All 12 chapters
Detailed, chapter-wise notes for the NISM Series V-A syllabus, with mark weightage for each chapter.
Investment Landscape
8%Why people invest instead of just saving, and how risk, return, inflation, and compounding fit together.
Concept and Role of Mutual Funds
6%What a mutual fund is, why investors use one, and who does what inside the structure.
Legal Structure of Mutual Funds
4%The legal skeleton: how Indian mutual funds are formed and who is accountable to whom.
Legal and Regulatory Framework
10%The rule-heavy chapter: SEBI (Mutual Fund) Regulations, 1996, and the approvals, timelines, and investor-protection rules built on it.
Scheme Related Information
10%The documents that describe a scheme, plus the disclosure rules and risk labelling investors rely on.
Fund Distribution and Channels
6%How mutual funds reach investors, and how distributors are regulated and compensated.
NAV, Total Expense Ratio and Pricing
8%How a mutual fund unit is priced, and how expenses and loads affect what an investor actually receives.
Taxation
4%Holding-period classification and tax treatment for mutual fund gains, dividends, and SIPs.
Investor Services
20%The highest-weightage chapter: the practical, procedural life of an investor - KYC, transactions, nominations, and grievances.
Risk, Return and Performance of Funds
7%The vocabulary for describing risk and judging risk-adjusted performance, plus the real-world mechanics of credit events.
Mutual Fund Scheme Performance
7%Choosing the right return measure for the situation, and why point-to-point comparisons can mislead.
Mutual Fund Scheme Selection
10%Matching the right scheme to the right investor - the chapter that ties the whole syllabus together.
Independent study aid by Ramaniya, based on the syllabus of the National Institute of Securities Markets (NISM) - not an official NISM publication.