Why Mutual Fund Distributor
The examination seeks to create a common minimum knowledge benchmark for all persons involved in selling and distributing mutual funds including:
- Individual Mutual Fund Distributors
- Employees of organizations engaged in sales and distribution of Mutual Funds
- Employees of Asset Management Companies specially persons engaged in sales and distribution of Mutual Funds
The certification aims to enhance the quality of sales, distribution and related support services in the mutual fund industry.
This course offers several advantages to the associated persons for their elevated career path. Some of them are being discussed below:
- Know the basics of mutual funds, their role and structure, different kinds of mutual fund schemes and their features
- Understand how mutual funds are distributed in the market-place, how schemes are to be evaluated, and how suitable products and services can be recommended to investors and prospective investors in the market.
- Get oriented to the legalities, accounting, valuation and taxation aspects underlying mutual funds and their distribution.
- Get acquainted with financial planning as an approach to investing in mutual funds, as an aid for mutual fund distributors to develop long term relationships with their clients.
1.Better job opportunities
Just like any other exam or certification, NISM certification also gives you an edge over those who haven’t given the exam. It attracts more and better job opportunities. Many companies like ICICI, HDFC, Reliance Mutual, Kotak etc. have got into this business and are always on a lookout for suitable candidates.
The main and most important benefit of giving the exam is the knowledge that you gain from it. The basics that you learn by giving the exam will help you in your field. It will make your task easier and help you understand the ethics of your business better. You will know what is right and what is wrong, and also what to do at the time of a crisis or downfall.
The exam is very useful and helpful to everybody interested in the funds business and should be given by them. Passing the exam would also give you a sense of achievement and boost your confidence and self-esteem. You can register online for the exam.