About Mutual Fund Distributor Level II

Mutual Fund Distributor II module is for all those who are interested to elect the career in Indian Mutual Fund Industry. This module will create to fulfill the aspiration of Mutual Fund Advisers and Employees, who wish to assess themselves against higher standards of overall expertise related to mutual fund sales, distribution and advisory functions. This module is only applicable for those students who has successfully completed MUTUAL FUND DISTRIBUTORS MODULE

Why should one enroll in this course?
  • In order to enable a better understanding of features of Advanced Mutual Fund Products
  • Understanding the Fund Valuation, Fund Performance Measurements and Investor Services.
  • Understand the silent features of Fund of Funds, Exchange Traded Funds, Real Estate Mutual Funds, Venture Capital Funds, Private Equity Funds and International Funds.
  • Understanding Legalities of Real Estate Mutual Fund
  • Knowing Investment restrictions applicable of Mutual Fund Schemes
  • To know the Processes for making changes in the structure of a Mutual Fund or any of its Schemes
  • To understand the newer channels of distribution viz. Stock Exchange and Internet
  • To get acquainted with the approaches of fund managers take to manage Investments and associated risk.
  • Understanding how equities, debt, derivatives and real estate are valued in Mutual Fund Schemes
  • Understand accounting aspects of NAV determinations, Investor's transactions with the fund and corporate actions by Investee Companies
  • Know how taxation affects Mutual Fund Schemes and Investors
  • Understand the processes underlying investments in NFO, Open-ended schemes, Close-ended Schemes and ETF as well as nomination and pledge processes relating to Mutual Fund
  • Get historical perspective on returns earned in different asset classes
  • Get oriented to basics of Financial Planning
  • Understand ethical requirements and measures to protect Mutual Fund Investors.
Who will benefit from this course?
  • Person who intends to become an Individual Mutual Fund Distributor
  • Employees of Organisation engaged in Sales and Distribution of Mutual Funds
  • Employees of Asset Management Companies especially persons engaged in Sales and Distribution of Mutual Funds
  • Anybody who has interest in this field.
Course Details

Duration: 30 hours (15 days)

Fees: Rs. 15000/-

Refund of fees: Rs.5000/- if examination cleared in first attempt.

Second attempt for examination additional: Rs. 2100/-

Contents of this course

Day 1 – Mutual Fund Structures
  • Funds of Funds
  • Exchange Traded Funds
  • Real Estate Mutual Funds (REMF) and Real Estate Investment Trust (REIT)
  • Venture Capital Funds
  • Angel Funds
  • Private Equity Funds
  • International Funds
Day 2 – Legal And Regulatory Enviroment Of Mutual Funds
  • Regulatory Framework for Real Estate Mutual Funds
  • Regulatory Framework for Real Estate Investment Trusts
  • Investment Norms for Mutual Funds
  • SEBI Norms for Mutual Funds Investment in Derivatives
  • SEBI Norms with respect to Changes in Controlling Interest of an AMC
  • Changes in Mutual Fund Schemes
Day 3 – Fund Distribution And Sales Practices
  • Internet and Mobile Technologies
  • Stock Exchanges
Day 4 – Investment And Risk Managements
  • Fundamental Analysis
  • Technical Analysis
  • Quantitative Analysis
  • Debt Investment Management
  • Issues for a Debt Fund Management
  • Derivatives
  • Application to Derivatives
Day 5 – Valuation Of Schemes
  • Equities
  • Debt
  • Non-Performing Assets (NPA) and Provisioning for NPAs
  • Gold
  • Real Estate Mutual Funds
Day 6 – Accounting
  • Net Asset Value
  • Investor Transactions
  • Distributable Reserves
  • Unique Aspects of Real Estate Schemes Accounting
Day 7 – Taxation
  • Taxation for AMCs
  • Taxes for Investors
Day 8 – Investor Services
  • New Fund Offer
  • Open-End Fund
  • Close-End Fund
  • Exchange Traded Fund
  • Nomination
  • Pledge
Day 9 – Scheme Evaluation
  • Measures of Return
  • Measures of Risk
  • Benchmarks and Relative Returns
  • Risk-adjusted Returns
  • Limitations of Quantitative Evaluations
Day 10 – Asset Classes And Alternate Investment Products
  • Historical Returns
  • Perspectives on Asset Class Returns
  • Alternate Investment Products
Day 11 – Cases In Financial Planning
  • Case One
  • Case Two
Day 12 – Ethics And Investor Protection
  • Code of Conduct
  • Mis-selling
  • Safeguards in Mutual Fund Structures
  • Regulatory Steps for Protecting Investors against Fraud
  • List of Abbreviations
Day 13 – RECAP & Revision
Day 14 – RECAP & Revision
Day 15 – RECAP & Revision


1. 1. You are eligible for a refund until the course / specialization launches on the platform however kindly note 25% reduction will be done on the amount paid if applied for cancellation.

2. You are not eligible for a refund after earning a Course Certificate, even if you complete a course in a short period.

3. Rs.5000/- will be refunded as a token of reward if examination is cleared in first attempt.

Yes—to enroll in an individual course, search for the course title in the catalog.

Yes, kindly contact Nathani Finance

15 Days Classroom Training

1 Day for Examination

New Batch admission will start every month.

No specific background is required for this course, anybody can join having interest in this Industry.

Although you can take the courses in any order, however we do recommend that you follow the suggested sequence of courses

Yes, Successful candidates will be rewarded the Certificate by the below mentioned organisations post clearing the exams.

Nathani Institute Pvt. Ltd.

National Institute of Securities Markets


National Stock Exchange Ltd.