NISM-Series-V-D: Mutual Fund – Specialized Investment Fund (SIF) Distributors Certification Examination

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)