Module 5A Mutual Fund Distributors Certification Exam
successful completion of the examination the candidate should:
Know the basics of mutual funds, their role and structure, different
kinds of mutual fund schemes and their features
Understand how mutual funds are distributed in the market-place, how
schemes are to be evaluated, and how suitable products and services can
be recommended to investors and prospective investors in the market.
Get oriented to the legalities, accounting, valuation and taxation
aspects underlying mutual funds and their distribution.
Get acquainted with financial planning as an approach to investing in
mutual funds, as an aid for mutual fund distributors to develop long
term relationships with their clients.
one take this course?
The examination seeks to create a common minimum knowledge benchmark for
all persons involved in selling and distributing mutual funds.
The certification aims to enhance the quality of sales, distribution and
related support services in the mutual fund industry.
benefit from this course?
Stock Brokers and Sub-Brokers dealing in mutual funds.
Custodians and Employees of Mutual funds
Individual Mutual Fund Distributors
Employees of organizations engaged in sales and distribution of Mutual
Employees of Asset Management Companies specially persons engaged in
sales and distribution of Mutual Funds
examination consists of 100 questions of 1 mark each and should be
completed in 2 hours. The passing score for the examination is 50%.
There shall be negative marking of 25% of the marks assigned to a
successful candidates, certificates are valid for 3 years from the test
Concept and Role of a Mutual Fund
Unit 2: Fund Structure and Constituents
Unit 3: Legal and Regulatory Environment
Unit 4: Offer Document
Unit 5: Fund Distribution and Sales Practices
Unit 6: Accounting, Valuation and Taxation
Unit 7: Investor Services
Unit 8: Risk, return and performance of funds
Unit 9: Scheme Selection
Unit 10: Selecting the Right Investment products for Investors
Unit 11: Helping Investors with Financial Planning
Unit 12: Recommending Model Portfolios and Financial Plans
|Training Duration & Timing
||2 sessions of 5 hours training on
consecutive Saturdays (1 pm to 6 pm) and 5 sessions of 2 hours (practice
tests at participants convenience Monday to Friday - 11 am to 4 pm).