NISM/Certification/Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination/2025/01 dated March 03, 2025

 

 NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination

 Communiqué/Press Release

This is with reference to NISM Communique/Press Release Ref no. NISM/Certification/Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination/2021/01 dated Feb 16, 2021 announcing the launch of  NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination  for PMS Distributors.

Subsequently, SEBI Notification Ref. No. SEBI/LAD-NRO/GN/2021/48 dated September 7, 2021 mandated that the associated persons, engaged by a Portfolio Manager as a distributor of the Portfolio Management Services shall be required to pass the NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination.

The Series XXI-A examination is being offered to the candidates since February 24, 2021 and has been updated periodically. NISM has now revised the examination structure of NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination and the revised examination will be available to the candidates with effect from March 15, 2025.

The NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination with its current content (as per the existing test objective and workbook) will be available to the candidates till March 14, 2025 and will be replaced by the revised examination (as per the revised test objectives, workbook and examination structure) w.e.f March 15, 2025.

Details of the revised NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination are given in  Annexure-I  and Annexure-II of this communiqué/press release.

The text of these Annexures and the registration details will be made available at www.nism.ac.in.  

 

–Sd–

Sunil Kadam

Registrar

National Institute of Securities Markets

Enclosures: Annexure I and Annexure II