Mutual funds pool money from investors and invest it in a variety of securities like stocks, bonds and money market instruments. A mutual fund is operated by an investment company that raises money from investors and invests it as per the stated objective of the fund. The three main entities involved in operating a mutual fund are the sponsor, who sets up the fund; the asset management company (AMC) that manages the fund; and the trustee, who oversees operations. Mutual funds offer investors a low-cost way to participate in investment markets and diversify their portfolio. Popular types of mutual funds in India include equity funds, debt funds, balanced funds, money market funds and tax saving funds.
Here I am Sharing Presentation about Mutual Fund Which is beneficial for Finance Student. Who one want to know details of mutual fund can see this slide this will be helpful to the student of finance.
All The Best
Here I am Sharing Presentation about Mutual Fund Which is beneficial for Finance Student. Who one want to know details of mutual fund can see this slide this will be helpful to the student of finance.
All The Best
its a presentation which i and my friend have made on the Mutual Funds ,what are the various benefits of investing in MF , what are the various types of mutual funds ,how does one earn handsome returns in mutual funds, what the investor has to pay it's advantages and disadvantages and many more.............
mutual funds explained as a points with included examples and types of it, explained with live example of mutual funds and companies offering mutual funds
Mutual Funds are good option for investors. This PPT will help u to understand the concept better
Mutual Fund investment are subject to
market risks. Please read the Statement of
Additional Information (SAI) and
Scheme Information Document (SID)
carefully before investing.
Mutual funds and role of transfer agencyMayankGarg200
This report has been designed to help you achieve your mutual fund investment goals. The following points would throw more light on the same:
• Set your investment goal and select the best suited scheme which will help you to meet your objective at right time.
• Understand the structure of different types of mutual fund schemes available in India .
• Understand the tax applicability on gain from mutual funds and to evaluate schemes based on tax saving criteria.
Mutual funds and role of transfer agencyMayankGarg200
This report has been designed to help you achieve your mutual fund investment goals. The following points would throw more light on the same:
• To set your investment goal and select the best suited scheme which will help you to meet your objective at right time.
• To understand the structure of different types of mutual fund schemes available in India .
• To understand the tax applicability on gain from mutual funds and to evaluate schemes based on tax saving criteria.
its a presentation which i and my friend have made on the Mutual Funds ,what are the various benefits of investing in MF , what are the various types of mutual funds ,how does one earn handsome returns in mutual funds, what the investor has to pay it's advantages and disadvantages and many more.............
mutual funds explained as a points with included examples and types of it, explained with live example of mutual funds and companies offering mutual funds
Mutual Funds are good option for investors. This PPT will help u to understand the concept better
Mutual Fund investment are subject to
market risks. Please read the Statement of
Additional Information (SAI) and
Scheme Information Document (SID)
carefully before investing.
Mutual funds and role of transfer agencyMayankGarg200
This report has been designed to help you achieve your mutual fund investment goals. The following points would throw more light on the same:
• Set your investment goal and select the best suited scheme which will help you to meet your objective at right time.
• Understand the structure of different types of mutual fund schemes available in India .
• Understand the tax applicability on gain from mutual funds and to evaluate schemes based on tax saving criteria.
Mutual funds and role of transfer agencyMayankGarg200
This report has been designed to help you achieve your mutual fund investment goals. The following points would throw more light on the same:
• To set your investment goal and select the best suited scheme which will help you to meet your objective at right time.
• To understand the structure of different types of mutual fund schemes available in India .
• To understand the tax applicability on gain from mutual funds and to evaluate schemes based on tax saving criteria.
Mutual Funds.: Define, The History of Mutual Funds, Mutual Fund Operation Flow chart, Reasons to invest in mutual funds, Advantage & Dis-advanage o Mutual Funds, Classification of Mutual Fund Schemes
An Overview of Mutual funds here I tried to explain. Hope this is helpful to people who are newly learning about mutual fund.
Most of the things I explaiend in a simplified manner.
for any help mail me at: basunaik221@gmail.com
deals with conceptual and operational details of mutual funds as dealt with by Vinayak Pai, II B.Com., SVS College, Bantwal, Karnataka, India as a seminar paper
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
2. MUTUAL FUNDS
A
mutual fund is a common pool of money into which investors
place their contributions that are to be invested in different types of
securities in accordance with the stated objective.
A
Mutual Fund is a trust that pools the savings of a number of
investors who share a common financial goal.
The
money thus collected is then invested in capital market
instruments such as shares, debentures and other securities.
The
income earned through these investments and the capital
appreciation realized are shared by its unit holders in proportion to the
number of units owned by them.
Thus
a Mutual Fund is the most suitable investment for the common
man as it offers an opportunity to invest in a diversified,
professionally managed basket of securities at a relatively low cost.
3. HISTORY OF MUTUAL FUND
Mutual fund in world
Uncertainty of the origin of mutual fund :
Some cite that the close ended investment company
launched first mutual fund in the Netherland in 1822 by
king William first.
Other point to a Dutch merchant named Adriaan Van
Ketwich whose investment trust created in 1774 may have
give it.
The Boston Personal Property Trust, formed in 1893 was
the first close ended mutual fund in U.S.
The creation of Alexander fund in Philadelphia in 1907
was an important step in the evolution toward what we
know as the modern mutual fund
4. CONT’D…
History of MF’s can be discussed in two parts :
1) Emergence through public players; and
2) Emergence through private players
5. PHASES OF MUTUAL FUND
EMERGENCE
History of mutual funds in India can be divided into 5
important phases:
Phase I . 1963-1987
UTI sole market player, created by an Act of parliament in 1963.
US 64 even today the single largest mutual fund scheme.
UTI created a number of products e.g. monthly income plans,
children’s plan,
Equity oriented schemes and offshore funds during this period .
UTI managed assets of Rs.6700 cr. at the end of this phase.
6. CONT’D…
Phase II. 1987-1993 (Entry of Public Sector
Funds)
Public sector banks and financial institutions entered the
mutual funds industry.
SBI mutual fund was the first non-UTI MF to be set up in
1987.
Significant shift from deposits to MF.
Most funds were growth oriented ,closed-ended funds.
7. CONT’D…
Phase III 1993-1996. (Entry of Private Sector Funds)
In 1993,the mutual funds industry was open to private
sector players both Indian and foreign.
SEBI’s first set of regulations were formulated.
Regulation revised in 1996.
Significant innovation in servicing, product design and
information disclosure.
Phase IV 1996-1999 (Entry of Private Sector Funds)
Implementation of new SEBI regulation.
Rapid asset growth .
Bank mutual funds were recast according to the SEBI
recommended structure.
UTI came under voluntary SEBI supervision.
8. CONT’D…
Phase
V 1999-2003
Marked by very rapid growth in MF industry.
Increase in market share of private players.
AUM crossed Rs.100,000cr.
Bond funds and liquid funds registered the highest
growth(nearly 60% of assets).
UTI share dropped to nearly 50%.
9. ADVANTAGES OF MUTUAL FUNDS
Portfolio diversification: It enables him to hold a diversified investment
portfolio even with a small amount of investment like Rs. 2000/-.
Professional management: The investment management skills, along with
the needed research into available investment options, ensure a much better
return as compared to what an investor can manage on his own.
Reduction/Diversification
of Risks: The potential losses are also shared
with other investors.
Reduction
of transaction costs: The investor has the benefit of economies of
scale; the funds pay lesser costs because of larger volumes and it is passed on
to the investors.
Wide
Choice to suit risk-return profile: Investors can chose the fund based
on their risk tolerance and expected returns.
10. DISADVANTAGES OF MUTUAL
FUNDS
No
control over costs: The investor pays investment management
fees as long as he remains with the fund, even while the value of his
investments are declining. He also pays for funds distribution charges
which he would not incur in direct investments.
No
tailor-made portfolios: The very high net-worth individuals or
large corporate investors may find this to be a constraint as they will
not be able to build their own portfolio of shares, bonds and other
securities.
Managing
a portfolio of funds: Availability of a large number of
funds can actually mean too much choice for the investor. So, he may
again need advice on how to select a fund to achieve his objectives.
Delay
in redemption: It takes 3-6 days for redemption of the units
and the money to flow back into the investor’s account.
11. CONSTITUTION OF MUTUAL
FUNDS IN INDIA
The constitution are designed to safeguard
investors, check speculative activities of mutual
funds & ensuring financial discipline through
transparency & fair play.
SEBI ( Mutual Fund ) regulation require a four
tier system to organize Mutual Fund. i.e.
- Sponsor
- Trustee
- Asset Management Company
- Custodian
12. SPONSORS
Who thinks of starting a mutual fund. The Sponsor
approaches the Securities & Exchange Board of India
(SEBI), which is the market regulator and also the
regulator for mutual funds.
SEBI checks a persons integrity ,experience in the
financial sector, his networth etc.
Sponsor is to contribute 40 per cent of the net worth of
AMC.
Mutual fund is created by sponsor as a trust under Indian
Trust act 1982.
Sponsor appoints a trustee.
13. TRUSTEES
A trustee is a person who holds the property of Mutual
Fund in trust for the benefit of unit holders.
A company is appointed as trustee to manage the mutual
fund with approval of SEBI.
To ensure fair dealing at least 75 per cent of trustees are
to be independent of the sponsors.
The trustee role is not to manage money. Their job is
only to see , whether the money is being managed as per
stated objectives.
14. CONT’D…
It
is duty of trustee is to provide information to
unit holders as well as to SEBI about mutual
fund schemes.
Trustees are to appoint AMC to float the
schemes.
It is trustees duty to observe & ensures that
AMC is managing schemes in accordance with
the trust deed.
15. ASSET MANAGEMENT COMPANY
(AMC)
The sponsor or trustees appoint an AMC, also known as
‘Investment Manager’, to manage the affair of mutual
fund.
The AMC’s Board of Directors must have at least
50% of Directors who are independent directors.
The AMC has to be approved by SEBI. The AMC
functions under the supervision of it’s Board of
Directors, and also under the direction of the
Trustees and SEBI.
It is the AMC, which in the name of the Trust,
floats new schemes and manage these schemes
by buying and selling securities.
16. CONT’D…
In order to do this the AMC needs to follow all
rules and regulations prescribed by SEBI.
Whenever the fund intends to launch a new scheme, the
AMC has to submit a Draft Offer Document to SEBI.
This draft offer document, after getting SEBI approval
becomes the offer document (OD) of the scheme.
The Compliance Officer has to sign the Due Diligence
Certificate in the offer document.
17. CUSTODIANS
A custodian’s role is safe keeping of securities
and also keeping a tab on the corporate actions
like rights, bonus and dividends declared by the
companies in which the fund has invested.
The Custodian is appointed by the Board of
Trustees.
SEBI requires that each mutual fund shall have
a custodian who is not in any way associated
with AMC.
18. NAV or Net Asset Value is the market value of
the assets per unit after deducting the liabilities.
Here's how the NAV is calculated:
(Market Value of the Scheme's Investments) + Other
Assets (including accrued interest)+ Un amortized
Issue Expenses (only in case of schemes launched on a
load basis) - All Liabilities except unit capital and
reserves)} Divided by the number of units outstanding
at the end of the day.
19. Lock-In-Period
If investment is in equity linked saving
schemes (ELSS) the lock in period is three
years. Which means your money will
remain locked in with the mutual fund
company for a period of three years.
20. SIP
SIP or Systematic Investment Plan enables you to invest an
amount on a regular basis and bring about a disciplined
approach to investing. Through SIP you are able to get
more or less units of a fund over a period of time with the
investment amount remaining constant. If you're planning a
SIP note that the minimum amount you can invest is
Rs.500.
21. TYPES OF MUTUAL FUNDS
1.)BY STUCTURE
2.)BY NATURE
3.)BY INVETSMENT OBJECTIVE
4.)OTHERS SCHEMES AND PLANS
22. BY STRUCTURE:
1. Open-ended Funds
An open-end fund is one that is available for subscription all through
the year. These do not have a fixed maturity. Investors can conveniently
buy and sell units at Net Asset Value ("NAV") related prices. The key
feature of open-end schemes is liquidity.
2. Closed-ended Funds
These schemes have a pre-specified maturity period. One can invest
directly in the scheme at the time of the initial issue. The market price
at the stock exchanges could vary from the net asset value (NAV) of the
scheme on account of demand and supply situation, expectations of unit
holder and other market factors.
3. Interval Funds
Interval Schemes are that scheme, which combines the features of openended and close-ended schemes. The units may be traded on the stock
exchange or may be open for sale or redemption during pre-determined
intervals at NAV related prices.
23. BY NATURE:
1. Equity fund
These funds invest a maximum part of their corpus
into equities holdings.
The structure of the fund may vary different for
different schemes and the fund manager’s outlook on
different stocks.
2. Debt funds
The objective of these Funds is to invest in debt
papers. Government authorities, private companies,
banks and financial institutions are some of the major
issuers of debt papers.
These funds ensure low risk and provide stable income
to the investors.
24. CONT’D…
3. Balanced funds:
They are a mix of both equity and debt funds.
They invest in both equities and fixed income
securities, which are in line with pre-defined
investment objective of the scheme.
These schemes aim to provide investors with the
best of both . Equity part provides growth and the
debt part provides stability in returns.
25. BY INVESTMENT OBJECTIVE:
1.Growth Funds
The aim of these schemes is to provide capital
appreciation over medium to long term. These schemes
normally invest a major part of their fund in equities.
2. Income Funds
The aim of these schemes is to provide regular and
steady income to investors. These schemes generally
invest in fixed income securities such as bonds and
corporate debentures.
26. CONT’D…
3. Balanced Funds
Balanced Schemes aim to provide both growth
and income by periodically distributing a part of
the income and capital gains they earn. These
schemes invest in both shares and fixed income
securities.
4. Money Market Funds
The aim to provide easy liquidity, preservation of
capital and moderate income. These schemes
generally invest in safer, short-term instruments,
such as treasury bills, certificates of deposit,
commercial paper etc.
27. OTHER SCHEMES
1. Tax Saving Schemes
Some times the investors investing their money in
the mutual funds to get some tax benefits.
2. Index Schemes
BSE Sensex or the NSE 50.
3. Sector
Specific Schemes
Pharmaceuticals, Software, Fast Moving Consumer
Goods (FMCG), Petroleum stocks,etc.
28. OTHER PLANS OF MUTUAL FUND
Unit-Linked Plan (ULIP)
Unit-linked plan offers the interesting option of
combining protection as well as tax advantages
with the attractive prospects of investing in
equities.
It works on a minimum premium basis and not on
a sum assured one.
Investor decide the amount contributed at regular
intervals.
ULIP offers cover till needs are fulfilled, beyond
that it becomes an investment avenue.
29. CONT’D…
Fixed Maturity Plans (FMPs)
The primary objective of a FMP is to generate
income while protecting the capital by investing in a
portfolio of debt and money market securities.
The tenure can be of different maturities, ranging
from one month to five years.
FMPs can be compared to Fixed Deposits of a bank.
While a Fixed Deposit offers a 'guaranteed' return,
returns in FMPs are only 'indicative'.
The fund house fixes a 'target amount' for a scheme.
30. CONT’D…
Monthly Income Plans (MIPs)
MIPs, as they are more popularly known, are a
category of mutual funds that invest mainly in
debt instruments.
MIPs are launched with the objective of giving a
monthly income to investors, but the periodicity
depends upon the option chosen by the investor.
These are generally monthly, quarterly, halfyearly and annual options.
32. LIST OF MUTUAL FUND
COMPANIES IN INDIA
Some of the popular firms that deal in mutual
funds in India are:
Reliance Mutual Funds
HDFC
Birla Sun Life
Deutsche Bank
ING
HSBC
ICICI Prudential
LIC
33. CONT’D..
JP Morgan
Kotak Mahindra
JM Financial
State Bank of India (SBI)
Sahara Mutual Funds
Tata
UTI
Standard Chartered
34. TOP MUTUAL FUNDS IN INDIA
Reliance Mutual Fund
HDFC Equity Fund
ICICI Prudential Fund
SBI Mutual Fund
35. DISTRIBUTION CHANNELS
Mutual Funds are primary vehicles for large collective investments,
working on the principle of pooling funds.
Agents and distributors are a vital link between the mutual funds
and investors.
Agents
Is
a broker between the fund and the investor and acts on behalf of
the principal.
He is not exclusive to the fund and also sells other financial
services. This in a way helps him to act as a financial advisor.
Distribution
Is
Companies
a company which sells mutual funds on behalf of the fund.
It has several employees or sub-broker under it.
It manages distribution for several funds and receives commission
for its services.
36. DISTRIBUTION CHANNELS
Banks
and NBFCs
Several banks, particularly private and foreign
banks are involved in a fund distribution by
providing similar services like that of distribution
companies.
They work on commission basis
Direct
Marketing
Mutual funds sell their own products through
their sales officers and employees of the AMC.
This channel is normally used to mobilize funds
from high net worth individuals and institutional
investors.