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

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,

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