This is a full-length, 100-question timed mock exam — the questions themselves stay hidden until you start, so your attempt is a genuine cold test, the same way the real NISM-Series-V-A exam works. Here's exactly how those 100 questions are distributed, matching the syllabus weightage unit for unit:
| Unit | Topic | Questions in this mock test |
|---|---|---|
| 1 | Investment Landscape | 8 |
| 2 | Concept & Role of a Mutual Fund | 6 |
| 3 | Legal Structure of Mutual Funds | 4 |
| 4 | Legal and Regulatory Framework | 10 |
| 5 | Scheme Related Information | 10 |
| 6 | Fund Distribution & Channel Management | 6 |
| 7 | NAV, TER and Pricing of Units | 8 |
| 8 | Taxation | 4 |
| 9 | Investor Services | 15 |
| 10 | Risk, Return and Performance | 7 |
| 11 | Mutual Fund Scheme Performance | 7 |
| 12 | Mutual Fund Scheme Selection | 15 |
A small preview of the question style and difficulty — these three are not part of the 100-question exam above, so trying the real mock test afterward stays a fair, cold attempt.
Sample question (Concept & Role of a Mutual Fund): A Fund of Funds scheme must invest a minimum of what percentage of assets in its underlying fund(s)?
Sample question (Investor Services): What is the maximum number of nominees an investor can register for a single mutual fund folio?
Sample question (Mutual Fund Scheme Selection): In a core-and-satellite portfolio approach, which of these typically belongs in the "core"?