NISM Series XXV-B: pattern, syllabus and full mock tests
The SEBI-mandated certification for sales and support staff at Investment Adviser firms who don't give the advice themselves.
- Full-length mocks on the exact NISM Series XXV-B pattern, not generic MCQ sets
- Practice on the real exam interface, negative marking included
- See your weak & strong areas by chapter after every mock
- A readiness score that tells you when you're actually ready to book the exam
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- Full-length mock tests
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NISM-Series-XXV-B certifies persons associated with investment advice, as defined under Regulation 2(r) of the SEBI (Investment Advisers) Regulations, 2013, who perform sales and other non-core service roles at a SEBI-registered Investment Adviser firm — distinct from Series X-A/X-B, which certify the registered adviser. Effective 1 June 2026 under a SEBI circular dated 24 June 2026.
Eligibility Criteria
schoolEducation
No strict educational bar published by NISM.
cakeAge Limit
No prescribed minimum age.
flagNationality
Sales, administrative and client-onboarding staff of SEBI-registered Investment Adviser (IA) firms in India.
Exam Pattern
An internet-based exam conducted in a remotely proctored environment: 50 MCQs (1 mark each) for 50 marks, in 60 minutes. The pass mark is 50% (25 marks) with no negative marking. The certificate is valid for 3 years, subject to furnishing a PAN at registration.
NISM Series XXV-B Certification Exam
Internet-based, remotely proctored60 min| Section | Questions | Marks |
|---|---|---|
| Investment advice sales & support: single paper | 50 | 50 |
Key Topics & Syllabus
Investment Advisory Framework
- check_circleSEBI (Investment Advisers) Regulations, 2013
- check_circleRole of an IA vs a distributor vs non-core sales/support staff
Conduct and Compliance
- check_circleSuitability and KYC
- check_circleClient record-keeping
- check_circleSEBI's investor complaints mechanism
Inside NISM Series XXV-B Premium
Full-length mock tests
50-question, 60-minute papers scored against the real 25/50 pass mark, exactly matching the remote-proctored exam format.
Chapter-wise question bank
Practice the investment advisory framework and conduct/compliance sections separately, on their own timelines.
AI study plan
Tells you which section to drill next based on where you're actually losing marks.
Every answer explained
A clear explanation on every question - learn the regulatory distinction, not just the answer key.
Career Roles & Salary
Client Relationship Associate, IA firm
₹4–9 LPA
Onboards and services clients of a SEBI-registered Investment Adviser without providing the advice itself.
Sales Executive, Investment Advisory
₹4–10 LPA
Sells and markets an IA firm's advisory services under the firm's registered adviser.
Full mock tests for NISM Series XXV-B
Everything above is free. When you're ready for unlimited full-length mocks, complete question banks and answer explanations, unlock NISM Series XXV-B Premium.
A failed attempt means a fresh ₹1,500 NISM fee, a new remote-proctored slot and a delayed compliance sign-off at your firm. Premium costs ₹499, once.
You save ₹300 today
- Full-length mock tests
- Chapter-wise question bank
- AI study plan
One payment, no subscription · Valid for 1 month
How to Prepare
Register on the NISM certification portal
Create an account at certifications.nism.ac.in with your PAN, email and mobile number.
Select the exam and pay the fee
Choose NISM-Series-XXV-B and pay the ₹1,500 registration fee (plus payment gateway charges) online.
Book your remote-proctored slot
Schedule the internet-based exam; no physical test centre visit is required.
Take the exam
50 questions, 60 minutes, no negative marking. Score at least 25/50 (50%) to pass.
Important Dates (Tentative)
| Event | Expected Date |
|---|---|
| SEBI circular | 24 June 2026 |
| Exam effective from | 1 June 2026 |
| Certificate validity | 3 years from passing |
* Dates are indicative based on historical patterns. Check the official website for confirmed dates.
Prepare for NISM Series XXV-B the smarter way
Free mock tests, chapter-wise practice questions and a personalized study plan, built around the latest NISM Series XXV-B pattern.
NISM Series XXV-B FAQ
Who needs NISM Series XXV-B?
Persons associated with investment advice under Regulation 2(r) of the SEBI (Investment Advisers) Regulations, 2013 — sales, administrative and client-onboarding staff at a SEBI-registered Investment Adviser firm who are not themselves the registered adviser.
How is XXV-B different from Series X-A / X-B?
Series X-A and X-B certify the registered Investment Adviser who actually gives advice. XXV-B certifies the firm's sales and non-core support staff, who do not give advice themselves.
Is there negative marking?
No. The 50-question, 60-minute exam has no negative marking.
What is the exam fee?
₹1,500 plus applicable payment gateway charges.
When did this exam launch?
NISM Series XXV-B is effective from 1 June 2026, under a SEBI circular dated 24 June 2026.
Ready to crack NISM Series XXV-B?
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