Problem
Respected Sir, in present atmosphere regarding to become mutual fund distributor, after the SEBI, NSE circular/Notification, we are confused, how to adopt mutual fund agent as career, please suggest the path to become mutual fund advisor, AMFI has been banned for produce new mutual fund agent.
Solution
Sebi has now made it mandatory for mutual fund distributors to pass the certification test (advisors module). It means if you want to become mutual fund advisor or agent, you have to clear certificate test. From June 1, 2010, certification program for mutual fund distributors is being managed by National Institute of Securities Markets (NISM). NISM is a public trust, formed by capital market regulator the Securities and Exchange Board of India (Sebi).
About the Exam. for Mutual Advisor
The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 50%. There shall be negative marking of 25% of the marks assigned to a question.
Respected Sir, in present atmosphere regarding to become mutual fund distributor, after the SEBI, NSE circular/Notification, we are confused, how to adopt mutual fund agent as career, please suggest the path to become mutual fund advisor, AMFI has been banned for produce new mutual fund agent.
Solution
Sebi has now made it mandatory for mutual fund distributors to pass the certification test (advisors module). It means if you want to become mutual fund advisor or agent, you have to clear certificate test. From June 1, 2010, certification program for mutual fund distributors is being managed by National Institute of Securities Markets (NISM). NISM is a public trust, formed by capital market regulator the Securities and Exchange Board of India (Sebi).
About the Exam. for Mutual Advisor
The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 50%. There shall be negative marking of 25% of the marks assigned to a question.
