NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination

The examination seeks to create a common minimum knowledge benchmark for individual investment advisers or principal officers of a non-individual investment adviser and persons associated with investment advice under SEBI (Investment Advisers) Regulations, 2013.

An individual investment adviser or principal officer of a non-individual investment adviser, registered under SEBI (Investment Advisers) Regulations, 2013 is required to pass both the levels (i.e. NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination and NISMSeries-X-B: Investment Adviser (Level 2) Certification Examination to fulfil the requirements under SEBI (Investment Advisers) Regulations, 2013.

The certification aims to enhance the quality of investment advisory and related services in the financial services industry.

Information

Starting Date of the Course- 25th Feb'22

Examination Objectives

On successful completion of the examination, the candidate should:

• Know the basics of personal financial planning, time value of money, evaluating the financial position of clients, debt management and loans.
• Understand the Indian Financial Markets and Indian Securities market segments
• Get oriented to different kinds of investment products— equity, debt, derivatives and managed portfolios such as mutual funds, portfolio management services and alternative investment funds.
• Know about portfolio construction, performance monitoring and evaluation.
• Understand operational aspects of investment management, key regulations, ethical issues for investment advisers and grievance redress system.