NISM Essentials / Series XII

NISM Series XII

Securities Markets Foundation, learned the lean way.

₹499₹69929% off

NISM Series XII is a voluntary foundation certification for anyone who wants to build basic knowledge of Indian securities markets. It covers securities market structure, participants, primary markets, secondary markets, mutual funds, derivatives and the related rules and regulations. Essentials turns the full syllabus into mapped notes, practice questions and mocks, so you can prepare without the clutter.

300+ questions

Practice across securities markets, primary markets, secondary markets, mutual funds and derivatives.

5 mocks

Three to clear and two bonus, built around the exam rhythm.

6 chapters mapped

The full Securities Markets Foundation syllabus organised by chapter and weightage.

Self-paced

Built for beginners and busy schedules, study whenever it fits.

Why NISM Essentials

Lean prep for market foundations

Built for entry-level learners, focused on the exam, and heavy on practice.

300+ questions

Chapter-wise practice questions to reinforce concepts as you learn them, not just at the end.

5 mocks

Five full-length mocks, three to clear and two bonus, so the real exam feels familiar.

Foundation-first

Aligned to the XII syllabus, including market structure, securities, primary market, secondary market, mutual funds and derivatives.

Time-smart

Trimmed to exactly what you need, so you spend less time searching and more time preparing.

The syllabus

Every chapter, mapped to the exam

Open a chapter to see what it covers and what you should be able to do by the end.

01Understanding Securities Markets and Performance10%
What it covers
Securities markets
Securities and their features
Securities market structure and participants
Role of securities markets in capital allocation
Technological advancements in the securities market
By the end

Understand how securities markets work, who participates in them and why they matter in capital formation.

02Securities: Types, Features, Asset Allocation and Investing20%
What it covers
Securities available in the securities market
Choice between equity and debt financing for issuers
Characteristics and role of equity capital
Characteristics and role of debt securities
Choosing between debt and equity investment avenues
Hybrid instruments
Commodities as an asset class
Derivatives
Asset allocation and diversification
Factors underlying the investment process
Equity investing: price and value
Equity investing process
Debt securities and debt investing process
By the end

Compare major securities, understand their risk-return traits and connect them to asset allocation decisions.

03Primary Markets20%
What it covers
Primary market definition and functions
Primary versus secondary markets
Intermediaries in primary market
Types of issues, issuers and investors
Regulatory framework for primary markets
Public issue of equity shares
Pricing a public issue of shares
Public issue process of equities
Prospectus and applying to a public issue
Listing of shares
Rights issue of shares
Public issue process for debt securities
Private placements in equity and debt
By the end

Know how issuers raise capital, how public issues work and what role intermediaries and regulations play.

04Secondary Markets20%
What it covers
Role and function of the secondary market
Types of secondary markets for different securities
Market structure and participants
Brokers and client acquisition
Trade execution
Clearing and settlement of trades
Trading and settlement process from investor point of view
Market information and regulation
Risk management systems
Rights, obligations and grievance redressal
Secondary market trading and reporting for debt securities
By the end

Understand trading, settlement, market participants, investor rights and how secondary markets create liquidity.

05Mutual Funds20%
What it covers
Meaning and description of a mutual fund
Terms and concepts related to mutual funds
Types of open-ended mutual fund products
Types of closed-ended mutual fund schemes
Active and passive investment approaches
Processes for investing in mutual funds
Systematic transactions
Switches
Reading mutual fund information
Benefits and costs of investing in mutual funds
Regulation of mutual funds
Investor service standards
Specialized Investment Fund
By the end

Build a foundation in mutual fund products, investing process, costs, regulation and investor servicing.

06Derivative Markets10%
What it covers
Derivatives
Underlying concepts in derivatives
Types of derivative products
Structure of derivative markets
Trading and settlement process for equity futures and options
Risk management in derivative markets
Application of derivatives products in risk management
Market indicators
By the end

Understand the basics of derivative products, market structure, trading, settlement and risk-management use cases.

The study toolkit

Four ways you learn it

Every chapter is covered four ways, so securities market basics stay exam-ready.

01

Playbooks

Chapter-wise visual playbooks for securities markets, primary markets, secondary markets, mutual funds and derivatives.

02

Sprint notes

Fast sprint recaps with tables, frameworks and revision cues to lock everything in before exam day.

03

Practice questions

Over 300 chapter-wise practice questions that reinforce market structure, instruments, trading, mutual funds and derivatives as you go.

04

Mock papers

Five full-length mock papers, three to clear and two bonus, that mirror the Series XII exam rhythm.

Don’t study harder. Study the mapped syllabus.

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Proof, not promises

Learners who moved faster

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Securities markets finally stopped feeling scattered. The primary, secondary, mutual fund and derivatives units were mapped in one flow.

AM Aarav MehtaFOUNDATION LEARNER

I was new to finance, so the basics mattered. The course made securities, participants and regulators easier to remember.

RM Riya MenonBEGINNER TRACK

The unit-wise practice helped me revise Primary Markets and Secondary Markets without jumping across the workbook.

KS Karan ShahMARKETS PREP

Mutual funds and derivatives were intimidating earlier. The mapped notes made both sections much cleaner.

NP Nisha PatilSTUDENT LEARNER

I liked that the course did not assume prior knowledge. It starts from securities and builds towards market processes.

IR Ishan RaoENTRY LEVEL

The mocks gave me confidence because the question mix covered all six units properly.

MJ Meera JainCERTIFICATION PREP

The revision sheets helped me remember the high-weight chapters: securities types, primary markets, secondary markets and mutual funds.

DK Dev KhannaFOUNDATION DESK