NISM Exam Mock Tests

12 Modules Covered

NISM Mock Tests

Practice papers for twelve NISM certification modules, from Mutual Fund Distributors to Research Analyst and the derivatives series. Every set is timed to the real exam pattern, every answer carries a full explanation, and a topic wise report card shows which chapters need another pass.

12Modules covered
60Full length sets
5Sets per module
FreeDemo set on each module
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Topic wise report card

Know precisely which NISM chapters need revision after every attempt.

Real exam format

Timed papers that follow the official NISM pattern and negative marking rules.

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Explanation on every answer

Every question is explained, so a wrong answer teaches you something.

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Try before you buy

Set 1 is free on every module. No commitment until you have seen the quality.

All 12 NISM modules

NISM Series V-A: Mutual Fund Distributors

The most widely taken NISM certification, required for anyone distributing mutual funds · 5 full length sets · Set 1 free

NISM Series VIII: Equity Derivatives

For dealers and sales staff in the equity derivatives segment · 5 full length sets · Set 1 free

NISM Series XV: Research Analyst

Mandatory for research analysts issuing reports or recommendations · 5 full length sets · Set 1 free

NISM Series X-A: Investment Adviser (Level 1)

Entry level certification for registered investment advisers · 5 full length sets · Set 1 free

NISM Series X-B: Investment Adviser (Level 2)

The advanced adviser paper covering portfolio construction and advice · 5 full length sets · Set 1 free

NISM Series I: Currency Derivatives

For those dealing in the currency derivatives segment · 5 full length sets · Set 1 free

NISM Series IV: Interest Rate Derivatives

Covers the interest rate derivatives segment end to end · 5 full length sets · Set 1 free

NISM Series XIII: Common Derivatives

A combined derivatives paper spanning multiple segments · 5 full length sets · Set 1 free

NISM Series XVI: Commodity Derivatives

For dealers and sales staff in commodity derivatives · 5 full length sets · Set 1 free

NISM Series XIX-A: Alternative Investment Funds (Cat I and II)

For distributors of Category I and II alternative investment funds · 5 full length sets · Set 1 free

NISM Series XIX-B: Alternative Investment Funds (Cat III)

For distributors of Category III alternative investment funds · 5 full length sets · Set 1 free

NISM Series XXI-A: Portfolio Management Services Distributor

For those distributing portfolio management services · 5 full length sets · Set 1 free

Not sure which module you need? Series V-A is the right start for mutual fund distribution, Series XV for research roles, and Series X-A or X-B if you are registering as an investment adviser. The derivatives series are for dealing and sales roles in their respective segments.