NISM Series 10B — Investment Adviser Level 2
The second half — case-driven, focused on real client scenarios and portfolio construction.
Quick info
- Layer
- NISM Certifications
- Track
- NISM Certifications
- Estimated hours
- 80 hrs
- Chapters
- 7
- Exam body
- NISM
- Cost on Trustner
- Free
The full chapter-by-chapter syllabus is published below so you know exactly what you're committing to. Individual lesson pages are being authored progressively over the coming weeks. Bookmark this page or browse all courses.
About this course
The second half of the SEBI Investment Adviser qualification — case-driven, focused on real client situations, and heavier on portfolio construction and tax planning.
Who this is for
- Anyone who has cleared NISM 10A and is moving toward registration.
- Working CFPs adding the SEBI credential.
- Practitioners moving from distribution to fee-only advisory.
What you'll learn
- Case-driven advisory — client interview to written plan
- Portfolio construction with real Indian asset classes
- Personal taxation, retirement, estate, and insurance integration
- Performance reporting and ongoing review
Full syllabus — 7 chapters
- 1Chapter 1
Comprehensive financial planning
- The six-step process
- Cash-flow analysis and net-worth statements
- 2Chapter 2
Insurance and risk management
- Life, health, general insurance integration
- Sum-assured calculations
- 3Chapter 3
Retirement planning
- NPS, EPF, annuities
- Goal-based corpus targeting
- 4Chapter 4
Tax-efficient portfolio design
- STCG / LTCG arbitrage
- Tax-loss harvesting; debt taxation post-2024
- 5Chapter 5
Estate planning basics
- Wills, nominees, joint holding
- Trusts and HUF — when each fits
- 6Chapter 6
Performance and reporting
- XIRR, time-weighted vs money-weighted returns
- Standard reporting templates
- 7Chapter 7
Practice case studies
- Young professional, mid-career family, near-retiree, NRI
- Common pitfalls in each profile
About the exam
- Provider
- NISM
- Duration
- 3 hrs
- Questions
- 90
- Pass mark
- 60%
The exam is administered by NISM. Trustner Academy is not affiliated with NISM; we provide independent preparatory educational material. See our disclaimer.
More from NISM Certifications
NISM Series 5A — Mutual Fund Distributors
The foundational certification for anyone advising on or distributing mutual funds in India. Highest demand, fastest path to a career in financial services.
NISM Series 22 — Mutual Fund Foundation
A simpler entry point to mutual fund advisory — covers the basics for those new to the industry.
NISM Series 8 — Equity Derivatives
Futures, options, and the equity derivatives market — required for anyone working as an approved user or sales person on the equity derivatives segment.
NISM Series 7 — Securities Operations & Risk Management
Back-office, risk, settlement, and operations across capital markets — the backbone of a securities career.