Portfolio Management : overview
Portfolio management in NISM and NCFM involves the strategic allocation of assets to achieve specific financial goals. Professionals in these fields use various techniques to optimize returns while managing risks effectively. By diversifying investments across different asset classes, sectors, and regions, portfolio managers aim to minimize volatility and maximize returns for their clients. Additionally, they continuously monitor market trends, economic indicators, and company performance to make informed decisions about buying, selling, or holding investments within the portfolio. Overall, portfolio management in NISM and NCFM requires a deep understanding of financial markets and a disciplined approach to investment decision-making.
NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination
Portfolio Management Services (PMS) Distributors Certification Examination : Overview
The examination seeks to create a common minimum knowledge benchmark for distributors of PMS. The certification aims to enhance the quality distribution and related support services in the PMS.
NISM has notified NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination vide NISM communiqué NISM/Certification/Series-XXI-A: PMS/2021/01 dated February 16, 2021.
Examination Objectives
On successful completion of the Portfolio Management Services (PMS) Distributors certification examination, the candidate should:
Know the basics of investments, securities markets, investing in stocks, understanding fixed income securities, derivatives and mutual funds.
Understand the role of portfolio managers, operational aspects of portfolio management services and about the portfolio management process, performance measurement and evaluation of portfolio managers.
Get oriented to the taxation aspects and regulatory, governance and ethical aspects of portfolio managers and PMS distributors.
The NISM-Series-XXI-B: Portfolio Managers Certification Examination
The NISM-Series-XXI-B: Portfolio Managers Certification Examination
create a common minimum knowledge benchmark for principal officers and other employees of the Portfolio Management Services (PMS) firms. The exam aims to enhance the quality of Portfolio Management Services.
NISM has notified NISM-Series-XXI-B: Portfolio Managers Certification Examination vide NISM communiqué NISM/Certification/Series-XXI-B: Portfolio Managers Certification Examination/2021/01 dated June 15, 2021
Examination Objectives
On successful completion of the examination, the candidate should:
Know the basics of investments, securities markets, investing in stocks, understanding fixed income securities, derivatives and mutual funds.
Know about indices, concept of information efficiency, behavioural finance, modern portfolio theory, equity and fixed income portfolio management strategies.
Understand the role of portfolio managers, operational aspects of portfolio management services and about the portfolio management process, performance measurement and evaluation of portfolio managers.
Get oriented to the taxation aspects and regulatory, governance and ethical aspects of portfolio managers.
