NISM Series X-B case studies
NISM Series X-B · Put your knowledge to work in context.
NISM Series-X-B, the Investment Adviser (Level 2) Certification Examination, is one of the certification examinations listed by the National Institute of Securities Markets under its Investment Adviser category, alongside NISM-Series-X-A (Level 1) and NISM-Series-X-C (the renewal examination). NISM describes itself as a public trust established in 2006 by the Securities and Exchange Board of India (SEBI), the regulator of the securities markets in India, carrying out capacity building activities aimed at enhancing quality standards in securities markets. The NISM Series X-B case studies are 5 cases and about 2,379 words.
1The NFO Urgency and the Stale Risk Profile
A, 39, a salaried software professional, has ₹42 lakh invested across nine mutual fund schemes in a 60:40 equity-debt mix. His eight-year goal is his child's higher education.
502 words, about 3 min2The Aggressive Score on a Retirement Corpus
B, aged 68 and 65, retired, have ₹80 lakh of retirement savings, a monthly pension of ₹45,000 and household expenses of ₹65,000. They need about ₹20,000 per month from the corpus to meet the gap.
485 words, about 2 min3ESOP Concentration, Credit Card Debt and a Five-Year Home Goal
C, 29, earns ₹18 lakh a year and has ₹6 lakh in savings, ₹25 lakh in vested ESOPs of her listed employer and ₹50,000 in a savings account. Her ESOPs are about 40% of her net worth.
467 words, about 2 min4The Alpha Claim with Style Drift
A client holds a large-cap index fund and shows you a fact sheet for Bharat Growth Fund. Over three years, Bharat Growth's CAGR is 22.1% and the Nifty 500 TRI returned 18.4%.
450 words, about 2 min5The Adviser, the Spouse Distributor and the Cash Fee
D is a SEBI-registered individual investment adviser. He charges a client ₹60,000 a year as an advisory fee.
475 words, about 2 min