SEBI Certified - Series X-A & X-B

NISM Series X-A: Investment Adviser Certification

Become a SEBI-registered Investment Adviser with comprehensive certification training. Provide professional investment advice and build a thriving advisory practice.

10 Weeks
Expert Faculty
SEBI Registration

About NISM Investment Adviser Certification

The NISM Series X-A Investment Adviser certification is mandatory for individuals and entities who wish to register with SEBI as Investment Advisers. This certification validates your competence in providing investment advice across various asset classes to retail and institutional clients.

Our comprehensive program covers portfolio management, asset allocation, financial planning, client relationship management, and regulatory compliance. You'll gain the knowledge and skills to build a successful investment advisory practice while meeting SEBI's stringent professional standards.

Comprehensive Learning Outcomes

Investment advisory regulations
Client risk profiling
Asset allocation strategies
Portfolio construction
Equity and fixed income analysis
Mutual fund selection
Insurance and tax planning
Retirement and goal planning
Behavioral finance concepts
Client communication skills
Ethics and code of conduct
Advisory business setup

Ideal For

Finance professionals starting advisory practice
Mutual fund distributors becoming advisers
Wealth managers seeking SEBI registration
CAs and CFPs offering investment advice
Financial planners and consultants
Anyone passionate about helping others invest wisely

Career & Business Opportunities

Independent Investment Adviser
Wealth Management Firm
Financial Planning Practice
Corporate Advisory Services
Portfolio Management Consultant
Retirement Planning Specialist
₹16,999

Complete advisory certification

10 weeks comprehensive program
45+ live interactive sessions
Series X-A & X-B coverage
250+ practice questions
6 full-length mock tests
Portfolio planning templates
Client advisory toolkit
SEBI registration support
Start NISM Training

Program Details

Duration10 Weeks
Sessions45+ Live Classes
LevelIntermediate to Advanced
LanguageHindi & English
ModeOnline Live + Recorded
CertificationNISM Series X-A

Practice Setup Support

Complete guidance on SEBI registration, documentation, compliance, client onboarding, and building your investment advisory business from scratch.

Detailed Curriculum

1
Module 1

Investment Advisory Business

  • Role and importance of investment advisers
  • SEBI (Investment Advisers) Regulations
  • Registration requirements and process
  • Code of conduct and ethics
  • Regulatory compliance framework
  • Advisory business models
2
Module 2

Client Relationship Management

  • Client onboarding process
  • Know Your Client (KYC) requirements
  • Risk profiling questionnaires
  • Understanding client goals and needs
  • Investment policy statement (IPS)
  • Communication and reporting standards
3
Module 3

Asset Classes & Products

  • Equity investments and analysis
  • Fixed income securities
  • Mutual funds and ETFs
  • Insurance products
  • Real estate investments
  • Alternative investments (Gold, Commodities)
4
Module 4

Financial Planning

  • Goal-based financial planning
  • Retirement planning strategies
  • Education planning
  • Tax planning and optimization
  • Estate planning basics
  • Emergency fund planning
5
Module 5

Portfolio Management

  • Asset allocation principles
  • Strategic vs tactical allocation
  • Portfolio diversification
  • Risk-return trade-off
  • Portfolio rebalancing strategies
  • Performance measurement
6
Module 6

Investment Analysis

  • Fundamental analysis techniques
  • Technical analysis basics
  • Economic analysis
  • Sector and industry analysis
  • Company valuation methods
  • Investment selection criteria
7
Module 7

Risk Management

  • Types of investment risks
  • Risk measurement techniques
  • Risk mitigation strategies
  • Hedging and insurance
  • Behavioral biases in investing
  • Downside protection methods
8
Module 8

Taxation & Regulations

  • Income tax on investments
  • Capital gains taxation
  • Tax-saving investment options
  • TDS provisions
  • Regulatory updates and changes
  • Compliance documentation
9
Module 9

Behavioral Finance

  • Investor psychology
  • Common behavioral biases
  • Emotional decision making
  • Market cycles and sentiment
  • Client behavior management
  • Rational investment framework
10
Module 10

Practice & Exam Prep

  • SEBI registration walkthrough
  • Advisory agreement templates
  • Fee structure models
  • Mock test series (6 tests)
  • Exam strategies and tips
  • Building your advisory business

NISM Series X Exam Information

Exam Pattern

Series X-A Questions100 MCQs
Series X-B Questions50 MCQs
Duration2 Hours (X-A)
Passing Score50% (50/100)
Exam TypeOnline (CBT)

Certification Benefits

SEBI registration eligibility
Professional credibility
Fee-based advisory practice
Recurring income model
Independent business opportunity

Frequently Asked Questions

What's the difference between Series X-A and X-B?

Series X-A is mandatory for all investment advisers. Series X-B is an additional exam required if you want to provide advisory services on derivatives (futures and options).

Can I start an independent investment advisory firm after certification?

Yes! After passing NISM Series X-A and registering with SEBI, you can start your own investment advisory practice. We provide complete setup guidance including legal structure, compliance, and client acquisition.

What's the minimum qualification required for this certification?

You need to be a graduate (any discipline) from a recognized university. Additionally, SEBI requires specific experience or professional qualifications for IA registration.

How is an Investment Adviser different from a Mutual Fund Distributor?

Investment Advisers provide comprehensive financial advice for a fee and must act in the client's best interest (fiduciary duty). Distributors earn commissions from product sales. IAs cannot earn product commissions.

What is the career potential and income in investment advisory?

Investment advisory offers excellent long-term potential with recurring fee-based income. Experienced advisers manage portfolios worth crores and earn substantial advisory fees based on AUM or hourly/retainer models.

Build Your Investment Advisory Practice with SEBI Certification

Master investment advisory skills, pass NISM Series X-A exam, get SEBI registered, and launch your professional advisory business with complete mentorship and support.

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