Taxmann’s Investment Adviser (Level 1) by NISM – Edition October 2021

This book aims to create a common minimum knowledge benchmark for all associated individual investment advisers or principal officers of a non-individual investment adviser and persons associated with investment advice under SEBI (Investment Advisers) Regulations, 2013 and offering investment advisory services.

This book covers all important topics to enhance the quality of investment advisory and related services in the financial services industry. It covers topics related to the following:

• [Know the Basics] of the following:
  • Personal Financial Planning
  • Time Value of Money
  • Evaluating Financial Position of Clients
  • Debt Management & Loans
• [Understand the Indian Markets] for Finance and Securities segments.
• [Get Oriented to Different Investment Products] such as:
  • Equity
  • Debt
  • Derivatives
  • Managed Portfolios such as mutual funds, portfolio management services and alternative investment funds
• [Knowledge] about the portfolio construction, performance monitoring and evaluation
• [Understand] about the operational aspects of investment management, key regulations, ethical issues of investment advisers and grievance redressal system

The Present Publication is the July 2021 workbook version, published exclusively by Taxmann for NISM Certification Examination X-A | Investment Adviser (Level 1), with the following contents:

• Personal Financial Planning
  • Introduction to Personal Financial Planning
  • Time Value of Money
  • Evaluating the Financial Position of Clients
  • Debt Management and Loans
• Indian Financial Markets
  • Introduction to the Indian Financial Markets
  • Securities Market Segments
• Investment Products
  • Introduction to Investment
  • Investing in Stocks
  • Investing in Fixed Income Securities
  • Understanding Derivatives
• Investment through Managed Portfolios
  • Mutual Funds
  • Portfolio Manager
  • Overview of Alternative Investment Funds (AIFs)
• Portfolio Construction, Performance Monitoring and Evaluation
  • Introduction to Modern Portfolio Theory
  • Portfolio Construction Process
  • Portfolio Performance Measurement and Evaluation
• Operations, Regulatory Environment, Compliance and Ethics
  • Operational Aspect of Investment Management
  • Key Regulations
  • Ethical Issues
  • Grievance Redressal Mechanism