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Introduction to SEBI

The Securities and Exchange Board of India (SEBI) is the regulatory authority in India established under Section 3 of SEBI Act, 1992. Any company when issue capital they are required to frame their proposal in conformity with the guidelines issued by SEBI(security and exchange board of India).SEBI was established in order to protect the investors.

Objectives of SEBI

To protect the interest of the investors in securities To promote the development of securities market To regulate the securities market For matters connected therewith or incidental thereto.

Functions of SEBI
Regulating the business in stock exchange and any other securities market Registering and regulating the workings of intermediaries associated with securities market Registering and regulating the working of collective investment schemes including mutual funds Promoting and regulating self-regulatory organizations Prohibiting fraudulent and unfair trade practices in the securities market

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Promoting investors education and training of intermediaries in securities market Prohibiting insiders trading in securities Regulating substantial acquisition of shares and take-over of companies Calling for information, undertaking inspection, conducting enquiries and audits of the stock exchanges, intermediaries and self-regulatory organizations in the securities market

DEFINITION OF PORTFOLIO MANAGEMENT


The process of managing the assets of a mutual fund, including choosing and monitoring appropriate investments and allocating funds accordingly.

MEANING
The art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance. Portfolio management is all about strengths, weaknesses, opportunities and threats in the choice of debt vs. equity, domestic vs. international

Objectives of Portfolio Management

Stable Current Return Marketability Tax Planning Appreciation In The Value Of Capital Liquidity Safety Of The Investment

SEBI Guidelines to Portfolio Management


The portfolio manager shall not guarantee any return to his client. Clients funds will be kept in a separate bank account. The portfolio manager shall act as trustee of clients funds. The portfolio manager can invest in money or capital market. Purchase and sale of securities will be at a prevailing market price.

UNDER REGULATION 14 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA


Disclosure Document Must Be Filed With The SEBI. Provide Essential Information To Clients Clients Should Carefully Read Entire Document All Intermediaries Involved In Providing The Portfolio
Management Services Are Registered With SEBI

Undertake Merchant Banking And Underwriting Activities.

Types of Risk
TYPES OF RISK IN PORTFOLIO MANAGEMENT

SYSTEMATIC RISK

UNSYSTEMATIC RISK

1.Market Risk Risk 2.Interest Rate Risk Risk 3.Inflation Rate Risk Risk

1.Business 2.Internal 3.Financial

CLIENT SERVICES & GRIEVANCE REDRESSAL


Details Of Client Complaints Officers Dispute Settlement Mechanism Client Grievance Redressal Mechanism

BENEFIT FROM PORTFOLIO MANAGEMENT SERVICE


An Investment Relationship Manager will ensure that you receive all the services related to your investment needs. A dedicated website and a customer services desk allows you to keep a tab on your portfolios performance. Your portfolio of investments in stock market is tailored after a thorough research backed by the expertise from the Kotak Securities Research team. An experienced team of portfolio managers ensure your portfolio is tracked, monitored and optimised at all times. The personalised services also translates into zero paper work and all your financial statements will be e-mailed.