NISM Series V-A · Mutual Fund Distributor

You studied.
Now prove it.The mock test platform that shows you exactly
where you will lose marks — before exam day.

Most NISM V-A candidates who fail are not underprepared — they are untested. They read the workbook. They attend classes. And then they sit the exam without ever experiencing negative marking under a 2-hour clock.

That is the gap Passlane closes.

2,000+
Practice questions
₹799
Full exam pack
50/100
Pass mark · Real exam

3 full-length tests free · No credit card · Upgrade when ready

PASSLANE · MOCK TEST
LIVE
Q 47 of 100 · NISM Series V-A
01:14:38 remaining
Chapter 4 · NAV Calculation
An investor purchases units at ₹25 NAV. Exit load is 1% if redeemed within 1 year. NAV on redemption is ₹30. What is the redemption price?
A
₹30.00
B
₹29.70 — correct ✓
C
₹24.75 — your answer ✗
D
₹25.25
Current score
+1.00 correct · −0.25 wrong
72
✓ Pass zone · above 50
Completion47 / 100
NISM Series V-A · 100 questions · 2 hours · −0.25 negative marking · Pass mark 50/100Chapter-wise accuracy analytics after every testFull question review · See every wrong answer explainedScore trend dashboard · Know when you are ready₹799 full exam pack · No subscriptionNISM Series V-A · 100 questions · 2 hours · −0.25 negative marking · Pass mark 50/100Chapter-wise accuracy analytics after every testFull question review · See every wrong answer explainedScore trend dashboard · Know when you are ready₹799 full exam pack · No subscription
A note to you
"You already know the material. What you don't know yet is where you will lose marks on the day that matters."

The NISM V-A examination is not a test of memory. It is a test of precision under pressure. Candidates fail not because they don't know the answers — they fail because negative marking punishes the guess they took in Chapter 7, and they never knew Chapter 7 was their weak spot.

Passlane shows you, with data, where your marks go. Not in theory. From your own attempts, your own wrong answers, your own patterns.

Three free mock tests. No card required. Sit the first one today and you will know more about your exam readiness in two hours than from two more weeks of reading.

P
The Passlane Team
Built for NISM V-A aspirants across India
2,000+
Questions across all 10 NISM V-A chapters
Continuously updated
10
Chapters tracked individually for accuracy
Chapter-level data
₹799
Full exam pack. No renewals. No subscriptions.
Less than a re-exam fee
3
Free full-length tests — no card needed
Try before you pay
The honest truth

Why prepared candidates still fail

Three patterns we see repeatedly. Recognise yourself in any of them.

Without Passlane
Reading without testing
The AMFI workbook is 500+ pages. Reading it feels like preparation. Recognition is not recall under a 2-hour clock.
Guessing under pressure
−0.25 per wrong answer means 10 bad guesses cost 2.5 marks. Candidates who haven't practised negative marking always guess too much.
No chapter-level data
You revise what feels comfortable, not what is actually costing marks. Chapter 7 quietly bleeds points while you revise Chapter 2.
With Passlane
2,000 questions across all 10 chapters
Practice until the format is automatic. Full-length 100-question tests. The exam will feel familiar, not foreign.
Real negative marking on every test
You learn which questions are worth attempting and which to skip. You build that judgment here, not during the exam that counts.
Chapter accuracy after every attempt
An exact breakdown of your performance by chapter. Revise what your data tells you — not what your instinct tells you.
In their words

Students who sat where you are now

Real feedback from beta users before their NISM V-A exam.

✓ Cleared · 74 / 100

"I was convinced I knew the material. My first Passlane test was a shock — I scored 48. The chapter chart showed Chapter 7 was where I was bleeding. Two weeks of targeted revision later, I cleared at 74."

R
Rajan M.
Nagpur · First attempt
✓ Cleared · 61 / 100 (2nd attempt)

"I failed my first attempt before I found this platform. I didn't understand negative marking — I guessed on 18 questions. After 12 mock tests here, I stopped guessing entirely."

P
Priya S.
Surat · Career change from banking
✓ Cleared · 68 / 100 first attempt

"₹799 took me a moment to decide. Then I remembered the re-exam costs ₹600 and another month of delay. One pack saved me two re-attempts. I would have paid ₹1,499 in hindsight."

A
Amit K.
Jaipur · B.Com final year

Testimonials from beta users. Names published with permission.

The process

From signup to ARN

A clear four-step path to your mutual fund distributor certification.

01
Sign up, no card
Account in 30 seconds. Three full mock tests available immediately. No payment required to begin.
02
Sit a full test
100 questions. 2-hour countdown. Negative marking active. Real exam pressure — in a controlled environment.
03
Read your data
Chapter accuracy chart. Question-by-question review. Score trend. You will know exactly what to fix.
04
Clear exam → ARN
Pass NISM V-A. Register with AMFI. Receive your ARN. Begin distributing mutual funds and building trail income.
The platform

Everything a serious aspirant needs

Not a quiz app. A preparation system built around your exam data.

01/06
Full-length mock tests
100 questions per test. 2-hour timer. Scored exactly like the NISM exam with −0.25 negative marking throughout.
Core
02/06
Question-by-question review
After every test, examine every question. Your answer. The correct answer. A full explanation citing the AMFI concept.
Core
03/06
Chapter accuracy analytics
A bar chart of your accuracy across all 10 NISM V-A chapters after every attempt. Your weakest chapter is visible.
Core
04/06
Score trend over time
Every score plotted on a trend line. See your improvement. Know when you consistently clear 60+ before booking the real exam.
Core
05/06
Revision bookmarks
Save any question during review. Build a personal revision bank from your actual mistakes — not from a generic list.
Core
06/06
AI doubt solver
Ask any NISM V-A concept and receive a plain-English answer in seconds. A faculty member available at 2am before your exam.
Coming · Paid
The NISM V-A exam has negative marking. Every wrong answer costs 0.25 marks. Don't sit the real exam without practising under real conditions.Start practising free
Transparent pricing

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No subscriptions. No monthly renewals. Choose an exam pack or subscribe for all-access.

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Free includes
Paid adds
3 full-length mock tests
Unlimited mock tests
Score + pass/fail result
Question-by-question review
Chapter accuracy chart
Score trend dashboard
Question review locked
Pass probability tracker
Unlimited tests locked
Revision bookmarks
AI features locked
AI doubt solver (coming)
Future exams locked
All future exam modules
See all plans →

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Questions answered

Before you begin

Is this aligned with the official NISM V-A syllabus?+

Every question is built from the official NISM Series V-A syllabus and the AMFI workbook (latest edition). The exam format — 100 questions, 2-hour duration, −0.25 per wrong answer, 50/100 pass mark — is reproduced exactly.

What happens after my 3 free tests are used?+

You will see a prompt to upgrade. Visit the Store to choose an exam pack (₹799 one-time) or a subscription. Most candidates who see their chapter accuracy chart from the free tests upgrade within a day.

What is the difference between free and paid?+

Free gives you 3 full mock tests, your score, and chapter accuracy. Paid unlocks unlimited tests, full question-by-question review, score trend dashboard, pass probability tracker, bookmarks, and AI features when they launch.

Is the payment secure?+

Payment is processed by Razorpay — India's most trusted payment infrastructure. UPI, debit cards, credit cards, and NetBanking are accepted. Passlane never stores your card details.

Do you offer refunds?+

We provide 3 free mock tests specifically so you can assess quality before paying. Refunds are not offered post-purchase. If you find genuine value in the free tests, the paid tier is a straightforward decision.

Will other NISM series be added?+

Yes. NISM Series VII is live now. NISM Series X-A and IC-38 Insurance are on the roadmap. Paid users receive access to every new exam module.

Your ARN is
waiting for your score.

Begin free. Discover your weak chapters. Decide when you are ready.

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