NISM Professor
NISM Series XXI-B

Portfolio Managers

For principal officers and key staff of SEBI-registered portfolio managers running discretionary and advisory mandates.

Exam pattern

Duration
180 min
Total marks
150
Pass mark
60% (90)
Negative marking
25%

There is negative marking of 25% of the marks for that question, so a wrong answer costs you 0.25 marks on a 1-mark question. Guess only when you can eliminate at least two options.

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.

  1. 1Investment Landscape2%
  2. 2Introduction to Securities Markets1%
  3. 3Investing in Stocks3%
  4. 4Investing in Fixed Income Securities3%
  5. 5Derivatives3%
  6. 6Mutual Funds3%
  7. 7Role of Portfolio Managers7%
  8. 8Operational Aspects of Portfolio Managers7%
  9. 9Portfolio Management Process7%
  10. 10Taxation Regulatory, Governance and Ethical Aspects of Portfolio3%
  11. 11Managers7%
  12. 12Introduction to Indices3%
  13. 13Concept of informational Efficiency3%
  14. 14Behavioural Finance3%
  15. 15Introduction to Modern Portfolio Theory3%
  16. 16Introduction to Capital Market Theory3%
  17. 17Risk7%
  18. 18Equity Portfolio Management Strategies10%
  19. 19Fixed Income Portfolio Management Strategies10%
  20. 20Performance Measurement and Evaluation of Portfolio Managers7%
  21. 21Portfolio Rebalancing3%

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Frequently asked questions

What is the passing mark for NISM Series XXI-B?
You need 60% to pass NISM-Series-XXI-B: Portfolio Managers. On a 150-mark paper that is 90 marks.
Is there negative marking in NISM Series XXI-B?
There is negative marking of 25% of the marks for that question, so a wrong answer costs you 0.25 marks on a 1-mark question. Guess only when you can eliminate at least two options.
How long is the NISM Series XXI-B exam?
The exam runs for 180 minutes and carries 150 marks in total.
How long is the NISM Series XXI-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.