How Prepare NISM VA series exam

People may get confused when it can be the best NISM VA Preparation Tips? They keep scrolling the internet and gets nothing. In this article, we will study about NISM VA Preparation Tips.

The NISM Series V A: Mutual Fund Distributors Certification (English) Exam is a mandatory exam for those persons who wish to get registered with AMFI for starting their own Mutual Fund Distribution business. It is also very useful and sometimes a pre-requisite for employees of Banks, Stock Broking Companies, MF distribution companies, etc.

21 examinations include under NISM exams and are mandated based on various regulatory provisions.

Once you enrol for the examination on the NISM website, you are provided with a workbook, which has the complete syllabus and related material. The workbook is quite complete and adequately covers the entire syllabus.

Preparation would depend on the examination you want to take and on the educational and professional background of the student. Examinations like a mutual fund, securities operations, and depository operations are easier and require a thorough revision of the workbook and preparation with a question bank.

Examinations like NISM Equity Derivatives, Currency Derivatives are tougher and require an in-depth understanding of concepts around derivatives. As suggested in some other answers, this knowledge can be obtained through youtube or online courses offered by different websites.

For students who are taking examinations like Investment Adviser Level 1 and Investment Adviser Level 2, I would recommend that the student have prior knowledge and should have cleared the mutual fund distributor or equity derivatives examination. There are a certain number of questions that come in both these tests that are not covered in the prescribed workbooks.