A Study on PERFORMANCE OF EQUITY DIVERSIFIED SCHEMES OF VARIOUS MUTUAL FUNDS IN INDIA.

Dissertation submitted in partial fulfillment of the requirements for the award of the Degree of Master of Business Administration Of Bangalore University

Submitted by ANISUR RAHMAN REG.NO- 11RWCMA012

Under the guidance of

MS. CHANDRKALA V T. JOHN COLLEGE BANGALORE

DEPT. OF MANAGEMENT STUDIES T. JOHN COLLEGE BANGALORE-560059 2012-13

STUDENTS DECLARATION

I ANISUR RAHMAN bearing register number 11RWCMA012 hereby declare that this Dissertation titled PERFORMANCE OF EQUITY DIVERSIFIED SCHEMES OF VARIOUS MUTUAL FUNDS IN INDIA is an original work carried out by me under the guidance of Ms. CHANDRAKALA V towards the partial fulfillment of requirements for the MBA programme of the Bangalore University. This has not been submitted earlier to any other University or Institution for the award of any degree/ diploma/ certificate.

Date: Place: Bangalore.

ANISUR RAHMAN 11RWCMA012 (Signature of Student)

CERTIFICATE BY GUIDE

This is to certify that the Dissertation titled PERFORMANCE OF EQUITY DIVERSIFIED SCHEMES OF VARIOUS MUTUAL FUNDS IN INDIA by ANISUR RAHMAN bearing the Reg. No. 11RWCMA012 has been prepared under my guidance and supervision. This work has been satisfactory and is recommended for consideration towards partial fulfillment for the award of MBA programme of the Bangalore University. This has not been submitted earlier to any other University or Institution for the award of any degree/ diploma/ certificate.

Date: Place: Bangalore

Ms. CHANDRAKAL V (Signature of Guide)

CERTIFICATE BY PRINCIPAL

This is to certify that the Dissertation titled PERFORMANCE OF EQUITY DIVERSIFIED SCHEMES OF VARIOUS MUTUAL FUNDS IN INDIA by IFTEKAR WAHID bearing the Reg. No. 08SLCM6028 has been prepared under the guidance of Ms. PRATIBHA M.R. This work has been satisfactory and is recommended for consideration towards partial fulfillment for the award of MBA programme of the Bangalore University. This has not been submitted earlier to any other University or Institution for the award of any degree/ diploma/ certificate.

Date: Place: Bangalore

Dr. A.K. BHAGATH (Signature of Principal)

College Seal

ACKNOWLEDGEMENT

The satisfaction that accompanies the successful completion of any task would be incomplete without the mention of the people who made it possible, whose constant guidance and encouragement made my efforts a success. I sincerely thank my project guide Ms. CHANDRAKALA V for her valuable advice, support and guidance throughout this project. I also take this opportunity to thank Ms. SHIKHA TIWARI, the Principal and Dr.LOGONATHAN, director of the Department and other faculty members for their support and co-operation. I sincerely thank our all finance faculties who spared their valuable time and gave me practical suggestions and guidance throughout this study. I am also deeply indebted to my friends and family members who are directly and indirectly involved in bringing out this project.

Place: Bangalore Date :

ANISUR RAHMAN

Executive Summary

The main aim of the investor is to minimize the risk involved in investment & maximize the return. Today there are number of options available to investor like Post Office investment, Bank Deposit, Stock Market, Insurance, Mutual Fund etc... Mutual fund is a growing investment now a day because of low cost & lack of time to look after their money. In this project let us see the different means of investment in mutual fund & how to analyze the risk of each mutual fund. This study is about a brief introduction to mutual funds, different types, the intermediaries involved, parties involved, regulatory bodies etc The contents in this project are made simple so as to make a layman understand the terms used in the field of mutual fund. The study was conducted for the period of 1 FINANCIAL YEAR i.e. (03-04-2012 TO 28-03-2013). The core area of this study focuses on risk & return analysis of mutual fund which tells an advisory about the risk level of each option in each fund. This project contains some elementary statistics which are used in calculation which help in drawing inferences. Mutual funds are truly a safer way to invest. They essentially are a pooling of small resources by individuals, handed over to a professional fund manager to invest in well diversified portfolio of securities such as money market instruments, corporate & govt. bonds, equity shares of joint stock companies based on the objectives of the scheme. Investors who invest in mutual funds are provided with units to participate in stock markets. These units are investment vehicle that provide a means of participation in the stock market for people who have neither the time, nor the money, nor perhaps the expertise to undertake the direct investment in equities. On the other hand they also provide a route into specialist markets where direct investment often demands both more time and more knowledge than an investor may possess.