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Our NISM Certification

NISM Certification Examinations

Sr.
No

NISM Exam

Test Duration

Fees (Rs)

Maximum Marks

No. of Questions

Pass Mark (%)

Negative Marks (%)

Certificate Validity

(in years)

1

NISM Series I: Currency Derivatives Certification Examination

2hrs

1500/-

100

100

60

25

3

2

NISM Series II A: Registrars and Transfer Agents (Corporate) Certification Examination

2hrs

1500/-

100

100

50

25

3

3

NISM Series II B: Registrars and Transfer Agents (Mutual Fund) Certification Examination

2hrs

1500/-

100

100

50

25

3

4

NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination

2hrs

1500/-

100

100

60

25

3

5

NISM Series-III-B: Issuers Compliance Certification Examination+

2hrs

1770/-

100

100

60

25

3

6

NISM Series IV: Interest Rates Derivatives Certification Examination

2hrs

1500/-

100

100

60

25

3

7

NISM Series V A: Mutual Fund Distributors Certification Examination

2hrs

1500/-

100

100

50

0

3

8

NISM-Series­V-B: Mutual Fund Foundation Certification Examination

2hrs

1200/-

50

50

50

0

3

9

NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination+

2hrs

1770/-

100

68

60

25

3

10

NISM Series VI: Depository Operations Certification Examination

2hrs

1500/-

100

100

60

25

3

11

NISM Series VII: Securities Operations and Risk Management Certification Examination

2hrs

1500/-

100

100

50

25

3

12

NISM-Series-VIII: Equity Derivatives Certification Examination

2hrs

1500/-

100

100

60

25

3

13

NISM Series-IX: Merchant Banking Certification Examination

2hrs

1500/-

100

100

60

25

3

14

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

2hrs

1500/-

100

100

60

25

3

15

NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination

2hrs

1500/-

100

68

60

25

3

16

NISM-Series-XI: Equity Sales Certification Examination+

2hrs

1770/-

100

100

50

25

3

17

NISM Series-XII: Securities Markets Foundation Certification Examination+

2hrs

1770/-

100

100

60

0

3

18

NISM Series-XIII: Common Derivatives Certification Examination

3hrs

3000/-

150

150

60

25

3

19

NISM Series-XIV: Internal Auditors for Stock Brokers Certification Examination+

2hrs

1770/-

100

100

60

25

3

20

NISM Series-XV: Research Analyst Certification Examination

2hrs

1500/-

100

100

60

25

3

21

NISM-Series-XVII: Retirement Adviser Certification Examination

2hrs

1500/-

100

100

60

25

3

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