Professional Online Mock Tests and Comprehensive Study Material for NISM Exams

Master the NISM XXI-A PMS Exam with India's Premier Live Online Course


Govind Thangwal

11th November 2025

I have cleared my NISM PMS DISTRBUTORS exam through their modules and their live classes. So it helped me a lot in understanding the explanations of every question in detail and they explained very well in their live classes and through that I was able to clear my NISM PMS exam.

Fund Manager - Greater Noida

★★★★★
Read More Testimonials

Are you an ambitious financial professional ready to enter the exclusive and lucrative world of High Net-worth Individual (HNI) wealth management?

The path to serving India's most affluent investors begins with a single, mandatory credential: the NISM Series XXI-A: Portfolio Management Services (PMS) Distributors Certification.

As a professionals who has mentored thousands of successful finance professionals for over 25 years, we understand the unique challenges this exam presents. The syllabus is dense, the client scenarios are complex, and the stakes are high. Self-study can feel like navigating a labyrinth without a map, leaving you with conceptual gaps and a lack of confidence when it matters most.

This is precisely why we have created the definitive solution: the Live Online NISM 21A Classes by NISMExams.in.

This is more than just an online NISM PMS course; it is a comprehensive mentorship program. It is a structured, interactive, and expert-led journey designed with a singular objective: to empower you with the knowledge, skills, and strategic mindset to not just pass the NISM XXI-A exam, but to excel in it on your very first attempt and launch your career in HNI wealth management with absolute confidence.

NISM Series-XXI-A:Portfolio Management Services (PMS) Distributors Cert.

Course Duration:15-20 hours

Course Fee - ₹15,000
  • Mode: 100% Live Online Classes
  • Faculty: Industry Experts with 10+ years of experience
  • Session Type: Case studies + Q&A Live Discussion
  • Study Material: 2025 Updated Notes
  • Mock Tests: Included with detailed explanations

The HNI Client is Discerning. Is Your Preparation Good Enough?

The world of Portfolio Management Services is the pinnacle of wealth management. Your future clients will be successful entrepreneurs, C-suite executives, and seasoned investors. They are intelligent, discerning, and will expect a level of knowledge and professionalism that is second to none.

The NISM XXI-A exam is designed to be the gatekeeper to this world. It is a rigorous test that many hardworking candidates struggle with due to common, predictable challenges:

  • The Complexity of the Product: PMS structures, fee models, and regulatory frameworks are significantly more complex than those of mutual funds. The official workbook is dense and can be difficult to interpret without expert guidance.
  • The Nuance of HNI Conversations: The exam is filled with scenario-based questions that test your ability to conduct a suitability assessment for an affluent client. This is an art that a textbook alone cannot teach.
  • The Intricacy of Regulations: The SEBI (Portfolio Managers) Regulations, 2020, are extensive and non-negotiable. Misunderstanding a key compliance point can lead to an incorrect answer in the exam and a serious error in your professional career.
  • The Pressure of Negative Marking: The 10% penalty for incorrect answers means that precision and confidence are paramount. A lack of conceptual clarity often leads to guessing, which can be the difference between passing and failing.

If you are facing these challenges, you need more than just study material. You need a guide.

Introducing Our Live Online NISM 21A Classes: Your Mentorship Path to a Premium Career

We have distilled decades of academic expertise and on-the-ground market experience into the most effective online Portfolio Management Services Classes available in India. This program is your direct, structured, and guaranteed path to success.

Why This Is the Only NISM 21A Course You Will Ever Need

Industry Expert-Led Batches, Mentored by a Professionals

Your learning is only as good as your teacher. Our batches are not led by junior trainers. They are conducted by a team of seasoned industry experts, with the curriculum and methodology designed and overseen by us. We do not just teach you the "what" from the syllabus; we teach you the "why" and the "how" from our real-world experience. We transform dense theory into practical, applicable wisdom.

Assessment Structure


Component Details
Number of Questions100
Marks per Question1 mark
Total Marks100
Exam Duration2 Hours
Passing Criteria60%
Negative Marking10% of marks assigned per question

Syllabus Outline with Weightages


Chapters Chapter Name Proposed Weightages
1Investments7
2Introduction to securities markets5
3Investing in stocks10
4Investing in fixed income securities5
5Derivatives5
6Collective Investment Vehicles5
7Role of portfolio managers10
8Operational aspects of portfolio managers13
9Portfolio management process15
10Performance measurement and evaluation of portfolio managers10
11Taxation5
12Regulatory, governance and ethical aspects of portfolio managers10

A Flexible Schedule That Respects Your Time

We understand that you are likely a working professional with a demanding schedule. Our program is designed for you.

  • Weekday and Weekend Batches: Choose a schedule that fits your work-life balance.
  • Multiple Timings: With 3 batches running every week, you can find a slot that is convenient for you.
  • Optimal Session Duration: Each class is a focused 1 hour and 30 minutes, ensuring maximum learning and engagement without causing fatigue.
  • Comprehensive Coverage: The entire syllabus is covered in a structured 25-hour course, spread over several weeks.

Our "First Attempt Success" Handholding Support

This is our commitment to you. We are not just here to deliver a course; we are here to ensure you get certified.

  • We are with you until you clear your NISM exam. If you are unsuccessful for any reason, you are welcome to attend our future batches for revision and support, at no additional cost.
  • Dedicated Doubt-Clearing Sessions: In addition to in-class Q&A, we hold dedicated sessions to resolve all your queries.
  • Personalised Guidance: Our small batch sizes allow our instructors to provide you with the personalised attention you need to succeed.

A Complete Learning Ecosystem

Enrolment gives you access to our entire suite of premium preparation tools:

  • Quick Revision Notes & Key Concepts: Our proprietary, concise notes that summarise the most important, exam-focused points from every chapter.
  • Updated Questions with In-depth Explanation: Access to our curated question bank with the latest, most relevant questions and detailed, logical explanations for every answer.
  • Free Demo Exam Available: Try before you buy. Get a feel for our platform and the quality of our questions with a free demo test.

Your Curriculum: A Deep Dive into the NISM XXI-A Syllabus

Our online NISM 21a course provides comprehensive coverage of the entire official syllabus, with a special focus on the most challenging and high-weightage topics.

Key Modules We Master Together

  • Understanding the Investment Landscape: A deep dive into the world of affluent investors and their unique needs.
  • Portfolio Management Basics: We solidify your understanding of concepts like risk, return, and modern portfolio theory.
  • The PMS Ecosystem: A thorough examination of the structure of PMS in India, including the crucial tripartite agreement between the client, manager, and custodian.
  • Products and Strategies: We explore the different investment strategies employed by portfolio managers.
  • The Regulatory Framework: A detailed, yet simplified, breakdown of the SEBI (Portfolio Managers) Regulations, 2020.
  • Performance Measurement and Taxation: We master the quantitative aspects, including the fee calculations, performance reporting, and the taxation of PMS investments.

Our Mentor

We personally believe that in the field of professional education, experience is not just an advantage; it is a necessity. As a mentor for this program, we bring to the virtual classroom:

  • A Unique Blend of Academic and Market Experience: With over 25 years in the field, we have not only taught these subjects at a university level but have also worked as a strategic consultant to top financial firms. This allows us to teach you not just the theory, but the real-world context behind it.
  • A Proven Methodology: Our curriculum and NISM XXIA Mock Test Papers have already helped thousands of students clear their certifications. Our live classes are the next evolution of this proven success.
  • A Commitment to Your Success: Our goal is not just to help you pass an exam. It is to help you build the competence and confidence to succeed in a demanding and prestigious career. We are here to mentor you, to guide you, and to ensure you achieve your professional goals.

Stop Doubting, Start Preparing for Your HNI Career

The opportunity to build a career in HNI wealth management is immense. The demand for qualified, certified, and ethical professionals is growing every single day. The NISM Series XXI-A certification is your non-negotiable entry ticket into this world.

You have a choice. You can continue to navigate the dense syllabus on your own, battling with unanswered doubts and a lack of a clear strategy. Or you can join a structured, expert-led, and interactive program that is designed to guarantee your success.

The path to managing millions starts with a single, smart investment in your own expertise.

Ready to Unlock Your Career in HNI Wealth Management?

Join our upcoming batch of the Live Online NISM PMS Class and take the definitive step towards your first-attempt success.,/p>

Want to get a feel for our teaching style and quality? Take Your Free Demo Exam Now

Have More Questions About Our Online NISM AIFM Classes? Talk to our NISM 21A Expert +91 7518147771

Frequently Asked Questions – NISM Live Online Classes

The NISM Mock Test series is an essential tool for practice and self-assessment, which is why it is included with our live classes. The Live Online Classes, however, are a complete, structured learning program. They provide the foundational teaching, concept clarity, doubt-clearing, and exam strategy that you need before you can effectively use the mock tests. The classes build your knowledge; the mock tests then validate it.

The classes are designed and led by me, Assistant Professor Rohit Kumar Jha, and a select team of highly experienced industry professionals and subject matter experts who have deep, practical experience in the PMS and wealth management industry.

We understand that our students are often working professionals. Every single live class is recorded. If you miss a session, you will get access to the high-quality recording within 24 hours, which you can watch at your convenience to catch up and ensure you don't fall behind.

Absolutely. We have designed this course to cater to both experienced professionals looking to get certified and newcomers to the field. We start with the absolute basics of the investment landscape and the role of a portfolio manager, and then systematically build up to the more advanced topics like regulations and performance measurement.

We use a case-study-based approach. Instead of just listing the regulations, we present real-world client scenarios and discuss how a distributor must apply the principles of the suitability mandate. This practical, "what would you do" approach makes the complex compliance and ethical requirements much easier to understand and remember.

The requirements are very simple. You will need a stable internet connection, a laptop or desktop computer (a mobile phone is not recommended for the best experience), and a pair of headphones. Our live class platform is web-based, so there is no need to install any heavy software.

We generally recommend that you book your NISM exam within one to two weeks of completing the course. This ensures that the concepts are fresh in your mind. Our "Handholding Support" means that we will continue to provide you with doubt-clearing support right up until your exam day.

Our program is fully digital to provide you with the most updated and accessible content. Upon enrolment, you will receive access to our complete suite of digital study materials, including our proprietary concise revision notes and formula sheets in a downloadable PDF format.

We believe in quality over quantity. To ensure a high degree of personal attention and interaction, we deliberately keep our batch sizes small and manageable. This allows the instructor to address individual student queries effectively and fosters a more collaborative learning environment.

We encourage you to take two simple steps. First, take our Free Demo Exam Available on the website to get a feel for the quality of our questions and the NISM XXI-A exam pattern. Second, call our NISM 21A Expert at the number provided. They will be happy to answer any further questions you have and provide you with a free, no-obligation counselling session to help you decide if this is the right path for your career.

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