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NISM Series V-A ยท Free course

Pass the Mutual Fund Distributor exam, one step at a time

A guided path to the NISM Series V-A certification. One idea per lesson, a story for the parts that are hard to remember, and practice in the real exam format.

  • Short lessons, in the right order
  • A story for what is hard to remember
  • Practice in the real exam format
  • Full, timed mock tests
  1. 1
    Learn a concept

    Short lessons in plain words, one idea at a time.

  2. 2
    Practice it

    A real exam-format question after each lesson. No negative marking.

  3. 3
    Take a mock

    Full, timed papers until the format feels routine.

The 12 modules

Work through them in order, or jump to what you need. Each opens a short set of lessons.

  1. 1 The investment landscape Goals, risk and the main asset classes, before mutual funds. Next up โฑ 20 min 5 lessons
  2. 2 What a mutual fund really is The idea in plain words, before any jargon. Next up โฑ 12 min 7 lessons
  3. 3 How a fund is built Sponsor, trustee and AMC, and who does what. Next up โฑ 15 min 5 lessons
  4. 4 Who watches over it SEBI and the rules that protect the investor. Next up โฑ 22 min 6 lessons trickiest
  5. 5 The offer document, decoded SID and KIM without the legalese. Next up โฑ 14 min 5 lessons
  6. 6 Getting funds to investors Channels, and where a distributor fits. Next up โฑ 16 min 3 lessons
  7. 7 Selling the right way Ethics and conduct the exam loves to test. Next up โฑ 18 min 3 lessons
  8. โ˜… Mock checkpoint 1 A set of questions across the modules so far. Next up โฑ 45 min checkpoint
  9. 9 NAV, loads and the daily price How the number you see is set. Next up โฑ 16 min 4 lessons
  10. 10 Types of schemes, and picking one Match a scheme to an investor. Next up โฑ 20 min 6 lessons
  11. 11 Return, risk and performance Read the numbers without being fooled. Next up โฑ 20 min 5 lessons
  12. 12 How gains are taxed The other tricky one. We make it stick. Next up โฑ 24 min 4 lessons trickiest
  13. 13 Serving the investor KYC, transactions and everyday service. Next up โฑ 15 min 7 lessons
  14. โ˜… Final mock Full 100-question exam simulation. Next up โฑ 2 hr checkpoint

Content verified against official sources: Exam facts from NISM. Course content verified against the Series V-A March 2026 workbook.

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