NISM Series V-A Mock Test
Practice with a full 100-question mock test that mirrors the real NISM Series V-A exam — complete with negative marking, timer and instant results.
Start free mock testAbout the NISM Series V-A exam
The NISM Series V-A certification is mandatory for anyone who wants to sell or distribute mutual funds in India.
The exam consists of 100 multiple choice questions to be answered in 2 hours. Each correct answer carries 1 mark and each wrong answer results in a deduction of 0.25 marks. The passing score is 50 out of 100.
The exam covers 7 chapters including mutual fund basics, fund structure, legal framework, offer documents, distribution channels, accounting and investor services.
What our mock test includes
100 questions
Full-length paper matching the real exam pattern
Negative marking
-0.25 per wrong answer, just like the actual test
2-hour timer
Practice under real exam time pressure
Instant results
Score, accuracy and pass/fail badge immediately
Chapter breakdown
See exactly which chapters need more work
AI explainer
Understand why each answer is correct
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