This website uses cookies to ensure you have the best experience. Learn more

Mutual Funds India Essay

1239 words - 5 pages

Mutual Fund penetration in Rural India

What are Mutual Funds?
A mutual fund is just the connecting bridge or a financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. The mutual fund will have a fund manager who is responsible for investing the gathered money into specific securities (stocks or bonds). When you invest in a mutual fund, you are buying units or portions of the mutual fund and thus on investing becomes a shareholder or unit holder of the fund.

Mutual funds are considered as one of the best available investments as compare to others they are very cost efficient and also easy to invest in, thus by ...view middle of the document...

Systematic Investment Plan (SIP) - Here the investor is given the option of preparing a pre-determined number of post-dated cheques in favour of the fund. The investor is allotted units on a predetermined date specified in the offer document at the applicable NAV.
Systematic Withdrawal Plan (SWP) - As opposed to the Systematic Investment Plan, the Systematic Withdrawal Plan allows the investor the facility to withdraw a pre-determined amount / units from his fund at a pre-determined interval. The investor's units will be redeemed at the applicable NAV as on that day.

Investment Options:
There are many other types of investments other than stocks and bonds (including annuities, real estate, and precious metals), but the majority of mutual funds invest in stocks and/or bonds.

MF Companies in India:
1)ABN AMRO Mutual Fund
2)Birla Sun Life Mutual Fund
3)HDFC Mutual Fund
4)HSBC Mutual Fund
5)Prudential ICICI Mutual Fund
6)Sahara Mutual Fund
7)State Bank of India Mutual Fund
8)Tata Mutual Fund
9)Kotak Mahindra Mutual Fund
10)Unit Trust of India Mutual Fund
11)Reliance Mutual Fund
12)Standard Chartered Mutual Fund
13)Franklin Templeton India Mutual Fund
14)Morgan Stanley Mutual Fund India
15)Canbank Mutual Fund
16)LIC Mutual Fund
17)GIC Mutual Fund

Top 10 MFs in 2011:
1)DSPBR Top 100 Equity Reg
2)DSPBR Balanced
3)Franklin India Bluechip
4)Birla Sun Life Frontline Equity
5)HDFC Top 200
6)HDFC Prudence
7)HDFC Tax Saver
8)Canara Robeco Equity Tax Saver
9)Canara Robeco Income
10)Sahara Income

Advantages of MF:
Safety of Mutual Fund Investment: Safety is a priority for any investor, and investing mutual funds assures that. If a mutual fund business crashes the mutual fund investors get a sum of money that is equivalent to their share of tenure in the mutual fund. On the other hand, the Board of Directors of the mutual fund may select a new investment consultant to administer the funds.
Diversification Is Offered: Diversification is a fundamental principle of investing. It is basically the custom of producing an array of products, investing in an array of collaterals, marketing an array of goods and so on. This prevents the funds from being ruinously affected in case of a collapse or an economic fall.
Mutual Funds Are Resourcefully Handled: Because it is unfeasible for many shareholders to buy individual stocks, mutual fund analysts research and evaluate present and latent asset for their mutual fund.
Transparency: Mutual fund shares are openly accessible (although there may be delays in reporting), ensuring shareholders receive what they disburse.
Assessed Track Records: Investors can trust the mutual fund's proceeds as the company must look after track records for each fund and have them assessed for thoroughness.
Liquidity: By law, every mutual fund must stand ready on any business day to redeem any or all of its...

Other assignments on Mutual Funds - India

Insurance Essay

800 words - 4 pages . Total new business generated was Rs 641.83 crore as against Rs 387.51 crore.€ Kotak Mahindra Old Mutual Life Insurance Ltd the fiscal 2007- 08, the company reported growth of 80%, moving from the 11th position to 9th. It captured a market share of 1.19% in 2007-08.€ Aviva Life Insurance Company India Ltd ranking dropped to 10th in 2007-08 from 9th last year. It has presence in more than 3,000 locations across India via 221 branches and close to 40

Project On Retail Banking Essay

7281 words - 30 pages Disadvantages of retail banking Designing own and new financial products is very costly and time consuming for the bank. Customers now-a-days prefer net banking to branch banking. The banks that are slow in introducing technology-based products, are finding it difficult to retain the customers who wish to opt for net banking. Customers are attracted towards other financial products like mutual funds etc.  Though banks are investing

Research

2748 words - 11 pages Insurance Act and in the last three decades of the nineteenth century, the Bombay Mutual (1871), Oriental (1874) and Empire of India (1897) were started in the Bombay Residency. This era, however, was dominated by foreign insurance offices which did good business in India, namely Albert Life Assurance, Royal Insurance, Liverpool and London Globe Insurance and the Indian offices were up for hard competition from the foreign companies.  In 1914, the

Doc Doc, Docx, Pdf, Wps, Rtf, Odt

1805 words - 8 pages INTRODUCTION ECONOMIC HISTORY SHOWS THAT DEVELOPMENT HAS STARTED EVERYWHERE WITH THE BANKING SYSTEM AND ITS CONTRIBUTION TOWARDS FINANCIAL DEVELOPMENT OF A COUNTRY IS HIGHEST IN THE INITIAL STAGE. MODERN BANKS PLAY AN IMPORTANT PART IN PROMOTING ECONOMIC DEVELOPMENT OF A COUNTRY. BANKS PROVIDE NECESSARY FUNDS FOR EXECUTING VARIOUS PROGRAMMERS UNDERWAY IN THE PROCESS OF ECONOMIC DEVELOPMENT. THEY COLLECT SAVINGS OF LARGE MASSES OF PEOPLE

Statutory & Other Restrictions On Loans & Advances

4985 words - 20 pages to directors of Subsidiaries/trustees of mutual funds/venture capital funds set up by them as also other banks. B) Grant of Loans & Advances to Officers and Relatives of Senior Officers of Banks No officer or any Committee comprising, inter alia, an officer as member shall sanction any credit facility to his/her relative but only by the next higher sanctioning authority. Credit facilities sanctioned to senior officers shall be reported

Globalisation

2260 words - 10 pages Yes Globalisation is necessary, for an economy to grow. Globalisation refers to the integration of economic, technological, socio-political factors with the world. And with globalisation, with the mutual co-operation and assistance -particularly with reference to the law of comparative advantage- it is going to be beneficial. Globalisation also helps reducing the poverty level in the country-there are plenty of evidences and record to support

Corporate Finance

2590 words - 11 pages developing their financial markets. Pension and mutual funds in Chile have helped lengthen maturities and deepen financial markets. Similarly, both Brazil and Chile have developed foreign exchange derivatives markets which are among the most sophisticated and transparent in the world. These developments are helping to enhance stability and economic growth.  What then should emerging market countries do to promote strong financial sectors? The answer

Markup

4700 words - 19 pages the predecessor event to Marketing World Cup, the biggest b-school marketing event in India. Ad-o-holic‘11 carries the practical case of TV show promotion. The participants will be formulating promotion strategies for three shows, each belonging to different genre. It thus gives the opportunity to participating students to advertise ‗Dance‘, ‗Dare‘ and ‗Ditch‘ism and win the 7 P.M. war of reality. Students can read the coverage of Ad-o-holic in

Reliance Fruits

9427 words - 38 pages seeking exemption from presenting the information as per paras 3(i)(a) and 3(ii)(b) of Part II of Schedule VI to the Companies Act, 1956. The Company has received Orders no. 46/84/2009-CLIII dated 14.05.2010 and no. 46/74/2010-CL-III dated 14.05.2010 of the Ministry of Corporate Affairs, Government of India granting the exemption from making the above disclosures respectively for the financial years ended on 31.03.2009 and 31.03.2010. 2008-2009

National Remittance Conference

5411 words - 22 pages Securities (Treasury Bills, Treasury Notes, Retail Treasury Bonds) Non Bank (Mutual Funds, Equity, Index, Bond) Corporate Bonds Stock Cooperatives Microfinance Institutions 4. Business Ventures Franchising Enterprises The Civil Society Initiative Model These investments are initiated by Civil Societies and NGO especially for Migrant Workers. 1. Atikha Overseas Workers and Communities Initiative Inc (Atikha) Using the cooperative model, Atikha

Blue Ocean Strategy

2412 words - 10 pages industries jumps out—mutual funds, cell phones, gas-fired electricity plants, biotechnology, discount retail, express delivery, minivans, snowboards, coffee bars, and home videos to name a few. Just three decades ago, none of these industries existed in a meaningful way. Now put the clock forward twenty years—or perhaps fifty years—and ask yourself how many now unknown industries will likely exist then. If history is any predictor of the future, the answer is many of them.

Similar Documents

Mayur Essay

450 words - 2 pages its operations in 1965, providing finance for industrial development and since then it had diversified into housing finance, consumer finance, mutual funds and now its latest venture was Life Insurance. Its foreign partner Moon Inc. was established in 1858 and had grown to be the largest life insurance and mutual fund company in the U.S. Moon Inc. had its presence in Asia since the past 75 years catering to over 1 million customers across 11

Pension Reform In India Essay

497 words - 2 pages INFRASTRUCTURE. * FLEXIBILITY TO SUBSCRIBERS.TO SLECT INVESTMENT INSTRUMENTS AND PENSION FUND MANAGER. * ONLINE TRANSACTIONS TRACKING FACILITIES THROUGH THE CENTRAL RECORD KEEPING SYSTEM. * MUTUAL FUNDS CAN CHARGE UP TO 2.25% AND ULIP PENSION PLANS FROM LIFE INSURERS CAN CHARGE UP TO 1.35% AS FUND MGT. FEES. NPS CHARGES JUST 0.25% , MAKING ONE OF THE CHEAPEST PENSION PRODUCTS. * IT ALSO INSTILLS A SENSE OF DISCIPLINED SAVINGS AND OFFERS

Project Management Essay

423 words - 2 pages 1990s, it diversified further, building up strength in specialist markets, particularly in high- value-added niches (market segments) like corporate services, mutual funds, insurance-product selling, and project financing. The pace of diversification in subsequent years required the bank to manage the organizational change with multi-pronged strategies. Apart from growing with diversification, the bank also acquired some regional banks to

Chanhging Technology In Changing Banking Operations

4539 words - 19 pages ), equity market, mutual funds, derivatives, and trading and forex operations. These functions can be proprietary activities, or can be undertaken on customer’s account. Treasury operations are important for managing the funding of the bank. Other Banking Businesses This is considered as a residual category which includes all those businesses of banks that do not fall under any of the aforesaid categories. This category includes para banking