summer training project

report

“Performance evaluation of mutual fund for GLP advisor PVT LTD”

 Table of contents

 Company profile
 Introduction of the topic
 Objective of the study
 Research methodology
 Data analysis & interpretation
 findings
 Suggestion & conclusion
 Limitation
 Company profile
• Incorporation - 14th October 2015
• Authorized and paid up capital – Rs 100000
• Directors of GLP Advisor PVT LTD – Ratnesh Varshney & Monica Varshney

Accounting
Legal &
Book
keeping

Business
&
management GLP
Auditing

Market
research
Tax
consultancy
GLP Advisor is a perfect financial planner to help you with comprehensive plans for all your
life events. Dream big with us to achieve your long term financial goals. Viz.

 Children’s Education.
 Children’s Marriage.
 Building Retirement Corpus (or aiming for Early Retirement).
 Saving for Down payment – to buy a house on home loan.
 Setting up an emergency fund.
 Clearing the home loan as soon as possible.
 Clearing other loans.
 Foreign Trip (one time or every few years).
 Saving to start a family in few years.
 Contributing in sister/brother’s marriage.
 Car purchase.
 Introduction of the topic
Evaluation of mutual fund
first investment trust
Evaluation 1869
in 2nd half
of 19th
century
1930
Industrial
development
eststabilish by
premchand
roychand in
Bombay
1933
1931
1931
UTI
Establishme
nt
ICBEC
Phases of mutual fund industry
Phase-1st (1964-87)
Growth of UTI

Phase-2nd (1987-93) Phase-3rd (1993-96)

Entry of the public sec Emergence of Private
Banks Funds)

Phase-4th (1996-99) Phase-5th (1999-2004)

Growth & SEBI Phase-6th (from 2004
Emergence of large and
Regulation onwards) consolidation
uniform industry
of Growth
Objective of the study

The primary objective of the present study entitled “Performance evaluation of

mutual funds for GLP advisor pvt ltd” to understand the mutual fund industry & its
impact on the retail investors on one hand and its risk & return on the other. To be
specific following are the main objective of the present research study.
 To evaluate the performance of different mutual funds for GLP Advisor PVT
LTD.
 To know the significance difference gender preference of investment in mutual
funds.
 To study the find out association and types of mutual funds.
Research methodology
 Universe - Finite
 Research unit -
 Data Collection: -

1. Primary Data
 Questionnaire
 Interview

2. Secondary Data
 Internet
 Websites
 Money control
 Sample method - Random sampling
 Research Design - Exploratory
 Region - (Aligarh)
Data analysis & interpretation
 findings
From the above analysis we find out that..

 There is no significant difference between gender and preference of investments

because the significant level is less than 0.005.

 There is significant difference between age and aware of the mutual fund
investment, MF safe, return on MF, collection of MF information, taking advice
for investment decision, MF in tax saving, MF liquidity, MF is diversification of
portfolio, taking information in future, the significant level is0.465, 0.974, 0.794,
0.938, 0.816, 0.265, 0.816, 0.892, 0.794 which is greater than 0.05 So, the
alternative hypothesis is rejected and the null hypothesis is accepted.
 Conclusion
This study was conducted by keeping in the focal point Mutual fund awareness
amongst investors of the Aligarh city. This project gave a lot of corporate exposure,
through these project lots of learning about the different funds and corporate culture
was gained. It gave lot of information about the current scenario of financial market,
understanding in depth about the functioning of the different funds. Conclusion was
drawn that investors prefers to invest in fixed deposit & equity market rather than
investing in mutual fund.Newspaper is the major source for awareness of mutual fund
awareness in investors Aligarh city.
 Suggestion
 As per our primary research we can give suggestion to the mutual fund industry that
Mutual fund industry should try to make people understand regarding the risk element
associated with the instrument so that it will increase preference of mutual fund

 Mutual fund providing company should target on male investors from the age group of 35-
45and having government service, private job and business men.

 Mutual Fund companies should try to promote mutual fund awareness by more and more
campaigning and offers.

 Mutual Fund companies should try to target law income group by introducing more
schemes which require less amount of investment.

 Mutual Fund companies should promote the concept of online trading.

 Mutual Fund companies should target higher income group who are ready to take more
risk.

 Mutual Fund companies should target females as untapped market.

 Limitation of the study
Limitation Of Time Resources:
 The time provided was not sufficient to study and analyze the whole population.

 Limited Sample Size: For the purpose of study, sample size was selected. It is a
representative of population but may not provide accurate results.

 Limitation of Skills: As practical knowledge of this type was experienced first
time, there might be some flaws in the research.

 Prevalent Biases In The Respondents Replies: Respondents’ replies might be
biased and so it would affect the accuracy of results.