Everything You Need to Pass NISM
A complete prep companion for SEBI/NISM certification — questions, calculators, references, and pro utilities all in one place.
Practice Tests
13,000+ questions across all 31 NISM certification exams with detailed explanations and accurate negative marking.
Finance Calculators
20 interactive calculators — SIP, XIRR, bond YTM, option Greeks, LTCG/STCG and more.
Quick Reference
8 pocket reference guides covering taxation, derivatives, fixed income, and portfolio risk.
Pro Utilities
6 app-exclusive tools — KYC validator, ISIN decoder, NAV cut-off, settlement and trading holidays.
Study Guides
Per-exam study guides with key knowledge areas, weightages, and exam tips.
Mobile App
Study anywhere with our iOS app. Offline access, mock tests, and progress tracking with iCloud sync.
Popular NISM Certifications
The most-taken NISM certification exams. Each comes with a free practice quiz and a detailed study guide.
MF Distributors
Most popular NISM exam — for ARN-eligible MF distributors. Covers schemes, taxation, investor services, and SEBI MF regulations.
SORM (Series VII)
Most-taken exam after V-A — broker back-office, clearing, settlement, margin, and risk management for securities markets.
Equity Derivatives
Equity derivatives certification — futures, options, Greeks, strategies, and regulatory framework for equity F&O.
Investment Adviser L1
SEBI-RIA Level 1 — financial planning, products, taxation, and regulatory framework for registered investment advisers.
Research Analyst
SEBI Research Analyst certification — equity & debt analysis, valuation, fundamental & technical analysis.
Portfolio Managers
Comprehensive PMS Manager certification — equity & debt analysis, portfolio construction, performance, and SEBI compliance.
Finance Calculators Built for NISM
20 interactive calculators covering SIP/XIRR, capital gains tax, option Greeks, bond YTM and duration — every formula you'll see on the exam.
SIP Future Value
Project the future value of a Systematic Investment Plan with monthly contributions and assumed CAGR.
V-A · V-B · X-A · XVIILumpsum Growth
Calculate compounded growth of a one-time investment over your investment horizon.
V-A · V-B · X-A · X-BRule of 72
Estimate how long it takes for an investment to double at a given annual rate.
V-A · V-B · X-AGoal-based SIP
Calculate the monthly SIP required to reach a financial goal in a given period.
V-A · X-A · XVIIQuick Reference Guides
Pocket-sized formula sheets and SEBI-compliant tables for taxation, derivatives, fixed income, and portfolio risk. Study on the go.
Taxation
Capital gains tax (LTCG/STCG), indexation, exemptions under §54/54F/54EC, and personal income tax slabs for FY 2025-26.
Brokerage & Charges
STT, stamp duty, exchange fees, GST, and SEBI turnover charges across equity, derivatives, and commodity segments.
MF Categorization
SEBI scheme categorization rules, equity/debt/hybrid sub-categories, and asset allocation thresholds.
Investment Math
Compounding, SIP/lumpsum future value, XIRR, real vs nominal returns, and the Rule of 72.
Derivatives & Options
Black-Scholes pricing, option Greeks (Delta, Gamma, Theta, Vega, Rho), put-call parity, and futures margin.
Fixed Income
Bond pricing, YTM, duration, convexity, PV01, spot/forward/par rates, and credit spreads.
Portfolio & Risk
Sharpe and Sortino ratios, beta, alpha, R², standard deviation, and Modern Portfolio Theory metrics.
Insurance & KYC
Human Life Value (HLV), insurance premium components, and KYC-Aadhaar-PAN identification rules.
Pro Utilities (App-Exclusive)
6 day-to-day tools for securities-market professionals — KYC validation, ISIN decoding, NAV cut-off, T+1/T+2 settlement, and more.
Regulator Directory
Quick directory of every Indian financial-market regulator with one-tap links to SCORES, RBI portal, and IFSCA contacts.
KYC Validator
Validate PAN format, Aadhaar checksum (Verhoeff algorithm), and IFSC structure offline — no data leaves your device.
ISIN Decoder
Decode any 12-character ISIN — country code, security type, and check digit verification using the Luhn-N algorithm.
NAV Cut-Off
ProDetermine which NAV applies to your mutual fund transaction based on cut-off times, scheme type, and credit confirmation.
Settlement Cycle
ProCalculate exact T+1 / T+2 settlement dates accounting for weekends, NSE/BSE holidays, and segment-specific cycles.
Trading Holidays
ProUp-to-date trading holiday calendar across NSE, BSE, MCX, NCDEX, and IFSC NSE-IX with segment-wise detail.