NISM VA Mock Test: Free Practice for the Mutual Fund Distributor Exam
NISM Series V-A is the mutual fund distributor exam: 100 multiple-choice questions, 100 marks, 2 hours, 50% to pass and no negative marking. Take our free practice test to check your basics, then use full-length timed mocks until you score at least 60% consistently before booking the exam.
Take the free NISM V-A practice test
NISM VA Mock Test: all guides
A new guide is added to this category every day. The first one is being written; meanwhile start with the related guides below.
How to use mock tests
- Finish the official NISM workbook once before your first mock
- Take mocks under timed, exam-like conditions
- Review every wrong answer and note the chapter
- Re-read weak chapters, then test again
- Book the exam when you score 60% or more three times in a row
Topics that carry the most questions
- Scheme types and categories
- NAV, expenses, loads and taxation
- Legal structure and regulation
- Investor services and KYC
- Risk, return and scheme selection
Related articles: Mutual Fund Distributor
- How to Become a Mutual Fund Distributor in India: Step-by-Step
- Mutual Fund Distributor Commission Explained: How MFDs Earn
Related categories
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Frequently asked questions
Is there a free NISM VA mock test?
Yes. Our free practice test has original questions with instant answers and explanations. NISM's own portal also offers sample material.
Is NISM 5A the same as NISM VA?
Yes. Series V-A is written as VA, 5A or 5-A. It is the Mutual Fund Distributors certification exam.
How many mock tests should I take?
At least three to five full-length timed mocks after completing the workbook.