What is NISM? India's National Institute of Securities Markets
Everything you need to know about the National Institute of Securities Markets — the SEBI body behind India's mandatory finance certifications.
Key Facts About NISM
- Established
- 2006
- Regulator
- SEBI (Securities and Exchange Board of India)
- Location
- Patalganga, Maharashtra
- Certifications offered
- 26+ series
- Annual exam candidates
- 5 lakh+
Understanding NISM
The National Institute of Securities Markets (NISM) is a public trust established by the Securities and Exchange Board of India (SEBI) in 2006. NISM is headquartered at Patalganga, Maharashtra, and operates as an independent body under SEBI's aegis.
NISM's primary mission is to promote high standards of professional knowledge, values, and conduct in the securities markets. It achieves this through certification examinations, educational programs, and research initiatives.
All intermediaries registered with SEBI — including mutual fund distributors, research analysts, investment advisers, depository participants, and stock brokers — must employ persons who have passed the relevant NISM certification. This ensures minimum competence standards across India's financial ecosystem.
Prepare for NISM exams
PrepClever covers all 26 NISM certification series with adaptive quizzes and full-length mock tests.
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