Fundamental Information of Mutual Funds

2. INTERNSHIP
AT SBI MUTUAL FUNDS,TIRUPATI.
UNDER THE GUIDENCE
OF Mrs.SAIRA BANU

3. INDUSTRY PROFILE

4.  YEAR OF START/
UTI FORMATION 1963
• INITIATED BY GOVT OF INDIA & RBI
• REGULATED BY RBI
HISTORY:
FIRST PHASE: (1964-87)
• 1978 - UTI was delinked from RBI( under the control of
IDBI).
• 1964 - 1st scheme was launched by UTI.
• 1988(year end) - UTI had Rs.6700crores of AUM.
MUTUAL FUND INDUSTRY

5. SECOND PHASE: (1987-1993)
 Entry of PSF
 1987 - Entry of NON-UTI,PSB,LIC,GIC.
SBI Mutual Fund is the 1st NON-UTI Mutual Fund.
• Followed by - Canara bank MF(Dec1987)
Punjab National bank MF(Aug1989)
Indian bank MF(Nov1989)
Bank of India (Jun1990)
LIC MF (Jun1989)
GIC setup its MF (Dec1990)
Bank of Baroda MF (Oct1992)
• 1993(Year end) - AUM of 47,000crores.

6. THIRD PHASE: (1993-2003)
 1993 - Entry of private sector funds.
1st mutual fund regulations came into existence
(under which all MF’s registered except UTI).
• 1996 - 1993 SEBI(MF) regulations were revised.
Industry functions under the control of SEBI.
• Jan2003(Yearend) 33 MF’s with total assets of Rs.1,21,805crores.
UTI with Rs.44,541crores of AUM.
FOURTH PHASE: (since February 2003)
• Feb2003 - UTI bifurcated into two separate entities.

7. UTI bifurcated into two separate entities.
Unit
Trust
of
India
Specified
undertaking
of UTI
UTI MF
LTD
Under
GOI not
under MF
regulations
Under MF
regulations
Sponsored
by
SBI,PNB,
BOB,LIC.

8. COMPANY PROFILE

9.  SET UP DATE JUN-29-1987
 INCORPORATION DATE FEB-07-1992
 SPONSER STATE BANK OF INDIA
 TRUSTEE SBI MUTUAL FUND TRUSTEE
COMPANY PRIVATE LIMITED
 CHAIRMAN Mr. PRATIP CHUDHRI
• CEO/MD Mr. DINESH KUMAR KHARA
• COO Mr. ARUN AGARAWAL
 NO. OF BRANCHES 161 ACROSS 27 STATES & 4 UNION
TERRITORIES
 TOTAL EMPLOYEES 600

10.  CIO Mr. NAVNEET MUNOT
 COMPLIANCE OFFICER MS.VINAYA DATAR
 INVESTOR SERVICE Mr. C A SANTOSH
 AUDITORS HARIBHAKTI & CO,
M/S.CHANDABHOY & JASSOOBHOY
 ASSETS MANAGED RS. 47184.11CRORE(JUN30,2012)
 CORPORATE OFFICE SBI FUNDS MANAGEMENT PVT
LTD.
A JOINT VENTURE BETWEEN SBI &
AMUNDI(FRANCE).
191,MAKER TOWER ‘E’, COFFE
PARADE, MUMBAI-400 005.

11. ABOUT SBI MUTUAL FUND
 SBI Mutual Fund is India’s largest bank sponsored mutual
fund with an investor base of over 3 million.
 It is the first bank sponsored fund to launch an offshore fund.
 Presently, SBI Mutual Funds manages 17,000crores of assets.
 Fund has a network of 100 collection branches.
 26 investor service centre's.
 28 investor service desks and 4o district organizers.

12. •A mutual fund is a trust that pools the savings of a number of
investors who share a common financial goal.
•The money is invested in a portfolio of securities that reflects
the common objective investment of the fund and the investor
•Investor’s contribution in a mutual fund is denoted in units.

13. FLOW CHART OF MUTUAL FUND

14. Types Of Mutual Fund
Type of
Mutual Fund
Schemes
Structure
Investment
Objective
Special
Schemes
Open Ended
Funds
Close Ended
Funds
Interval Funds
Growth Funds
Income Funds
Balanced Funds
Money Market
Funds
Industry Specific
Schemes
Index
Schemes
Sectoral
Schemes

15. PROBABILITY OF RETURNS

16. BRANCH PROFILE
 BRANCH KORLAGUNTA, TIRUPATI
 OPENING DATE MARCH-2008
 BRANCH EMPLOYEES 5
 BRANCH CODE 01901
 BANK SBI
 ADDRESS 20-3-124,
LEELA MAHAL CENTRE,
KARAKAMBADI ROAD,
TIRUPATI.
• ZIP CODE 517507
• AREA TIRUPATI NORTH
• CITY CHITTOOR
• STATE AP

17.  STD CODE 877
 FAX 08772251408
 MICR CODE 517002003
 IFS CODE SBIN0001901
 CIRCLE HYDERABAD
 ASSETS MANAGED AAUM-150CRORES

19. MD
CIO
FUND MANAGER
RESEARCH
&TECHNICAL
ANALYSTS
RISK ANALYSTS
CMO
MARKETING
MANAGER
SR.VICE
PRESIDENT
REGIONAL HEADS
ZONAL HEADS
CHANNEL
HEADS
BRANCH
MANAGERS
EXECUTIVES
CS & COMPLIANCE
OFFICER