NISM AcademyNISM Series II-B RTA – Mutual Fund: exam pattern, syllabus and mock tests
For RTA staff who process mutual fund transactions and investor records. NISM Series II-B covers the mutual fund side of registrar and transfer agency work: fund basics, investor transactions, KYC and records, NAV and cut-off rules, statements and service standards, and the regulations RTAs operate under.
NISM Series II-B exam pattern at a glance
- Questions
- 100
- Duration
- 120 minutes
- Total marks
- 100
- Passing score
- 50% (50/100)
- Negative marking
- None
- Exam fee
- ₹1,500 + charges
- Certificate valid
- 3 years
100 multiple-choice questions, 1 mark each. Fees and pattern are set by NISM and can change, so confirm on the official NISM Series II-B page before you book.
Who should take NISM Series II-B?
Employees of RTAs in the mutual fund R&T function, and AMC operations staff who work closely with them.
Why you need it: NISM sets it as the common benchmark for people in the mutual fund R&T function of SEBI-registered registrars and transfer agents.
NISM Series II-B syllabus: 15 chapters
- Introduction to Securities
- Characteristics of Equity Shares
- Characteristics of Debt Securities
- Characteristics of Other Securities
- SEBI - Role and Regulations
- Basics of Registrars and Transfer Agents
- Registrar and Transfer Agents Regulations
- Basics of Mutual Funds
- Mutual Fund Structure and Constituents
- Mutual Fund Products
- Operational Concepts of Mutual Funds
- Investors in Mutual Funds
- Banking Operations in Mutual Funds
- Financial Transactions
- Non-Financial Transactions
How to prepare for NISM Series II-B
If you already work on folios and transactions, two weeks is often enough. Learn the cut-off times and service timelines exactly. No negative marking, so answer everything.
Not sure where you stand?
Take the free NISM Series II-B level check. It takes about 30 minutes, needs no payment, and tells you which chapters to study first. Launch offer: free for our first 100 users. Log in and every mock test, note and flashcard is unlocked.
Start the level checkNISM Series II-B FAQs
What is NISM Series II-B?
NISM Series II-B is the RTA – Mutual Fund Certification Examination conducted by the National Institute of Securities Markets. NISM sets it as the common benchmark for people in the mutual fund R&T function of SEBI-registered registrars and transfer agents.
How many questions are in NISM Series II-B?
The exam has 100 multiple-choice questions, 1 mark each, for a total of 100 marks. You get 120 minutes.
What is the passing score for NISM Series II-B?
You need 50%, which is 50 out of 100 marks.
Is there negative marking in NISM Series II-B?
No. There is no negative marking, so attempt every question.
How should I prepare for NISM Series II-B?
If you already work on folios and transactions, two weeks is often enough. Learn the cut-off times and service timelines exactly. No negative marking, so answer everything.
How do I register for NISM Series II-B?
Create an account on NISM’s certification portal, choose the exam, pick a test centre or remote-proctored slot, and pay the fee online. NISM Academy can’t register you; we link you to the official portal.
How long is the NISM Series II-B certificate valid?
Three years from the date you pass.