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SBI MF, NISM tie-up for MF distributor certification

This alliance will also allow SBI to reach out to a wider set of prospective mutual fund investors in small cities and towns thereby further expanding the reach

May 20, 2013 3:10 IST | India Infoline News Service
SBI Mutual Fund has tied up with National Institute of Securities Markets (NISM) for conducting mutual fund distributors’ (MFD) certification examinations at select learning centers (SLCs).

Through this alliance, SBI aims to achieve the objective of increased acceptance of mutual fund schemes amongst bank’s customers.

This alliance will also allow SBI to reach out to a wider set of prospective mutual fund investors in small cities and towns thereby further expanding the reach.

NISM is an institute established by the Securities and Exchange Board of India to undertake securities markets education and research.

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