Most candidates prepare just enough to pass. BullWiser holds you to a harder standard — so the real NISM exam feels easy. 100 questions, 2-hour timer, chapter-wise weak area report. Free.
BullWiser's pass threshold is 70%. NISM's is 50%. Train at the harder standard so that on exam day, 50% feels like a formality.
Chapter-wise weak area report after every attempt. See which of the 12 units are costing you marks — and fix them before the real exam.
Questions weighted per official NISM March 2026 syllabus — Investor Services 15%, Scheme Selection 15%, Taxation 4%, and all 12 chapters.
Each test draws randomly from 2000+ questions. You'll never memorise the order — you'll actually learn the concepts.
2-hour countdown, question palette, flag-and-review — identical to the actual NISM interface. No surprises on the day.
Every correct answer comes with a detailed explanation citing SEBI circulars, AMFI guidelines, and regulatory specifics.
| Unit | Chapter | Marks | Questions in Bank | Weight |
|---|---|---|---|---|
| 1 | Investment Landscape | 8 | 160 | |
| 2 | Concept & Role of a Mutual Fund | 6 | 120 | |
| 3 | Legal Structure of Mutual Funds | 4 | 80 | |
| 4 | Legal & Regulatory Framework | 10 | 200 | |
| 5 | Scheme Related Information | 10 | 200 | |
| 6 | Fund Distribution & Channel Management | 6 | 120 | |
| 7 | NAV, Total Expense Ratio & Pricing | 8 | 160 | |
| 8 | Taxation | 4 | 80 | |
| 9 | Investor Services | 15 | 300 | |
| 10 | Risk, Return & Performance of Funds | 7 | 140 | |
| 11 | Mutual Fund Scheme Performance | 7 | 140 | |
| 12 | Mutual Fund Scheme Selection | 15 | 300 | |
| Total | 100 | 2000+ | 100% | |
Real feedback from NISM aspirants who cleared Series V-A using BullWiser
"Cleared NISM Series V-A on the first attempt with 78%. The 2000+ question bank is the best I found online — questions are actually close to the real exam pattern, not just textbook dumps."
"The chapter-wise score breakdown after each test is incredibly useful. I could see exactly which topics I was weak in and focus my revision. Passed with 82%."
"Free, no login needed to try, and the explanations for each answer are detailed. I practiced 10+ mock tests before my exam. Zero complaints."
"Very good mock test platform. The timer and question palette feel exactly like the real NISM interface. Helped me manage exam time much better. Would love more chapter-specific tests too."
"I tried 3 other mock test sites before BullWiser. This is the only one where questions are updated to the 2026 syllabus. Others still had old questions. Scored 76% in the real exam."
"Attempted the mock test 8 times over 2 weeks. My score went from 54% to 81%. The progress tracking kept me motivated. Cleared the real exam comfortably at 74%."
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