NISM Study Material PDF (Workbook + Short Notes Preview) | Popular Modules 2026

Professional Online Mock Tests and Comprehensive Study Material for NISM Exams

Free NISM Study Material 2026 PDF & Short Notes (All Series with Free Preview Chapters)


Here's a list of all the NISM exam modules for which we provide downloadable workbook in PDF format + our expert study material in form NISM Short notes.
S.No.Certification NameDownload Our Study MaterialDownload NISM Workbook
1 NISM Series -I Currency Derivatives Certification Examination
2 NISM Series XXI-A Portfolio Management Services (PMS) Distributors Certification Examination
3 NISM-Series-XVI Commodity Derivatives Certification Examination
4 NISM Series-XV Research Analyst Certification Examination
5 NISM-Series-X-A Investment Adviser (Level 1) Certification Examination
6 NISM-Series-VIII Equity Derivatives Certification Examination
7 NISM Series -VI Depository Operations Certification Examination
8 NISM Series-V-A Mutual Fund Distributors Certification Examination
9 NISM Series-IX Merchant Banking Certification Examination
10 NISM Series -IV Interest Rates Derivatives Certification Examination
11 NISM-Series-XVII Retirement Adviser Certification Examination
12 NISM-Series-X-B Investment Adviser (Level 2) Certification Examination
13 NISM Series-XII Securities Markets Foundation Certification Examination
14 NISM Series ­V-B Mutual Fund Foundation Certification Examination
15 NISM Series -VII Securities Operations and Risk Management Certification Examination
16 NISM Series -II A Registrars and Transfer Agents (Corporate) Certification Examination
17 NISM Series -II B Registrars and Transfer Agents (Mutual Fund) Certification Examination
18 NISM Series-III-A Securities Intermediaries Compliance (Non-Fund) Certification Examination
19 NISM Series III-C Securities Intermediaries Compliance (Fund) Certification Examination
20 NISM Series XXI-B Portfolio Managers Certification Examination
21 NISM Series XIX-A Alternative Investment Funds (Category I and II) Distributors Certification Examination
22 NISM Series XIX-B Alternative Investment Funds (Category III) Distributors Certification Examination
23 NISM Series XIX-C Alternative Investment Fund Managers Certification Examination
24 NISM Series XIX-D Category I & II AIF Managers Certification Examination
25 NISM Series XIX-E Alternative Investment Fund Managers (Category III) Certification Examination
26 NISM Series XXIV AML and CFT Provisions in Securities Markets Certification Examination
27 SEBI - Investor Certification Examination - Securities Market Booklet
28 SEBI - Investor Certification Examination - Financial Education Booklet
29 NISM Series V-A Mutual Fund Distributors Certification Examination (HINDI)
30 NISM Series XXIII Social Impact Assessors Certification Examination

Looking for the Latest and Most Reliable NISM Study Material PDF?


You are in the right place.

Whether you are preparing for the NISM Series V-A (Mutual Fund Distributors), Series VIII (Equity Derivatives), Series XV (Research Analyst), or any other module, NISMExams.in offers expertly crafted, up-to-date, and Free Preview (4 Chapters). Full version is available inside the Premium Mock Test & Study Package.

Our goal is simple: to help you clear the NISM exam in your first attempt with focused preparation, concise notes, and real exam-oriented resources.


What You Get from Our Study Material Downloads


  • Official NISM Workbook PDF (latest edition)
  • Short Notes Preview (4 Chapters) prepared by NISM-certified trainers
  • Covers key concepts, definitions & exam-focused explanations
  • Ideal for quick concept clarity before attempting mock tests
  • Suitable for students and working professionals preparing alongside a job
  • Works best when combined with our Mock Tests & Case-Based Practice Questions

*Full-version Short Notes are included in the Premium Study + Mock Test Package.


What's Inside the NISM Study Material PDFs?


Each NISM PDF has been carefully curated to help you understand core concepts, revise efficiently, and retain critical facts.

Here's what you'll find inside:

  • Chapter-Wise Breakdown - mirrors the official exam structure
  • Key Definitions & Concepts - market terms, explanations, and regulations
  • Formulas & Quick Reference Tables - for numericals and calculations
  • Practice-Based Structure - built for application-based learning
  • Fully Downloadable - no login, study offline

Ideal for Self-Study and Crash Revision


Whether you're:

  • A student preparing independently
  • A full-time employee with limited hours
  • Someone reappearing for the NISM exam

These NISM exam PDFs are your best resource to cover the syllabus in the shortest time possible.


Frequently Downloaded NISM PDFs


  • NISM V-A: Mutual Fund Distributors
  • NISM VIII: Equity Derivatives
  • NISM XV: Research Analyst
  • NISM I: Currency Derivatives
  • NISM VI: Depository Operations

Bonus: Master the Concepts with Mock Tests for Guaranteed Confidence


Reading the study PDF is the first step - ut to ensure you pass on your first attempt, pair it with our NISM mock test packages. Trusted by 4,000+ candidates, our materials are designed to simplify the syllabus and simulate the real exam environment.

  • Exam-Level Practice Questions: 600-700 carefully curated questions based on latest NISM patterns and previous exam trends.
  • Concept-Based Learning (Not Rote): Each question is designed to test application, helping you handle tricky and twisted exam scenarios.
  • Detailed Explanations: Every answer includes clear, exam-oriented explanations to strengthen conceptual clarity.
  • Real Exam Simulation: Timed mock tests with negative marking to replicate actual NISM exam pressure.
  • High-Probability Questions: Focus on questions with strong likelihood of appearing in the actual exam, based on expert analysis.
  • Performance Tracking: Identify weak areas instantly and improve accuracy before your final attempt.
  • Updated as per Latest Syllabus: Regularly revised content aligned with current NISM exam structure and SEBI guidelines.
  • Trusted by 4,000+ Aspirants: Proven track record with high first-attempt success rate.
  • Time-Efficient Preparation: No unnecessary theory - focus only on what actually matters for clearing the exam.
  • Designed by Market Experts: Content curated by professionals with real-world financial market experience.

Why Free PDFs Are Better Than Coaching Books?


Traditional books may contain too much filler and often aren't updated for the latest syllabus. Our free NISM PDF downloads are:

  • Exam-focused
  • Lightweight (quick reading)
  • Frequently updated
  • No cost, no clutter

These notes are designed to help you pass faster, not read longer.


How to Use These NISM Notes Effectively?


Here's a proven 5-step approach:

  • Download the Study PDF for your module
  • Read one chapter each day (30-45 mins max)
  • Highlight and mark important formulas
  • Attempt mock test after every 2 chapters
  • Revisit PDF before final exam day

Result? Faster recall, higher score, first-attempt clearance.

About the Creators of Our NISM Short Notes

Our NISM study material and short notes are developed and reviewed by a team of experienced finance professionals, educators, and NISM-certified experts with deep expertise in financial markets, compliance, and certification training.

The content is created under the academic leadership of Asst. Prof. Rohit Kumar Jha, Founder of NISMExams.in, a highly qualified finance educator and NISM expert with over 20 years of experience in training students and professionals for financial market certifications.

Academic Qualifications & Certifications

  • B.Com - Delhi University
  • MBA (Banking & Finance)
  • M.Com (Banking & Finance)
  • M.Phil (Commerce)
  • M.A. (English)
  • UGC-NET (Commerce Qualified)

He is also a NISM-certified professional, having successfully cleared:

  • NISM Series V-A (Mutual Fund Distributors)
  • NISM Series VIII (Equity Derivatives)
  • Along with exposure to multiple other NISM modules

Professional Experience

Asst. Prof. Rohit Kumar Jha has contributed to reputed institutions through his expertise in teaching, mentorship, career guidance, and academic development in finance and management, including:

  • O.P. Jindal University - Raigarh
  • Career Launcher - Delhi
  • Presidency University - Bangalore
  • Mody University - Sikar, Rajasthan
  • Currently associated with Sharda University, Noida as Assistant Professor

He has trained thousands of students and working professionals, with a strong focus on exam-oriented preparation and real-world financial understanding.

Areas of Expertise

  • NISM Exam Strategy & Preparation
  • Equity Derivatives & Capital Markets
  • Mutual Funds & Investment Products
  • Financial Market Training & Certification Guidance

Expert Team Behind the Content

The content development and review process is strengthened by domain specialists:

  • CS Raman Rastogi - Core Content Expert (Law & Compliance), Company Secretary (CS) & LLB, with 12+ years of experience in SEBI regulations and corporate laws
  • Mr. Atul Lohiaa - Chartered Accountant (CA) & Investment Advisor with 20+ years of experience in financial advisory and capital markets
  • CA Rajeev Ranjan Shrivastava - Senior Advisory Board Member with expertise in financial modeling, project finance, and SEBI Research Analyst (RA) registration

Our extended team includes experienced NISM-certified professionals:

  • Yash Bansal - MBA Finance, ex-HDFC Bank, NISM Certified (V, VIII, XV, XIX-C)
  • Poonam Chamaria - M.Com, NISM Certified (V-A, XIX-A, XIX-B, XIX-C, XXI-A), AIF Compliance Expert
  • Swati Mishra - Company Secretary (CS), expert in financial services and compliance

FAQs About NISM Study Material PDF

Yes. The official NISM Workbook PDFs and our Short Notes (Preview - 4 Chapters) are available here free of cost.

Yes. All material follows the latest NISM syllabus and exam pattern as per recent SEBI and NISM updates.

No. The official NISM Workbook PDF is already provided. Our Short Notes help you revise key points quickly for better understanding.

We provide Workbook PDFs for all major NISM modules. Short Notes (Preview - 4 Chapters) are currently available for: PMS (XXI-A), Research Analyst (XV), Investment Adviser Level 1 (X-A), Equity Derivatives (VIII), Depository Operations (VI), Mutual Fund Distributors (V-A), Currency Derivatives (I), Commodity Derivatives (XVI), Merchant Banking (IX), and Interest Rate Derivatives (IV).

We update the study material whenever NISM releases syllabus changes. Minor changes are usually updated within 15-30 days.

All PDFs are provided in English. Hindi and bilingual versions are planned for release soon.

Yes. The Short Notes are written in simple language, making them suitable even for candidates with no finance background.

Yes. Many students and professionals use these PDFs for group revision and collaborative preparation sessions.

Yes. We offer free chapter-wise video lectures on our YouTube channel for additional concept clarity.

You can practice 500+ explained questions for each module at NISMExams.in/nism-exams-mock-tests. Packages start at just Rs. 599.

Start Your NISM Exam Journey with Us Today

Whether you're aiming to pass the Mutual Fund Distributors exam, become an Equity Derivatives expert, or secure a Research Analyst certification - our NISM study PDFs + mock tests are your most powerful tools.

Free preview available. Get access to the first 4 chapters by logging in - then decide if our notes are right for you.


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