SUMMER INTERNSHIP PROJECT REPORT
“COMPARITIVE STUDY OF MUTUAL FUND IN INDIA”
SUBMITTED IN PARTIAL FULFILLMENT
TOWARDS THE AWARD OF
MASTER OF BUSINESS ADMINISTRATION
(2017 – 19)
University Roll No. : 178410240
MBA II YEAR (IV TRIMESTER)
INSTITUTE OF BUSINESS MANAGEMENT
This is to certify that Summer Internship Report entitled “Systematic Investment Planning of Mutual Funds with special reference to Bajaj Capital “carried at New Delhi which is being submitted by me towards partial fulfillment for the award of degree Master of Business Administration from Institute of Business Management , GLA University ,Mathura comprises only my original piece of work and due acknowledgement has been made in the text to all other material used.
No part of this project has been submitted elsewhere for whatever purpose concerned .
Date : Name: Rohit Agrawal
Roll no : 178410240
Batch : 2017-2019
An open-ended investment company could be a theme during which many folks invest their cash for a standard money cause. The collected cash invests within the capital market and also the cash, that they earned, is split supported the number of units that they hold.
The investment trust trade started in India during a tiny means with the UTI Act making what was effectively a little savings division at intervals the RBI. Over an amount of 25 years, this grew fairly with success and gave investors a decent return, and so in 1989, because the next logical step, public sector banks, and financial establishment were allowed to float mutual funds and their success bold the government to permit the non-public sector to encroach upon this area.
The advantages of a mutual fund are professional management, diversification, economics of scale, simplicity, and liquidity.
The disadvantages of a mutual fund are high costs, over-diversification, possible tax consequences, and the inability of management to guarantee a superior return.
The biggest problems with mutual funds are their costs and fees it includes Purchase fee, Redemption fee, Exchange fee, Management fee, Account fee & Transaction Costs. There are some loads which add to the cost of mutual fund. The load is a type of commission depending on the type of funds.
Mutual funds are easy to buy and sell. You can either buy them directly from the fund company or through a third party. Before investing in any funds one should consider some factor like objective, risk, Fund Manager’s and scheme track record, Cost factor etc.
There are many, many types of mutual funds. You can classify funds based Structure (open- ended ; close-ended), Nature (equity, debt, balanced), Investment objective (growth, income, money market) etc.
A code of conduct and registration structure for mutual fund intermediaries, which were subsequently mandated by SEBI. In addition, this year AMFI was involved in a number of developments and enhancements to the regulatory framework.
The most important trend in the mutual fund industry is the aggressive expansion of the foreign-owned mutual fund companies and the decline of the companies floated by nationalized banks and smaller private sector players.
BIRLA Mutual Fund, UTI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, and Birla Sun Life Mutual Fund are the top five mutual fund company in India.
BIRLA mutual funding is considered to be the most reliable mutual funds in India. People want to invest in this institution because they know that this institution will never dissatisfy them at any cost. You should always keep this into your mind that if particular mutual funding scheme is on a larger scale then next time, you might not get the same results so being a careful investor you should take your major step diligently otherwise you will be unable to obtain the high returns.
SRNO. TOPICS PAGE NO
1. INTRODUCTION OF MUTUAL FUND 2. COMPANY PROFILE 3. NEED FOR THE STUDY 4. WORKING OF MUTUAL FUND 5. BIRLA MUTUAL FUND vs. UTI MUTUAL FUND 6. MUTUAL FUND vs. OTHER INVESTMENT 7. MF JARGON 8. CONCLUSION 9. BIBLOGRAPHY Chapter: 1
INTRODUCTION OF MUTUAL FUND
There are a lot of investment avenues available today in the financial market for an investor with an investable surplus. He can invest in Bank Deposits, Corporate Debentures, and Bonds where there is low risk but low return. He may invest in Stock of companies where the risk is high and the returns are also proportionately high. The recent trends in the Stock Market have shown that an average retail investor always lost with periodic bearish tends. People began opting for portfolio managers with expertise in stock markets who would invest on their behalf. Thus we had wealth management services provided by many institutions. However, they proved too costly for a small investor. These investors have found a good shelter with the mutual funds.
CONCEPT OF MUTUAL FUND:
A mutual fund is a common pool of money into which investors place their contributions that are to be invested in accordance with a stated objective. The ownership of the fund is thus joint or “mutual”; the fund belongs to all investors. A single investor’s ownership of the fund is in the same proportion as the amount of the contribution made by him or her bears to the total amount of the fund.
Mutual Funds are trusts, which accept savings from investors and invest the same in diversified financial instruments in terms of objectives set out in the trusts deed with the view to reduce the risk and maximize the income and capital appreciation for distribution for the members. A Mutual Fund is a corporation and the fund manager’s interest is to professionally manage the funds provided by the investors and provide a return on them after deducting reasonable management fees.
The objective sought to be achieved by Mutual Fund is to provide an opportunity for lower income groups to acquire without much difficulty financial assets. They cater mainly to the needs of the individual investor whose means are small and to manage investors portfolio in a manner that provides a regular income, growth, safety, liquidity and diversification opportunities.
“Mutual funds are collective savings and investment vehicles where savings of small (or sometimes big) investors are pooled together to invest for their mutual benefit and returns distributed proportionately”.
“A mutual fund is an investment that pools your money with the money of an unlimited number of other investors. In return, you and the other investors each own shares of the fund. The fund’s assets are invested according to an investment objective into the fund’s portfolio of investments. Aggressive growth funds seek long-term capital growth by investing primarily in stocks of fast-growing smaller companies or market segments. Aggressive growth funds are also called capital appreciation funds”.
History and Corporate Profile of Bajaj Capital Limited
Bajaj Capitals Limited was incorporated in 1964 at New Delhi. It started as an investment consultancy company rendering advice for profitable investments in Company Deposits and Shares. Since then the organizations has grown by leaps and bounds, at present, they have a network of 65 self-owned offices and thousands of Broker Associates spread across the country enabling them to be one of India’s largest retail fund mobilizers for debt instruments. And in 34 years, they have also become India’s best known corporate fundraiser in the shape of fixed deposits/debentures/bonds/units/mutual funds/gift-hedged securities, equity shares/inter- corporate deposits etc. They are also providing Car finance, Insurance – both life and general, specialized NRI services, Financial Planning etc. services for our clients. They added a new dimension to the industrial finance in India in each in early 60’s by innovating a new financial instrument: Company Deposits.
About 5,000 prospective investors daily visit our various offices throughout the country to seek our expert investment guidance. Bajaj Capital started its operations from New Delhi. After its success in New Delhi, it extended its activities to other metropolitan cities of India i.e. Bombay, Calcutta, and Madras in order to cater to the needs of lacks of investors and thousands of corporate clients. After its success in these metropolitan cities, Bajaj Capital opened offices in other important cities of India like Bangalore, Ahmadabad, Hyderabad, Lucknow, Chandigarh, Ghaziabad, Noida, Faridabad, etc.. In addition to its offices at these places Bajaj Capital has about 8,000 representatives Broker Associates in all the nooks and corners of India.
In order to help its non-resident Indian investors clients to make investment in corporate and other securities in India, Bajaj Capital has its associates in UK, ie. Bajaj Capital (UK) Limited.
Bajaj Capital has NRI clients in USA, UK, West Germany, Italy, Netherland, Denmark,
Australia, Canada, France, New Zealand, Mauritius, Thailand, Singapore, UAE, Kuwait, Dubai, Egypt, Saudi Arabia, etc. and is providing them with a complete range of services.
Now after 34 years of its working, Bajaj Capital is geographically present in all the nooks and corners of India and also has a presence in important countries of the world through its Broker Associates and Clients.
Bajaj Capital is one of the largest mobilizers of Public savings in India in shape of various financial instruments like Companies Fixed Deposits, A unit trust of India’s Schemes, Mutual Funds, Bonds, Debentures, Small Savings Schemes, Equities, etc.
They have one of the largest “retail networks” among all the financial intermediaries in the country today with 63 full-fledged offices manned by about 300 financial experts and a strong team of over 6000 agents/representatives strategically located in every nook and corner of India.
Over the last 34 years of operations, they have developed a loyal and dedicated clientele of over 5,25,000 individually investors and nearly 2000 institutional investors.
In addition to investment planning and services, they are offering to their clients a complete range of “personal Financial Planning” products including Insurance, Auto Finance, Finance against property/Securities, etc.
Main Group of Companies
Bajaj Capital Limited
SEBI approved Merchant Bankers and Investment Consultants/Dealer on OTC Exchange of India.
Bajaj Capital Financial Services
(Member, Delhi Stock Exchange Association Ltd.)
Bajaj Capital (UK) Limited (Investment Services for NRIs ; FIIs)
Meaning of the BAJAJ CAPITAL Logo
Our logo depicts Lord Ganesha who is the source of all our values and ethics in business.
The large ears of Lord Ganesha remind us to hear more. We listen carefully to our clients to understand their needs.
The weight of the trunk on the mouth symbolises silence. We work silently, without blowing our own trumpet.
The long trunk symbolises continuous exploration. We explore all avenues to provide the best investment opportunities for our clients.
The heavy posture of Ganesha symbolises stability. We help our clients to attain financial stability through wise investments.
Lord Ganesha is known as the remover of obstacles and bestower of prosperity. We emulate His example and try our best to help our clients attain prosperity by proper financial planning.
Our logo has a yellow background. Yellow is a gold color which symbolizes wealth. According to Vedic lore, it is also the color associated with Brihaspati, the guru and counselor of the gods. We offer our clients sage counsel to make their wealth grow.
The letters are in red. Red is the colour of rajas, ” symbolising power and incessant activity. It symbolises our aggressive quest for your well-being and happiness.
The white streak represents the trunk of Lord Ganesha. White is the colour of satva guna, and implies our selfless commitment to your life-long happiness.
First Time First
Bajaj Capital Limited is the first corporate Body in India engaged in financial services/merchant banking activities. It was incorporated in 1963.
Bajaj Capital is the first Merchant Banking company in India which introduced new financial instruments, i.e. “Company Deposits” in early 1960’s First “Fixed Deposit Receipt” and “Application Form” were designed by them on behalf of Oberoi Hotels EIL Limited as Associated Hotals of India Ltd.)
Bajaj Capital is the first Merchant Banking company in India to start full fledged Merchant Banking activities i.e. Financial Supermarket way back in 1963: managing public issues,dealing in Equity/Preference shares, bonds, Fixed Deposits, Inter Corporate Deposits, Tax Savings schemes, mutual Fund Schemes, etc.
Bajaj Capitals is the first Merchant Banking company in India to open branches throughout the country. Now, we have 65 branches, 7000 sub- brokers and 5 lacs regular investor clients in every nook and corner of India.
Bajaj Capital is the first and the only Retail Merchant Banking company in India where about 7000 to 8000 prospective investors visit everyday in its various offices.
Bajaj Capital is the first Merchant Banking /Financial services Company which has a team of 300 professionals like Chartered Accountants, MBA’s, Bankers, Financial Experts, etc.
Bajaj Capital is the first Merchant Banking company which has its in-house Credit Rating Department in order to protect the interests of its investor clients.
Bajaj Capitals is the first company which has its in-house Legal Cell which provides free legal aid to its clients.
Bajaj Capital is the first Merchant Banking Company in India to open an office in United Kingdom – Bajaj Capital (UK) Ltd.
” WE ARE ALWAYS STRIVING TO GIVE THE BEST SERVICES AND FACILITIES TO OUR CORPORATE AND INDIVIDUAL CLIENTS.”
“With Us Sky Is not The Limit, It is the beginning”
Reasons why to invest through Bajaj Capital Limited
Old Establishment – Bajaj Capital is one of the oldest and largest Investment Consultancy in India in operation since 1964. In fact, companies deposit line was fixed introduced for the first time in India in early 1960’s by Bajaj Capital.
Vast and Modern Infrastructure – Bajaj Capital has a vast network of 65 offices spread all over the country. It covers all Metros and other important financial centres. They have a team of over 300 highly experienced employees including MBAs, Cas, Financial Analysts, Investment Consultants, Law Graduates and Stock Market experts. Our operations are fully computerised.
SEBI Authorisation – Bajaj Capital is authorised by Securities & Exchange Board of India (SEBI), a Government body specially created for investor’s protection. As per recent notification SEBI has warned that “Dealing with unregistered Brokers is risky and SEBI will not be in a position to entertain any complaints against such unregistered Brokers.
After Sales Service – “Service with a smile” is their motto. Their investment Consultant are specially trained to provide high personalized and professional to their investor advice. Their role does not end when the client has made the investment. They are known for their excellent “After Sales Services”.
Vast Variety of “Schemes” — They offer the largest variety of investment schemes suited to individual requirements of their clients keeping in view their return expectation. They are full fledged “Financial Supermarket” offering advice to their clients for investment in the following schemes :–
Fixed Deposit with Government Companies and other reputed Public limited companies (choice of over 200 companies)
Mutual Funds – Both Growth and Income Schemes
Unit trust of India – All Schemes
New issues of Share/Debenture
Taxable and Tax-free Bonds
Portfolio Advisory Services for high net worth clients.
Trading in UTI 1964 and Public Sector Bonds – Taxable and Tax free
Investment Advisory Services for Non-Resident Indians.
Investor Protection – They have a full fledged investor protection cell monitors/analyses performance and health of companies helping them which currently give unbiased investment advice.
Large number Of Satisfied Clients – Last but not the least, their biggest strength is their vast and dedicated clientele of around 52,500 individual investor spread all over India. The list of their clients includes cream of Indian Society retired Governors, Diplomats,
Bureaucrats, and top Corporate Executives, Army ; Civil officers and Around 2,000 Trusts and institutions also value their expert professional through them.
Mission, Aims ; Objectives of Bajaj Capital
Bajaj Capital’s Mission Statement
The focus of our organization is to be the most useful, reliable and efficient provider of Financial Services. It is our continuous Endeavour to be a trustworthy advisor to our clients, helping them achieve their financial goals.
To serve our clients with utmost dedication and integrity so that we exceed their expectations and build enduring relationship.
To offer unparalleled quality of service through complete knowledge of products, constant innovation in services and use of the latest technology.
To always hive honest everlasting and unbiased financial advice and earn our clint trust. To serve the community by educating individuals on the merits of Financial Planning and in turn help shape a financially strong society.
To create value for all stake holders by ensuring profitable growth.
To build an amicable environment that accords respect to every individual and permits their personal growth.
To utilize the power of teamwork to function as a family and build a seamless organization.
Strength of Bajaj Capital
Bajaj Capital Limited is a Category – I Merchant Banker registered with SEBI, bearing Registration No. INM000010544, valid through September 30, 2008.
Professionals at your service
Bajaj Capital’s Investment Banking Services are delivered by the Investment Banking Group, a crack team of highly qualified, experienced and motivated professionals.
We provide a range of highly specialized services that are customized to meet your specific needs. We are capable of handling everything, right from basic paperwork to devising creative, innovative and sophisticated solutions to meet the unique problems of our clients.
Strong Research Base
Bajaj Capital is a strongly research-driven organization. The Bajaj Capital Centre for Investment Research comprises highly qualified and talented professionals who constantly monitor the market and collect, collate, analyses and disseminate valuable information. BCCIR works in close coordination with the Investment Banking Group, providing vital inputs on a daily basis.
With over 120 offices in 50 cities and a network of over 10,000 Advisor Associates, we assure you a pan-India reach.
Bajaj Capital has an unblemished track record of over 40 years, and is among one of the most respected Financial Services companies in the country.
Excellent Industry Relationships
Bajaj Capital enjoys extremely cordial relationships with major institutions in the financial markets such as banks, insurance companies, mutual fund houses, PF Trusts, educational trusts, etc.
The company is also given the “THE BEST WORKPLACES 2008”
Services of Bajaj Capital
We offer a wide spectrum of Investment Banking Services to our clients in the Private and Public sectors.
As part of our Issue Management services, we:
Lead Manage public offerings of Equity and Debt under Book Built as well as Fixed Price Methods
Provide issue management services
Syndicate, underwrite and distribute the securities to a nationwide client base
We have consistently been one of the largest mobilisers of funds for debt and fixed income securities.
Private Placements/Preferential Issues
As part of our Private Placement and Preferential Issues services, we:
Advice our clients on regulatory norms and compliance requirements
Structure and design the instrument(s) along with their valuations
Draft the necessary resolutions and shareholders agreements/documents
Identify the prospective investors
Negotiate the terms of investment
We provide advisory services to our clients on potential takeover targets with the objective of taking over of the management/assets/businesses/brands. This includes
Working out takeover strategies a€” friendly as well as hostile
Offering advice on regulatory and compliance norms
Working out takeover/acquisition costs and budget
Drafting advertisements, offer documents, share purchase agreements/documents
Offering advice on funding options and post-acquisition consolidation strategies.
Buy-backs and De-listing
Buy-back and de-listing are reverse corporate interventions in the capital of the enterprise.
Advising our clients on necessity, need and requirement of buy-backs given certain capital market conditions ,working out optimal buy-back pricing strategies offering advice on the most suitable mode and method of buy-back apart from relevant regulatory and compliance norms .
Drafting offer documents, advising on funding options and post buy-back business strategies. Project Finance / Term Loans / Working Capital Syndication We work very closely with a large number of banks in public and private sector apart from the government-owned banks Negotiating rates and other terms and conditions with the interested banks and obtaining saction letters Offering advice on loan agreement and documents, and loans drawl schedules.
Advisory Services for Corporate and Capital Structure Restructuring and Consolidation and divestment of business, entities and units have become very prominent activity with regard to consolidation of shareholding; enhancing the market Valuation and generating cash reserves. Capital advice our client on corporate and structuring and we Restructuring with the clear objective of enhancing valuations of the enterprise in the long-term.
We provide advisory and consultancy services to corporate on how to raise funds from the overseas capital markets. Our overseas associates facilitate and advise our clients through us. Accordingly, we help our clients to design and structure the instruments, and prepare term sheets. In addition, we also offer advice on regulatory and compliance norms documentation, raising funds from identified investors listing and trading in securities.
Wide range services of Bajaj Capital
We offer a comprehensive range of services including financial planning and investment advice, and the entire gamut of financial instruments and investment products of almost all major
companies, both public and private. In addition, we also provide investment assistance by helping you complete all the formalities, and help you keep regular track of your investments.
These services and products are delivered through our network of 109 Bajaj Capital Investment Centers located all over the country.
We are also a SEBI-approved Category I Merchant Banker. We raise resources for over 1,000 top institutions and corporate houses every year, and offer specialized services to Non-Resident Indian (NRIs) and High Net worth Clients.
What you can expect from of Bajaj Capital
Sound, research-based advice
Unbiased, independent and need-based advice
Prompt, courteous service
Honest, ethical dealings, Accesability
FINANCIAL PLANNING SERVICES
Children’s future planning
Short term cash flow planning
They have a well trained professional team comprising MBA’s, CA’s, CS’s, Financial Analysts, Financial Planners, Investment Experts, Insurance Experts, and Law Graduates.
Generations of trust :
Families have trusted them with their investment over three generations – from Father to Son to Grandson. They have used their Investment Advisory and Financial Planning schemes to achieve lifetime investment success. They believe that experience can be bought but trust has to be earned.
Their Greatest asset is the trust of their clients which they have reposed in them for over 4 decades.
They enjoy the patronage of over half a million investors across India.
Clientele – Their Biggest Asset :
They are recognized as one of the largest fund mobilisers in the country. The investors constitute a community of over 6 lac individual investors and over 2500 institutions like Corporates, Charitable Trusts, Educational institutions, NGO’s and Scientific Research Organizations.
They are truly independent and unbiased investment advisors, suggesting products and services that are best suited for them.
As one of the oldest investment Advisory Companies, they have a research team that helps them scan through hundreds of products from across the market place, to pick only those that truly meet their needs.
They can be doubly sure that the advice they will give to them will be totally impartial.
Bajaj Capitals Value Added Services:
Regular Information Update – They keep their clients updated on the latest opportunities in the World of Investments.
Need based Advice – They give their clients customized advice only after understanding their needs and priorities.
Research Based Advice – Their professional research helps their clients with advice that is thorough and based on dynamics, Government policies and a close monitoring of global developments.
Free investment health check – They help their clients achieve their financial goals by assessing their risks tolerance level and recommend them a suitable asset allocation model.
Door-to-door service – They have a vast network of branches all over India, helping you to get services at your doorsteps.
Regular Information – They keep their clients updated on the latest opportunities in the world of investments through their in-house publications.
Accessibility – They have branches spread out across India, covering almost every nook and corner of the country.
Tailor made Solutions – Clients get easy transactions through our “investment Centres” even with a mere phone call.
Specialisation in all Client Segments – They offer Financial Planning for housewives, celebrities, professionals, ambassadors, army officers and others.
24-Hour Availability – They are available to their clients 24 hours a day, on their websites, www.bajajcapital.com.Bajaj Capital’s in-house publications For Investors :
Bajaj Capital investors India: — A monthly magazine, that helps their clients take the right decision in matters relating to investments, based on the principles of financial planning.
Money Multiplying News: — A fortnightly magazine that helps clients choose their best
options available for them for investments during that period.
Investors Select Lists: — A monthly list of the latest investment options covering all financial products like Company FDs, Equity Mutual Funds, Debt Mutual Funds, Insurance Schemes, and others.
Investment Outlook : — A monthly research report that gives an overview of the debt and equity markets. Also gives a technical trend analysis of the market.
Tax Planning Guide: — An annual guide that educates the client how on how to avail certain exemptions, deductions, rebates, and relieves, in order to minimize their tax liability.
Guide to Financial Independence: — A practical financial guide on how to be financially independent.
Voluntary Retirement Scheme Guide: A special guide that helps clients plan their finances according to their needs after they take voluntary retirement.
Reasons why invest only through Bajaj Capitals?
40 Years of service to investors – Bajaj Capital is one of the oldest and largest Investment Advisory Companies in India, in operation since 1964.
Nationwide Presence and modern Infrastructure: — Bajaj Capitals has a vast network of 96 offices all over the country and a team of over 450 highly motivated professionals. Their operations are fully computerised.
SEBI Authorization – Securities and Exchange Board of India (SEBI) is an authorised merchant bankers, investment advisors and financial planners.
After sales service – Their role doesn’t end when clients have made their investments. They feel obliged to solve their queries even after they have invested with them.
Vast variety of schemes – They are full-fledged ” financial Supermarket” offering advice to their clients on a large variety of financial products.
Research Centre – They have large Research Centre, where experts constantly monitor and analyse the industry, economy and various schemes performances to give them unbiased investment advice.
Independent Investment Advice – They are one of India’s few independent Investment Advisory companies. They are not promoted by any bank, mutual fund or NBFC, and are hence able to give truly neutral advice.
Strength – Their largest strength is their vast and dedicated clientele of around 6 lac individual investors all over India.
Bajaj Capital now introduces 360 degree financial investments.
Experience the power of Bajaj Capital’s 360º Financial Planning
The only thing permanent in life is change, Times change. People change. So does life. You expect life to be much better tomorrow than it is today. Tomorrow, you hope to fulfill all your dreams and aspirations. But what happens if things take an untoward turn? Or, if there is an eventuality? Perhaps it’s time for you to change the way you plan your investment.
CANFIN HOMES LTD
ICICI HOME FINANCE
J.K. LAXMI CEMENT LTD.
J.K. INDUSTRIES LTD.
JAGATJIT INDUSTRIES LTD.
JAIPRAKASH ASSOCIATES LTD.
JINDAL STEEL & POWER LTD.
JK PAPER LIMITED
KERALA TRAN DEV. FIN LTD.
LIC HOUSI NG FINANCE LTD.
MADRAS FERTILIZERS LTD.
NATIONAL HOUSING BANK(SUNIDHI SCHEME)
PNB HOUSING FINANCE
SHRIRAM PISTON & RINGS LTD.
SURYA ROSHNI LTD.
TATA MOTORS LTD.
DELPHI-TVS DIESEL SYSTEMS LTD.
LIFE INSURANCE COMPANIES
RELIANCE LIFE INSURANCE
SBI Magnum Sector Fund umbrela
SBI Magnum Index FundSBI Magnum Multicap FundSBI Magnum MultiplierSBI Magnum Tax GainSBI Growth Fund
Tata Growth FundBirla Advantage FundDSP ML Equity FundDSP ML TOP 100 Equity FundFranklin India Bluechip FundHDFC Equity FundHDFC Growth FundHDFC TOP 200 FundPrudential ICICI Discovery FundPrudential ICICI Growth FundPrudential ICICI Power FundReliance Growth FundSundaram India Leadership FundSundaram Select Focus FundABN AMRO Equity FundHDFC MUTUAL FUND Balanced fund
Duetche Mutual fundSundaram Debt fundUTI debt fundsSBI Debt fund series
Sundaram balanced fundsSBI Mutual fund
Birla Balance FundDSP ML Balanced FundFT India Balanced FundHDFC Balanced FundHDFC Prudence FundPrudential ICICI Balance FundSundaram Balanced FundTata Balanced FundBirla sunlife Mutual Fund
HDFCHSBCSBI Magnum Income Plus FundSBI Magnum gilt fund
SBI Magnum Income FundSBI Magnum Monthly Income PlanTempleton Floating Rate Income Fund – STPBirla Floating Rate Income Fund – STPTempleton Floating Rate Income Fund – LTPDeutsche Floating Rate FundHDFC Floating Rate Income Fund – STP
HDFC Floating Rate Income Fund – LTP
Deutsche Floating Rate FundGrindlays Floating Rate Fund -LTP
Grindlays Floating Rate Fund – STP
SBI Magnum fund NRI
Prudential ICICI Floating Rate Fund – LTP
Duetche Mutual fund
Institutional Income Fund
SBI Magnum Insta Cash FundSBI Magnum Insta Cash
Sundaram Equity funds
SBI Sector UmbrelaUTI Equity funds
The main purpose of this project was to open and operate the investment firm. This helps to understand the data of use from each other, from the beginning, from growth and in future.
It also helps completely different comprehensive schemes of mutuos funds. As a result of this study, these trustees and materials are also provided, due to these payments and input, due to the payments related to these schemes.
The study of the project was carried out to determine the output, the load of input, the load of output, related to the mutual funds. In the first instance, this could help to get a partnership on the services related to entries.
? Thoroughly consider the benefits available on the investment of the Mutual Fund.
? Find out what types of schemes are available.
Discuss Discuss the trends of the investment market in mutual funds.
? Study some of the finances.
? Study some companies of mutual funds and their funds.
? Look at the management process of mutual funds funds.
? Explore the subjects related to subjects in Ireland.
? Give an idea of ??the controls of mutual funds.
• The lack of information sources for the analysis section.
• Although asked to complete some data, they were affordable for the fines.
• The money and money are critical facts that this study provides.
• The data provided through the prospects can not be 100% correct and have their
• The study goes on selected schemes of mutual funds.
WORKING OF MUTUAL FUND
Why select the mutual fund?
The risk-return compensation indicates whether or not a corporation is distinguished by a superior position, by the result of the performance of the investment and vice versa, so as to regulate the structure of the fund, the execution and the execution of the project. più. For example, if investors choose the bank FD, a new moderato with token risk.
However, a jellyfish has per capita in protected capital funds jointly, the bonus bonds that offer additional bonuses are slightly higher compared to bank deposits, however, the possibility in question will also increase in the same proportion select mutual funds as their principal medium inverse, since mutual funds offer specialized administration, diversification, convenience and liquidity. That does not mean that the investments of the investment companies are without risk.
But how effective is it that it accumulates is not only endowed with funds from debts that are less risky, but also states endowed in the stock market that involve the following risk, however, expect higher returns.
Hedge funds involve a terribly high risk, since it is largely in the derivatives market and is taken into account as very volatile.
RETURN RISK MATRIX
BIRLA SUNLIFE MUTUAL FUND Vs UTI MUTUAL FUND
BIRLA MUTUAL FUND UTI MUTUAL FUND
When Started? Set out in 1995,
At present,the company number one in India.
Established in 1964.
First mutual fund company in India
How they came into business Registered in the SEBI as a fiduciary under the Law of Trust of India, 1882
By the UTI law approved by Parliament in 1963.
Minimum investment. Rs. 500
Oil products: 4-8%
invest in 12-20 sectors that:
Automobiles ,Car attachment,finance, Industrial Capital Goods, Telecommunications services, Power, Construction Project, Hotels, Retailing, Media & Entertainment, Transportation etc
Financial Service: 16-22%
Consumer goods: 08-14%
invest in 7-15 sectors that include:
IT, Telecommunications, Automobile, Cement Products, Derivatives, Textile, Metals etc
Main Funds. BIRLA Diversified Fund,
BIRLA Equity Opportunity Fund,
BIRLA Regular Saving Funds UTI Dividend yield Fund,
UTI Opportunity Fund
Type of fund offered Variable income Fund, Debt Fund, Specific Fund of the sector and Gold Exchange Fund.
Capital Fund, Index Fund, Asset Fund, Balanced Fund, Debt Fund (Income, Liquid)
Numbers of schemes offered 106 schemes 107 schemes.
Distribution Online and internet based distribution.
BIRLA outlets and branches.
Tie-up with Post offices branches.
UTI outlets and branches.
Is any other venture? Life Insurance
Broking & Distribution
Assets Reconstruction. UTI Bank
BIRLA MUTUAL FUND
The BIRLA investment company (RMF) established as an agreement in accordance with the Ley de Fidicomisos de la India, 1882. The RMF sponsor is BIRLA Restricted Capital and BIRLA Capital Trustee Restricted Co is the Trustee.
He was absolutely registered in the Gregorian calendar, thirty-third month, 1995, the company of investment BIRLA Capital, which was being amended at the same time as of March 2004.
The BIRLA investment company has proven a variety of program units of the units provided to the general public with a lecture to assist the market of the capitals and that it is expressed that it makes an investment of forming investments in large-scale securities.
The BIRLA investment company constantly strives to launch innovative merchandise and customer service initiatives to expand the price to investors. “BIRLA’s administrative unit of the company’s area of ??the company by BIRLA Capital quality Management restringida, one subsidiary of BIRLA Capital restringida, comprising ninety-three .37% of the capital paid by RCAM, the balance paid is controlled by minority shareholders “.
Sponsor: BIRLA Capital Limited.
Trustee: BIRLA Capital Trustee Co Limited.
Investment manager: BIRLA Capital Asset Management Limited.
The Sponsor, The Trustee and the Investment Manager incorporated in conjunction with the Act of 1956.
“Be a creative creditor around the world with a view to customer and culture of good corporate government”.
Status of the Mission
To create and inspire and promote the world and intend to eradicate our customers.
The main objectives of trust:
• To keep any additional activity as well as legal and formulate and adapt to various
matters relating to entry and for people in the People’s and future Citizens and
also to ensure that the Commission invests;
• Describe these installations so that they can find out about the payments.
• Take occasional pasta that may be necessary to understand the results without
Schemes of equity / growth:
The objective of the growth funds is to assess the capital on average and in the long term. Tales schemes play a great deal with many of the activities. These funds have comparatively high risks. The plans of real weight are indicating the entries that have a semi-centered attitude in assessing what is related to it.
1. BIRLA Infrastructure Fund (Open Equity):
The main objective of the project is to achieve the content is that capital changes will be increased through investments related to instruments and instruments related to companies participating in infrastructures (Aeropuertos, Construct, Telecommunications, Transportation) and The services related to this infrastructure and measure In addition, the industry program, in the country, also provides the following, and the other purpose is to get back the form of trusts and arrangements .
The investment approach will issue the potential of expansion and the important economic differences of the country. El Fondo aims to maximize the long-term total of the finances in general and the arrangements related to activities whose principal centers are in Barrat.
2. Quant Plus BIRLA Fund / BIRLA Index Fund (Open Equity):
The purpose of the use is to obtain the material on the restoration of the capital and the instruments related to the capital. The topic may search for the achievement of the capital of the finances in one of the actions selected by S & P CNX that there is nothing in the maths type.
An investment fund related to the method chosen by the assessment.
3. BIRLA Natural Resources Fund (Open Equity):
The main objective of negotiating is to obtain the material to achieve the materials of use in terms of businesses that are major to the development, development or distribution, and therefore the objective is to There are grants made up of the finances. The debt and the amounts deal.
The natural facilities may be included, for example, energy sources, precious and different metals, forest products, food and agriculture, and various products.
4. BIRLA Connectivity Safety Fund (10 years of closed capital):
The main objective of the objective is to achieve remuneration for a long-term period of the company that is applicable in conjunction with income efforts.
The material may invest in capital shares in foreign corporations and convertible instruments in capital shares of national or foreign corporations and derivatives, as well as the rules issued by the SEBI and the count.
5. BIRLA Equity Advantage Fund (Different Diverse Open Grant):
The main purpose of using the material is for the benefit of semi-capacity development of capital revalorization in one of the archives that are made principally with instruments of capital and instruments related to S & P CNX and also in school. The objective is to achieve the following and finance for the following.
6. BIRLA Equity Fund (Unfair Equity Diversity Fund on Different Equity):
The main purpose of negotiation is to obtain the material to accrue to the long-term possibility of revalorization of capital by means of investment during the portfolio of activities and activities related to activities of corporate corporations and of Some corporations are considered within the derivative phase. From time to time, and therefore, the objective is to make repayments through investing the services and arrangements.
7. BIRLA Cáin Saver Fund (ELSS) (open capital):
The main objective of the objective is to achieve the best material on the capital that accompanies the instruments and instruments associated with the capital.
• The investment of up to the eligible capitalist of Rs 100,000 during the road would modify it to benefit from the benefits of Section 80C (2) of the Income Tax Act, 1961.
• The dividends received totally exempt from taxes.• The dividend distribution tax (payable by the AMC) for equity schemes is additionally zilch.
1. BIRLA Growth Fund (Open-Ended Equity):
The main objective of the project is to understand the development of the capital.
2. BIRLA Vision Fund (Open-Ended Equity):
Initially, in an inversion of the original project, the rivalry of the rivalry is inverted in capital.
3. Birla Equity Opportunities Fund (Equity Diversified Open-End):
The main objective of the project is to find a way to convert the capital of a capital into a capital of capital into a capital of the capital of the capital and then the capital of the capital, and the secondary of the reverse of the corresponding to the part of the inverse.
4. Birla NRI Equity Fund (Equity Diversified Open-Diversity Equity Fund):
The financial capital of the financial capital of the capital of El Salvador is the capital of the financial capital of the capital city of the capital city.
5. Birla Long Equity Fund Equity Fund (Equity Diversified Equity Fund):
A principal of the central bank’s recurring corpus, a subsidiary of the financial capital of the country, has been granted an accusation and accumulation of taxes and accumulations of loans made by the financial capital of the country, as well as the secondary securities.
Conversations on enforced a long term settlement date of 36 days for a decision on the adjournment. The maximum amount of 70-100% of financial expenditures in the country’s exposure to peasants and medicines for capital expenditure was increased.
6. BIRLA Regular Savings Fund (Open-Ended Equity):
The BIRLA Regular Savings Fund has been expanding into more than 20 years of its inception, because of its involvement with the objections of the accusations. Rs.100 / – Regular BIRLA The primary reason for India, is to find a suitable replacement for a servicer for the first time in order to make an automobile for the automobile disciplines for VISA.
Conclusions of 3 seasons of inversion, in which you have the knowledge, look and feel for a person.
A). DEUDA / RÉGIMEN DE INGRESOS:
Elsewhere in the history of financing the financers in the field of financing the financers, the regulators and the constant are inversion. invested in the value of the company’s finances to the corporations, with the obligations of companies, the value of the industry’s value of the industry, not more than two variables in fluctuations in the variable variables, as well as the capital of the city of Los Angeles, the capital of the country. If you want to know more about the future, then you have the probability of being able to navigate through the navigational festivals in the cottage and plaza. Sin embargo, inverted semiconductor system, is no more than the limitations of the capacities of fluctuations.
1. Plan of ingenuity of BIRLA:
as well as the distribuitable exclusivity of the theme. an inexpensive way to get a customized payment system for dividends and regulators, but it is not possible to sell securities.
1. Birla Gilt Securities Fund – Short Term Gilt Plan and Long Term Gilt Plan:
(Open-ended government securities theme) The first objective of the scheme is to get the best credit non-dangerous returns by finance in a portfolio of securities issued and secured by the government and the government.
Birla Income Fund:
(An open-ended financial benefit plan) The first objective of the subject is to achieve the optimum return in phase with the middle level of the risk. This financial benefit portfolio is also complemented by capital appreciation. As a result, the investment will be prepared in the Department of Debt.
3. Birla Medium Term Fund:
(An Open Finnish Financial Advantage Theme with any assured return) The first investment objective of the subject is to get regular financial benefits so that unit holders can be paid regular dividend payments and therefore the secondary objective is to increase capital.
4. Birla Short Term Fund:
(An Open Finnish Financial Benefit Scheme) The first investment objective of the subject is to come up with a brief investment horizon by financially in financial gain, with stable returns for investors, short maturity securities.
5. Birla Liquid Fund:
(Open Ended Liquid Theme) is the first investment objective of the scheme
Get the optimum return at a moderate level of risk and high liquidity. Consequently, investment loans and market instruments will be prepared in.
6. Birla Floating Rate Fund:
(One Open Finnish Liquid Scheme) The first objective of the theme is to get regular financial benefits through floating rate debt securities (floating rate securitized debt and market instruments and floating rate, including floating rate data instruments, swap portfolio Return). The subject will invest jointly in ascending rate loan securities (mounted rate secured loans, market instruments, and floating rate debt instruments for mounted returns).
7. Birla NRI Income Fund:
(An open-ended financial benefit plan) The first investment objective of the subject is to get the best returns in step with the middle level of risk. This financial benefit can also be complemented by the capital appreciation of the portfolio. As a result, the investment will be prepared in the Department of Debt.
8. Birla Liquidity Fund:
(An Open-ended Liquid Theme) The investment objective of the plan is to achieve optimum returns at a per-level level of risk and high liquidity. Consequently, investment loans and market instruments will be prepared in.
9. Birla Interval Fund:
(A Debt Oriented Interval Plan) The first investment objective of the theme is hunting in a very diversified portfolio to come up with regular returns and capital growth.
10. Biman Liquid Plus Fund:
(An open-ended financial benefit subject) The investment objective of the scheme is to come up with the optimum returns of the middle level of risk and liquidity by investing in debt securities and market securities.
11. Birla Fixed Horizon Fund-1:
(One Stop Scheme) The first investment objective of the subject is to regularly seek out returns and capital growth in various portfolios.
12. Birla Fixed Horizon Fund-II:
(One end-of-the-end theme.) The theme’s first investment objective is to regularly hunt the hetero genus portfolio to come up with regular returns and capital growth.
13. Birla Fixed Horizon Fund- III:
(A close-ended financial profit theme.) The first investment objective of the theme is to hunt During a diversified portfolio, investments come regularly with returns and capital growth.
14. Birla Fixed Tenor Fund:
The first investment objective of a (a close-ended scheme) system is to hunt to get it regularly Returns and development of capital through investment during a diversified portfolio.
15. Birla Fixed Horizon Fund – Plan C:
(One end-of-the-end theme.) The first investment objective of the subject is to make hunting in regular portfolios with regular returns and capital growth.
16. Birla Fixed Horizon Fund – IV:
(A close-ended financial benefit theme.) The first investment objective of the theme is to regularly invest in returns and capital growth in a very broad portfolio.
17. Birla Fixed Horizon Fund – V:
(A close-ended financial benefit theme.) The first investment objective of the topic is to come up with the development of regular returns and capital for the development of financing in a very distributed portfolio: central and authority securities and other high income / debt Securities are generally maturing with the profile of the theme, with the goal of limited range of interest volatility
18. Birla Fixed Horizon Fund – VI:
(A Close-ended financial gain Scheme) the first investment objective of the theme is to hunt to get regular returns and growth of capital by investment during a heterogenous portfolio of: – Central and government securities and Other fastened income/ debt securities ordinarily maturing in line with the time profile of the series with the target of limiting charge per unit volatility.
1. Birla Fixed Horizon Fund – VII:
(A close-ended financial benefit theme.) The first investment objective of the subject is to provide a very distributed portfolio for the development of regular returns and financing – the central and governance securities and other fast income / debt securities with the financing of the victim To do. Generally, with the goal of limited volatility, the time of the series is matured in line with the profile.
a). Sector-specific schemes:
These are the funds / schemes that invest in the securities of such areas or
Industries eg Prescription drugs, software, FMCG, raw stock etc. Returns in these funds are obscure on the performance of many sectors / industries. So far as these funds can provide higher returns with Money
1. Birla Banking Fund:
Birla Investment Firm’s associate is the open-ended banking sector subject, in which the active investment in equity / equity or the financial benefits of the banks are the first investment objective to come up with continuous returns by active investment in the securities.
2. Birla Diversified Power Sector Fund:
Birama diverse energy field topic associate degree is an open-ended power sector theme.
The primary investment objective of the subject is to try to come up with continuous returns by investing in the equity / equities related to the electricity and various related firms or actively financing the financial benefits securities.
3. Birla Pharma Fund:
Birla Drug Company Fund Nursing is an Associate in Open-End Pharmaceutical Company Sector Theme. The first investment objective of the subject is to get constant returns by investing in equity / equities or investing in the financial benefit securities of the pharmaceutical company and various related firms.
4. Birla Media and Entertainment Fund:
Birla Media Fund is a partner in nursing open-end media sector theme.
The primary investment objective of the theme is to come up with constant returns by investing in equity / equity or investing in the financial benefits securities of the media and various related firms.
B). Birla Gold Exchange Business Fund:
(An Open-ended Gold Exchange List Fund) The purpose of the investment is to produce returns that return the value of gold (and Gold-related securities permitted by the regulators from time to time) through the investment in physical gold. Match closely with. However, the theme’s performance can be released from the domestic cost of gold due to expenses and various associated factors.
UNIT TRUST OF INDIA MUTUAL FUND
‘India Trust Trust was formed by UTI Trust, passed Parliament in 1963. For twenty years it was the only vehicle for Indian voters to invest in the capital market. In the nineteenth century, public sector banks were allowed to open a mutual fund. Within the secondary frequency business, the important timetable and competitiveness regime came with the introduction of SEBI and its birth in 1993 in the medium frequency rules. After the huge fall in market index and negative capitalist till 2001, ITI retained its iconic position in 2001 when Ketan Parekh scam created investors to suspect UTI’s ability to fulfill their obligations. It was more composed by 2factors; Specifically, its flagship and biggest theme is U.S. Sixty-four was sold and was purchased again on the internal NAV, however at the option price and it has been assured that the schemes had a safe return in the form of eighteen from the amount of up to 2 decades.
The occupation was transferred to four institutions to prevent the government from running a fund; Especially SBI, LIC, BOB and PNB, each 25th stake. UTI quickly lost its market dominance and by the end of 2005, new shareholders actually paid the government thought cash, returning to the top of the 100 percent in its market share.
A new board was well surrounded and a replacement management was involved. A scientific study of the role and actions of its issues was completed with the help of an estimated international authority. Once UTI has emerged as a heavy player within the business. Many funds have won famous awards, along with the fund from the lip to the bottom of the world at the bottom. UTI has been able to benchmark its workers’ compensation in the simplest manner within the market.
In addition to running domestic mid-frequency plans, UTI AMC is additionally a registered portfolio manager under the SEBI (portfolio manager) rules.
This company runs 2 no-hit funds with massive international investors being active participants. UTI
has additionally launched a non-public Equity Infrastructure Fund together with HSH Nord Bank of European country and Shinsei Bank of Japan.
To become the most favorite mutual fund.
• Most trusted brand, praised by all stakeholders.
• Largest and most efficient money manager with global presence
• The best in class customer care provider
• Most Favorite Employers
• Newest and Best Money Builders
• A socially responsible organization that is known for best corporate governance
Property Under Management:
UTI Property Management Company Limited
• State Bank of India
• Bank of Baroda
• Punjab National Bank
• Life Insurance Corporation of India
UTI Trustee Company Limited Reliability
UTIMF has constantly reset and upgraded the transparency standards. To ensure cost-effective and efficient service, all the branches, UFC and Registrar offices are connected on a strong IT network. All these have developed to develop UTIIMF in the form of a dynamic, responsive, reorganized, efficient and transparent unit, which fully complies with SEBI rules.
a). Equity fund
1. UTI Energy Fund (Open Ended Fund):
Investments in shares of companies engaged in the following will be invested:
A) Petro sector – oil and gas products and processing.
B) All types of power generation companies.
C) Companies related to energy storage.
D) Companies are related to energy development equipment (like gasoline and
E) Consulting and Finance Companies
1. UTI Transportation and Logistics Fund (Auto Sector Fund) (Open Ended Fund):
Transportation objective “Capital appreciation” is the investment objective through investment in stocks and shares of businesses engaged within the supply of the region. Minimum portion of the fund is invested in equities and equities linked instruments. At least the eighth riches are invested in equities and equity-connected equipment, which are mainly engaged in providing transportation services, which mainly include construction equipment, construction, distribution or transport equipment within the transport area and Firms are engaged within. Money is invested up to 100 percent in cash / money market instruments.
2. UTI Banking Sector Fund (Open Ended Fund):
With an aim of capital appreciation through investment within the shares of companies / institutions engaged in activities of banking and money services, an open-ended equity fund
3. UTI Infrastructure Fund (Open Ended Fund):
With the goal of capital appreciation through investment within the shares of businesses engaged in sectors like metals, building materials, oil and gas, electricity, chemicals, engineering etc., an open-ended equity fund Funds can invest within the fund such as those which are part of Infrastructure Industries.
4. UTI Equity Tax Savings Plan (Open Ended Fund):
An open-ended equity fund invests at least eighty percent of equities and equity-linked instruments. Its aim is to provide faculty members with the benefit of tax deduction under Section 80C of the IT Act and the benefits of development.
5. UTI Growth Sector Fund – Pharma (Open Ended Fund):
An open-end fund that completely invests within the equity of drug company sector corporations. This fund is one of the expansion areas, which is planning to invest in bulk drugs, formulations and corporations engaged in the production and sales of business and services.
6. UTI Growth Sector Fund – Services (Open Ended Fund):
An open-end fund that invests within the equity of service sector corporations of the country. One of the funds from each extension area will offer capital growth on the higher amount of your time on the formation of financial benefit distribution by financing the shares of the corporations engaged in service sector like banking, finance, insurance, education, training. Telecommunications, travel, turn, hotel, etc.
7. UTI Growth Sector Fund – Software (Open Ended Fund):
An open-ended fund which invests entirely within the equity of the Code Area Corporations. In order to invest in the data technology sector for the supply of returns through financial growth through financial gain distribution, in the data technology sector, one of each extension sector funds to invest in the equity shares of happiness
8. UTI Master Equity Arrangement Unit Scheme (Close-End Fund):
The topic is primarily to safeguard investors’ capital appreciation by funding subject funds in equity shares of corporations, with sensible development prospects.
9. UTI Master Plus Unit Scheme (open on the fund):
Equity and Equity Connected Equipments, Convertible Debentures, An Open Ended Equity Fund with Associate in Nursing Purposes of semi-permanent capital appreciation through derivatives in the Republic of India and besides foreign markets In.
10. UTI Master Price Fund (Open-End Fund):
An open-ended equity fund finance in stocks, which square measure is currently low for its future earning potential and takes moderate risk profile for supply of ‘capital appreciation’.
11. UTI Equity Fund Open-End Fund):
With the nursing objective of UTI Equity Fund Associate, there is an open-ended equity theme, which has at least the eighth richest equity and Equity connected instruments medium-risk profile and up to twenty In moderate risk profile loans and market instruments.
12. UTI Top 100 Fund (Open End Fund):
An Open-End Equity Fund for investment with equity shares, convertible and non-convertible debentures and alternative capital and market instruments.
Provision to speculate up to fifty-one part of your body in the shares and actions of the PSU.
related merchandise The objective of the institution is to carry out the review of unit capital distribution.
14. Themes of UTI Master-Share (basic):
An open capital fund that offers the best quality and the distribution of profits through capital investment.
15. UTI mid capital fund (fund background):
An open capital fund aims to supply ‘Capital appreciation’ For finances mainly in shares of average capitalization.
16. UTI MNC Fund (open source):
An open capital fund adds the export to a preponderantly within The capital participations of transnational firms in many sectors such as FMCG, Farm, Engineering etc.
17. UDI Fund Dividend Grant (open fund):
Its purpose is to achieve production and semipermanent or semipermanent shares.
Distribution by preponderant investment in equity and Instruments related to the variation of instruments that give a high representation of contribution.
18. UTI Opportunity Fund (open source):
This content is required to obtain the replacement of capital and / or the financial distribution by investment, the funds of the subject in shares and related funds
The main objective of the objective is to maximize the best content The market responds to the changing dynamics of the economics of India moving your investments between sectors completely different Modification of trends.
19. UTI Leadership Equity Fund (fund background):
This content is required to obtain the replacement of capital and / or the financial distribution By investment, the funds in shares in that unit of “Leaders” in industrial / sectoral / sub-sectors.
20. UTI Contra Fund (Open Source):
A theme of open capital aims to produce semi-permanent capital. appreciation / distribution of dividends through investments in stock shares and Equity-related instruments. the opportunity to benefit from the impact Behavior of non-rational investments by concentration in shares of that unit unit At present it is hoped that the transfer authorities are within the stock exchange stock.
21. UTI Fundation (fundamentally open):
The purpose of the investment is to achieve the reward. Distribution of the negotiations related to derived negotiations. The money market and split by predominantly investment in shares and Values ??linked to patrimony, derivatives and therefore, the part of the balance in the debt Senior SEO, there’s no decision maker but we have The content is made.
22. Builder UTI Fondo Fondo (closed background):
The purpose of the subject is to rewards the semipermanent capital by investment predominantly during a diversified portfolio of capital and Equity-related instruments.
23. Long-term Advantage Fund of the UTI – Series I (closed background):
The objective of the investment of the subject is to produce half by half Improving the public together with the benefit of income.
24. Lifestyle UTI India Fund (closed background):
The objective of the investment of the subject is to produce semi-permanent capital appreciation and / or the distribution of the financial gain of a diversified portfolio of capital and instruments related to the equality of companies that are expected to be carried out by the unit the change in India, the lifestyle and the increase in the program. However, there is no foundation Send the content.
1. UTI Master Index Fund (Open Source):
UTI FOMIN is a part of the open participants with the first objective of the investment to fit the services of the Chinese-based health services within the size of these companies. Sensex crazy cow. Staff can expect what Sensex is about to keep the following error.
2. UTI Gold Exchange negotiated fund (basically):
Deal to produce verbs, before costs, to control the same and the product. However, the person may cause the material to be affected according to the following evaluation. There was no decision that this objective was found on the ETF UTF-Gold.
3. UTI sund (open bottom):
The application returns that, compared to payments, a concentration is to reach the account according to the programs in accordance with the S & P CNX.
b) ACTIVITY FUND
Variety of reviews IU Schema:
UTI VIS-ILP is the content of open participation in conjunction with the purpose of providing the entrants for any product that will change to diversify their dangers, and thus, major realities are generated. Adjusted to risk through dynamic quality asignation method.
c) EQUILIBLE FUND:
1. Scheme of the UTI Mahila unit (open source):
To invest during a portfolio of capital securities / capital securities and debt and market instruments, a lecture for compliance and financial financing. Quality assurance is Debt: Minimum seventy, most 100% Patrimony: Minimum third, more than half an hour.
2. Balanced UTI Fund (open source):
An investment of balanced background of open composition between 4,000 seventy and five years in arranging arrangements / instruments and, therefore, the financial income (including financial financing).
3. Retirement pension fund of UTI (open fund):
The purpose of this essay is to make pensions on the investors, people who are significantly independent when they arise from the age of fifteen, within the type of income and income in terms of value their participation through respectively.
4. Link to the certification planning of UTI (fund background):
Support back through the decision within the NAV or through the distribution and sales from there.
5. CCP Fund CCI (race plan for children) Advantage Fund (open background):
Variable capital equilibrium with a value of 70-100% in capital. The deductions set out the following year by year on a gradual basis, and, as such, they do, when they are tackling the age of eleven, that they are facilitating its placement. place a profession, follow your business or punish them to align a house or finances, the value of the alternative social obligations.
6. UTI Charity, religious trust and registered society (open source):
The open debt familiarized the issue of financial gain with the objective of an associated investment of not more than half an hour of funds in instruments related to actions and, therefore, the instruments and the market with a profile of risk under Middle. The content of creditors’ investment affairs, is secular and academic, as well as the interventions related to the financing.
d) INCOME FUND (DEFUND FUND)
1. UTI Bond Fund (fund background):
100% pure debt debt fund, which invests in company debt securities and the government of low-risk securities and direct liquidity.
2. UTI Bathing Rate Fund (open source):
Generate financial finances regularly through investing throughout the portfolio that includes instruments of size change / monitoring of markets and financial instruments.
3. UTI Gilt Advantage Fund LTP (open background):
Credit will not be accepted without any danger, it will recover through its companies that give the Central Center and / or any regime.
4. Advantage UTI Gruda Siochana Fund (essentially):
To generate non-hazardous credit, be sent through investment in shares issued by the Central Center.
5. UTI G-SEC stp (Fund with open end):
An open foundation of Gilt is intended for any one in Central Government.
values, together with the currency of the decision, read the exchequer bills and variable maturity reports to generate unconventional credits, return to the objective set to ensure the typical maturity of the portfolio in only three years.
6. G-Sec UTI Investment Plan (open finishing fund):
Gilt-Fund open fund aimed at investing only in central government securities, as well as reading cash decisions, treasury bonds and variable maturity reports to generate unconcerned credit returns. Although the option of the maturity profile of investment in government securities, the requirement to maximize returns and satisfy the liquidity requirements of the issue can not be met.
7. UTI Treasury Advantage Fund (open fund):
Its objective is to get attractive returns on the basis of capital and liquidity conservation.
8. UTI monthly income scheme (open fund):
Its open debt is familiar with no definite returns. The theme aims to spread the financial gain, if any, sporadically.
9. UTI configuration My Advantage (open background):
It tries to periodically distribute financial gains for unit holders through investments in consolidated values ??of financial gains and instruments linked to capital and capital.
10. UTI short-term income fund (open fund):
The issue seeks to obtain fixed financial gains with low risk and high level of liquidity from a portfolio of high quality cash and debt securities.
11. Scheme aimed at protecting UTI capital (open fund):
The investment objective of the issue is to protect capital by investing in first-rate financial enterprise securities due to the main objective of generating capital revaluation through investment in capital and capital-related instruments as a secondary goal
e) LIQUID FUND (DEB FUND):
1. UTI liquid cash plan (open fund):
The issue seeks to obtain fixed financial gains with low risk and high level of liquidity from a portfolio of high quality cash and debt securities.
2. UTI Cash Market Fund (open fund):
Open, open open debt liquid was created to achieve the best possible financial gain through investment during a diverse portfolio of short-term market values.
MUTUAL FUNDS VS. OTHER INVESTMENTS
In terms of investors, mutual funds have some advantages, for example:
• Management and professional analysis to collect quality values.
• Disseminate the risk over a larger number of shares, although the capital is limited
to itself just bought a hand with stocks. The capital does not put all its eggs in one
• Presentation of funds in fixed amounts and smaller amounts, such as $ 100 per
• Ability to make the most of the stock exchange more efficient long-term alternative
• Fund manager is ready to buy securities in gigantic amounts, thus reducing
However, there are some disadvantages with mutual funds, for example:
• Capital must consider the integrity of the special fund manager.
• The fund’s administrative fees are also not reasonable for the services provided.
• The fund manager can not remove the savings from the transactions with the
• The fund manager is not responsible for a bad judgment when the investor fund is
• There are a number of transactions within the fund that will have a higher rate /cost
The capital – this is often the decision “Tax and Earnings”.
• Capture an overarching annual report area brochure and unit.
• The investor may lose the management of their investments in the green fields.
MUTUAL FUND JARGON
Net Asset Value (NAV)
The net value of the quality is the market price of the assets of the subject less its liabilities. The value of the NAV unit is that the content of the content of the Internet is divided by the number of units pending on the Valuation date.
The sale value is the value you pay when investing in a higher item. in which the sale price is called. You will accept a sales charge.
The value of a closed theme that your unit purchases is and will include a background load. Terms can also be added to this.
The value of the open schemes is to redeem their units and the closing schemes make their units exchanged at maturity. These costs are connected to the NAV.
It is a charge that collects material when it sells the units. also referred to as “initial speed”. “Load” schemes are not given to schemes that do not speed up.
Repurchase or load of ‘hinterland’
Charge is charged to a matter when you buy the units back from the unit’s owners.
Mutual Fund is now an opportunity for most investors. As a result of most financial management and financial crisis, funded investors should provide specialized specialized technical expertise and expertise in successful investment. Just as the investor still tries to increase information and minimize the risk. A mutual fund satisfies these needs by providing critical cost-effective information The business industry has already acquired a business, which is financially managed under mutual funds rather than banks. When a major competition comes into this segment, the team integrates many plans that meet the needs of the specialized classroom of investors. Risk assessors should fund the balance of capital growth, equity. Investors who need regular income should invest in income plans.
It is currently funded for more than three years. Therefore, on the other hand, it does not succeed in defending investment investments and helping to develop these investments.
This also adds to the uncertainty that within the market is funded more financially through the FM road than at any other time.
India’s Indian BIRLA Initiative offers many benefits to a natural person who wants to improve his life more than ever before.
The largest joint venture fund in India, UTI, is currently operating nearly 80 percent of the market. Additionally, the mutual fund industry usually receives at least 2 percent of the family’s income up to 46 percent to enter the banks. Some financial managers suggest that this reflects the capacity of the sector. “If money is saving in deposit, even at least three-dimensional growth can be made in the coming years.
FINANCIAL MARKET AND SERVICES
-Gordon and Natarajan