What is the passing mark for NISM Series V-B?

You need 50% to pass NISM-Series-V-B: Mutual Fund Foundation. On a 50-mark paper that is 25 marks.

How long is the NISM Series V-B exam?

The exam runs for 120 minutes and carries 50 marks in total.

How long is the NISM Series V-B certificate valid?

NISM certifications are generally valid for 3 years from the date of passing, after which they must be renewed. Confirm the current position on nism.ac.in before your certificate lapses.

NISM Series V-B

Mutual Fund Foundation

A shorter, entry-level mutual fund certification for employees of distributors who support the sales process rather than advise directly.

Exam pattern

Duration: 120 min
Total marks: 50
Pass mark: 50% (25)
Negative marking: None

There is no negative marking, so never leave a question blank — an uncertain guess costs you nothing.

Syllabus and chapter weightage

Weightages are taken from the official syllabus table published in the NISM workbook, so you can see exactly where the marks are.

1Investment Landscape6%
2Concept and Role of a mutual fund12%
3Legal Structure of mutual funds8%
4Mutual fund products for the new cadre of distributors6%
5Scheme Related Information12%
6Fund Distribution and Channel Management Practices10%
7Performance of Mutual Funds12%
8Mutual fund Taxation6%
9Investor Services20%
10Legal and Regulatory Environment8%

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Frequently asked questions

What is the passing mark for NISM Series V-B?: You need 50% to pass NISM-Series-V-B: Mutual Fund Foundation. On a 50-mark paper that is 25 marks.
Is there negative marking in NISM Series V-B?: There is no negative marking, so never leave a question blank — an uncertain guess costs you nothing.
How long is the NISM Series V-B exam?: The exam runs for 120 minutes and carries 50 marks in total.
How long is the NISM Series V-B certificate valid?: NISM certifications are generally valid for 3 years from the date of passing, after which they must be renewed. Confirm the current position on nism.ac.in before your certificate lapses.