Are NRIs allowed to give the NISM Mutual fund distributors exam?

[gopinathpc]

I am an NRI residing in the U.S for several years. I would like to get mutual fund certification.

I have a PAN card. Am I eligible to get the mutual fund certification?

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[Arvind kumar]

As per NISM website - "Any person holding a certificate for clearing the NISM or AMFI certification examination/ AMFI refresher course/ NISM CPE, as per SEBI mandate, and where the validity of such certificate has not expired may appear for CPE." So NRIs can also appear.

[Arvind kumar]

Read NISM FAQ here

[gopinathpc]

As per NISM website - "Any person holding a certificate for clearing the NISM or AMFI certification examination/ AMFI refresher course/ NISM CPE, as per SEBI mandate, and where the validity of such certificate has not expired may appear for CPE." So NRIs can also appear.

What certificate should I hold before appearing at the exam? Do I need to take a refresher course first?

[Aman]

You need to hold following certificates -
1- NISM or AMFI certification examination
2- AMFI refresher course or
3- NISM CPE

[gopinathpc]

You need to hold following certificates -
1- NISM or AMFI certification examination
2- AMFI refresher course or
3- NISM CPE

Can you please let me know what is the procedure for getting these 3 items?
I was under the impression anyone can register for the MF distributor exam and whoever passes the exam can get a certificate. The certificate can be used to get appointment from any AMC. Obviously I am wrong.

[Manish_Kumar]

Read here about -
NISM Mutual Fund Certification
What is AMFI Mutual Fund Certification?
Frequently Asked Questions - CPE for Mutual Fund Distributors

[gopinathpc]

If I pass the NISM V MF exam will this be sufficient for becoming a MF distribtuor?
Or do I still need to pass the AMFI MF cert exam?

[PolicyWala]

If I pass the NISM V MF exam will this be sufficient for becoming a MF distribtuor?
Or do I still need to pass the AMFI MF cert exam?

AMFI no more conducts any MFs related examination. You have to pass NISM V-A MFD exam.

[gopinathpc]

AMFI no more conducts any MFs related examination. You have to pass NISM V-A MFD exam.

Thanks for the confirmation. I am planning to give the NISM exam at Hyderabad in Dec when I visit India. So, for this, I need to do the following -
1 Reigster and enrol for the NISM MF V exam by paying Rs 10000 at the NSE website
2. Give the exam
3. After passing the exam, send the certificate to AMC's for appointment
Is this correct?