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NISM

NISM Series V-A: Mutual Fund Distributors Certification Examination

NISM Series V-A: Mutual Fund Distributors Certification Examination is a Finance exam with 20 questions worth 20 marks in 24 minutes, split across NAV and Returns Calculations (10 questions, 10 marks), SIP and Growth Calculations (10 questions, 10 marks). There is no negative marking, and an unanswered question scores zero. TakeMockTest currently offers 3 syllabus-checked practice tests for NISM. Pattern checked against the official source on 15 August 2026.

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Frequently asked questions

What is the NISM exam pattern?

NISM has 20 questions worth 20 marks in 24 minutes, covering NAV and Returns Calculations (10 questions, 10 marks), SIP and Growth Calculations (10 questions, 10 marks).

Is there negative marking in NISM?

No. NISM has no negative marking, and an unanswered question scores zero.

Does this mock test cover the official NISM syllabus?

Every test on this site is mapped to the official pattern and syllabus scope linked above, and independently checked before publishing. Granular topic labels beyond the official syllabus are a TakeMockTest preparation map, not an official subtopic list, unless stated otherwise.