NISM Series VA Mutual Fund Distributors

Aligned to NISM curriculum for NISM Series VA Certification Exam.
Aligned to NISM curriculum for NISM Series VA Certification Exam. This Online Training Course on NISM Series is delivered by a Finance experts. NISM Series VA Examination Objectives: The certification aims to enhance the quality of sales, distribution and related support services in the mutual fund industry.
Course Faculty
Mr. Lakshminarayanan R
A CA, CFP, CWM and ACCA CertIFR with strong finance background. more>>
Course Offerings
12 Lecture Topics
3+ Hours of Video Lectures
4+ Practise Tests With Solutions
Interactive Discussion Forum
Learning Tracker
Mock Exams
Flash Card
( Can be downloaded as pdf )
( Can be downloaded as pdf )
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  • 180 Days access to HD Video Lecture delivered by industry experts
  • Interactive Discussion Forum for solving queries.
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Course Overview

Aligned to NISM curriculum for NISM Series VA Certification Exam.

This Online Training Course on NISM Series VA Mutual Fund Distributors is delivered by ApnaCourse team of Finance experts

NISM Series VA Examination Objectives

The certification aims to enhance the quality of sales, distribution and related support services in the mutual fund industry.
On successful completion of the examination the candidate should:
  • Know the basics of mutual funds, their role and structure, different kinds of mutual fund schemes and their features.
  • Understand how mutual funds are distributed in the market-place, how schemes are to be evaluated, and how suitable products and services can be recommended to investors and prospective investors in the market.
  • Get oriented to the legalities, accounting, valuation and taxation aspects underlying mutual funds and their distribution.
  • Get acquainted with financial planning as an approach to investing in mutual funds, as an aid for mutual fund distributors to develop long term relationships with their clients.
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 no negative marking. The certificate is valid for 3 years.

Course Curriculum
1 Introduction Part 1 17:55
2 Introduction Part 2 12:29
3 Fund Structure and its Constituents 13:42
4 Legal and Regulatory Environment 20:15
5 Offer Document 08:44
6 Fund Distribution and Channel Management Practices Preview 03:09
7 Accounting, Valuation and Taxation Part 1 11:29
8 Accounting, Valuation and Taxation Part 2 22:27
9 Return, Risk and Performance of Funds 21:25
10 Scheme Selection 09:57
11 Helping investors with Financial Planning 09:54
12 Course Recap 09:06
NISM 5A Practise Test 1  
NISM 5A Practise Test 2  
NISM 5A Practise Test 3  
NISM 5A Practise Test 4  
NISM 5A Mock Exam 1  

Eligibility Criteria

Eligibility criteria for NISM Series VA

The examination seeks to create a common minimum knowledge benchmark for all persons involved in selling and distributing mutual funds including:
  • Individual Mutual Fund Distributors
  • Employees of organizations engaged in sales and distribution of Mutual Funds
  • Employees of Asset Management Companies especially persons engaged in sales and distribution of Mutual Funds
The candidate should have passed Higher Secondary exam or Diploma. Should also have a valid PAN card.

Ratings & Reviews
Mr. Bernard George

Mr. Vivek Gupta
Director, Aspire Consulting
I like clear and concise study material. This series exceeded my expectations.


Uday Kamath
Good modules...

Mr. Saurabh Chaudhary

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Course Expert
Mr. Lakshminarayanan R
A Chartered Accountant, a Certified Financial Planner (CFP), a Chartered Wealth Manager (CWM) and ACCA CertIFR (Certificate in Financial Reporting), with 7+ years of domain experience in Financial Planning and Wealth Management.

He is the director at Fourth Dimension Wealth Management Services (P) Ltd. and was the proprietor at Intelliplan Investment Advisors.

He is a Certified Professional on Derivatives by the Institute of Chartered Accountants of India (ICAI). He is also certified by National Institute of Securities Markets on Securities Operations and Risk Management, Equity Derivatives and many more. He is also a Guest Speaker at Christ University, Bangalore and The Institute of Chartered Accountants of India (ICAI), Pune Branch of Western Indian Regional Council on topics such as Prudent Financial Planning and Investment Avenues in the Indian Capital Market.
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