...For private circulation only A N e w s l e t t e r o f th e A s s o c i a t i o n o f M u t u a l F u n d s i n I n d i a January - March 2005 Vol : IV. Issue : IV FROM THE CHAIRMAN’S DESK Fiscal 2004-05 gone by, was a year with a difference for the mutual fund industry. It was the year in which the largest number of new schemes – 97 in all, were launched in a single year. This was a record. The amount mobilised by the new schemes at over Rs. 25,000 crores was also a new record. The gross amount garnered was as high as about Rs. 8.40 lakh crores – up by 42 percent over the year. But what is indeed discouraging, is the fact that the net accretion at only Rs. 2,154 crores was the lowest in the last five years. This was mainly due to the net outflow of over Rs. 14,000 crores from the Income Funds and Rs. 1,345 crores from Gilt Funds coupled with a substantially lower net inflow of Liquid Funds (Rs. 10,347 crores as against Rs. 24,577 crores last year). Inspite of 36 new equity schemes mobilising Rs. 11,756 crores, ten times more than in the previous year, the net mobilisation under equity schemes was only Rs. 7,247 crores, lower than in the previous year. May be, this is a temporary phenomenon reflecting the market realities and the scenario might change in the years to come. Yet, isn’t this a situation that needs to be analysed, lessons learnt and suitable measures taken ? Well, the industry has a challenge before it – a challenge to reach out to retail investors and to position...
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...MP A R Munich Personal RePEc Archive Attracting Microfinance Investment Funds: Promoting Microfinance Growth through Increased Investments in Kenya Jeffrey Ben Matu Duke University, International Development Program 18. April 2008 Online at http://mpra.ub.uni-muenchen.de/12084/ MPRA Paper No. 12084, posted 12. December 2008 17:42 UTC Attracting Microfinance Investment Funds: Promoting Microfinance Growth Through Increased Investments in Kenya Master’s Project Master of Arts in International Development Policy Terry Sanford Institute of Public Policy Duke University Jeffrey Ben Matu Principal Policy Advisor Dr. Graham Glenday April 18, 2008 Acknowledgements This paper could not have been written without Dr. Graham Glenday who not only served as my policy advisor, but also encouraged and challenged me to do my best. I would also like to thank my other committee members; Dr. Cory Krupp and Dr. Rosemary Fernholz for patiently guiding me through the writing process and for their suggestions and continued support. To my family and friends, I thank you for your encouragement with reading and commenting on the paper. And to my wife Sharon, for believing in me and encouraging me to never accept less than my best efforts. Finally I would like to thank Jennefer Sebstad, Leila Webster, Stefan Staschen, and Jerry Grossman for reading and making comments on my drafts. Thank you all. 2 Table of Contents List of Acronyms…………………………….…………………………………………….……………………...
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...[Type the document title] | [Pick the date] [Year] | [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] | [Type the document subtitle] | Table of Contents Type chapter title (level 1)1 Type chapter title (level 2)2 Type chapter title (level 3)3 Type chapter title (level 1)4 Type chapter title (level 2)5 Type chapter title (level 3)6 Bibliography AMFI india. (2014). Retrieved May 2014, from AMFI: http://www.amfiindia.com Debashish, & SathyaSwaroop. (2009). Investigating Performance of Equity-based Mutual Fund Schemes in Indian Scenario. KCA Journal of Business Management . Desigan, e. a. (2006). Women Investors’ Perception towards Investment: An empirical Study. Indian Journal of Marketing . Ippolito, A. (1992). Consumer Reaction to Measure of Poor Quality: Evidence from the Mutual Fund Industry. Journal of Law and Economics . Jain, P., & Sondhi, H. (2011). Market Risk and Investment Performance of Equity Mutual Funds in India: Some Empirical Evidence. Finance India . Jayadev, M. (1996). Mutual Fund Performance: An Analysis of Monthly Returns. Finance India . Jha, B. K., & Singh, A. K. (2009). An empirical study on awareness & acceptability of mutual fund. Regional Student’s Conference, ICWAI. Money Control. (2014). Retrieved May 2014, from http://www.moneycontrol...
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...TOBB EKONOMİ VE TEKNOLOJİ ÜNİVERSİTESİ İŞLETME BÖLÜMÜ 2014 - 2015 YAZ DÖNEMİ İŞL 537 – ULUSLARARASI PAZARLAMA Öğretim Görevlisi: Fulya Gürbüz E-posta: flygurbuz@gmail.com Ofis Saatleri: randevu ile ------------------------------------------------- Dersin İçeriği Temel Pazarlama ve Tüketici Davranışları bilgilerinin uluslararası, kültürler arası ortamlarda uygulanması ve başarılı Pazarlama Stratejileri geliştirilmesine yardımcı olmak amacı dersin ana konusudur. Ders Programı: Saat | CUMA | 19:00-20:00 | AMFİ 3 | 20:20-21:20 | AMFİ 3 | ------------------------------------------------- Dersin Kuralları Dersin İşlenişi: Derste anlatılanlar ve derste anlatılmadığı halde okunması için verilen materyallerde yer alan bilgiler sorumluluk dahilindedir. Dersin içeriği ile ilgili her tür bilgiyi dinlemek veya not almak öğrencinin yükümlülüğündedir. Derse geç gelen öğrenci derste yok sayılacaktır. Devamsızlık: Derse katılım zorunludur. Derslerin %30’undan daha çok devamsızlık yapılamaz. Toplam 11 hafta / 33 saat ders vardır; yani devamsızlığı 3 hafta / 9 saati aşan öğrenci devamsızlıktan kalmış sayılır. Kaç derse geldiğini takip etmek öğrencinin kendi sorumluluğundadır. Derse devam, katılım notunun sadece bir kısmını oluşturmaktadır. Dersin en az 8 hafta / 24 saatine devam eden öğrenciler %10’luk katılım puanı için değerlendirilmeye hak kazanırlar. Ders sırasında anlatılanlar, sınav ya da ödevler hakkında verilen bilgiler o derse gelmeyen öğrenci tarafından...
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...Since then, the Mutual fund companies have continued to grow exponentially with foreign institutions setting shop in India, through joint ventures and acquisitions. Later in 1995, the consortium of Mutual fund companies formed Association of Mutual Funds in India (AMFI), with an objective of guiding the industry into new path with healthy competition coupled with ethical practices. Figure 1: Growth in Asset Under Management (AUM) in Mutual Fund Industry from 1965 - 2015 For all the investors and employers involved in selling or marketing the mutual fund products, the Securities and Exchanges Board of India has made it compulsory to obtain the AMFI certification. Since the Mutual Fund sector reforms in 1990, the industry has come through a long way by adapting itself to the changes the occurs in its way. As fallout of Global recession, the industry experienced a slowdown only during the period and bounced back to grow at an unprecedented rate of 28% over last four years. Figure 2: Mutual Fund Investment vs FII Investment into India from 2000 – 2010 Source: SEBI Customer Segments The customer holding mix of Mutual fund consist of 54% Institutional investors whereas individual investors has a share of 46% as per AMFI stats. Indian, Foreign institutions combined comprises the institutional investors. There has been a downslide in the no. of investors from the year 2009 with 48 million to 39 million in 2014. But subsequently, the numbers have recovered to 43 million in 2015. ...
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...Introduction: Stock brokerage firms have been an established feature in the financial industry for nearly one thousand years. Dealing in debt securities, brokers employs a variety of systems to aid investors with the purchase and sales of stocks and bonds in a variety of markets. The firms have changed over the years, growing to massive organizations that can affect the entire financial sector positively or negatively with their performance. Changing with the times, the early twenty-first century saw a rise of online trading that enabled the average investor to take part in the stock market for the first time. History of stock brokering industry: The Indian broking industry is one of the oldest trading industries that have been around even before the establishment of the BSE in 1875. Despite passing through a number of changes in the post liberalization period, the industry has found its way towards sustainable growth. The stock broking duties are now mostly taken up by major organizations and companies with greater skills and expertise along with customized services. Though the services of stock broking firms are customized they can by the nature of their existence be differentiated as brokers and corporations who mainly provide services such as: equity broking, debt markets broking, money markets broking, foreign exchange broking, portfolio management broking, research & advisory services, registrar & transfer services, depository participant services, mutual fund...
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...Lock in your investments at current yield Must have Mirae Asset Fixed Maturity Plan - Series - II (Close Ended Income Scheme - 391 days) Fund Speak March 2014 Mirae Asset India Opportunities Fund (An open ended equity oriented scheme) This product is suitable for investors who are seeking* l long-term capital appreciation l Investments in equities, equity related securities l High Risk (BROWN) (BLUE) investors understand that their principal will be at low risk (YELLOW) investors understand that their principal will be at medium risk (BROWN) investors understand that their principal will be at high risk *Investors should consult their financial advisers if they are not clear about the suitability of the product. Factsheet data as on 28th February, 2014 Style Box * Style Large Mid Small Blend Value Marketcap Growth Portfolio Top 10 Holdings Equity Shares Infosys Ltd ICICI Bank Ltd HDFC Bank Ltd ITC Ltd Housing Development Finance Corporation Ltd Tata Consultancy Services Ltd Reliance Industries Ltd Divis Laboratories Ltd Bharti Airtel Ltd Larsen & Toubro Ltd Other Equities Equity Holding Total Cash & Other Receivables Total Dividend History - Regular Plan Record Date 27-Jan-14 14-Mar-13 22-Mar-12 10-Dec-10 09-Sep-09 % allocation 8.23% 6.39% 5.03% 4.94% 4.19% 3.75% 3.51% 3.23% 2.88% 2.77% 51.36% 96.29% 3.71% 100.00% Key Information Fund Managers & Experience : Neelesh Surana: 17 years of experience in Financial Services including Fund Management...
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...State Cooperative Banks • Urban Cooperative Banks Non Schedule Banks : • Cooperative Non Scheduled banks and credit institutions • Local Area Banks Cooperative Credit Institutions : Urban Cooperative Banks • Scheduled UCBs (55) • Non Scheduled UCBs( 1800) Rural Cooperative Credit Institutions: • Short TERM: 1. State Cooperative Banks(31) 2. Central Cooperative Banks( 370) 3. PACS(More than 1,00,000) • Long Term: 1. SCARDB(20) Important Financial Authorities in India RBI Governor : Dr D Subba rao Dy Governors: Dr K C Chakrabarty Dr Subir Gokaran Mr Anand Sinha Mr Harun Rashid Khan SEBI Chairman : Mr U K S inha IRDA : Chairman : Mr J Hari Narayan PFRDA: Chairman : Mr Yogesh Agrawal NHB: CMD : Mr R S Verma AMFI : Chief Executive : Mr H N Sinor Banking Network in India 167 Commercial Banks: 26 Public sector banks, 21 Private sector Banks(14+7) 14 old private sector banks, 7 new private sector banks, 31 foreign banks, 82 regional rural banks, 4 local area banks Co-operative Banks: 1,721 urban cooperative banks, 31 state cooperative banks and 371 district central cooperative banks. Private Houses applied to RBI for Banking Licence: Reliance Capital, India Bulls, Religare, IL&FS, IDFC, IFCI and Aditya Birla Financial Services S P GARG 11th July 2011 21 Private sector Banks(14+7) 14 old private sector banks, 7 new private sector banks, 31 foreign banks...
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...ANKIT FOGLA Mobile: 9831049274 E-Mail: ankitfogla@gmail.com [pic] Seeking positions in Sales, Marketing, Planning, Team Management, Budgeting, Key accounts management and Channel Management with an organization of repute Career Highlights Bharti Airtel Ltd. Since May’11 Key Account Manager – Corporate Sales Accountabilities ← Allocate functional areas to 12 sales managers based upon their skill level. ← Provide appropriate coaching to them to conduct focused research and ensure timely delivery of service and the achievement of the desired sales figures. ← Building strategy and tailoring bill plan constructs unique to the ever increasing communication demands of these corporates. ← Managing the accounts of over 145 corporates for service and penetration of telecom products and ensure incremental revenue earning from these relationships. Standard Chartered Bank Feb’10 – May’11 Relationship Manager – Premium Banking Accountabilities ← Supervising mapped branches for Priority Banking clients. ← Coordinating client meetings with various AMC’s (Asset Management Companies) in respect of their existing funds and potential NFOs (New Fund Offers). ← Managing the accounts of 110-120 clients for spending quality investment discussions with them by taking prior appointments. ← Attaining the direct revenue for the bank in tune of 36-38 lacs / p.a. out of fresh investments...
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...A PROJECT REPROT ON MUTUAL FUNDS IN INDIA EXECUTIVE SUMMARY In few years Mutual Fund has emerged as a tool for ensuring one’s financial well being. Mutual Funds have not only contributed to the India growth story but have also helped families tap into the success of Indian Industry. As information and awareness is rising more and more people are enjoying the benefits of investing in mutual funds. The main reason the number of retail mutual fund investors remains small is that nine in ten people with incomes in India do not know that mutual funds exist. But once people are aware of mutual fund investment opportunities, the number who decide to invest in mutual funds increases to as many as one in five people. The trick for converting a person with no knowledge of mutual funds to a new Mutual Fund customer is to understand which of the potential investors are more likely to buy mutual funds and to use the right arguments in the sales process that customers will accept as important and relevant to their decision. This Project gave me a great learning experience and at the same time it gave me enough scope to implement my analytical ability. The analysis and advice presented in this Project Report is based on market research on the saving and investment practices of the investors and preferences of the investors for investment in Mutual Funds. This Report will help to know about the investors’ Preferences in Mutual Fund means Are they prefer any particular Asset Management Company...
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...Workbook for NISM-Series-V- A: Mutual Fund Distributors Certification Examination National Institute of Securities Markets www.nism.ac.in This workbook has been developed to assist candidates in preparing for the National Institute of Securities Markets (NISM) Certification Examination for Mutual Fund Distributors. Workbook Version: July 2011 Published by: National Institute of Securities Markets © National Institute of Securities Markets, 2010 Plot 82, Sector 17, Vashi Navi Mumbai – 400 705, India All rights reserved. Reproduction of this publication in any form without prior permission of the publishers is strictly prohibited. Disclaimer The contents of this publication do not necessarily constitute or imply its endorsement, recommendation, or favoring by the National Institute of Securities Market (NISM) or the Securities and Exchange Board of India (SEBI). This publication is meant for general reading and educational purpose only. It is not meant to serve as guide for investment. The views and opinions and statements of authors or publishers expressed herein do not constitute a personal recommendation or suggestion for any specific need of an Individual. It shall not be used for advertising or product endorsement purposes. The statements/explanations/concepts are of general nature and may not have taken into account the particular objective/ move/ aim/ need/ circumstances of individual user/ reader/ organization/ institute. Thus NISM and SEBI do not assume any...
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...op Ranked Mutual Funds As on : Quarter ended June 2015 ------------------------------------------------- Top of Form Bottom of Form Methodology Large Cap | Crisil Rank | NAV (Rs./Unit) | 1 yr Return (%) | AUM (Rs. cr.) Jun 15 | | | Franklin India Oppor. (G) | Rank 1 | 59.24 | 33.0 | 380.49 | | | SBI Blue Chip Fund (G) | Rank 1 | 29.37 | 26.6 | 1,737.07 | | | Tata Equity Opp. Fund - Regular (G) | Rank 1 | 154.95 | 25.8 | 1,027.27 | | | Small & Mid Cap | Crisil Rank | NAV (Rs./Unit) | 1 yr Return (%) | AUM (Rs. cr.) Jun 15 | | | Can Robeco Emerg-Equities (G) | Rank 1 | 62.47 | 40.2 | 427.66 | | | Principal Emerging Bluechip(G) | Rank 1 | 71.42 | 40.2 | 468.60 | | | Tata Mid Cap Growth Fund (G) | Rank 1 | 106.22 | 40.3 | 446.83 | | | Diversified Equity | Crisil Rank | NAV (Rs./Unit) | 1 yr Return (%) | AUM (Rs. cr.) Jun 15 | | | Franklin High Growth Cos (G) | Rank 1 | 30.74 | 38.8 | 2,462.40 | | | ICICI Pru Exp&Other Services-RP (G) | Rank 1 | 46.91 | 37.8 | 550.36 | | | ICICI Pru Value Discovery Fund (G) | Rank 1 | 117.84 | 27.7 | 8,686.06 | | | Tata Ethical Fund (G) | Rank 1 | 132.97 | 27.5 | 280.59 | | | UTI MNC Fund (G) | Rank 1 | 157.14 | 48.8 | 1,030.10 | | | Thematic - Infrastructure | Crisil Rank | NAV (Rs./Unit) | 1 yr Return (%) | AUM (Rs. cr.) Jun 15 | | | Can Robeco Infrastructure (G) | Rank 1 | 39.53 | 26.4 | 106.38 | | | Franklin Build...
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...ssA Summer Training Project Report ON “A STUDY ON MUTUAL FUND COMPANIES IN INDIA WITH SPECIAL REFERENCE TO RELIANCE MUTUAL FUND AND UTI MUTUAL FUND.” IN [pic] SUBMITTED TOWARDS THE PARTIAL FULFILMENT OF THE MASTER’S DEGREE IN BUSINESS ADMINISTRATION 2009-2011, AFFILIATED TO GAUTAM BUDDH TECHNICAL UNIVERSITY (GBTU), LUCKNOW UNDER THE GUIDANCE OF: Mr. Sanjeev Kumar Shukla (Cluster Head- Delhi/NCR) KARVY, Ghaziabad SUBMITTED BY: SUNIL KUMAR Roll No.: 0903070054 MBA- 3rd Sem. [pic] SCHOOL OF MANAGEMENT, INDERPRASTHA ENGINEERING COLLEGE, GHAZIABAD, 201010 DECLARATION I, SUNIL KUMAR the student of Master of Business Administration, IPEC- Semester 3rd (2009-11) hereby declare that, I have completed this project on “A STUDY ON MUTUAL FUND COMPANIES IN INDIA WITH SPECIAL REFERENCE TO RELIANCE MUTUAL FUND AND UTI MUTUAL FUND.” The submitted information is true & original to the best of my knowledge. Date: Student’s Signature Place: (SUNIL KUMAR) Roll No. 0903070054 ACKNOWLEDGEMENT Before we get into thick of things, I would like to add a few words of appreciation for the people who have been a part of this project right from its inception. The writing of this project has been one of the significant academic challenges I have faced and without the support...
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...Analysis of Mutual Fund for SBI Mutual Fund and Securities Ltd. Final Managerial Economics Submitted by: SHUBHAM SHARMA Division: B Roll No: 42 Class: BBA.LLB PRN NO: 14010224105 OF Symbiosis Law School, NOIDA Symbiosis International University, PUNE In March 2015 Under the guidance of Prof. Sweta Saurabh & Prof Pushpa Negi Course in charge Index S.NO | PARTICULARS | PAGE NO. | 1. | C E R T I F I C A T E | 3 | 2. | ACKNOWLEDGEMENT | 4 | 3. | INTRODUCTION | 5-6 | 4. | HISTORY | 6 | 5. | DIFFERENT TYPES OF MUTUAL FUNDS | 6-8 | 6. | LITERATURE REVIEW | 8-11 | 7. | OBJECTIVES | 11 | 8. | RESEARCH HYPOTHESIS OF THE STUDY | 11 | 9. | ANALYSIS | 11-12 | 10. | CONCLUSION | 13 | 11. | REFERENCES | 14 | C E R T I F I C A T E The project entitled “Analysis of Mutual Fund for SBI Mutual Fund and Securities Ltd.” submitted to the Symbiosis Law School, NOIDA for Managerial Economis as part of Internal assessment is based on my original work carried out under the guidance of Dr.Pushpa Negi and Professor Sweta Saurabh from 17th December,2014 to 15th March ,2015. The research work has not been submitted elsewhere for award of any degree. The material borrowed from other sources and incorporated in the thesis has been duly acknowledged. I understand that I myself could be held responsible and accountable for plagiarism...
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...Business Management Dynamics Vol.2, No.2, Aug 2012, pp.01-09 Indian Investor’s Perception towards Mutual Funds Dr. Nishi Sharma1 Abstract The concept of mutual fund emerged in Netherlands in 18th century and introduced in India by Unit Trust of India in1960s. As the mutual fund industry provides an option of diversified investment structure with varying degree of risk, it was supposed to be the most lucrative market for Indian investors. It was believed that it will surely tap the savings of common man. But in practice it failed to become a primary choice for investment to Indian investor. During almost six decades (1965-2011) the value of assets under management of mutual fund industry experienced great swings. As against the developed countries where almost every second investor is a mutual unit holder, the product could not get much popularity in India. In this reference, the present paper attempts to investigate the reasons responsible for lesser recognition of mutual fund as a prime investment option. It examines the investor’s perception with reference to distinct features provided by mutual fund companies to attract them for investing in specific funds/schemes. The study uses principal component analysis as a tool for factor reduction. The paper explored three factors named as fund/scheme related attributes, monetary benefits and sponsor’s related attributes (having respectively six, four and four variables) which may be offered to investors for securing their patronage...
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