Portfolio Management Services Distributors NISM Series XXI A

Portfolio Management Services (PMS) Distributors – NISM Series XXI-A Certification Course

In the dynamic environment of wealth management, Portfolio Management Services (PMS) have become one of the most popular and sought after investment options for High Net-Worth Individuals (HNIs). As the demand for customized investment solutions increases, so does the need for certified and knowledgeable distributors. The NISM Series XXI-A Certification is a compulsory qualification prescribed by the market regulator SEBI for distributors of PMS products.

This course is designed as an entire course, as a complete video-based training course, covering regulatory compliance, ethical conduct, operational knowledge, and client servicing in PMS distribution. Whether you are a newcomer to the field, or a seasoned professional, this course will provide the knowledge, skills and shortly will build and enhance your confidence, competence and credibility, to engage in PMS distribution.

Why Take This Course?

This course is not just an exam-prepping experience; it is a formal program that is intended to help you be successful in your role as a PMS distributor. The content will enhance your theoretical and practical knowledge to help you:

• Recognize how PMS differs from mutual funds and other financial products
• Learn how to meet SEBI's regulatory requirements
• Learn how to client engagements, document your dealings, and disclose necessary information
• to emphasize good values and upholding professionalism
• Build investor confidence and loyalty to you and your advisory business 

What You Will Learn ?

The program provides full coverage of NISM Series XXI-A syllabus in one organized chapter. All subjects are covered thoroughly and in-depth via quality video lessons, and you can experience all of this learning at your own pace.

Topics:

• Overview of PMS and structure
• Types of PMS - Discretionary, Non-Discretionary, and Advisory
• Regulatory (legal) framework and SEBI (Portfolio Managers) Regulations, 2020
• Responsibilities of PMS distributors and conduct
• Documentation and compliance
• Risk and suitability of clients
• Fees and performance
• Client onboarding and communications
• Redressal and investor protection
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Distribution Ethics

Given that PMS distribution involves both significant large-dollar client investments and sensitive client relationships, we place special emphasis on ethics and professionalism in this course. You will learn to:

• Recognize and manage conflicts of interest
• Present PMS products with full disclosure
• Honor the investor's suitability and risk tolerance
• Communicate risk levels truthfully and transparently
• Develop trust-based relationships over time with investors
• Ethics are not merely regulatory obligations, ethics is the currency of trust that clients provide to their professionals; it is the by-product of competence and trustworthiness that can lead to ongoing success.

Useful Skills for Real-World Distribution

• How to approach HNI clients
• Evaluating client profiles for suitability for PMS
• Communicating on fees and mandates
• Comparing PMS against financial instruments
• Relationship and follow-up work after and outside the sale
• Leveraging tech and digital onboarding and reporting
• Each of these video lessons has additional in-depth examples, and scenarios, and all-important sales techniques to support you in building a business with confidence.

What you will get ?

Videos - Yes Pre-recorded chapter vise videos ( approx 8 hours)

Language - HINDI

Book - Yes (Ebooks in pdf format only in english)

Mock Test - Yes (online mock test with approx 100 question answers) 

Certification - Dual certification (Certification from NIFM and preparation for NISM Series XXI-A exam)

Faculty: Mr. Ram Kumar Gupta (Sr. Faculty) (having experience of more than 15 years in financial market education)

Assessment Structure for NISM Series XXI-A Portfolio Management Services (PMS) Distributors Certification Exam:

Duration of the Exam: 120 minutes

No. of questions: 100

Total Marks: 100

Marks per question: 1

Passing score: 60%

Negative Marking: 25%

Certificate Validity: 3 years

Do you have any Queries regarding NISM Examination? Here you can speak to our experts - +91 8588868475

Recommended NISM Series Certified Courses

Here are the lists of courses you can also enroll for:

-    NISM Series X-A: Investment Adviser (Level 1) Certification Examination

-    Mock test for Investment Adviser Level 2 NISM Series X-B Certification

-    Research Analyst SEBI NISM Series XV Certification Course

-    Equity Derivative NISM Series VIII SEBI Certification course

 The Portfolio Management Services (PMS) Distributors - NISM Series XXI-A Certification Course is a dedicated course for in-depth understanding of the PMS distribution space in India. As mandated by the Securities and Exchange Board of India (SEBI), landing an approval certificate in the NISM Series XXI-A examination is a prerequisite for all persons in respect of wholesaling/originating the PMS product. This course is designed to cater to that need.

The study is done in one complete chapter delivered through interactive video lessons. Everything necessary to a full understanding of PMS, from structure and the mechanics of operation, to compliance with regulators and ethical implementation of brokers is considered. In addition, the course academic study meets an experiential test on the weakness in theory to real-world dimension as applied in PMS distribution.

The course will start with an overview of Portfolio Management Services, what they are, how they are different from other investment products, such as mutual funds, and why are preferred by High Net-Worth Individuals (HNIs). After that you will cover and understand the three types of PMS structures: Discretionary, Non-Discretionary, and Advisory, and how to distinguish between which model is most appropriate for which client profile.

A key element of the course is its comprehensive analysis of the SEBI (Portfolio Managers) Regulations, 2020, which covers eligibility, obligations, and compliance responsibilities as a PMS distributor. This includes references to the code of conduct, documentation requirements; the checks that need to be carried out to assess client suitability; the disclosure rules; and a grievance redressal system which must be at the heart of all ethical and legal PMS practices.

Computer, Laptop, ipad, tab or mobile phone required with broadband or 4G internet.