Hindi Edition of AMFI Workbook
AMFI has developed a workbook on mutual funds which is both
a textbook and a manual on the concept and working of mutual funds. Based on this workbook, a computerized test for
AMFI certification is carried out by National Stock Exchange of India (NSE) and written
test is conducted by UTI Institute of Capital Markets (UTIICM). So far more than 20,000 copies of the English
edition has been sold out.
To enable agent distributors in the Hindi belt to study and
pass the test AMFI has brought out the Hindi translation of the workbook.
Shri G. N. Bajpai, Chairman, SEBI while releasing the Hindi workbook
appreciated the initiative taken by AMFI and felt that this would greatly help the Hindi
speaking agents in the country to get themselves certified. The Hindi edition will be available from the office of the Association from
October first week onwards.
Introducing written exam in Hindi
To facilitate the Hindi speaking agent distributors to take
part in the certification programme and get themselves certified before the deadline of
March 31, 2003 AMFI will be introducing written test in bilingual with an option to answer
in Hindi or English. This will be introduced from the Second week of October.
Launch of AMFI certification course on the e-learning portal of NSE.IT
Shri G. N. Bajpai also launched the AMFI certification
course on the e-learning portal of NSE.IT known as finvarsity.This course accredited by AMFI covers both the
Basic as well as Advisors module and the courseware has been designed by professionals
associated with the mutual fund industry. Shri Bajpai mentioned that this is a very
important initiative taken by NSE.IT and that with the growing use of web based learning,
AMFI certification course would become easily accessible anytime, anywhere to the
Shri Satish Naralkar, Chief Executive Officer of NSE.IT,
which is the info tech arm of the NSE mentioned that NSE.IT has developed a e-learning
portal, www.finvarsity.com dedicated to
learning in the area of financial markets. AMFI certification course will be a part of
this. The course provides for interaction with faculty and question answer session
through e-mail/discussion boards.For effective learning the course material is presented with rich video and animation
Progress of AMFI Certification
Shri A. P. Kurian, Chairman AMFI reported that AMFI certification exam
initiated in July 2000 is being conducted by NSE through computerized test and from July
2002 through manual exam under an arrangement with UTIICM.He mentioned that till the end of August 2002, nearly 2200 employees have passed
the test and nearly 6000 agent distributors have cleared the test. Written tests
have been conducted in 34 cities and month by month programme has been drawn up to cover
all important cities.With the introduction of bilingual testing facility it is expected that large number of agents would be covered
in the coming months.Shri Kurian said that within March 31, 2003 he expects almost all the active agents would have an opportunity to
get themselves certified.
September 25, 2002