Ace Your NISM Certification with Confidence
India’s most trusted platform for NISM exam preparation with practice tests, study materials, and expert guidance for NISM Series exams.

About NISM Certification
Why is NISM Certification important?
The National Institute of Securities Markets (NISM) Certification is important because it’s a mandatory qualification regulated by the Securities and Exchange Board of India (SEBI) for professionals in securities markets. It validates expertise in investment strategies and regulatory compliance, ensuring individuals have necessary knowledge to handle financial products and advisory services responsibly. This certification is essential for building a career in finance.
Benefits of NISM Certification:
- Meets regulatory requirements mandated by SEBI.
- Enhances employability with improved job opportunities.
- Adds significant value to resume, demonstrating professional expertise.
- Enables career advancement in financial services sector.
- Provides nationwide industry recognition and credibility.
- Required for specific roles like mutual fund distribution.
Popular NISM Certification Exams
- Questions: 100
- Marks: 100
- Passing Mark: 50%
- Negative Marks: NIL
- Duration: 2 hours
- Exam Fee: ₹1500
- Validity: 3 years
- NISM Series VIII: Equity Derivatives
- Questions: 100
- Marks: 100
- Passing Mark: 60%
- Negative Marks: 0.25%
- Duration: 2 hours
- Exam Fee: ₹1500
- Validity: 3 years
- Questions: 100
- Marks: 100
- Passing Mark: 60%
- Negative Marks: 0.25%
- Duration: 2 hours
- Exam Fee: ₹1500
- Validity: 3 years
- NISM Series X A: Investment Adviser (Level 1)
- Questions: 135
- Marks: 150
- Passing Mark: 60%
- Negative Marks: 0.25%
- Duration: 3 hours
- Exam Fee: ₹3000
- Validity: 3 years
- NISM Series X B: Investment Adviser (Level 2)
- Questions: 120
- Marks: 150
- Passing Mark: 60%
- Negative Marks: 0.25%
- Duration: 3 hours
- Exam Fee: ₹3000
- Validity: 3 years
- NISM Series XXI A: Portfolio Management Services (PMS) Distributors
- Questions: 100
- Marks: 100
- Passing Mark: 60%
- Negative Marks: 1%
- Duration: 2 hours
- Exam Fee: ₹1500
- Validity: 3 years
Why Choose NISM Series.com
Huge Question Bank
Practice with over 60,000 questions. Every question covers a NISM exam topic and comes with a clear answer and simple explanation.
Real Exam Practice
Take mock tests that look and feel like the real NISM exam. Use the timer, marking system, and fast feedback to see how you are doing.
Always Up-to-date
Study with the latest 2025 notes and guides. We keep everything fresh and in line with the newest SEBI guidelines.
Track Your Progress
See your scores and spot your weak areas right away. Use this info to focus your study and get better results.
Get Expert Help
Ask anything, anytime. Our team knows the market and gives quick, helpful answers.
Study Anywhere
Use NISMSeries.com on any device. Study at home or on the go, on your phone, tablet, or computer.
NISM Mock Tests
Practice Like the Real NISM Exam
Our mock tests and Question Pattern feel just like the real NISM exam. Answer practical questions and get ready with real confidence.
- Use an exam screen with a timer
- See clear answers and quick explanations
- Check your progress with Complete report
- Focus on topics you want to improve
- Get new questions often
Complete List of NISM Series Exams
- NISM Series V A: Mutual Fund Distributors
For people trading, selling, or handling currency derivatives in the market.
- NISM Series VIII: Equity Derivatives
For people trading, selling, or handling equity derivatives in the market.
- NISM Series XV: Research Analyst
For people researching and giving reports on stocks and markets.
- NISM-Series-V-A: Mutual Fund Distributors
For people trading, selling, or handling currency derivatives in the market.
- NISM Series II A: Registrars and Transfer Agents (Corporate)
For people working with company shares, handling records, and helping investors.
- NISM Series II B: Registrars and Transfer Agents (Mutual Fund)
For people managing mutual fund records and helping investors with their mutual fund needs.
- NISM Series III A: Securities Intermediaries Compliance (Non Fund)
For compliance officers, risk managers, and legal staff in securities companies.
- NISM Series IV: Interest Rates Derivatives
- NISM Series V A: Mutual Fund Distributors
For people selling and advising on mutual funds to investors.
- NISM Series V B: Mutual Fund Foundation
For new mutual fund sellers like postal agents, retired staff, and bank correspondents.
- NISM Series VI: Depository Operations
- NISM Series VII: Securities Operations and Risk Management
- NISM Series VIII: Equity Derivatives
For people trading, selling, or handling equity derivatives in the market.
- NISM Series IX: Merchant Banking
For people working in merchant banking, helping companies raise money.
- NISM Series X A: Investment Adviser (Level 1)
For people giving basic investment advice to clients.
- NISM Series X B: Investment Adviser (Level 2)
For people giving advanced investment advice and planning for clients.
- NISM Series X C: Investment Adviser Certification (Renewal)
For investment advisers renewing their certification to keep giving advice.
- NISM Series XII: Securities Markets Foundation
- NISM Series XIII: Common Derivatives
For people working with all types of derivative products in the market.
- NISM Series XV: Research Analyst
For people researching and giving reports on stocks and markets.
- NISM Series XV B: Research Analyst Certification (Renewal)
- NISM Series XVI: Commodity Derivatives
For people trading, selling, or handling commodity derivatives.
- NISM Series XVII: Retirement Adviser
For people helping clients plan and manage their retirement savings.
- NISM Series XIX A: Alternative Investment Funds (Category I and II)
For people working with special investment funds in Category I and II.
- NISM Series XIX B: Alternative Investment Funds (Category III)
- NISM Series XIX C: Alternative Investment Fund Managers
For managers running and handling alternative investment funds.
- NISM Series XIX A: Alternative Investment Funds (Category I and II)
For people managing client portfolios under PMS rules.
- NISM Series XXI B: Portfolio Managers
For professionals managing investment portfolios for clients.
- NISM Series XXIII: Social Impact Assessors
- NISM Series XXIV: AML and CFT Provisions in Securities Markets
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