Mutual Funds: A Beginner's Module (Foundation) Practice Exam

Mutual Funds: A Beginner's Module (Foundation) Practice Exam

The National Stock Exchange of India (NSE) offers a foundation-level certification program called Mutual Funds: A Beginner's Module. This exam equips you with the essential knowledge and understanding of mutual funds, a popular investment vehicle in India.

Who Should Take This Exam?

This NCFM certification is ideal for:

• New Investors: Gaining a solid foundation in mutual funds before investing your hard-earned money.
• Financial Professionals: Individuals aspiring to careers in financial services, wealth management, or the mutual fund industry.
• Anyone Seeking Financial Literacy: Enhancing your understanding of how mutual funds work and their role in financial planning.

There are no formal prerequisites for taking this exam.

Roles and Responsibilities 

• Mutual Fund Distributor: An intermediary who sells mutual fund units to investors.
• Financial Advisor: Guiding clients on investment decisions, including mutual funds.
• Wealth Management Professional: Providing comprehensive financial planning services that may include incorporating mutual funds.
• Customer Service Representative (Mutual Funds): Addressing investor queries and concerns related to their mutual fund investments.

These roles typically require additional qualifications and experience beyond the NCFM certification.

Exam Details

• Duration: 120 minutes
• No. of questions: 60
• Maximum marks: 100, Passing marks: 50 (50%); There is no negative marking in this module.
• Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.
• Total Fees : Rs.2006/- (Rupees Two Thousand and Six Only). inclusive of GST.