Page 236 - DCOM507_STOCK_MARKET_OPERATIONS

Tanima Dutta, Lovely Professional University
Unit 12: Mutual Fund

Unit 12: Mutual Fund Notes

CONTENTS
Objectives

Introduction
12.1 History of Mutual Funds Industry in India
12.1.1 First Phase – 1964-1987
12.1.2 Second Phase – 1987-1993 (Entry of Public Sector Funds)
12.1.3 Third Phase – 1993-2003 (Entry of Private Sector Funds)

12.1.4 Fourth Phase – Since February 2003
12.2 Mutual Funds – Organization
12.2.1 Organization of Mutual Funds

12.2.2 Advantages of Investing in Mutual Funds
12.2.3 Drawbacks of Mutual Funds
12.3 Types of Mutual Fund Schemes
12.3.1 Grouping of Mutual Funds
12.4 Mutual Fund Companies in India

12.4.1 Types of Mutual Fund Schemes in India
12.5 Net Asset Value
12.6 Creation of a Portfolio

12.6.1 Portfolio Revision
12.7 Unit Linked Insurance Plans (ULIPs)
12.7.1 Working of ULIPs
12.7.2 Understand ULIPs
12.7.3 Consider Your Needs and Risk Profile while Choosing ULIPs

12.7.4 Compare and Choose ULIPs
12.8 Summary
12.9 Keywords

12.10 Review Questions
12.11 Further Readings

Objectives

After studying this unit, you will be able to:
 Explain the history of mutual funds industry in India
 Discuss the mutual funds – Organization
 Elaborate the investing in mutual funds, its advantages and demerits
 Discuss the Unit linked Insurance Plans (ULIPs)

LOVELY PROFESSIONAL UNIVERSITY 231