NISM Series VIII Equity Derivatives Exam and Question Bank details

The NISM Series VIII - Equity Derivatives Certification Exam is one of the very important exams conducted by the National Institute of Securities Market. Its a prerequisite for getting jobs in Stock Broking companies or for starting your own Stock Broking business. It's also adds value to your resume when applying for jobs in Financial Sector/ IT /BPO etc. companies. Apart from these it is also useful to get a fairly good knowledge of the working of Indian Stock Markets.

Once you go through the PASS4SURE NISM equity derivatives mock test you will find it easy to clear this NISM 8 module and get the NISM Series VIII - Equity Derivatives Certification.

A guide to NISM Equity Derivative Exam

Following the establishment of the NISM Exam for Equity Derivatives, the module for Derivatives Market Dealers (NCFM), which NSE previously conducted, and the BSE’s Certificate on Derivatives Exchange, which BSE formerly conducted, no longer serves as mandatory certifications for associated persons.

In other words, the module for Derivatives Market Dealers (NCFM) and the BSE’s Derivatives Exchange certificate has been phased out in favor of the Equity Derivatives or the Certification Examination (NISM Series VIII), which NISM now administers. 

If you're thinking about taking a derivatives market exam, the NISM exam for Equity Derivatives is a good place to start. The NISM Equity Derivatives Certification Examination is a foundational exam for professionals in the equity derivatives industry, such as brokers, dealers, and others.

The examination is one of NISM's most rigorous, with a success percentage of fewer than 50% across the country. Under the Regulations of SEBI (CAPSM), 2007, taking the exam is a must. 

What types of people should take the Certification Exam for NISM Equity Derivatives?

The Certification of Equity Derivatives (NISM Series 8) Examination is needed of any associated person working as a sales personnel or an approved user of a trading member to exchange equity derivatives or division for equity derivatives of an authorized stock exchange.   

To put it another way, every professional who works with clients on products of equity derivatives like options and futures must pass the NISM Equity Derivatives Exam. This will include businessmen or entrepreneurs who open offices for sub-broking, executives who deal with clients or operate in the back office, and people who work with Equity Derivative products. 

All Indian stock exchanges, such as (BSE, NSE, MSEI, etc.) have made it essential to submit the Certificate for NISM Equity Derivatives to receive the terminal for Equity Derivatives.

Objectives of the Examination:

After passing the NISM Series VIII Equity Derivatives Exam, the applicant must be able to: 

•  Understand the fundamentals of the equities derivatives market in India.
•  Learn how to use the options and futures on equities and stock indexes to create diverse trading strategies.
•  Gain a thorough understanding of the equities derivatives markets' processes, such as risk management, clearing, settlements as well and also the operating mechanisms.
•  Understand the regulatory framework in which India's market functions of equity derivatives.

What are the topics covered in the certification exam of NISM Series 8 Equity Derivatives?

The NISM Series VIII Equity Derivatives Exam aims to better understand the numerous derivatives available in equities derivatives markets, the rules and hazards related to these products, and the exchange mechanisms of settlement, clearing, etc. 

The exam also includes knowledge proficiencies such as understanding India's financial structure and the significance of the many regulations and guidelines controlling the securities market in India, particularly those governing the segment of equity derivatives.

I'm looking for the Equity Derivatives (NISM Series VIII) Study Material. Where can I get it?

The NISM Equity Derivatives Study Material is available for free download on the NISM website. If you want a physical copy of the NISM Equity Derivatives book, you may get one online and also get a physical copy. The novels are also accessible in India's leading bookstores.

I'm looking for a NISM Mock Test for the Equity Derivatives Examination, but I can't seem to find one.

At Pass4sure, we have loads of NISM mock tests available for you. So, if you prepare for the NISM series VIII exam, we have a series of mocks tests for Equity Derivatives ready. Furthermore, all the series are available at a reasonable price. 

So, what’s the procedure for registering and enrolling for the Equity Derivatives Exam?

All the certification exams for NISM can be registered and enrolled online using the NISM Certification Portal. 

You will need all your details, like Name, Date of Birth, PAN number, Educational and Employment details, etc., to register for the NISM Certification portal.

After completing the Registration form for NISM online, an email with an activation link and NISM Registration Number will be sent to you. To activate your NISM Account, you must first click on the activation link. After activating, you can log into your account.

After logging in with your email and password, proceed to "Enrolment" -> "Enroll for Examination" and follow the procedures below:

1st step: Choose an examination: Select Certification Examination for Equity Derivatives (series 8 of NISM) from the drop-down menu.

2nd step: Check the availability of seats: Pick the City of Exam, Test Center, and Exam Date Range that you want to take the exam during.

3rd step: Choose a Time Slot: The exam's Test Slots will be displayed to you. Choose one and then click "Enroll for the Exam."

4th step: Pay for it: Accepting the terms and conditions is necessary before making an online payment using a credit card, debit card, or internet banking account.

After making your payment successfully, you’ll have your admit card generated. You should arrive at the examination center half an hour before the scheduled exam time with this admit card and an original identity card.

Only PAN Cards, Driver's Licenses, Passports, and Aadhar Cards are accepted as proof of identity.

NISM Series VIII syllabus at a glance: 

• Derivatives Fundamentals
• Basics of Index  
• Forward (Introduction) 
• Options (Introduction)
• Strategies for Option Trading 
• Trading Systems Introduction 
• Clearing Introduction 
• Legal and other regulations   
• Accounts and Tax
• Investor Protection Service and Sales Practices

NISM Series VIII Equity Derivatives Exam Preparation:

The only study material for the NISM Certification Exams is a booklet of around 200 to 300 pages. To comprehend the topics, you must read the entire book cover to cover at least once; otherwise, the exam will be difficult. 

At 2-3 hours of study time per day, it usually takes 1-2 weeks to complete the workbook. If you don't grasp a term, use a reference book or conduct an internet search for similar notions. It would be risky to sit for an exam if you don't understand most of your concepts, given most of them are conceptual questions.

On every exam, you will face MCQs (multiple choice questions) with only one correct answer. In addition, some exams include numerical problems for which calculators and excel sheets are permitted throughout the examination. Because most tests carry negative scores, you should study thoroughly.

After you've finished studying the workbook, you can take a few NISM Equity Derivatives Mock Tests to see how prepared you are. If you pass the Pass4sure mock exams with ease, you should have a good chance of passing the final exam.

Carry your PAN card or any other prescribed identity card along with your Admit Card on the day of the exam. Carry a photocopy of your identity verification as well. If your photograph is not clear and legible on both your admit card and your identity card, you will not be permitted to take the exam. 

Enter the exam hall after completing all exam-related formalities. The invigilator will show you how to begin the exam on the computer that has been assigned to you.

One by one, questions will be posted, and you will begin answering them you get in the question paper. If your exam has negative marking, don't mark any answers that you aren't convinced about. 

To enhance your chances of passing the exam, you should attempt at least 80 questions. If your test has no negative marking, you must attempt all of the questions in the question set. 

After submitting the NISM Equity Derivatives exam, you will receive your results right away. After that, you can get your mark sheet and exit the Test Center.

Pass4sure wishes you good luck with your exams!!

Please have a look at the free demo to have a feel of the question bank.

NISM VA - Mutual Fund Mock Test / NISM Series 5 A Question Bank

• Various PRACTISE TESTS
• Two Very Important LAST DAY REVISION tests and
• REAL FEEL timed exam

Once you go through NISM mutual fund mock test you will find it easy to clear this NISM 5A module and get the NISM Series V A Mutual Fund Distributors Certification.

The objective behind the NISM V - A: Mutual Fund Distributors Exam

The purpose of the NISM Series V-A: Mutual Fund Distributors Examination is to establish a minimum knowledge level for all people involved in selling and distributing mutual funds, such as:

• Distributors of individual mutual funds.
• Employees who work for companies that sell and distribute mutual funds.
• Employees of asset management firms, particularly those involved in mutual fund sales and distribution.

The NISM Series V-A Certification program aims to strengthen the mutual fund industry's sales, distribution, and related support services. 

Here is a little brief on NISM Series V-A: Mutual Fund Distributors (AMFI) syllabus:

Investing Environment:

·       Gain an understanding of the Indian economy's parameters. Describe investors and their financial objectives.

·       Comprehend the terms "savings" and "investment."

·       Discuss the various asset classes

·       Recognize the many types of investment risks.

·       Describe how to measure risk and how to manage it.

·       Recognize Behavioral biases in investment decisions 7. Recognize risk profiling

·       Describe the Asset Allocation Process

·       A comparison of the two ways – do-it-yourself and professional assistance

Mutual Funds: What They Are and What They Do?

·       Describe the mutual fund concept.

·       Know the different types of mutual funds.

·       Describe the Indian mutual fund industry's growth.

India's Mutual Fund Legal Structure:

·       Describe the mutual fund framework in India.

·       Recognize the fundamental components of a mutual fund

·       Recognize the Asset Management Company's organisational structure.

·       Recognize the role and support activities of mutual fund service providers.

·       Describe AMFI's role and function.

Regulatory and Legal Framework:

·       Describe the role of India's regulators.

·       Discuss the role of India's Securities and Exchange Board.

·       Understand how AMCs conduct due diligence on mutual fund distributors.

·       Describe the standards for investor grievance and redress (Explain about SCORES)

·       Be familiar with the AMFI Code of Conduct for Intermediaries.

Information on the Scheme:

·       Recognize the purpose, objective, and relevance of the Mandatory Documents

·       Describe the Mandatory and Non-Mandatory Disclosures

Practices in Fund Distribution and Channel Management

·       Describe the function and significance of mutual fund distributors.

·       Recognize the various types of mutual fund distributors.

·       Describe the various distribution modes.

·       Recognize the requirements for becoming a Mutual Fund Distributor.

·       Describe how a mutual fund distributor earns money.

·       Understand the SEBI-mandated Commission Disclosure.

·       Describe the AMCs' Due Diligence Process for Mutual Fund Distributors.

·       Explain the nomination process to agents and distributors, as well as the payment of commissions to nominees.

·       Describe the distributor change.

Net Asset Value (NAV), Total Expense Ratio (TER), and Unit Pricing:

·       Discuss the Principles of Fair Valuation.

·       Calculate the net assets and NAV of a mutual fund scheme.

·       Describe Dividends and Distributable Reserves.

·       Understand the concept of entry and exit load and how it affects NAV.

·       Understand the most important accounting and reporting requirements for mutual funds.

·       Understand the Net Asset Value (NAV), Total Expense Ratio (TER), and Unit Pricing for Segregated Portfolio

Taxation

·       Recognize the various taxes that may apply to mutual funds.

·       Gain a thorough understanding of capital gains, capital gains tax (long and short term), and indexation.

·       Know the difference between dividend income and dividend income tax.

·       Recognize the distinction between dividend distribution and capital gains taxes.

·       Understand the fundamentals of the Income Tax Act's Gains and Losses Setting Off.

·       Be aware of the Securities Transaction Tax

·       Be aware of the tax benefits available to mutual fund investors under Section 80C of the Income Tax Act.

·       Learn about TDS (Tax Deducted at Source) in mutual funds.

·       Recognize the GST's impact on mutual funds.

Investor Services

·       Explain the NFO Process.

·       Describe the New Fund Offer Price/Ongoing Subscription Price

·       Describe the many types of investment programmes and possibilities

·       Explain how mutual fund units are assigned to investors. 5. Describe the substance and frequency of investment Statements of Accounts.

·       Explain the various sorts of mutual fund investors.

·       Describe how to fill out a mutual fund application form.

·       Describe financial transactions involving mutual funds (purchasing, redeeming, and switching) 9. Describe cut-off time and time stamping

·       Explain the Know Your Customer (KYC) requirement for mutual fund investors.

·       Describe the various types of systematic transactions.

·       Describe how systematic transactions work on a practical level.

·       Describe the non-financial transactions that take place in mutual funds.

·       Discuss whether the status of special investor categories should be changed.

·       Describe the timelines for investor transactions.

Funds' risk, return, and performance:

·       Recognize the broad and specific risk factors

·       Describe the variables that influence mutual fund performance.

·       Describe the Returns and Risk Drivers in Mutual Fund Schemes.

·       Recognize the Returns Measures

·       Understand the SEBI guidelines for mutual fund returns portrayal in India.

·       Describe the hazards of investing in mutual funds, with an emphasis on investors.

·       Recognize the Risk Indicators

·       Describe some provisions relating to credit risk.

Performance of Mutual Fund Schemes:

·       Describe how benchmarks work.

·       Compare and contrast the Price Return Index and the Total Return Index.

·       Determine the criteria for selecting an appropriate performance benchmark.

·       Explain how market benchmarks are used to assess the performance of equity funds.

·       Explain how market benchmarks are used to assess the performance of debt funds.

·       Explain how market benchmarks are used to evaluate other schemes.

·       Describe how quantitative measures of fund manager performance are calculated.

·       Define the term "tracking error"

·       Recognize the various sources of scheme performance disclosure (Scheme documents, AMFI and AMC website and Fund Fact Sheet)

Choosing a Mutual Fund Scheme:

·       Describe how to choose a scheme based on an investor's needs, preferences, and risk profile.

·       Describe the various risk levels in mutual fund schemes.

·       Describe how to choose a scheme based on a mutual fund's investing approach.

·       Describe how to choose a mutual fund scheme from a variety of AMCs or within a scheme category.

·       Understand how to choose options in mutual fund schemes.

·       Be aware of the Do's and Don'ts while choosing mutual fund plans.

Why Pass4sure?

Indeed, a supplier of e-learning solutions is ready to assist its consumers (students) in obtaining the ideal method for successfully passing an online exam. At Pass4sure, we provide various online learning resources for preparing for financial industry professional certifications such as the NISM Series V-A.

The organization is entirely committed to providing quality NISM study material, online exam preparation, a NISM VA question bank, test papers, NISM mutual fund mock tests / AMFI mock test, practice tests, and sample papers.

Pass4sure's NISM Mutual Fund Question Bank exposes users to certifications of NISM such as Series V-A of the NISM certification in real-time. The NISM Series VA Mock Tests have the following features:

•  NISM, a leading institute of the securities market, set the specifications for the design.
•  Each test allows you multiple attempts.
•  It follows the same patterns and testing procedure as the NISM online assessments.
•  It covers the questions from the units in the same ratio as the NISM test.
•  Provides in-depth coverage of the various areas outlined for NISM mutual fund distributor certification.
•  Use our evaluation tools to take online NISM mutual fund mock test and analyze your performance with a full report in detail.
•  Through our guidelines and test methods, you will have thorough knowledge about the real-time exam situation. Thus, you’ll be well-prepared and will be full of confidence while appearing in the examination.

Conclusion:

You may prepare for the NISM-Series V-A: Mutual Fund Distributors Certification Examination) with confidence at Pass4sure. 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. 

We offer over 600+ most vital questions, and their answers helpful in clearing the NISM Series V-A Examination. Not only this, but you’ll also get an easy explanation for all the answers so that your concept is very clear to answer even the most difficult questions.