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NISM Series V A: Mutual Fund Distributors Mock Test

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Explore the Exam and Question Bank particulars
NISM Series V A: Mutual Fund Distributors Mock Test and NISM Series V-A Question Bank details

The examination aims to establish a standardized baseline of knowledge for individuals engaged in the sales and distribution of mutual funds. This includes:

  • Individual Mutual Fund Distributors
  • Employees working in organizations involved in the sales and distribution of Mutual Funds
  • Employees of Asset Management Companies, particularly those involved in the sales and distribution of Mutual Funds

The certification program is designed to elevate the standards of sales, distribution, and associated support services within the mutual fund industry and clear NISM Series V A with good marks.

Examination Objectives

Upon successful completion of the examination, candidates should:

  • Possess a foundational understanding of mutual funds, encompassing their role, structure, and various types of schemes, along with their distinctive features.
  • Demonstrate comprehension of the market dynamics involved in the distribution of mutual funds. This includes the ability to evaluate schemes, recommend suitable products and services to investors, and provide guidance to prospective investors.
  • Gain orientation to the legal, accounting, valuation, and taxation aspects associated with mutual funds and their distribution, enhancing their overall knowledge in these crucial areas.
Assessment Structure

The examination comprises 100 questions, each carrying a weight of 1 mark. Candidates are allocated 2 hours to complete the test. To pass, a candidate must achieve a minimum score of 50 percent. Importantly, there is no negative marking for incorrect answers.


The NISM Series V A Mutual Fund Distributor Exam serves to establish a standardized baseline of knowledge essential for individuals engaged in the sales and distribution of mutual funds. This encompasses Individual Mutual Fund Distributors, along with employees operating within organizations involved in the sales and distribution of Mutual Funds. Additionally, it extends to employees of Asset Management Companies, particularly those directly engaged in the sales and distribution of Mutual Funds. Through this examination, participants acquire comprehensive understanding and proficiency crucial for effectively navigating the dynamic landscape of mutual fund sales and distribution.


The exam also includes knowledge proficiencies such as understanding India’s financial structure and the significance of the many regulations and guidelines controlling the securities market in India, particularly those governing the segment of equity derivatives.


Wish You All The Best For Your NISM Series V A: Mutual Fund Distributors Mock Test & Exam!!!

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