NISM-Series-5B: Mutual Fund Foundation Mock Tests

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NISM-Series-5B: Mutual Fund Foundation Mock Tests 1
100 Questions • Mock Simulation
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Examination Objectives

  • Understand the fundamentals of mutual funds, including their role, structure, and the features of different types of mutual fund schemes.
  • Comprehend how mutual funds are distributed, how specific schemes should be evaluated, and how suitable schemes can be recommended to potential investors by distributors.
  • Be knowledgeable about the rules and regulations pertinent to the distribution of specified mutual fund products.

Assessment Structure 

  • Number of Questions: The examination comprises 50 questions.
  • Marks per Question: Each question is worth 1 mark.
  • Duration: Candidates are allotted 2 hours to complete the examination.
  • Passing Score: A candidate must achieve a minimum score of 50% to pass the examination.
  • Negative Marking: There is no negative marking for incorrect answers.
  • Software Familiarity: Test Centre workstations are equipped with either Microsoft Excel or OpenOffice Calc, and candidates are advised to be proficient in both for numerical computations.
  • Registration: Further information and registration details for the examination can be found on the NISM website at www.nism.ac.in.

Syllabus Outline with Weights

Chapter No Chapter Name Weightage (marks)
1 Investment Landscape 6
2 Concept and Role of a mutual fund 12
3 Legal Structure of mutual funds 8
4 Mutual fund products for the new cadre of distributors 6
5 Scheme Related Information 12
6 Fund Distribution and Channel Management Practices 10
7 Performance of Mutual Funds 12
8 Mutual fund Taxation 6
9 Investor Services 20
10 Legal and Regulatory Environment 8
  Total Marks 100

Study Materials

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NISM-Series-5B: Mutual Fund Foundation Workbook
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Exam Instructions

  • Each test contains multiple-choice questions.
  • Each test contains up to 100 multiple-choice questions.
  • The last test in a series may contain fewer questions if the bank does not divide evenly.
  • Navigate freely between questions.
  • Submit test to view your results.
  • Good luck!

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