Case Study Of IDFC

SMC Group is one of the leading financial services and investment providers. It was founded in 1990 by Mr Subhash. C. Aggrawal , FCA and Mr Mahesh. C. Gupta, FCA. It has been rated as India’s best equity broker and best currency broker and best broking house with the largest distribution network.

investors. The primary strategy of this fund is to purchase stakes in public companies with the intention

After receiving approval of the whole concept in late 2014, Eaton Vance’s pipe dream of an mutual fund ETF has finally become a realty. A little over a year follow its approval, the first fund has final hit the market under the symbol EVSTC. Eaton Vance debuted its new asset with a momentous ringing of the Nasdaq opening bell. The exchange traded managed fund segment could help provide the next surge in the industry as multi-asset managed increasingly adopt ETFs. The first of these funds are exclusively available via Foliofn’s investment platform. Foliofn is the first broker dealer to distribute NextShares, rolling out to hem out to the robust catalog of advisors and consumers on Folio’s platform. The company’s innovative platform and pioneering technology made it possible for security to reach the market.

Mutual fund also offers good investment opportunities to the investors. Like all investment, they also carry certain risks. The investors should compare the risks and expected yields after adjustment of tax on various instruments while taking investment decisions. The Indian mutual fund industry has witnessed several structural and regulatory reforms.

ITC was established on the 24th August of 1910 under the name of Imperial Tobacco Company of India Limited. In the year 1970 name of the company was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited. In 1974, it was again changed as I.T.C Limited. The company has its own portfolios of wide range of business like Cigarettes and Cigars, FMCG (Fast moving consumer goods), Personal care, Education, Brand Apparel, Stationery Products, Incense Sticks and Safety Matches, Hotels, Paperboards & Specialty Papers, Packaging, Agri-Business and Information Technology. Since the year 2001, Company is known as ITC Limited with full stops in the company name were removed. ITC, (2015a).

In India the company has made significant volumes of investment in the form of capital or in the form of mergers with Indian banks. They have invested heavily in the banking sector and hold a strong position in the Indian market. “Macquarie SBI Infrastructure Fund (MSIF) and SBI Macquarie Infrastructure Trust (SMIT) have agreed to invest $150 million

The concept of mutual funds in India dates back to the year 1963. The era between 1963 and 1987 marked the existence of only one mutual fund Company in India with Rs. 67bn assets under management (AUM).by the end of its monopoly era. The Unit Trust of India (UTI), by the end of the 80s decade,

IMF stands for International Machinery Fund International Monetary Fund Indian Machinery Fund Indian Monetary Fund3. SEC means.. Securities & Exchange Commission Stock Exchange Commission Script Exchange Commission Special Exchange Commission4. NSE stands for National Stock Exchange National Script Exchange Network of Stock Exchange Non Stock Exchange5. NYSE is is acronym for New York Stock Exchange New York Scripts Exchange New York Special Exchange National York Securities Exchange6. NSDL stands for Network of Securities Depository Limited Network of Stocks Directory Listing National Stock Directory Limited National Securities Depository Limited7. ADR stands for All Depositary Receipt Asian Depositary Receipt African Depositary Receipt American Depositary Receipts8. In the context of Mutual Funds, SIP stands for.. Systematic Investment Plan Scheduled Interest Plan Specific Insurance Plan Special Income Plan9. In the context of Mutual Funds, ELSS means Endowment Linked Savings Scheme Equity Linked Savings Scheme Established Line Savings Scheme Entrepreneur Line Savings Scheme10. AMFI stands for Association of Mutual Funds in India Arbitrated Mutual Funds India Arbitrated Monetary Funds India Associated Mega Finance of India

Fund management is the professional management of various securities (shares, bonds etc.) to meet specified investment goals for the benefit of the investors. Fund management companies play an important part in the development of securities market. Since the establishment of VietFund Management, the first fund management company in Vietnam in 2003, until now, 38 fund managers have been granted operation licenses by SSC. Among them, FPT Fund Management Joint Stock Company has the highest chartered capital with 110 billion VND and Lotus IMC has lowest charter capital with 5 billion VND.

Barua and Verma (1991) provided empirical evidence of equity mutual fund performance in India. They studied the investment performance of India’s first 7year close-end equity mutual fund, Master share. They found that the fund performed satisfactory for large investor in terms of rate of return. Ippolito (1992) expressed that fund/scheme selection by investors is based on past performance of the funds and money flows into winning funds more rapidly than they flow out of losing funds. Sarkar and Majumdar (1995) evaluated financial performance of five close-ended growth funds for the period February 1991 to August 1993, concluded that the performance was below average in terms of alpha values (all negative and statistically not significant) and funds possessed high risk.

The concept of mutual funds in India dates back to the year 1963. The era between 1963 and 1987 marked the existence of only one mutual fund Company in India with Rs. 67bn assets under management (AUM).by the end of its monopoly era. The Unit Trust of India (UTI), by the end of the 80s decade,

In this process, Indian mutual funds have emerged as strong financial intermediaries and are playing a very important role in bringing stability to the financial system and efficiency to resource allocation Mutual funds have opened new vistas to investors and imparted much-needed liquidity to the system.

To Study the Investors Behaviour towards Mutual Fund in surat city” is the bonafide work of Mr. Atmiya J. Patel (Enrollment No.148050592045), who has carried out the research under my supervision. I also certify further, that to the best of my knowledge the work reported herein does not form part of

ITC Limited is an Indian public conglomerate company (25.4% owned by British corporation, British American Tobacco) headquartered in Kolkata, West Bengal, India. Its diversified business includes four segments: Fast Moving Consumer Goods (FMCG), Hotels, Paperboards, Paper & Packaging and Agri Business. ITC's annual turnover stood at $7 billion and market capitalization of over $34 billion. The company has its registered office in Kolkata. It started off as the Imperial Tobacco Company, and shares ancestry with Imperial Tobacco of the United Kingdom, but it is now fully independent, and was rechristened to India Tobacco Company in 1970 and then to I.T.C. Limited in 1974. It employs over 29,000 people at more than 60 locations across India and is listed on Forbes 2000. ITC Limited completed 100 years on 24 August 2010.

LIC MF has been recognized under Section 10 (230) of the Income Tax Act, 1961 vide Gazette S.O. 477 (E), Part II, Section-3, Sub-Section (II) dated June 22, 1989. LIC sponsored the LIC MF. The trust deed was executed by LIC as a settler. It contributed Rs. 2 crores in which it shall have no beneficial interest. It created a Board of Trustees. In terms of SEBI (Mutual Fund) Regulations, 1993, an Asset Management Company (AMC) called the Jeevan Bima Sahyog Asset Management Company Limited, with an authorized capital of Rs. 5 crores was formed on 20th April, 1994. It has separate Board of Directors.