NISM X-A Investment Adviser Level 1 case studies
NISM X-A Investment Adviser Level 1 · Put your knowledge to work in context.
NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination is one of the certification examinations offered by the National Institute of Securities Markets (NISM), which lists it on its website under the "Investment Adviser" group of certifications alongside NISM Series-X-B: Investment Adviser (Level 2) and NISM-Series-X-C: Investment Adviser Certification (Renewal). 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 X-A Investment Adviser Level 1 case studies are 5 cases and about 4,838 words.
1The Retiree Whose Questionnaire Said 'Aggressive'
Meera, 62, is a retired school principal in Pune. Her investible corpus is Rs 72 lakh from gratuity, PF and savings.
987 words, about 5 min2The Adviser Who Also Earns Commissions
Arjun, 38, runs a SEBI-registered non-individual investment advisory firm with about Rs 85 crore of assets under advice across 230 mass-affluent clients. He charges most clients a flat Rs 40,000 a year.
964 words, about 5 min3The 14% Unrated NCD
Ramesh, 55, owns a small packaging business and has Rs 1.2 crore of surplus cash after selling a property. His daughter begins a two-year postgraduate programme abroad in 30 months, and he wants the fees (about Rs 45 lakh, in foreign currency) parked in something that pays a fixed 13-14% so that the money grows to cover the cost.
985 words, about 5 min4The Client Who Wants to Hand Over the Keys
Vikram, 45, is a senior manager at a listed pharmaceutical company and has a Rs 3.5 crore portfolio with a registered individual adviser, Nisha. In one meeting he makes three requests.
944 words, about 5 min5The Engineer Who Wants 60% Gold After Losing Money in F&O
Ankit, 29, is a software engineer in Bengaluru earning Rs 18 lakh a year. He has Rs 9 lakh of savings: Rs 3 lakh in a liquid fund, Rs 5.6 lakh in a savings account and Rs 40,000 in cash.
958 words, about 5 min