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    Pass SEBI Securities Market in 14 days

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    SEBI Securities Market
    What are debt securities also called?

    How you’ll prepare

    01:24:36left
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    SEBI Securities Market

    The Primary Market is also known as what?

    • AThe stock exchange
    • BThe debt market
    • CThe derivatives market

    Timed mock tests

    Exam-style papers on a running clock, with topic-level results after every attempt.

    68%Latest mock
    Score by mock+16
    Mock 1Mock 4

    Watch your score climb

    See how each mock compares with the last, so you know your prep is working.

    Introduction to Securities…48%
    Regulatory Framework for…62%
    What are Securities and…76%
    Primary Market and Secondary…84%

    Find your weak areas

    Topic-level results show where to spend your next study session.

    SEBI Securities Market Formula Sheet

    Introduction to…

    Regulatory Framework for…

    What are Securities and…

    SEBI Securities Market Revision Notes

    Debentures or bonds

    Debt securities are also called as debentures or bonds.

    Regulatory Framework for…

    What are Securities and…

    Notes and formula sheets

    Keep your references next to your practice and revise them between mocks.

    What’s included

    Your mocks, study tools and support, in one prep pack.

    Mock tests4 tests
    • SEBI Securities Market mock test 1
      In the pack
    • SEBI Securities Market mock test 2
      In the pack
    • SEBI Securities Market mock test 3
      In the pack
    • SEBI Securities Market mock test 4
      In the pack
    Notes2 PDFs
    • SEBI Securities Market Revision Notes
      In the pack
    • SEBI Securities Market Formula Sheet
      In the pack
    Performance analyticsTopic-level insights

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    Mock Test Series
    SEBI SM
    Securities Market
    Exam-level difficulty
    ₹149₹24940% off

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    This course includes:

    4 full-length mock tests
    Study notes & formula sheets (2 PDFs)
    Doubt solving on WhatsApp
    Performance analytics to identify weak areas
    Access valid for 6 months

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    Syllabus covered

    38 sections · 155 topics · mock tests & practice

    Introduction to Securities Market3 topics
    • Purpose and scope of the booklet
    • Investor orientation for securities market participation
    • Regulators outside SEBI scope (RBI, IRDAI, PFRDA, MCA)
    Regulatory Framework for Securities Market5 topics
    • SEBI mandate and establishment under SEBI Act, 1992
    • SEBI Act, 1992 — investor protection and market regulation
    • Companies Act, 2013 — issuance and transfer of securities
    • Securities Contracts (Regulation) Act, 1956 — stock exchange recognition
    • Depositories Act, 1996 — dematerialized share ownership
    What are Securities and Securities Market?6 topics
    • Equity shares and shareholder rights
    • Debt securities (debentures and bonds)
    • Derivatives (futures and options)
    • Mutual funds as pooled investment vehicles
    • Primary market and secondary market segments
    • Role and functions of the securities market
    Primary Market and Secondary Market8 topics
    • Primary market — raising funds through new issues
    • Issuers: corporate entities and government
    • Public issue, preferential issue, rights issue and bonus issue
    • IPO — fresh issue and offer for sale
    • Follow on Public Offer (FPO)
    • Draft red herring prospectus and listing timeline
    • Demat credit and secondary market trading of allotted shares
    • Secondary market — cash market and derivatives segments
    Who are the Market Infrastructure Institutions and Market Intermediaries in the Securities Market?7 topics
    • Market Infrastructure Institutions (MIIs)
    • Stock exchanges (BSE, NSE, MSE)
    • Clearing corporations and settlement guarantee
    • Depositories (NSDL, CDSL) and Depository Participants
    • Market intermediaries — brokers, merchant bankers, RTAs and others
    • SEBI registration and intermediary norms
    • Caution against unregistered investment advisers
    Basics of Investing4 topics
    • Investment goals, objectives and risk appetite
    • Investment amount and time horizon
    • Reading company disclosures before investing
    • Approaching SEBI registered Investment Advisers
    Key Risks in Investing in Securities Market7 topics
    • Market risk (systematic risk)
    • Unsystematic risk
    • Business risk
    • Liquidity risk
    • Inflation (purchasing power) risk
    • Volatility risk
    • Currency risk
    How to Mitigate the Risk?2 topics
    • Asset allocation
    • Diversification across companies and asset classes
    Pre-requisites for Investing in Securities Market4 topics
    • Bank account
    • Trading (broking) account with SEBI registered stock broker
    • Demat account with Depository Participant
    • Three-in-one account facility
    Procedure for opening an account: Know Your Client (KYC) Process7 topics
    • KYC under Prevention of Money Laundering Act, 2002
    • Officially Valid Documents (OVD) for identity and address
    • KYC Identification Number (KIN) — one-time KYC across intermediaries
    • Precautions while filling account opening form
    • e-KYC using Aadhaar and Digi Locker
    • In-Person Verification (IPV) over video call
    • Tips — read documents, register mobile and email, no blank forms
    Basic Services Demat Account (BSDA)2 topics
    • BSDA eligibility — single demat account and holding limits
    • Annual Maintenance Charges (AMC) slabs for BSDA
    Power of Attorney4 topics
    • Purpose of PoA in securities market
    • PoA is optional and voluntary
    • Specific PoA as per SEBI guidelines
    • Revocation and reporting unauthorized transfers
    Nomination2 topics
    • Nomination facility for demat accounts
    • Nomination for mutual fund redemption proceeds
    Investment through Primary Market3 topics
    • Applying for shares during public offer
    • Issuer compliance and allotment in demat form
    • Physical vs demat holding — transfer only in demat from April 2019
    Process of investing in Primary Market3 topics
    • Application form — name, bank and demat details
    • IPO listing timeline — six working days after issue closure
    • Word of caution — read prospectus, note price and quantity
    Application Supported by Blocked Amount (ASBA)4 topics
    • ASBA mechanism — funds blocked until allotment
    • Interest on blocked amount and no refund on non-allotment
    • Collecting banks list on SEBI website
    • UPI as payment mechanism for IPO (see Annexure IV)
    Investment through Secondary Market3 topics
    • Buying and selling through SEBI registered stock broker
    • Online trading, mobile app, call and trade, and physical orders
    • Modes of order placement
    Trading Days and Trading & Settlement of trades4 topics
    • Trading days and exchange holidays
    • Pay-in and pay-out of funds and securities
    • T+2 rolling settlement cycle
    • Word of caution — trade only through registered brokers
    Contract Note4 topics
    • Contract note as evidence of trade
    • Physical and electronic (digitally signed) contract notes
    • Record of client order — physical, phone, email, internet log
    • Issuance within 24 hours and discrepancy resolution
    SMS and Email alert to Investors2 topics
    • Free SMS and email alerts for trading and demat transactions
    • Registering and updating mobile number and email with intermediaries
    Running Account Authorization3 topics
    • Running account for frequent traders
    • Voluntary, dated and revocable authorization
    • Settlement at least once in 30 or 90 days
    Trade Verification2 topics
    • Trade Verification module on exchange websites
    • Trade data available on T+1 day
    What is Margin Money?4 topics
    • Purpose of margin — mitigating non-payment and non-delivery risk
    • Forms of margin — cash, securities, FDs, bank guarantee, MF units, G-Secs
    • Pledge of securities in broker demat account from September 2020
    • Early pay-in facility for margin exemption
    Statement of Account from Stock Broker and Depository Participants3 topics
    • Periodic transaction reports from broker and DP
    • Annual statement of funds and securities as on 31 March
    • Alerts on registered mobile and email — verify unfamiliar messages
    Consolidated Account Statement (CAS)2 topics
    • Single combined statement across mutual funds and demat holdings
    • PAN registration with broker and DP for CAS
    Derivatives Market5 topics
    • Derivatives — value derived from underlying securities
    • Hedging, speculators and arbitrageurs
    • Futures contracts — standardized exchange-traded contracts
    • Options contracts — call and put options and premium
    • Caution — high risk, mainly for hedging, not recommended for retail
    Mutual Funds7 topics
    • Mutual fund pooling and SEBI registration
    • Investor types — conservative, moderate and aggressive
    • Equity schemes
    • Debt schemes
    • Hybrid schemes
    • Solution oriented schemes
    • Other schemes — index funds, sectoral funds
    How to invest in Mutual Funds?6 topics
    • KYC for mutual fund investment — physical and e-KYC
    • Scheme selection based on risk appetite and goals
    • Application forms through agents, distributors or AMC
    • Systematic Investment Plans (SIP)
    • Systematic Withdrawal Plans (SWP)
    • Systematic Transfer Plans (STP)
    Product labelling in Mutual Funds3 topics
    • Risk-o-meter labels — Low to Very High
    • Monthly evaluation and disclosure on AMC and AMFI websites
    • Objective decisions — avoid commission-driven choices
    Exchange Traded Funds (ETFs)3 topics
    • ETF definition — tracks index, commodity or basket of assets
    • Trading on stock exchange vs mutual fund NAV
    • Liquidity and lower fees compared to mutual funds
    SEBI Complaints Redress System (SCORES)4 topics
    • SCORES web portal (scores.gov.in)
    • SCORES mobile app (Android and iOS)
    • SEBI toll-free helpline — 1800 22 7575 / 1800 266 7575
    • Online complaint lodging, follow-up and status tracking
    Investor Services Cell of Stock Exchange and Depository4 topics
    • Investor Services Cells — queries and complaint resolution
    • IGRP (NSE) and IGRC (BSE, MSE) grievance panels
    • Approach intermediary first, then exchange or depository
    • Regional Investor Service Centers
    Arbitration Mechanism3 topics
    • Arbitration as quasi-judicial dispute settlement
    • Exchange arbitration when complaint resolution is unsatisfactory
    • Investor Education and Protection Fund (IEPF) — unclaimed shares and dividends
    Annexure – I Do's and Don't's of Investing/ trading in securities market5 topics
    • Do's — registered advisers, contract notes, banking channel payments, nomination
    • Do's — periodic portfolio review, updated contact details, running account settlement
    • Don'ts — unregistered brokers, blank forms, general PoA, dabba trading, hot tips
    • Don'ts — sharing passwords, Ponzi schemes, cash dealings
    • Regular monitoring — daily and monthly SMS/email from exchanges
    Annexure – II Rights and Obligations of Investors4 topics
    • Rights — Unique Client Code (UCC), KYC copy, best price, contract note, timely settlement
    • Rights — statements, settlement of accounts, charge details
    • Obligations — complete KYC, understand voluntary conditions, pay margins and settlement on time
    • Obligations — verify trades, bank and DP accounts, review contract notes
    Annexure – III Caution against Unregistered Investment Advisers5 topics
    • SEBI (Investment Advisers) Regulations, 2013
    • Definition of investment advice and financial planning
    • SEBI registration requirement and Code of Conduct
    • Malpractices — assured returns, exorbitant fees, mis-selling, trading on behalf of clients
    • Do's and Don'ts while dealing with Investment Advisers
    Annexure – IV Unified Payment Interface (UPI) in ASBA5 topics
    • UPI overview for IPO applications
    • Step A — Bidding through UPI with UPI ID on application form
    • Step B — Blocking of funds via UPI authorization
    • Step C — Payment post allocation and unblocking excess funds
    • Points to remember — SCSB list, UPI app list, Rs 2 lakh limit, retail investors only
    Annexure – V Glossary3 topics
    • Key abbreviations — AMC, ASBA, BSDA, CAS, CDSL, Demat, DP, IPO, KYC, MII, SCORES, SEBI, UCC
    • Investor awareness initiatives — SMARTs, CoTs, regional seminars, visit to SEBI
    • FAQ and online resources — SEBI, investor.sebi.gov.in, exchanges and depositories

    A few things before you start

    Choose the pack because it fits your preparation.

    Is the SEBI Investor Certification Examination itself free?

    Yes. The official SEBI Investor Certification Examination (Securities Market booklet) is completely free to register for and take, via NISM. This paid pack is optional extra mock-test practice -- it is not the official exam registration.

    How many mock tests do I get?

    You get 4 full-length mocks.

    Does the real exam have negative marking?

    No. The official SEBI Investor Certification Examination has no negative marking, and neither do these practice mocks.

    What is the passing score?

    The official exam requires 50% (25 out of 50 marks) to pass. Always verify current rules on nism.ac.in before your attempt.

    How long is my access valid?

    Purchased access is valid for 180 days from the date of purchase unless a different period is shown at checkout.

    What is the refund policy?

    We offer a 7-day money-back guarantee subject to the fair-use terms shown at checkout.

    What is the validity after purchase?

    You receive 6 months of full access.

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