The National Institute of Securities Markets (NISM) offers a large number of certificates, each specializing in a different area. One such specification is the NISM-Series-V-B: Mutual Fund Foundation Certification Examination. According to the SEBI circular CIR/IMD/DF/21/2012 dated September 13, 2012, the NISM-Series-V-B: Mutual Fund Foundation Certification Examination is mandatory for the new frame of distributors who want to participate in selling and distributing only simple and performing mutual funds scheme. This particular kind of certification was introduced with the view to enhance the quality of the sales, distributions and other related support services in the industry of mutual funds. A NISM certification goes a long way in ensuring that your career in the securities and exchange market only goes upwards from the time you enter it having cleared the specific examination. Here’s the list of some of the ways in which clearing the NISM Mutual Fund Foundation Certificate Examination is going to benefit your career.
Professional Knowledge – It acquaints the candidate with the thorough understanding of the mutual funds, their roles and structures. It makes them aware of all the different kinds of mutual funds schemes and their individual features. Distribution of the mutual funds in the market place, evaluation of specific schemes, and the understanding the concept of financial planning being an approach to investing in mutual funds.
The SEBI Regulation – According to the SEBI Certification of Associated Persons in Securities Market (CAPSM) Regulations, 2007, it is mandatory for any individual who wishes to occupy a specific job position in the Securities and Exchange Market, has to have the respective certification in order to be employable.
Impressive Resume – Having a NISM certification instantly makes your resume more impressive in the securities exchange market. It adds to your qualifications tremendously as it promises an individual with a thorough understanding of his/her specific area of specialization. You can further improve your resume and increase your employability by taking up more and more NISM certifications as per your areas of interests, and let your resume speak for itself.
Accepted All Over India – Given that the NISM certifications enjoy the privilege of being backed by the Securities and Exchange Board of India (SEBI), the functioning intermediaries all over India welcome employees with NISM certificates. For instance places like brokerage firms, banks, RTAs, Asset Management Companies, etc., will employ you in readily once they know that you have cleared your NISM Mutual Fund Foundation Exam.
Many Job Opportunities – Any given certificate exam from NISM opens up a lot for job opportunities for the individual in areas like - commerce, finance, economics, securities, marketing, advisories and stocks. The particular qualification of clearing NISM Series V B certificate exam goes on to add a lot of positions to the list. This specific certificate gives the candidate the green card to be employed in the specific job position of mutual funds agent and all related jobs.
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