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NISM Series V-D / SIF distributor certification
Master the NISM Series V-D certification.
Your complete preparation hub for the Mutual Fund – Specialized Investment Fund Distributors Certification Examination: syllabus, classes, study material and mocks in one path.
Free preview · Mutual Funds
Test your mutual fund knowledge.
Answer six quick questions, get instant feedback, and sample the style of our full mock papers.
NISM book
Study resourceNISM Series XV-D Exam Book
Open the NISM study book for exam preparation, structured reading and revision alongside your Academy lessons and mock tests.
What you need to know
A syllabus built around three exam modules.
See the breadth of the exam before selecting your preparation route—then work through the chapters in a connected sequence.
Chapters 1-12
Mutual Funds
Investor needs, mutual fund structure, regulation, distribution, transactions, tax, performance and scheme selection.
68 questions in the exam
Chapters 13-17
Equity Derivatives
Derivative foundations, indices, futures, options and equity hedging, trading and arbitrage strategies.
52 questions in the exam
Chapters 18-22
Interest Rates
Fixed-income mathematics, IRD products, exchange-traded futures and options, hedging and arbitrage.
30 questions in the exam
Why SIFPrime Academy
Built by SIF specialists. Focused on exam readiness.
Preparation combines syllabus coverage with the practical context distributors need as Specialized Investment Funds enter the market.
- Structured V-D syllabus and chapter sequence
- Study material, practice and full-length mocks in one place
- Live online and city-based classroom options
- Training support for teams, branches and professional groups
How we compareSIFPrimeGeneric prep
SIF and distributor contextIncludedVaries
Chapter-level learning pathIncludedVaries
Online and offline supportAvailableRare
Mock-test preparationIncludedVaries
Choose your learning path
Prepare in the format that fits your work.
Learn at your pace
Self-paced course
Structured chapter notes, concept cards and practice across all 22 chapters.
Start studyingLearn with a cohort
Online live classes
Instructor-led NISM V-D preparation for distributor teams across India.
See online classesBring it to your city
Offline classes
Focused classroom training for branches, communities and MFD groups.
Plan city trainingEverything you need to prepare
Study, practise, then test yourself.
22 chapter guide
A mapped path through the full syllabus.
Practice sets
Chapter-level question practice and revision.
Mock exams
Full-length papers with official module weightage.
Study notes
Concept-focused notes for quick review.
Preparation plan
A clear sequence from syllabus to mock test.
Training support
Get help choosing a class or organising a session.
1,000+
professionals trained
300+
distributors trained online
110+
average score
100+
first-attempt passes
What participants said
Feedback from our training programmes.
Feedback from IDFC FIRST Bank, Bengaluru, Hyderabad and Rajahmundry participants, edited only for length and privacy.
IDFC FIRST Bank · Overall programme rating 4.7 / 5
“The local-language presentation made the preparation easier to follow. People left happy and ready to prepare for the exam.”
Rajahmundry classroom participant
“Very knowledgeable session”
IDFC FIRST Bank participant
“The session was a source of motivation and confidence. Explaining the concepts in our local language made them easy to understand and remember.”
Rajahmundry classroom participant
“Highly engaging and interactive learning experience”
IDFC FIRST Bank participant takeaway
“I successfully cleared my NISM Series V-D exam with 80% marks. The training and encouragement gave me the confidence to move forward.”
Rajahmundry training participant · 80% score
“Excellent explanation with proper examples”
IDFC FIRST Bank participant
“Complex concepts were simplified through practical examples.”
IDFC FIRST Bank participant takeaway
“The session was superb and very well explained. The way the concepts were broken down made them easy to understand and gave me a lot of confidence.”
Confidence to prepare for the exam
“Every aspect was covered and explained in detail”
IDFC FIRST Bank participant
“The programme strongly enhanced certification and product knowledge.”
IDFC FIRST Bank participant takeaway
“The session made the big jargon simple. I registered for my exam straight after the training.”
Bengaluru classroom participant
“The key exam-focused chapters were covered in a well-structured way.”
IDFC FIRST Bank participant takeaway
“The practical examples made the concepts clear and memorable. The study material showed a genuine effort to help us clear the exam.”
Bengaluru classroom participant
“Worth spending time for this training”
IDFC FIRST Bank participant
“The content was informative, insightful and relevant to the real world.”
IDFC FIRST Bank participant takeaway
“After the session, I had the confidence to move my exam forward. The training gave me a clearer path to prepare.”
Bengaluru classroom participant
“Participants appreciated the subject-matter expertise and clarity.”
IDFC FIRST Bank participant takeaway
“I passed my SIF exam. Thank you for the guidance and motivation.”
Bengaluru training participant
“A meaningful initiative for upskilling and certification readiness.”
IDFC FIRST Bank participant takeaway
“The SIFPrime material and mock tests are very useful.”
Bengaluru training participant
“Participants considered the session a productive investment of their time.”
IDFC FIRST Bank participant takeaway
“Cleared the SIF exam with 77%. Thank you so much Kiran ji for your wonderful training support and Srikant Matrubai ji for your motivation.”
Bengaluru training participant · 77% score
“I have cleared the NISM Series V-D. Thanks to Kiran ji for the support.”
Hyderabad training participant
“I am happy to inform you that I successfully completed Series V-D today within two hours. Thanks to Kiran ji and his team.”
Hyderabad training participant
“Happy to share that I cleared NISM Series V-D with 77%. My humble gratitude to Kiran, Srikanth Matrubai and ICICI AMC—the session helped greatly in understanding concepts and clearing doubts.”
Bengaluru training participant · 77% score
“Kiran Dutta Sir, you were brilliant in simplifying the concepts, and I think that was the game-changer. Trainers often vanish once training is done, but you were there—and you are still here—motivating us day in and day out. Thank you, dil se.”
Bengaluru training participant
“A big thank you to Srikanth Matrubai Sir and Kiran Dutta. The session was very helpful, and I immediately decided to appear for the exam. The resources and mock tests on SIFPrime helped me clear NISM Series V-D with a good percentage.”
Bengaluru training participant
“The session, resources and SIFPrime mock tests nudged me to bring my exam forward from September to August—and I am glad I took that call. Grateful to Srikanth Matrubai Sir and Kiran Dutta for the support and motivation.”
Bengaluru training participant
“Happy to share that I cleared the SIF Series V-D exam and am just coming out of the exam hall. Thank you, Kiran Dutta, for the offline training and online platform—they truly helped. I also thank our mentor Srikanth Matrubai Sir for organising the training.”
Bengaluru training participant
“Cleared the SIF examination today! Thanks to Kiran Da and the entire SIFPrime team for all their valuable inputs and support.”
Online training participant
“Happy and grateful to have successfully cleared the NISM Series V-D examination. Heartfelt thanks to Kiran Da for his consistent guidance, encouragement and support, which built our confidence throughout the preparation. Special thanks to the group admin for creating this wonderful learning community.”
Online training participant
“The local-language presentation made the preparation easier to follow. People left happy and ready to prepare for the exam.”
Rajahmundry classroom participant
“Very knowledgeable session”
IDFC FIRST Bank participant
“The session was a source of motivation and confidence. Explaining the concepts in our local language made them easy to understand and remember.”
Rajahmundry classroom participant
“Highly engaging and interactive learning experience”
IDFC FIRST Bank participant takeaway
“I successfully cleared my NISM Series V-D exam with 80% marks. The training and encouragement gave me the confidence to move forward.”
Rajahmundry training participant · 80% score
“Excellent explanation with proper examples”
IDFC FIRST Bank participant
“Complex concepts were simplified through practical examples.”
IDFC FIRST Bank participant takeaway
“The session was superb and very well explained. The way the concepts were broken down made them easy to understand and gave me a lot of confidence.”
Confidence to prepare for the exam
“Every aspect was covered and explained in detail”
IDFC FIRST Bank participant
“The programme strongly enhanced certification and product knowledge.”
IDFC FIRST Bank participant takeaway
“The session made the big jargon simple. I registered for my exam straight after the training.”
Bengaluru classroom participant
“The key exam-focused chapters were covered in a well-structured way.”
IDFC FIRST Bank participant takeaway
“The practical examples made the concepts clear and memorable. The study material showed a genuine effort to help us clear the exam.”
Bengaluru classroom participant
“Worth spending time for this training”
IDFC FIRST Bank participant
“The content was informative, insightful and relevant to the real world.”
IDFC FIRST Bank participant takeaway
“After the session, I had the confidence to move my exam forward. The training gave me a clearer path to prepare.”
Bengaluru classroom participant
“Participants appreciated the subject-matter expertise and clarity.”
IDFC FIRST Bank participant takeaway
“I passed my SIF exam. Thank you for the guidance and motivation.”
Bengaluru training participant
“A meaningful initiative for upskilling and certification readiness.”
IDFC FIRST Bank participant takeaway
“The SIFPrime material and mock tests are very useful.”
Bengaluru training participant
“Participants considered the session a productive investment of their time.”
IDFC FIRST Bank participant takeaway
“Cleared the SIF exam with 77%. Thank you so much Kiran ji for your wonderful training support and Srikant Matrubai ji for your motivation.”
Bengaluru training participant · 77% score
“I have cleared the NISM Series V-D. Thanks to Kiran ji for the support.”
Hyderabad training participant
“I am happy to inform you that I successfully completed Series V-D today within two hours. Thanks to Kiran ji and his team.”
Hyderabad training participant
“Happy to share that I cleared NISM Series V-D with 77%. My humble gratitude to Kiran, Srikanth Matrubai and ICICI AMC—the session helped greatly in understanding concepts and clearing doubts.”
Bengaluru training participant · 77% score
“Kiran Dutta Sir, you were brilliant in simplifying the concepts, and I think that was the game-changer. Trainers often vanish once training is done, but you were there—and you are still here—motivating us day in and day out. Thank you, dil se.”
Bengaluru training participant
“A big thank you to Srikanth Matrubai Sir and Kiran Dutta. The session was very helpful, and I immediately decided to appear for the exam. The resources and mock tests on SIFPrime helped me clear NISM Series V-D with a good percentage.”
Bengaluru training participant
“The session, resources and SIFPrime mock tests nudged me to bring my exam forward from September to August—and I am glad I took that call. Grateful to Srikanth Matrubai Sir and Kiran Dutta for the support and motivation.”
Bengaluru training participant
“Happy to share that I cleared the SIF Series V-D exam and am just coming out of the exam hall. Thank you, Kiran Dutta, for the offline training and online platform—they truly helped. I also thank our mentor Srikanth Matrubai Sir for organising the training.”
Bengaluru training participant
“Cleared the SIF examination today! Thanks to Kiran Da and the entire SIFPrime team for all their valuable inputs and support.”
Online training participant
“Happy and grateful to have successfully cleared the NISM Series V-D examination. Heartfelt thanks to Kiran Da for his consistent guidance, encouragement and support, which built our confidence throughout the preparation. Special thanks to the group admin for creating this wonderful learning community.”
Online training participant
Participant names and phone numbers are withheld for privacy.
Frequently asked questions
Answers before you start.
Is NISM Series V-D different from NISM Series XIII?+
Yes. Series V-D is the Mutual Fund - Specialized Investment Fund Distributors Certification Examination. It has its own syllabus, chapter coverage and examination requirements.
How many questions are in the exam?+
The exam has 150 questions and a duration of 180 minutes.
Can I clear NISM V-D in one attempt?+
The Academy is designed to help you prepare systematically with chapters, practice and mock exams. Results always depend on each learner's preparation and exam performance.
Which study option is right for me?+
Choose self-paced material if you want flexibility, a live online class for cohort-led learning, or request an offline session for your branch, city or distributor group.
Market insight and strategy
Learn the exam. Keep up with the SIF market.
Start with one clear study plan.
Choose a learning path, work chapter by chapter, and move into mock tests when you are ready.