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What is minimum qualification for NISM exam?

Posted on March 21, 2020 by Author

Table of Contents

  • 1 What is minimum qualification for NISM exam?
  • 2 Who can become mutual fund distributor?
  • 3 Can a individual be mutual fund distributor?
  • 4 How to become a mutual fund agent in India?
  • 5 What is mutmutual Fund Distributor?

What is minimum qualification for NISM exam?

There is no eligibility requirement with regards to age as well as educational qualification to take the NISM exam.

Who can become mutual fund distributor?

Any individual above the age of 18 years can act as a mutual fund distributor or agent. Also, the candidate should qualify for class 12 or class 10 with three years of diploma. The minimum requirement to become a mutual fund distributor is the completion of NISM Series V-A: Mutual Fund Distributors Certification.

Who is eligible for NISM?

Anyone who is 18 years and above can participate in the NISM exam and become a mutual fund distributor/ advisor. There is no educational qualification listed as per the Association of Mutual fund (AMFI) website.

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What is grandfather by age in NISM?

*Grandfather: Any person who has completed the age of 50 years as on May 31, 2010, or who has an experience of 10 years or more as a distributor, agent or any person employed or engaged in the sale and/or distribution of Mutual Fund products, as on May 31, 2010, can be classified under the Grandfather Category.

Can a individual be mutual fund distributor?

Mutual fund distributor is an individual or entity that helps investors to buy and sell mutual funds. They earn income in the form of commission from mutual funds investment.

How to become a mutual fund agent in India?

Education: The minimum qualification is Class 12 or Class 10 with 3 years of Diploma. The candidate should have attained the age of 18 years minimum to become a Mutual Fund Agent. Now you are eligible to apply for the NISM Series V A Mutual Fund Distributors Certification. And get registered with the AMFI (Association of Mutual Fund in India).

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How to become a mutual fund distributor or agent?

Any individual above the age of 18 years can act as a mutual fund distributor or agent. Also, the candidate should qualify for class 12 or class 10 with three years of diploma. The minimum requirement to become a mutual fund distributor is the completion of NISM Series V-A: Mutual Fund Distributors Certification.

Who is eligible for NISM series V (a)?

(A) Eligibility Criteria for NISM Series V (a): Mutual Fund Distributors CPE Program Any person holding any of the following Certificates: (a) NISM Series V (a): Mutual Fund Distributors Certification Examination (b) NISM Series V (a): Mutual Fund Distributors Continuing Professional Education

What is mutmutual Fund Distributor?

Mutual fund distributor is an individual or entity that helps investors to buy and sell mutual funds. They earn income in the form of commission from mutual funds investment. They should understand the investor’s situation, risk tolerance levels and financial goals to suggest a suitable plan for them.

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