Posts

Showing posts from June, 2022

Know more about Nism Certification Exam 2022

 NISM is the acronym for National Institute of Securities Markets which was established by the SEBI in the year 2006. There are various courses offered by SEBI with the primary objective of increasing the in-depth knowledge of candidates for respective courses. These certifications can help an individual in securing a good job in the financial industry.    The syllabus of the NISM may vary from one module to another. Therefore, firstly, you will have to figure out what course you are planning to take up. Some of the popular courses are-  NISM V A: Mutual fund distributor certification exam  NISM Series I: Currency derivatives certification examination  NISM series IV: Interest rates derivatives certification examinations  NISM Series VIII: Equity derivatives certification examination  There are a multitude of benefits of NISM certification such as-  Flexibility- You can appear for this exam any time from anywhere in the country.  Cost-effective- There are so many other professional cou

Free Nism Mock Test Series Certificate Examination

 NISM has divided its examination into 28 modules or series certification clubbed with some extra exams. While most of these exams are mandatory for professionals looking forward to work with or at SEBI and as intermediaries in the financial markets, some of them are voluntary with the vision to update aspirants and learners with the latest on the different segments of the financial markets and exchange.  NISM Mock Test certifications can assist aspirants to get a good job in the financial services sector along with equipping them with the knowledge of subject matters of the financial market. Some of the very popular and highly ranked certification or modules offer by NISM includes: NISM Series VA Certification : Mutual Fund Distributors Certification Examination NISM Series I Certification : Currency Derivatives Certification Examination NISM Series IV : Interest Rates Derivatives Certification Examination The fees for the above certification are different for every exam but it range

What is the role of an ARN Number in mutual Fund

Image
 ARN Number popularly known as AFMI Registration Number is a unique code that is assigned to every qualified mutual fund expert or distributor for dealing in mutual fund schemes. This number is allocated by Associations of Mutual Funds in India i.e. AMFI.  ARN is very important for both the intermediary and investors as it is like an unique ID of the intermediary through which assets can be tracked and mobilised by the intermediary. Investors can also take use of ARN to calculate brokerage that could be going to the involved intermediary. AFMI takes great care to assure the investors know the credentials of the intermediary registered with them. One can become an ARN holder by visiting the CAMS website and registering online by obtaining an ARN application form from the nearest CAMS. Along with this, KYD documentation also needs to be furnished and make sure that the required documents are duly filled, checked and attached to the application.  Steps to Apply for AMFI Registration Numbe

Everything you need to know about NISM Certification

  NISM Certification Courses have been divided into 28 modules or series certification clubbed with some extra exams. While most of these exams are mandatory for professionals looking forward to work as intermediaries in the financial markets, some of them are voluntary with the vision to update aspirants and learners with the latest on the different segments of the financial markets and exchange.  These NISM Certification Exam can assist aspirants to get a good job in the financial services sector along with equipping them with the knowledge of subject matters of the financial market. Some of the very popular and highly ranked certification or modules offer by NISM includes: NISM Series VA Certification : Mutual Fund Distributors Certification Examination NISM Series I Certification : Currency Derivatives Certification Examination NISM Series IV : Interest Rates Derivatives Certification Examination The NISM Certification fees for the above certification are different for every exam

What role does mutual fund distributor have?

  Mutual fund distributors are qualified professionals, individuals or institutions who advise investors in making mutual fund investments. They provide tailor made and investor specific advice to the investors seeking help after analysing their goals, investment tenure and risk appetite among other things. They would make money in the form of commissions and brokerage from the fund house or distributor on the sale of mutual funds.  These advisors offer their knowledge and expertise in designing a portfolio of mutual fund schemes aligning with the vision and goals of the investor. This requires mutual fund agents to track the performance of various mutual fund schemes with various investment goals and objectives along with updates of key events in the markets that can possibly affect the scheme performance.  As per the Association of Mutual Funds in India, for becoming such a distributor or advisor, one needs to clear and pass the mandatory NISM series VA certification exam and procure

How much commission mutual fund distributors get from AMC?

  The mutual fund commission agents can get anywhere between 0.1%-2% in the first year collectively including the trail commission for T30 and B30 for distribution of mutual funds to the investors. The commission for B30 clients is paid only for the first year and T30 is the regular commission which the distributor will be getting on the AUM till the investor remains invested.  The structure for commissions and brokerage can vary across AMC and mutual fund schemes. The updated structure or any changes are shared to advisors from time to time.  What is the commission for a mutual fund distributor? The mutual fund distributor in India earns commission in the form of Trail Commissions directly from the Asset Management Companies(AMCs). Also, there can be additional SIP commissions which are paid only in the case of new investors registering their SIPs for the first time.  When is the commission paid to the mutual fund distributor? The commission for selling mutual fund schemes to investo

Why is LIC Term Insurance Important?

 The LIC term insurance is the simplest for of insurance offerings. If the insure survives the policy tenure, the term insurance will not give any survival or maturity benefits and if any uncertain event happens, a sum assured will be paid to the nominee of the insure. Following are the reasons why LIC term insurance is important! Provides financial security: An untimely demise is unfortunate and the financial liabilities that require to be borne by the family can be a burden. To prevent such a case from arising, it is an ideal way to invest in a LIC term insurance plan that will take care of the family in financial terms.  Highly flexible: Flexibility is one of the significant advantages of a term plan. You can select any offline or online plans for which health plans are not mandatory. Investors can also alter the plan and customize a term plan as and when required as per the feasibility.  Riders of insurance:  Riders are the additional perks and benefits that come with the plans to

Best Mutual funds for Beginners

Image

All you need to know about NISM Certification Exam

 NISM Certification Exam NISM is a trust established by the SEBI, the regulatory body of capital markets in 2006. The NISM Full Form is the National Institute of Securities Market. The Institute under the SEBI regulations offers mandatory certificate examinations to the market intermediaries. Along with that, it also offers training programs for the existing intermediaries to enhance their knowledge about the markets.   These exams can be taken by people involved in the distribution or sale of securities to investors like employees of companies, individual agents, salesperson of the companies, etc. As per SEBI requirements, appearing for the NISM exam is mandatory depending upon the field or area of finance in which the applicant will be working. NISM Certification Courses Following is the list of some popular certifications that are available in NISM: NISM Series I: Currency Derivatives NISM Series V A: Mutual Fund Distributors NISM-Series-X-A: Investment Advisor (Level 1)  NISM-Serie

What is an ARN Number or AMFI Registration Number ?

Image
  ARN Number or AMFI Registration Number is a unique number allotted to a mutual fund distributor or any person involved in the distribution or sale of mutual funds to investors. ARN Number in mutual funds can help to protect the interest of the investors and the involved intermediaries. Along with that, mutual fund distributors having an ARN Number can calculate & track the commissions they will receive on their AUM. At the time of mutual fund transactions, the investments of the clients of the mutual fund advisor are mapped to the ARN Number of the client. So, an ARN Holder will always be aware about his business.  The regulatory body SEBI can also refer to the ARN Number allotted to a particular intermediary during the due diligence or for many matters to protect the interest of the investors.   How to obtain ARN Number from AMFI? To obtain the ARN Code in mutual funds and become an AMFI Registered Mutual Fund Distributor by holding an ARN Number, here is the registration proce

Advantages of Mutual Funds

Image
   Find the best description about investing in mutual funds. The people who want to learn and invest in mutual funds, so you can get an ideas how to invest in best mutual funds .