Important: FreeNISMMockTest.com is an independent educational platform and is NOT affiliated with, endorsed by, or registered with NISM (National Institute of Securities Markets) or SEBI (Securities and Exchange Board of India). We are not a SEBI-registered entity. Mock tests on this site are for practice and study purposes only.

Who We Are

FreeNISMMockTest.com is an independent educational platform created by finance enthusiasts who have personally gone through the NISM certification process. We understand how challenging and expensive exam preparation can be — so we built this platform to make quality NISM practice tests freely available to everyone.

We are a small team of NISM-certified professionals and educators with backgrounds in mutual funds, equity markets, and financial advisory. We are not affiliated with NISM, SEBI, AMFI, or any other regulatory body. This is a passion project dedicated to helping the next generation of finance professionals in India.

Our Mission

Our mission is simple: make NISM exam preparation 100% free and accessible for every aspiring finance professional in India.

Many competing platforms charge ₹149 to ₹599 or more for mock tests that should be freely available. We believe that the barrier to entering a finance career should not be the cost of exam preparation material. NISM certifications are mandatory for many financial roles — the practice tests to clear them should be free.

🆓
Always Free

No login. No payment. No hidden charges. Ever.

📚
Quality Content

Questions based on official NISM syllabus and workbooks.

📱
Mobile Friendly

Practice on any device — phone, tablet, or desktop.

What We Offer

  • Free mock tests for 15+ NISM certification exams including Series V-A, VIII, I, XV, X-A, VI, and more.
  • Countdown timer that simulates real exam conditions — 120 or 180 minutes depending on the exam.
  • Detailed explanations for every question so you learn, not just practice.
  • Topic-wise result analysis showing which areas you are strong in and which need more work.
  • Question navigator to jump between questions and mark for review — just like the real exam.
  • Negative marking simulation — each wrong answer deducts 0.25 marks as per actual NISM rules.
  • Shuffled questions on every attempt so you cannot memorise the order.
  • Dark and light mode for comfortable study at any time of day.
  • Share results on WhatsApp and Twitter, and challenge friends to beat your score.
  • No login required — zero friction, start practising in one click.

Our Expertise & Experience

The questions and content on this platform are prepared by individuals who have:

  • Personally cleared multiple NISM certification exams including Series V-A, VIII, X-A, and XV.
  • Worked in mutual fund distribution, equity research, and financial advisory roles.
  • Studied the official NISM workbooks and SEBI circulars as primary reference material.
  • Followed syllabus updates from the official NISM website at nism.ac.in.

All questions are based on publicly available NISM study material and official syllabi. We update our question banks when NISM revises its workbooks or exam patterns. However, we strongly recommend referring to the official NISM workbooks for authoritative and up-to-date content.

This platform provides educational content only. We do not provide financial, investment, or legal advice. All information is for exam preparation purposes. Always consult qualified professionals for financial decisions.

Accuracy & Content Updates

We are committed to maintaining accurate and up-to-date practice questions. Here is how we ensure quality:

  • Questions are reviewed against the official NISM workbooks before publishing.
  • We monitor NISM's website for syllabus changes and exam pattern updates.
  • We update question banks when NISM revises its workbooks.
  • Users can report errors via our Contact page and we review all reports promptly.

Despite our best efforts, some questions may not reflect the very latest changes. We always recommend using the official NISM workbooks as the primary source of truth for your exam preparation.

Get in Touch

We welcome feedback, error reports, and suggestions. If you find a question that is incorrect or outdated, please let us know — we update the question bank as soon as possible.

You can reach us through our Contact page. We typically respond within 2–3 business days.

✉️ Contact Us 📝 Start Practising