The mutual funds are said to be the amount collected by a number of small scale investors, so as to make an investment for appropriate fund management. The students can now get more aware of the knowledge about the mutual funds, use of the mutual funds as well as the ways to make investments in mutual funds. The online NIFM is a renowned institution offering its clients with several beginners level as well as advanced level courses. The students are facilitated with online classes, as they follow the techniques of e-learning. They not only offer courses associated with management, computer, tally, etc. The classes are provided with the help of web conference, audio recordings, video recordings, smart classes, etc. The mutual funds advanced module course is a short duration course for 3 months. This course generally aims to provide detailed information about the mutual funds. This is the course meant for mastering in mutual funds. This advanced level course prepares the students for the mutual funds NCFM certification. The question bank of the mutual funds test can also be accessed online using specific internet browser, computer software associated with e-learning. The mutual funds question paper is prepared in such a way that it covers the important topics of the course. The students have to essentially get 60%marks, so as to get passed. There is a negative marking of every incorrect answer. The duration of the test is two hours, i.e. for 120 minutes. Some of the topics covered for preparation of mutual funds test paper include perspectives of mutual funds, valuation of investment by the schemes of mutual funds, mutual fund accounting, investment in mutual funds through exchange, mutual fund taxation, etc. The students can learn about the mutual funds in detail with this course.