Mutual Fund Foundation Certification Examination Overview

If you are an authorized signer on a Foundation account, you may access departmental funds by completing a Check Request Form and attaching documentation (receipt/invoice/etc.) for the expenses. You may choose to have your Foundation funds transferred into your college finance account (using an FOAP), request a check (direct mail or pickup), or transfer to a student account (include student L #).

 

What are the course objectives?
  • Postal agents
  • Retired government and semi-government officials (class III and above or equivalent) with a service of at least 10 years
  • Retired teachers with a service of at least 10 years
  • Retired bank officers with a service of at least 10 years, and other similar persons (such as Bank correspondents) as may be notified by AMFI/AMC from time to time
Course Fees ?

 Fees Details:

Name of Module: NISM-Series-V-B: Mutual Fund Foundation Certification Examination

Fees (Rs.) Test Duration (in minutes) No. of Questions Maximum Marks Pass Marks (%) Certificate # Validity (in years)
1200+ 120 50 50 50 3

+ Payment gateway charges extra.

# Passing Certificate will be issued only to those candidates who have furnished/ updated their Income Tax Permanent Account Number (PAN) in their registration details.

Benefits from this Course ?

Mutual funds are a ready made investment vehicle for individuals with no prior knowledge about investing. They can start investing with a very small amount, say, Rs 500. 

Two, investors can leave the job of investing the money and monitoring the investments regularly to professional Mutual funds are a ready made investment vehicle for individuals with no prior knowledge about investing for a small fee. Three, you will get a diversified portfolio even with a small investment. Most importantly, it is very convenient to buy and sell a mutual fund.

Mutual Fund Foundation Syllabus 

 

Chapter – 1:  Concept and Role of a Mutual Fund

  • Concept of a mutual fund
  • Advantages and limitations of mutual fund
  • List different types of funds

Chapter – 2: Fund Structure and Constituents  

  • Legal structure of mutual funds in India
  • Role of Trustee, Sponsor, and AMC
  • Other Service Providers and their functions

Chapter – 3:  Legal and Regulatory Environment 

  • Role of the regulators in Mutual Fund Industry
  • Know the salient features of the AMFI Code of Ethics and AMFI Guidelines & Norms for Intermediaries (AGNI)
  • Know the Investor rights and obligations

Chapter – 4: Offer Document

  • Know the process of New Fund Offer (NFO)
  • Know the Investment Objective, Investment Policy, and Investment Strategy
  • Know the regulatory aspects of an offer document
  • Know the salient features of Scheme Information Document (SID), Statement of Additional Information (SAI) and Key Information Memorandum (KIM)

Chapter – 5: Fund Distribution and Sales Practices

  • Know the various distribution channels for mutual funds
  • Know the pre-requisites for becoming a mutual fund distributor
  • Know the elements covered in an agreement between a distributor and a mutual fund
  • Know the sales practices and commission structure

Chapter – 6: Mutual Fund Products

  • Product features of diversified equity schemes, fixed maturity plans, and index schemes
  • Features of SEBI regulations on Risk disclosures and Return presentations
  • Fact sheet and their uses

Chapter – 7: Investor Services

  • Know the process of purchase transactions
  • Know the processes of redemptions by investors
  • Know the processes relating to systematic investment plans
  • Know the processing relating to systematic withdrawals and transfers
  • Know the other investor services and facilities offered by mutual funds.
  • Know the contents and periodicity of Statement of account to the investor
  • Explain the process for Nomination and Pledge
  • Know the service standards mandated for a mutual fund towards its investors

Chapter – 8:  Selecting the Right Investment products for Investors  

  • Analyzing needs and profile of the client.
  • Identifying the ideal Mutual Fund product for investors.

Chapter – 9: Helping Investors with Financial Planning

  • Need for Financial Planning
  • Role of different asset classes and allocation
  • Basics steps of financial planning.