Taxmann’s Portfolio Management Services (PMS) Distributors by NISM – Edition August 2021

Portfolio Management Services (PMS) Distributors seeks to create a common minimum knowledge benchmark. It aims at enhancing the quality distribution and related support services in PMS.

The Present Publication is the January 2021 workbook version, published exclusively by Taxmann for NISM Certification Examination XXI-A [Portfolio Management Services (PMS) Distributors], with the following noteworthy features:

• [Know the Basics] of investments, securities markets, investing in stocks, understanding fixed income securities, derivatives and mutual funds
• [Understand] the role of portfolio managers; operational aspects of portfolio management services and about the portfolio management process; performance measurement and evaluation of portfolio managers
• [Get Oriented] to the taxation aspects and regulatory, governance and ethical aspects of portfolio managers

The detailed contents of the book are as follows:

• Investments
• Introduction to Securities Markets
• Investing in Stocks
• Investing in Fixed Income Securities
• Derivatives
• Mutual Funds
• Role of Portfolio Managers
• Operational Aspects of Portfolio Managers
• Portfolio Management Services
• Performance Measurement and Evaluation of Portfolio Managers
• Taxation
• Regulatory, Governance and Ethical Aspects of Portfolio Managers

NISM is a leading provider of high-end professional education, certifications, training and research in financial markets. NISM Certification programs aim to enhance the quality and standards of professionals employees in various segments of financial services sector. NISM’s School of Certification of Intermediaries (SCI) develops and conducts certification examinations and Continuous Professional Education (CPE) programs that aim to ensure that professional meet the defined minimum common knowledge benchmark for various critical market functions like:

• Mutual Funds
• Equities
• Derivatives
• Securities Operations
• Compliance
• Research Analysis
• Investment Advice

These Certifications and CPE Programs are being developed and administered by NISM as mandated under ‘Securities and Exchange Board of India (Certification of Associated Persons in the Securities Market) Regulations, 2007’. The Certifications creates quality market professionals and catalyzes greater investor participating in the markets. Certifications also provides structured career paths to students and job aspirants in the securities market.