WHAT IS MUTUAL FUND ??

 It is a trust that pools the savings of a number of investors who share

a common financial goal.

 A diversified, professionally managed portfolio of securities that

pools the assets of individuals and organizations to invest toward
a common objective such as current income or long-term growth.

 According to SEBI Regulation 1996 : " It is a fund establishment in

the form of a trust to raise money through the sale of units to the
public or a section of the public under one or more schemes for
investing in securities, including money market instruments."
 HISTORY OF MUTUAL FUND IN INDIA

The mutual fund industry in India started in 1963 with the formation
of Unit Trust of India, at the initiative of the Government of India and
Reserve Bank of India.

 First Phase – 1964-87

 Second Phase – 1987-1993 (Entry of Public Sector Funds)

 Third Phase – 1993-2003 (Entry of Private Sector Funds)

 Fourth Phase – since February 2003 UTI Specified undertaking , UTI

Sponsors
 ADVANTAGES OF MUTUAL FUND

• Number of available options

• Diversification

• Professional Management

• Potential of Returns

• Liquidity

• Divisibility
 DISADVANTAGES OF MUTUAL FUND

• Fluctuating Returns

• Misleading Advertisements

• Evaluating Funds

• Over diversification

• Costs in the form of Shareholder’s fees and annual fund operating fees
 TYPES OF MUTUAL FUND

 Open Ended Funds

 Close Ended Funds

 Active Funds

 Passive Funds
 TYPES OF FUNDS

 DEBT FUNDS

 EQUITY FUNDS

 HYBRID FUNDS

 GOLD FUNDS

 REAL ESTATE FUNDS

 COMMODITY FUNDS
 MUTUAL FUND INVESTMENT PROCESS

 One time Investment ( Lump sum )

 Systematic Investment Plan ( SIP)

 Systematic Withdrawal Plan ( SWP)

 Systematic Transfer Plan ( STP)

 HOW MUTUAL FUNDS HELPS INVESTOR

• The investors investment depends on NAV

• Less the NAV, more the units gained by an investor

• More the NAV, less the units gained by an investor

 LIST OF AMC’S OPERATING

• SBI MUTUAL FUND

• TATA MUTUAL FUND
• HDFC MUTUAL FUND
• ICICI MUTUAL FUND
• DSP BLACKROCK FUND
• UTI MUTUAL FUND
• BNP PARIBAS MUTUAL FUND