NISM Series II-B (RTA Mutual Fund) case studies
NISM Series II-B (RTA Mutual Fund) · Put your knowledge to work in context.
The NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents – Mutual Fund Certification Examination is a NISM certification examination listed under the "Registrar & Transfer Agents" group of NISM Certifications, alongside NISM-Series-II-A (the Corporate variant). NISM itself is a public trust established in 2006 by the Securities and Exchange Board of India (SEBI), the regulator of the securities markets in India. The NISM Series II-B (RTA Mutual Fund) case studies are 5 cases and about 4,420 words.
1Three Applications, One Deadline: Cut-off, Realisation and a Bad Timestamp
On 28 March, the last business day of the financial year, three applications reach an RTA's official point of acceptance within forty minutes. (i) A private limited company applies to purchase units of a liquid scheme for Rs 60,00,000, handing over a cheque drawn on another bank; the form is time-stamped 2:55 p.m.
926 words, about 5 min2An ELSS Redemption Request That Reaches Across the Lock-in
R holds an ELSS folio with a fund house and has never redeemed. Her transactions are: a monthly SIP of Rs 5,000 begun on 5 January 2022 and still running; a lump sum of Rs 1,00,000 invested on 10 March 2022; and a switch-in of Rs 50,000 from a liquid scheme executed on 20 July 2023.
839 words, about 4 min3A Nominee, a Survivor and a Frozen SIP Account
Nair held 42,000 units of a balanced advantage scheme, worth about Rs 9.1 lakh, in a joint folio opened in 2011 with the holding mode recorded as 'either or survivor'. A nomination in favour of Mr.
896 words, about 4 min4Karta Change, an Inoperative PAN and a Texas Phone Number
An HUF folio (PAN AAHXX1234A) opened in 2016 holds units worth about Rs 22 lakh and runs a monthly SIP of Rs 25,000 debited from the HUF's bank account. Iyer, died in November 2024.
890 words, about 4 min5A 0.35% NAV Error, 214 SIPs and a SCORES Complaint
On 12 February a debt scheme's unit was valued at Rs 11.4523. On 14 February, during a routine valuation review, the AMC discovered that a bond downgraded from AA to A on 10 February had continued to be valued on the earlier yield curve.
869 words, about 4 min