NISM NISM Series V-A: Mutual Fund Distributors Certification
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Topics Covered in This Mock Test
- ✅ Basics of Mutual Funds
- ✅ SEBI & AMFI Regulations
- ✅ Types of Funds
- ✅ NAV Calculation
- ✅ SIP / SWP / STP
- ✅ Taxation
- ✅ Investor Services
All questions are based on the official NISM Series V-A syllabus. Questions are shuffled on every attempt. Explanations are shown after each answer.
Why Use This Mock Test?
Simulates real exam conditions
Learn why each answer is correct
See which topics need more work
Different order every attempt
0.25 deduction — exactly like the real exam
No login, no payment, ever
Frequently Asked Questions — NISM Series V-A
NISM Series V-A is the mandatory certification for Mutual Fund Distributors (ARN holders) in India, regulated by SEBI and AMFI. Passing this exam is required to obtain an ARN number to sell mutual funds.
The actual NISM Series V-A exam has 100 questions and must be completed in 120 minutes. Passing marks are 50 out of 100. Each wrong answer deducts 0.25 marks.
Yes. Each incorrect answer deducts 0.25 marks. Unanswered questions have no penalty. Our mock test simulates this exactly.