NISM-Series-V-A: Mutual Fund Distributors Certification Examination NISM/Certification/Series-V-A: MFD/2020/01 dated January 31, 2020

National Institute of Securities Markets

Communiqué/Press ReleaseNISM-Series-V-A: Mutual Fund Distributors Certification ExaminationNISM/Certification/Series-V-A: MFD/2020/01 dated January 31, 2020

This is with reference to NISM/Certification/Series-V-A: MFD/2010/01 dated May 05, 2010, specifying that NISM-Series-V-A: Mutual Fund Distributors Certification Examination as the requisite standard for associated persons including distributors, agents, brokers, sub-brokers or called by any other name, employed or engaged or to be employed or engaged in the sale and/or distribution of mutual fund products.

 The examination is being offered to the candidates since June 1, 2010 and has been updated yearly for product and regulatory changes. In order to incorporate market and regulatory changes, NISM has updated the NISM-Series-V-A: Mutual Fund Distributors Certification Examination. The updated NISM-Series-V-A: Mutual Fund Distributors Certification Examination will be launched with effect from March 31, 2020.

 The NISM-Series-V-A: Mutual Fund Distributors Certification Examination with its current content (as per the existing test objective and workbook) will be available to the candidates till March 30, 2020 and will be replaced by the updated examination (as per the revised test objectives and workbook) from March 31, 2020.

 Details of the updated examination can be downloaded from the website of NISM.

 Details of the updated NISM-Series-V-A: Mutual Fund Distributors Certification Examination is given in Annexure-I and Annexure-II of this communiqué/press release.

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

–Sd–                            

Sunil Kadam

Registrar

National Institute of Securities Markets

 Copy to:

Chief General Manager, Investment Management Department (IMD), SEBI

Enclosures: Annexure I and Annexure II