NISM Series XXI-A: Portfolio Management Services (PMS) (Official NISM Series XXI-A)
Official NISM Series XXI-A exam preparation module for NISM Series XXI-A: Portfolio Management Services (PMS). Contains 14 structured practice tests with 1050+ real-feel questions, complete with explanations, syllabus coverage, and passing benchmarks.
- Certification Code: NISM Series XXI-A
- Governing Body: SEBI (Mandated under SEBI Circular SEBI/HO/IMD/DF1/CIR/P/2021/15)
- Exam Pattern: 80 Multiple Choice Questions, 120 Minutes duration
- Passing Score: 60% benchmark score to pass
- Negative Marking: 25% (0.25 marks deducted per wrong answer)
- Certificate Validity: 3 Years (Renewable via CPE)
- Total Practice Questions: 1050+ real-exam format questions
- Official Examination Fee: ₹1,500 + GST
Syllabus and Curriculum Modules
- Introduction to PMS & Investment Landscape
- Regulatory Framework of PMS
- Types of PMS & Investment Approaches
- Performance Measurement & High Water Mark
- Taxation & Operational Compliances
NISM Series XXI-A: Portfolio Management Services (PMS)
NISM Series XXI-A certification — Portfolio Management exam preparation
Avg. Salary
₹4.5 LPA
Qualification
10+2
Test Questions
80 Qs
Duration
120 Mins
Passing Score
60%
Cert. Validity
3 Years
Official Regulatory Mandate
Mandatory qualification for any person or distributor distributing Portfolio Management Services (PMS) schemes to investors in India.
About the Course & Exam
Official NISM Series XXI-A exam preparation module for NISM Series XXI-A: Portfolio Management Services (PMS). Contains 14 structured practice tests with 1050+ real-feel questions, complete with explanations, syllabus coverage, and passing benchmarks.
What You Will Achieve
Professional Certification
SEBI Certified PMS Distributor
Mandatory regulatory compliance to solicit and distribute PMS strategies (Discretionary, Non-Discretionary & Advisory).
Core Practical Competencies
- PMS product structures & minimum ₹50 Lakh ticket regulatory rules
- Discretionary vs Non-Discretionary vs Advisory PMS operations
- Fee structures: Fixed Management Fee, Performance Fee & High-Water Mark
Choose Your Practice Package
Instant Online Access • Real Exam Simulator10 Days Access
- 10 Days Full Online Access
- 5 Chapter-Wise Practice Sets
- 1 Full Real-Feel Mock Exam
- Instant Scoring & Detailed Explanations
- Mobile & Desktop Friendly
30 Days Access
- 30 Days Full Online Access
- All Chapter Practice Sets (500+ Qs)
- All Full Real-Feel Mock Exams (Timed)
- Last-Day Revision Test Modules
- Chapter-Wise Accuracy & Performance Analytics
- Instant Scoring with Official Explanations
60 Days Access
- 60 Days Extended Full Online Access
- Complete Question Bank Access (1,000+ Qs)
- All Independent Real-Feel Mock Papers
- All Chapter Practice Sets & Revision Tests
- 3 Attempts per Test Paper Included
- Latest 2025 Syllabus Updates Included
- Priority Email & WhatsApp Support
Official NISM Examination Workbook & Study Notes
Published by NISM for candidates. Read the full syllabus textbook online or download free in PDF.
NISM Series XXI-A: Portfolio Management Services (PMS) Distributors Workbook
Official curriculum for PMS distributors covering portfolio mandates, high-net-worth client onboarding, performance benchmarking (TWRR vs IRR), and regulatory disclosures.
Looking for other Series Workbooks?
Access official PDFs for Currency, Derivatives, Advisory, Compliance, and Research Analyst exams.
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