Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
A REPORT ON DESCRIPTIVE STUDY OF MUTUAL FUNDS AND ST INVESTORS PERCEPTION ABOUT INVESTMENT IN MUTUAL F
Undertaken at
ANANDRATHI SHARES AND STOCK BROKERS LTD. Gurudham crossing, Varanasi.
Master your semester with Scribd Submitted By & The New York Times TANUJ Special offer for students: OnlyKUMAR $4.99/month. PGIRM/04/34
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
STUDENT’S DECLARATION
I, Tanuj Kumar, student of PGDM (IRM), here by declare that project e “ Des Descr crip ipti tive ve Stud Studyy of Mu Mutu tual al Fu Fund ndss and and Stud Studyy of Inve Invest stors ors Be Beha ha Investmen Investmentt in Mutual Mutual Funds Funds” submitted in the partial fulfillment of m accurate work. I further declare that all the facts and figures furnished in this project report outcome of my own intensive research and findings.
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
STUDENT’S DECLARATION
I, Tanuj Kumar, student of PGDM (IRM), here by declare that project e “ Des Descr crip ipti tive ve Stud Studyy of Mu Mutu tual al Fu Fund ndss and and Stud Studyy of Inve Invest stors ors Be Beha ha Investmen Investmentt in Mutual Mutual Funds Funds” submitted in the partial fulfillment of m accurate work. I further declare that all the facts and figures furnished in this project report outcome of my own intensive research and findings.
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
ACKNOWLEDGEMENT
“Expression of feelings by words makes them less significant when it co make statement of gratitude”
It gives me pleasure to express my most profound regards and sense o indebt indebtedn edness ess and sincer sinceree gratit gratitude ude to my Compan Company y Guide Guide Mr. Ashis Ashis (Branch Manager, AnandRathi Shares and Stock brokers ltd. Gurudham cr Varanasi).
I would thank to my mentor Mr. Pawan Shukla (AnandRathi shares and brokers ltd., Gurudham, VNS) for his guidance in preparing this report
I would thank to my project mentor Ms. Supriya Ashoka for his guida preparing this report. I would also like to thank my co employees who gave guidance and support the completion of the project.
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
CONTENTS CHAPTER 1
1.0 1.1
Summary Company Profile
CHAPTER 2
2.0 INTRODUCTION
2.1 Overview of Indian Mutual Fund Industry 2.2 About Mutual Funds 2.3 How Mutual Funds is Structured 2.4 Mutual Funds History 2.5 Types of Mutual Funds 2.6 Mutual Funds v/s Banks 2.7 Benefits of Investment in Mutual Funds 2.8 Accounting and Valuation CHAPTER 3
You'rePLAYERS Reading a Preview 3.0 MAJOR Unlock full access with a free trial.
3.1 About major Mutual Funds Companies 3.2 Competition Mutual Fund Industry DownloadinWith Free Trial CHAPTER 4
4.0 OBJECTIVES AND METHODOLOGY
4.1 Significance of the Study Master your semester 4.2 with Scribd Read Free Foron 30this Days Managerial Usefulness of the Study Sign up to vote title & The New York Times4.3 Objectives Useful Not useful Special offer for students: Only $4.99/month.4.4
Scope of the Study 4.5 Methodology
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
SUMMARY
Indian Stock market has undergone tremendous changes over th Investment in Mutual Funds has become a major alternative among Investo project has been carried out to have an overview of Mutual Fund Industry understand investor’s perception about Mutual Funds in the context of their preference, explore investor’s risk perception & find out their preference ov Mutual funds.
The methodology used was data collection using Schedule. Seconda was collected from Internet and Books. Primary Data was collected through among existing clients along with the other investors. The procedure adop select sample was simple random sampling
The research design is analytical in nature. A questionnai prepared and distributed to Investors. The investor’s profile is based on the of a questionnaire that the Investors completed. The Sample consists investors from various broker’s premises. The target customers were Investo are trading in the stock market. The area of survey was restricted to people r You're Reading a Preview in Varanasi. Unlock full access with a free trial.
COMPANY PROFILE Download With Free Trial
ORGANIZATION HISTORY
Company with Profile Scribd Master your semester Milestones & The New YorkAR Times Core Strengths • • •
Special offer for students: Only $4.99/month. •
Management Team
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
The firm's philosophy is entirely client centric, with a clear focus on providin term value addition to clients, while maintaining the highest stan excellence, ethics and professionalism. The entire firm activities are divided distinct client groups: Individuals, Private Clients, Corporate and Institutio was recently ranked by Asia Money 2006 poll amongst South Asia's top 5 managers for the ultra-rich. In year 2007 Citigroup Venture Capital International joined the group as a partner. Equity & Derivatives Brokerage
AnandRathi shares and stock brokers ltd. provides end-to-end solutions to institutional and individual investors. Consistent delivery of high advice on individual stocks, sector trends and investment strategy has establ a competent and reliable research unit across the country.
Clients can trade through us online on BSE and NSE for both equi derivatives. They are supported by dedicated sales & trading teams in our You're Reading a Preview ideas can be accessed by desks across the country. Research and investment either through their designated dealers, web Unlock full accessemail, with a free trial. or SMS Milestones
Download With Free Trial
1994: Started activities in consulting and Institutional equity sales with staff
1995: Set up a research desk and empanelled with major institutional investo
Master your semester with Scribd 1997: Introduced investment banking & The New York Times launched Special offer for students: Only $4.99/month.
Read Free For 30this Days Sign up to vote on title businesses. Retail brokerage
Useful
Not useful
Cancel anytime.
1999: Lead managed first IPO and executed first M & A deal
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
launched and senior research team put in place, Retail Branch network e across 100 locations within India.
2005: Real Estate Private Equity Fund Launched, Retail Branch network e across 200 locations within India.
2006: AR Middle East, WOS acquires membership of Dubai Gold & Com Exchange (DGCX) , Ranked amongst South Asia's top 5 wealth managers ultra-rich by Asia Money 2006 poll, Ranked 6th in FY2006 for All India B Performance in equity distribution in the High Net worth Individua Category, Ranked 9th in the Retail Category having more than 5% market Completes its presence in all States across the country with offices locations within India
2007:Citigroup Venture Capital International picks up 19.9% equity stake , customer base crosses 100 thousand, Establishes presence in over 350 locatio
AR Core Strengths You're Readingof a Preview Breadth Services Unlock full access with a free trial.
In line with its client-centric philosophy, the firm offers to its clients the spectrum of financial services ranging brokerage services in equiti Download Withfrom Free Trial commodities, distribution of mutual funds, IPO’s and insurance produc estate, investment banking, merger and acquisitions, corporate fina corporate advisory. Clients deal with a relationship manager who leverages and Master your semester with Scribd together the product specialists from across theRead firm tovote create an Free For 30this Days Sign up to on titleoptimum so to the clientTimes needs. & The New York Useful Not useful Special offer for students: Only $4.99/month.
Management Team
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Management Team
The senior Management comprises a diverse talent pool that brings togeth experience from across industry as well as financial services.
Mr. Anand Rathi - Group Chairman Chartered Accountant Past President, BSE Held several Senior Management positions with one of India's largest ind groups Mr. Pradeep Gupta - Vice Chairman Plus 17 years of experience in Financial Services Mr. Amit Rathi - Managing Director Chartered Accountant & MBA Plus 11 years of experience in Financial Services You're Reading a Preview
ACQUISITION: ANZ Grind lays
Unlock full access with a free trial.
Download With Trial : $ 1.34 bnFree from August 2000.
Hong Kong Consumer Bank
: $ 1.32 bn
Thailand Nakornthan Bank : $ 320 million Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title Indonesians Bank Per-Mata : $ 366 million from Oct. 2004. & The New York Times Useful Not useful Special offer for students: Only $4.99/month.
Korea First Bank
Cancel anytime.
: $ 3.3 bn from Apr. 2005.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
In India where ANANDRATHI SHARES AND STOCK BROKERS present in 21 STATES: Andhra Pradesh Assam Bihar Chhattisgarh Delhi Goa Gujarat Haryana Jammu & Kashmir Jharkhand Karnataka Kerala Madhya Pradesh Maharashtra Orissa Punjab Rajasthan Tamil Nadu Uttar Pradesh Uttaranchal West Bengal
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd & The New York LIST OFTimes PRODUCTS : Special offer for students: Only $4.99/month.
Demat Accounts
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
MISSION To be India's first Multinational providing complete financial services so across the globe VISION Providing integrated financial care driven by the relationship of tr confidence. INTRODUCTION
Investment in share markets are influenced by the analysis & rea which help in predicting the market to some extent. Over the past years a n of technical & theories for analysis have evolved, these combined with m technology guides the investor. The big players in the market, like Institutional Investors, Mutual Funds, etc. have the expertise for various ana tools & make use of them. The small investors are not in a position to benef the market the way Mutual Funds can do. Generally a small investor’s inves You're Reading a Preview are based on market sentiments, inside information, through grapevine Unlockdepend full access with free trial. intuition. The small investors ona brokers and brokerage house investments. They can invest through the Mutual Funds who are more exper With Free Trial and expert in this field than aDownload small investor himself.
In recent years a large number of players have entered into his m The project has been carried out to have an overview of Mutual Fund Indus to understand investor’s perception about Mutual Funds in the context o Master your semester with Scribd trading preference, explore investor’s risk perception & find out Read Free Foron 30this Days Sign up to vote title their pref overYork Top Mutual & The New Times Not useful Useful Cancel anytime. Special offer for students: Only $4.99/month.
INDUSTRY PROFILE
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
A little history: The mutual fund industry started in India in a small way w UTI Act creating what was effectively a small savings division within th Over a period of 25 years this grew fairly successfully and gave investors return, and therefore in 1989, as the next logical step, public sector ban financial institutions were allowed to float mutual funds and their emboldened the government to allow the private sector to foray into this are initial years of the industry also saw the emerging years of the Indian market, when a number of mistakes were made and hence the mutu schemes, which invested in lesser-known stocks and at very high levels, b loss leaders for retail investors. From those days to today the retail invest whom the mutual fund is actually intended, has not yet returned to the indus big way. But to be fair, the industry too has focused on brining in the large in so that it can create a significant base corpus, which can make the retail in feel more secure.
The Indian MF industry has Rs 5.67 lakh crore of assets management. As per data released by Association of Mutual Funds in I the asset base of all mutual fund combined has risen by 7.32% in Apri Reading a Preview first month of the currentYou're fiscal. As of now, there are 33 fund ho the country including 16 Unlock joint fullventures and 3 wholly owned foreig access with a free trial. managers. According to a recent McKinsey report, theTrial total AUM of the Indian m Download With Free fund industry could grow to $350-440 billion by 2012, expandin annually. While the revenue and profit (PAT) pools of Indian AMCs are p at $542 million and $220 million respectively, it is at par with fund h in developed economies. Operating profits for AMCs in India, as a perce Master your semester with Scribd in 20 of average assets under management, wereRead atupFree 32 basis points For 30this Days Sign to vote on title while the number Germany and 18 bps in th & The New York Timeswas 12 bps in UK, 17 bpsinUseful Not useful Cancel anytime. in theOnly same time frame. Special offer for students: $4.99/month.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
An Act of Parliament established Unit Trust of India (UTI) on 1963. It was by the Reserve Bank of India and functioned under the Regula administrative control of the Reserve Bank of India. In 1978 UTI was defrom the RBI and the Industrial Development Bank of India (IDBI) took regulatory and administrative control in place of RBI. The first scheme launc UTI was Unit Scheme 1964. At the end of 1988 UTI had Rs.6,700 crores of under management. Second Phase – 1987-1993 (Entry of Public Sector Funds)
1987 marked the entry of non- UTI, public sector mutual funds set up by sector banks and Life Insurance Corporation of India (LIC) and General Ins Corporation of India (GIC). SBI Mutual Fund was the first non- UTI Mutua established in June 1987 followed by Can bank Mutual Fund (Dec 87), National Bank Mutual Fund (Aug 89), Indian Bank Mutual Fund (Nov 89), India (Jun 90), Bank of Baroda Mutual Fund (Oct 92). LIC established its fund in June 1989 while GIC had set up its mutual fund in December 1990.
At the end of 1993, the mutual industry had assets under managem You're fund Reading a Preview Rs.47,004 crores. Unlock full access with a free trial.
Third Phase – 1993-2003 (Entry of Private Sector Funds) Download With Free Trial
With the entry of private sector funds in 1993, a new era started in the mutual fund industry, giving the Indian investors a wider choice of fund fa Also, 1993 was the year in which the first Mutual Fund Regulations cam Master your semester with Scribd being, under which all mutual funds, except UTI were to be regist Read Free Foron 30this Days Sign up to vote title governed. The erstwhile Kothari Pioneer (now merged with FranklinTem & The New York Times Useful Not useful was the first private sector mutual fund registered inCancel Julyanytime. 1993. Special offer for students: Only $4.99/month.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
The second is the UTI Mutual Fund Ltd, sponsored by SBI, PNB, BOB and is registered with SEBI and functions under the Mutual Fund Regulations. W bifurcation of the erstwhile UTI which had in March 2000 more than Rs. crores of assets under management and with the setting up of a UTI Mutua conforming to the SEBI Mutual Fund Regulations, and with recent mergers place among different private sector funds, the mutual fund industry has ente current phase of consolidation and growth. As at the end of September, 2004 were 29 funds, which manage assets of Rs.153108 crores under 421 schemes
ECONOMIC ENVIRONMENT GROWTH OF MUTUAL FUND INDUSTRY IN INDIA
While the Indian mutual fund industry has grown in size by about 320% March, 1993 (Rs. 470 billion) to December, 2004 (Rs. 1505 billion) in te AUM, the AUM of the sector excluding UTI has grown over 8 times from R billion in March 1999 to $ 148 billion as at March You'reinReading a Preview Though India is a minor player the global mutual fund industry, its AU proportion of the global AUM has steadily increased and has doubled o Unlock full access with a free trial. levels in 1999. Download With Free Trial
The growth rate of Indian mutual fund industry has been increasing for the l years. It was approximately 0.12% in the year of 1999 and it is noticed 0.2 2004 in terms of AUM as percentage of global
Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title Some facts for the growth of mutual funds in India & The New York Times Useful Not useful Special offer for students: Only $4.99/month.
100% growth in the last 6 years.
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
SEBI allowing the MF's to launch commodity mutual funds.
Emphasis on better corporate governance.
Trying to curb the late trading practices.
Introduction of Financial Planners who can provide need based advice
Recent trends in mutual fund industry
The most important trend in the mutual fund industry is the aggressive expan the foreign owned mutual fund companies and the decline of the companies by the nationalized banks and smaller private sector players.
Many nationalized banks got into the mutual fund business in the early ninet got off to a start due to the stock market boom was prevailing. These banks really understand the mutual fund business and they just viewed it as anoth You're Reading astaff Preview of banking activity. Few hired specialized and generally chose to transf from the parent organizations. The performance of most of the schemes floa Unlock full access with a free trial. these funds was not good. Some schemes had offered guaranteed returns an parent organizations had to bail out these by paying large amounts of Download WithAMCs Free Trial as a difference between the guaranteed and actual returns. The service level also very bad. Most of these AMCs have not been able to retain staff, flo schemes etc.
Master your semester with Scribd TECHNOLOGICAL ENVIRONMENT & The New York Times IMPACT OF TECHNOLOGY Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
•
Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Systematic withdrawal and deposit facility.
ONLINE MUTUAL FUND TRADING
The innovation the industry saw was in the field of distribution to make i easily accessible to an ever increasing number of investors across the count the first time in India the mutual fund start using the automated trading, c and settlement system of stock exchanges for sale and repurchase of open de-materialized mutual fund units.
Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP options introduced which have come in very handy for the investor to ma their returns from their investments. SIP ensures that there is a regular inve that the investor makes on specified dates making his purchases to spre reducing the effect of the short term volatility of markets. SWP was desig ensure that investors who wanted a regular income or cash flow fr You're Reading a Preview investments were able to do so with a pre-defined automated form. Today t Unlock access with ato free trial. facility has come in handy for thefullinvestors reduce their taxes. Download With Free Trial
LEGAL AND POLITICAL ENVIRONMENT ASSOCIATION OF MUTUAL FUNDS IN INDIA (AMFI)
Master your semester with Scribd Free Foraon 30need Days Sign to vote this title for mutu With the increase in mutual fund players Read in up India, & The New York Times useful Usefulas association in India was generated to function a Not non-profit orga Special offer for students: Only $4.99/month. Association of Mutual
Cancel anytime.
Funds in India (AMFI) was incorporated on 22 nd 1995. AMFI is an apex body of all Asset Management Companies (AMC),
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
the fund viewpoint was heard. Today, it is usually the body that is consu matters long before regulations are framed, and it often initiates many reg changes that prevent malpractices that emerge from time to time.
AMFI works through a number of committees, some of which are committees to address areas where there is a need for constant vi improvements and other which are adhoc committees constituted to specific issues. These committees consist of industry professionals from amo member mutual funds. There is now some thought that AMFI should bec self-regulatory organization since it has worked so effectively as an industry OBJECTIVES:
To define and maintain high professional and ethical standards in all area operation of mutual fund industry
To recommend and promote best business practices and code of conduct followed by members and others engaged in the activities of mutual fund and management including agencies connected or involved in the field of capital You're Reading a Preview markets and financial services.
Unlock full access with a free trial.
To interact with the Securities and Exchange Board of India (SEBI) represent to SEBI on all matters concerning theTrial mutual fund industry. Download With Free
To represent to the Government, Reserve Bank of India and other bodies matters relating to the Mutual Fund Industry.
Master yourTosemester with Scribd develop a cadre of well trained Agent distributors and to implement a Read Free Foron 30this Days Sign up to vote title programme of training and certification for all intermediaries and other engag & The New York Times Useful Not useful the industry.
Special offer for students: Only $4.99/month.
Cancel anytime.
To undertake nationwide investor awareness programme so as to p
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
o
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
1. Canara Robeco Asset Management Company Limited 2. SBI Funds Management Private Limited 2. Others 1. Baroda Pioneer Asset Management Company Limited 2. UTI Asset Management Company Ltd Institutions 1. o
LIC Mutual Fund Asset Management Company Limited
Private Sector
1. Indian 1. Benchmark Asset Management Company Pvt. Ltd. 2. DBS Cholamandalam Asset Management Ltd. 3. Deutsche Asset Management (India) Pvt. Ltd. 4. Edelweiss Asset Management Limited 5. Escorts Asset Management Limited 6. IDFC Asset Management Company Private Limited 7. JM Financial Management You'reAsset Reading a Preview Private Limited 8. Kotak Mahindra Asset Management C Unlock full access with a free trial. Limited(KMAMCL) 9. QuantumDownload Asset Management Co. Private Ltd. With Free Trial 10.Reliance Capital Asset Management Ltd. 11.Sahara Asset Management Company Private Limited 12.Tata Asset Management Limited 13.Taurus Asset Management Company Limited Master your semester with Scribd 2. Foreign Read Free Foron 30this Days Sign up to vote title 1. AIG Global Asset Management Company (India) Pvt. Ltd & The New York Times Not useful Useful Cancel anytime. 2. FIL Fund Management Private Limited Special offer for students: Only $4.99/month. 3. Franklin Templeton Asset Management (India) Private Li
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
0
2.4K views
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
Sheet Music
3. 4. 5. 6. 7. 8.
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
HSBC Asset Management (India) Private Ltd. ING Investment Management (India) Pvt. Ltd. JPMorgan Asset Management India Pvt. Ltd. Lotus India Asset Management Co. Private Ltd. Morgan Stanley Investment Management Pvt.Ltd. Principal Pnb Asset Management Co. Pvt. Ltd.
REGULATORY MEASURES BY SEBI
Like Banking & Insurance up to the nineties of the last century, Mutua industry in India was set up and functioned exclusively in the state mon represented by the Unit Trust of India. This monopoly was diluted in the e by allowing nationalized banks and insurance companies (LIC & GIC) to their institutions under the Indian Trusts Act to transact mutual fund bu allowing the Indian investor the option to choose between differen providers. Unit Trust was a statutory corporation governed by its own incorp act. There was no separate You're regulatory authority Reading a Previewup to the time SEBI was m statutory authority in 1992. but it was only in the year 1993, when a gover Unlock full access with a free trial. took a policy decision to deregulate Indian Economy from government cont to transform it market oriented, that the industry was opened to competiti Download With Free Trial private and foreign players. By the year 2000 there came to be established market 34 mutual funds offerings a variety of about 550 schemes. SECURITIES AND EXCHANGE BOARD OF INDIA (MUTUAL your semester1996 with Scribd REGULATIONS, Read Free For 30 Days
Master Sign up to vote on this title & The New York Times Useful Not useful The fast growing industry is regulated by Securities and Exchange Board o Special offer for students: Only $4.99/month.
Cancel anytime.
(SEBI) since inception of SEBI as a statutory body. SEBI initially form
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
The SEBI mutual fund regulations contain ten chapters and twelve sche Chapters containing material subjects relating to regulation and conduct of b by Mutual Funds.
REGISTRATION OF MUTUAL FUND: Application for registration
1. An application for registration of a mutual fund shall be made to the Bo Form A by the sponsor. Application fee to accompany the application
2. Every application for registration under regulation 3 shall be accompan nonrefundable application fee as specified in the Second Schedule. Application to conform to the requirements You're Reading a Preview
3. An application which is not complete in all respects shall be liable to be re Unlock full access with a free trial.
Provided that, before rejecting any such application, the applicant shall be g opportunity to complete such formalities within Download With Free Trialsuch time as may be speci the Board. Furnishing information
Master your semester Scribd 4. The Board maywith require the sponsor to furnish such further informat Read Free Foron 30this Days Sign up to vote title clarification as may be required by it. & The New York Times Useful Not useful Special offer for students: Only $4.99/month.
Eligibility criteria
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
0
2.4K views
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
years; and (ii) The networth is positive in all the immediately preceding five years; and (iii ) the networth in the immediately preceding year is more than the capital
contribution of the sponsor in the asset management company; and
(iv) The sponsor has profits after providing for depreciation, interest and three out of the immediately preceding five years, including the fifth year;
(b) In the case of an existing mutual fund, such fund is in the form of a trust a trust deed has been approved by the Board;
(c) The sponsor has contributed or contributes at least 40% to the net worth asset management company:
Provided that any person who holds 40% or more of the net worth of an asse
management company shall be deemed to be a sponsor and will be requ You're Reading a Preview fulfill the eligibility criteria specified in these regulations; Unlock full access with a free trial.
(d ) the sponsor or any of its directors or the principal officer to be employed mutual fund should not haveDownload been guilty of fraud With Free Trial or has not been convicte offence involving moral turpitude or has not been found guilty of any eco offence;
(e) appointment of trustees to act as trustees for the mutual fund in accordan your semester Scribd the provisions of thewith regulations;
Master Read Free Foron 30this Days Sign up to vote title & The New York Times Useful Not useful ( f ) appointment of asset management company to manage the mutual fu Special offer for students: Only $4.99/month.
Cancel anytime.
operate the scheme of such funds in accordance with the provisions
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
9. The Board may register the mutual fund and grant a certificate in Form B applicant paying the registration fee as specified in Second Schedule. Terms and conditions of registration
10. The registration granted to a mutual fund under regulation 9, shall be sub the following terms and conditions:
(a) the trustees, the sponsor, the asset management company and the cus shall comply with the provisions of these regulations;
(b) the mutual fund shall forthwith inform the Board, if any inform particulars previously submitted to the Board was misleading or false material respect; (c) the mutual fund shall forthwith inform the Board, of any material change
information or particulars previously furnished, which have a bearing on the registration granted by it;
You're Reading a Preview
(d ) payment of fees as specified regulations Unlockin fullthe access with a free trial.and the Second Schedule. Download With Free Trial
Rejection of application
11. Where the sponsor does not satisfy the eligibility criteria ment regulation 7, the Board may reject the application and inform the applicant Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title same. & The New York Times Not useful Useful Cancel anytime. Special offer for students: Only $4.99/month. Payment of annual service fee:
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
13. The Board may not permit a mutual fund who has not paid service fee to any scheme.
CONSTITUTION AND MANAGEMENT OF ASSET MANAGEMENT COMPANY AND CUSTODIAN Application by an asset management company
14. (1) The application for the approval of the asset management company s made in Form D.
(2) The provisions of regulations 5, 6 and 8 shall, so far as may be, apply to t
application made under sub-regulation (1) as they apply to the applicat registration of a mutual fund. Appointment of an asset management company
You're Reading a Preview
15. (1) The sponsor or, if soUnlock authorised by the trust deed, the trustee, shall a full access with a free trial. an asset management company, which has been approved by the Board und regulation(2) of regulation 21. Download With Free Trial
(2) The appointment of an asset management company can be termi majority of the trustees or by seventy-five per cent of the unit holders scheme.
Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title (3) Any change in the appointment of the asset management company s & The New York Times Useful Not useful subject to prior approval of the Board and the unit holders. Special offer for students: Only $4.99/month.
Cancel anytime.
Eligibility criteria for appointment of asset management company
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
(aa) the asset management company is a fit and proper person;
(b) the directors of the asset management company are persons having ad professional experience in finance and financial services related field and no guilty of moral turpitude or convicted of any economic offence or violation securities laws;
(c) the key personnel of the asset management company 27[have not been guilty of moral turpitude or convicted of economic offence or violation of sec laws or worked for any asset management company or mutual fund intermediary 29[during the period when its] registration has been suspen cancelled at any time by the Board;
(d ) the board of directors of such asset management company has at least fi cent directors, who are not associate of, or associated in any manner wi sponsor or any of its subsidiaries or the trustees; (e) the Chairman of the asset management company is not a trustee of any fund; You're Reading a Preview
( f ) the asset management Unlock company has a networth of not less than rup full access with a free trial. crores : Download With Free Trial
Provided that an asset management company already granted approval un provisions of Securities and Exchange Board of India (Mutual Funds) Regul 1993 shall within a period of twelve months from the date of notification o regulations increase its networth to rupees ten crores :
Master your semester with Scribd Free Foron 30this Days Sign to vote title Provided [further] that the period specified inRead theupfirst proviso may beexten & The New York Times Useful Not useful appropriate cases by the Board up to three years for reasons to be recor Special offer for students: Only $4.99/month.
writing :
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
0
2.4K views
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
(2) The Board may, after considering an application with reference to the ma
specified in sub-regulation (1), grant approval to the asset management comp Terms and conditions to be complied with 17. The approval granted under sub-regulation (2) of regulation 21 shall be to the
following conditions, namely:—
(a) any director of the asset management company shall not hold the office o
director in another asset management company unless such person independent director referred to in clause ( d ) of sub-regulation (1) of regula and approval of the Board of asset management company of which such pers director, has been obtained;
(b) the asset management company shall forthwith inform the Board material change in the information or particulars previously furnished, whic You're Reading a Preview a bearing on the approval granted by it; Unlock full access with a free trial.
(c) no appointment of a director of an asset management company shall be without prior approval of theDownload trustees; With Free Trial
(d ) the asset management company undertakes to comply with these regulati
(e) no change in the controlling interest of the asset management company s your with Scribd madesemester unless,—
Master Read Free Foron 30this Days Sign up to vote title & The New Yorkapproval Times Not useful (i ) prior of the trustees and the Board is Useful obtained; Special offer for students: Only $4.99/month.
Cancel anytime.
(ii) a written communication about the proposed change is sent to each unit
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
0
2.4K views
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
( f ) the asset management company shall furnish such information and docum the trustees as and when required by the trustees. Procedure where approval is not granted
18. Where an application made under regulation 19 for grant of approval do satisfy the eligibility criteria laid down in regulation 21, the Board may rej application. Restrictions on business activities of the asset management company 19. The asset management company shall— (1) not act as a trustee of any mutual fund;
(2) not undertake any other business activities except activities in the nature o
portfolio management services, management and advisory services to funds, pension funds, provident funds, venture capital funds, manage insurance funds, financial consultancy and exchange of research on comm You're Reading a Preview basis if any of such activities are not in conflict with the activities of the Unlock full access with a free trial. fund :
Provided that the asset management may itself or through its subs Download company With Free Trial undertake such activities if it satisfies the Board that the key personnel of th management company, the systems, back office, bank and securities accou segregated activity-wise and there exist systems to prohibit access information of various activities : your semester with Scribd
Master Read Free Foron 30this Days Sign up to vote title Provided further that asset management company & The New York Times useful capital ad Useful shall Notmeet requirements, if any, Special offer for students: Only $4.99/month.
Cancel anytime.
separately for each such activity and obtain separate ap if necessary under the relevant regulations.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
20. (1) The asset management company shall take all reasonable steps and e due diligence to ensure that the investment of funds pertaining to any schem contrary to the provisions of these regulations and the trust deed.
(2) The asset management company shall exercise due diligence and care in investment decisions as would be exercised by other persons engaged in th business.
(3) The asset management company shall be responsible for the acts of comm or omission by its employees or the persons whose services have been procu the asset management company.
(4) The asset management company shall submit to the trustees quarterly rep each year on its activities and the compliance with these regulations.
(5) The trustees at the request of the asset management company may termin assignment of the asset management company at any time:
Provided that such termination shall become effective only after the trustee You're Reading a Preview accepted the termination of assignment and communicated their decision in to the asset management company. Unlock full access with a free trial.
(6) Notwithstanding anything contained in any contract or agreem Download With Free Trial termination, the asset management company or its directors or other officer not be absolved of liability to the mutual fund for their acts of commiss omission, while holding such position or office.
(6A) semester The Chief Executive (whatever his designation may be) of the a Master your with Officer Scribd Read Free Foron 30this Days Sign up to vote title & The New York Times Useful fund useful Notcomplies management company shall ensure that themutual with Special offer for students: Only $4.99/month. provisions of these
Cancel anytime.
regulations and the guidelines or circulars issued in r thereto from time to time and that the investments made by the fund manag
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
(7) (a) An asset management company shall not through any broker associat the sponsor, purchase or sell securities, which is average of 5 per cent or m the aggregate purchases and sale of securities made by the mutual fund in schemes :
Provided that for the purpose of this sub-regulation, the aggregate purcha sale of securities shall exclude sale and distribution of units issued by the m fund:
Provided further that the aforesaid limit of 5 per cent shall apply for a bl any three months.
(b) An asset management company shall not purchase or sell securities throu broker [other than a broker referred to in clause (a) of sub-regulation (7) w average of 5 per cent or more of the aggregate purchases and sale of sec made by the mutual fund in all its schemes, unless the asset management co has recorded in writing the justification for exceeding the limit of 5 per ce reports of all such investments are sent to the trustees on a quarterly basis : You'reshall Reading a Preview Provided that the aforesaid limit apply for a block of three months. Unlock full access with a free trial.
(8) An asset management company shall not utilise the services of the spo any of its associates, employees or their Download Withrelatives, Free Trial for the purpose of any sec transaction and distribution and sale of securities: Provided that an asset management company may utilise such se disclosure to that effect is made to the unit holders and the brok Master your semester Scribd commission paid is with also disclosed in the half-yearly annual accounts of the Read Free Foron 30this Days Sign up to vote title fund : & The New York Times Not useful Useful Cancel anytime. Special offer for students: Only $4.99/month.
Provided further that the mutual funds shall disclose at the time of declari
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
(9) The asset management company shall file with the trustees the de transactions in securities by the key personnel of the asset management com their own name or on behalf of the asset management company and sha report to the Board, as and when required by the Board.
(10) In case the asset management company enters into any securities trans with any of its associates a report to that effect shall be sent to the trustee next meeting.
(11) In case any company has invested more than 5 per cent of the net asse of a scheme, the investment made by that scheme or by any other scheme same mutual fund in that company or its subsidiaries shall be brought to the of the trustees by the asset management company and be disclosed in th yearly and annual accounts of the respective schemes with justification fo investment 40 provided the latter
Investment has been made within one year of the date of the former inve calculated on either side.
You're Reading Preview (12) The asset management company shalla file with the trustees and the Boar Unlock full access with a free trial.
(a) Detailed bio-data of all its directors along with their interest in other com within fifteen days of their appointment; Download With Free Trial (b) Any change in the interests of directors every six months; and
(c) A quarterly report to the trustees giving details and adequate justification the purchase and sale of theScribd securities of the group companies of the sponsor Master your semester with Read Free Foron 30this Days Sign up to vote title asset management company, as the case may be, by the mutual fund during t & The New York Times Useful Not useful quarter. Cancel anytime. Special offer for students: Only $4.99/month.
(13) Each director of the asset management company shall file the details
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Provided if the work relating to the transfer of units is processed in-hou charges at competitive market rates may be debited to the scheme and fo higher than the competitive market rates, prior approval of the trustees s obtained and reasons for charging higher rates shall be disclosed in the accounts. (16) The asset management company shall abide by the Code of Co specified in the Fifth Schedule. Appointment of custodian
21. (1) The mutual fund shall appoint a Custodian to carry out the cu services for the schemes of the fund and sent intimation of the same to the within fifteen days of the appointment of the Custodian:
Provided that in case of a gold exchange traded fund scheme, the assets scheme being gold or gold related instruments may be kept in custody of which is registered as a custodian with the Board.
You're Reading (2) No custodian in which the sponsor or aitsPreview associates hold 50 per cent or m the voting rights of the shareUnlock capital of the custodian or where 50 per cent o full access with a free trial. of the directors of the custodian represent the interest of the sponso associates shall act as custodian for a With mutual Download Free fund Trial constituted by the same s or any of its associates or subsidiary company.
Agreement with custodian Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title & The New Times Useful Not useful 22. York The mutual fund shall enter into a custodian agreement with the cus Special offer for students: $4.99/month. whichOnly shall contain
Cancel anytime.
the clauses which are necessary for the efficient and o conduct of the affairs of the custodian:
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
0
2.4K views
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
CHARACTERISTICS OF MUTUAL FUNDS •
•
•
•
•
The ownership is in the hands of the investors who have pooled i funds. It is managed by a team of investment professionals and othe providers. The pool of funds is invested in a portfolio of marketable investmen
The investors share is denominated by ‘units’ whose value is called Asset Value (NAV) which changes every day. The investment portfolio is created according to the stated inv objectives of the fund. You're Reading a Preview Unlock full access with a free trial.
ADVANTAGES OF MUTUAL FUNDS Portfolio Diversification
Download With Free Trial
Mutual funds invest in a number of companies. This diversification redu risk because it happens very rarely that all the stock’s decline at the same tim in thesemester same proportion. So this is the main advantage of mutual funds. your with Scribd
Master & The New York Times Professional Management Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Mutual funds provide the services of experienced and skilled profess
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
This is the main advantage of mutual fund, that is whenever an investor money he can easily get redemption, which is not possible in most of other o of investment. In open-ended schemes of mutual fund, the investor gets the back at net asset value and on the other hand in close-ended schemes the un be sold in a stock exchange at a prevailing market price. Transparency
In mutual fund, investors get full information of the value of their investme proportion of money invested in each class of assets and the fund man investment strategy Flexibility
Flexibility is also the main advantage of mutual fund. Through this in can systematically invest or withdraw funds according to their ne convenience like regular investment plans, regular withdrawal plans, reinvestment plans etc. You're Reading a Preview
Convenient Administration
Unlock full access with a free trial.
Investing in a mutual fund reduces paperwork and helps investors to Downloaddelayed With Freepayments Trial many problems like bad deliveries, and follow up with b and companies. Mutual funds save time and make investing easy. Affordability
Master your semester with Scribd Free For 30this Days Sign up to on Investors individually may lack sufficient Read funds tovote invest intitle high-grade & The New York fund Times Not useful Useful A mutual because of its large corpus allows even a small investor to ta Special offer for students: Only benefit of$4.99/month. its investment
strategy.
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
No Guarantees
No investment is risk free. If the entire stock market declines in value, th of mutual fund shares will go down as well, no matter how balanced the po Investors encounter fewer risks when they invest in mutual funds than whe buy and sell stocks on their own. However, anyone who invests through fund runs the risk of losing the money. Fees and Commissions
All funds charge administrative fees to cover their day to day expenses funds also charge sales commissions or loads to compensate brokers, fin consultants, or financial planners. Even if you don’t use a broker or other fin advisor, you will pay a sales commission if you buy shares in a Load Fund. Taxes
During a typical year, most actively managed mutual funds sell anywher 20 to 70 percent of the securities in their portfolios. If your fund makes a pr You're Reading a Preview its sales, you will pay taxes on the income you receive, even you reinv Unlock full access with a free trial. money you made. Management Risk
Download With Free Trial
When you invest in mutual fund, you depend on fund manager to make th decisions regarding the fund’s portfolio. If the manager does not perform as you had hoped, youwith mightScribd not make as much money on your investment Master your semester Read Free Foron 30this Days Sign up toyou vote titlemanageme expected. Of course, if you invest in index funds, forego & The New York Times Useful Not useful because these funds do not employ managers. Cancel anytime. Special offer for students: Only $4.99/month.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
0
2.4K views
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
SEBI
The regulation of mutual funds operating in India falls under the prev authority of the “Securities and Exchange Board of India” (SEBI). Any proposing to set up a mutual fund in India is required under the SEBI (M your semester with Scribd Funds) Regulations, 1996 to be registered withRead theup SEBI. Free Foron 30this Days Sign to vote title
Master & The New York Times Special offer for students: Only $4.99/month.
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Trustees
The mutual fund is required to have an independent Board of Trustees, i third of the trustees should be independent persons who are not associated w sponsors in any manner. An AMC or any of its officers or employees a eligible to act as a trustee of any mutual fund. The trustees are responsib inter alia – ensuring that the AMC has all its systems in place, all key per auditors, registrar etc. have been appointed prior to the launch of any scheme
Asset Management Company
The sponsors or the trustees are required to appoint an AMC to mana assets of the mutual fund. Under the mutual fund regulations, the applican satisfy certain eligibility criteria in order to qualify to register with SEBI AMC. 1. The sponsor must have at least 40% stake in the AMC. 2. The chairman of the AMC is not a trustee of any mutual fund.
3. The AMC should have and must at all times maintain a minimum net of Cr. 100 million.
4. The director of the AMC should be a person having adequate profe experience.
Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title The board of directors of such AMC has at least 50% directors who & The New 5. York Times Not useful Useful associate of or associated in any manner withthe sponsor or any Special offer for students: Only $4.99/month.
subsidiaries or the trustees.
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
The mutual fund is required, under the Mutual Fund Regulations, to ap custodian to carry out the custodial services for the schemes of the fund institutions with substantial organizational strength, service capability in te computerization and other infrastructure facilities facilities are approved to act as cust The custodian must be totally delinked from the AMC and must be registere SEBI.
Unit Holders They are the parties to whom the mutual fund is sold. They are ul beneficiary of the income earned by the mutual funds. TYPES OF MUTUAL FUND SCHEMES
In India, there are many companies, both public and private that are engaged trading of mutual funds. Wide varieties of Mutual Fund Schemes exist to cate the needs such as financial position, risk tolerance and return expectations etc Investment can be made either in the debt Securities or equity .The table belo gives an overview into the existing types of schemes in the Industry. TYPES OF MUTUAL FUND SCHEME
By structure
By Investment Ob ecti ective vess
Master your semester with Scribd Open-ended Debt Schemes & The New York Times Schemes Special offer for students: Only $4.99/month.
Close Ended
Read Free Foron 30this Days Sign up to vote title Equity Useful Not useful Cancel anytime. Schemes
MM Mutual Large cap
Other Sche
Tax sa fun
Sec
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Generally two options are available for every scheme regarding dividend and growth option. By opting for growth option an investor can have the ben long-term growth in the stock market on the other side by opting for the di option an investor can maintain his liquidity by receiving dividend time to Some Someti time me peop people le refe referr divi divide dend nd op opti tion on as divi divide dend nd fund fund and and grow grow Gene Genera rall lly y deci decisi sion onss rega regard rdin ing g decl declar arat atio ion n of the the divi divide dend nd depe depend nd up performance of stock market and performance of the fund. OPTION REGARDING DIVIDEND
Dividend
Payout
Growth
Reinvested
Systematic Investment Plan (SIP)
Systematic investment plan is like Recurring Deposit in which investo in the particular scheme on regular intervals. In the case it is convenient for class and middle-income group. In this case on regular interval units of s amount is created. An investor can make payment by regular payments by Master your semester Scribd cheques, post datedwith cheques, ECS, standing Mandate etc. SIP can be starte Read Free Foron 30this Days Sign up to vote title any open-ended fund if there is provision of it. There are some entry and e & The New York Times Useful Not useful Cancelbefore anytime. the said period barriers for discontinuation and redemption of the fund Special offer for students: Only $4.99/month.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Close – Ended Funds
A close – ended fund has a stipulated maturity period which generally r from 3 to 15 years. The fund is open for subscription only during a sp period. Investors can invest in the scheme at the same time of the initial issue and thereafter they can buy and sell the units of the scheme on the exchanges where they are listed. In order to provide an exit route to the inv some close – ended funds give an option of selling back the units to the m fund through periodic repurchase at NAV related prices. Interval Funds
Interval funds combine the features of open – ended and close – ended sch They are open for sales or redemption during pre-determined intervals a NAV. According to Investment Objective:
Growth Funds:- The aim of growth funds is to provide capital appreciatio the medium to long term. Such schemes normally invest a majority of their in equities. It has been proven that returns from stocks are much better th other investments had over the long term. Growth schemes are ideal for in having a long term outlook seeking growth over a period of time. Income Funds
The aim of with the income funds is to provide regular and steady inco Master your semester Scribd Read Free Foron 30this Days Sign up to vote title such as investors. Such schemes generally invest in fixed income securities & The New York Times Useful Not useful corporate debentures and government securities. Income funds are ideal for Special offer for students: Onlyand $4.99/month. stability regular
Cancel anytime.
income.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Money Market Funds
The main aim of money market funds is to provide easy liq preservation of capital and moderate income. These schemes generally in safe short term instruments such as treasury bills, certificates of commercial paper and inter – bank call money. Returns on these scheme fluctuate depending upon the interest rates prevailing in the market. These ar for corporate and individual investors as a means to park their surplus fun short periods.
Other Schemes Tax Saving Schemes
These schemes offer tax rebates to the investors under specific provisions Indian Income Tax laws as the government offers tax incentives for investm specified avenues. Investments made in Equity Linked Saving Schemes ( and Pension Schemes are allowed as deduction u/s 88 of the Income Tax Act You're Reading a Preview The Act also provides opportunities to investors to save capital gains. Unlock full access with a free trial.
Special Schemes:
Download With Free Trial
Index Schemes
Index funds attempt replicate the performance of a particularindex s Master your semester with to Scribd Read Free Foron 30this Days Sign up to vote title the BSE Sensex or the NSE 50. & The New York Times Useful Not useful Special offer for students: Only $4.99/month. Sector Specific Schemes
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Advisor - Is employed by a mutual fund organization to give professional on the fund’s investments and to supervise the management of its asset.
Diversification – The policy of spreading investments among a range of di securities to reduce the risk.
Net Asset Value (NAV) - Net Asset Value is the market value of the assets scheme minus its liabilities. The per unit NAV is the net asset value of the s divided by the number of units outstanding on the Valuation Date.
Sales Price - Is the price you pay when you invest in a scheme. Also called Price. It may include a sales load.
Repurchase Price - Is the price at which a close-ended scheme repurcha units and it may include a back-end load. This is also called Bid Price.
Redemption Price - Is the price at which open-ended schemes repurchas units and close-ended schemes redeem their units on maturity. Such pric NAV related. You're Reading a Preview
Unlock full by access a free trial. Sales Load - Is a charge collected a with scheme when it sells the units. Also ‘Front-end’ load. Schemes that do not charge a load are called ‘No Load’ sch
Download With Free Trial
Structure of the Indian Mutual Fund industry
The largest categories of Mutual Funds are the ones floated by the private and by Foreign Asset Management Companies. The largest of these are Pru Master your semester with Scribd mana ICICI AMC and Birla Sun Life AMC. The aggregate corpus oftitle assets Read Free Foron 30this Days Sign up to vote thisYork category of AMCs is in excess of Rs.350bn. Earlier theuseful Indian Mutua & The New Times Useful Not Cancel anytime. industry was dominated by the Unit Trust of India which has a total cor Special offer for students: Only $4.99/month. Rs.700 bn collected from more than 20 million investors. The UTI has
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Management floated by the State Bank of India are the largest of these. GIC floated by the General Insurance Corporation and Jeevan Bima Sahayog floated by the LIC are some of the other prominent ones. The aggregate cor funds managed by this category of AMCs is about Rs.200 bn.
ABOUT MUTUAL FUNDS
A Mutual Fund is a trust that pools the savings of a number of investors who a common financial goal. The money thus collected is then invested in market instruments such as shares, debentures and other securities. The i earned through these investments and the capital appreciation realized is sha its unit holders in proportion to the number of units owned by them. Thus a M Fund is the most suitable investment for the common man as it of opportunity to invest in a diversified, professionally managed basket of secur a relatively low cost. The flow chart below describes broadly the workin mutual fund The structure of MutualYou're FundsReading in India is governed by SEBI (Mutual a Preview Regulations, 1996. •
Unlock full access with a free trial. •
It is mandatory to have a three tier structure of Sponsor – Trustee – Download With Free Trial Management Company.
The trust is established by a Sponsor or more than one sponsor who is promoter of a company. He appoints the Trustees who are responsible Master yourinvestors semester with Scribd of the fund. Read Free Foron 30this Days Sign up to vote title Trustees of the mutual fund hold its property forNotthe benefit of th & The New The York Times Useful useful Cancel anytime. holders. Special offer for students: Only $4.99/month. •
•
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
An investor normally prioritizes his investment needs before undert investment. So different goals will be allocated different proportions of th disposable amount. Investments for specific goals normally find their way i debt market as risk reduction is of prime importance. This is the area for th averse investors and here, mutual funds are generally the best option. The r are not difficult to see.
One can avail of the benefits of better returns with added benefits of an liquidity by investing in open-ended debt funds at lower risk. Many peopl burnt their fingers by investing in fixed deposits of companies who were a high returns but have gone bust in course of time leading to distraught inves well as pending cases in the Company Law Board.
This risk of default by any company that one has chosen to invest in, minimized by investing in mutual funds as the fund managers anal companies’ financials more minutely than an individual can do as they ha expertise to do so. They can manage the maturity of their portfolio by inves instruments of varied maturity profiles. Since there is no penalty on preYou're Reading a Preview withdrawal, as in the cases of fixed deposits, debt funds provide enough liq Moreover, mutual funds areUnlock better placed to absorb the fluctuations in the pr full access with a free trial. the securities as a result of interest rate variation and one can benefits fro such price movement. Download With Free Trial
Apart from liquidity, these funds have also provided very good post-tax retu year to year basis. Even historically, we find that some of the debt fund generated superior returns at relatively low level of risks. On an average deb Master your Scribd have semester posted returnswith over 10 percent over one-year horizon. The Read Free Foron 30this Days Sign up to vote title best perfo funds haveTimes given returns of around 14 percent in the last one-year per & The New York Not useful Useful Cancel anytime. nutshell can say that these funds have delivered more than what one exp Special offer for students: Onlywe $4.99/month. debt avenues such as post office schemes or bank fixed deposits. Though th
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
could otherwise manage. Since they can reshuffle their portfolio as per conditions, they are likely to generate moderate returns even in pessimistic conditions.
This risk of default by any company that one has chosen to invest in, minimized by investing in mutual funds as the fund managers anal companies’ financials more minutely than an individual can do as they ha expertise to do so. They can manage the maturity of their portfolio by inves instruments of varied maturity profiles. Since there is no penalty on prewithdrawal, as in the cases of fixed deposits, debt funds provide enough liq Moreover, mutual funds are better placed to absorb the fluctuations in the pr the securities as a result of interest rate variation and one can benefits fro such price movement.
Next come the risk takers. Risk takers by their very nature, would not be investing in high-risk avenues. Capital markets find their fancy more ofte not, because they have historically generated better returns than any other a provided, the money was judiciously invested. Though the risk assoc a Preview generally on the higher sideYou're of theReading spectrum, the return-potential compensa the risk attached. Unlock full access with a free trial.
Capital markets interest people, albeit not all for there are several Download With Free Trial associated. First issue is that of expertise. While investing directly into market one has to be analytical enough to judge the valuation of the sto understand the complex undertones of the stock. One needs to judge th valuation for exiting the stock too. It is very difficult for a small investor t Master your with Scribd track semester of the movements of the market. Entrusting Read Free Forto 30experts, Days Sign the up tojob vote on this title who wa trends of Times the market and analyze the valuations of theNotstocks & The New York useful will so Useful anytime. problem an investor. Mutual funds specialize in Cancel identification of stocks t Special offer for students: Onlyfor $4.99/month. dedicated experts in the field and this enables them to pick stocks at th
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
the portfolio and helps in generating returns from a number of sectors but r the risk as well. Though identification of the right fund might not be an eas availability of good investment consultants and counselors will help investo informed decision. How are the Mutual Funds Structured?
The Mutual Funds are structured in two forms: Company form and Trust form •
•
Company Form: These forms of mutual funds are more popular in US
Trust Form: In India, mutual funds are organized as Trusts. The T either managed by a Board of Trustees or by a Trustee Company. Ther be at least 4 members in the Board of Trustees and at least 2/3 members of the board must be independent. Trustee of one mutua cannot be a trustee of another mutual fund.
Unit Trusts – Constituents: You're Reading a Preview
A Mutual Fund is set upUnlock in full theaccess form of a Trust which has the fo with a free trial. constituents:Download With Free Trial
1. Fund Sponsor 2. Mutual Fund as Trust 3. Asset Management Company
Master your4.semester with Scribd Other Fund Constituents 4.1. Times Custodian and Depositors & The New York 4.2.$4.99/month. Brokers Special offer for students: Only 4.3.
Transfer Agent
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
0
2.4K views
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
capital and profits, track record (at least five years in financial services), d free dealings and a general reputation for fairness. The sponsor must hav profit making in at least 3 years of the above 5 years.
The Sponsor appoints the Trustees, Custodian and the AMC with the prior ap of SEBI and in accordance with SEBI Regulations.
Like the company promoter, the sponsor takes big-picture decisions related mutual fund, leaving money management and other such nitty-gritty to th constituents, whom it appoints. The sponsor should inspire confidence in y money manager and, preferably, be profitable. Financial muscle, so long complemented by good fund management, helps, as money is then impediment for the mutual fund- it can hire the best talent, invest in technolo continuously offer high service standards to the investors.
In the days of assured return schemes, sponsors also had to fulfill return pr made to the unit holders. This sometimes meant meeting shortfalls from the pockets, as the government did for UTI. Now that assured return schem passed, such bailouts won’t be required. All things considered, choose sp You're Reading a Preview who are good money managers, who have a reputation for fair business pr and who have deep pockets.Unlock full access with a free trial. TRUST
Download With Free Trial
The Mutual Fund is constituted as a Trust in accordance with the provis the Indian Trusts Act, 1882 by the Sponsor. The trust deed is registered un Indian Registration Act, 1908. The Trust appoints the Trustees who are respo your semester with Scribd to the investors of the fund. Read Free Foron 30this Days Sign up to vote title
Master & The New York Times TRUSTEES
Special offer for students: Only $4.99/month.
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Rights of the Trustees:
Trustees appoint the AMC in consultation with the sponsor and accor the SEBI Regulations.
All Mutual Fund Schemes floated by the AMC have to be approved Trustees.
Trustees can seek information from the AMC regarding the operatio compliance of the mutual fund.
Trustees can seek remedial actions from AMC, and in cases can the AMC.
Trustees review and ensure that the net worth of the AMC is according stipulated norms, every quarter.
Obligations of the Trustees:
Trustees must ensureYou're thatReading the transactions of the mutual fund a Preview accordance with the trust deed. Unlock full access with a free trial.
Trustees must ensure that the AMC has systems and procedures in pla
Trustees must ensure due diligence on the part of AMC in the appoi of constituents and business associates.
Download With Free Trial
Trustees must furnish to the SEBI, on half yearly basis a report Master yoursemester with Scribd Read Free Foron 30this Days Sign up to vote title activities of the AMC. & The New York Times Useful Not useful Special offer for students: $4.99/month. Only Trustees must
Cancel anytime.
ensure compliance with SEBI Regulations.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
The people in the AMC who should matter the most to you are those wh investment decisions. There is the head of the fund house, generally referre the Chief Executive Officer (CEO). Under him comes the Chief Investment (CIO), who shapes the fund’s investment philosophy, and fund manager manages its schemes. They are assisted by a team of analysts, who track m sectors and companies.
Although these people are employed by the AMC, its you, the unit holder pays their salaries, partly or wholly. Each scheme pays the AMC an annua management fee’, which is linked to the scheme size and results in a corresp drop in your return. If a scheme’s corpus is up to Rs.100 crores it pays 1.25% corpus a year; on over Rs.100 crores, the fee is 1% of the corpus. So, if house has two schemes, with a corpus of Rs.100 crores and Rs.200 respectively, the AMC will earn Rs.3.25 crore (1.25+2) as fund managem that year.
If an AMCs expenses for the year exceed what it earns as fund managem from its schemes, the balance has to be met by the sponsor. Again, fin strength comes into play: a You're cash-rich sponsor can easily pump in money t Reading a Preview short falls, while a sponsor with less financial clout might force the AMC Unlock full access with a free trial. costs, which could well turn into an exercise in cutting corners. Download With Free Trial Regulatory requirements for the AMC:
Only SEBI registered AMC can be appointed as investment manag mutual funds.
Master yoursemester with Scribd Free Foron 30this Days AMC must have a minimum net worth ofRead Rs.10 crores at all times. Sign up to vote title & The New York Times Useful Not useful Only An$4.99/month. AMC cannot Special offer for students:
Cancel anytime.
be an AMC or Trustee of another Mutual Fund.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Investments have to be according to the investment management agr and SEBI regulations.
The actions of its employees and associates have to be as mandated trustees.
AMCs have to submit detailed quarterly reports on the work performance of the mutual fund.
AMCs have to make the necessary statutory disclosures on portfolio and price to the investors.
Restrictions on the AMC:
AMCs cannot launch a scheme without the prior approval of the truste
AMCs have to provide full details of the investments by employe Board members in all cases where the investment exceeds Rs.1 lakh.
Reading that a Preview AMCs cannot take upYou're any activity is in conflict with the activities mutual fund. Unlock full access with a free trial.
Conditions under which two AMCs can be merged: Download With Free Trial
SEBI Regulations require the following:
SEBI and Trustees of both the funds must approve of the merger.
Master your semester with Scribd Read Free For 30this Days Sign up to vote on title the option Unit holders should be notified of the merger, and provided & The New York Times at NAV without load. Useful Not useful Special offer for students: Only $4.99/month.
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
CUSTODIAN
A custodian handles the investment back office of a mutual f responsibilities include receipt and delivery of securities, collection of in distribution of dividends and segregation of assets between the schemes. track corporate actions like bonus issues, right offers, offer for sale, buy ba open offers for acquisition. The sponsor of a mutual fund cannot act as a cus to the fund. This condition, formulated in the interest of investors, ensures t assets of a mutual fund are not in the hands of its sponsor. For example, De Bank is a custodian, but it cannot service Deutsche Mutual Fund, its mutua arm. BROKERS Role of Brokers in a Mutual Fund:
They enable the investment managers to buy and sell securities.
Brokers are the registered members of the stock exchange.
They charge a commission for their services. Unlock full access with a free trial.
In some cases, provide investment managers with research reports.
Act as an important source of market information.
You're Reading a Preview
Download With Free Trial
Master your semester with Scribd REGISTRAR OR TRANSFER AGENTS & The New York Times Registrars, also known Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
as the transfer agents, are responsible for the in servicing functions. This includes issuing and redeeming units, sending fact
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Sending information to the investors.
Processing dividend payout.
Incorporating changes in the investor information.
Keeping investor information up to date.
DISTRIBUTORS Role of Selling and Distribution Agents:
Selling agents bring investor’s funds for a commission.
Distributors appoint agents and other mechanisms to mobilize funds fr investors.
Banks and post offices also act as distributors.
The commission received the distributors You'reby Reading a Preview is split into initial comm which is paid on mobilization of funds and trail commission which full access with a free trial. depending on the timeUnlock the investor stays with the fund. Download With Free Trial
GROWTH IN ASSETS UNDER MANAGEMENT Mutual Funds & Assets Under Management
Master your semester with Scribd & The New York Times Fund Name Special offer for students:Mutual Only $4.99/month.
No. of Schemes*
As on
Read Free Foron 30this Days Sign up to vote title
Not useful (Rs.in cro Cancel anytime.
Useful
Corpus Under management
Corpus
As on
Corpus
N
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
Fund Birla Sun Life Mutual Fund Canara Robeco Mutual Fund Deutsche Mutual Fund DSP Blackrock Mutual Fund Edelweiss Mutual Fund Escorts Mutual Fund Fidelity Mutual Fund Fortis Mutual Fund Franklin Templeton Mutual Fund HDFC Mutual Fund HSBC Mutual Fund ICICI Prudential Mutual Fund IDFC Mutual Fund
Fund
Anand Rathi PROJECT
Search document
2010 2010 Feb 28, Jan 31, 219 49,983.17 44,798.22 518 2009 2009 May 31, Apr 30, 89 10,381.33 10,409.48 -2 2010 2010 May 31, Apr 30, 120 9,302.37 9,936.17 -633. 2010 2010 May 31, Apr 30, 96 19,721.83 19,990.07 -268. 2010 2010 May 31, Apr 30, 40 316.86 243.80 7 2010 2010 May 31, Apr 30, 30 195.75 204.45 2010 2010 Apr 30, Mar 31, 61 7,524.24 7,550.92 -26 2010 2010 May 31, Apr 30, 103 6,815.18 8,035.16 -1219 2010 2010 Apr 30, Mar 31, 171 36,066.84 32,329.71 373 2010 2010 You're Reading a Preview May 31, Apr 30, 172 96,114.57 102,978.13 -6863 2010 Unlock full2010 access with a free trial. May 31, Apr 30, 88 5,406.71 6,029.19 -622. 2010 2010 Download With Free Trial May 29, Mar 31, 328 68,324.06 51,456.11 16867.9 2009 2009 Aug 31, Jul 31, 175 24,002.59 24,214.88 -212. 2009 2009 Apr 30, Read Free For31, 30this Days Sign up toMar vote on title 92 57,575.02 8,608.29 48966 2008 2008 Not useful Useful Cancel anytime. May 31, Apr 30, 90 8,159.68 10,216.23 -2056. 2010 2010
Master your semester with Scribd ING Mutual Fund & The New York Times JM Financial Mutual Special offer for students: Only $4.99/month.
PRESENTATION OF SUMMER
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents
“FINANCIAL SERVICES
1
Download
of 90
Fund Sheet Music
Peerless Mutual Fund PRINCIPAL Mutual Fund Quantum Mutual Fund Reliance Mutual Fund Religare Mutual Fund Sahara Mutual Fund SBI Mutual Fund Shinsei Mutual Fund Sundaram BNP Paribas Mutual Fund Tata Mutual Fund Taurus Mutual Fund UTI Mutual Fund
Anand Rathi PROJECT
Search document
2010 2010 May 31, Apr 30, 22 1,086.68 665.20 42 2010 2010 Jun 30, May 31, 85 6,448.66 7,837.90 -1389 2010 2010 May 31, Apr 30, 11 99.18 102.38 2010 2010 May 31, Apr 30, 191 109,485.69 120,588.05 -11102 2010 2010 Mar 31, Apr 30, 89 9,418.36 8,618.52 79 2010 2009 May 31, Apr 30, 44 735.86 777.31 -4 2010 2010 May 31, Apr 30, 118 33,738.17 37,213.06 -3474 2010 2010 May 31, Apr 30, 11 291.80 259.85 3 2010 2010 May 31, Apr 30, 143 13,651.56 14,392.86 -7 2010 2010 You're Reading a Preview May 31, Apr 30, 170 21,168.00 22,034.33 -866. 2010 Unlock full2010 access with a free trial. Dec 31, Oct 31, 49 209.23 210.68 -1 2008 2008 Download With Free Trial May 31, Apr 30, 209 73,277.52 80,636.36 -7358 2010 2010
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
PRESENTATION OF SUMMER
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
UTI was bifurcated into UTI Mutual Fund and the Specified Undertaking
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
The net asset value (NAV) of mutual funds in India declined when prices started falling in the year 1992. Those days, the market regulations allow portfolio shifts into alternative investments. There was rather no choic from holding the cash or to further continue investing in shares. One more t be noted, since only closed-end funds were floated in the market, the in disinvested by selling at a loss in the secondary market.
The performance of mutual funds in India suffered qualitatively. Th stock market scandal, the losses by disinvestments and of course the transparent rules in the whereabouts rocked confidence among the investors.
Funds now have shifted their focus to the recession free secto pharmaceuticals, FMCG and technology sector. Funds performa improving. Funds collection, which averaged at less than Rs100bn per annu five-year period spanning 1993-98 doubled to Rs210bn in 1998-99. In th mobilization had exceeded Rs300bn. Total collection for the financial year March 2000 reached Rs450bn.
India had been at the first stage of a revolution that has a You're Reading a Preview peaked in the U.S. The U.S. boasts of an Asset base that is much higher t Unlockfund full access with aare free trial. bank deposits. In India, mutual assets not even 10% of the bank de but this trend is beginning to change. The figures indicate that in the first qu Withwent Free Trial the year 1999-2000 mutual Download fund assets up by 115% whereas bank d rose by only 17%. (Source: Thinktank, The Financial Express Septembe This is forcing a large number of banks to adopt the concept of narrow b wherein the deposits are kept in Gilts and some other assets which im liquidity and reduces risk. The basic fact lies that banks cannot be ignored an Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title will not close down completely. Their role as intermediaries cannot be ignor & The New Times Useful Not useful Cancel anytime. justYork that Mutual Funds are going to change the way banks do business in the Special offer for students: Only $4.99/month.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
closet. The fund mobilization trend by mutual funds indicates that money is to mutual fund in a big way.
India is at the first stage of a revolution that has already peaked in the U. U.S. boasts of an Asset base that is much higher than its bank deposits. In mutual fund assets are not even 10 per cent of the bank deposits, but this t beginning to change. This is forcing a large number of banks to adopt the c of narrow banking wherein the deposits are kept in Gilts and some other which improves liquidity and reduces risk. The basic fact lies that banks can ignored and they will not close down completely. Their role as interme cannot be ignored. It is just that mutual funds are going to change the way ba business in the future.
CATEGORY
BANKS
MUTUAL FUNDS
Returns
Low
High
Administrative exp.
You're Reading a Preview Low High
Risk
Low
Investment options
Download With Free Trial Less More
Network
Unlock full access with a free trial.
High penetration
Liquidity a cost Master your semester withAtScribd Quality of Times assets Not transparent & The New York Special offer for students: Only $4.99/month.
Interest calculation
Minimum
Moderate
Low but improving Better Read Free Foron 30this Days Sign up to vote title
Transparent Useful Not useful Cancel anytime.
balance Everyday
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
RISKS ASSOCIATED WITH MUTUAL FUNDS
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester Scribd The most importantwith relationship to understand is the risk-return trade-off. Read Free Foron 30this Days Sign up to vote title the risk greater the returns/loss and lower the risk lesser the returns/loss. & The New York Times Useful Not useful Special offer for students: Only $4.99/month.
Cancel anytime.
Hence it is upto you, the investor to decide how much risk you are willing t
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Investment Plan (“SIP”) that works on the concept of Rupee Cost Ave (“RCA”) might help mitigate this risk. CREDIT RISK
The debt servicing ability (may it be interest payments or repayment of pri of a company through its cashflows determines the Credit Risk faced by yo credit risk is measured by independent rating agencies like CRISIL companies and their paper. An ‘AAA’ rating is considered the safest wherea rating is considered poor credit quality. A well-diversified portfolio migh mitigate this risk.
INFLATION RISK
Things you hear people talk about: “Rs. 100 today is worth more than R tomorrow.” “Remember the time when a bus ride costed 50 paisa?” “Mehan Jamana Hai.” You're Reading a Preview
The root cause , Inflation. Inflation is the loss of purchasing power over time Unlock full access with a free trial. of times people make conservative investment decisions to protect their cap end up with a sum of money that can buy less than what the principal could Download With Free Trial time of the investment. This happens when inflation grows faster than the your investment. A well-diversified portfolio with some investment in e might help mitigate this risk.
Master your semester with Scribd & The New York Times INTEREST RATE RISK Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
In a free market economy interest rates are difficult if not impossible to p
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
LIQUIDITY RISK
Liquidity risk arises when it becomes difficult to sell the securities that o purchased. Liquidity Risk can be partly mitigated by diversification, stagge maturities as well as internal risk controls that lean towards purchase of securities. You have been reading about diversification above, but wha Diversification The nuclear weapon in your arsenal for your fight against simply means that you must spread your investment across different sec (stocks, bonds, money market instruments, real estate, fixed deposits etc different sectors (auto, textile, information technology etc.). This ki diversification may add to the stability of your returns, ACCOUNTING AND VALUATION Net Asset Value (NAV)
The net asset value of the fund is the cumulative market value of the assets fu You're a Preview of its liabilities. In other words, if Reading the fund is dissolved or liquidated by sell all the assets in the fund, thisUnlock is the amount that the shareholders would colle full access with a free trial. own. This gives rise to the concept of net asset value per unit, which is the represented by the ownership of oneWith unitFree in Trial the fund. It is calculated sim Download dividing the net asset value of the fund by the number of units. However people refer loosely to the NAV per unit as NAV, ignoring the “per unit”. W abide by the same convention.
Master your semester with Scribd & The New York Times Calculation of Net Asset Value Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
The most important part of the calculation is the valuation of the assets ow
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
- Accrued expenses
Sheet Music
BETA RATIO
A high beta is good or bad depending on the state of the market. If the sentiments are bullish, i.e., the market is seeing a rise in general, then a hig stock is better and if the market sentiment is bearish then low beta is preferre
A beta of 1 indicates that the security's price will move with the market. A less than 1 means that the security will be less volatile than the market. greater than 1 indicates that the security's price will be more volatile th market.
R_SQUARED
A statistical measure that represents the percentage of a fu security's movements that are explained by movements in a benchmark ind squared values range fromYou're 0 to 100. aAn R-squared of 100 means Reading Preview movements of a security are completely explained by movements in index Unlock full access with a free trial.
A higher R-squared value will indicate a more useful beta figure . Download With Free Trial
SHARP RATIO
Master your with Scribd High semester returns are generally associated with a high degree of volatility. The Read Free Foron 30this Days Sign up to vote title ratio represents this trade off between risk and returns. At the sametime & The New York Times Useful Not useful factors in the desire to generate returns, which are higher than those from ri Special offer for students: Only $4.99/month.
returns.
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Rf = Risk free rate of Return. Sheet Music
Si = Standard Deviation of the fund. EXPENSE RATIO
The percentage of total fund assets that is used to cover expenses associate the operation of a mutual fund. This amount is taken out of the fund's asse lowers the return that fund holders achieve. These expenses include manag fees and operating expenses . So lesser the expense ratio the better it is for the investors
CHAPTER-3 MAJOR PLAYERS IN MUTUAL FUNDS INDUSTRY You're Reading a Preview
ABNAMRO Mutual Fund Unlock full access with a free trial.
Download Free Trial ABN AMRO Mutual Fund was setup With on April 15, 2004 with ABN AMRO T (India) Pvt. Ltd. as the Trustee Company. The AMC, ABN AMRO Management (India) Ltd. was incorporated on November 4, 2003. Deutsch A G is the custodian of ABN AMRO Mutual Fund.
Master your semester with Scribd & The New York Birla Sun Times Life Mutual Fund Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Bank of Baroda Mutual Fund or BOB Mutual Fund was setup on October 30 under the sponsorship of Bank of Baroda. BOB Asset Management Co Limited is the AMC of BOB Mutual Fund and was incorporated on Novem 1992. Deutsche Bank AG is the c HDFC Mutual Fund
HDFC Mutual Fund was setup on June 30, 2000 with two sponsor namely H Development Finance Corporation Limited and Standard Life Investments L HSBC Mutual Fund
HSBC Mutual Fund was setup on May 27, 2002 with HSBC Securities and C Markets (India) Private Limited as the sponsor. The Board of Trustees, Mutual Fund acts as the Trustee Company of HSBC Mutual Fund. You're Reading a Preview Unlock full access with a free trial.
ING Vysya Mutual Fund
Download With Free Trial
ING Vysya Mutual Fund was setup on February 11, 1999 with the same Trustee Company. It is a joint venture of Vysya and ING. The AM Investment Management (India) Pvt. Ltd. was incorporated on April 6, 1998.
Master your semester with Scribd & The New York Times Prudential ICICI Mutual Special offer for students: Only $4.99/month.
Fund
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Sahara Mutual Fund
Sahara Mutual Fund was set up on July 18, 1996 with Sahara India Financial Corporation Ltd. as the sponsor. Sahara Asset Management Company Private Limited incorporated on August 31, 1995 works as the AMC of Sahara Mutu Fund. The paid-up capital of the AMC stands at Rs 25.8 crore. State Bank of India Mutual Fund
State Bank of India Mutual Fund is the first Bank sponsored Mutual Fund to offshore fund, the India Magnum Fund with a corpus of Rs. 225 cr. approxim Today it is the largest Bank sponsored Mutual Fund in India. They have a launched 35 Schemes out of which 15 have already yielded handsome ret investors. State Bank of India Mutual Fund has more than Rs. 5,500 Cro AUM. Now it has an investor base of over 8 Lakhs spread over 18 schemes. Tata Mutual Fund You're Reading a Preview
Tata Mutual Fund (TMF) is Unlock a Trust under Indian Trust Act, 1882. The sp full access withthe a free trial. for Tata Mutual Fund are Tata Sons Ltd., and Tata Investment Corporatio The investment manager is Download Tata Asset Management Limited and its Tata T With Free Trial Company Pvt. Limited. Tata Asset Management Limited is one of the fastes country with more than Rs. 7,703 Crores (as on April 30, 2005) of AUM. Kotak Mahindra Mutual Fund Master your semester with Scribd & The New York Times Kotak Mahindra Asset Management Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Useful Not useful Cancel anytime. Company (KMAMC) is a subsid
KMBL. It is presently having more than 1,99,818 investors in its various sc
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
UTI Asset Management Company Private Limited, established in Jan 14 manages the UTI Mutual Fund with the support of UTI Trustee Company Limited. UTI Asset Management Company presently manages a corpus o Rs.20000 Crore. The sponsors of UTI Mutual Fund are Bank of Baroda ( Punjab National Bank (PNB), State Bank of India (SBI), and Life In Corporation of India (LIC). The schemes of UTI Mutual Fund are Liquid Income Funds, Asset Management Funds, Index Funds, Equity Funds and B Funds.
Reliance Mutual Fund
Reliance Mutual Fund (RMF) was established as trust under Indian Trus 1882. The sponsor of RMF is Reliance Capital Limited and Reliance Trustee Co. Limited is the Trustee. It was registered on June 30, 1995 as R Capital Mutual Fund which was changed on March 11, 2004. Reliance M You're Preview under which units are is Fund was formed for launching ofReading variousa schemes the Public with a view to contribute to the Unlock full access with acapital free trial. market and to provide in the opportunities to make investments in diversified securities. Download With Free Trial
Standard Chartered Mutual Fund
Master your semester with Scribd Foron 30 Days Sign to vote this title Standard Chartered Mutual Fund was set upRead onupFree March 13, 2000 sponso & The New YorkChartered Times Bank. The Trustee is Standard useful Useful NotTrustee Standard Chartered Compa Special offer for students: Only $4.99/month. Ltd. Standard Chartered
Cancel anytime.
Asset Management Company Pvt. Ltd. is the AMC was incorporated with SEBI on December 20,1999.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
schemes, Closed end Income schemes and Open end Fund of Funds sche offer.
Morgan Stanley Mutual FundIndia
Morgan Stanley is a worldwide financial services company and its leading market in securities, investment management and credit services. Morgan S Investment Management (MISM) was established in the year 1975. It pr customized asset management services and products to governments, corpor pension funds and non-profit organizations. Its services are also extended net worth individuals and retail investors. In India it is known as Morgan S Investment Management Private Limited (MSIM India) and its AMC is M Stanley Mutual Fund (MSMF). This is the first close end diversified equity s serving the needs of Indian retail investors focusing on a long-term appreciation. Escorts Mutual Fund
You're Reading a Preview Unlock full access with a free trial.
Escorts Mutual Fund was setup on April 15, 1996 with Escorts Finance Lim Download With Free Trial its sponsor. The Trustee Company is Escorts Investment Trust Limited. Its was incorporated on December 1, 1995 with the name Escorts Asset Manag Limited.
Master your semester with Scribd Alliance Capital Mutual Fund & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Alliance Capital Mutual Fund was setup on December 30, 1994 with A
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
0
2.4K views
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Mumbai, Benchmark Asset Management Company Pvt. Ltd. is th Canbank Mutual Fund
Canbank Mutual Fund was setup on December 19, 1987 with Canara Bank as the sponsor. Canbank Investment Management Services Ltd. incorpora March 2, 1993 is the AMC. The Corporate Office of the AMC is in M
Chola Mutual Fund
Chola Mutual Fund under the sponsorship of Cholamandalam Invest Finance Company Ltd. was setup on January 3, 1997. Cholamandalam Trus Ltd. is the Trustee Company and AMC is Cholamandalam AMC LIC Mutual Fund
You're Reading a Preview Unlock full access with a free trial.
Life Insurance Corporation of India set upFree LICTrial Mutual Fund on 19th June 1 Download With contributed Rs. 2 Crores towards the corpus of the Fund. LIC Mutual Fun constituted as a Trust in accordance with the provisions of the Indian Tru 1882. . The Company started its business on 29th April 1994. The Trustees Mutual Fund have appointed Jeevan Bima Sahayog Asset Man your semester with Scribd Company Ltd as the Investment Managers foron30this LIC Read Free For Days Sign up to vote title Mutua
Master & The New York Times Special offer for students: Only $4.99/month.
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Fidelity Investments
Fidelity Investments was founded in 1946. Fidelity Investments is an intern provider of financial services and investment resources that help individu institutions meet their financial objectives. COMPETITION IN MUTUAL FUNDS INDUSTRY
The most important trend in the mutual fund industry is the aggressive expan the foreign owned mutual fund companies and the decline of the companies by nationalized banks and smaller private sector players.
Many nationalized banks got into the mutual fund business in the early ninet got off to a good start due to the stock market boom prevailing then. These did not really understand the mutual fund business and they just viewe another kind of banking activity. Few hired specialized staff and generally c transfer staff from the parent organizations. The performance of mos schemes floated by these funds was not good. Some schemes had guaranteed returns and their parent organizations had to bail out these AM You're a Preview paying large amounts of money asReading the difference between the guaranteed and returns. The service levels were very Most of these AMCs have no Unlock also full access withbad. a free trial. able to retain staff, float new schemes etc. and it is doubtful whether, barring Free Trialthe activity in a major way exceptions, they have seriousDownload plans ofWith continuing
The experience of some of the AMCs floated by private sector Indian com was also very similar. They quickly realized that the AMC business is a bu which makes money in a long term and requires deep-pocketed support Master your semester with Scribd som intermediate years. Some have sold out to foreign owned Read Free Foron 30companies, Days Sign up to vote this title merged with others and there is general restructuring on.useful & The New York Times Usefulgoing Not Special offer for students: Only $4.99/month.
Cancel anytime.
The foreign owned companies have deep pockets and have come in here w
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Significance of the project is to find out prospect investors of Mutual Fun also to provide key information about the investor’s perception and preferen Mutual Fund industry. The study will help in getting information abou performance at distributors as well as at their own investment center or why go for Mutual Fund for investments. Study will also helps in finding o problems related to distribution. Managerial Usefulness of Study:
The study also provides the problems related to distribution of Mutua so that they can improve the service rendered by them as a distributor.
The study will also give information about prospective invest individual as well as institutional clients in areas of surrey where th get lead.
The study provides the complete information about all close compet Mutual Fund investment.
Readingfrom a Preview It provides the AMC You're a feedback customers regarding their pro and perception about investing in with mutual funds so that they can improv Unlock full access a free trial. services
Objectives:
Download With Free Trial
To study the Mutual funds industry in detail
Master yoursemester with Scribd To study the Investment procedure in Mutual funds Read Free Foron 30this Days Sign up to vote title & The New York Times Useful Not useful To study the Accounting and Valuation methods of Mutual Funds Special offer for students: Only $4.99/month.
Cancel anytime.
To study in brief various Mutual funds promoted by AnandRathi shar
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
them higher returns in medium to long term and can easily meet their fin goals.
Sheet Music
To look out for new prospective customers who are willing to invest in Funds.
Methodology: RESEARCH METHODOLOGY
I decided to do the project in two parts. The first part of the project is compr the study of Mutual Funds as a whole and the second part deals with the in perception regarding their investment preferences about investment in Funds.
The first part of the project i.e. descriptive study is comprising an study of Mutual funds as what it is ,why to invest and where to invest, risk associated with it ie, an overview of whole Mutual fund industry.
The second part ofYou're the project that is related to investors perception Reading a Preview investment in Mutual funds available in market. Indian Stock ma Unlock full access with a free trial. undergone tremendous changes over the years. Investment in Mutual Fun become a major alternative among Investors. The project has been carried Download With Free Trial understand investor’s perception about Mutual Funds in the context of their preference and explore investor’s risk perception .
The first part of the project relating the study of Mutual funds is collected t Master your semester withfrom Scribd secondary data obtained internet & books whereas the second part relat Read Free Foron 30this Days Sign up to vote title Investors perception about investment in Mutual Funds is covered using p & The New York Times Useful Not useful Cancel anytime. data. Special offer for students: Only $4.99/month.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
I had prepared a questionnaire for collecting information about second part project.
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd & The New York Times
DATA ANALYSIS
Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
INTERPRETATION
You're Reading a Preview
INVESTMENT IN MUTUAL UnlockFUNDS full access with a free trial. Download With Free Trial
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
9% yes 28%
no 63%
earlier,now stopped
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Interpretation:- The major part of the sample taken has invested in the Funds. The demand for the mutual funds have increased in the past few yea Master your with Scribd Tem manysemester Foreign players entering in the Indian market, Fidelity, Franklin Read Free Foron 30this Days Sign up to vote title DSP Meryll Lynch to name few. Still there arefew who areNot not investing in & The New York Times Useful useful Special offer for students: Only $4.99/month.
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Experience
26%
Less Than a Year 1-4 Years
53% 21%
More Than 4 Years
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Interpretation:- The experience in the market was the factor which influenc investments. There with are veryScribd few who have experience of less than a year. Th Master your semester Read Free Foron 30this Days Sign up to vote title those investors who entered into the market after noticing the rise inthe m & The New Timesof 12,000 mark by SENSEX Useful Not useful TheYork achievement was motivational force i Cancel anytime. Special offer for students: Only $4.99/month. Major part was having vast experience that is of more than 4 years. These ones who have been in the market and saw it rising to conquer the 10.000 pea
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
Sheet Music
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
T r a d i n g P r e f e re
16%
28 %
Speculati Investmen Both
56 %
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title & The New York Times Useful of Nottwo useful Interpretation: - The presence in the market is because reasons. Eit Special offer for students: Only $4.99/month. investors prefer to speculate
in st
nt
Cancel anytime.
and benefit out of it or it is simply to have it just like th fi d de sits et Main
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
Sheet Music
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Average Investment Period
50%
42% 25%
23% 10%
S1
0% Less Than
3-9 Months 9 months -
3 months
2 Year
More Than 2 Year
Investment Period Less Than 3-9 Months 9 months - More Than Series1
23%
10%
42%
25%
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Interpretation:- The investment period is very important to increase the
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
Sheet Music
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Factors Influen cing Invest 4 0% 3 0%
32 %
3 0% 2 0%
2 0% 1 0%
10%
6%
2%
0%
B r o ke N e w s M a g z F r ie n S e l f O t h e Series1 32% 1 0 %
6%
20% 3 0%
2%
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title Interpretation: - There are many factors which Useful influenceNot theuseful investment de & The New York Times
Cancel anytime. be the current news (political, technological, financia Magazines, friends, etc. in the study it proved that many people trust the b
of theOnly investors. It may Special offer for students: $4.99/month.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
Sheet Music
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Moderate
High
Low 0%
20%
40%
60%
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
Sheet Music
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
E x p e c t e d R is e In
12
8% 48
U p to 1 5 % 15-25% 25-35%
32
M o r e th a n
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
Sheet Music
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
P reference in Mutual Fu E q uity
B a la nced
Inco m e
ELSS
S IP
O thers
17 %
2%
M oney M ark
19%
15 %
1 8% 9%
20 %
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title & The New York Times Useful Not useful Interpretation:- There are different types of mutual funds available in the Special offer for students: Only $4.99/month.
Cancel anytime.
according to the needs of the investors. There are Equity funds, SIP, Income
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
Sheet Music
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
L o s s W illin g T o 60%
53%
50% 40%
35
Percenta 30% 20%
12%
10% 0% L e s s th a n 5 %5 -1 0 %
M o re T ha n 10%
You're Reading a Preview
Catego
Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Type of Sch
44 56
C lo s e d E n d e d FYou're uOnpdesReading n E n d ea dPreview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
“FINANCIAL SERVICES
1
Download
Magazines
News
Documents
Sheet Music
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
56%
60%
50%
40%
30%
23%
21%
20%
10%
0%
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
60%
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
56%
50%
40%
30% 23%
21%
20%
10%
0% BY NAV
RET URNS
Both
You're Reading a Preview
Unlock full access with a free trial.
Download With Free Trial
Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title & The New York Times Useful Not useful Interpretation:- From the data collected it is clear that most of people look Special offer for students: Only $4.99/month.
Cancel anytime.
returns that the Mutual funds are providing .They look at the returns not the
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
The study done was a tool to analyze the present setup and to know the in perception regarding investment in Mutual Funds . The study proved fruit many facts came to the light. The following were the findings of the study: People with less experience were inclined towards investment in the M Funds. It attracted as a safer avenue as compared to share market. 48% respondents reflected confidence and optimism in the context o investments. Mutual Funds are more of an investment option than the speculative a People tend to gain through long investments rather than through shor Income funds and ELSS are among the few top funds People are not willing to take much risk and bear loss. Broker’s advice matters to as much as 32% of the people. Major people preferred self-evaluation as best. •
•
•
• • •
Most of the people look at the returns that are given by a Funds56% are favour and only 23% people are there who consider Fund name and curren of the fund before investing into a Mutual Fund You're Reading a Preview
Experience was the main factor that made a person invest in mutual funds Unlock full access with a free trial.
Download With Free Trial
LIMITATIONS Theresemester were certain limitations faced during the study. Master your with Scribd Read Free Foron 30this Days Sign up to vote title & The New York Times Useful the Not useful Some people were not willing to disclose investment profile Special offer for students: Only $4.99/month. .The biased ness
Cancel anytime.
was being taken care of.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
QUESTIONNAIRE
Name: ...……………………..
Occupation: ………………………
Phone: ...……………………..
Investment Presently Held:
Please list the value of the assets in your total investments portfolio :( in Rs.)
Stocks:
______
Bonds:
______
Bullion: You're Reading a Preview
Options:
______
Unlock full access with a free trial. Govt.
Real Estate: ______
Mutual Funds: _______ _______
Securities:_______
Bank Download With Free Trial Deposits: _______
(1) Over the next 3-5 years, do you expect your annual income to change
Master your semester with Scribd Free Foron 30this Days Sign up to vote title Increase Decrease Read & The New same York Times Useful Not useful Special offer for students: Only $4.99/month.
Cancel anytime.
Rem
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
(3) What is your Experience in the market?
Less than a year
1-4 years
More
years (4) What is your Trading Preference?
Speculation
Investment
Both
(5) What is your Average investment period?
Less than 3 months.
3 to 9 months.
9 months to 2 year.
More than 2 year.
(6) Factors influencing the investment decisions?
Advice from Broker Current news Reviews in Financial Magazines Advice from Friends Self Evaluation You're Reading aOthers___________ Preview full access a free trial. (7) How much Risk are youUnlock willing to with take?
High
Download With Free Trial Low
Moderate
(8) What is your preference in Mutual Funds?
A. Equity.
Master your semester with Scribd Money Market Funds & The New C. York Times Special offer for students: $4.99/month. E. Only Balanced Funds
B. Income Read Free Foron 30this Days Sign up to vote title
D. ELSS
Not useful Cancel anytime.
Useful
F. SIP
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
(10) How much loss are you willing to take?
High
Moderate
Low
(11) Which type of Mutual funds do you prefer?
Open Ended Schemes
Closed Ended Scheme
(12) Do you get influenced by the name of Company promoting Funds?
No
Yes
(13) Do you get influenced by the returns given by a fund or by the cu NAV of a fund? By NAV
By Returns
(14) Any suggestions:
Both
You're Reading a Preview Unlock full access with a free trial.
……………………………………………………………....................... Download With Free Trial
………………………………………………………………………………
BIBLIOGRAPHY Master your semester with Scribd Sites visited & The New York Times 1. www.AnandRathi Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
shares and stock brokers ltd. .in
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
PART – B You're Reading a Preview
Unlock full access with a free trial.
Download With Free Trial
ON THE JOB TRAINING
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
CONTENTS Title of the On Job
Training
Objectives
Target/ Task Assigned
Strategies Applied
You're Reading a Preview Unlock full access with a free trial.
Download With Free Trial
Achievements
Master your semester with Scribd Limitations & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Sign In
Upload
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
“FINANCIAL SERVICES
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
ON THE JOB TRAINING
Title
To generate leads by telecalling, canopies, presentations at various Ba corporate offices & also by personal meetings and to close the deal along w handling of the customer’s queries regarding share trading, account openi maintenance, software installation and demonstration .
Objectives •
• •
• • • •
•
To create awareness among the people about the different produc services offered by the company in the market through telecalling, ca presentations etc. To generate leads for endorsement of deals. You're Reading a Preview To accompany the ‘relationship manager’ on his visits to the prosp Unlock full access with a free trial. clients. To open demat accounts. To learn how to work Download in a team.With Free Trial To acquaint myself with the work culture. To understand the operating terminals of both equity & commodity ma To learn the trading procedures of equity & commodity market.
Master your semester with Scribd Target/Task & The New York Times Special offer for students: Only $4.99/month. •
Read Free Foron 30this Days Sign up to vote title
Not useful Cancel anytime.
Useful
Overall Target: To generate business and gain experience in the ten
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
“FINANCIAL SERVICES
1
Download
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Personal Visits Clients References Promotional Activities Database provided by the co. or yellow pages.
Achievements
Applauded for managing the task of Account Opening efficiently. Given business (4 SIP). Generated revenues for the organization by performing heavy trad behalf of the self developed clients. I took an active part in CANOPY ACTIVITY at ANANDRATHI, VARANA
LIMITATION
Being a service industry, the quality is main concern in differentiation is not exactly measurable.
CONCLUSIONS
You're Reading a Preview
Unlock full access with a free trial. In a nutshell, I have learned various practical aspects of trading in the market. Download With Free Trial I have made about 50-100 calls per day in the initial days of training s generate maximum leads. In addition, I did personal meetings with clients in order to close the de I handled the queries of both the new & existing clients of the co Master your semester Scribd proc pertaining towith different issues like opening of accounts, trading Read Free Foron 30this Days Sign up to vote title etc. Times & The New York Not useful Useful Cancel anytime. I also assisted in executing trades from the existing clients so as Special offer for students: Only $4.99/month. brokerage for the company. •
•
• •
•
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
2.4K views
0
Upload
Sign In
Join
RELATED TITLES
0
ANAND-RATHI Tanuj Kumar Project Uploaded by Tanuj Kumar
Top Charts
Books
Audiobooks Magazines
News
Documents
Save
Embed
Share
Print
Download
Sheet Music
“FINANCIAL SERVICES
1
of 90
PRESENTATION OF SUMMER
Anand Rathi PROJECT
Search document
Learnt the technical procedures and analysis of various research system as marketing research and equity research. Learnt corporate culture.
Recommendations
[1] First Aid Kit for New Entrant into Securities Market this will be a ne towards a good service provider in this field. After all, this market depends after sales service. After seeing such a boost in the share market, not only ou generation but also the young generation is also so much excited to enter th market. Now the actual problem starts specially with the young ones in exci initially they invests the money & due to lack of experience they loose big b money in one go & later they blames the company about the loss. So, to mak train in the field we should provide them the initial precautions that they take while enter into the market.
“The More You Care For Your Customer More The Faith Will Get D From Customer Side” You're Reading a Preview
Unlock full access with free trial. [2] Provision for Class Room training for athe new investors for the above same thing to boost there moral and to give them something related to the will help them. Also someDownload tips canWith alsoFree beTrial given to these investor duri session as a precautions.
[3] Toll Free Number customers generally want to call to the respective bra asking some problems or give orders, a customer can save the money by dia Master your semester with Scribd the toll free number. It gives a feeling to the customer company Read Free Foron 30this Days Sign up tothat vote title care for & The New York Times Not useful Useful Cancel anytime. [4] Customer Care for general query handle initially customer want to solv Special offer for students: Only $4.99/month. her problem at the moment as it arises. Our relationship manager many time
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
