The NISM exam is organized by the National Institute of Securities Market. The goal of the NISM Exam is to establish a minimum level of knowledge for all candidates involved in the sale and distribution of mutual funds, including individual mutual fund distributors, staff members of companies that sell and distribute mutual funds, and employees of asset management companies (AMC), particularly those involved in mutual fund sales and distribution. The accreditation aims to improve the industry's distribution, sales quality, and associated support services. Eligibility Criteria for NISM VA Certification Exam The National Institute of Securities Market's (NISM) recommendations: Candidates should be at least 18 years old if they want to become a distributor or advisor of mutual funds. According to the Association of Mutual Funds (AMFI) website, there are no defined educational requirements. Modes to appear in NISM Exam One can take the test in either Hindi or English, according ...
With MF investments on a consistent rise in the country, mutual fund distribution has emerged as a lucrative career option for many. It allows one to be their own boss and earn a handsome living by onboarding clients and helping them invest in mutual fund schemes. If you are also seeking to start an MF distribution business, then you have landed on the right page. Here you will learn everything you need to know to become a mutual fund distributor . So, without any further ado, let us first understand the need for an MF advisor or distributor. Need for Mutual Fund Distributors Investors need MF distributors for a range of reasons. The most significant of these are mentioned below: Analyze Financial Health: Mutual fund distributors help their clients understand their current financial health by assessing financial assets, liabilities, income, and expenses. They also take into account future financial obligations to fully comprehend an individual's financial well-being....
Kotak Health Insurance Plans started in the year 2015 after getting the license from IRDI. Kotak Insurance came up with a host of plans which had something or the other for every age group. Due to these plans, Kotak Health Insurance has established its wide presence across the country. The company comes up with a wide spectrum of non-life insurance plans that are designed with the intention of meeting each and every requirement of the customer. This includes health insurance plans, car insurance plans and bike insurance plans. W hat are the tax benefits of Kotak health Insurance ? Under Kotak Health Insurance, a person gets many tax benefits – Deduction as per Section 80D: Medical Expenses Deduction · 80D deduction is applicable only for medical insurance policies. These deductions are mentioned as follows:- · If you pay insurance premiums for yourself, your spouse and your children, you can claim...
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