Preparation Tips for NISM Mutual Fund Distributors Certification Exam

NISM-Series-V A: Mutual Fund Distributors Certification Examination is one of the important exams, conducted by NISM (National Institute of Securities Market). It’s very helpful module for the peoples, those are willing to work in the field of mutual funds. The aim of this certification is to enhance the quality of sales, distribution and related support services in the mutual fund industry.

To clear NISM Series V A: M. F. D. Certification Exam, candidate should have knowledge of following things:

  1. Concept and role : Before attempting NISM V-A Certification Exam, you should have a clear picture of MF in your mind. In other words, we can say that how it works. So just try to know the concept and role model of a mutual fund. In this section, you have to learn lot of things like Advantages and limitations of a mutual fund, Exchange Traded Funds (ETF), Investment objectives, Fund running expenses and some of the others.
  2. Fund Structure and Constituents: In this, you need to learn the things about the Structure of MF in India and related regulations, Role of the sponsor and Role of other fund constituents and related regulations.
  3. Legal and Regulatory Environment: Know the Role and functions of SEBI (Securities and Exchange Board of India) in regulating MF and take a look on investment restrictions and related regulations.

There are some other important sections in this module as: Offer Document, Fund Distribution and Sales Practices, Accounting, Valuation and Taxation, Investor Services, Risk, Return and Performance of Funds, Scheme Selection, Selecting the Right Investment products for Investors, Helping Investors with Financial Planning and Recommending Model Portfolios and Financial Plans.

Before attempting NISM Series V A Certification exam, you should have knowledge of above listed things. Now collect relevant information from your books or try to find out the things online. In modern age, it’s very easy to find out any of the informations online easily and quickly. You may also collect some information from the site of NISM.

So learning all of the above listed things will help you in clearing NISM-Series-V A: M. F. D. Certification Examination easily with high marks.

Other thing, you can find out the model paper of NISM series-V-A online for preparation. Take a mock test or practice test online for the module of NISM Series V A: Mutual Fund Distributors Certification Exam. Now you can also test yourself by giving NISM series V A mock test online.

6 Tips to Help You Pass Your PMP Certification Exam

PMP is short for the Project Management Professional, which is a certification. This certification is offered by the Project Management Institute (PMI). This certificate is a great choice for different project managers. According to PMI, if you have this certificate, you can get a higher paying job. Moreover, it can help you complete your projects on time without going beyond your budget limits. Given below are a few tips that can help you get your PMP certification.

1. Don’t just rely on the PMBOK Guide

While getting ready for your exam, don’t make the mistake of relying on the PMBOK Guide only. It’s like studying Greek on your own without any support material. There are lots of new terms in the PMBOK that you may find much harder to understand. What you need to do is think of the PMBOK as a reference text instead of a study course.

2. Create a Custom Study Plan

The exam will test you in different fields and cover a lot of different subject areas. Therefore, you may want to review all of the domains before the exam. This includes studying, taking mock exams, checking out online forums, and reviewing areas that you need more improvement in.

If you don’t plan ahead of time, you may find it difficult to succeed. So, you should create a study plan to meet your needs. Even if you have a simple to-do list, it will help you a lot.

3. Develop your Understanding

This exam will test your concepts in real life scenarios. Since it contains a lot of terminologies, most test takers memorize the terms to achieve success in the exam. If you read regularly, it will help you understand the concepts and use the lessons in real life situations.

The PMP exam is on the list of practical exams that will test your project management theories and concepts in real life. Since there are tons of terms in the domain, most people try to memorize them to pass the exam. But you should develop a better understanding of them.

4. Know Your Exam

Although it sounds simple, your first step is to know the challenges you will have to deal with. For basic information, you can go to the PMI website. On the site, you will find links to tons of useful info like study material, practice questions, exam topics, and so on.

5. Try the Free Resources

You should benefit from free resources as well, such as PMP sample questions, exam content online and the handbook. Actually, the idea is to use these resources to get started. Plus, it will help you evaluate how much you understand the concepts.

6. Take Practice Exams

You should never make the mistake of approaching the exam unless you are well prepared. There will be 200 questions on the exam that you will have to give answers to. And you will have 4 hours to give all your answers.

Hopefully, you will find these tips greatly helpful when it comes to passing the exam.