Description:

This course is designed to help you prepare for the NISM Series-XIII: Common Derivatives Certification Examination by providing a realistic mock test experience. It covers all the essential topics and question types found in the actual exam to help you assess your readiness and enhance your confidence.

Key Highlights:

• Realistic mock test experience
• Comprehensive coverage of exam topics
• Enhanced readiness and confidence building

What you will learn:

• Evaluate Your Knowledge
  Assess your understanding of common derivatives concepts and question formats.
• Simulate Exam Conditions
  Experience a timed mock test to simulate real exam conditions and improve time management.
• Identify Weak Areas
  Pinpoint your areas of improvement to focus your final exam preparation effectively.

• On successful completion of the NISM series examination, the candidate should:

• Know the basics of the Indian derivatives market (covering Equity Derivatives, Currency Derivatives and Interest Rate Derivatives).
• Understand the various trading and hedging strategies that can be built using futures and options.
• Understand the clearing, settlement and risk management as well as the operational mechanism related to the derivatives markets.
• Know the regulatory environment in which the derivatives markets operate in India

Assessment Structure:

The NISM Series-XIII: Common Derivatives Certification Examination will be a 150 marks examination to be completed in 3 hours. It will have 150 questions of 1 mark each. There will be negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60% which is 90 marks out of total marks of 150.

Mandatory Exam for Specialized Investment Funds (SIFs)

The SEBI (Securities and Exchange Board of India) has introduced a regulatory framework for Specialized Investment Funds (SIF) to bridge the gap between Mutual Funds and Portfolio Management Services (PMS) in terms of portfolio flexibility.

This framework is effective from April 1, 2025, and aims to provide investors with an alternative investment vehicle that offers characteristics bridging these two options.

The SIF scheme does not require an exam for investors to participate. However, entities engaged in the sale and/or distribution of Mutual Fund products must have passed the National Institute of Securities Markets (NISM) Series-XIII: Common Derivatives Certification Examination to offer SIF products.

The NISM Series-XIII exam is a mandatory certification for those who want to work in financial markets and is conducted by security market participants and intermediates mandated by SEBI regulations. The exam is designed to ensure that professionals have the necessary knowledge and skills to operate in the financial markets.