD-NRO/GN/2024/176 – dated May 10, 2024; NISM now specifies the online CPE Program (eCPE) for “NISM-Series-XIX-C: Alternative Investment Fund Managers Certification Examination”.

Background:
National Institute of Securities Markets (NISM) performs two functions delegated to it under the Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) (SEBI CAPSM) Regulations, 2007. These are:

• 1. Offering mandatory certification examinations for associated persons of securities market intermediaries.
• 2. Offering Continuing Professional Education (CPE/eCPE) programmes for associated persons of market intermediaries who are holding valid certificates.

CPE Requirements:

The CPE structure has been specified vide communiqué NISM/Certification/CPE General/2011/1 dated December 21, 2011 and NISM/Certification/ CPE General/2013/2 dated June 1, 2013.

Accordingly, on or before expiry of the validity of the certificate possessed by an associated person, the associated person needs to either successfully complete the programme of continuing professional education (CPE/eCPE) specified by NISM during 12 months preceding the date of expiry of the certificate, or pass the relevant NISM Certification Examination before the expiry of the existing certificate, so as to have the certificate revalidated for a further period of three years.

The fees for the eCPE program is Rs. 2500/- (Rupees Two Thousand Five Hundred Only). The certificate will be revalidated for a period of 3 years from the date of expiry of the existing certificate.

Launch Date:

The eCPE Program will be made available from February 6, 2026 by NISM.

The Program details will be made available shortly at www.nism.ac.in

—sd—

Yogita Jadhav

Registrar

National Institute of Securities Markets

Copy to:

• 1. Executive Director, AFD, SEBI