1. PRESENTATION ON SUMMER
INTERNSHIP PROJECT REPORT
Topic: - “Study of selected Mutual Fund schemes Rating in relation
with AUM (Asset under Management)”
Submitted By
Parshav Doshi Enrollment No: -
148320592080
Dhaval Patel Enrollment No: -
148320592031
Submitted to
OAKBROOK BUSINESS SCHOOL
Under the Guidance of
Faculty MentorPro Jignesh Darji
Corporate Mentor Mr. Siddharth Shah
OAKBROOK BUSINESS SCHOOL
MBA PROGRAMME
Affiliated to Gujarat Technological University, Ahmedabad
2. PRESENTATION OUTFLOW
Structure of Mutual Fund
Types of Mutual Funds
Industry Overview
Company overview
Literature Review
Introduction of Topic
Research Methodology
Data Analysis
Findings
Conclusions
4. TYPES OF MUTUAL FUNDS
Liquid Funds
Short term debt funds
Gilt funds
Debt funds
Balanced funds
Index funds
Diversified Equity funds
Sectorial funds
5. INDUSTRY OVERVIEW
Mutual fund is the pool of the money, based on the trust who invests the
savings of a number of investors who shares a common financial goal, like
the capital appreciation and dividend earning. The money thus collect is
then invested in capital market instruments such as shares, debenture, and
foreign market. Investors invest money and get the units as per the unit
value which we called as NAV (net assets value). Mutual fund is the most
suitable investment for the common man as it offers an opportunity to invest
in diversified portfolio management, good research team, professionally
managed Indian stock as well as the foreign market, the main aim of the
fund manager is to taking the scrip that have under value and future will
rising, then fund manager sell out the stock. Fund manager concentration
on risk – return trade off, where minimize the risk and maximize the return
through diversification of the portfolio. The most common features of the
mutual fund unit are low cost. The below I mention the how the transactions
will done or working with mutual fund.
6. CHALLENGES FOR MUTUAL FUND INDUSTRY
Lack of Financial Education and
Awareness
Limited Distribution Network
Distribution cost
Cultural Bias
7. Introduction
Company started in1982 and now backed by 33 Years of experience and
competence of providing Investment Services. Now it is one of the leading
Individual Financial Distributor with the help of investors’ continuous
support and “Six Sigma of Investing”.
Vision
“Our Vision is to become market leader in retail segment and create an
environment of open interaction with smallest of the investors. We visualize
creating a dream within them, educating & introducing a long term financial
freedom with discipline investment approach.”
Mission
“Our mission is to be in heart of the investors as genuine, understanding
and skilled investment services provider by adopting best ethical business
practices to see investors reaching their financial goals and achieve
financial freedom.”
9. LITERATURE REVIEW
Article 1: - RATING EVALUATION OF SELECT EQUITY
FUNDS IN INDIA
There are around 58 Asset Management Companies (AMC) offering mutual funds in India. All
These fund houses have several mutual fund schemes in each segment like equity, debt, gilt and
Liquid funds. Out of which equity segment is flourished and most of the investors are attracted
Towards equity mutual fund schemes. Because of availability of wide range of equity MF
Schemes in each AMC, it would be difficult for the investor to choose the best scheme.
It is appropriate to consider risk and return of each fund to yield better returns before taking
Investment decision. Hence Present study is an attempt of identifying risk and returns of equity
Funds and comparing the same with bench mark returns and peers to help mutual fund investors
in choosing better funds as investment avenues
Article 2:- A COMPARATIVE ANALYSIS OF RETURNS OF MUTUAL
FUND SCHEMES RANKED 1 BY CRISIL
Mutual fund industry has experienced a drastic growth in the past two decades. Increase in the
number of schemes with increased mobilization of funds in the past few years notes the importance of
Indian mutual funds industry. To fulfill the expectations of millions of retail investors, the mutual funds
are required to function as successful institutional investors. Proper assessment of various fund
performance and their comparison with other funds helps retail investors for making investment
decisions. The main aim of this paper is to evaluate the performance of mutual fund
Schemes ranked 1 by CRISIL and compare these returns with SBI domestic term deposit rates.
Considering the interest of retail investors simple statistical techniques like averages and rate of
returns are used.
The results obtained from the study clearly depicts that, in most of the cases the mutual fund schemes
have failed even to provide the return of SBI domestic term deposits.
10. INTRODUCTION OF THE TOPIC
The target is to identify the Rating of various schemes in comparison of different
parameters.
1. Research period – 2003-2015
2. Source of data
3. Scheme Covered
4. Performance
During the period we have targeted to collect the data from authentic source so
that the outcome of data is reliable and can be compared with any other pear
group data base.
For the collection of data we have covered 76 different Mutual Fund Insight book
to extract the data.
We have collected data of
1. Rank
2. AUM
3. Return
4. Rating
11. RESEARCH METHODOLOGY
Research Objective
The primary objective of doing this research is
to “Identify the Rating of different Scheme in
comparison of Assets of the Fund”
12. RESEARCH METHODOLOGY
Research Design
Research Design is the roadmap for carrying out the research activity
in the project. In our project of “Study of Selected Mutual fund scheme
Rating in Related With AUM” we have carried out the research of which
mutual fund is providing higher return by comparing the returns of
different mutual funds and we have also compared whether the mutual
fund can beat the market return or not.
For this research activity
We have selected 10 mutual funds from Indian market. All funds are
in equity diversified category.
Data has been collected from Mutual Fund Insight book, value
research online, and mutual fund India web sites.
Funds selected are mostly preferable by investors.
Collected Rating and Assets of funds of each July Month for the year
2003 to 2015.
13. Source of Data
Here in this research project we have used
Secondary source of data.
Data Collection Method
Here in this research project we have used
data which were published in the Value
Research Book in this book we collect data of
Rating and Assets.
14. LIMITATIONS
The biggest limitation of this research is, it is not valid for all
the scheme of mutual funds. It is valid only for the selected
fund on which we have conducted research.
As we have collected Secondary data from the monthly
Magazine Mutual Insight, in this there were many data
missing due to that we have to opt for the scheme website.
As we have taken 10 scheme so our research valid only for
that 10 scheme. No investor can take decision for remaining
scheme of mutual funds.
26. CONCLUSION
Looking at the research we have done above we can conclude that
Assets of the scheme depends on the 3 factors
1. Market up/down
2. Rating of the scheme
The assets of the scheme some time depends on the market ups and
downs. Its all because if the market is good then the performance of the
scheme will increase due to which there were will more investment by
the investor and vice versa.
If the fund manager of the scheme invests the fund wisely in different
equity then the performance of the scheme will improve due to that the
investment increase and assets of the scheme will increase.
With the help of rating many of the investor are attracted due to good
rating due to which they invest looking at the rating and ignore too look
at the performance of the scheme due to which there will be increase in
the assets of the fund.
