NISM/Certification/Series-V-C: MFD (L2)/2022/01 dated February 24, 2022

National Institute of Securities Markets

Communiqué/Press Release

NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination

NISM/Certification/Series-V-C: MFD (L2)/2022/01 dated February 24, 2022

NISM vide its communique NISM/Certification/Series-V-C:MFDL2/2013/01 dated March 26, 2013 had launched NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination for those candidates who wish to assess themselves against higher standards of overall expertise related to mutual funds sales and distribution functions and to enable a better understanding of features of advanced mutual fund products, fund valuation, fund performance measurements, investor services and related regulations.

In order to incorporate changes in the mutual fund industry, fund categories, investor services, etc., NISM has updated the NISM-Series-V-C: MFD (L2) Certification Examination. The updated NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination will be launched with effect from April 4, 2022.

The NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination with its current content (as per the existing test objective and workbook) will be available to the candidates till April 3, 2022 and will be replaced by the updated examination (as per the revised test objective and workbook) from April 4, 2022.

Details of the updated examination can be downloaded from the website of NISM.

Details of the updated NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination is given in Annexure-I and Annexure-II of this communiqué/press release.

The text of these Annexures and the registration details are available at www.nism.ac.in.

—Sd—

Sunil Kadam

Registrar

National Institute of Securities Markets

Enclosures: Annexure I and Annexure II