NISM Series 22 — Mutual Fund Foundation
A simpler entry point to mutual fund advisory — covers the basics for those new to the industry.
Quick info
- Layer
- NISM Certifications
- Track
- NISM Certifications
- Estimated hours
- 40 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
A simpler, foundational entry into mutual fund advisory — designed for those new to the industry or for staff in supporting roles. NISM 22 covers the same broad topics as NISM 5A at a less demanding depth.
Who this is for
- Bank branch staff selling mutual funds as part of broader product mix.
- New entrants who want a structured start before tackling NISM 5A.
- Operations and back-office staff in AMC partner channels.
What you'll learn
- The mutual fund industry structure and the role of intermediaries
- Scheme types, NAV, fees, and the basic taxation framework
- KYC, the investor on-boarding process, and SIP / STP / SWP mechanics
- Ethics and the AMFI code of conduct
Full syllabus — 7 chapters
- 1Chapter 1
Investment basics
- Why save, why invest, financial planning fundamentals
- Risk-return trade-off in everyday language
- 2Chapter 2
Securities markets primer
- Equity, debt, money market
- Role of SEBI, exchanges, depositories
- 3Chapter 3
Mutual fund structure
- Sponsor, Trustee, AMC, RTAs
- Scheme categories and the SEBI categorisation circular
- 4Chapter 4
NAV, fees, and pricing
- How NAV is computed daily
- TER, exit loads, and stamp duty
- 5Chapter 5
Investor services
- KYC, on-boarding, folio operations
- SIP, STP, SWP, switches
- 6Chapter 6
Taxation basics
- Equity vs debt taxation
- STCG, LTCG, dividend taxation
- 7Chapter 7
Distribution and ethics
- ARN, code of conduct, mis-selling
- Grievance redressal channels
About the exam
- Provider
- NISM
- Duration
- 2 hrs
- Questions
- 50
- Pass mark
- 50%
Note: No negative marking.
The exam is administered by NISM. Trustner Academy is not affiliated with NISM; we provide independent preparatory educational material. See our disclaimer.
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NISM Series 10A — Investment Adviser Level 1
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