May 5, 2010
National Institute of Securities MarketsCommuniqué/Press ReleaseNISM-Series-V-A: Mutual Fund DistributorsCertification ExaminationNISM/Certification/Series-V-A: MFD/2010/01 dated May 05, 2010
In exercise of the powers conferred by sub-regulation (3) of regulation 7 of the Securities and Exchange Board of India (Certification of Associated Persons in Securities Markets) Regulations 2007, National Institute of Securities Markets (NISM) in consultation with the Securities and Exchange Board of India hereby specifies the NISM-Series-V-A: Mutual Fund Distributors Certification Examination as the requisite standard for associated persons including distributors, agents, brokers, sub-brokers or called by any other name, employed or engaged or to be employed or engaged in the sale and/or distribution of mutual fund products.
The NISM-Series-V-A: Mutual Fund Distributors Certification Examination, offered by NISM, will be available to the associated persons from June 1, 2010.Details of NISM-Series-V-A: Mutual Fund Distributors Certification Examination are given in Annexure-I and Annexure-II attached to this communiqué/press release.
The text of these Annexures and the registration details are available at www.nism.ac.in.-sd-M. L. SonejiRegistrarNational Institute of Securities Markets
Copy to:
Executive Director, IMD, SEBI
Executive Director, LAD, SEBI
CEO, AMFI
Enclosures: Annexure I and II
For Annexure I – Syllabus Outline Click Here
For Annexure II – Test Objectives Click Here
SEBI Circular for NISM-Series-V-D: Mutual Fund – Specialized Investment Fund Distributors Certification Examination dated July 21, 2026
NISM/Certification/NISM-Series-V-D: Mutual Fund – Specialized Investment Fund Distributors Certification Examination/2026/01 dated July 14, 2026
SEBI Circular for NISM-Series-XXV-B: Persons Associated with Investment Advice (Sales and Other Non-Core Services) Certification Examination dated June 24, 2026
NISM/Certification/ NISM-Series-XXV-B: Persons Associated with Investment Advice (Sales and Other Non-Core Services) Certification Examination/2026/01 dated May 18, 2026.
SEBI Circular for NISM Series XXV-A: Persons Associated with Research Services (Sales and Other Non-Core Services) Certification Examination dated March 11, 2026
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