NISM-Series-X-A: Investment Adviser (Level 1) Certification 

Mode of Delivery: Online Live Interactive + Online Self-paced*

Duration: 36 Hours 

Study Materials: 

• Recording available of online live sessions (for 90 days)
• PPTs (700+ Slides)
• 900+ MCQs & 45+ Case Studies with Solution
• Quick revision summary.
• Career Guidance/Counseling

The NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination sets a knowledge benchmark for individual investment advisers, principal officers of non-individual investment advisers, and professionals associated with investment advice. 

The certification aligns with SEBI’s (Investment Advisers) Regulations, 2013, enhancing the quality of advisory services in the financial services industry.

Upon successful completion of the training, candidates will:

• Understand Personal Financial Planning: Learn the fundamentals of financial planning, time value of money, cash flow management, and debt management.
• Grasp Indian Financial Markets: Gain knowledge about the Indian financial ecosystem, market structure, and securities segments.
• Comprehend Investment Products: Understand various investment products, including equity, fixed income, derivatives, and managed portfolios.
• Master Portfolio Construction: Develop skills in constructing, monitoring, and evaluating portfolios.
• Navigate Regulations and Ethics: Acquire insights into the regulatory framework, compliance, ethical practices, and grievance redress mechanisms

Assessment Details:

• 90 multiple-choice questions and 9 case studies having 45 questions.
• Total Marks: 150 (90 marks for MCQs and 60 marks for case-based questions).
• Duration: 3 Hours
• Passing Score: 60%
• Negative Marking: 25% of marks assigned per incorrect answer

·    Certificate Validity: 3 years

* Online Self-paced contents access will be provided for 90 days to the user only.

Test Objectives:

Upon passing the examination, candidates will:

• Understand Personal Financial Planning: Learn the fundamentals of financial planning, time value of money, cash flow management, and debt management.
• Grasp Indian Financial Markets: Gain knowledge about the Indian financial ecosystem, market structure, and securities segments.
• Comprehend Investment Products: Understand various investment products, including equity, fixed income, derivatives, and managed portfolios.
• Master Portfolio Construction: Develop skills in constructing, monitoring, and evaluating portfolios.
• Navigate Regulations and Ethics: Acquire insights into the regulatory framework, compliance, ethical practices, and grievance redress mechanisms

Course Details:

• Duration: 36 Hours
• NISM exam registration fees not included in the above mention Course Fee.
• PPTs (700+ Slides), 900+ MCQs, 40+ case studies and PDFs for practice (mock exams & mock paper shared for self-practice).
• Sessions would cover doubt solving from the Mock Exams.
• Online Interactive Session for the practice on software’s required in particular module

Eligibility:

The NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination is suitable for:

• Associated Persons:
  • Individual investment advisers, principal officers, and professionals involved in investment advice under SEBI’s regulations.
• Interested Individuals:
  • Students (10th, 10+2, Undergraduates, Postgraduates) aspiring for careers in investment advisory.
  • Financial advisors and wealth managers seeking to enhance their expertise.
  • Professionals and individuals aiming to understand financial markets and advance their investment advisory knowledge.

Curriculum Overview: NISM-Series-X-A: Investment Adviser (Level 1) Certification

I. Personal Financial Planning: Understand financial planning concepts, evaluate clients' financial positions, manage debts, and plan for contingencies and budgets.

II. Indian Financial Markets: Explore the structure, functions, and regulatory framework of Indian financial and securities markets.

III. Investment Products: Learn about diverse investment opportunities, including equity, fixed income securities, derivatives, and other alternatives.

IV. Investment Through Managed Portfolios: Understand mutual funds, portfolio management services, and alternative investment funds (AIFs), focusing on features, regulations, and suitability.

V. Portfolio Construction, Performance Monitoring, and Evaluation: Master portfolio construction, optimization, risk-return analysis, and performance evaluation.

VI. Operations, Regulatory Environment, Compliance, and Ethics: Gain insights into operational aspects, compliance requirements, ethical responsibilities, and grievance redress systems in investment management.