Frequently Asked Questions (NISM Series-XIX-D: Category I and II Alternative Investment Fund Managers Certification Examination)
1. Who can take NISM Series-XIX-D: Category I and II Alternative Investment Fund Managers Certification Examination?
NISM Series-XIX-D: Category I and II Alternative Investment Fund Managers Certification Examination is suitable for the role of managers of AIFs and their key management team in performing fund management duties, governance of funds, managing conflict of interests etc. The examination focuses on fund management aspects relating to Category I and II AIFs, and also it enhances the quality of fund management activities in the AIF space.
2. How can I register for NISM Series-XIX-D: Category I and II Alternative Investment Fund Managers Certification Examination?
Candidates can register with given link for this exam at: https://certifications.nism.ac.in/nismaol/
After successful registration, candidates may at https://certifications.nism.ac.in/nismaol/ using login credentials. Candidates are required to follow further instructions available on the NISM website.
3. What is the fee structure?
The fees for “NISM Series-XIX-D: Category I and II Alternative Investment Fund Managers Certification Examination” is Fifteen Hundred Rupees only (Rs. 1500 /-) plus taxes.
4. What is the assessment structure?
The examination consists of 60 multiple-choice questions of 1 mark each and 4 case-based questions each case having 5 sub-questions of 2 marks each. It should be completed in 2 hours. There shall be negative marking of 25 percent of the marks assigned to a question. The passing score for the examination is 60% i.e. 60 marks out of 100.
5. Is there any study material available for preparing for this examination?
You will receive a soft copy of the workbook/study material after enrolment for the examination. For non-receipt of soft copy of the workbook/study material, contact NISM at: certification@nism.ac.in
6. Do I have to pay for the study material?
You will receive a soft copy of the workbook/study material free of cost after enrolment for the examination. Candidate can download the workbook from NISM website.
7. I have passed NISM Series-XIX-D: Category I and II Alternative Investment Fund Managers Certification Examination. When will I receive the certificate?
Upon successfully passing the NISM Examination, the NISM certificate will be issued after 72 hours from the date of the exam, provided that your profile is approved as per NISM requirements.
8. Where do I get sample questions for the Certification Examination? How can I appear for a mock test?
Candidates may refer to the chapter-end sample questions and the worked-out examples/ illustrations provided in the workbook. To appear for a mock test, candidates may click here.
9. I have passed NISM Series-XIX-D: Category I and II Alternative Investment Fund Managers Certification Examination and also provided PAN details. However, I have not received the certificate. Whom should I contact?
For non-receipt of certificate, please send an email to certification@nism.ac.in in mentioning your enrolment and exam details.
10. What is the validity period of the certificate
The certificate will be valid for 3 years from the date of the examination
11. How do I renew my certificate?
To renew your current certificate, you need to successfully pass the NISM Series-XIX-D: Category I and II Alternative Investment Fund Managers Certification Examination before the expiry of such certificate.
12. Can I request for re-evaluation of NISM Certification Examinations?
NISM Policy on Re-evaluation of performance of candidates appearing for Certification Examination and resolution of doubts about the questions forming part of such examination, if any.
Click here for Re-evaluation Policy details.
