Mutual Funds & Insurance

Paper Code: 
BIE-232
Credits: 
3
Contact Hours: 
90.00
Max. Marks: 
100.00
18.00
Unit I: 
UNIT I

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
Unit II: 
UNIT II

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
Unit III: 
UNIT III

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

18.00
Unit IV: 
UNIT IV

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

18.00
Unit V: 
UNIT V

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.
• Jha R.N.,Insurance in India, Bharat book Buereau, Mumbai.
• Rajda George, Principles of Risk Management and Insurance, Pearson Education, New Delhi.

Academic Year: 
2014-2015
  • Printer-friendly version
  • PDF version