NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents – Mutual Fund Certification Examination

Revised launch of NISM Series-II-B: Registrars to an Issue and Share Transfer Agents – Mutual Fund Certification Examination w.e.f. October 29, 2022

The examination seeks to create a common minimum knowledge benchmark for persons working in Registrars to an Issue and Share Transfer Agents (R&T agent) organizations in the mutual fund R&T function, in order to enable better quality investor service, operational process efficiency and risk controls.

Examination Objectives

On successful completion of the registrars and transfer agents examination, the candidate should:

  • Know the basics of securities and securities markets
  • Understand broadly the role and functions of the RTAs in the mutual fund issuance and transaction process.
  • Know the regulatory environment in which the RTAs operate in India.

Assessment Structure

The registrars and transfer agents examination will consist of 100 questions of 1 mark each, adding to 100 marks. The examination should be completed in 2 hours. There shall be negative marking of 25% of the marks assigned to a question. The passing score for the examination will be 50 marks.

Test Details:


Name of Module: NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents – Mutual Fund Certification Examination

* Negative marking – 25% of the marks assigned to the question.
+ Payment gateway charges extra.
# Passing Certificate will be issued only to those candidates who have furnished/ updated their Income Tax Permanent Account Number (PAN) in their registration details.

  • 1500+
  • 120
  • 100
  • 100
  • 50
  • 3