NISM Series V-A Mutual Fund Distributors Practice Tests
600 questions for NISM Series V-A Mutual Fund Distributors with every answer explained, in 6 timed tests. Written in-house, not affiliated with NISM.
- 600 questions mapped to the NISM Series V-A Mutual Fund Distributors syllabus, written in-house
- 2 full-length, timed mock exams at the real pass standard, plus 4 topic drills
- A full explanation on every answer, right and wrong
- Kept current against the latest published syllabus
Best priceCode GP1OCT2026 applies automatically at Udemy checkout, or enter it yourself.
Pricing and secure checkout are handled by Udemy.
Practice built to pass, not to pad the count
Original, not recycled
Written in-house to the published syllabus. No real exam papers, no shared braindumps.
Every answer explained
Learn why the key is right and why each distractor is the tempting trap.
A route, not a score
Topic tests find your weak areas; the timed mock confirms readiness.
Real exam standard
Timed and marked at the actual pass mark, so the score means something.
600 questions across 6 tests
| Practice test | Coverage | Questions |
|---|---|---|
| NISM_VA_DistributionNavTax_Ude | 100 | |
| NISM_VA_InvestmentLandscape_Ud | 100 | |
| NISM_VA_RiskReturnSelection_Ud | 100 | |
| NISM_VA_StructureRegulation_Ud | 100 | |
| Full mock 1 | All LOs, exam pace | 100 |
| Full mock 2 | All LOs, exam pace | 100 |
| Total | 600 |
What the tests cover
- 01Investment Landscape
- 02Concept and Role of a Mutual Fund
- 03Legal Structure of Mutual Funds in India
- 04Legal and Regulatory Framework
- 05Scheme Related Information
- 06Fund Distribution and Channel Management Practices
- 07Net Asset Value, Total Expense Ratio and Pricing of Units
- 08Taxation
- 09Investor Services
- 10Risk, Return and Performance of Funds
- 11Mutual Fund Scheme Performance
- 12Mutual Fund Scheme Selection
A sample question, in the course style
What is the key difference between a direct plan and a regular plan of the same scheme?
- AThe direct plan invests in different securities from the regular plan
- BThe direct plan has a lower expense ratio because it carries no distributor commission
- CThe direct plan is available only to institutional investors
- DThe direct plan guarantees a higher return than the regular plan
Direct and regular plans share the same portfolio and manager. The direct plan carries no distributor commission, so its TER is lower and its NAV is typically slightly higher over time.
Enrol in three steps
Click Enrol on Udemy
The link opens the course on Udemy with code GP1OCT2026 already applied.
Check the discount shows
Confirm the reduced price appears at checkout before you pay. You can also type the code in yourself.
Buy once, keep for life
Lifetime access on Udemy, with every future update and a 30-day money-back guarantee.
More in Financial Services & Risk
Questions, answered
Are these the real exam questions?
No. Every question is written in-house to the current published syllabus. There are no real exam papers and no shared braindumps.
Will this guarantee I pass?
No. These are study aids to help you practise to the real standard and find your weak areas. Use them alongside the official syllabus and study materials.
Topic tests or the full mock first?
Start with the topic tests to find your weak areas, then sit the full timed mock to confirm you are ready before you book.
How many times can I take the tests?
Lifetime access on Udemy with unlimited retakes, and you get every future update.
What if the course isn't right for me?
Udemy offers a 30-day money-back guarantee on your purchase.
GradePath Learning is an independent education provider and is not affiliated with, endorsed by, or approved by the National Institute of Securities Markets. NISM is a trademark of its owner, used here only to identify the exam these practice tests prepare you for.