curriculum - nse - national stock exchange of india ltd. · curriculum nism-series-v-c: mutual fund...

2

Click here to load reader

Upload: trancong

Post on 12-Jun-2018

212 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Curriculum - NSE - National Stock Exchange of India Ltd. · Curriculum NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination I. Mutual Fund Structures A. Fund

NATIONAL INSTITUTE OF SECURITIES MARKETS Established by the Securities and Exchange Board of India

NISM-Series-V-C: Mutual Fund Distributor (Level 2) Certification Examination Page 1 of 2

Curriculum

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

I. Mutual Fund StructuresA. Fund of FundsB. Exchange Traded FundsC. Real Estate Mutual FundsD. Venture Capital FundsE. Private Equity FundsF. International funds

II. Legal and Regulatory Environment of Mutual FundsA. Regulatory Framework for Real Estate Mutual FundsB. Investment Norms for Mutual FundsC. SEBI Norms for Mutual Funds’ investment in Derivatives D. SEBI norms with respect to change in controlling interest of an AMCE. Changes in Mutual Fund Schemes

III. Fund Distribution and Sales Practices A. Internet and Mobile TechnologiesB. Stock Exchanges

IV. Investment and Risk ManagementA. Fundamental AnalysisB. Technical AnalysisC. Quantitative AnalysisD. Debt Investment ManagementE. Issues for a Debt Fund ManagerF. DerivativesG. Application of Derivatives

V. Valuation of SchemesA. EquitiesB. DebtC. Non-Performing Assets and Provisioning for NPAsD. GoldE. Real Estate

Page 2: Curriculum - NSE - National Stock Exchange of India Ltd. · Curriculum NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination I. Mutual Fund Structures A. Fund

NATIONAL INSTITUTE OF SECURITIES MARKETS Established by the Securities and Exchange Board of India

NISM-Series-V-C: Mutual Fund Distributor (Level 2) Certification Examination Page 2 of 2

VI. AccountingA. Net Asset ValueB. Investor TransactionsC. Distributable ReservesD. Unique Aspects of Real Estate Schemes Accounting

VII. TaxationA. Taxes for AMCs: Securities Transaction Tax and Income Distribution TaxB. Taxes for Investors: Securities Transaction Tax, Taxes on Dividend, Capital Gains, Set-off

and Carry Forward of Losses, Dividend Stripping and Bonus Stripping.

VIII. Investor ServicesA. New Fund OfferB. Open-end FundC. Closed-end FundD. Exchange Traded FundE. Nomination and Pledge

IX. Scheme EvaluationA. Measures of ReturnB. Measures of RiskC. Benchmarks and Relative ReturnsD. Risk-adjusted ReturnsE. Limitations of Quantitative Evaluation

X. Asset Classes and Alternate Investment ProductsA. Historical ReturnsB. Perspectives on Asset Class ReturnsC. Alternative Investment Products

XI. Cases in Financial PlanningA. Practical Aspects of Financial Planning (cases/examples)

XII. Ethics and Investor ProtectionA. Code of ConductB. Mis-sellingC. Safeguards in Mutual Fund StructureD. Regulatory Steps for Protecting Investors Against Fraud