Investment Adviser  (Level 1 ) Certification Examination 

 

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.

What are the course objectives?
  • Know the basics of investment advisory, steps in the advisory process, making and implementation of the 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.
Course Fees ?

 Fees Details

Name of Module: NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination

Fees (Rs.) Test Duration (in minutes) No. of Questions Maximum Marks Pass Marks* (%) Certificate Validity#(in years)
1500+ 120 100 100 60 3

*: Negative marking – 25% of the marks assigned to the question
+ Payment gateway charges extra.
# Passing Certificate will be issued only to those candidates who have furnished/ updated their Income Tax Permanent Account Number (PAN) in their registration details.

Benefits from this Course ?

Financial advice revolves around money, and the affluent individuals that most financial planners work with have a good-sized chunk of it, which means the conversations often turn quickly to investments, and how to manage them effectively. As a result, a lot of time is often spent on investment portfolios, asset allocation, and decisions about particular investments, including whether to implement them with passive or active strategies.

About us

 

Investment advisors work as professionals within the financial industry by providing guidance to clients in exchange for specific fees. Often, investment advisors have a level of discretionary authority, allowing them to act on the behalf of their clients without having to obtain formal permission prior to executing an action. However, the discretionary authority must be formally provided by the client, and it is generally arranged as part of the client onboarding process.

Our Training Features

Convenient Learning

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Top Notch Faculty

Free Demo For beginners

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In-demand Courses

Syllabus 

 

CHAPTER-1: Introduction to Indian Financial Market         

  • Understand the macro-economic parameters of Indian Economy
  • Understand the features of Indian Financial Markets
  • Know the structure of Indian Financial Markets
  • Understand the role of the participants in the Indian Financial Markets
  • Know the role of various Regulators regulating Indian Financial Markets (In brief)

 CHAPTER-2: Securities Market Segments

  • Understand the nature, functions and types of issues in Primary Markets
  • Know the role and function of Secondary Markets
  • Understand the various types of various Corporate Actions

 CHAPTER-3: Mutual Funds  

  • Understand the meaning and features of a mutual fund
  • Know the key terms and concepts associated with mutual funds
  • Know the regulatory framework for mutual funds
  • Know the various types of mutual fund products
  • Understand the taxation of Mutual Fund Products
  • Know the investment options in mutual funds
  • Know the processes associated with investing in mutual funds
  • Understand the uses and processes of conducting systematic transactions
  • List the benefits of investing with mutual funds

 CHAPTER-4: Investment Products

  • Understand the various types of small savings instruments
  • Understand the various types of fixed income / debt instruments
  • Know the various types of alternate investments
  • Know the concept of direct equity as an investment option

 CHAPTER-5: Managing Investment Risk

  • Know the concept of Risk
  • Know the Common Types of Risk
  • Understand the ways of measuring risk

 CHAPTER-6: Measuring Investment Returns

  • Understand the concept of return
  • Understand the various return concepts
  • Understand the concept of compounding
  • Know the computation of Real rate of return vs. nominal return
  • Know the computation of Tax adjusted return
  • Understand the concept of Risk-adjusted Returns

 CHAPTER-7: Concept of Financial Planning

  • Understand what constitutes financial planning
  • Know the need for financial advisory services
  • Understand the scope of financial advisory services
  • Understand the business model for the deliveryof financial advice to client
  • Understand assets, liabilities and net worth
  • Understand the preparation of budget
  • Know the financial planning delivery process

 CHAPTER-8: Asset Allocation and Investment Strategies

  • Know the various Asset classes
  • Learn about Portfolio construction
  • Understand the concept of Practical asset allocation and Rebalancing Strategies
  • Know the need for portfolio monitoring and re-balancing

 CHAPTER-9: Insurance Planning

  • Understand the need for insurance in personal finance
  • List the requirements for a risk to be insurable
  • Understand the role of insurance in personal finance.
  • Know the various steps involved in Insurance Planning
  • Know the types of Insurance Products
  • Understand about the Life Insurance Products
  • Understand about the Non-Life Insurance Products
  • Understand the life insurance needs analysis (Human life approach, Needs approach)

 CHAPTER-10: Retirement Planning

  • Understand the retirement planning process
  • Understand and estimate retirement corpus
  • Determine the retirement corpus
  • Learn about the various retirement products and their features

CHAPTER-11: Tax and Estate Planning

  • Understand Income tax principles
  • Understand Tax aspects of Investment products
  • Learn about the Wealth Tax Act and its implication for clients
  • Know about Estate Planning

 CHAPTER-12: Regulatory Environment and Ethical Issues

  • Understand the provisions of the SEBI (Investment Advisers) Regulations, 2013
  • Understand the overall framework of the regulatory system
  • Learn about the roles of regulators: MoF, MCA, SEBI, RBI, IRDA, PFRDA
  • Understand the role of Self regulatory organizations
  • Understand the provisions of PMLA, 2002
  • Know the codes of conduct by SEBI, AMFI, etc
  • Know the ethical issues in providing financial advice
  • Understand investor complaint redressal mechanism