“A STUDY ON MUTUAL FUND AS AN INVESTMENT OPTION”

A project submitted to

University of Mumbai for partial completion of degree of

Bachelor of Management Studies

Under the Faculty of Commerce

By

MISS SRUSHTII PRADEEP CHAUDHARI

ROLL NO 17

Under the guidance

Of

ASST. PROF. NITIN PAGI SIR

K.G. Joshi College of Arts & N.G. Bedekar College of Commerce (Autonomous)

Chendani Bunder Road

Thane, Maharashtra 400601

2022 – 23
 A

RESEARCH PROJECT ON

A STUDY ON MUTUAL FUND AS AN INVESTMENT OPTION

SUBMITTED BY SRUSHTI PRADEEP CHAUDHARI

FOR THE DREGREE TY BMS (FINANCE)

ACADEMIC YEAR 2022-23

SEMESTER – VI ROLL NO 17 PRN 2020300703

UNDER THE GUIDANCE OF MS NITIN PAGI SIR (M.COM, CS,NET)

SUBMITTED TO UNIVERSITY OF MUMBAI

K.G JOSHI COLLEGE OF ARTS &

N.G BEDEKAR COLLEGE OF COMMERCE,

CHENDANI BUNDER ROAD, THANE WEST - 400601

DECLARATION

I the undersigned Miss SRUSHTI PRADEEP CHAUDHARI here by, declare that the work
embodied in this project work titled “A study of mutual funds as an investment option”,
forms my own contribution to the research work carriedout under the guidance of (Ms.) NITIN
PAGI SIR M, COM, CS, NET, is a result of my own research work and has not been previously
submitted to any other University for any other Degree/ Diploma to this or any other University.

Wherever reference has been made to previous works of others, it has beenclearly indicated as
such and included in the bibliography.

I, here by further declare that all information of this document has beenobtained and presented
in accordance with academic rules and ethical conduct.

Name and Signature of the learner

Certified by

Name and signature of the Guiding Teacher

ACKNOWLEDGEMENT

To list who all have helped me is difficult because they are so numerous andthe depth is so
enormous.

I would like to acknowledge the following as being idealistic channels andfresh dimensions in
the completion of this project.

I take this opportunity to thank the University of Mumbai for giving me chance to do this
project.

I would like to thank my principal, Dr. (Mrs.) Suchitra Naik MA’AM for providing the
necessary facilities required for completion of this project.

I take this opportunity to thank our Coordinator (MS) NITIN PAGI SIR, for his moral support
and guidance.

I would also like to express my sincere gratitude towards my project guide (MS) NITIN PAGI
SIR (M.COM, CS, NET) whose guidance and care made the project successful.

I would also like to express my sincere gratitude Mr. PREM MANGTANI SIR (CFP),
Founder PM INVESTMENT. Who spares his valuable time for guidance and give his data to
make my survey successful.

I would like to thank my College Library, for having provided variousreference books and
magazines related to my project.

Lastly, I would like to thank each and every person who directly or indirectly helped me in the
completion of the project especially my Parentsand Peers who supported me throughout my
project.
SR.NO CHAPTERS PAGE NO

1 INTRODUCTION 1

2 RESEARCH METHODOLOGY 35

3 REVIEW OF LITERATURE 43

4 DATA INTERPRETATION 44

CONCLUSION, RECOMMENDATION
SUGGESTION HYPOTHESIS, FUTURE SCOPE
5 67
OF MUTUAL FUND AND FACTS OF MUTUAL
FUND INDUSTRY

6 BIBLIOGRAPHY AND WEBILOGRAPHY 75

7 ANNEXURE 76
LIST OF FIGURES

PAGE
SR NO FIGURES
NO.

1 Historical background of mutual funds 9

2 Operational funds of mutual funds 14

3 Parties involved in mutual funds 15

4 Age group of sample size 44

5 Occupation profile of sample size 45

6 Importance of liquidity 46

7 Importance of higher returns 47

8 Investment in mutual funds of sample size 48

9 Mutual equity fund 49

10 Mutual debt fund 50

11 Years of investment of sample size 51

12 Frequency of investment in sample size 52

13 Purpose of investment of sample size 53

14 Increase in savings of sample size 54

15 Degree of risk of sample size 55

16 Satisfaction of returns of sample size 56

17 Reliable investment option 57

18 Continuation of mutual funds 58