AMFI is the Association of Mutual Funds in India (AMFI). AMFI Mutual Fund Certification is based on a testing programme. There are two Modules of the test.

AMFI Mutual Fund (Basic) Module.
The first is the AMFI Mutual Fund (Basic) Module. This is a general test covering the concept, structure and other essential general topics. This is meant for all employees of Mutual Funds (other than those who are engaged in selling and marketing activities), general public and for those who would like to have a basic knowledge of concept and working of Mutual Funds. Any one who desires to acquire knowledge of the functioning of the mutual fund without seeking to become a fund distributor can take part one test independently. A certificate will be issued separately for Basic Module test to the successful candidates.There is no validity period for the AMFI-Mutual Fund (Basic) Module certification.

AMFI Mutual Fund (Advisors) Module
The second is the AMFI Mutual Fund (Advisors) Module and it covers subjects such as financial planning, risks in fund investing, model portfolio selection in addition to the subjects covered under the Basic Module and constitute a single certification programme which is designed for certification of fund distributors or intermediaries engaged in selling mutual fund schemes, employees of corporate intermediaries and employees of mutual funds who are engaged in selling and marketing activities.The validity period for the AMFI-Mutual Fund (Advisors) module certification is for five years.

Certification is Mandatory
The Securities and Exchange Board of India (SEBI) has made mandatory for any entity / person engaged in marketing and selling of mutual fund products to pass AMFI certification test (Advisors Module) and obtain registration number from AMFI. Firms and corporates will have to obtain certification of registration from AMFI and all employees of corporate distributors engaged in selling and marketing of mutual fund products have to pass the AMFI certification test (Advisors Module) and obtain registration with AMFI before canvassing business of mutual funds.

More Details on NCFM Certification
Details on NCFM Certification

NCFM Modules
NCFM Modules

NCFM Curriculum & Study Material
NCFM Curriculum

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