How to be Mutual Fund Dustributor
Steps to be Mutual Fund Distributor
* Register for NISM-Series-V-A-Mutual Fund Distributor Examination.
* Pass the examination
* Apply to get ARN (AMFI Reistration Number)
The way to be mutual fund distributor passes through an examination organised by NISM (NISM-Series-V-A-Mutual Fund Distributor Examination). The main aim of ertification is to enhence the quality of sales, distribution and related support services in mutual fund industry.
To whom this certificate needed
This certification is necessary to person involved in selling and distribution of mutual funds. These may be :
* Individual Mutual Fund Distributor
* Employees of an organisation invlolved in sales and distribution of mutual funds.
* Employees of asset management companies who are involved in sales and distribution of mutual funds.
Examination Structure
NISM-Series-V-A-Mutual Fund Distributor Examination consists 100 questions and each question carry 1 mark. There is negative marking of 25% of the mark assigned to that question. The passing mark of examination is 50%.
How to Register for Examination
To know more about NISM (National Institute of Securities Market) and register for the examination please visit