✦ The Almanac
NISM · SEBI-Mandated Certifications

Pass your NISM exam the first time

Selling mutual funds needs Series V-A; dealing equity derivatives needs Series VIII — and both certificates expire every 3 years. The exams run on-demand year-round, so the only question is whether you're ready when you book the slot. The Almanac covers the official workbook chapter by chapter, with every question explained and full-length mocks at the real pattern.

Start with the free chapters →First 2 chapters of each series free — no login needed to browse.
Series V-A — Mutual Fund Distributors12 chapters · 100Q/2h · 50% pass · no negative markingSeries VIII — Equity Derivatives10 chapters · 100Q/2h · 60% pass · 0.25 negative marking
Mapped 1:1 to the official curriculum
Every chapter mirrors a unit of the NISM workbook — nothing skipped, nothing extra. Regulatory figures are current and date-stamped, with regime changes labelled.
Every MCQ fully explained
Series VIII has negative marking — guessing costs you. Our explanations teach the reasoning, name the rule, and clear every wrong option.
The numericals, worked
NAV, taxation, futures pricing, option payoffs, margins — solved step by step with clean numbers, the way the exam actually asks them.
Full-length mocks at the real pattern
100-question, 2-hour mocks plus 50-question section mocks, with a readiness map tracking your weak chapters before you book your exam slot.
More series on the way: X-A/X-B (Investment Adviser) is next. Preparing for a series we don't cover yet? Tell us on chat after signing up — we build fast.