NISM NISM Series V-B: Mutual Fund Foundation Certification

📝 40 Questions ⏱️ 120 Minutes 🎯 Pass: 50% ⚠️ Negative Marking: 0.25
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Topics Covered in This Mock Test

  • ✅ Introduction to Mutual Funds
  • ✅ Types of Funds (Equity, Debt, Hybrid)
  • ✅ SIP & Systematic Plans
  • ✅ Investor Rights & KYC
  • ✅ NAV & Expense Ratio
  • ✅ SEBI Regulations

All questions are based on the official NISM Series V-B syllabus. Questions are shuffled on every attempt. Explanations are shown after each answer.

Why Use This Mock Test?

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Countdown Timer

Simulates real exam conditions

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Detailed Explanations

Learn why each answer is correct

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Topic-wise Analysis

See which topics need more work

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Questions Shuffled

Different order every attempt

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Negative Marking

0.25 deduction — exactly like the real exam

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Completely Free

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Frequently Asked Questions — NISM Series V-B

NISM V-A (Mutual Fund Distributors) is required for ARN holders who actively distribute mutual funds. NISM V-B (Mutual Fund Foundation) is an introductory certification covering basics of mutual fund investing.

Yes. NISM Series V-B is an introductory foundation level certification. NISM Series V-A has a more comprehensive syllabus required for actual mutual fund distribution.

NISM Series V-B requires 50 out of 100 marks to pass. The exam has 100 questions in 120 minutes with 0.25 negative marking.

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Disclaimer: FreeNISMMockTest.com is not affiliated with NISM or SEBI. Mock tests are for practice only. Always study the official NISM workbook for authoritative content. Visit nism.ac.in to register for the actual exam.
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