Ace NISM Series III-CSecurities Intermediaries Compliance (Fund) Certification
Mandatory compliance certification for fund-related securities intermediaries. Master SEBI regulations, KYC/AML obligations, internal controls, and investor protection frameworks.
Introduction to NISM Series III-C Certification
The NISM Series III-C Securities Intermediaries Compliance (Fund) Certification is a mandatory professional qualification for compliance officers and associated persons of SEBI-registered fund intermediaries. Introduced to establish professional standards in compliance functions, this certification ensures that individuals responsible for regulatory adherence in custodian banks, fund administrators, and depository participant operations possess comprehensive knowledge of SEBI regulations, KYC/AML obligations, and investor protection frameworks.
PrepCore's comprehensive NISM Series III-C mock test platform provides you with 500 practice questions covering all 5 syllabus units. With detailed explanations for every question and unlimited access for just ₹299 for 45 days, we offer the most effective preparation solution for compliance professionals.
About NISM Series III-C: Securities Intermediaries Compliance (Fund)
The compliance function in securities intermediaries is a critical pillar of investor protection and market integrity. Fund intermediaries — including custodian banks, R&T agents, depository participants operating in fund ecosystems, and fund administrators — must ensure meticulous adherence to an ever-evolving regulatory landscape spanning SEBI regulations, AMFI guidelines, KYC/AML obligations, and stock exchange norms.
SEBI Regulated Compliance
KYC/AML Expertise
Investor Protection Focus
Professional Credibility
The Role of Compliance in Fund Intermediaries
Compliance officers in fund intermediaries serve as the bridge between regulatory requirements and operational execution. They are responsible for ensuring every business activity from client onboarding (KYC) to transaction processing adheres to applicable regulations, timely submission of reports to SEBI and stock exchanges, maintenance of prescribed records, conduct of internal audits, and implementation of board-approved compliance programs.
NISM Series III-C Exam Pattern
The examination tests regulatory knowledge and compliance principles across all 5 syllabus units. Understanding the structure helps in effective time allocation during preparation and the actual exam.
Negative Marking Applied
Incorrect answers will reduce your score
Question Distribution and Approach
Questions are distributed across 5 units proportionate to their weightage. Units 2 and 3 (Legal Framework and Compliance Function, 25% each) carry the highest combined weightage of 50% and should receive the most preparation time. Unit 4 (KYC/AML, 20%) is the second priority. Units 1 and 5 (Introduction and Investor Protection, 15% each) form the remaining 30%.
Registration and Test Centers
Register online at certifications.nism.ac.in. Examinations are conducted at NISM-authorized test centers across 100+ cities in India. Examination fee is ₹1,500 + GST. Schedule examinations 7-10 days in advance from your preferred test center. Admit card available 2-3 days before the examination date.
NISM Series III-C Syllabus
The syllabus covers 5 comprehensive units spanning securities market fundamentals, the complete regulatory framework, compliance operations, KYC/AML obligations, and investor protection. Units 2 and 3 (each 25% weightage) form the core of the examination.
Study Tip: Focus on chapters with 15%+ weightage for maximum impact.
Why Choose PrepCore for NISM Series III-C Preparation?
PrepCore delivers comprehensive, exam-aligned practice questions covering every aspect of the NISM Series III-C syllabus. Our platform helps compliance professionals build regulatory knowledge systematically and confidently.
500 Regulation-Aligned Questions
Questions covering SEBI Act, Intermediaries Regulations, PMLA/KYC framework, and investor protection norms — exactly as tested in the examination.
Detailed Regulatory Explanations
Every answer includes the relevant regulation, section number, and contextual explanation so you learn the law while practicing, not just memorizing answers.
Exam-Simulated Interface
Timed mock tests with negative marking implementation, flexible navigation, and review flags — exactly replicating the NISM examination experience.
Unit-Wise Analytics
Track performance across all 5 units to identify weak areas. Focus revision on regulatory gaps before the examination date.
Unbeatable Value: ₹299 for 45 days
Unlimited access to all questions and detailed analytics for ₹299 for 45 days — significantly more affordable than any coaching class or study material bundle.
Mobile-Optimized Practice
Practice compliance regulations during commutes, lunch breaks, or anywhere. Full platform access on mobile, tablet, and desktop with progress sync.
Career Opportunities After NISM Series III-C Certification
NISM Series III-C certification opens specialized compliance and regulatory career paths in fund intermediaries, asset management companies, custodian banks, and SEBI-regulated entities. Compliance professionals are in high demand as regulatory complexity increases.
Compliance Officer – Fund Intermediary
Lead compliance function at custodian banks, R&T agents, or fund administrators. Oversee SEBI reporting, internal controls, KYC/AML programs, and regulatory audit readiness.
KYC/AML Analyst
Conduct customer due diligence, enhanced due diligence for high-risk accounts, identify suspicious transactions, and maintain AML compliance records under PMLA.
Regulatory Affairs Manager
Manage regulatory correspondence with SEBI and stock exchanges, coordinate inspection responses, track regulatory changes, and ensure timely compliance reporting.
Internal Auditor – Securities
Conduct compliance audits of fund intermediary operations, evaluate internal controls, prepare audit reports for board and regulators, and monitor remediation of audit findings.
NISM Series III-C vs III-A: Fund vs General Compliance
Understanding the difference between NISM Series III-C and III-A helps compliance professionals choose the right certification for their career path.
NISM Series III-C
NISM Series III-A
Frequently Asked Questions
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