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

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

The NISM Series-X-A: Investment Adviser (Level 1) is a advisory focused certification for individual financial investment advisor or principal advisor of an advisory organization as per the rules and regulations stipulated under the SEBI (Investment Advisers) Regulations, 2013. The certification is offered by NISM (National Institute of Securities Markets), an puiblic trust formed by the SEBI (Securities and Exchange Board of India).

The certification focuses on assessing investment advisory skills covering client dealing, financial assessment of clients, various investment options and portfolio management. The certification enables individuals to be employed as investment adviser or offer their services fore effective investment advise to individuals or companies .

Why is NISM Series-X-A: Investment Adviser (Level 1) important?

  • Well-recognized certificate accepted by financial services industry in India.
  • Boosts your employability in roles related to investment advisory.
  • Certified candidates can also freelance or start their own business of investment advisory.
  • Certifies your knowledge of SEBI's compliance for investment advisers.
  • Validates your understanding of financial planning and personal finance.
  • Prepares candidates to offer client-specific and goal-based financial advice.
  • Helps advisers evaluate risk tolerance and investment goals of clients.
  • Enhances professional skills for new financial planners and wealth managers.
  • Validates awareness and compliance to ethical practices and professional standards in investment advisory services.

Who should take the NISM Series-X-A: Investment Adviser (Level 1) Exam?

  • Investment Adviser
  • Financial Planner
  • Wealth Manager
  • Relationship Manager
  • Client Portfolio Manager
  • Mutual Fund Distributor
  • Insurance Advisor
  • Financial Consultant
  • Independent Financial Advisor (IFA)
  • Private Banker

NISM Series-X-A: Investment Adviser (Level 1) Certification Course Outline
The NISM Series-X-A: Investment Adviser (Level 1) Certification covers the following topics -

Section 1. Introduction to Personal Financial Planning
Section 2. Time Value of Money
Section 3. Evaluating the Financial Position of Clients
Section 4. Debt Management and Loans
Section 5. Introduction to the Indian Financial Markets
Section 6. Securities Market Segments
Section 7. Introduction to Investment
Section 8. Investing In Stocks
Section 9. Investing In Fixed Income Securities
Section 10. Understanding Derivatives
Section 11. Mutual Funds
Section 12. Portfolio Manager
Section 13. Overview of Alternative Investment Funds (AIFs)
Section 14. Introduction to Modern Portfolio Theory
Section 15. Portfolio Construction Process
Section 16. Portfolio Performance Measurement and Evaluation
Section 17. Operational Aspects of Investment Management
Section 18. Key Regulations
Section 19. Ethical Issues
Section 20. Grievance Redress Mechanism

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

There will only be multiple-choice and multi-response questions covered in the exam.

Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.

There will be 100 questions in the exam.

Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not the NISM-Series- X-A: Investment Adviser (Level 1) Certification Exam cost.

TestprepTraining provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.

Yes our experts frequently blog about the tips and tricks for exam preparation.

Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.

Once purchased, the practice exams can be access for the lifetime.

Yes testprep training offers free practice tests for the NISM-Series- X-A: Investment Adviser (Level 1) Certification Exam which can be used before the final purchase for complete test.

To renew your current certificate, you need to appear for NISM CPE for Investment Adviser (Level 1) or successfully pass the NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination before the expiry of such certificate.

There are no prerequisites required for NISM-Series- X-A: Investment Adviser (Level 1) Certification Exam.

On successful completion of the examination the candidate should: • Know the basics of investment advisory, steps in the advisory process, making and implementation of financial plan. • Understand how to evaluate different products, their suitability and how the recommendation of the same can impact investment risks, returns and strategies in a personal finance environment for investors and prospective investors in the market. • Get oriented to the Income tax, Wealth tax and legalities of Estate planning in personal finance, and regulatory aspects underlying advisory. • Get acquainted with financial planning as an approach to investing, insurance, retirement planning and an aid for advisers to develop long term relationships with their clients.

The certificate will be valid for 3 years from the date of the examination.

After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.

The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 60%. There shall be negative marking of 25% of the marks assigned to a question for each wrong answer.

The fees for NISM-Series- X-A: Investment Adviser (Level 1) Certification Exam is Rupees One Thousand Five Hundred only (Rs. 1500/-).

The candidate has to secure 60% in order to pass the exam.

Revised NISM-Series- X-A: Investment Adviser (Level 1) Certification Examination w.e.f January 25, 2020. The examination seeks to create a common minimum knowledge benchmark for all associated persons registered as an investment adviser and partners and representatives of investment advisers under SEBI (Investment Advisers) Regulations, 2013 and offering investment advisory services. NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination is the level 1 examination. An associated person shall be required to pass both the levels (i.e. NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination and NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination) tofulfill the requirements under Regulation 7(2) of the SEBI (Investment Advisers) Regulations, 2013. The certification aims to enhance the quality of investment advisory and related services in the financial services industry.

The following persons can take NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination: 1. Investment Advisers and their associated persons, including their representatives and partners 2. Interested students/professionals 3. Any other Individual

There will be 100 questions which have to be completed in 120 minutes.