Skip to content

NISM Certifications · NISM-Series-V-A: Mutual Fund Distributors · Fund Distribution and Channel Management Practices

A person who wishes to work as a mutual fund distributor and sell units of mutual fund schemes in India must first obtain which of the following?

A mutual fund distributor must pass the NISM-Series-V-A examination and register with AMFI to obtain an AMFI Registration Number (ARN). No portfolio manager licence, stock exchange membership or banking licence is needed to distribute mutual fund units.

  1. AA valid AMFI Registration Number (ARN) after passing the NISM-Series-V-A examinationCorrect
  2. BA Portfolio Manager licence from SEBI
  3. CA trading membership of a recognised stock exchange
  4. DA banking licence from the Reserve Bank of India

Explanation

Distributors must pass the NISM-Series-V-A certification and register with AMFI to obtain an ARN. A portfolio manager licence, exchange membership or banking licence is not a requirement for distributing mutual fund units.

Did you get it right without looking?

One question tells you little. A timed set on Fund Distribution and Channel Management Practices shows your real accuracy, how long you take and where you lose marks.

Practise Fund Distribution and Channel Management PracticesFree diagnostic mock

More Fund Distribution and Channel Management Practices questions