#nismva

[zfunds]

Things to Know about Nism Va Certification Exam

The NISM exam is organized by the National Institute of Securities Market. The goal of the NISM Exam is to establish a minimum level of knowledge for all candidates involved in the sale and distribution of mutual funds, including individual mutual fund distributors, staff members of companies that sell and distribute mutual funds, and employees of asset management companies (AMC), particularly those involved in mutual fund sales and distribution. The accreditation aims to improve the industry's distribution, sales quality, and associated support services.

Eligibility Criteria for NISM VA Certification Exam

The National Institute of Securities Market's (NISM) recommendations:

Candidates should be at least 18 years old if they want to become a distributor or advisor of mutual funds. 

According to the Association of Mutual Funds (AMFI) website, there are no defined educational requirements.

Modes to appear in NISM Exam 

One can take the test in either Hindi or English, according to the NISM information provided by the Association of Mutual Funds (AMFI) website.

For the Hindi language, the NISM Exam must be taken offline, whereas both online and offline options are available for the English language.

All NISM-related details are available on the AMFI website, the NISM certificate is valid for about 3 years. 

NISM Examination Pattern

The question paper consists of 100 questions.

Each question carries one mark.

To qualify for this particular exam the candidate needs to score at least 50 % of the marks.

There is no negative marking. 

The Enrollment Process for the NISM Examination 

To complete the NISM certification registration process, you need to log in and click on the new account option.

Finish creating your profile for NISM registration.

 A passport-size photo, an Aadhar card, and a PAN card must all be scanned and saved in JPG format.

Following registration and verification for the NISM test, the profile is authorized in 3 days.

To schedule the NISM Series V-A test (offered in Hindi and English), log in.

choosing a city, choosing a time window, and paying Rs. 1,500 constitute a booking.

If you wish to take the exam online from home, choose online under location.

The workbook may be accessed through the NISM portal. Download it and prepare for the test.

You must apply for ARN once you pass the exam.

You can prepare for the NISM VA certification examination confidently with ZFunds. As a result, we would be delighted to provide you with whatever assistance you require in your efforts to obtain the certification and the necessary skill set.

[zfunds]

Take Your First Step to Financial Freedom with NISM V A Certification

The mutual fund industry in India is booming and there lies an amazing career opportunity for you. Start your own mutual fund distribution business and feel complete financial freedom. Mutual fund distributors earn handsome commissions on mutual fund investments of their clients. If you think you have what it takes to become a successful mutual fund distributor, then start your journey today. Now you may be wondering about the process. Well, here it is: 

Get NISM Certification 

Not sure what is NISM certification ? NISM or the National Institute of Securities Markets is a trust established by SEBI in 2006 to offer mandatory certification for individuals in the securities market. You can register for the exam on the official NISM website. While there are several courses or certifications available, the NISM Series V A certification exam is the one essential to become a mutual fund distributor. 

Apply for ARN Number

Not sure what is ARN code? ARN number or ARN code, short for AMFI registration number, is a unique code assigned to a registered mutual fund distributor by the Association of Mutual Funds in India. This number is a testament to the legitimacy of the distributor. Once you have successfully cleared the NISM V A Mutual Fund Distributor exam, and obtained your passing certificate, then the next step is to apply for the ARN number with the AMFI. Several other documents, such as PAN Card Copy, Aadhaar Card Copy, Passport-sized Photo, Proof of Bank Account, etc are required at the time of application. 

Register with AMCs

Once you have your ARN number, you can become a mutual fund distributor and start selling units of mutual fund schemes to your clients. The only thing left to do now is register with asset management companies. These are the organizations that run mutual funds. You can also sign up with large distributors that have partnerships with these asset management companies and start onboarding clients. 

Mutual fund distribution is a lucrative career option where you can earn a great living simply by facilitating buying and selling of mutual fund schemes. AMCs pay out marvelous commissions to distributors for their efforts in promoting MF schemes among potential investors. If you are preparing for the NISM certification exam, do not forget to test your knowledge and preparation with an NISM VA mock test. You can easily find one online with a simple Google search.