Mutual Fund – Specialized Investment Fund Distributors

Mutual Fund – Specialized Investment Fund Distributors is the official NISM workbook for the NISM-Series-V-D Certification Examination, published by Taxmann. SIFs run long-short strategies through derivatives, so the book pairs mutual fund distribution with equity and interest rate derivatives in one volume. Its 22 chapters are mapped to the exam’s 150 marks, and each ends with sample questions, 99 in all. Calculations are worked line by line, and 50 trading, hedging and arbitrage strategies are explained. The March 2026 version is current with the SEBI (Mutual Funds) Regulations 2026, and stays useful long after the exam.