Securities Intermediaries Compliance (Fund) is the NISM-Series-III-C workbook (Taxmann, January 2026) setting the minimum knowledge benchmark for the compliance function at SEBI-registered fund-based intermediaries—Mutual Funds, AIFs, InvITs, and REITs. It serves as both the prescribed examination text and a standalone desk compendium of the statutes, regulations, codes of conduct, and SEBI frameworks a Compliance Officer relies on—read throughout under one lens: the Officer's obligations, independence, and reporting duties, never abstract law. Across two parts and seventeen chapters, Part A builds the regulatory foundation (financial system, regulators, core securities statutes, conduct rules, AML, KYC, and cross-border regulation); Part B covers the four product-specific regimes. A uniform design of Learning Objectives, numbered sections, and chapter-end review questions makes it equally suited to clearing the exam and to day-to-day compliance work.
