NISM Series X-A, or NISM 10-A, is a certification exam offered by the National Institute of Securities Markets (NISM) in India. This exam is officially titled the NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination. It is designed for individuals who wish to work as investment advisers or those who are already providing investment advice and need to meet regulatory requirements.
Who Should Take the NISM 10-A Exam?
- Aspiring Investment Advisers: Individuals who want to start a career as investment advisers.
- Existing Investment Advisers: Professionals already in the field who need to meet regulatory requirements.
- Financial Planners: Professionals who provide comprehensive financial planning services and want to expand into investment advisory.
- Banking and Financial Services Employees: Those working in banks or financial institutions who wish to offer investment advice.
- Students and Graduates: Individuals looking to enter the financial services industry with a focus on investment advisory.
The NISM 10A certification exam is designed for individuals who want to work as investment advisers or need to meet regulatory requirements for providing investment advice.
This exam is suitable for aspiring investment advisers, existing professionals in the field, financial planners, bank employees, and students or graduates interested in investment advisory.
The exam covers basics of investment advisory, regulatory environment, financial planning, investment products, client interaction, and ethical practices.
Passing the NISM 10A exam qualifies you to work as an investment adviser, enhances your knowledge of financial products and planning, and helps you comply with industry regulations.
You can prepare by studying the prescribed materials, enrolling in a video course (like the one offered here), and practicing with sample questions and mock exams.
The exam consists of 100 multiple-choice questions, with a total duration of 2 hours. A passing score is typically set at 60%, and there is no negative marking for incorrect answers.
The NISM 10A certification is valid for three years. After this period, you need to complete a Continuing Professional Education (CPE) program or retake the exam to renew the certification.
The exam is conducted at NISM-accredited test centers across India. You can register for the exam online through the NISM website.
The fees for the NISM 10A certification exam typically range around INR 1500. For the most accurate information, please check the official NISM website.
Study materials, including the official NISM workbook, are available online. Our video course offers comprehensive coverage of all exam topics, along with practice questions and exam strategies.