INDIA ( WITH REFERENCE TO GROWTH SCHEMES OF RELIANCE AND HDFC MUTUAL FUND A Project Report Submitted for the Partial Fulfillment of the Requirement for Award of the Degree of Master of Business Administration (MBA! "uru #ambeshwar $ni%ersit& of Science ' (echnolog&) *isar Super!"ed #y Su#$!tted %y Mr& R'()' *'!n A#)!")e+ *'!",'- (Pr./e"".r0 Enr.-$ent N.& 12134456723 Spe8!'-!9't!.n : F!n'n8e Se""!.n 7112;7144 D!re8t.r'te ./ D!"t'n8e Edu8't!.n Guru *'$#)e"),'r Un!er"!ty ./ S8!en8e < Te8)n.-.(y= H!"'r (Ind!'0 DIRECTORATE OF DISTANCE EDUCATION GURU *AM%HESHWAR UNIVERSITY OF SC& < TECH& HISAR FORMATE FOR RESUME OF SUPERVISOR>GUIDE
+ ,AM- . / D-S0",A(01, . 2 3$A40F05A(01, . 6 AR-A 1F SP-50A407A(01, . 8 -9P-R0,-5- . : 1FF050A4 ADDR-SS . ; (-4-P*1,- ,o . <<<<<<< ( off! <<<<<(Res! = M1B04- . > -?MA04 . 0 am willing to super%ise Mr@Ms <<<<<<<<<<<<<<<<< -nrollment ,o <<<<<<<<<<<<<<<<<<<<<<<<<< 1n the topic A<<<<<<<<<<<<<<<<<<<<<<<<<<<< <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< (Signature! with seal 5ountersigned b& Director of Stud& 5entre with S-A4 SYNOPSIS TITLE:; A COMPARATIVE STUDY OF MUTUAL FUND SCHEMES IN INDIA ( WITH REFERENCE TO GROWTH SCHEMES OF RELIANCE AND HDFC MUTUAL FUND! O%*ECTIVE OF THE STUDY :; (o Bnown the role of mutual fund in the de%elopment of 0ndian econom& (o Bnow the benefit of in%esting mone& in mutual funds (o Bnow the o%erall RisB ' Return profile for the past fi%e &ears of the selected Mutual fund (o find out which MF should pro%ide maCimum return at a minimum risB LITERATURE REVIEW:; Mutual fund is a mechanism for pooling the resources b& issuing units to the in%estors and in%esting funds in securities in accordance with objecti%es as disclosed in offer document A Mutual funds are as much about marBeting as in%esting in the +>>D)s which is wh& the hoar& clichE AMutual funds are sold) not boughtF is as true as e%er As "lorianne Stromberg once told 5anadian Business magaGine) the fund business ma& ha%e started out in the portfolio management business) but somewhere along the line) the marBeters got hold of it) and the ad%isor& function has been almost superseded b& the sales functionF ?#onathan 5he%reau) the Health& Boomer (he mutual funds normall& come out with a number of schemes with different in%estment objecti%es which are launched from time to time STATEMENT OF THE PRO%LEM :; (he literature re%iew re%ealed that none of the researchers has so for done the anal&sis of mutual funds scheme in 0ndia *ence) the present stud& is an attempt to e%aluate the growth scheme of mutual fund in 0ndia) the polic& adopted b& the fund manager and inherent risB taBing abilit& of the in%estor (he fund managers of these growth schemes adopted a conser%ati%e in%estment polic& and maintained a higher portfolio beta ' therefore) were successful in limiting losses in a rapidl& falling stocB marBet (he eCpected output of the stud& is to anal&se the performance of the mutual fund scheme in term of a%erage return DATA SOURCES < METHEDOLOGY:; Primar& ' secondar& data will be taBen ' beta will be calculated b& Sharpe indeC ) tre&nors indeC ' #ensenIs method RELEVANCE OF THE STUDY:; A Mutual Fund pro%ides funds for the operations of the stocB eCchange 0t also used as the taC sa%ing tools for indi%idual in%estors A comparati%e stud& of Mutual Fund pro%ides an idea about which fund is more profitable than other (he anal&sis was done to the scores and responses pro%ided b& the respondent (he responses and scores were tabled and added to calculate the o%erall scores and according to the gi%en scores then 0 had carried out the anal&sis 0 had taBen utmost care to maBe the research successful and fruitful (here are further chances of in depth stud& on the topic and elaborate anal&sis can be done (he anal&sis was done using simple tabulation Hhile doing anal&sis the following pie chart and other graphical techniques has been used ?ue"t!.nn'!re A COMPARATIVE STUDY OF MUTUAL FUND SCHEMES IN INDIA ( WITH REFERENCE TO GROWTH SCHEMES OF RELIANCE AND HDFC MUTUAL FUND! 4& W)'t +!nd ./ !ne"t$ent" y.u pre/er $."t@ P-"& t!8+ (A0& A-- 'pp-!8'#-e a Sa%ing account b FiCed deposits c 0nsurance d Mutual Fund e Post 1ffice?,S5)etc f Shares@Debentures g "old@Sil%er h Real -state i PPF j PF 7& W)!-e !ne"t!n( y.ur $.ney= ,)!8) /'8t.r y.u pre/er$."t@ Any .ne 4iquidit& 4ow RisB *igh Return 5ompan& reputation B& H'e y.u eer !ne"ted y.ur $.ney !n $utu'- /und@ Jes ,o I/ ye"= '0 W)ere d. y.u /!nd y.ur"e-/ '" ' $utu'- /und !ne"t.r@ (otall& ignorant K L Partial Bnowledge of mutual funds K L Aware onl& of an& specific scheme in which &ou in%ested K L Full& aware K L #0 In ,)!8) +!nd ./ $utu'- y.u ,.u-d -!+e t. !ne"t@ Public K L Pri%ate K L 80 )., d. y.u 8.$e t. +n., '#.ut Mutu'- Fund@ a Ad%ertisement b Peer "roup c BanBs d Financial Ad%isors d0 W)!8) $utu'- /und "8)e$e )'e y.u u"ed@ 1pen?ended 5lose?ended 4iquid fund Mid?5ap "rowth fund Regular 0ncome fund 4ong?5ap Sector fund I/ n.= a! I/ n.t !ne"ted !n Mutu'- Fund t)en ,)y@ ,ot aware of MF *igher risB ,ot an& specific reason 5& ,)!8) /e'ture ./ t)e $utu'- /und" '--ure y.u $."t@ Di%ersification K L Better return and safet& K L Reduction in risB and transaction cost K L Regular 0ncome K L (aC benefit K L C& In ,)!8) Mutu'- Fund y.u )'e !ne"ted@ P-e'"e t!8+ (A0& A-- 'pp-!8'#-e& a SB0MF b $(0 c *DF5 d Reliance e 05050 prudential funds f #M mutual fund g 1ther Specif& 3& W)en y.u !ne"t !n Mutu'- Fund" ,)!8) $.de ./ !ne"t$ent ,!-- y.u pre/er@ a 1ne (ime 0n%estment b S&stematic 0n%estment Plan (S0P! D& W)ere /r.$ y.u pur8)'"e $utu'- /und"@ Directl& from the AM5s K L BroBers onl& K L BroBers@ sub?broBers K L 1ther sources K L 6& W)!8) AMC ,!-- y.u pre/er t. !ne"t@ Assets Mangement 5o a SB0MF b $(0 c Reliance d *DF5 e MotaB f 05050 g #M finance 2& W)!8) "e8t.r 're y.u !ne"t!n( !n $utu'- /und "e8t.r@ a "enerel +st b 1il and petroleum c "old fund d Di%ersified equit& fund e Power sector f Debt fund g BanBing fund h Real -state fund 41& H., ,.u-d y.u -!+e t. re8e!e t)e return" eery ye'r@ a Di%idend pa&out b Di%idend re?in%estment c "rowth in ,AN 44 Per".n'- Det'!-": (a! ,ame.? (b! Add. ? 5ontact ,o.? (c! Age.? (d! 3ualification.? "raduation@P" $nder "raduate 1thers e! 1ccupation Pl ticB (O! "o%t Sec P%t Sec Business Agriculture 1thers (g! Hhat is &our monthl& famil& income approCimatel&P Pl ticB (O! $pto Rs+D)DDD Rs+D)DD+ to +8)DDD Rs+8DD+ to /D)DDD Rs/D)DD+ to 2D)DDD Rs2D)DD+ and abo%e REFERENCE ,5FM Stud& Material (AMF0 Mutual Fund "uide! -conomic (imes annual report on in%estments /DD2 1utlooB?Mone&) Februar& +8) /DD2) A Best Mutual Funds of /DD/F 0tIs all about Mone&) *one& ? A handbooB on Mutual Funds (B& 0ndiainfoline in association with BS-) Mumbai! 0ndiainfolinecom M&iriscom Mone&controlcom AMF0 (amfiindiacom! -conomictimescom -quit&mastercom Nalueresearchonlinecom C)'pter P-'n C)'pter: ; 4 INTRODUCTION C)'pter: ; 7 HISTORY OF MUTUAL FUND C)'pter: ; B STRUCTURE OF MUTUAL FUND C)'pter: ; 5 ANALYSIS OF MUTUAL FUND SCHEMES& C)'pter: ; C CONCLUSION < SUGGESTION