March 20, 2025
Communiqué/Press Release
NISM/Certification/Series-XIX-A: AIFD-Cat I&II/2025/01 dated March 20, 2025
This is with reference to NISM Communiqué /Press Release Ref no. NISM/Certification/Series-XIX-A: AIFD-Cat I&II/2021/01 dated February 5, 2021 announcing the launch of NISM-Series-XIX-A: Alternative Investment Funds (Category I and II) Distributors Certification Examination for persons working as Distributors or Placement Agents in AIF (Category III) domain or persons desirous of servicing as Distributors or Placement Agents in AIF (Category III) domain.
The examination is being offered to the candidates since February 5, 2021 and has been updated periodically for product and regulatory changes.
This Communiqué notifies reduction of negative marking for NISM-Series-XIX-A: Alternative Investment Funds (Category I and II) Distributors Certification Examination w.e.f. April 1, 2025.
Details of the revised NISM-Series-XIX-A: Alternative Investment Funds (Category I and II) Distributors Certification Examination are given in Annexure-I and Annexure-II of this communiqué/press release.
The text of these Annexures and the registration details will be made available at www.nism.ac.in.
–Sd—
Sunil Kadam
Registrar
National Institute of Securities Markets
Enclosures: Annexure I and Annexure II
SEBI Circular for NISM Series XXV-A: Persons Associated with Research Services (Sales and Other Non-Core Services) Certification Examination dated March 11, 2026
NISM/Certification/ NISM Series XXIII – Social Impact Assessors Certification eCPE Program /2026/01 dated March 02, 2026.
NISM/Certification/ NISM-Series-XXV-A: Persons Associated with Research Services (Sales and Other Non-Core Services) Certification Examination/2026/01 dated January 30, 2026.
NISM/Certification/AIF Managers CPE/2026/01 dated January 30, 2026
NISM/Certification/ NISM Series XV: Research Analyst Certification Examination/2025/dated December 05, 2025
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