NISM Series V A Most Important MCQs For 2026
Chapter 1: Investment Landscape
Master Chapter 1 with the most important MCQs! Financial Goals, Asset Classes, Risk Management, Behavioral Biases, Asset Allocation – explained for exam success.
Chapter 2: Concept & Role of a Mutual Fund
Master Chapter 2 with the most important MCQs! Investment Vehicle, Legal Structure, NAV, Open vs Closed-ended, ETF, Fund Categories, Lock-in Periods – explained for exam success.
Chapter 3: Legal Structure of Mutual Funds in India
Master Chapter 3 with the most important MCQs! Trust Structure, Sponsor, Trustees, AMC, Custodian, RTA, SEBI Requirements – explained for exam success.
Chapter 4: Legal and Regulatory Framework
Master Chapter 4 with the most important MCQs! SEBI Regulations, Investment Limits, Advertisement Rules, Investor Rights, Grievance Redressal – explained for exam success.
Chapter 5: Scheme Related Information
Master Chapter 5 with the most important MCQs! SID, SAI, KIM Documents, Riskometer, NAV Disclosure, Portfolio Disclosure, Annual Report – explained for exam success.
Chapter 6: Fund Distribution and Channel Management Practices
Master Chapter 6 with the most important MCQs! Distributor Role, ARN, EUIN, Trail Commission, Transaction Charges, B30, KYD, Mis-Selling, GST, Execution Only – all explained for exam success.
Chapter 7: Net Asset Value, Total Expense Ratio and Pricing of units
Master Chapter 7 with the most important MCQs! TER/Expense Ratio Caps, Service Timelines, Redemption Rules, KYC Process, Account Statements, Exit Load, SEBI Regulations & Investor Rights – all explained for exam success.
Chapter 8: Taxation
Master Chapter 8 with the most important MCQs! LTCG, STCG, Holding Period, Tax Rates, STT, Indexation, Section 80C, TDS on Dividends, Debt vs Equity Fund Taxation & Budget 2024 Updates – all explained for exam success.
Chapter 9: Investor Services
Master Chapter 9 with the most important MCQs! KYC Process, Account Statements, Nomination Rules, Transmission, Grievance Redressal, SCORES, Arbitration, CAS, Unclaimed Amounts & Investor Rights – all explained for exam success.
Chapter 10: Risk, Return and Performance of Funds
Master Chapter 10 with the most important MCQs! Absolute Return, CAGR, XIRR, Standard Deviation, Beta, Sharpe Ratio, Treynor Ratio, Alpha, Benchmark Comparison, NAV Calculation & Risk-Adjusted Returns – all explained for exam success.
Chapter 11: Mutual Fund Scheme Performance
Master Chapter 11 with the most important MCQs! NAV-Based Returns, Benchmark Comparison, SEBI Categorization 2018, Total Return Index (TRI), Fund Rating, Quartile Ranking, Portfolio Turnover, Expense Ratio Impact & 2008 Market Crash Analysis – all explained for exam success.
Chapter 12: Mutual Fund Scheme Selection
Master Chapter 12 with the most important MCQs! Investor Goal Setting, Risk Profiling, Asset Allocation (100 minus Age Rule), Fund Selection Criteria, Direct vs Regular Plan, SIP vs Lumpsum, Time Horizon, Liquidity Needs & Scheme Suitability – all explained for exam success.