NISM Mutual Funds have created a new space in financial asset class. No doubt it was available to investors for long back. But recent public awareness campaign of ‘Mutual Fund sahi hai’ has taken retail investors to give a thought about this investment avenue.
June 2019 witnessed 61st consecutive month8 witnessing rise in number of folios. AUM (Assets Under Management) have grown 4 fold from 2009 to 2019*. Total AUM in Mutual Fund Industry is Rs.24.25 trillion* (Rs24,25,000 crores) as on 30th June 2019. These facts prove in itself that NISM Mutual Fund has become an important financial asset which a financial advisor or an investor cannot ignore.
OUTCOME OF THE PROGRAM
On successful completion of the course the candidate should:
- Know the basics of mutual funds, their role and structure, different kinds of mutual fund schemes and their features
- Understand how mutual funds are distributed in the market-place, how schemes are to be evaluated, and how suitable products and services can be recommended to investors and prospective investors in the market.
- Get oriented to the legalities, accounting, valuation and taxation aspects underlying mutual funds and their distribution.
- Get acquainted with financial planning as an approach to investing in mutual funds, as an aid for Mutual Fund distributors to develop long term relationships with their clients.