NISM's Mutual Fund Foundation | Examination Workbook V-B | Workbook Version – July 2020 | An Educational Initiative of SEBI  (Paperback, NISM (An Educational Initiative of SEBI))

This book aims to create a common minimum knowledge benchmark for new cadre of mutual fund distributors, as per SEBI circular CIR/IMD/DF/21/2012 dated September 13, 2012, involved in selling and distributing simple and performing mutual fund schemes: (a) Postal agents (b) Retired government and semi-government officials (class III and above or equivalent) with a services of at least 10 years (c) Retired teachers with a services of at least 10 years (d) Retired bank officers with a service of at least 10 years, and other person as may be notified by AMFI/AMC from time to time. This book aims to enhance the quality of sales, distribution and related support services in the mutual fund industry. This book also teaches financial planning as an approach to investing in mutual funds, and an aid for advisors to develop long-term relationship with their clients. It discusses the concept of scheme evaluation, recommendation of suitable products and services to investors and prospective investors. It will be immensely useful for all those who want to have a better understand of Indian mutual fund industry. The Present Publication is the July 2020 workbook version, published exclusively by Taxmann for NISM Certification Examination V-B [Mutual Fund Foundation], with the following noteworthy features: (a) Know the basics of mutual fund, their role and structure, different kinds of mutual fund schemes and their features (b) Know how mutual funds are distributed in the market-place, how specified schemes are to be evaluated and how suitable schemes can be recommended by this cadre of distributors to prospective investors (c) Know the rules and regulations related to distribution of specified products (d) Coverage of this book includes: (i) Investment Landscape (ii) Concept and Role of a Mutual Fund (iii) Legal Structure of Mutual Funds (iv) Mutual Fund Products for the new Cadre of Distributors (v) Scheme Related Information (vi) Fund Distribution and Channel Management Practices (vii) Performance of Mutual Funds (viii) Taxation (ix) Investor Services (x) Legal and Regulatory Environment