- 10 Free Mock Tests | Year: 2024

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Mumbai
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Pune
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Gujarat
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Karnataka
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Mumbai
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Gujarat
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Delhi
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Delhi
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NISM Portfolio Managers Exam Pattern
- Exam Fees: ₹3000 + (may indicate taxes or additional fees)
- Test Duration: 2 hours
- Total Questions: 100 questions
- Maximum Marks: 100 marks
- Passing Marks: 60% (i.e., 60 marks)
- Negative Marking: –25% deduction for each incorrect answer
NISM Portfolio Managers Syllabus Outline
The exam covers the following units related to portfolio management:
- Introduction to Portfolio Management: Overview of portfolio management and the role of a portfolio manager.
- Types of Portfolio Management: Understanding discretionary, non-discretionary, and advisory portfolio management services.
- Investment Objectives and Constraints: Identifying client objectives, risk tolerance, time horizons, and investment constraints.
- Asset Classes and Their Characteristics: Overview of different asset classes, including equities, fixed income, derivatives, and alternative investments.
- Portfolio Construction: Methods for constructing an optimal portfolio, including asset allocation and diversification strategies.
- Risk and Return Analysis: Understanding the concepts of risk and return, including various risk measures (e.g., standard deviation, beta) and how to calculate returns.
- Portfolio Performance Evaluation: Techniques for evaluating portfolio performance using methods such as the Sharpe Ratio, Treynor Ratio, and Jensen’s Alpha.
- Investment Strategies and Styles: Exploration of active vs. passive management strategies, value vs. growth investing, and tactical vs. strategic asset allocation.
- Regulatory and Compliance Requirements for Portfolio Managers: Understanding SEBI regulations and compliance requirements related to portfolio management services.
- Taxation of Portfolio Investments: Overview of the tax implications for different investment instruments held in portfolios.
- Ethics and Professional Conduct: Code of ethics and professional conduct for portfolio managers, with a focus on fiduciary responsibilities.