If you plan to start your journey in the mutual fund business, the first step is clearing the Mutual Fund Distributor Exam . This exam is meant to check whether you truly understand how mutual funds work, how to guide investors responsibly, and how to follow the rules that protect them. Many people approach this test thinking it’s easy, but it demands a strong grasp of concepts and ethics. Let’s break down how the exam works, what the passing marks are, and the main rules you must follow. Why This Exam The concept of the Mutual Fund Distributor Exam is quite straightforward: anybody who is providing guidance to investors must be competent. Distributors are the ones who have the closest contact with the people and thus, they are the most influential in the process of investing the savings. To ensure that the process stays professional, the exam acts as a gatekeeper by confirming you have the necessary knowledge of the key topics such as the structure of mutual funds, the risks invol...