Coming soon
MUTUAL FUNDS
This course will enable the student to understand the concept of mutual funds, to know about the roles of different players, and to understand the fundamentals of net asset value (NAV) computation and various investment plans.
|
Course
|
Learning outcome (at course level) |
Learning and Teaching Strategies |
Assessment Strategies |
|
|
Course Code
|
Course Title |
|||
|
SBFS302 |
Microecon Mutual Funds (Theory)
|
|
Approach in teaching: Blended Learning, Collaborative approach, Interactive Lectures, Discussion, Group Projects, PowerPoint presentation.
Learning activities for the students: Self-learning assignments, Seminar presentations, Case Study Analysis, Brainstorming activities
|
Class tests, CA Test, Semester end examinations, Quiz, Evaluation of student Presentations,
Evaluation of Individual and group projects,
Assessment of Project Reports and viva voce. |
Concept and Role of a Mutual Fund- (12 Hours)
• Concept of a mutual fund,
• Classification of Mutual Funds,
• Organisation of Mutual Funds,
• Advantages and limitations of mutual fund
Fund Structure and Constituents – (12 Hours)
• Legal structure of mutual funds in India,
• Role of Trustee,
• Sponsor and AMC, Other Service Providers and their functions
Legal and Regulatory Environment – (12 Hours)
• Role of the regulators in Mutual Fund Industry,
• Know the salient features of the AMFI Code of Ethics and AMFI Guidelines & Norms for Intermediaries (AGNI) ,
• Know the Investor rights and obligations.
: Offer Document- (12 Hours)
• Know the process of New Fund Offer (NFO),
• Know the Investment Objective Policy and Strategy,
• Know the regulatory aspects of an offer document ,
• Know the salient features of Scheme Information Document (SID),
• Statement of Additional Information (SAI) and Key Information Memorandum (KIM).
Fund Distribution and Sales Practices-
• Know the various distribution channels for mutual funds,
• the pre-requisites for becoming a mutual fund distributor,
• the elements covered in an agreement between a distributor and a mutual fund,
• the sales practices and commission structure
Mutual Fund Products- (12 Hours)
• Product features of diversified equity schemes,
• fixed maturity plans and index schemes, Gold ETFs,
• Concept of entry and exit load; Expense ratio.
• Computation of NAV.
• Debt Funds, Liquid Funds, Different types of plans; Systematic Investment Plan (SIP); Systematic Transfer Plan (STP) and Systematic Withdrawal Plan (SWP); Dividend payout.
• Concept of entry and exit load; Expense ratio; Portfolio turnover; AUM;
• Analysis of cash level in the portfolio.
• Features of SEBI regulations on Risk disclosures and Return presentations
1. Pathak Bharti V., Indian Financial System, Pearson Education, New Delhi.
2. Gorden, Natrajan,Financial markets and services,Himalya Publishing House.
3. Mutual fund poroducts and services,IIBF module,Taxman Publications
Suggested Readings:
1. Sadhak.H., Mutual Fund in India: Marketing Strategies and Investment Practices, Response Publication, New Delhi.
2. National Stock Exchange of India Ltd, Mutual Fund Basic and Advisors Module.
3. N. J .Yasaswy , Personal Investment & Taxation, Year book, Y 2011-12 , ICFAI
4. NCFM and NISM Modules
e-Resources:
1. Investments (SIE), https://www.expresslibrary.mheducation.com/bookshelf Workbook for NISM Mutual fund products and services, Indian Institute of banking and Finance
2. Journal of Market Finance, http:// sagepub.com International Journal of Business Economics and Management Research.
