Naveen Arya

Founder, ScoreSetu · 10 years in equity research

I have spent 10 years in equity research, and I founded ScoreSetu. I write the exam guidance you will find on this site and I built its question bank — 2,836 questions across 4 NISM certifications, each one carrying a written explanation rather than just an answer key.

That work covers a lot of the ground these exams test — valuation, financial analysis, mutual funds and the distribution rules around them, equity derivatives, and the SEBI regulations that sit under all of it. I have studied each of these syllabuses closely, and I keep working through the official workbooks as NISM revises them, because the details that decide a pass mark are the ones that change quietly between editions.

Everything here is organised the way the exams are: by the chapters of the official NISM workbooks, ordered by the weightage NISM publishes for each. Where a post states a pass mark, a fee or a rule, it has been checked against nism.ac.in rather than repeated from another site — that detail changes between exams and between years, and getting it wrong costs a candidate real money.

If something on this site is wrong, I would rather know. info@scoresetu.in reaches me.

What I write about

NISM Series XV: Research Analyst

For research analysts — mandatory under SEBI's RA Regulations

NISM Series XII: Securities Markets Foundation

Foundation course — the best place to start

NISM Series V-A: Mutual Fund Distributors

For mutual fund distributors — required to get your ARN

NISM Series VIII: Equity Derivatives

For dealers and sales staff in the F&O segment

Recent articles

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ScoreSetu is owned and operated by Primetrade Technologies Private Limited. It is an independent exam-preparation platform and is not affiliated with NISM or SEBI.