This book aims to create a common minimum knowledge benchmark for all associated individual investment advisers or principal officers of a non-individual investment adviser and persons associated with investment advice under SEBI (Investment Advisers) Regulations, 2013 and offering investment advisory services.This book covers all important topics to enhance the quality of investment advisory and related services in the financial services industry. It covers topics related to the following:[Know the Basics] of the following:o Personal Financial Planningo Time Value of Moneyo Evaluating Financial Position of Clientso Debt Management & Loans[Understand the Indian Markets] for Finance and Securities segments.[Get Oriented to Different Investment Products] such as:o Equityo Debto Derivativeso Managed Portfolios such as mutual funds, portfolio management services and alternative investment funds[Knowledge] about the portfolio construction, performance monitoring and evaluation[Understand] about the operational aspects of investment management, key regulations, ethical issues of investment advisers and grievance redressal systemThe Present Publication is the July 2021 workbook version, published exclusively by Taxmann for NISM Certification Examination X-A | Investment Adviser (Level 1), with the following contents:Personal Financial Planningo Introduction to Personal Financial Planningo Time Value of Moneyo Evaluating the Financial Position of Clientso Debt Management and LoansIndian Financial Marketso Introduction to the Indian Financial Marketso Securities Market SegmentsInvestment Productso Introduction to Investmento Investing in Stockso Investing in Fixed Income Securitieso Understanding DerivativesInvestment through Managed Portfolioso Mutual Fundso Portfolio Managero Overview of Alternative Investment Funds (AIFs)Portfolio Construction, Performance Monitoring and Evaluationo Introduction to Modern Portfolio Theoryo Portfolio Construction Processo Portfolio Performance Measurement and EvaluationOperations, Regulatory Environment, Compliance and Ethicso Operational Aspect of Investment Managemento Key Regulationso Ethical Issueso Grievance Redressal MechanismAbout the AuthorNational Institute of Securities Markets | An Educational Initiative of SEBINISM is a leading provider of high-end professional education, certifications, training and research in financial markets. NISM Certification programs aim to enhance the quality and standards of professional employees in various segments of the financial services sector. NISM's School of Certification of Intermediaries (SCI) develops and conducts certification examinations and Continuous Professional Education (CPE) programs that aim to ensure that professionals meet the defined minimum common knowledge benchmark for various critical market functions like:Mutual FundsEquitiesDerivativesSecurities OperationsComplianceResearch AnalysisInvestment AdviceThese Certifications and CPE Programs are being developed and administered by NISM as mandated under 'Securities and Exchange Board of India (Certification of Associated Persons in the Securities Market) Regulations, 2007'. The Certifications creates quality market professionals and catalyzes greater investor participating in the markets. Certifications also provides structured career paths to students and job aspirants in the securities market.