Company Profile: Karvy Stock Brocking Ltd is a member of National Stock Exchange (NSE), The Bombay Stock Exchange (BSE), and The Hyderabad Stock Exchange (HSE). Karvy Stock Broking Limited, one of the cornerstones of the Karvy edifice, flows freely towards attaining diverse goals of the customer through varied services. Helping the customer create waves in his portfolio and empowering the investor completely is the ultimate goal.
DEFINATIONA mutual fund is made up of money thatis pooled together by a large number ofinvestors who give their money to fundmanager to invest in a large portfolio ofstocks bonds.
STRUCTURESPONSERS- Sponsers is basically a promoter of thefunds.TRUSTEES -Two third of the trustees are independsprofessionals who on the fund and supervises theactivities of the AMC.AMC- Asset Management company is the set offinancial professionals who the fund.TRANSFER- AGENTS- Transfer agents companyinterface with the customer.
HISTORY1963: UTI is India’s first mutual fund.1964: UTI launches US-64.1986: UTI Master share, India’s first true ‘mutual fund’scheme, launched1994: Morgan Stanley is the first foreign player.1998: UTI Master Index Fund is the country’s first indexfund.2001: US-64 scam leads to UTI overhaul2003: AMFI certification made compulsory for newagents; fund of funds launched
FUTURE IN THE INDIABy December 2004, Indian mutual fund industry reachedRs 1,50,537 crore. It is estimated that by 2010 March-end,the total assets of all scheduled commercial banks shouldbe Rs 40,90,000 crores.The annual composite rate of growth is expected 13.4%during the rest of the decade. In the last 5 years we haveseen annual growth rate of 9%. According to the currentgrowth rate, by year 2010 the asset will be double.
RESEARCH METHODSMETHODOLOGY OF STUDYRESEARCH METHODOLOGYASSUMPTIONSLITERATURE SURVEYPROBABILITY SAMPLING SAMPLING SIZE EXECUTION OF THE PROJECT
CONCLUSIONSMy experience at KARVY STOCK BROKING can’t explainin pages. Its important to understand that each mutualfund has different risks and reward. In general the higherthe potential returns the higher the risk of loss. With thiswe conclude our presentation on MUTUAL FUND.