Mutual Funds & Insurance

Paper Code: 
BIE 232
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

TO acquaint the students with the mutual funds and insurance

18.00

Concept And Role Of Mutual Funds
Concept of a Mutual Fund; Advantages ,Evolution of Mutual Funds in India - Size of Industry, Growth Trends, Role of Mutual Funds in Financial Markets

18.00

Types of Mutual Funds
Open-end Funds/Closed-end Funds, Tax Exempt/Non Tax Exempt Funds, Exchange Traded Funds, Fund of Funds
Money Market/Liquid Funds, Equity Funds, Debt Funds, Hybrid Funds,

18.00

Organisation and regulation of Mutual Funds
Asset Management Company, Trustees/Trust Companies
Fund Sponsors
Role of regulators in India
SEBI, Stock Exchanges, Role of AMFI, Investor Associations
Rights and Obligations of the Investor

General principles of Insurance: Essentials of insurance contracts- Distinction between General Law of contract and Insurance contract; Life and indemnity Contract.
Double Insurance: Meaning, Features,
Reinsurance: Characteristics of Reinsurance ,Types of Reinsurance. Reinsurance Vs. Double insurance, Essentials of reinsurance

Risk: Meaning , Definition of Risk, Classification of risk

Hazards and Perils in Insurance: Meaning and Classification .Perils vs. hazards.

Methods of handling risk: Avoidance, Risk Reduction , Risk retention, Risk transfer ,combination, Hedging method.

Requirements of an Insurable risk

Essential Readings: 
  • Sadhak.H., Mutual Fund in India: Marketing Strategies and Investment Practices, Response Publication, New Delhi.
  • National Stock Exchange of India Ltd, Mutual Fund Basic and Advisors Module.
  • Pathak Bharti V., Indian Financial System, Pearson Education, New Delhi.
References: 
  • Jha R.N.,Insurance in India, Bharat book Buereau, Mumbai.
  • Rajda George, Principles of Risk Management and Insurance, Pearson Education, New Delhi.
Academic Year: 
2016-2017
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