A mutual fund is a trust that pools savings from investors and invests it in instruments like shares and debentures. Investors share the income and capital appreciation from these investments proportional to their units. The document discusses that mutual fund assets under management increased in the quarter ending December 2012 led by inflows into debt funds. It attributes the growth to expectations of lower interest rates and profit booking in equities. HDFC, Reliance and ICICI Prudential retained the top three positions by average AUM for the quarter.

1. A
IER
Presentation
On
Mutual fund
Submitted to: Submitted by:
Ms. Madhuri Gupta Roll no. 1169-1174
Faculty, M.B.A M.B.A (F) S2
T.I.M.T

2. Mutual funds
A mutual fund is a trust that pools the savings of
a number of investors with common financial
goals. The collected money is invested in various
instruments like debentures, shares, etc. The
income generated from these instruments and the
capital appreciation is shared by the investors in
proportion to the number of units owned by them.

3. ORGANIZATION OF A
MUTUAL FUND

4. TYPES OF MUTUAL
FUNDS
On The Basis of Nature of Participation
Open Ended And Close Ended
On The Basis of Investment Objectives
Growth Funds
Income Funds
Balanced Funds
Specialty Funds

5. AUM of Mutual funds for
the Quarter Ended
December 2012 *
AUM (Rs CR) AUM (Rs CR)
Mutual Fund Name Change (Rs CR) VAR (%)
December 2012 ^ September 2012 ^
Axis Mutual Fund 10550.39 10490.31 60.09 0.57
Pioneer Mutual Fund 5405.68 5702.18 -296.50 -5.20
Birla Sun Life Mutual
76889.78 72904.49 3985.29 5.47
Fund

6. REASONS
 Good inflows into debt funds led to the rise in
AAUM to Rs 7.85 lakh crore during quarter
ended 2012 as against Dec 2012 as against Rs
7.45 lakhs.
 Increase in AAUM helped the industry to near Rs
8 lakh crore mark AAUM.
 Liquid and income funds have continued to
contribute the highest for the growth of domestic
mutual fund industry.
 Long term debt and gilt funds reported a sharp
rise in their assets in Dec quarter due to inflows
led by expectations that the RBI could lower its
key interest rates.

7. CONTD….
 Assets of long term debt funds rose 62% to about
Rs 63,200 crore, while those of gilt funds gained
48% to Rs 4800 crore.
 Though the average assets of liquid and income
funds have grown equity funds was not been able
to mobilize large money as market surged lead
investors to book profit.
 L&T posted 210.68% rise in AAUM from Rs
3883.12 crore to Rs 12064.10 crore due to the
acquisition of Fidelity’s Indian Mf business.

8. TOP 3 AAUM POSITION HOLDERS
 HDFC MF retained its top average AAUM
position across fund houses in Dec quarter with
the funds AAUM UP 3.7% ie Rs 1.01 lakh crore.
 Reliance MF maintained IInd position at Rs
90635 crore up 5%
 ICICI PRUDENTIAL LIFE was ranked IIIrd in
the asset tally at Rs 81,394 crore , its AAUM up
6.6%
 BOI AXA MF, JP Morgan MF, JM financial MF ,
Sahara MF are among the funds that attracted
positive inflows during the 3rd quarter of the fiscal
2013 & their growth was in the range of 21% to
142%

9. COMPANY WHO LOST ASSET
 The only top fund which lost assets was UTI MF.
 Though the fall was marginal by 0.20%, no other
fund house among the top 10 saw asset erosion in
Dec quarter.