Securities Markets Foundation book by National Institute of Securities Markets

This book is a comprehensive guide to the Indian securities markets, designed to provide basic knowledge and understanding of the subject. It covers key topics such as:

Basics of Indian Securities Markets
Processes involved in Primary & Secondary markets
Schemes and products in Mutual Funds and Derivatives Markets in India
Financial Planning Process
The book is particularly tailored for entry-level professionals aiming for a career in securities markets and individuals from various backgrounds, such as employees in securities, other professionals, students, homemakers, and teachers, who are keen on acquiring a basic understanding of the Indian Securities markets.

The Present Publication is the November 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination XII | Securities Markets Foundation, with the following noteworthy features:

[Know] the following:
Basics of the Indian Securities Market
Various Processes Involved in Primary and Secondary Markets
[Understand] the Schemes and Products in Mutual Funds and Derivatives Markets
The detailed contents of the book are as follows:

Understanding Securities Markets and Performance
This chapter introduces the concept of securities markets, detailing their structure and the various participants involved
It explores the role of securities markets in the financial ecosystem
A special focus is given to the technological advancements that have impacted the securities market
Securities: Types, Features and Concepts of Asset Allocation and Investing
An extensive overview of the different types of securities available in the market
It discusses the choices between equity and debt financing for issuers and the characteristics and roles of each
The chapter delves into hybrid instruments, commodities as an asset class, and derivatives
It also covers asset allocation, diversification, and the investment process in both equity and debt securities
Primary Markets
This chapter defines primary markets and their functions, comparing them with secondary markets
It outlines the various intermediaries, types of issues, issuers, and investors in the primary market
Regulatory frameworks, public issue processes for equities and debt securities, and private placements are also discussed
Secondary Markets
Focuses on the role and function of secondary markets and the different types available for various securities
Details the market structure, participants, brokers, trade execution, clearing, and settlement of trades
It also touches upon market information and regulation, risk management systems, and trading and reporting for debt securities
Mutual Funds
Provides a detailed explanation of mutual funds, their types, and related terms and concepts
Differentiates between open-ended and closed-ended mutual fund schemes
Discusses investment approaches, processes for investing in mutual funds, and systematic transactions
It also includes information on the benefits, costs, regulations, and investor service standards in mutual funds
Derivatives Markets
Covers the basics of derivatives, underlying concepts, and the various types of derivative products
Explores the structure of derivative markets, trading and settlement processes, and risk management
Concludes with the application of derivatives in risk management and market indicators