Case Study On Mutual Fund

Case Study On Mutual Fund
PART 1: ORGANISATION STUDY
CHAPTER 1: INTRODUCTION, PROFILING OF INDUSTRY, COMPANY AND PRODUCT
1.1INTRODUCTION:
Mutual fund Industry was introduced in India 1963 with the formation of Unit Trust of India. During the last few years many extraordinary and rapid
changes have been taking place in the Mutual fund industry. Indian economy is highly developing. The development is taken place due to the growth in
the financial system.
Institutions often trade of shares and institutional order's can have a major impact on market volatility. In smaller markets, institutional trades can
potentially destabilize the markets. Moreover, institutions also have to design and time their trading strategies carefully so that their trades have
maximum possible ... Show more content on Helpwriting.net ...
1.A trust who share a common financial goal which pools the savings of a number of investors.
2.It is a trust which helps investors to achieve their investment goals through the way of funds.
1.2.2 CONSTITUENTS OF MUTUAL FUNDS
1.Sponsor
2.Trustee
3.Asset management Company
4.Registrars and Custodians
The Portfolio Manager allows the investor to view and track his/her investments on an ongoing basis. It offers a wide variety of portfolio evaluation
options: Snapshot, Gain/Loss, Year (High/Low), News & Opinion, Fundamental and Fund Performance.
1.Automatically updates current market values of stocks and funds through current prices.
2.Includes each investment's portfolio weighting
3.Enables manual/automatic updation of all kinds of transactions such as: Buy, Sell, Systematic Investment Plan, Systematic Withdrawal Plan,
Dividends, Rights, Bonus and Splits.
4.Allows modification or deletion of any holding or transaction
5.Provides you with Return on Investment of your holdings.

The flow chart below describes broadly the working of a mutual
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A Study on Mutual Funds of India
CHAPTER 1
INTRODUCTION
MEANING| 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 realised 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. In other words, Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds ... Show more content
on Helpwriting.net ...
It includes swot analysis, products and services.Chapter IV : Conceptual study.This chapter gives a detailed information on the various concepts of
mutual funds, types of mutual funds, fund houses operating in India,Chapter V :Data analysis.This chapter analyses and interprets the data collected
from the questionnaire.Chapter VI : Findings suggestions and conclusion.This chapter gives details about the findings from the study, suggestions for
improvement and the conclusion.CHAPTER 2INDUSTRYPROFILEORIGIN, GROWTH AND DEVELOPMENT OF THE MUTUAL FUND
INDUSTRYThe mutual fund industry in India started in 1963 with the formation of Unit Trust of India, at the initiative of the Government of India
and Reserve Bank of India.First Phase – 1964–87 Unit Trust of India (UTI) was established on 1963 by an Act of Parliament. It was set up by the
Reserve Bank of India and functioned under the Regulatory and administrative control of the Reserve Bank of India. In 1978, UTI was de–linked from
the RBI and the Industrial Development Bank of India (IDBI) took over the regulatory and administrative control in place of RBI. The first scheme
launched by UTI was Unit Scheme

What 's A Mutual Fund?
What 's a Mutual Fund?
By Amy E. Buttell | Submitted On February 11, 2013
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Mutual funds are pools of money. Money from many different individual investors can be pooled with money from, say, the retirement fund of a global
corporation.
This money is managed full time by professionals who are paid for their financial management expertise.
Mutual funds invest in a portfolio of stocks (equities), bonds, or money ... Show more content on Helpwriting.net ...
You can also transfer your money from one fund to another.
Selection: There is a fund available for virtually any type of market sector that you might be interested in. Amutual fund screener is a good way to find
high–quality funds for your portfolio. There are also mutual fund newsletters that provide investors with fund profiles and information.
Liquidity: They offer an important combination of appreciation potential plus liquidity. Shares can be redeemed at the end of each day, based on the
fund 's net asset value (NAV).
Concise information: Based on mandates from the Securities and Exchange Commission (SEC), fund companies are obligated to provide a simple,
easy–to–understand prospectus and investor reports. A prospectus spells out a fund 's goals, strategies, fees, and expenses. The shareholder report
describes the fund 's most recent performance.
Protection: While investors are not insured against investment loss, rules do exist that regulate mutual fund transactions, advertising, and
communications with investors.

The Disadvantages of Mutual Fund Investing
No guarantee: As previously noted, mutual fund investors are not protected by any guarantees against losses in their fund investments. Stock funds
invest in stocks, and the stock market rises and falls. Individual holdings within a fund, and individual funds, fluctuate in value.

Mutual Funds Advantages And Disadvantages
Things you need to Know about Direct Mutual Funds
A mutual fund is a professionally managed fund that accumulates money from numerous financial specialists to buy securities. There is no legitimate
meaning of the word "mutual fund". It is a collective investment product that are controlled and sold to the general public on a daily basis. Investment in
Mutual fund is lot easier than selling and buying of individual stocks. It also gives flexibility to users to sell their fund any time.
You can invest in a mutual fund scheme under two ways:
Through a mutual fund distributors (Regular plans)
Directly with the funding firm (Direct plans)
Under regular plans, investment the mutual fund is done through a distributor or a channel partner. Investment from regular distributor or online fund
investment platforms such as AxisDirect falls under regular plans. The commission paid can differ across schemes and even across distributors. Mutual
fund does not directly charge the ... Show more content on Helpwriting.net ...
Advantages and Disadvantages of Direct MF over Traditional MF
Advantages
Lower Expense Ratio turning out to be Higher Returns for investors.
Equity funds delivered 128 basis point higher returns from past few years.
Disadvantages
Investors should have prior knowledge of the funds. Investors should know the difference between index funds and midcap opportunity funds.
Investors must understand how the share market is doing , how mutual funds work, evaluate track records of funds and most of all, will need to have
the time to devote to research on which fund to invest.
Major challenge is the legwork and paperwork required. If you are investing for the first time, you have to submit documents to the fund firm. You
need to visit a branch office and fulfil the KYC formalities.
Disruptors for Direct Mutual Funds
Below two are the major disruptors for the Direct Mutual fund schemes:
Advisers
Financial

Mutual Fund Performance in Bull and Bear Market: The Case...
Chapter 2
Overview of the Mutual Funds in Pakistan
2.1History of Mutual Fund
There are main two types of mutual funds are available open end and closed end funds for the Pakistani investors. Close End mutual funds are traded
in stock exchange, directly every investor can buy or sell these funds in the stock market. Prices of these funds are determined on the basis of demand
and supply of the shares rather than net assets value in case of closed end mutual funds.
In 1962, Government of the Pakistan established open end mutual fund with the name of National Investment Unit Trust (NITL) commonly known as
NIT. Later, first closed end mutual fund in Pakistan was established in the year 1967 with the name of Investment Corporation of... Show more content
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Francis and Fabozzi (1979) find that fund manager of the mutual funds do not reduce the beta of fund in bear market and increase it in bull market in
order to earn high risk adjustment returns for the shareholders and mutual funds managers do not shift over the beta of funds to take high return of
market movements.
McDonald (1974 ) indicates that stated objectives are significantly related to subsequent measure of systematic risk and total variability and to realize
mean excess returns. During the discussed period more aggressive objectives generally produced better performance of the funds when we find out the
ratios of mean return to beta or mean return to total variability. Higher risk funds usually appeared to produce better return to risk performance than
lower risks funds.
Madden, Nunn and Wiemann (1986) show that the alpha for the small capitalization mutual funds is positive and significantly different from zero on
consistent basis, while the capital of mutual funds is not significant for the largest mutual funds. The overall results provide strong support for
consistent and significant inverse relation between performance of the mutual funds and the size of market.
Malkiel (1995) conclude that mutual funds not provide any clarification to keep a faith that securities markets are extremely efficient. Most of the
investor keep in mind the purchasing a low expense index fund than give

Advantages And Disadvantages Of Mutual Fund
1.1Introduction of financial market:
High return and high risk are correlated to each other and the same can be applied in financial market. In financial matters, the term market implies the
total of purchasers and vendors and the exchanges between them. A financial market is a market where the participant's sale and purchase financial
securities, commodities and other negotiable items of value at a pre–determined price derived from demand and supply mechanism.
Figure.1.1: Financial Market Components
The financial markets have basically two major components:
1)Capital market
2)Money market.
Capital Market is a market where long term securities are traded. It is a place from where the business sector will fulfill its demand for long ... Show
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Every investment company appoints a fund manager who invests the money in different investment opportunities. These could run from shares to
debentures to currency market instruments, contingent on the plan's expressed targets. The income earned through these investments and the capital
appreciation acknowledged by the plan is shared by its unit holders in extent to the quantity of units claimed by them. Therefore a Mutual Fund is the
most appropriate investment for the investor as it offers a chance to put resources into an enhanced, professionally managed basket of securities at a
moderately low cost. Mutual fund schemes are offered on the basis of structure and investment objectives.
a)Structure based schemes:
i)Open–Ended Schemes: These schemes do not have a fixed maturity period. Under this an investor can buy and sell the units at any point of time. The
main feature of this scheme is liquidity which enables the investor to invest and redeem units at any point of time in the scheme. ii) Close–Ended
Schemes: The schemes have a fixed maturity of say 2 to 15 years. One can directly buy the investment in the scheme at the time of issue and thereafter
sell the units of the scheme on the stock exchange where they are listed. The units of these scheme were redeemed at NAV (Net Asset

Research Questions On Mutual Fund
Sections 1: Research question Mutual fund has been existing for a long time, but there are still a lot of details about it are not very clear. Generally,
this paper is discussing not only the overall performance of mutual funds, but also the functions of each subpart and how are they related to each other.
Specifically, there are several questions been answered: how is mutual funds' overall performance? What is the factor that affects its behaviour the
most? How does each composition affect the overall performance? Will there be any differences between the actively managed funds and passively
managed funds? How are mutual funds' performance compared with other market index during the past, specifically from 1975 to 1994? How to
understand the fund's performance by looking at the correlations and so on? By studying these questions separately, a better understanding of mutual
funds and their properties will be obtained.
Section 2: Contribution (the main findings of the paper This paper presents a new modelling method, which enable us to analyse mutual fund industry in
great details. By merging two sets of database together, it will be easier to make comparisons, as well as analysing what is the factor that causes some
certain behaviour. On top of that, it will be easier and more direct to determine the relationship between the management and performance. Generally
speaking, this paper unravels some properties found in the mutual fund market. Mutual funds held stock

Mutual Funds, Vanguard Paper
Vanguard Mutual Fund Evaluation
FIN/420
1/26/2014
The Vanguard Group The Vanguard Group offers an array of mutual funds, exchange
–traded funds, brokerage, and asset management. When choosing
and comparing mutual funds, there are characteristics that you need to first evaluate. This paper will review five different categories of mutual funds
that Vanguard Group offers its investors.
Actively Managed Common Stock Fund The Selected Value (ticker VASVX) is an actively managed common stock fund with a 4 star Morningstar
rating with a minimum investment of $3,000. This fund does not have a front or rear load fee. The total annual fund operating expenses are 0.41%
which means that for every $100 you invest, $.41 goes to paying the ... Show more content on Helpwriting.net ...
The funds asset allocation will become more conservative over time, meaning that the percentage of assets allocated to stocks will decrease while the
percentage of assets allocated to bonds and other fixed income investments will increase. This investment is superb for long–term investors like myself.
The fund inception occurred on October 27, 2003, and has been managed by Michael Buek since 2014. The fund inception date tells us that the mutual
fund has been around for 23 years and the fund manager for one year. This fund has been up for ten years and down for one year which tells us that
the new manager may have not been the correct choice.
International Fund Developed Markets Index Admiral Share (ticker VTMGX) is a Vanguard International Fund with a 3 star Morningstar rating and
a $3,000 minimum balance. This fund does not have a front or rear load fee. The total annual fund operating expenses are 0.06% which means that
for every dollar that you invest, $.06 goes to paying the person who sold you the fund. The expense ratio is also low at 0.09%. According to "Best
Vanguard Index Funds 2014 (2009–2015), "the index fund provides investors low–cost diversified exposure to developed foreign markets. The fund
invests in companies located in Europe, Asia, and Australia, which make up 75% of the non–U.S. equity market" (para. 2). There are five primary
industries that this fund encompasses.

Role Of Mutual Fund For A Study Essay
Role of Mutual Fund in India– A Study
R.H.Ramesh, Asst.Professorof Commerce
SMYK,Govt.First Grade College. Telsang. Athani(Tq) Belagavi (Dist) ramesh.hanumanthappakolhi@gmail.com Abstract
Savings form an important part of the economy of any nation. With savings invested in various options available to the people, the money acts as the
driver for growth of the country. Indian financial systems too present multiple avenues to the investors. 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. Each mutual
fund scheme has a defined investment objective and strategy. Mutual fund is a trust that pools money from a group of investors (sharing common
financial goals) and invest the money thus collected into asset classes that match the stated investment objectives of the scheme. Since the stated
investment objectives of a mutual fund scheme generally form the basis for an investor 's decision to contribute money to the pool, a mutual fund can
not deviate from its stated objectives at any point of time. From above backdrop the present study analysis role of mutual fund in general & Future
Prospects of Mutual Fund Industry in India in particular.
Key Words: Mutual Fund, Securities & Exchange Board of India (SEBI), Fast Moving consumable Goods (FMCG), etc,
Introduction
"....Mutual funds are popular among all income levels. With a mutual fund, a

Mutual Fund Performance
Case a) US Mutual Fund Performance
Maastricht University| | | | School of Business & Economics| | | | Place & date:| Maastricht, 5th December 2013| | | | Name, initials:|
MГјller–Wilmes, VEMCroughs, ZWFWang, WCGerdsen, BHARack, MD| | For assessor only| | ID number:|
I6076025I6075042I6117368I6075829I6064576| | 1. Content| | Study:| International Business Economics| | 2. Language structure| | Course code:| EBC|
| 3. Language accuracy| | Group number:| 1| | 4. Language: Format & citing/referencing| | Writing tutor name:| Mike Langen| | Overall:| | Writing
assignment:| | | Advisory grade| | | | | Assessor's initials| |
Your UM email address: ... Show more content on Helpwriting.net ...
ct on Market Efficiency, Investment advice considering the impact of costs (Jessica/Miro)
Hot hand effect
Survivorship bias
Appendix
Single Factor model
E(rpassive) – rf = О±+ОІ RMarket+ Оµ R = E – rf
Passive| Excess Return| Standard Deviation| Alpha| Market | R2adj| SSGA S&P 500 index| 1,0| | 0,07| 1,00| 0,95| FIDELITY Spartanindex fund| | |
0,04| 1,01| 0,94| DREYFUS S&P 500 index fund| | | –0,02| 1,01| 0,95| VANGUARD 500 index funds| | | 0,00| 1,01| 0,95| BGI index funds | | | 0,09|
1,01| 0,95| All funds | 1,17| 3,10| 0,00| 1,01| 0,95|
E(ractive) – rf = О±+ОІ RMarket+ Оµ R = E – rf
Active| Excess Return| Standard Deviation| Alpha| Market | R2adj| Aggressive growth | 1,07| 4,87|–0,31| 1.18| 0,74| Growth| 1,01| 3,65| –0.17| 1,02|
0,96| Income| 0,95| 2,61| 0,06| 0,76| 0,94| Growthincome| 0,97| 3,06| –0,08| 0,90| 0,99| Small cap| 1,14| 4,32| –0,05| 1,02| 0,68| All funds | 1,03| 3,65|

–0,11| 0,98| 0,92|
(1) Alpha tested for 0 and Market tested for 1 insignificant (2) At 10% significant, at 5% significant, at 1% significant
Multifactor model
E(rpassive)–rf = О±+ОІMarket RMarket+ОІSMB E(rSMB)+ОІHMLE(rHML)+ ОІMOME(rMOM)+Оµ R = E – rf
Passive | Excess Return | Standard Deviation| Alpha | Market | SMB| HML| MOM| R2adj| All funds| 1,17| 3,10| 0,06| 1,01|–0,26| –0,01| –0,03| 0,99|
E(ractive)–rf

The Characteristics And Features Of Mutual Funds
1.1General Introduction
The term investment refers to the commitment of funds made with an expectation of some positive returns. Two essentials aspects of investment are
that–firstly it involves waiting for returns, and secondly it involves an element of risk of not getting what is expected of the investment. Basically
investment means purchase of financial asset that yield a return, which is proportionate to risk assumed over some future period of time.
In finance, investment means buying securities or other monetary or paper (financial) assets in the money markets or capital markets, or other in
fairly liquid real assets, such as good as an investment, real estate or collectibles with a view to earn some gain over a period of time.
1.2Features of Investment
All the investment have the following features:
Return
Risk
Safety
Liquidity
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Professional Management
Mutual Funds provide the services of experienced and skilled professionals, backed by a dedicated investment research team that analyses the
performance and prospects of companies and selects suitable investments to achieve the objectives of the scheme.
2. Diversification
Mutual Funds invest in a number of companies across a broad cross–section of industries and sectors. This diversification reduces the risk because
seldom do all stocks decline at the same time and in the same proportion. You achieve this diversification through aMutual Fund with far less money
than you can do on your own.
3. Convenient Administration
Investing in a Mutual Fund reduces paperwork and helps you avoid many problems such as bad deliveries, delayed payments and follow up with
brokers and companies. Mutual Funds save your time and make investing easy and convenient.
4. Return Potential
Over a medium to long–term, Mutual Funds have the potential to provide a higher return as they invest in a diversified basket of selected securities.
5. Low

Mutual Funds Essay
Available ONLINE www.vsrdjournals.com
VSRD–IJBMR, Vol. 2 (4), 2012, 167–178
RESEARCH COMMUNICATION RESEARCH COMMUNICATION
A Study of Opportunities and Challenges for Mutual Fund in India : Vision 2020
1
Sarish*
ABSTRACT
In this paper, I have undertaken a study on mutual funds. The mutual fund sectors are one of the fastest growing sectors in Indian Economy and have
awesome potential for sustained future growth. Mutual funds make saving and investing simple, accessible, and affordable. The advantages of mutual
funds include professional management, diversification, variety, liquidity, affordability, convenience, and ease of recordkeeping
–as well as strict
government regulation and full disclosure. The Mutual Funds ... Show more content on Helpwriting.net ...
Investor plans for long horizon after considering the fundamental factors and assumes moderate risk. The main objectives of rational investors are
maximizing returns and minimizing risk, safety of the principal, tradability and liquidity are his subsidiary objectives. Financial instruments can be
categorized by form depending on whether they are cash instruments or derivative
instruments: Cash instruments are financial instruments whose value is determined directly by markets. They can be divided into securities, which are
readily transferable, and other cash instruments such as loans and deposits, where both borrower and lender have to agree on a transfer. Derivative
instruments are financial instruments which derive their value from the value and characteristics of one or more underlying entities such as an asset,
index, or interest rate. They can be divided into exchangetraded derivatives and over–the–counter (OTC) derivatives. Alternatively, financial
instruments can be categorized by "asset class" depending on whether they are equity based (reflecting ownership of the issuing entity) or debt based
(reflecting a loan the investor has made to the issuing entity). If it is debt, it can be further categorized into short term (less than one year) or long term.
Foreign Exchange instruments and transactions are neither debt nor equity based and belong in their own category. A legal document such as a

Disadvantages Of Mutual Fund Management
1 Introduction:
Mutual funds combine the savings of a large number of investors and manage them as a single pool of money. Instead of investors worrying about what
stock or bond or commodity to invest in, professional fund managers do the job. Mutual funds are run by mutual fund companies, also as Asset
Management Companies (AMCs). Each AMC operates a number of fund schemes that suit different type of investment needs.
For individual investors who don't have time to study and research investments, mutual funds are the best option for reaping the benefits of diversified
investments with minimum effort. In most funds, it is possible to start investing with as little as a few hundred rupees. Also, unlike many other
investments, mutual fund investments are generally liquid in nature and can be redeemed without any delay.
The benefit of investing ... Show more content on Helpwriting.net ...
One can also analyse whether a scheme prefers safer (lower returns) securities or riskier (higher returns) securities. In the case of hybrid schemes, the
mix of both equity and debt investments can be ascertained to evaluate the portfolio.
Management: Fund management is a fairly creative and personality–oriented activity. This may not be true for some types of schemes like short–term
fixed–income schemes and, of course, index schemes, but equity investment is more of an art than a science. When you are buying a scheme because
you like its track record (and unless you can foresee the future, that's the only way to buy a fund), what you are actually buying is a fund manager's (or
sometimes a fund management team's) track record.
What you need to make sure is that the fund manager who was responsible for the part of the scheme's track record that you are buying into is still
there. After all, high–performance equity scheme with a new fund manager is actually like a new fund offering to some

Performance Of Islamic Mutual Funds
This particular section provides an overall comparison of performance of Islamic Mutual Funds, which is important to consider empirically especially
taking into consideration the fact that the Islamic indexes provide different estimations for the performance of these mutual funds, particularly during
bullish and bearish periods. What is more important, the results of the current section appear to be the same compared to the related studies devoting
themselves to considering the aforementioned question. Practical evidence tends to prove that the Islamic mutual funds generally display continuous
and sustainable under–performance once they are assessed from the perspective of Islamic and traditional financial indexes. Still, it is worth... Show
Still, a number of studies has been showing that there was no relevant and significant difference between the performance of these funds in terms of
both conventional and Islamic systems of evaluation (Girard and Hassan, 2005). In particular, the famous and important Dow Jones Islamic Indices
(DJIS) reported significant outperformance during the period of 1996–2000, still showing underperformance during the next 5 years once estimated in
contrast to their traditional counterparts. What is necessary to state in this perspective, regardless of the type of indices and systems of evaluation, both
of them show similar diversification and reward–to–risk traits, characteristics and benefits. Further, considering the difference between the ethical and
non–ethical funds, the researchers tend to state that there is no difference between them, especially from the perspective of the performance
estimations utilized (Kreander et al., 2005). In addition, even less evidence is reported regarding considerable difference between ethical and
conventional funds in risk–adjusted returns during the 1990–2001 period. Considering the time–variation in betas, it is worth stating that their
introduction results in considerable underperformance of the local American investment funds and similarly high outperformance of the British ethical
funds compared to their traditional analogues (Bauer et

What Is The Five Mutual Funds
In this report, we intend to observe, select, and critically analyze five mutual funds and produce an optimally risky portfolio. After thorough evaluation,
we agreed upon the following mutual funds; Vanguard PRIMECAP Fund (VPMCX), Harbor Small Cap Value Fund (HASCX), Vanguard
Tax–Managed Capital Appreciation Fund (VTCIX), Victory RS Small Cap Growth Fund (RSYEX), and Allianz GI NFJ Mid
–Cap Value Fund
(PQNCX). We selected these particular funds due to historical performance and future growth potential. We used the Standard and Poor's 500 Index
(S&P 500) and the Dow Jones Industrial Average (DJIA) as our benchmarks to evaluate and determine performance and returns. We selected these
mutual fund styles based on the Morningstar's Style Box, ... Show more content on Helpwriting.net ...
The optimal investment weights for our portfolio are 21.20% in VPMCX, 11.00% in HASCX, 11.40% in VTCIX, 1.80% in RSYEX, and 53.60% in
PQNCX.
Part 1: Descriptive Data and Summary Statistics of the Five Mutual Fund
Table 1:
We selected 5 mutual funds that have 80% of more invested in stock equity securities in the mutual fund. The 5 mutual funds all have different
investment styles according to Morningstar. The investment objective defines what each mutual fund's long term goals are. It includes things such as
required return, the risk tolerance, and investment time horizon. The investment style is the different strategy used to set asset allocation of the
mutual fund. It sets expectations for long term portfolio performance. For example, VTICX focuses on large blend, where HASCX focuses on small
blend; meaning that they will target different portfolio asset allocations. Each fund will allocate its funds differently and in different proportions. The
investment strategy is a set of rules, behaviors or procedures designed to guide an investor's selection of an investment portfolio. For example,
VTICX looks into stocks that pay lower dividends and are included in the Russell 1000 Index so they can provide a tax–efficient investment return
consisting of long–term capital appreciation. Behind every capital investment there is a strategy. Arithmetic mean returns are the total average of the
returns for the last ten years (07–16) of

Essay On Mutual Fund
Maybe you won't find the single best mutual fund investment for 2015, but you can get hooked up with some of the best funds around if you know
what to look for. We're talking about both the stock and bond variety here, and if you think that the best funds for 2015 will be those with the best
mutual fund investment management team – think again.
These packaged investments are large professionally managed portfolios of securities (like stocks and bonds) where investors pool money by buying
shares. They all charge for their services and claim to offer great service and some of the best funds around. Some tout past investment performance,
claiming to have the best mutual fund investment team in the business. In the years leading up to 2015, ... Show more content on Helpwriting.net ...
But you can control one major factor that directly affects both fund performance and your net returns for 2015 and beyond: the cost of investing.
The best funds for the past few years have been no–load "index funds". These are passively managed to simply mimic the performance of major stock
and bond indexes vs. trying to outperform them. Since time has vindicated the fact that actively managed funds DO NOT significantly outperform
over the longer term, why pay an upfront sales charge (load) of 5% (or more) to invest, and/or 2% or more in ongoing expenses and fees every year
for active management? The best mutual fund investment keeps costs low, and never underperforms its benchmark, which is an index.
The cost of investing can be less than ВЅ% per year for expenses. Period. Now let's get more specific about the best funds for 2015 and beyond. The
best mutual fund investment for stocks: one with no load (sales charge) that tracks a major stock index like the S&P 500 Index. This will perform
right in line with the market as measured by the same index that actively managed competitors try to beat (and usually can't due to their high cost of
active management).
The best mutual fund investment in the bond arena: one with no load and mid–to–high quality that tracks an intermediate–term bond index. Think of
bond funds (which people buy for the dividend income) like this: if you pay a 3% load (sales charge) upfront to buy it and 1% a

Mutual Fund : An Open End Investment
A mutual fund is an open–end investment company that invests money of its shareholders in a usually diversified group of securities of other
corporations, as defined in the Merriam–Webster dictionary. Mutual funds help with financing and investing opportunities. They give the small
investors a chance to invest their money in other areas besides stocks and bonds. There is multiple mutual funds to choose from and different reasons
why shareholders should choose them. As popular as mutual funds have become, there is downfalls to them like most investment opportunities. In
2003, mutual funds were giving a bad name when a scandal was brought public. These opportunities and issues will be discussed. Becoming major
suppliers of funds in the financial market, mutual funds have become a very popular investment in recent years. Because of the diversity of
investments, portfolio management's expertise, and liquidity, mutual funds have grown rapidly over the past few years. One of the most popular
group's investing in mutual funds is people with self–driven retirement plans. This provides professionally handled money and pooled risk. There are
more than 8,000 different mutual funds, with more than 88 million households owning shares of one or more. Mutual funds pool investments by
individual investors and use the funds to accommodate financing needs of governments and corporations in the primary markets. Investments in
securities in the secondary markets are made as well. Mutual funds

Mutual Funds Essay
Mutual funds are an easy, convenient way to invest, without having to worry about choosing individual stocks. A mutual fund can be defined as a
single portfolio of stocks, bonds, and/or cash managed by an investment company on behalf of many investors. The investment company manages the
fund, and sells shares in the fund to individual investors. When one invests in a mutual fund, they become a part–owner of a large investment portfolio,
along with all the other shareholders of the fund. The fund manager invests the contributions when shares are purchased, along with money from the
other shareholders. Every day, the fund manager counts up the value of all the fund's holdings, figures out how many shares have been purchased by ...
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These funds can also specialize in bonds, stocks, or some mix of the two. An international fund can also specialize in a particular country or region of
the world, such as the Pacific Rim, Latin America, or Germany.
Equity–fund managers usually use one of three particular styles of stock picking when they make investment decisions for their portfolios. First there
is value, where a fund manager uses a value approach search for stocks that are undervalued when compared to other similar companies. Next, there is
growth and those funds try to find stocks that are growing faster than their competitors, or the market as a whole. These are often the stocks of
well–known established corporations. There is blend where managers buy both kinds of stocks, building a portfolio of both growth and value stocks.
Only 25 years ago, there were fewer than 500 funds available. Today, there are over 7,000, with more added every year. There are many advantages
to buying mutual funds, but there are disadvantages as well. Mutual funds can offer instant diversification, and diversification reduces risk. For
example, funds can reduce risk by spreading it among a large number of investments, if one stock performs badly, its impact on the overall portfolio is
lessened. Funds can also reduce risk by investing in different asset classes: stocks (which can include international as well as U.S. stocks), bonds, cash
and

Mutual Fund And Mutual Funds
Mutual funds can be dated as far back as 1774, when Adriaan van Ketwich created the first ever trust fund leading to King William I in 1822 getting
his idea to create the first documented closed–end investment. It was appealing for investors with small amounts of capital to invest their money
together and invest more diversely while reducing risk drastically. It was after this in mutual fund boom in the Netherlands that funds started to take off
like this in Switzerland then again in Scotland. This idea didn't move to the United States until the 1890s. The following fund was called The Boston
Personal Property Trust and was formed in 1893. It was also a close–ended fund. In 1907 the Alexander Fund was created in Philadelphia and was the
Mutual funds have the same concepts as stocks; if the company makes a profit then you will earn dividends. If the company does poorly so will your
investment. When you invest in mutual funds you will have a professional investment manager who buys and sell securities on you part, which to
some investors can be a turn off. Many investors prefer to select all their own stocks and bonds and to rigorously check financial histories and record
before making a choice. Other times people who maybe do not know how to properly investigate before investing or more times than none just do not
have the funds sufficient enough to invest.
Selection
When an investor decides that they are ready to invest it can be over whelming. It has been reported that there are approximately 20,000 mutual funds
available to choose from. To make it even trickier there are "types" of mutual funds. I will briefly explain what the seven most common funds are. The
number one choice for many investors are money market funds. Investors in this category are normally very risk averse and have this account mostly
for retirement purposes. These funds will invest in short–term fixed income securities, to include, government bonds, bankers' acceptances, treasury
bills and many other low risk investments. Of course with these low risk investments there are low returns to be expected. Generally why an older
person who is not looking to gamble in the mutual

Investment in Mutual Fund
[Type the company name]| INVESTMENT IN MUTUAL FUNDS AND SHARES–PROS AND CONS| FINANCIAL MANAGEMENT| | TO,
PRATIMA TRIVEDI| 12/9/2013|
REPORT BY–
PARITOSH SINGH FS35
PRAKRITI FS40
PANKAJ KUMAR SINGH FS34
ROMANSHU VARSHNEY FS64
RAJNEESH SHARMA FS44
TABLE OF CONTENTS
Table of Contents ACKNOWLEDGEMENT4 A.MUTUAL FUNDS5 I.INTRODUCTION5 II.ROLE OF MUTUAL FUNDS IN THE FLNANCIAI,
MARKET5 III.MUTUAL FUNDS: STRUCTURE IN INDIA5 IV.GROWTH INMUTUAL FUND INDUSTRY6 V.IMPACT OF THE GLOBAL
FINANCIAL CRISIS11 VI.GOVERNMENT POLICIES11 VII.ADVANTAGES OF MUTUAL FUNDS12 п
ѓ Diversification.12 пѓ Expert
Management.12 пѓ Liquidity.13 пѓ Convenience.13 пѓ Reinvestment of Income. ... Show more content on Helpwriting.net ...
In this process, Indian mutual funds have emerged as strong financial intermediaries and are playing a very important role in bringing stability to the
financial system and efficiency to resource allocation Mutual funds have opened new vistas to investors and imparted much–needed liquidity to the
system. III. MUTUAL FUNDS: STRUCTURE IN INDIA
Mutual Funds in India follow a 3–tier structure. There is a Sponsor (the First tier), who thinks of starting a mutual fund. The Sponsor approaches the
Securities &Exchange Board of India (SEBI), which are the market regulator and also the regulator for mutual funds.
Not everyone can start a mutual fund. SEBI checks whether the person is ofintegrity, whether he has enough experience in the financial sector, his net
worth etc. Once SEBI is convinced, the sponsor creates a Public Trust (the Second tier) as per the Indian Trusts Act, 1882. Trusts have no legal
identity in India and cannot enter into contracts, hence the Trustees are the people authorized to act on behalf of the Trust. Contracts are entered into
in the name of the Trustees. Once the Trust is created, it is registered with SEBI after which this trust is known as the mutual fund. IV. GROWTH IN
MUTUAL FUND INDUSTRY
The Indian Mutual fund industry has witnessed considerable growth since its inception in 1963. The assets under management (AUM) have surged to
Rs 4,173 bn in Mar–09 from just Rs. 250 mn in

Essay On Mutual Funds
Mutual funds are investments vehicles which allow you to be broadly diversified by owning a large array of stocks or a particular investment
instrument. Funds are managed by a single individual or a team of managers. Their job is to maximize your investment within the fund's investment
criteria. The decision made by the fund manager(s) will determine whether you see a financial gain or loss on your investment. Mutual fund managers
are responsible for researching investments, as well as buying and selling securities. Mutual fund companies pool money from thousands of investors.
Each of those investors becomes a shareholder in that fund.
Types of Mutual funds
There are literally thousands of mutual funds available for you to choose. ... Show more content on Helpwriting.net ...
Generally sector funds have higher expenses than general funds.
Bond funds–Do you believe the bond market will outperform the stock market? Yes, bond funds are available and there is a wide variety to choose.
There are short term Us Government bond funds, municipal bond funds, international bond funds, high yield (junk bond) funds..well you get the point.
Hybrid funds o further enhance your portfolio choices, you can elect to purchase a hybrid fund. Also known as balanced funds, these mutual funds
typically invest anywhere from 50–70 percent in stocks and the reminder in bonds and cash. The managers of these funds typically have discretion how
the fund will be balanced.
Index Funds–Index funds are generally passively managed funds designed to closely match their corresponding index. Index funds do not allow their
fund manager the latitude of selecting or become overweight a particular stock or sector within the fund. It is their job to match the corresponding
index The only time a mutual fund would sell a stock in a passively managed fun is if the corresponding was reconfigured. For example, when
Microsoft was added to the S&P 500 Index, those mutual funds who mirrored the S&P 500 Index, were forced to purchase Microsoft so they would
stay in lock step. Index mutual funds have three distinct advantages over actively managed funds.
1) Low turnover–This will minimize your tax burden at the end of the year. After all, it's not how much

Mutual Fund and Fund Answer A.
Question 1
1.
Which type of health insurance pays part of all of the surgeon 's fee for an operation
Answer
a. surgical expense
b. hospital expenses
c. physician 's expense
d. major medical expense
3 points
Question 2
1.
Health insurance typically includes
Answer
a. deductibles b. out–of–pocket limits
c. co–payments d. all of the above
3 points
Question 3
1.
Driver classification includes information on a person 's and is used to set auto insurance rates
Answer

a. type of automobile
b. place of residence
c. credit rating
d. driving habits
3 points
Question 4
1.
Which of the following are important provisions to your life insurace contract ... Show more content on Helpwriting.net ...
insurance index
d. cash value index
3 points
Question 20
1.
Which type of will has been gaining polpularity due to the increased exemption?
Answer
a. simple b. traditional marital share
c. exemption trust
d. stated dollar amount
3 points
Question 21
1.
Which source of investment information provides the most current data
Answer
a. newspapers b. corporate reports
c. business periodicals

d.
Moody 's Investment Reports
3 points
Question 22
1.
Which of the following investments would have the greatest potential for safety
Answer
a. government bonds
b. stocks c. commodities d. options 3 points
Question 23
1.
Which of the following investments would have the greatest potential for risk
Answer
a. preferred stock
b. corporate bonds
c. options d. bank accounts
3 points
Question 24
1.
When stocks are being traded between investors, they are traded in what market
Answer
a. investment banking
b. primary c. secondary d. efficient 3 points
Question 25
1.
Trusts can be
Answer

a. callable or noncallable
b. revocable or irrevocable
c. cumulative or noncumulative
d. participative or nonparticipative
3 points
Question 26
1.
The first step in retrirement planning is to
Answer
a. estimate your spending needs
b. estimate the inflation rate
c. evaluate your planned retirement income
d. analyze your current

Benefits Of Investing A Mutual Fund
!!!What Are Mutual Funds?
Before we go over when to buy and sell a mutual fund, let 's discuss exactly what a mutual fund is. A __mutual fund__ is simply a pool of money
from different people like you; it is professionally managed with the purpose of investing in different securities. The business or bank that manages a
mutual fund and attempt to produce income for investors is referred to as a __money manager__. Since mutual funds are professionally managed, they
are ideal for a person who has very little knowledge of investing.
There are several advantages of investing in a mutual fund. The biggest advantage is the diversification it offers. One mutual fund might invest in
stocks of large companies and others may invest in U.S. Treasury bills. Whatever the mutual fund offered by the bank is investing in, each investor in
the fund shares in the fund 's gains or losses. It is important to remember that mutual funds are not stocks, they are portfolios of things like stocks and
bonds.
!!!Choosing A Mutual Fund
In business or even in life, the quality of management plays a direct role on the success of the venture. The quality of management offered for a mutual
fund is no different. In the investment world, mutual funds are either actively managed or indexed. __Actively managed funds__ uses more human
capital to actively manage a fund 's portfolio, they use expertise and research to determine what securities to buy or sell. __Indexed funds__ are the
opposite of active,

Mutual Fund Market Essay
AAbstract Fund–flows suggest that recent years have seen a significant shift of capital towards passive investment strategies. There is evidence of
investors' preference for a relatively low fees passive strategies, usually in the form of index funds or exchange–traded funds (ETF). Undoubtedly, this
is shaking the active management dominated mutual fund industry to its core. Is this the beginning of the end for actively managed mutual fund
industry? Are we ready to sound the death knell for active management? Some in active management has resorted to name–calling, resembling
kindergartners, and producing a research report with titled such as: "Is Passive Investing Really Worse than Marxism?" Perhaps, Robert Fulghum's
book, All I Really ... Show more content on Helpwriting.net ...
It took another 150 year for pooled investments to arrive to the United States. On March 21, 1924, Massachusetts Investors Trust launched the first
modern day mutual fund, providing individual investors with a cost effective way to achieve a diversified portfolio. Moreover, individual investors
gained the benefit of having their investments managed by professionals. Since then, academics and practitioners alike have debated ad nauseam the
value–add delivered by fund managers. Jensen (1968) evaluated the performance of mutual funds from 1945 to 1964 and concluded that on average,
fund managers were not able to predict security prices well enough to outperform the market. Concurring with Jensen, Samuelson (1974) found that it
was nearly impossible to find a fund manager who can outperform the market by holding a subset of securities of the market. Henceforth, Samuelson
advocated for the creation of a naГЇve portfolio that tracks the S&P 500 Index (a market proxy). On August 31, 1976, the Vanguard Group launched
the first index fund for individual investors, the First Index Investment Trust. The introduction of this index fund initiated the active–passive debate;
the persistent dialogue around mispriced securities sustains

Mutual Fund Advantages And Disadvantages
There are various investment opportunities available today in financial market for an investor to avail and earn returns. An investor has different
options available today ranging from bank deposits, debentures, fixed income, etc. where there is low risk as well as low return; to equity market
having a higher return to higher relative risk. Mutual Fund is an investment scheme which pools money from investors to invest in a diversified
portfolio of stocks. Every investor wants to invest in that investment where risk minimized and the return of investment maximized. Mutual funds
investment is becoming significant all over the world and its popularity and demand is rising steadily (Nazir & Nawaz, 2010).Mutual funds in Pakistan
are created and managed by Asset Management Companies and regulated by Securities and Exchage Comission of Pakistan. The investor purchase
share with in the fund however the quantity of shares in issue varies consistent with demand,thus the term open ended.This implies that the value of
share reflects the underlying net asset value ... Show more content on Helpwriting.net ...
The second initiation in this business sector was the Investment Corporation of Pakistan (ICP), instituted in 1966.In 2001 the development of this
sector was inconsequential with just 12 AMCs and just 38 mutual fund (Asghar, e Kausar, Afza, & Bodla, 2013) After 2001, due to privatization and
liberalization strategy of government this sector indicated noteworthy development in the first decade of this century i–e in 2010 we had altogether 135
funds including 105 open–ended funds managed by 28 AMCs (Ahmad Abbasi & Syed Muhammad Amir Shah, 2012) The capital market confronted
difficult times amid 2008 and 2009, which decreased the demand for funds managed by financial specialists and subsequently the retreat was a hard
beginning of the month of June 2008. According to SECP in 2014 the mutual fund investment assets are about 462.97

Different Types Of Mutual Funds
Types of Mutual Funds
We have seen many evolutions in the stock market since its inception. Mutual funds have lasted through many of the changes we have seen over time
and show no real sign of faltering. Below you will find a brief description of the various types of mutual funds currently on the market.
Equity Funds. These funds deal with equity shares of corporations. They carry not only high risks but also the opportunity for high rewards. Depending
on the industry involved, these funds may be sector oriented (technology funds will invest in emerging technologies for example) or diversified
meaning they consist of many funds from different sectors.
Debt Funds. As their name applies these funds deal primarily with debt–oriented mediums ... Show more content on Helpwriting.net ...
If you have a little bit of adventure but don't want to 'risk it all' then perhaps the balance fund is your best destination.
Price Determination
Once you have a basic understanding of the available options, the next step lies in understanding the price and how it is determined. The income of
mutual funds is generally acquired in the form of interest, dividends, and trading. In debt securities however interest income is all but assured. This is
not the case when dealing with equity stocks and the dividend in these situations depends on the profits earned by the company among other factors.
When investing in debt funds it may be that your best interest would not be a mutual fund. If you can afford the investment without the mutual fund you
should determine which would be best for your situation. You want to choose the route that will offer you the higher reward. Keep in mind that market
trends do not carry quite the weight when dealing with debt funds, as they will with equity funds.
Equity funds offer trading that is based on the perception of the fund manager as to what the market is preparing to do and the current risks vs. the
potential reward. There are many things that will affect a stocks future from legislation to competition and millions of things in between that aren't
limited to technological advances and scientific breakthroughs. Thus the higher risk nature of this particular type

Disadvantages Of Mutual Funds
Mutual funds are investment plans that let you to pool your money together with additional investors to purchase a collection of securities that might
be difficult to recreate on your own. This is often referred to like a portfolio. The price of the mutual fund, also recognized as its net asset value is
determined by the total value of the securities in the portfolio, divided by the number of the fund's unsettled shares. This price varies based on the
value of the securities held by the portfolio at the end of every business day. Note that mutual fund investors do not really own the securities in which
the fund invests; they only own shares in the fund itself.
Mutual funds are a common choice amid investors because they commonly offer the ... Show more content on Helpwriting.net ...
Balanced funds– These funds invest in a mixture of equities and fixed income securities. They attempt to balance the aim of achieving higher yields
against the risk of losing money. Most of these funds monitor a formula to divide money amid the different types of investments. They tend to have
more risk than fixed income funds, but fewer risk than pure equity funds.
6.Index funds– These funds invest in equities or fixed income securities which chosen to mimic a specific index such as the S&P/TSX Composite
Index. The value of the units or shares of the fund will increase or decrease as the index goes up or goes down. Some funds may track a great number
of the investments on an index, or a selection of the investments. Index funds typically have minor costs than actively managed funds because the
portfolio manager doesn't have to do as much investigation or make as many investment decisions.
7.Specialty funds–These funds invest in equities or fixed income securities in a specific region, or a specific sector. Or, they may focus on an
emerging market, or a theme like socially responsible investing. These funds sometimes have very high earnings. At the same time, there is a very
great risk that you could lose

Mutual Aid Group Analysis
A mutual aid group must have an established purpose. This is done in an effort to avoid confusion and misunderstanding of what is expected of the
members as well as what they should expect to get out of the each other and the professional. There are two main purposes in this particular group. the
first goal is to have each member positively contribute according to their individual comfort level so that everyone in the team will be exposed to and
learn new mutual aid development skills as a whole, to help themselves, as they help one another. The second one is to acquire knowledge which
could be used to cope with everyday stress in a more positive, yet practical manner. In order to be able to do this successfully, we must all work
towards identifying ... Show more content on Helpwriting.net ...
I figured in this first session anxiety was at a rise and my intention was to avoid causing any more by pressuring members to go in a particular order
which they basically had no choice over. Introductions also cannot be dismissed as merely a requirement or need. As Shulman (2016) states "the
advantage of introductions is that they help group members break the ice and begin to speak from the start (427). As the facilitator of a first session,
this is key because breaking the ice between members is one of the main goals of a mutual aid group. After the introductions were completed, we went
into the "Word Association" game, in which I said a "random" word and ask each member to share what is the first word that pops into their mind.
This was done to be able to collect as Shulman (2016) states "minimum, relevant information since at this point discussion of the working contracted
has not been established

Notes On Mutual Fund Industry
CHAPTER – I
OVERVIEW OF MUTUAL FUND INDUSTRY IN INDIA
CONTENTS:
1.1 Introduction
1.2 What is Mutual Fund?
1.3 Evolution of Mutual Fund Industry
1.4 Universal Role of Mutual Fund
1.5 Organization Structure of Mutual fund
1.6 Foundation of Mutual Fund in India
1.7 Growth of Mutual Funds in India
1.8 Kinds of Mutual Funds
1.9 Benefits of Mutual Funds
1.10 Drawback of Mutual Funds
1.11 Mutual Fund & Capital Market
1.12 Role of Security Exchange Board of India
1.13 Role of Association of Mutual Fund in India
1.1 INTRODUCTION:
The Indian financial system based on four basic parts like money Market, money establishments, money Service, and money Instruments. All area units
play basic position for light events for the relinquishing of ... Show more content on Helpwriting.net ...
in keeping with the expansion monetary sector and second generation restructurings its ought to execution of the financial sector. It's conjointly ought
to providing the economical service to the capitalist largely if the investors area unit offer bit, in this purpose of read the investment trust play very
important for higher service to the little investors. The most vision for the analysis for this study is to scrutinize the performance of 5 star rated mutual
funds, given the load of risk, return, and assets beneath management, web assets worth, value and value earnings quantitative relation.
1.2 WHAT IS A MUTUAL FUND?

Mutual fund is that the pool of the cash supported the trust who invests the savings of a number of investors who shares a standard money goal, just
like the capital appreciation and dividend earning. The cash therefore collect is then invested with in capital market instruments such as shares,
debenture, and foreign market. Investors invest cash and obtain the units as per the unit price that we have a tendency to refer to as NAV (Net Assets
Value). investment company is that the most suitable investment for the soul because it offers a chance to speculate in wide–ranging portfolio
management, sensible analysis team, professionally

Mutual Insurance Company Of Iowa
Mutual Insurance Company of Iowa The Mutual Insurance Company of Iowa (MICI) has an office in Des Moines, Iowa that is responsible for the
processing of their insurance claims (Heizer & Render, 2014). The company sales have grown at a rapid rate, and the volume of claims has as well.
However, due to the limited workforce, facility constraints, and administrative procedures, the outflow of claims is substantially less than the inflow.
It presents a major issue because the claim processing time has been significantly increased. It has created customer dissatisfaction on a large level
and prompted many to take legal action against the company. Facts Ms. Cook realizes there is no simple solution to this situation, but recognizes that
something must be done to fix this overwhelmed system (Heizer & Render, 2014). She decided to follow the Just In Time (JIT) approach for its
economic benefits and quality of work. It was facilitated through the part–time employees that were brought in to clear the backlogs. JIT is an
inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process,
thereby reducing inventory costs (Investopedia, n.d.). The claim processing team was provided with training for JIT strategy, and their jobs were
redesigned to improve the quality their work. The training consisted of claim processing, data entry, and cross–functions were given for quick and
enhanced work quality. Issue

Disadvantages And Disadvantages Of Mutual Funds
3.1INTRODUCTION: A Mutual Fund is a kind of trust that pools money which shares common financial goals from a group of investors and invest
the money. The Fund is mainly a corporation where sole business is to collect and invest money or fund. You combine the pool by buying shares in
the fund. Then the money is invested by a team of professionals who research bond, stock and other assets and then place the money as good they can
earn the returns. There are several kinds of mutual fund. Funds can also be open ended and close ended funds. Open ended schemes sell their shares to
those who are willing to buy. The money collected is invested in capital market instruments such as debentures, shares and other securities. The income
which is been earned or got from this investment or even from capital appreciation is distributed or shared by its unit holders in proportion to the
number of units owned by them.

Mutual Funds Advantages And Disadvantages
1.Mutual Funds(Open ended) A Mutual Fund is an investment vehicle that is made up of a pool of funds collected from many investors for the
purpose of investing in securities such as bonds, stocks, money market instruments and identical assets. Advantages: 1.Liquidity An advantage of
mutual funds is the ability to get in and out with relative ease. In general, you are able to sell your mutual funds in a short period of time without there
being much difference between sale price and the most current market value. 2.Diversification By purchasing mutual funds, you are provided with the
immediate benefit of instant diversification and asset allocation without the large amounts of cash needed to create individual portfolios 3.Professional
selection of individual... Show more content on Helpwriting.net ...
Certainty about the specific investments in trust The money placed in an investment trust is used to capitalize a fixed portfolio. Unlike mutual funds or
hedge funds, for some investors, this is a key advantage because they are given the ability to always know what they own. Disadvantages:
1.Opportunity cost This means that by putting money in unit trust, you lost the opportunity to use it elsewhere. Of course there is no guarantee that
putting the money elsewhere will yield better returns. In the same way, putting money in unit trust prevents you from investing it elsewhere, such as,
directly in the stock market. 2.Fees and charges The services provided by the unit trust fund managers are not free. There are fees and charges payable
by the unit holders to the unit trust schemes. Granted these fees are almost negligible compared to the professional expertise received by the investors,
it is something the unite holders have to bear. 5. Other type of funds 1.Money market funds It is open–ended funds which normally invest in short–term
securities, usually one year, for example treasury bills or Government bonds. Money market funds are greatly recognize as being really safe and give a
great

Mutual Fund: An Introduction A Mutual Fund Is A Form Of
Mutual fund: An Introduction A mutual fund is a form of collective investment. It is a pool of money collected from various investors which is
invested according to the stated investment objective. The fund manager is the person who invests the money in different types of securities according
to the predetermined objectives. The portfolio of a mutual fund is decided taking into consideration this investment objective. Mutual fund investors are
like shareholders and they own the fund. The income earned through these investments and the capital appreciation realized by the scheme is shared by
its unit holders in proportion to the number of units owned by them. The value of the investments can go up or down, changing the value of the ... Show
Mutual funds save your time and make investing easy and convenient. Return potential: Over a medium to long term, mutual funds have the potential
to provide a higher return as they invest in a diversified basket of selected securities. Low costs: Mutual funds are a relatively less expensive way to
invest compared to directly investing in the capital markets because the benefits of scale in brokerage, custodial and other fees translate into lower
costs for investors. Liquidity: In open ended schemes, the investors get the money back promptly at net asset value related prices from the mutual fund.
In closed end schemes, the units can be sold on a stock exchange at the prevailing market price or the investor can avail of the facility of direct
repurchase at NAV related prices by mutual fund. Transparency: You get regular information on the value of your investment in addition to disclosure
on the specific investments made by your scheme, the proportion invested in each class of assets and the fund manager's investment strategy and
outlook. Flexibility: Through features such as regular investment plans, regular withdrawal plans and dividend reinvestment plans, you can
systematically invest or withdraw funds according to your needs and convenience. Affordability: Investors individually may lack sufficient funds to
invest in high–grade stocks. A mutual fund because of its large corpus allows even a

Mutual Funds
Chapter 04 Mutual Funds and Other Investment Companies Multiple Choice Questions 1. Which one of the following invests in a portfolio that is
fixed for the life of the fund? A. Mutual fund B. Money market fund C. Managed investment company D. Unit investment trust 2. ______ are
partnerships of investors with portfolios that are larger than most individual investors but are still too small to warrant managing on a separate basis. A.
Commingled funds B. Closed–end funds C. REITs D. Mutual funds 3. A __________ is a private investment pool open only to wealthy or institutional
investors that is exempt from SEC regulation and can therefore pursue more speculative policies than mutual funds. A. commingled pool B. unit trust C.
Gross Asset Value D. Total Asset Value 21. Net Asset Value is defined as ________________________. A. book value of assets divided by shares
outstanding B. book value of assets minus liabilities divided by shares outstanding C. market value of assets divided by shares outstanding D.
market value of assets minus liabilities divided by shares outstanding 22. Assume that you have just purchased some shares in an investment
company reporting $500 million in assets, $50 million in liabilities, and 50 million shares outstanding. What is the Net Asset Value (NAV) of
these shares? A. $12.00 B. $9.00 C. $10.00 D. $1.00 23. Assume that you have recently purchased 100 shares in an investment company. Upon
examining the balance sheet, you note the firm is reporting $225 million in assets, $30 million in liabilities, and 10 million shares outstanding.
What is the Net Asset Value (NAV) of these shares? A. $25.50 B. $22.50 C. $19.50 D. $1.95 24. The Vanguard 500 Index Fund tracks the
performance of the S&P 500. To do so the fund buys shares in each S&P 500 company __________. A. in proportion to the market value weight of
the firm's equity in the S&P500 B. in proportion to the price weight of the stock in the S&P500 C. by purchasing an equal number of shares of each
stock in the S&P 500 D. by purchasing an equal dollar amount of shares of each stock in the S&P500 25. Which of the following is not a type of
managed investment company? A. Unit investment trusts B.

An Overview of Mutual Funds
Mutual Funds –Mutual Funds have become increasingly popular in the last 20 years, with the number of investors rising to 80 million people. This
adds up to half the households in America owning mutual funds, with most having a basic knowledge on the matter. A mutual fund is a group of
stocks and/or bonds put together, to be invested in as one, and similarly to stocks, investors own shares, which signify a partial ownership on the fund.
Making Money off Mutual Funds –Seeing as funds are a collection of stocks and bonds, investors tend to receive dividends on the stocks and interest
on the bonds. Though it is not as direct as when investing in them, funds distribute these dividends and interests to the investors. –In the case that the...
Show more content on Helpwriting.net ...
As with the other funds, equity funds can be divided in different types, due to the various types of equities. –Depending on the equity fund, they invest
depending on size and value of the company, which can be explained through a style box. The company can be one of three styles of investment. It
can have a growth style of investing, meaning that the company has a high earnings and is predicted to grow. These are often technology companies.
(More on this can be read under Style of Investment). The other style is value, meaning that the company, that is predicted to do well financially in
the future. Then, if the company cannot be placed in these two categories, the investing style can be a blend, simply meaning that it can't be
characterized by value or growth style. The other way of categorizing companies in a Morningstar style box, is through the size of the company. Once
again, there are three categories INSERT MORNINGSTAR STYLE BOX + LINKS TO SPECIFIC TYPES (press one of the boxes, to learn what type
of funds...) Global/International Funds – As can be deducted from the name, international funds only invest internationally, and can also be referred to
as foreign funds, while global funds invest everything, which includes in the country. – Unlike other funds, it is difficult to assess whether these funds
have high risks, though it is important to realize that other countries may have slightly

Mutual Fund And Mutual Funds Essay
INTRODUCTION
The growth of the Mutual Funds is very slow and it took really long years to evolve the modern day Mutual Funds. Mutual Funds emerged for the first
time in Netherlands in the 18th century and then got introduced to Switzerland, Scotland and then to United States in the 19th century. The main
objective behind Mutual Fund investments is to deliver a form of diversified investment solution. Later, the investors had a wide choices of diversified
investment portfolio through the Mutual Funds.
In India, the Mutual Fund concept emerged in 1960. The first open ended Mutual Fund was created as public sector enterprise with the establishment of
Unit Trust of India in 1964 under the Central Legislation, i.e., Unit Trust of India Act–1963.
EVOLUTION OF MUTUAL FUND IN INDIA
Mutual Fund have emerged as strong financial intermediaries and have helped in increasing the growth of Indian economy. Mutual Fund have provided
financial stability and rationalised the resource allocation process. The Mutual Fund industry has grown from a monopoly market to a competitive
market through the following phases:–
PHASE 1 – 1987 to 1987 Monopoly of UTI:
IN 1964, the UTI was formed by the Government of India. Its main objective is "to encourage savings and investment and participation in the income,
profits and holding management and disposal of securities".
PHASE 2 – 1987 to 1993 Public Sector Financial Institutions:
In 1987, the first non–UTI Mutual Fund, SBI Mutual Fund was launched.

The Collapse Of Washington Mutual Essay
J.P. Morgan planned to close branches of Washington Mutual that J.P. Morgan was already settled and successful in.
Sidel, Robin, David Enrich, and Dan Fitzpatrick. "WaMu Is Seized, Sold Off to J.P. Morgan, In Largest Failure in U.S. Banking History." WSJ.
Wsj.com, 26 Sept. 2008, 25 Nov. 2016.
Sidel, Enrich, and Fitzpatrick discuss what lead to the collapse of Washington Mutual back in 2008. Leading up to the collapse of Washington Mutual,
the downfall of the housing market was impacting the mortgage portfolios of Washington Mutual. A month before the collapse the bank tried to
auction itself off, with little to no offers. Washington Mutual's customers began pulling out their deposits, reaching $16.7 billion in just a couple days
after Lehman Brothers had filed for bankruptcy protection on September 15, 2008. Because of the overwhelming amount of deposits that had been
pulled from the bank, Washington Mutual did not have enough cash or liquidity resources to meet their obligations and in turn proved to be an unsafe
bank to do business with. The FDIC rapidly set a deadline for offers by parties interested in taking over the bank on a Wednesday instead of the usual
Friday that the FDIC has been known to do in the past. Eventually on that Thursday, J.P. Morgan bought Washington Mutual for $1.9 billion. J.P.
Morgan was able to start business in states that they had not been apart of before including California and Florida, where Washington Mutual had over
900 branches located.

Liberty Mutual Contribution Report
Liberty Mutual Hiring Team, I'm excited to be writing you about the opportunites in your claims department. I've worked closely with insurance
representatives and found their function to be key in facilitating coverage for those in need. Liberty Mutual has impressed me with its altruistic pursuits
on a very personal level, by aiding myself and other volunteer fire fighters in the prevention of fires in my community, (Chewelah, Wa). As i've
researched further into LM's contribution report, I've found that LM truely values giving back and it shines true through its tremendous employees
/corporate donations. This inspired my goal– to use the tool of my experience to become a pillar, not only in my team, but as a support for those in
need. This

What Are Mutual Funds? Essay
What Are Mutual Funds and Different Types of Mutual Funds
By Vaibhav Bhadange | Submitted On June 06, 2012
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Mutual funds are a type of certified managed combined investment schemes that gathers money from many investors to buy securities. There is no such
accurate definition of mutual funds, however the term is most commonly used for collective investment schemes that are regulated and available to the
general public and open–ended in nature. Hedge funds are not considered as any type of mutual funds.
Mutual funds are identified by their principal investments. They are the 4th largest category of funds that are also known as money market funds,
bond or fixed income funds, stock or equity funds and hybrid funds. Funds are also categorized as index based or actively managed.
In a mutual fund, investors pay the fund 's expenditure. There is some element of doubt in these expenses. A single mutual fund may give investors a
choice of various combinations of these expenses by offering various different types of share combinations.
The fund manager is also known as the fund sponsor or fund management company. The buying and selling of the fund

Case Study On Mutual Fund

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