Effective July 22, 2026, NISM has introduced the NISM-Series-V-D: Mutual Fund – Specialized Investment Fund (SIF) Distributors Certification Examination
New applicant with NISM Series V-D → Eligible to obtain registration for both MF and SIF distribution.
An existing MFD can renew ARN for MFDs well as register for SIF simultaneously
(Details guidelines will be issued shortly)
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