Things to Know about Nism Va Certification Exam

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 to the NISM information provided by the Association of Mutual Funds (AMFI) website.


  • For the Hindi language, the NISM Exam must be taken offline, whereas both online and offline options are available for the English language.


All NISM-related details are available on the AMFI website, the NISM certificate is valid for about 3 years. 

NISM Examination Pattern

  • The question paper consists of 100 questions.

  • Each question carries one mark.

  • To qualify for this particular exam the candidate needs to score at least 50 % of the marks.

  • There is no negative marking. 

The Enrollment Process for the NISM Examination 

  • To complete the NISM certification registration process, you need to log in and click on the new account option.

  • Finish creating your profile for NISM registration.

  •  A passport-size photo, an Aadhar card, and a PAN card must all be scanned and saved in JPG format.

  • Following registration and verification for the NISM test, the profile is authorized in 3 days.

  • To schedule the NISM Series V-A test (offered in Hindi and English), log in.

  • choosing a city, choosing a time window, and paying Rs. 1,500 constitute a booking.

  • If you wish to take the exam online from home, choose online under location.

  • The workbook may be accessed through the NISM portal. Download it and prepare for the test.

  • You must apply for ARN once you pass the exam.


You can prepare for the NISM VA certification examination confidently with ZFunds. As a result, we would be delighted to provide you with whatever assistance you require in your efforts to obtain the certification and the necessary skill set. 

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