Crack the NISM-Series-XIII Exam and Become a Certified SIF Distributor with Prof. Sheetal Kunder Academy

The distribution of Specialised Investment Funds (SIFs) has had a slow start. According to AMFI, only 284 distributors have registered for SIF licenses in the first two months. Out of these, 216 are individual MFDs, while corporates and private firms account for just 34 each. So why this lukewarm response? The main challenge is the mandatory NISM-Series-XIII: Common Derivatives Certification Examination, which many aspirants are finding tough to clear

Why is the exam a roadblock?

• SIFs are very different from mutual funds in structure, risk, and positioning.
• MFDs and MF company officials are still in the process of passing the exam.
• Many individual MFDs admit they are struggling with complex concepts.
• Corporate MFDs are adopting a wait-and-watch mode since EUIN registrations are not active for them yet.

Industry leaders believe that once SIF products are officially launched (expected by October–November), registrations will rise. But the key to success is clearing the exam on the very first attempt.

How Prof. Sheetal Kunder Academy Helps You Succeed

Mock Tests – Practice like the real exam and identify your weak areas.