NISM AcademyNISM Series V-B Mutual Fund Foundation: exam pattern, syllabus and mock tests
A shorter mutual fund exam for distributing a limited set of simple schemes. NISM Series V-B covers mutual fund basics for people who want to distribute a specified set of simpler schemes.
NISM Series V-B exam pattern at a glance
- Questions
- 50
- Duration
- 120 minutes
- Total marks
- 50
- Passing score
- 50% (25/50)
- Negative marking
- None
- Exam fee
- ₹1,200 + charges
- Certificate valid
- 3 years
50 multiple-choice questions, 1 mark each. Fees and pattern are set by NISM and can change, so confirm on the official NISM Series V-B page before you book.
Who should take NISM Series V-B?
People who want to distribute a limited set of simple mutual fund schemes.
Why you need it: Allows distribution of specified simple schemes. Series V-A is needed for the full range.
NISM Series V-B syllabus: 10 chapters
- Investment Landscape
- Concept and Role of a Mutual Fund
- Legal Structure of Mutual Funds in India
- Mutual Fund Products for the New Cadre of Distributors
- Scheme Related Information
- Fund Distribution and Channel Management Practices
- Performance of Mutual Funds
- Taxation
- Investor Services
- Legal and Regulatory Environment
How to prepare for NISM Series V-B
Fifty questions and no negative marking. One or two weeks of practice is usually enough.
Not sure where you stand?
Take the free NISM Series V-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 V-B FAQs
What is NISM Series V-B?
NISM Series V-B is the Mutual Fund Foundation Certification Examination conducted by the National Institute of Securities Markets. Allows distribution of specified simple schemes. Series V-A is needed for the full range.
How many questions are in NISM Series V-B?
The exam has 50 multiple-choice questions, 1 mark each, for a total of 50 marks. You get 120 minutes.
What is the passing score for NISM Series V-B?
You need 50%, which is 25 out of 50 marks.
Is there negative marking in NISM Series V-B?
No. There is no negative marking, so attempt every question.
How should I prepare for NISM Series V-B?
Fifty questions and no negative marking. One or two weeks of practice is usually enough.
How do I register for NISM Series V-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 V-B certificate valid?
Three years from the date you pass.