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DECLARATION
I, do hereby declare that this dissertation report work title
“ Mutual Fund in India”
submitted by the undersigned in partial fulfillment of Post Graduation Diploma inFinance & Control (PGDFC) in Institute of Management and Information Science(IMIS), Bhubaneswar,under the guidance of 
Prof. S.P. Padhi
, faculty of IMIS. It isexclusively prepared and conceptualized by me and has not been submitted to any other institution or published anywhere before.
Date:Place: Bhubaneswar Prasenjit Panda
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ACKNOWLEDGEMENT
I take this opportunity to express my sincere gratitude toward my faculty guide Prof. S.P.Padhi for his invaluable guidance. It would have never been possible for me to take this project to completion without his innovative ideas and his relentless support andencouragement. I consider myself extremely fortunate to have had a chance to do Projectunder his guidance. In spite of his hectic schedule he was always approachable and took his time off to attend to my problems and gave the appropriate advice. It has been a veryenlightening and enjoyable experience to work under his.I would like to thank Mr. Sujoy Roy (Unit Manager) for providing the concept at the timeof summer training and crucial inputs to my ProjectI also would like to thank whole heartily all the faculty members of the Institute of Management & Information Science for the invaluable knowledge, and for teaching the principles in most exciting and enjoyable way.
 
My stay at IMIS was unforgettable to say the least, and the biggest reasons for it beingmy classmates of the great batch 2007-09 batch. A small and cute batch with varieties,lots of fun, lots of birthday treats, and photo sessions in the campus. I thank myclassmates just for being such great buddies.I would like to thank my parents for taking me to this stage in life; it was their blessingswhich always gave me courage to face all challenges and made my path easier 
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ABSTRACT
This project mainly emphasize on the mutual fund. This project was mainly done with anobjective to know the funds performance, load structure, fund snapshot, funds average AUM,regarding indices, regarding equity market, debt market, and regarding forex market. Havinggone through over past few months fact sheet, I found that all equity & debt scheme’s performance had been changed in every month. Now coming about the concept of mutual fund. Mutual fund is a mechanism for pooling theresources by issuing units from the investors and investing funds in securities in accordance withobjectives as disclosed in offer document. Investments in securities are spread across a widecross-section of industries and sectors and thus the risk is reduced. Diversification reduces therisk because all stocks may not move in the same direction in the same proportion at the sametime. Mutual fund issues units to the investors in accordance with quantum of money invested bythem. Investors of mutual funds are known as unit holders.The profits or losses are shared by the investors in proportion to their investments. The mutualfunds normally come out with a number of schemes with different investment objectives whichare launched from time to time. A mutual fund is required to be registered with Securities andExchange Board of India (SEBI) which regulates securities markets before it can collect fundsfrom the public.Mutual fund is divided into three categories, large cap, medium cap and small cap. Apart fromthis, mutual fund have different schemes such as Open-ended Fund/ Scheme, close -ended Fund/Scheme, Growth / Equity Oriented Scheme, Balanced Fund, Index Fund etc. There are various plans and investments of mutual fund such as one time investment, SIP (Systematic InvestmentPlan), ELSS (Equity Limited Savings Schemes), Automatic Investment Plan, AutomaticWithdrawal Plan and Growth/ Income Plan.Apart from these, NAV (Net Assets Value) is an important term used in mutual fund. The NAV per unit is the market value of securities of a scheme divided by the total number of units of thescheme on any particular date. The performance of a scheme is reflected in its net asset value(NAV) which is disclosed on daily basis in case of open-ended schemes and on weekly basis incase of close-ended schemes.Like all financial products, Mutual funds have advantages and limitation. The advantages arediversification, professional management, regulatory oversight, liquidity etc. And the limitationsattached to it are no guarantees of profit, management risk, fees and commissions included withthese are very high. Now the important question arise how to invest in a scheme of a mutual fund. Mutual fundsnormally come out with an advertisement in newspapers publishing the date of launch of the newschemes. Investors can also contact the agents and distributors of mutual funds who are spread allover the country for necessary information and application forms. Forms can be deposited withmutual funds through the agents and distributors who provide such services. Nowadays, the postoffices and banks also distribute the units of mutual funds. However, the investors may pleasenote that the mutual funds schemes being marketed by banks and post offices should not be takenas their own schemes and no assurance of returns is given by them. The only role of banks and post offices is to help in distribution of mutual funds schemes to the investors. Investors shouldnot be carried away by commission/gifts given by agents/distributors for investing in a particular scheme. On the other hand they must consider the track record of the mutual fund and should takeobjective decisions. Next comes how to choose the scheme for investment from a number of schemes available. Theinvestors must read the offer document of the mutual fund scheme very carefully. They may alsolook into the past track record of performance of the scheme or other schemes of the same mutual
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vimalsharmanice

hi friend , this is so good document . i would like to download this but unfortunately it is not downloaded..please help me in making report by sending this document on this email id:- vimalsharmanice@gmail.com

reply05 / 07 / 2009
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