Mutual Funds
Portfolio/Fund Manager
Net Asset Value
Types of Mutual Funds
By Structure
By Investment Objective
Sources of Profit generation
Mutual Funds industry in Pakistan
Rules Govern Mutual Funds in Pakistan
Mutual Funds Companies in Pakistan
NBP Fullerton Asset Management Limited
Sponsors
Funds name
NAFA Money Market Fund
What is SIP? (Systematic Investment Planning) slideshareLatin Manharlal
Systematic Investment Plan (SIP) is an approach to investing small amounts at regular intervals rather than investing lump sum amount at one time.
Considered to be the safest way to invest into Equity Markets by going the SIP route, Investor is not trying to capture the Highs and lows of the market, but trying to average the cost by investing at regular interval.
Concept is that, When the markets fall investor gets more units. Likewise investor acquires lesser units when the market goes up. This means that investor buys less when the price is high and investor buys more when the price is low. Hence the average cost per unit falls down over a period of time.
Mutual Fund
Financial Management (FM)
Graduate School of Management Studies
Gujarat Technological University
Introduction of Mutual Fund
Working of Mutual fund
Benefits Of Investing In Mutual Funds
Limitations of a Mutual Fund
Classification of Mutual Funds
Recent changes in Mutual Fund
DOs & DON'Ts for investing in Mutual Fund schemes
Reference
Mutual Funds
Portfolio/Fund Manager
Net Asset Value
Types of Mutual Funds
By Structure
By Investment Objective
Sources of Profit generation
Mutual Funds industry in Pakistan
Rules Govern Mutual Funds in Pakistan
Mutual Funds Companies in Pakistan
NBP Fullerton Asset Management Limited
Sponsors
Funds name
NAFA Money Market Fund
What is SIP? (Systematic Investment Planning) slideshareLatin Manharlal
Systematic Investment Plan (SIP) is an approach to investing small amounts at regular intervals rather than investing lump sum amount at one time.
Considered to be the safest way to invest into Equity Markets by going the SIP route, Investor is not trying to capture the Highs and lows of the market, but trying to average the cost by investing at regular interval.
Concept is that, When the markets fall investor gets more units. Likewise investor acquires lesser units when the market goes up. This means that investor buys less when the price is high and investor buys more when the price is low. Hence the average cost per unit falls down over a period of time.
Mutual Fund
Financial Management (FM)
Graduate School of Management Studies
Gujarat Technological University
Introduction of Mutual Fund
Working of Mutual fund
Benefits Of Investing In Mutual Funds
Limitations of a Mutual Fund
Classification of Mutual Funds
Recent changes in Mutual Fund
DOs & DON'Ts for investing in Mutual Fund schemes
Reference
A day in the life of a portfolio manager at a Boutique Asset Management FirmYasmine Blosse
Find out how an equities portfolio manager structures his day and conducts everything from research into stocks to making and executing trading decisions.
SBA New Rules on Mentor-Protege Program, Joint Venture & 8(a) BD ProgramMark Amadeo
In this presentation, Mark Amadeo highlights key changes made by the SBA to its regulations that implemented a new mentor-protege program, and changed rules on small business joint ventures and the 8(a) Business Development Program.
The article discusses an alternative approach to experiencing the costs of index reconstitution, called “Asset Classes,” which allow the fund manager broader leeway as to when to buy or sell, along with a broader range of holdings. This discussion begins in the section called “Decision Two: Indexing or Asset Class Investing?”
The Asset Class approach, also referred to by others as "Factor Investing," is based on what has become to be called “Evidence Based Investing” due to roots discussed in the linked "Factor Investing" article, that come from academic (peer reviewed and repeatable results) foundation that continues to this day.
My blog post discussing this article is scheduled to post 8 Feb 2017 http://wp.me/p2Oizj-Hh
Mike Pfister looks at investment promotion and facilitation in Southeast Asia and draws lessons for the update of the OECD Policy Framework for Investment currently underway. This presentation was made at the Southeast Asia Regional Forum in Bali, Indonesia, on 24-26 March 2014.
Find out more at http://www.oecd.org/daf/inv/investment-policy/seasia.htm - http://www.oecd.org/daf/inv/mne/pfi.htm - http://www.oecd.org/globalrelations/seaforum.htm
Docket on Portfolio Management Servicesvikasmunoth
All you want to know about managing your investments. PMS is a structured and regulated way of handling your investments. Beware that PMS provider needs to be licensed by Securities & Exchange board of India.
It is good to know the basics before making investments in Stock Markets. History has recorded scores of investors who have made fortune out of stock market. And if your investments are timed well, you could be the next fortune maker in the market.
Delivered this presentation in my office with an objective to disseminate the domain knowledge of Hedge Funds to our India as well as US team and higher management. It helped them in gearing up better as consultants to better deal with our clients hailing from Hedge Funds Industry.
I hope it helps you too.
MFSL's recommendations have given 94% return in a yearvikasmunoth
It is often said that the test of pudding is in eating. Our recommendations have delivered 94% returns in about a year. Check out more about what our recommendations where and how they fared
Indian Stock Markets - Expecting a metoric rise in next five years. vikasmunoth
There seems to be no stopping for the anticipated double digit growth for India. A honest, able & stable Government is what was the country was desperately seeking in recent times. Now is the time to make a killing out of stock market. Check out this presentation which will tell you what needs to be done to make fortune out of stock market.
Investment Portfolio returns of 47% in 9 months vikasmunoth
MFSL has proven itself yet again. Our recommendations on 5th August 2013 have registered an average growth of 47% in span of 265 days. The returns of our portfolio is a huge 2.5 times more than that of sensex or nifty.
Follow these simple rules and safeguard yourselves from investment blunder. The presentation is extremely simple and easy for anyone to comprehend. It will give you an idea whether you should invest directly or you need to approach a professional. Investment could be at stocks, gold, mutual fund, bonds, real estate, etc.
Unique flying shuttle at the back for swifter navigation. Free over-the-head fold-able earphone & 2GB memory card. Full touch 3.2 inch display. Comes in two colors - milk white and dark grey
Who says that you cannot make money on stock markets just because the sensex remains sluggish?? Irrespective of whether the market sentiments are good or bad, it has been proven numerous times that some stocks yield awesome returns. Why? Because those companies could have delivered consistently good results for last several quarters. Because those companies could be into rock solid businesses where we can reasonably estimate above average growth for next many quarters. Because those companies could have built a solid brand value or a solid logistic or manufacturing infrastructure which makes it a deterrent for a new entrant. Because the company's products could command a higher premium in the market. Because the company could have much more avenues for growth in the market it operates or there could exist opportunities for expansions into other geographies. because those companies could be managed by team who have excelled in past. There could be many more reasons.
Value Investing is more of an art than science. Beyond the analysis of financial statements which reflects past performance, it requires the conviction of estimating future growth. Many times mere past performance may not reflect what is in store for future. Predicting stocks which could shoot up three to five fold in next few years is not an element of chance. It is a detailed study of the business of the company, anticipated growth with logical reasoning, study of cost effectiveness, capabilities of management to drive business, analysis of Government policies and anticipated trends which could effect performance of the company, existing and anticipated competition, risks of product substitutes, technology dependence and scores of other factors.
In this presentation, I share a list of companies which performed well in the course of last 1, 3 and 5 year horizon. The showcased companies even 5, 3 or 1 year back were fundamentally strong, leaders in their respective fields, and there existed high probabilities for their outstanding business growth. If you have invested into stock market directly or through a mutual fund, did you make great returns? If not, you need to introspect as to why did you miss such wonderful companies.
World over medium to large investors invest through Authorized Portfolio Managers because they have the requisite tools and expertise to manage their investments better. In India, Portfolio Managers needs to be registered with Securities & Exchange Board of India [SEBI]
Disclaimer: This presentation is meant for general reading purpose only and is not meant to serve as a professional guide or recommendations for readers. This document has been prepared based on publicly available information, internally developed data and other sources believed to by reliable. The management or employees of Munoth Financial Services Limited does not assume any responsibility for, or warrant the accuracy, completeness, adequacy or reliability of such information.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
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
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
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
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
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.
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.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The European Unemployment Puzzle: implications from population aging
Portfolio management services
1.
2. Basics | Investment Process | Potential for growth | conclusion
Introducing Portfolio.
• Portfolio is an investment into
instruments like equities,
derivatives, debts, bullion or
combination of few or all of them.
• Managing portfolio is a full-time
task & requires expertise of
identifying, evaluating,
comprehending and foreseeing
significant growth in revenues &
profits of companies.
• The art and science of following
markets successfully require
formal education, years of
experience, deep understanding
of fundamental and technical
analysis tools, up-to date market
intelligence and more.
3. Basics | Investment Process | Potential for growth | conclusion
Broad categories of Portfolio accounts.
o Non – Discretionary services: The task of PMS service
provider is to execute the instruction of clients and maintain
books of accounts of the client. All decisions of buying and
selling is made by the client. The PMS provider however gives
suggestions and recommendations to the client on his or her
investment decisions.
o Discretionary services: The PMS service provider
tailor
makes the portfolio allocation, and makes judicious buy and sell
calls on behalf of the investor and depending on his return
expectations, risk taking capacity, tenure of investments, choice
of asset classes like equity, debt, etcetera, and so on.
MFSL offers both discretionary and non-discretionary PMS facility.
4. Basics | Investment Process | Potential for growth | conclusion
Role of a Portfolio Manager.
o Understanding investor
needs and suitably making
asset allocations.
o Defining investment rules.
o Transacting trades with stock
broker and maintaining DP
account, books of account,
bank account on behalf of
the customer.
o Reporting to investor on
periodic basis on
performance of his or her
portfolio.
o Complying with all statutory
laws including audit on
behalf of the investor
Portfolio manager typically charges a small fee and
share in profits to its client.
5. Basics | Investment Process | Potential for growth | conclusion
Steps in creating a Portfolio.
o Asset allocation Process.
o Fixing Investment rules within every
o
o
o
o
asset category.
Defining universe of stocks which
qualify for investments.
Ranking of universe in terms of
potential for growth.
Buying & selling activities based on
fundamental and technical analysis,
news, estimated trends and so on.
Continually review asset allocation,
universe, ranking based on market and
business dynamics.
Infrastructure to support Portfolio includes investment in PMS software, technical
analysis software, subscriptions for primary fundamental data, news, etc.
6. Basics | Investment Process | Potential for growth | conclusion
Where to invest.
Asset allocation | Universe creation | Transaction | Constant review
Return
expectancy
Risk taking
capacity
Tenure of
investment
• Based on understanding of investor’s income sources,
estimated future expenditure, liquidity requirements, etc.
• Based on investor’s appetite for risk considering his or her age,
other businesses, family dependency, estimated future
commitments and so on.
• Based on investor’s requirement for funds for a future business,
buying an asset or incurring expenditure.
A scientific allocation in equity or debt is made after above brain storming
exercise with the investor.
7. Basics | Investment Process | Potential for growth | conclusion
Fixing exposure limits.
Asset allocation | Universe creation | Transaction | Constant review
o Within every asset category, define minimum and maximum
exposure for investments –
o Industry wise – limits defined for overall exposure in an
industry as well as limits could also be defined for minimum
exposure for better performing industries and vice versa.
o Company wise – similar exposure limits to be defined for
investments in a company [within the overall industry limit].
o Business house – overall ceiling for investments in any single
business house.
The main purpose of asset allocation and setting up exposure limits is to
spread the risk.
8. Basics | Investment Process | Potential for growth | conclusion
Which securities to invest.
Asset allocation | Universe creation | Transaction | Constant review
• Trustworthy
management
• Market liquidity
• Increased trading
activity
QUALITY
SIZE
• Minimum defined
revenue
• Minimum defined
market capitalization
• Growing company
• Good fundamentals
• Prospects and
industry trend
GROWTH
This step involves filtering of all listed companies which do not justify
investments at this moment. The process needs to be reviewed periodically.
9. Basics | Investment Process | Potential for growth | conclusion
Ranking the universe.
Asset allocation | Universe creation | Transaction | Constant review
o Parameters considered for internal ranking –
o Return on total capital employed – Fastest growing companies
usually are into good businesses.
o Recent performances – Performance in the latest quarter and
Trailing Twelve Months.
o Price Yield – Ideally lower PE has better prospects for increase in
market price if other parameters are favorable.
o Estimated earning – based on industry trends, company specific
news, foreign exchange exposure, etc.
A proprietary model for ranking is done giving varied weightages to above
parameters. Ranking is reviewed every fortnight as dynamics change.
10. Basics | Investment Process | Potential for growth | conclusion
When to buy & sell?
Asset allocation | Universe creation | Transaction | Constant review
Internal ranking
Chart study
Buy &
sell
decision
News & expectations
Timing the market is most vital activity. Most of the funds, performing good
and bad hold similar stocks. The entry and exit price makes all the difference.
11. Basics | Investment Process | Potential for growth | conclusion
Dynamics change fast.
Asset allocation | Universe creation | Transaction | Constant review
o Markets immediately react to company or industry news, rumors,
demand, supply, changes in global bourses or foreign exchange,
Indian & International political changes, economic policy changes,
and more.
o Portfolio managers or direct investors needs to have access to
such information and implication on prices of respective securities
in the stock market.
o Changes can include or remove some securities from the
universe of eligible stocks for investments and also change their
internal rankings.
Ever changing facet of the market has become even more dynamic thanks to
globalization, FII investments and increased dependences with other countries.
12. Basics | Investment Process | Potential for growth | conclusion
Good returns in long run.
o India offers tremendous potential because
o Its growth is far from reaching the saturation levels.
o Infusion of foreign funds is helping GDP growth.
o Early lead in technology and IT spectrum giving FE revenues.
o Healthy banking and legal system propagates confidence.
o Natural resources, huge educated middle class population,
ushers a confidence for India’s growth story in the long run.
In any market condition, some securities are under priced. Investing in them
will repay handsome returns, whenever the market corrects the stock valuation.
13. Basics | Investment Process | Potential for growth | conclusion
It is good to go for a PMS account.
o Globally, most of the investors do
not manage investments directly
as it requires tremendous
knowhow and full time
involvement.
o Small investors deploy through
mutual funds while High Networth
Investors invests through Portfolio
Management Service providers.
o The primary difference between
mutual fund and a PMS account
is that PMS is customized as per
investor preferences and
requirements. Mutual fund, on
other hand, is pre-structured.
A license from SEBI is mandatory to offer Portfolio Management Services in India.
14. Allow the experts to handle. See your money grow.
Munoth Financial Services Limited (MFSL) incorporated in 1990 is a widely held Public Limited Company.
MFSL is a Merchant Banker, a member of the National Stock Exchange (NSE), Madras Stock Exchange (MSE), and
Depository Participant (DP) with NSDL and also provides Portfolio Management Services (PMS). It is registered
with Securities and Exchange Board of India (SEBI) to provide all these services.
MFSL is empanelled with many leading banks and insurance companies for stock broking business. The company
has been associated with over 100 IPO’s. MFSL is the Investment Managers to Bangalore based Valmark Infra &
Realty Trust, a Category II SEBI registered AIF fund into real estate.
MFSL offers internet & mobile based trading platform incorporating the newest technology and is amongst the very
few entities to also offer IPO & mutual fund online.
The company has qualified and trained manpower which comprises of Chartered Accountants, Company
Secretaries, Cost Accountants and Management Graduates. It has the right mix of qualified and experienced
personnel to provide effective and efficient service, backed by state of art infrastructure.
Contact us for more information on Portfolio Management services.
HQ: Munoth Centre, 343 Triplicane High Road, Chennai 600 005.
Landline: +914428591185 | Fax: +914428591189 | Email: info@munothfinancial.com
Investments in capital markets are subject to market risks. Please read
PMS related documents carefully.
Join the bus now.