To register for the NISM CPE Program, check out the currently scheduled programs at News & Events section of our website and Contact Us over email or phone.

Anyone engaged in the business of selling/distributing Mutual fund products (including distributors, agents, brokers, sub-brokers or called by any other name), has obtained the Certificate for AMFI Mutual Fund (Advisors) Module (till 31.05.2010) offered by AMFI or the NISM-Series-V-A: Mutual Fund Distributors Certification Examination (from 01.06.2010) and the validity period of the said certificate is over, such person shall be required to undergo ‘Continuing Professional Education’(CPE), as specified by NISM.

The distributor gets a six (6) month window to take the CPE. He needs to take the same six (6) months prior to the expiry of his ARN/AMFI Certificate.

Exception for distributors whose ARN is expiring upto December 2010, distributors can take the same within 6 months of expiry too.

For example: Ram’s ARN card expired on June 2010, he can take the CPE before Dec 2010.

From January 2011, the distributor needs to attend the CPE before 6 months of expiry.

For example: Sita’s ARN card is due to expire in March 2011, she needs to attend the CPE 6 months prior to March 2011.

No, since it is more than 6 months that your license expired, you need to take the NISM MFD examination to renew the same.

The CPE course syllabus will cover new mutual fund products, regulations and understanding fund fact sheets.

Fees is Rs. 1,500/= payable to 'National Institute of Securities Markets'. The payment needs to be done by Demand Draft only, payable in Mumbai.

• Duly filled Registration form
• Photocopy of PAN card (carry original for verification)
• Photocopy of ARN card/AMFI Certificate (carry original for verification)
• 2 passport size photos
• Fees - Demand Draft favouring NISM for Rs. 1,500/-

The candidate will not be able to attend the CPE. All documents as listed above are required to register for the course.

9:00 to 10:00 am – Registration

10.00 am to 4.30 pm – CPE training

No, the candidates do not have to take any exam.

NISM will be issuing the certificates, after verifying all the documents. They are authorized to approve/reject any application. They will send the certificate to your registered address within 20 -25 days of attending the CPE. 

For any clarifications post CPE, you could call Ms Deepti Nair/Gargi Datta at (022) 27883001 or email at cpe@nism.ac.in for any queries.

Refresher course taken before June 1, 2010, is valid. For all renewals after June 01, 2010, the distributor needs to take the NISM MFD CPE program.

You can either take the NISM MFD examination or attend the NISM MFD-CPE.

It is valid for 3 years from the date of the CPE attended.

No, AMFI has mandated CAMS to renew ARN Cards. On receipt of the CPE Certificate from NISM, the same needs to be sent to CAMS along with the old ARN Card for renewal and issuance of new ARN card. The validity of the new ARN card will be for 3 years.

As per regulation 4 (3) of the Certification Regulations, persons who have attained the age of fifty (50) years or who have at least ten (10) years experience in the securities markets in the sale and/ or distribution of mutual fund products as on May 31, 2010, will be given the option of obtaining the certification either by passing the NISM certification examination or qualifying for Continuing Professional Education (CPE) by obtaining such classroom credits as may be specified by NISM from time to time.

No,  Sr.Citizen are not exempted from CPE’s and neither can anyone else sit on behalf of him/her.