NISM Series V-A (Mutual Fund Distributor) requires 50% in a 100-mark, 100-MCQ exam across 12 chapters, with no negative marking — BullWiser's free mock test scores it the same way. Practice with 2000+ chapter-wise questions, free mock tests, and condensed notes (₹199) — no signup needed to study.
A question bank and a score tell you where you stand. BullWiser also tells you what to study next. These features come with a free account.
Every mock you take is saved to your free account. An exam-readiness gauge shows your best score and how close you are to the pass mark for NISM Series V-A.
After each mock, every chapter is marked weak (below 60%), watch (60–74%) or strong (75%+), so you know exactly where marks are leaking.
The dashboard names the one chapter worth fixing next, so you revise where it matters instead of re-reading the whole workbook.
Average seconds per question plus your fastest and slowest areas, so you see where time is lost, not just marks.
Every attempt with date, score and pass/fail in one place, across all six NISM series under a single login.
Learn the syllabus, take a cold mock, fix the priority chapter, watch your pace, then re-test: a simple plan that works for any series.
Timed full-length mocks with NISM-accurate marking, including negative marking where the exam has it.
Every chapter page has free sample questions with explanations, and key chapters now carry exam-focused study notes in plain English.
Solved numerical questions and formula sheets for the calculation-heavy chapters.
Daily, weekly and all-time top scorers, a little healthy competition while you prepare.
Buy a mock pack, clear the real NISM exam, and claim ₹199 to your UPI. Conditions apply.
Passed mock attempts come with a certificate that anyone can check on BullWiser's verify page.
Yes, if you have a commerce/finance background and your first diagnostic mock scores 55%+. Starting from zero, 3–4 weeks is realistic.
2–3 focused hours daily for 15 days is the standard path. Quality beats duration: chapter-targeted study after a diagnostic mock outperforms cover-to-cover reading.
Whatever your first mock says is weakest — prioritising the high-weight chapters: Investor Services (15%), Scheme Selection (15%), Regulatory Framework (10%), Scheme Information (10%).
It depends on your background, but Legal and Regulatory Framework (Chapter 4) has rule-heavy questions with look-alike options, and Investor Services (Chapter 9) combines operational detail with the highest weightage.
By marks: Chapter 9 and Chapter 12 (15 each), then Chapter 4 and Chapter 5 (10 each). Together they are half the paper. Drill them with chapter-wise questions until you consistently score 75%+ in each, then use the weightage table to plan the rest.
Take a full-length mock. BullWiser scores you chapter by chapter, so you revise from data rather than feel. The V-A free mock needs no login.
Full 120-minute mock with all 12 chapters and NISM-accurate scoring.
Start Full Mock Exam ▶The passing score is 50 out of 100 marks (50%). The exam has 100 multiple-choice questions worth 1 mark each, and the official NISM exam itself has no negative marking.
No — neither the real NISM exam nor BullWiser's free mock test has negative marking. Wrong answers score zero, just like the actual exam, so there's no penalty for attempting every question.
₹1,500 plus payment gateway charges, per NISM's fee table, paid to NISM when you enrol. There's no discount for repeat attempts, and NISM revises fees from time to time — confirm the current amount before paying.
NISM's FAQs don't publish a limit on attempts — if you fail, you can enrol again and retake it. Each attempt needs a fresh enrolment and the full fee.
3 years from the date of passing. Renew by retaking the exam or completing a NISM-approved CPE program in the final 12 months before expiry.
Yes — one full 120-minute mock (100 MCQs, NISM-accurate scoring) is free with a free account, and all 2,000+ chapter-wise practice questions are free. A ₹199 condensed-notes PDF is an optional add-on.
It's the most approachable NISM paper: 100 one-mark questions, 50% to pass and no negative marking, so you should attempt every question. Candidates who fail usually lose marks in a few chapters rather than across the syllabus — a chapter-wise mock shows you which ones.
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