INTRODUCTION

INTRODUCTION
A Systematic Investment Plan (SIP) is a vehicle offered by mutual funds to help
you save regularly.It is just like a recurring deposit with the post office or bank
where you put in a small amount every month. The difference here is that the
amount is invested in a mutual fund.
The minimum amount to be invested can be as small as Rs 100 and the frequency
of investment is usually monthly or quarterly.
An SIP allows you to take part in the stock market without trying to second-guess
its movements.
An SIP means you commit yourself to investing a fixed amount every month. Let's
say it is Rs 1,000. When the NAV is high, you will get fewer units. When it drops,
you will get more units. { NAV : Net Asset Value , or the price of one unit of a
fund. Can be computed as follows : NAV = [ market value of all the investments
in the fund + current assets + deposits - liabilities ] divided by the number of units
outstanding.}
Date
Jan 1
Feb 1
Mar 1
Apr 1
May 1
Jun 1

NAV

Approx number of units

10
10.5
11
9.5
9
11.5

you will get at Rs. 1000

100
95.23
90.90
105.26
111.11
86.95

Within six months, you would have 5,89.45 units by investing just Rs 1,000 every
month.
SIP SCORE

It makes you disciplined in your savings. Every month you are forced to keep
aside a fixed amount. This could either be debited directly from your account or
you could give the mutual fund post-dated cheques.
As you see above, it helps you make money over the long term. Since you get
more units when the NAV drops and fewer when it rises, the cost averages out
over time. So you tide over all the ups and downs of the market without any
drastic losses.
Also, a number of mutual funds do not charge an entry load if you opt for an SIP.
This fee is a percentage of the amount you are investing. And if you do not exit
(sell your units) within a year of buying the units, you do not have to pay an exit
load (same as an entry load, except this is charged when you sell your units).
If, however, you do sell your units within a year, you would be charged an exit
load. So it pays to stay invested for the long-run.
The best way to enter a mutual fund is via an SIP. But to get the benefit of an SIP,
think of at least a three-year time frame when you won't touch your money.
Of course you would lose money if your units lost value over time.
There are two ways in which you can invest in a mutual fund.
1. A one-time outright payment
If you invest directly in the fund, you just hand over the cheque and you get your
fund units depending on the value of the units on that particular day.

Let's say you want to invest Rs 10,000. All you have to do is approach the fund
and buy units worth Rs 10,000. There will be two factors determining how many
units you get.
Entry load
This is the fee you pay on the amount you invest. Let's say the entry load is 2%.
Two percent on Rs 10,000* would Rs 200. Now, you have just Rs 9,800 to invest.
NAV
The Net Asset Value is the price of a unit of a fund. Let's say that the NAV on the
day you invest is Rs 30.
So you will get 326.67 units (Rs 9800 / 30).
2. Periodic investments
This is referred to as a SIP.
That means that, every month, you commit to investing, say, Rs 1,000 in your
fund. At the end of a year, you would have invested Rs 12,000 in your fund.
Let's say the NAV on the day you invest in the first month is Rs 20; you will get
50 units.
The next month, the NAV is Rs 25. You will get 40 units.
The following month, the NAV is Rs 18. You will get 55.56 units.
So, after three months, you would have 145.56 units. On an average, you would
have paid around Rs 21 per unit. This is because, when the NAV is high, you get
fewer units per Rs 1,000. When the NAV falls, you get more units per Rs 1,000.

How to invest in a mutual fund

Load in Funds
An exit load is a fee you pay the fund when you sell the units, just like the entry
load is a fee you pay when you buy the units.
Initially, funds never charged an entry load on SIPs. Now, however, a number of
them do.
You will also have the check if there is an exit load. Generally, though, there is
none. Also, if there is an entry load, an exit load will not be charged.
An exit load may be charged if you stop the SIP mid-way. Let's say you have a
one-year SIP but discontinue after five months, then an exit load will be levied.
These conditions will wary between mutual funds.
MINIMUM INVESTMENT AMOUNT IN SIP
If you do a one time investment, the minimum amount that you have to invest is
Rs 5,000.
If you invest via an SIP, the amount drops. Each fund has their own minimum
amount. Some may keep it at least Rs 500 per month, others may keep it as Rs
1,000.
Cool funds for a hot market
INVESTMENT PERIOD AND TIME TO INVEST
It would depend on the fund.
Some insist the SIP must be done every month. Others give you the option of
investing once in three months or once in six months.
They also give fixed dates. So you will get the option of various dates and you will
have to choose one. Let's say you are presented with these dates: 1, 10, 20 or 30.
You can pick any one date.
5

If you pick the 10th of the month, then on that day, the amount you have decided
to invest in the fund has to be credited to your mutual fund.
METHOD OF PAYMENT
You can opt for the Electronic Clearance Service from your bank; this means the
mutual fund will, as per your instructions, debit a certain amount from your
account every month.
Let's say you have a SIP of Rs 1,000 every month and you have chosen to invest in
it on the 10th of every month. Under this option, you can instruct your mutual
fund to directly debit your bank account of Rs 1,000 on the due date.
If you don't have the required money in your account, then for that month, no units
will be allocated to you. But, if this continues periodically, the mutual fund will
discontinue the SIP. You need to check with each mutual fund what their
parameters are.
Alternately, you can give cheques to your mutual fund. In this case, they may ask
for five Post Dated Cheques upfront with your first investment.
Since these cheques are dated ahead of time, they cannot be processed till the date
indicated.
The importance of choosing the right funds
PERIOD OF SIP
Yes. You will have to state whether you want it for a year or two years, etc. If,
during the course of this period, you realise you cannot continue with the SIP, all
you have to do is inform the fund 15 days prior to the payout.

The SIP will be discontinued. You can continue to keep your money with the fund
and withdraw it when you want.
FUNDS WHICH ARE SIP
No. Liquid funds, cash funds and floating rate debt funds do not offer an SIP.
These are funds that invest in very short-term fixed-return investments. Floating
rate debt funds invest in fixed return investments where the interest rate moves in
tandem with interest rates in the economy (just like a floating rate home loan).
All types of equity funds (funds that invest in the shares of companies), debt funds
(funds that invest in fixed-return investments) and balanced funds (funds that
invest in both) offer a SIP.
TAX IMPLICATIONS
Let's say you have invested in the SIP option of a diversified equity fund.
If you sell the units after a year of buying, you pay no capital gains tax. If you sell
if before a year, you pay capital gains tax of 10%.
Let's say you invest through a SIP for 12 months: January to December 2009.
Now, in February 2010, you want to sell some units.
CAPITAL GAINS TAX IN MUTUAL FUNDS
The system of first-in, first-out applies here. So, the amount you invest in January
2009 and the units you bought with that money, will be regarded as the units you
sell in February 2010.
For tax purposes, the units that you sell first will be considered as the first units
bought.

HOW WILL AN SIP HELP?

When you buy the units of a fund, you may do so when the NAV is really high.
For instance, let's say you bought the units of a fund when the bull run was at its
peak, leading to a high NAV.
If the market dips after that, the value of your investments falls and you may have
to wait for a long while to make a return on your investment. But, if you invest via
a SIP, you do not commit the error of buying units when the market is at its peak.
Since you are buying small amounts continuously, your investment will average
out over a period of time.
You will end up buying some units at a high cost and some units a lower price.
Over time, your chances of making a profit are much higher when compared to an
one-time investment.

BENEFITS OF SYSTEMATIC INVESTMENT PLAN

Power of compounding: The power of compounding underlines the essence
of making money work if only invested at an early age. The longer one
delays in investing, the greater the financial burden to meet desired goals.
Saving a small sum of money regularly at an early age makes money work
with greater power of compounding with significant impact on wealth
accumulation.
Rupee cost averaging: Timing the market consistency is a difficult task.
Rupee cost averaging is an automatic market timing mechanism that
eliminates the need to time one's investments. Here one need not worry
about where share prices or interest are headed as investment of a regular
sum is done at regular intervals; with fewer units being bought in a
declining market and more units in a rising market. Although SIP does not
guarantee profit, it can go a long way in minimizing the effects of investing
in volatile markets.
Convenience: SIP can be operated by simply providing post dated cheques
with the completed enrolment form or give ECS instructions. The cheques
can be banked on the specified dates and the units credited into the
investor's account. The SIP facility is available in the Principal Income
Fund, Monthly Income Plan, Child Benefit Fund, Balanced Fund, Index
Fund, Growth Fund, Equity fund and Tax Savings Fund.

SIP features :
Disciplined investing is vital to earning good returns over a longer time frame.
Investors are saved the bother of identifying the ideal entry and exit points from
volatile markets. SIP options such as equity, debt and balanced schemes offer a
range of investment plans. While there is no entry load on SIP, investors face an
exit load if the units are redeemed within a stipulated time frame. The success of
your SIP hinges on the performance of your selected scheme.

10

MUTUAL FUND CONCEPT

A Mutual Fund is a trust that pools the savings of a number of investors who share
a common financial goal. The money thus collected is then invested in capital
market instruments such as shares, debentures and other securities. The income
earned through these investments and the capital appreciation realized are shared
by its unit holders in proportion to the number of units owned by them. Thus a
Mutual Fund is the most suitable investment for the common man as it offers an
opportunity to invest in a diversified, professionally managed basket of securities
at a relatively low cost. The flow chart below describes broadly the working of a
mutual fund:

Mutual Fund Operation Flow Chart

11

ORGANISATION OF A MUTUAL FUND

There are many entities involved and the diagram below illustrates the
organizational set up of a mutual fund:

Organization of a Mutual Fund

ADVANTAGES OF MUTUAL FUNDS
The advantages of investing in a Mutual Fund are:
Professional Management
Diversification
Convenient Administration
Return Potential
Low Costs
Liquidity
Transparency
Flexibility
Choice of schemes
Tax benefits
Well regulated
12

FREQUENTLY USED TERMINOLOGY

Net Asset Value (NAV)
Net Asset Value is the market value of the assets of the scheme minus its
liabilities. The per unit NAV is the net asset value of the scheme divided by
the number of units outstanding on the Valuation Date.
Sale Price
Is the price you pay when you invest in a scheme. Also called Offer Price.
It may include a sales load.
Repurchase Price
Is the price at which a close-ended scheme repurchases its units and it may
include a back-end load. This is also called Bid Price.
Redemption Price
Is the price at which open-ended schemes repurchase their units and closeended schemes redeem their units on maturity. Such prices are NAV
related.
Sales Load
Is a charge collected by a scheme when it sells the units. Also called,
Front-end load. Schemes that do not charge a load are called No Load
schemes.
Repurchase or Back-end Load
Is a charge collected by a scheme when it buys back the units from the unit
holders.

13

Schemes according to Maturity Period:

A mutual fund scheme can be classified into open-ended scheme or close-ended
scheme depending on its maturity period.
An open-ended fund or scheme is one that is available for subscription and
repurchase on a continuous basis. These schemes do not have a fixed maturity
period. Investors can conveniently buy and sell units at Net Asset Value (NAV)
related prices which are declared on a daily basis. The key feature of open-end
schemes is liquidity.
A close-ended fund or scheme has a stipulated maturity period e.g. 5-7 years. The
fund is open for subscription only during a specified period at the time of launch
of the scheme. Investors can invest in the scheme at the time of the initial public
issue and thereafter they can buy or sell the units of the scheme on the stock
exchanges where the units are listed. In order to provide an exit route to the
investors, some close-ended funds give an option of selling back the units to the
mutual fund through periodic repurchase at NAV related prices. SEBI Regulations
stipulate that at least one of the two exit routes is provided to the investor i.e.
either repurchase facility or through listing on stock exchanges. These mutual
funds schemes disclose NAV generally on weekly basis.

14

TYPES OF MUTUAL FUND SCHEMES

Wide variety of Mutual Fund Schemes exist to cater to the needs such as financial
position, risk tolerance and return expectations etc. The table below gives an
overview into the existing types of schemes in the Industry.

Schemes according to Investment Objective:

A scheme can also be classified as growth scheme, income scheme, or balanced
scheme considering its investment objective. Such schemes may be open-ended or
close-ended schemes as described earlier. Such schemes may be classified mainly
as follows:
Growth / Equity Oriented Scheme
The aim of growth funds is to provide capital appreciation over the medium to
long- term. Such schemes normally invest a major part of their corpus in equities.

15

Such funds have comparatively high risks. These schemes provide different
options to the investors like dividend option, capital appreciation, etc. and the
investors may choose an option depending on their preferences. The investors
must indicate the option in the application form. The mutual funds also allow the
investors to change the options at a later date. Growth schemes are good for
investors having a long-term outlook seeking appreciation over a period of time.
Income / Debt Oriented Scheme
The aim of income funds is to provide regular and steady income to investors.
Such schemes generally invest in fixed income securities such as bonds, corporate
debentures, Government securities and money market instruments. Such funds are
less risky compared to equity schemes. These funds are not affected because of
fluctuations in equity markets. However, opportunities of capital appreciation are
also limited in such funds. The NAVs of such funds are affected because of
change in interest rates in the country. If the interest rates fall, NAVs of such
funds are likely to increase in the short run and vice versa. However, long term
investors may not bother about these fluctuations.
Balanced Fund
The aim of balanced funds is to provide both growth and regular income as such
schemes invest both in equities and fixed income securities in the proportion
indicated in their offer documents. These are appropriate for investors looking for
moderate growth. They generally invest 40-60% in equity and debt instruments.
These funds are also affected because of fluctuations in share prices in the stock
markets. However, NAVs of such funds are likely to be less volatile compared to
pure equity funds.

16

Money Market or Liquid Fund

These funds are also income funds and their aim is to provide easy liquidity,
preservation of capital and moderate income. These schemes invest exclusively in
safer short-term instruments such as treasury bills, certificates of deposit,
commercial paper and inter-bank call money, government securities, etc. Returns
on these schemes fluctuate much less compared to other funds. These funds are
appropriate for corporate and individual investors as a means to park their surplus
funds for short periods.
Gilt Fund
These funds invest exclusively in government securities. Government securities
have no default risk. NAVs of these schemes also fluctuate due to change in
interest rates and other economic factors as is the case with income or debt
oriented schemes.
Index Funds
Index Funds replicate the portfolio of a particular index such as the BSE Sensitive
index, S&P NSE 50 index (Nifty), etc these schemes invest in the securities in the
same weightage comprising of an index. NAVs of such schemes would rise or fall
in accordance with the rise or fall in the index, though not exactly by the same
percentage due to some factors known as "tracking error" in technical terms.
Necessary disclosures in this regard are made in the offer document of the mutual
fund scheme. There are also exchange traded index funds launched by the mutual
funds which are traded on the stock exchanges.
What are sector specific funds/schemes?
These are the funds/schemes which invest in the securities of only those sectors or
industries as specified in the offer documents. e.g. Pharmaceuticals, Software, Fast
Moving Consumer Goods (FMCG), Petroleum stocks, etc. The returns in these
funds are dependent on the performance of the respective sectors/industries. While
17

these funds may give higher returns, they are more risky compared to diversified
funds. Investors need to keep a watch on the performance of those
sectors/industries and must exit at an appropriate time. They may also seek advice
of an expert.

18

PROFILE OF THE
ORGANIZATIONS

19

COMPANY PROFILE

SBI Funds Management Ltd. is the investment manager of SBI Mutual Fund. SBI
Mutual Fund has been constituted as a trust, sponsored by State Bank India. Today
the Fund has an investor base of over 2.8 million spread over 23 schemes. With a
large network of collecting branches and investor service centres, SBI Mutual
Fund constantly endeavors to get closer to its growing family of investors. SBI is
the largest public sector Bank in India with 8,836 branches all over India. SBI is
the leader in providing loans to trade & industry. It also provides related services,
which generate significant fee-based income. It has also identified project finance
and consumer banking as key areas.

SBI Mutual Fund is Indias largest bank sponsored mutual fund and has an
enviable track record in judicious investments and consistent wealth creation.
The fund traces its lineage to SBI - Indias largest banking enterprise. The
institution has grown immensely since its inception and today it is India's largest
bank, patronised by over 80% of the top corporate houses of the country.
SBI Mutual Fund is a joint venture between the State Bank of India and Socit
Gnrale Asset Management, one of the worlds leading fund management
companies that manages over US$ 500 Billion worldwide.
In twenty years of operation, the fund has launched 38 schemes and successfully
redeemed fifteen of them. In the process it has rewarded its investors handsomely
with consistently high returns.

20

A total of over 4.6 million investors have reposed their faith in the wealth
generation expertise of the Mutual Fund.
Schemes of the Mutual fund have consistently outperformed benchmark indices
and have emerged as the preferred investment for millions of investors and HNIs.
Today, the fund manages over Rs. 28500 crores of assets and has a diverse profile
of investors actively parking their investments across 36 active schemes.
The fund serves this vast family of investors by reaching out to them through
network of over 130 points of acceptance, 28 investor service centers, 46 investor
service desks and 56 district organisers.
SBI Mutual is the first bank-sponsored fund to launch an offshore fund
Resurgent India Opportunities Fund .
Growth through innovation and stable investment policies is the SBI MF credo.

21

SBI MAGNUM EQUITY BASED SCHEMES

The investments of these schemes will predominantly be in the stock
markets and endeavor will be to provide investors the opportunity to benefit
from the higher returns which stock markets can provide. However they are
also exposed to the volatility and attendant risks of stock markets and hence
should be chosen only by such investors who have high risk taking
capacities and are willing to think long term. Equity Funds include
diversified Equity Funds, Sectoral Funds and Index Funds. Diversified
Equity Funds invest in various stocks across different sectors while sectoral
funds which are specialized Equity Funds restrict their investments only to
shares of a particular sector and hence, are riskier than Diversified Equity
Funds. Index Funds invest passively only in the stocks of a particular index
and the performance of such funds move with the movements of the index.
Magnum COMMA Fund
Magnum Equity Fund
Magnum Global Fund
Magnum Index Fund
Magnum MidCap Fund
Magnum Multicap Fund
Magnum Multiplier Plus 1993
Magnum Sector Funds Umbrella
o MSFU - FMCG Fund
o MSFU - Emerging Businesses Fund
o MSFU - IT Fund
o MSFU - Pharma Fund
SBI Arbitrage Opportunities Fund
SBI Blue chip Fund

22

 SBI Infrastructure Fund - Series I

23

DEBT FUNDS
Debt Funds invest only in debt instruments such as Corporate Bonds, Government
Securities and Money Market instruments either completely avoiding any
investments in the stock markets as in Income Funds or Gilt Funds or having a
small exposure to equities as in Monthly Income Plans or Children's Plan. Hence
they are safer than equity funds. At the same time the expected returns from debt
funds would be lower. Such investments are advisable for the risk-averse investor
and as a part of the investment portfolio for other investors.
Magnum Children`s Benefit Plan
Magnum Gilt Fund
Magnum Gilt Fund (Long Term)
Magnum Gilt Fund (Short Term)
Magnum Income Fund
Magnum Income Plus Fund
Magnum Income Plus Fund (Saving Plan)
Magnum Income Plus Fund (Investment Plan)
Magnum Insta Cash Fund
Magnum InstaCash Fund -Liquid Floater Plan
Magnum Institutional Income Fund
Magnum Monthly Income Plan
Magnum Monthly Income Plan Floater
Magnum NRI Investment Fund
SBI Capital Protection Oriented Fund - Series I
SBI Debt Fund Series
SDFS 15 Months Fund
SDFS 90 Days Fund
24

 SDFS 13 Months Fund

SDFS 18 Months Fund
SDFS 24 Months Fund
SDFS 30 DAYS
SDFS 30 DAYS
SDFS 60 Days Fund
SDFS 180 Days Fund
SDFS 30 DAYS
SBI Premier Liquid Fund
SBI Short Horizon Fund
SBI Short Horizon Fund - Liquid Plus Fund
SBI Short Horizon Fund - Short Term Fund
BALANCED FUNDS
Magnum Balanced Fund invest in a mix of equity and debt investments. Hence
they are less risky than equity funds, but at the same time provide commensurately
lower returns. They provide a good investment opportunity to investors who do
not wish to be completely exposed to equity markets, but is looking for higher
returns than those provided by debt funds.
Magnum Balanced Fund
Magnum NRI Investment Fund - FlexiAsset Plan

25

COMPANY PROFILE OF
ESCORTS MUTUAL FUNDS
Escorts Mutual Fund is the premier Asset Management Company offering
Investment products across a broad cross-section of Financial Assests covering
both Debt and Equity. It was registered with Securities and Exchange Board of
India (SEBI) in 1996.The Company is the one of the earliest entrants into the
Indian Mutual Funds Industry.
It is associated with Escorts Group - with Escorts Limited as its Flagship
Company,which is amongst India's leading corporations, operating in diverse
fields of Agri-Machinery,Construction and Railway Ancillaries and Financial
Services. The genesis of Escorts goes back to 1944 and over the decades, Escorts
has surged ahead and evolved into one of the India's leading conglomerates.The
group holds a great repute and trust amongst people.
Escorts Mutual Fund has been established as a trust in accordance with the
provisions of the Indian Trusts Act,1882 and the Deed of Trust dated 15th
April,1996 has been registered under the Indian Registration Act,1908.
Backed by one of the most trusted and valued brands in India, Escorts Mutual
Fund has earned the trust of lakhs of investors with its consistent performance and
excellent service.
Escorts Mutual Fund, has made impressive gains by constantly increasing its retail
client base over the years.We at Escorts Mutual Fund aim to provide best riskadjusted returns to our clients.The Escorts philosophy is centered on seeking

26

consistent, long-term results. It aims at overall excellence, within the framework

of transparent and rigorous risk controls.
SERVICE:
We offer a wide range of services to assist investors have a fulfilling and
rewarding financial planning experience with us. We have designed our services
keeping in mind the needs of our investors, giving them a smooth and hassle-free
financial planning process.

27

PRODUCTS

Escorts Power & Energy Fund - Mission to ensure energy independent

country by 2030.The investment objective of the scheme is to provide
income distribution and/or medium to long-term capital gains by investing
predominantlyin ewuity/euity related instruments of the companies in the
Power/Energy Sector and/or Debt/Money-Market instruments.

Escorts Opportunities Fund - Launched in February 2001, Escorts

opportunities Fund (EOF), Designed to provide regular income. We invest
in well- diversified portfolio for both equity and debt. Also, in case of
equities, we as a matter of policy only invest in well researched large cap
stocks. Further to reduce the volatility in returns induced due to the equity
component, the fund aggressively uses derivatives by selling option. This
premium income received in the process not only reduces the volatility but
also enhances the risk adjusted return on the scheme. Through this
mechanism, we also partially hedge any potential downside in the portfolio
to the extent of premium received.
Escorts Income Plan - To generate current income by investing
predominantly in a well diversified portfolio of Fixed Income securities
with moderate risk levels. This income may be complemented by possible
Capital Appreciation.

Escorts Tax Plan - To generate Capital Appreciation by investing

predominantly in a well diversified portfolio of Equity Shares with growth
potential. This Income may be complemented by possible dividend and
other income.. Scheme Details

28

Escorts Balanced Fund - To generate long term Capital Appreciation and

current income from a portfolio of equity & fixed income securities.

Escorts Growth Plan - To generate Capital Appreciation by investing

predominantly in a well diversified portfolio of Equity Shares with growth
potential. This income may be complemented by possible dividend and
other Income.

Escorts Gilt Plan - To generate income and capital appreciation through

investments in Government Securities . The aim is to generate returns
commensurate with minimal credit risk by investing in securities created
and issued by the Central Government and/or a State Government and/or
repos/reverse repos in such government securities as may be permitted by
RBI.

Escorts Liquid Plan - The primary investment objective of the scheme is to

provide income and liquidity consistent with the prudent risk from a
portfolio comprising of money market and debt instruments. This income
may be complemented by possible capital appreciation. The aim is to
optimize returns while providing liquidity.

Escorts Leading Sectors Fund - The investment objective of the scheme is

to provide capital apprecaition or income ditribution by investing in
companies from Leading Sectors, depending upon their growth prospects
and sustainability of future earnings growth.

29

Escorts Income Bond - To generate income by investing predominantly in a

well diversified portfolio of Fixed Income ecuruities ith moderate risk
levels.This

income

may

be

complemented

by

possible

Capital

Appreciation.
Escorts High Yield Equity Plan - To generate income by investing
predominantly in a well diversified portfolio of Fixed Income ecuruities ith
moderate risk levels.This income may be complemented by possible
Capital Appreciation.

Escorts Floating Rate Fund - To generate regular income through

investment in a portfolio comprising substantially of Floating Rate Debt
Securities (including floating rate securitized debt, Money Market
Instruments and Fixed Rate Debt Instruments swapped for floating rate
returns).The scheme shall also invest in Fixed Rate Debt Securities
(including fixed rate securitized debt, Money Market Instruments and
Floating Rate Debt Instruments swapped for fixed returns.

30

OBJECTIVES OF THE
STUDY

31

OBJECTIVES OF THE STUDY

Primary Objective:
To compare systematic investment plan and one time investment plans of
SBI Mutual Funds and Escort Mutual funds on the basis of returns
To analyze the investors view towards both systematic investment plans
and one time investment plans of
Secondary Objective:

To compare Systematic Investment plans & one time investment plans on

the basis of their risk.

32

RESEARCH
METHODOLOGY

33

RESEARCH METHODOLOGY
The word research methodology comes from the word advance learners
dictionary meaning of research as a careful investigation or inquiry specially
through search for new facts in any branch of knowledge for example some
authors have defined research methodology as systematized effort to gain new
knowledge.

Research Methodology can consider research as movement, a movement from the

known to the unknown. The term Research methodology is an academic activity
and as such the term should be used in technical sense. According to Clifford
Woody research comprises defining and redefining problems, formulating
hypothesis or suggested solutions, collecting, organizing and evaluating data,
making deduction and reaching conclusions and then testing of the conclusion to
determine whether they fit the in the formulating hypothesis.

Research is thus an original contribution to the existing stock of knowledge

Making for its advancement it is the pursuit of the truth with the help of the study,
observations, comparison and experiment.

34

TYPES OF RESEARCH
The various types of research are :

Descriptive : Descriptive Research

includes survey and fact finding

enquiries of different kinds. The major purpose of descriptive research is

description of the state of affairs as it exists at present. In social science and
business research we quite often use the term Ex-Post Factor research for
descriptive research studies.

Analytical Research : According to analytical research the researcher has

to use facts or information already available and analyse these to make a
critical evaluation of the material.

Applied Research : Aims at findings a solution for an immediate problem

facing a society or an industrial/business organisation.

Fundamental Research : Aims at mainly concerned with generalization

and with the formulation of a theory.

Quantitative Research : Quantitative Research is based on the

measurement of quality or amount. It is applicable to Phenomena that can
be expressed in terms of quality.

Qualitative Research : Qualitative Research is concerned on the

measurement qualitative phenomenon i.e. relating to or involving quality or
kind. For instant when we are interested in investigating the reasons for
human behaviour.

The study conducted is a conclusive descriptive statistical study. Conclusive

because after conducting the study the researcher comes to a decision which is
precise and rational.

35

TOOLS OF ANALYSIS
To know the response. I have used the questionnaire method in sample survey. If
one wishes to find what people think or know, the logical procedure is to ask
them. This has led researchers to use the questionnaire technique for collecting
data more than any other method.
In this method questionnaire were distributed to the respondents and they were
asked to answer questions in the questionnaire. The questionnaires were structured
non-disguised questionnaire because the questions, which the questionnaire
contained, were arranged in a specific order besides every question asked were
logical for the study, no question can be termed as irrelevant.
The questionnaire, were non-disguised because the questionnaire were constructed
so that the objective is clear to the respondent. The respondents were aware of the
objective. They knew why they were asked to fill the questionnaire.

36

DATA COLLECTION
PRIMARY DATA SOURCES

Through interaction with investors

SECONDARY DATA SOURCES:

Through internet, various official site of AMCs

Through pamphlets and brochures of the companies.

Journals & Magazine

Source of Data for this project primary & secondary. In reference to the theoretical
concept as well as for information are collected through secondary sources from
paper published material i.e. newspaper, journal and magazine & from printed
electronic media i.e. internet websites. The primary data was collected through
questionnaire filled from the respondents.

37

SAMPLE SIZE
The method used for sample technique was non probability convenience
sampling method. This method was used because it was not know previously as to
whether a particular person will be asked to fill the questionnaire. Convenient
sampling is used because only those people were asked to fill the questionnaires
who were easily accessible and available to the researcher.
100 customers.

38

LIMITATIONS OF STUDY
Limitation of the present study can be summarized below :
The respondents were limited and cannot be treated as the whole population.
The respondents may be biased.
Time was the major constraint.
The accuracy of indications given by the respondents may not be consider
adequate

39

DATA ANALYSIS
&
INTERPRETATION

40

DATA ANALYSIS & INTERPRETATION

ESCORT GROWTH PLAN
Date
1-Apr-10
5-Apr-10
6-Apr-10
7-Apr-10
8-Apr-10
9-Apr-10
12-Apr-10
13-Apr-10
15-Apr-10
16-Apr-10
19-Apr-10
20-Apr-10
21-Apr-10
22-Apr-10
23-Apr-10
26-Apr-10
27-Apr-10
28-Apr-10
29-Apr-10
30-Apr-10
3-May-10
4-May-10
5-May-10
6-May-10
7-May-10
10-May-10
11-May-10
12-May-10
13-May-10
14-May-10
17-May-10
18-May-10
19-May-10
20-May-10
21-May-10
24-May-10

NAV
70.906
72.109
72.876
73.594
73.064
73.602
74.738
74.972
75.721
75.14
74.658
75.218
76.135
76.711
76.941
77.598
77.602
76.416
76.868
77.429
76.878
76.053
75.708
75.761
74.406
75.844
75.157
75.127
75.528
74.924
74.419
74.984
72.795
72.755
71.852
72.069

SIP Units
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
14.1023833
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
41

SIP Amount

One

time

1000
1016.908758
1027.725286
1037.850797
1030.376534
1037.963616
1053.983923
1057.283881
1067.846566
1059.653081
1052.855733
1060.753067
1073.684953
1081.807926
1085.051474
1094.31674
1094.373149
1077.647722
1084.022
1091.933437
2084.136755
2061.771282
2052.418448
2053.85526
2017.121665
2056.105362
2037.481023
2036.667733
2047.538709
2031.164471
2017.474091
2032.791051
1973.447997
1972.36361
1947.883583
1953.766381

Investment
12000
12202.90509
12332.70343
12454.20956
12364.5184
12455.56339
12647.80708
12687.40657
12814.15879
12715.83698
12634.26879
12729.03681
12884.21943
12981.69511
13020.61768
13131.80087
13132.47779
12931.77267
13008.264
13103.20124
13009.95628
12870.34269
12811.95882
12820.92794
12591.62318
12834.97391
12718.71386
12713.637
12781.49767
12679.2836
12593.82316
12689.43731
12318.99591
12312.22677
12159.41334
12196.13595

25-May-10
26-May-10
27-May-10
28-May-10
31-May-10
1-Jun-10
2-Jun-10
3-Jun-10
4-Jun-10
7-Jun-10
8-Jun-10
9-Jun-10
10-Jun-10
11-Jun-10
14-Jun-10
15-Jun-10
16-Jun-10
17-Jun-10
18-Jun-10
21-Jun-10
22-Jun-10
23-Jun-10
24-Jun-10
25-Jun-10
28-Jun-10
29-Jun-10
30-Jun-10
1-Jul-10
2-Jul-10
5-Jul-10
6-Jul-10
7-Jul-10
8-Jul-10
9-Jul-10
12-Jul-10
13-Jul-10
14-Jul-10
15-Jul-10
16-Jul-10
19-Jul-10
20-Jul-10

70.787
71.46
72.084
72.962
73.14
72.31
72.84
73.642
73.645
72.515
72.272
72.531
73.035
73.393
73.933
74.066
74.303
74.588
74.257
74.996
74.948
75.156
75.209
74.85
75.75
75.174
75.487
75.112
75.093
75.043
75.331
75.123
75.528
75.965
76.28
76.863
77.139
77.337
77.487
77.525
77.662

27.10966408
27.10966408
27.10966408
27.10966408
27.10966408
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
40.93900587
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642

42

1919.011791
1937.256595
1954.173025
1977.975311
1982.800831
2960.299515
2981.997188
3014.83027
3014.953087
2968.692011
2958.743832
2969.347035
2989.980294
3004.636458
3026.743521
3032.188409
3041.890953
3053.55857
3040.007759
3070.261684
3068.296612
3076.811925
3078.981693
3064.28459
3101.129695
3077.548827
3090.362736
4075.037547
4074.006743
4071.294102
4086.918914
4075.634328
4097.606718
4121.315199
4138.404836
4170.034228
4185.008006
4195.750063
4203.887986
4205.949593
4213.382229

11979.18488
12093.07573
12198.67438
12347.25709
12377.37978
12236.92004
12326.6112
12462.33253
12462.84022
12271.6119
12230.48935
12274.31956
12359.61077
12420.19461
12511.57806
12534.08546
12574.19264
12622.42279
12566.40812
12691.46806
12683.34509
12718.54463
12727.51375
12666.76068
12819.06642
12721.59075
12774.5593
12711.09858
12707.88323
12699.4218
12748.15964
12712.96009
12781.49767
12855.45057
12908.75758
13007.41785
13054.12495
13087.63221
13113.0165
13119.44719
13142.6315

21-Jul-10
22-Jul-10
23-Jul-10
26-Jul-10
27-Jul-10
28-Jul-10
29-Jul-10
30-Jul-10
2-Aug-10
3-Aug-10
4-Aug-10
5-Aug-10
6-Aug-10
9-Aug-10
10-Aug-10
11-Aug-10
12-Aug-10
13-Aug-10
16-Aug-10
17-Aug-10
18-Aug-10
19-Aug-10
20-Aug-10
23-Aug-10
24-Aug-10
25-Aug-10
26-Aug-10
27-Aug-10
30-Aug-10
31-Aug-10
1-Sep-10
2-Sep-10
3-Sep-10
6-Sep-10
7-Sep-10
8-Sep-10
9-Sep-10
13-Sep-10
14-Sep-10
15-Sep-10
16-Sep-10

78.176
78.065
78.025
77.742
77.987
78.056
78.387
78.488
79.292
79.494
79.321
79.896
79.818
80.894
80.387
80.426
80.47
80.874
80.738
80.677
81.509
81.697
81.773
82.174
81.648
80.757
81.046
80.255
80.189
79.789
80.683
81.401
81.607
82.383
82.506
82.414
82.818
83.298
82.985
83.1
82.78

54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
54.25281642
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
66.87013089
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551

43

4241.268176
4235.246114
4233.076001
4217.722454
4231.014394
4234.757838
4252.71552
4258.195055
5302.266418
5315.774185
5304.205652
5342.655977
5337.440107
5409.392368
5375.489212
5378.097147
5381.039432
5408.054965
5398.960628
5394.88155
5450.517498
5463.089083
5468.171213
5494.986135
5459.812447
5400.23116
5419.556628
5366.662354
5362.248926
5335.500873
1000.037184
1008.936539
1011.489836
1021.108081
1022.632623
1021.492315
1026.499752
1032.449182
1028.569658
1029.995042
1026.028756

13229.615
13210.83063
13204.06149
13156.16979
13197.6308
13209.30757
13265.32224
13282.41433
13418.47412
13452.6583
13423.38175
13520.6882
13507.48837
13689.57834
13603.77944
13610.37935
13617.82541
13686.19377
13663.17868
13652.85573
13793.65393
13825.4689
13838.33028
13906.19095
13817.1767
13666.39402
13715.30109
13581.44126
13570.27218
13502.58074
13653.8711
13775.37724
13810.23833
13941.55972
13962.37484
13946.80581
14015.17416
14096.40389
14043.43534
14062.89663
14008.74348

17-Sep-10
20-Sep-10
21-Sep-10
22-Sep-10
23-Sep-10
24-Sep-10
27-Sep-10
28-Sep-10
29-Sep-10
30-Sep-10
1-Oct-10
4-Oct-10
5-Oct-10
6-Oct-10
7-Oct-10
8-Oct-10
11-Oct-10
12-Oct-10
13-Oct-10
14-Oct-10
15-Oct-10
18-Oct-10
19-Oct-10
20-Oct-10
21-Oct-10
22-Oct-10
25-Oct-10
26-Oct-10
27-Oct-10
28-Oct-10
29-Oct-10
1-Nov-10
2-Nov-10
3-Nov-10
4-Nov-10
8-Nov-10
9-Nov-10
10-Nov-10
11-Nov-10
12-Nov-10
15-Nov-10

83.798
84.289
83.29
82.994
83.337
83.931
84.117
83.918
83.794
84.123
85.011
84.94
85.354
86.066
85.612
85.109
85.935
85.75
86.48
86.17
85.383
85.371
85.341
85.174
86.058
86.393
86.657
86.617
86.45
85.666
85.322
85.911
86.293
86.339
86.785
87.514
87.516
88.514
87.645
86.363
85.801

12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
12.39464551
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
24.15797196
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846

44

1038.646505
1044.732276
1032.350025
1028.68121
1032.932573
1040.294993
1042.600397
1040.133862
1038.596926
1042.674765
2053.693354
2051.978138
2061.979539
2079.180015
2068.212296
2056.060836
2076.015321
2071.546096
2089.181415
2081.692444
2062.68012
2062.390224
2061.665485
2057.631104
2078.986751
2087.079672
2093.457376
2092.491057
2088.456676
2069.516826
2061.206484
3075.447001
3089.121859
3090.76857
3106.734504
3132.831288
3132.902885
3168.629347
3137.520834
3091.627723
3071.509214

14181.01819
14264.10943
14095.05006
14044.9584
14103.00381
14203.5256
14235.00212
14201.32562
14180.34128
14236.01749
14386.29248
14374.27725
14444.33789
14564.82866
14487.99887
14402.87689
14542.65971
14511.35242
14634.8893
14582.42843
14449.24552
14447.21478
14442.13792
14413.87675
14563.47483
14620.16641
14664.84276
14658.07361
14629.81244
14497.13722
14438.92258
14538.59822
14603.24355
14611.02806
14686.50402
14809.87167
14810.21013
14979.10027
14832.04061
14615.08955
14519.98308

16-Nov-10
18-Nov-10
19-Nov-10
22-Nov-10
23-Nov-10
24-Nov-10
25-Nov-10
26-Nov-10
29-Nov-10
30-Nov-10
1-Dec-10
2-Dec-10
3-Dec-10
6-Dec-10
7-Dec-10
8-Dec-10
9-Dec-10
10-Dec-10
13-Dec-10
14-Dec-10
15-Dec-10
16-Dec-10
20-Dec-10
21-Dec-10
22-Dec-10
23-Dec-10
24-Dec-10
27-Dec-10
28-Dec-10
29-Dec-10
30-Dec-10
31-Dec-10
3-Jan-11
4-Jan-11
5-Jan-11
6-Jan-11
7-Jan-11
10-Jan-11
11-Jan-11
12-Jan-11
13-Jan-11

84.529
84.456
83.04
83.055
83.055
82.745
81.21
78.746
79.485
80.716
82.437
83.382
81.97
81.648
80.591
79.101
75.437
77.14
78.312
79.335
78.287
78.618
78.175
78.978
79.264
79.023
79.158
79.124
78.912
79.314
79.403
80.24
80.879
80.894
80.435
79.96
78.299
77.124
76.55
77.503
77.137

35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
35.79805846
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
47.92809396
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604

45

3025.974084
3023.360826
2972.670775
2973.207746
2973.207746
2962.110348
2907.160328
2818.953912
2845.408677
2889.476087
3951.048282
3996.340331
3928.665862
3913.233016
3862.573021
3791.160161
3615.551624
3697.173168
3753.344895
3802.375335
3752.146692
3768.010891
3746.778746
3785.265005
3798.97244
3787.421769
3793.892062
3792.262507
3782.101751
3801.368845
3805.634445
3845.75026
4876.363627
4877.268008
4849.593941
4820.9552
4720.810045
4649.966844
4615.359187
4672.817545
4650.750641

14304.7243
14292.37061
14052.74291
14055.28134
14055.28134
14002.82048
13743.05458
13326.07531
13451.13524
13659.45565
13950.69807
14110.61909
13871.66831
13817.1767
13638.30207
13386.15146
12766.09787
13054.29418
13252.63009
13425.75095
13248.39938
13304.41405
13229.44578
13365.33634
13413.73572
13372.95163
13395.79749
13390.04372
13354.16725
13422.19715
13437.2585
13578.90283
13687.03991
13689.57834
13611.90241
13531.51883
13250.43012
13051.58652
12954.4493
13115.72416
13053.78649

14-Jan-11
17-Jan-11
18-Jan-11
19-Jan-11
20-Jan-11
21-Jan-11
24-Jan-11
25-Jan-11
27-Jan-11
28-Jan-11
31-Jan-11
1-Feb-11
2-Feb-11
3-Feb-11
4-Feb-11
7-Feb-11
8-Feb-11
9-Feb-11
10-Feb-11
11-Feb-11
14-Feb-11
15-Feb-11
16-Feb-11
17-Feb-11
18-Feb-11
21-Feb-11
22-Feb-11
23-Feb-11
24-Feb-11
25-Feb-11
28-Feb-11
1-Mar-11
3-Mar-11
4-Mar-11
7-Mar-11
8-Mar-11
9-Mar-11
10-Mar-11
11-Mar-11
14-Mar-11
15-Mar-11

75.215
74.433
74.438
74.318
74.686
74.842
75.357
75.214
74.12
72.727
72.505
71.637
71.868
72.986
72.022
72.058
70.207
68.117
67.656
69.258
71.098
71.313
71.525
72.197
70.725
70.752
70.257
69.802
68.208
68.092
67.91
69.405
69.455
69.363
68.436
68.663
69.098
68.888
68.414
68.518
67.746

60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
60.29208604
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
74.2507723
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594

46

4534.869252
4487.72084
4488.022301
4480.787251
4502.974738
4512.380304
4543.430728
4534.80896
4468.849418
4384.862542
4371.477699
5319.102575
5336.254504
5419.266867
5347.689123
5350.36215
5212.923971
5057.739857
5023.510251
5142.459988
5279.081409
5295.045325
5310.786489
5360.683008
5251.385871
5253.390642
5216.63651
5182.852408
5064.496677
5055.883587
5042.369947
6153.302656
6157.735552
6149.579024
6067.393136
6087.518482
6126.084676
6107.466514
6065.442661
6074.663085
6006.219174

12728.52912
12596.19236
12597.0385
12576.73107
12639.00719
12665.40685
12752.55958
12728.35989
12543.2238
12307.48837
12269.91962
12123.02919
12162.121
12351.31857
12188.1822
12194.27443
11881.03229
11527.34452
11449.33014
11720.43435
12031.81498
12068.19913
12104.07559
12217.79721
11968.69271
11973.26188
11889.49372
11812.49471
11542.74432
11523.11381
11492.3142
11745.31096
11753.77239
11738.20336
11581.32844
11619.74334
11693.35778
11657.81977
11577.60542
11595.20519
11464.56071

16-Mar-11
17-Mar-11
18-Mar-11
21-Mar-11
22-Mar-11
23-Mar-11
24-Mar-11
25-Mar-11
28-Mar-11
29-Mar-11
30-Mar-11
31-Mar-11

68.283
68.073
68.028
67.822
68.14
68.348
68.535
69.083
69.528
69.475
70.548
70.421

88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594
88.65791594

6053.828474
6035.210312
6031.220706
6012.957175
6041.150392
6059.591239
6076.170269
6124.754807
6164.20758
6159.50871
6254.638654
6243.379099

11555.43647
11519.89846
11512.28318
11477.42208
11531.23678
11566.43633
11598.08208
11690.81935
11766.12608
11757.15696
11938.73925
11917.24721

16000

14000

12000

10000

8000

6000

4000

2000

Interpretation:

SIP A mount

One time Investment

It was found that when a person invests 1000 Rs. Monthly in Escort Growth
scheme he will get 6243.37099 after one year and if the person invests 12000 at
47

3/ 31/2011

3/ 17/2011

3/ 3/ 2011

2/ 17/2011

2/ 3/ 2011

1/ 20/2011

1/ 6/ 2011

12/23/ 2010

12/9/2010

11/25/ 2010

11/11/ 2010

10/28/ 2010

9/ 30/2010

10/14/ 2010

9/ 16/2010

9/ 2/ 2010

8/ 5/ 2010

8/ 19/2010

7/ 22/2010

7/ 8/ 2010

6/ 24/2010

6/ 10/2010

5/ 27/2010

5/ 13/2010

4/ 29/2010

4/ 15/2010

4/ 1/ 2010

the beginning of the year he will get Rs. 11917.24721. This shows bad
performance of the fund.
ESCORT LEADING FUND

Date
1-Apr-10
5-Apr-10
6-Apr-10
7-Apr-10
8-Apr-10
9-Apr-10
12-Apr-10
13-Apr-10
15-Apr-10
16-Apr-10
19-Apr-10
20-Apr-10
21-Apr-10
22-Apr-10
23-Apr-10
26-Apr-10
27-Apr-10
28-Apr-10
29-Apr-10
30-Apr-10
3-May-10
4-May-10
5-May-10
6-May-10
7-May-10
10-May-10
11-May-10
12-May-10
13-May-10
14-May-10
17-May-10
18-May-10
19-May-10
20-May-10
21-May-10

NAV
10.2597
10.4019
10.502
10.615
10.4902
10.5944
10.6389
10.6214
10.6898
10.6703
10.5874
10.723
10.827
10.854
10.8875
11.0089
11.0192
10.8962
10.9734
11.0594
10.9686
10.7688
10.7379
10.7316
10.4777
10.7197
10.6166
10.6134
10.6682
10.5266
10.5076
10.6165
10.3721
10.4024
10.2596

SIP Units
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
97.4687369
188.6380779
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
48

SIP Amount

One Time

1000
1013.860054
1023.616675
1034.630642
1022.466544
1032.622786
1036.960145
1035.254442
1041.921304
1040.020663
1031.940505
1045.157266
1055.294014
1057.92567
1061.190873
1073.023578
1074.027506
1062.038851
1069.563438
1077.945749
2069.095622
3031.405971
3022.707653
3020.93421
2949.461625
3017.584372
2988.56183
2987.661033
3003.087176
2963.226924
2957.878444
2988.53368
2919.735335
2928.264753
2888.066702

Investment
12000
12166.32065
12283.4001
12415.56771
12269.59853
12391.47343
12443.52174
12423.05331
12503.05564
12480.24796
12383.28606
12541.88719
12663.52817
12695.10804
12734.29048
12876.28293
12888.33007
12744.46621
12834.76125
12935.34899
12829.14705
12595.45601
12559.3146
12551.94596
12254.97822
12538.02743
12417.43911
12413.69631
12477.79175
12312.17287
12289.95
12417.32214
12131.46583
12166.90547
11999.88304

24-May-10
25-May-10
26-May-10
27-May-10
28-May-10
31-May-10
1-Jun-10
2-Jun-10
3-Jun-10
4-Jun-10
7-Jun-10
8-Jun-10
9-Jun-10
10-Jun-10
11-Jun-10
14-Jun-10
15-Jun-10
16-Jun-10
17-Jun-10
18-Jun-10
21-Jun-10
22-Jun-10
23-Jun-10
24-Jun-10
25-Jun-10
28-Jun-10
29-Jun-10
30-Jun-10
1-Jul-10
2-Jul-10
5-Jul-10
6-Jul-10
7-Jul-10
8-Jul-10
9-Jul-10
12-Jul-10
13-Jul-10
14-Jul-10
15-Jul-10
16-Jul-10
19-Jul-10

10.3062
9.9637
10.1548
10.2711
10.4598
10.5385
10.3347
10.4274
10.5385
10.5797
10.4364
10.3901
10.4663
10.6003
10.6569
10.777
10.8088
10.8043
10.8641
10.8552
10.9419
10.9202
10.9815
10.9575
10.8426
11.0125
10.9323
10.9981
10.9218
10.9183
10.9549
11.0248
11.063
11.1612
11.2107
11.2792
11.2985
11.3286
11.3251
11.3806
11.3763

281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
281.4989573
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
378.2603961
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993

49

2901.184554
2804.771161
2858.565612
2891.30394
2944.422793
2966.576761
3909.207715
3944.272454
3986.297184
4001.881512
3947.676798
3930.163341
3958.986783
4009.673676
4031.083215
4076.512288
4088.540969
4086.838797
4109.458769
4106.092251
4138.887428
4130.679177
4153.866539
4144.78829
4101.32617
4165.592612
4135.256128
4160.145662
5131.284437
5129.640065
5146.835492
5179.675938
5197.623077
5243.75944
5267.01555
5299.198247
5308.265781
5322.407375
5320.763004
5346.838036
5344.817808

12054.38756
11653.79105
11877.30635
12013.33372
12234.04193
12326.09141
12087.72186
12196.14609
12326.09141
12374.27995
12206.67271
12152.51908
12241.64449
12398.37422
12464.57499
12605.04693
12642.241
12636.97769
12706.92126
12696.51159
12797.91807
12772.53721
12844.23521
12816.16422
12681.77432
12880.49358
12786.68967
12863.65098
12774.40861
12770.31492
12813.12319
12894.87997
12939.55964
13054.4168
13112.31323
13192.43253
13215.00629
13250.21199
13246.11831
13311.03249
13306.0031

20-Jul-10
21-Jul-10
22-Jul-10
23-Jul-10
26-Jul-10
27-Jul-10
28-Jul-10
29-Jul-10
30-Jul-10
2-Aug-10
3-Aug-10
4-Aug-10
5-Aug-10
6-Aug-10
9-Aug-10
10-Aug-10
11-Aug-10
12-Aug-10
13-Aug-10
16-Aug-10
17-Aug-10
18-Aug-10
19-Aug-10
20-Aug-10
23-Aug-10
24-Aug-10
25-Aug-10
26-Aug-10
27-Aug-10
30-Aug-10
31-Aug-10
1-Sep-10
2-Sep-10
3-Sep-10
6-Sep-10
7-Sep-10
8-Sep-10
9-Sep-10
13-Sep-10
14-Sep-10
15-Sep-10

11.3974
11.4488
11.4809
11.4397
11.3369
11.3192
11.3279
11.3195
11.3401
11.3727
11.3644
11.3532
11.4022
11.443
11.5751
11.582
11.6158
11.6406
11.6809
11.6763
11.6825
11.8544
11.913
11.8846
11.9165
11.9047
11.7724
11.8171
11.7705
11.7689
11.6501
11.7967
11.8867
12.0202
12.1499
12.1895
12.188
12.2677
12.2873
12.2341
12.2397

469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
469.8203993
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
557.7502671
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694

50

5354.731019
5378.879787
5393.961022
5374.604422
5326.306884
5317.991063
5322.078501
5318.13201
5327.81031
6343.126463
6338.497136
6332.250333
6359.580096
6382.336307
6456.015117
6459.863594
6478.715553
6492.54776
6515.025095
6512.459444
6515.917496
6611.794767
6644.478932
6628.638825
6646.431058
6639.849605
6566.059245
6590.990682
6564.999519
6564.107119
6497.846387
7579.612964
7637.439743
7723.216132
7806.550947
7831.994729
7831.03095
7882.239775
7894.833163
7860.651111
7864.249222

13330.68218
13390.8009
13428.34586
13380.15731
13259.91988
13239.21752
13249.39326
13239.56841
13263.66268
13301.79245
13292.08456
13278.98477
13336.29638
13384.01708
13538.52452
13546.59493
13586.12825
13615.13495
13662.27083
13656.89055
13664.14223
13865.20074
13933.74075
13900.52341
13937.83444
13924.03287
13769.2915
13821.57373
13767.06921
13765.19781
13626.24638
13797.71338
13902.97962
14059.12454
14210.82488
14257.14202
14255.38758
14348.60668
14371.53133
14309.30729
14315.85719

16-Sep-10
17-Sep-10
20-Sep-10
21-Sep-10
22-Sep-10
23-Sep-10
24-Sep-10
27-Sep-10
28-Sep-10
29-Sep-10
30-Sep-10
1-Oct-10
4-Oct-10
5-Oct-10
6-Oct-10
7-Oct-10
8-Oct-10
11-Oct-10
12-Oct-10
13-Oct-10
14-Oct-10
15-Oct-10
18-Oct-10
19-Oct-10
20-Oct-10
21-Oct-10
22-Oct-10
25-Oct-10
26-Oct-10
27-Oct-10
28-Oct-10
29-Oct-10
1-Nov-10
2-Nov-10
3-Nov-10
4-Nov-10
8-Nov-10
9-Nov-10
10-Nov-10
11-Nov-10
12-Nov-10

12.0995
12.284
14.474
12.3493
12.3769
12.4445
12.5564
12.4963
12.5463
12.5257
12.5711
12.7086
12.6737
12.8496
12.9544
12.8078
12.6979
12.8614
12.744
12.9095
12.8156
12.643
12.6873
12.7044
12.6772
12.9292
12.954
13.0327
12.9882
12.8944
12.8338
12.7693
12.9035
12.969
13.0494
13.1214
13.1944
13.2827
13.5759
13.4074
13.0983

642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
642.5197694
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
721.2066735
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532

51

7774.16795
7892.712848
9299.831143
7934.669389
7952.402934
7995.837271
8067.735233
8029.119795
8061.245783
8048.009876
8077.180273
9165.52713
9140.357017
9267.217271
9342.799731
9237.070832
9157.810219
9275.72751
9191.057847
9310.417551
9242.696244
9118.215973
9150.165428
9162.498062
9142.881241
9324.625322
9342.511248
9399.270213
9367.176516
9299.52733
9255.822206
9209.304375
10306.09065
10358.40583
10422.62172
10480.12848
10538.43395
10608.95961
10843.13993
10708.55813
10461.6784

14151.87579
14367.67157
16929.14998
14444.04807
14476.32972
14555.39636
14686.27738
14615.98292
14674.46417
14650.36989
14703.47086
14864.29428
14823.47437
15029.21138
15151.78806
14980.32106
14851.77929
15043.01295
14905.699
15099.27191
14989.44414
14787.56689
14839.38127
14859.38185
14827.56806
15122.31352
15151.32021
15243.36969
15191.32138
15081.61057
15010.73131
14935.29051
15092.25416
15168.86459
15262.90242
15347.11541
15432.49803
15535.7759
15878.7099
15681.62812
15320.09708

15-Nov-10
16-Nov-10
18-Nov-10
19-Nov-10
22-Nov-10
23-Nov-10
24-Nov-10
25-Nov-10
26-Nov-10
29-Nov-10
30-Nov-10
1-Dec-10
2-Dec-10
3-Dec-10
6-Dec-10
7-Dec-10
8-Dec-10
9-Dec-10
10-Dec-10
13-Dec-10
14-Dec-10
15-Dec-10
16-Dec-10
20-Dec-10
21-Dec-10
22-Dec-10
23-Dec-10
24-Dec-10
27-Dec-10
28-Dec-10
29-Dec-10
30-Dec-10
31-Dec-10
3-Jan-11
4-Jan-11
5-Jan-11
6-Jan-11
7-Jan-11
10-Jan-11
11-Jan-11
12-Jan-11

13.0907
12.7263
12.683
12.4413
12.5585
12.5585
12.4379
12.168
11.7582
11.8882
12.0512
12.372
12.5285
12.2231
12.2217
11.9415
11.7337
11.1523
11.3801
11.6081
11.723
11.5457
11.6039
11.5838
11.6746
11.673
11.6646
11.6794
11.6803
11.6254
11.7012
11.7405
11.8503
11.9299
11.9876
11.9138
11.7332
11.4184
11.2289
11.087
11.2912

798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
798.7050532
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
879.5327754
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994

52

10455.60824
10164.56012
10129.97619
9936.929178
10030.53741
10030.53741
9934.213581
9718.643087
9391.333756
9495.165413
9625.354337
10881.5795
11019.22638
10750.61707
10749.38572
10502.94064
10320.17373
9808.813371
10009.17094
10209.70441
10310.76273
10154.82156
10206.01037
10188.33176
10268.19334
10266.78609
10259.39801
10272.4151
10273.20668
10224.92033
10291.58891
10326.15455
10422.72725
11492.73835
11548.32398
11477.22832
11303.24626
10999.98186
10817.42594
10680.72575
10877.443

15311.20793
14884.99664
14834.35188
14551.65356
14688.73359
14688.73359
14547.67683
14231.99509
13752.68283
13904.73406
14095.38291
14470.59856
14653.64484
14296.44142
14294.80394
13967.07506
13724.02702
13044.00713
13310.44767
13577.12214
13711.51203
13504.13755
13572.20971
13548.70025
13654.90219
13653.03079
13643.20594
13660.51639
13661.56905
13597.35665
13686.01421
13731.98047
13860.40528
13953.50741
14020.99477
13934.67645
13723.44221
13355.24431
13133.6004
12967.63063
13206.46803

13-Jan-11
14-Jan-11
17-Jan-11
18-Jan-11
19-Jan-11
20-Jan-11
21-Jan-11
24-Jan-11
25-Jan-11
27-Jan-11
28-Jan-11
31-Jan-11
1-Feb-11
2-Feb-11
3-Feb-11
4-Feb-11
7-Feb-11
8-Feb-11
9-Feb-11
10-Feb-11
11-Feb-11
14-Feb-11
15-Feb-11
16-Feb-11
17-Feb-11
18-Feb-11
21-Feb-11
22-Feb-11
23-Feb-11
24-Feb-11
25-Feb-11
28-Feb-11
1-Mar-11
3-Mar-11
4-Mar-11
7-Mar-11
8-Mar-11
9-Mar-11
10-Mar-11
11-Mar-11
14-Mar-11

11.2172
10.9964
10.9326
10.9497
10.9352
11.0736
11.0359
11.1397
11.0117
10.8134
10.5549
10.5206
10.3105
10.4248
10.5326
10.3677
10.2668
10.0499
9.7624
9.6894
9.9526
10.3122
10.4052
10.3358
10.4385
10.161
10.1657
10.0168
9.9779
9.6637
9.6724
9.7301
10.023
10.1125
10.1143
9.9405
10.0341
10.0997
10.046
9.8898
9.9247

963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
963.3557994
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1060.344307
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528

53

10806.15467
10593.44571
10531.98361
10548.457
10534.48834
10667.81678
10631.49827
10731.4946
10608.18506
10417.1516
10168.12413
10135.08102
10932.67998
11053.87733
11168.18245
10993.33167
10886.34293
10656.35425
10351.50526
10274.10013
10553.18275
10934.48256
11033.09458
10959.50669
11068.40405
10774.1585
10779.14212
10621.25685
10580.00946
10246.84928
10256.07427
10317.25614
11627.82791
11731.65816
11733.74637
11532.11846
11640.70518
11716.8087
11654.51055
11473.30066
11513.78865

13119.91579
12861.66262
12787.04056
12807.04114
12790.08158
12951.95766
12907.8628
13029.26986
12879.55788
12647.62128
12345.27325
12305.15512
12059.41694
12193.10506
12319.19062
12126.31948
12008.30434
11754.61271
11418.34557
11332.96295
11640.80821
12061.4053
12170.18041
12089.00845
12209.12892
11884.55803
11890.05526
11715.89813
11670.39972
11302.90359
11313.07933
11380.56668
11723.1498
11827.83122
11829.93655
11626.65575
11736.13264
11812.86003
11750.05117
11567.35577
11608.17568

15-Mar-11
16-Mar-11
17-Mar-11
18-Mar-11
21-Mar-11
22-Mar-11
23-Mar-11
24-Mar-11
25-Mar-11
28-Mar-11
29-Mar-11
30-Mar-11
31-Mar-11

9.7618
9.8431
9.7973
9.7522
9.723
9.8294
9.8932
9.9794
10.0623
10.1652
10.1919
10.3363
10.3384

1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528
1160.114528

11324.806
11419.12331
11365.99006
11313.6689
11279.79355
11403.22974
11477.24505
11577.24692
11673.42041
11792.7962
11823.77126
11991.29179
11993.72803

11417.64379
11512.73429
11459.16547
11406.41539
11372.26235
11496.71043
11571.3325
11672.15416
11769.11606
11889.47045
11920.69944
12089.59326
12092.04948

18000

16000

14000

12000

10000

8000

6000

4000

2000

Interpretation:

SIP Amount

54

One Time Investment

3/ 31/2011

3/ 17/2011

3/ 3/ 2011

2/ 17/2011

2/ 3/ 2011

1/ 20/2011

1/ 6/ 2011

12/9/2010

12/23/ 2010

11/25/ 2010

11/11/ 2010

10/28/ 2010

10/14/ 2010

9/ 30/2010

9/ 16/2010

9/ 2/ 2010

8/ 5/ 2010

8/ 19/2010

7/ 22/2010

7/ 8/ 2010

6/ 24/2010

6/ 10/2010

5/ 27/2010

5/ 13/2010

4/ 29/2010

4/ 15/2010

4/ 1/ 2010

It was found that when a person invests 1000 Rs. Monthly in Escort Leading Fund
Growth scheme he will get 11993.72803 after one year and if the person invests
12000 at the beginning of the year he will get Rs. 12092.4949. This fund has given
lesser returns as compared to fixed deposits and other investment instruments.

55

SBI MAGNUM EQUITY FUND

Date

Net Asset

5-Apr-10
6-Apr-10
7-Apr-10
8-Apr-10
9-Apr-10
12-Apr-10
13-Apr-10
15-Apr-10
16-Apr-10
19-Apr-10
20-Apr-10
21-Apr-10
22-Apr-10
23-Apr-10
26-Apr-10
27-Apr-10
28-Apr-10
29-Apr-10
30-Apr-10
3-May-10
4-May-10
5-May-10
6-May-10
7-May-10
10-May-10
11-May-10
12-May-10
13-May-10
14-May-10
17-May-10
18-May-10
19-May-10
20-May-10
21-May-10
24-May-10
25-May-10

Value
40.63
40.67
40.82
40.38
40.81
40.65
40.55
40.31
40.1
39.74
40.04
40.16
40.25
40.45
40.66
40.53
40.02
40.07
40.41
40.14
39.75
39.72
39.46
38.9
39.79
39.33
39.46
39.77
39.38
39.22
39.22
38.37
38.53
38.38
38.48
37.62

SIP Amount
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
24.61236
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
49.35871
56

SIP Units

One Time

1000
1000.984
1004.676
993.8469
1004.43
1000.492
998.031
992.124
986.9555
978.095
985.4787
988.4322
990.6473
995.5698
1000.738
997.5388
984.9865
986.2171
1994.585
1981.259
1962.009
1960.528
1947.695
1920.054
1963.983
1941.278
1947.695
1962.996
1943.746
1935.849
1935.849
1893.894
1901.791
1894.387
1899.323
1856.875

Amount
12000
12011.81
12056.12
11926.16
12053.16
12005.91
11976.37
11905.49
11843.47
11737.14
11825.74
11861.19
11887.77
11946.84
12008.86
11970.47
11819.84
11834.6
11935.02
11855.28
11740.09
11731.23
11654.44
11489.05
11751.91
11616.05
11654.44
11746
11630.81
11583.56
11583.56
11332.51
11379.77
11335.47
11365
11111

26-May-10
28-May-10
31-May-10
1-Jun-10
2-Jun-10
3-Jun-10
4-Jun-10
7-Jun-10
8-Jun-10
9-Jun-10
10-Jun-10
11-Jun-10
14-Jun-10
15-Jun-10
16-Jun-10
17-Jun-10
18-Jun-10
21-Jun-10
22-Jun-10
23-Jun-10
24-Jun-10
25-Jun-10
28-Jun-10
29-Jun-10
30-Jun-10
2-Jul-10
5-Jul-10
6-Jul-10
7-Jul-10
8-Jul-10
9-Jul-10
12-Jul-10
13-Jul-10
14-Jul-10
15-Jul-10
16-Jul-10
19-Jul-10
20-Jul-10
21-Jul-10
22-Jul-10
23-Jul-10

38.21
39.03
39.36
38.81
39.16
39.62
39.77
39.35
39.15
39.48
40.09
40.25
40.56
40.69
40.72
40.97
40.86
41.41
41.18
41.24
41.22
41.18
41.57
41.19
41.55
41.19
41.2
41.56
41.34
41.68
42.07
42.09
42.14
42.06
41.94
42.04
42
41.77
41.94
42.11
42.25

49.35871
49.35871
49.35871
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
75.12527
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301
99.40301

57

1885.996
1926.47
1942.759
2915.612
2941.905
2976.463
2987.732
2956.179
2941.154
2965.945
3011.772
3023.792
3047.081
3056.847
3059.101
3077.882
3069.618
3110.937
3093.658
3098.166
3096.663
3093.658
3122.957
3094.41
3121.455
4094.41
4095.404
4131.189
4109.32
4143.117
4181.885
4183.873
4188.843
4180.89
4168.962
4178.902
4174.926
4152.064
4168.962
4185.861
4199.777

11285.26
11527.44
11624.91
11462.47
11565.84
11701.7
11746
11621.95
11562.88
11660.35
11840.51
11887.77
11979.33
12017.72
12026.58
12100.42
12067.93
12230.37
12162.44
12180.16
12174.26
12162.44
12277.63
12165.4
12271.72
12165.4
12168.35
12274.67
12209.7
12310.12
12425.3
12431.21
12445.98
12422.35
12386.91
12416.44
12404.63
12336.7
12386.91
12437.12
12478.46

26-Jul-10
27-Jul-10
28-Jul-10
29-Jul-10
30-Jul-10
2-Aug-10
3-Aug-10
4-Aug-10
5-Aug-10
6-Aug-10
9-Aug-10
10-Aug-10
11-Aug-10
12-Aug-10
13-Aug-10
16-Aug-10
17-Aug-10
18-Aug-10
20-Aug-10
23-Aug-10
24-Aug-10
25-Aug-10
26-Aug-10
27-Aug-10
30-Aug-10
31-Aug-10
1-Sep-10
2-Sep-10
3-Sep-10
6-Sep-10
7-Sep-10
8-Sep-10
9-Sep-10
13-Sep-10
14-Sep-10
15-Sep-10
16-Sep-10
17-Sep-10
20-Sep-10
21-Sep-10
22-Sep-10

42.03
42.26
42.26
42.24
42.09
42.56
42.79
42.93
42.85
42.74
43.03
42.83
42.66
42.81
43.05
42.69
42.7
42.99
43.39
43.74
43.59
43.18
43.3
42.81
42.87
42.83
43.18
43.31
43.5
44.15
44.25
44.43
44.77
45.53
45.75
45.9
45.73
46.1
46.6
46.44
46.29

99.40301
99.40301
99.40301
99.40301
99.40301
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
122.8993
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
146.0582

58

4177.908
4200.771
4200.771
4198.783
4183.873
5230.592
5258.859
5276.065
5266.233
5252.714
5288.355
5263.775
5242.882
5261.317
5290.813
5246.569
5247.798
5283.439
5332.598
5375.613
5357.178
5306.79
5321.538
5261.317
5268.691
5263.775
6306.792
6325.779
6353.53
6448.468
6463.074
6489.364
6539.024
6650.028
6682.161
6704.07
6679.24
6733.282
6806.311
6782.941
6761.033

12413.49
12481.42
12481.42
12475.51
12431.21
12570.02
12637.95
12679.3
12655.67
12623.18
12708.84
12649.77
12599.56
12643.86
12714.74
12608.42
12611.37
12697.02
12815.16
12918.53
12874.23
12753.14
12788.58
12643.86
12661.58
12649.77
12753.14
12791.53
12847.65
13039.63
13069.16
13122.32
13222.74
13447.21
13512.18
13556.49
13506.28
13615.56
13763.23
13715.97
13671.67

23-Sep-10
24-Sep-10
27-Sep-10
28-Sep-10
29-Sep-10
30-Sep-10
1-Oct-10
4-Oct-10
5-Oct-10
6-Oct-10
7-Oct-10
8-Oct-10
11-Oct-10
12-Oct-10
13-Oct-10
14-Oct-10
15-Oct-10
18-Oct-10
19-Oct-10
20-Oct-10
21-Oct-10
22-Oct-10
25-Oct-10
26-Oct-10
27-Oct-10
28-Oct-10
29-Oct-10
1-Nov-10
2-Nov-10
3-Nov-10
4-Nov-10
8-Nov-10
9-Nov-10
10-Nov-10
11-Nov-10
12-Nov-10
15-Nov-10
16-Nov-10
18-Nov-10
19-Nov-10
22-Nov-10

46.11
46.52
46.52
46.62
46.23
46.44
47.16
47.11
47.17
47.34
47.05
46.87
46.98
46.82
47.44
47.05
46.35
46.28
46.06
46.01
46.76
46.52
46.79
46.63
46.23
46.3
46.35
47.01
46.95
47.12
47.99
47.81
47.78
47.72
47.19
46.38
46.75
46.04
46.15
45.52
46.03

146.0582
146.0582
146.0582
146.0582
146.0582
146.0582
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
167.2626
188.5347
188.5347
188.5347
188.5347
188.5347
188.5347
188.5347
188.5347
188.5347
188.5347
188.5347
188.5347
188.5347
188.5347

59

6734.742
6794.626
6794.626
6809.232
6752.269
6782.941
7888.105
7879.742
7889.777
7918.212
7869.706
7839.599
7857.997
7831.235
7934.938
7869.706
7752.622
7740.914
7704.116
7695.753
7821.2
7781.057
7826.218
7799.456
7732.55
7744.259
7752.622
8863.015
8851.703
8883.754
9047.779
9013.843
9008.187
8996.874
8896.951
8744.238
8813.996
8680.136
8700.875
8582.098
8678.251

13618.51
13739.6
13739.6
13769.14
13653.95
13715.97
13928.62
13913.86
13931.58
13981.79
13896.14
13842.97
13875.46
13828.21
14011.32
13896.14
13689.39
13668.72
13603.74
13588.97
13810.48
13739.6
13819.35
13772.09
13653.95
13674.62
13689.39
13884.32
13866.6
13916.81
14173.76
14120.6
14111.74
14094.02
13937.48
13698.25
13807.53
13597.83
13630.32
13444.25
13594.88

23-Nov-10
24-Nov-10
25-Nov-10
26-Nov-10
29-Nov-10
30-Nov-10
1-Dec-10
2-Dec-10
3-Dec-10
6-Dec-10
7-Dec-10
8-Dec-10
9-Dec-10
10-Dec-10
13-Dec-10
14-Dec-10
15-Dec-10
16-Dec-10
20-Dec-10
21-Dec-10
22-Dec-10
23-Dec-10
24-Dec-10
27-Dec-10
28-Dec-10
29-Dec-10
30-Dec-10
31-Dec-10
3-Jan-11
4-Jan-11
5-Jan-11
6-Jan-11
7-Jan-11
10-Jan-11
11-Jan-11
12-Jan-11
13-Jan-11
14-Jan-11
17-Jan-11
18-Jan-11
19-Jan-11

45.41
44.85
44.23
44.01
44.45
45
45.87
46.08
45.97
45.78
45.57
45.06
43.91
44.46
44.82
45.18
44.7
44.85
45
45.14
45.21
45.16
45.17
45.08
45.1
45.48
45.57
45.92
46.12
45.86
45.48
45.05
44.16
43.3
43.31
43.79
43.19
42.67
42.73
43.1
42.94

188.5347
188.5347
188.5347
188.5347
188.5347
188.5347
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
210.3354
232.018
232.018
232.018
232.018
232.018
232.018
232.018
232.018
232.018
232.018
232.018
232.018
232.018

60

8561.359
8455.78
8338.888
8297.411
8380.366
8484.06
9648.087
9692.257
9669.12
9629.156
9584.986
9477.715
9235.829
9351.514
9427.234
9502.955
9401.994
9433.545
9465.095
9494.542
9509.265
9498.749
9500.852
9481.922
9486.128
9566.056
9584.986
9658.603
10700.67
10640.34
10552.18
10452.41
10245.91
10046.38
10048.7
10160.07
10020.86
9900.207
9914.128
9999.974
9962.852

13411.76
13246.37
13063.25
12998.28
13128.23
13290.67
13547.62
13609.65
13577.16
13521.04
13459.02
13308.39
12968.74
13131.18
13237.51
13343.83
13202.07
13246.37
13290.67
13332.02
13352.7
13337.93
13340.88
13314.3
13320.21
13432.44
13459.02
13562.39
13621.46
13544.67
13432.44
13305.44
13042.58
12788.58
12791.53
12933.3
12756.09
12602.51
12620.23
12729.51
12682.25

20-Jan-11
21-Jan-11
24-Jan-11
25-Jan-11
27-Jan-11
28-Jan-11
31-Jan-11
1-Feb-11
2-Feb-11
3-Feb-11
4-Feb-11
7-Feb-11
8-Feb-11
9-Feb-11
10-Feb-11
11-Feb-11
14-Feb-11
15-Feb-11
17-Feb-11
18-Feb-11
21-Feb-11
22-Feb-11
23-Feb-11
24-Feb-11
25-Feb-11
28-Feb-11
1-Mar-11
3-Mar-11
4-Mar-11
7-Mar-11
8-Mar-11
9-Mar-11
10-Mar-11
11-Mar-11
14-Mar-11
15-Mar-11
16-Mar-11
17-Mar-11
18-Mar-11
21-Mar-11
22-Mar-11

43.19
43.13
43.44
43.21
42.67
42.33
42.36
41.77
41.91
42.42
41.69
41.63
41.11
40.8
40.6
41.09
42.02
42.07
42.44
41.92
42.33
41.76
41.33
40.29
40.5
40.83
42
42.06
42.09
41.59
41.99
42.03
41.8
41.57
42.08
41.59
42.01
41.68
41.19
41.21
41.48

232.018
232.018
232.018
232.018
232.018
232.018
232.018
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
255.9586
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681
279.7681

61

10020.86
10006.93
10078.86
10025.5
9900.207
9821.321
9828.281
10691.39
10727.23
10857.76
10670.92
10655.56
10522.46
10443.11
10391.92
10517.34
10755.38
10768.18
10862.88
10729.79
10834.73
10688.83
10578.77
10312.57
10366.32
10450.79
11750.26
11767.05
11775.44
11635.56
11747.46
11758.65
11694.31
11629.96
11772.64
11635.56
11753.06
11660.74
11523.65
11529.24
11604.78

12756.09
12738.37
12829.93
12762
12602.51
12502.09
12510.95
12336.7
12378.05
12528.67
12313.07
12295.35
12141.77
12050.21
11991.14
12135.86
12410.53
12425.3
12534.58
12381
12502.09
12333.74
12206.74
11899.58
11961.6
12059.07
12404.63
12422.35
12431.21
12283.53
12401.67
12413.49
12345.56
12277.63
12428.25
12283.53
12407.58
12310.12
12165.4
12171.3
12251.05

23-Mar-11
24-Mar-11
25-Mar-11

41.92
42.12
42.92

279.7681
279.7681
279.7681

62

11727.88
11783.83
12007.65

12381
12440.07
12676.35

28-Mar-11
29-Mar-11
30-Mar-11
31-Mar-11

43.13
43.43
43.78
44.02

279.7681
279.7681
279.7681
279.7681

12066.4
12150.33
12248.25
12315.39

12738.37
12826.98
12930.35
13001.23

16000

14000

12000

10000

8000

6000

4000

2000

Interpretation:

SIP Units

3/ 7/ 2011

3/ 21/2011

2/ 21/2011

2/ 7/ 2011

1/ 24/2011

1/ 10/2011

12/27/ 2010

12/13/ 2010

11/29/ 2010

11/15/ 2010

11/1/2010

10/18/ 2010

10/4/2010

9/ 20/2010

9/ 6/ 2010

8/ 23/2010

8/ 9/ 2010

7/ 26/2010

7/ 12/2010

6/ 28/2010

6/ 14/2010

5/ 31/2010

5/ 17/2010

5/ 3/ 2010

4/ 19/2010

4/ 5/ 2010

One Time A mount

It was found that when a person invests 1000 Rs. Monthly in SBI Magnum Equity
Fund he will get 12315.39 after one year and if the person invests 12000 at the
beginning of the year he will get Rs. 13001.23. This fund has given lesser returns
as compared to fixed deposits and other investment instruments.

63

SBI BLUECHIP FUND

Date

5-Apr-10
6-Apr-10
7-Apr-10
8-Apr-10
9-Apr-10
12-Apr-10
13-Apr-10
15-Apr-10
16-Apr-10
19-Apr-10
20-Apr-10
21-Apr-10
22-Apr-10
23-Apr-10
26-Apr-10
27-Apr-10
28-Apr-10
29-Apr-10
30-Apr-10
3-May-10
4-May-10
5-May-10
6-May-10
7-May-10
10-May-10
11-May-10
12-May-10
13-May-10
14-May-10
17-May-10
18-May-10
19-May-10
20-May-10
21-May-10

Net Asset

SIP Units

SIP Amount

One Time

Value

Investment

14.38
14.41
14.47
14.31
14.42
14.32
14.27
14.15
14.09
13.95
14.07
14.14
14.19
14.27
14.32
14.27
14.04
14.1
14.25
14.15
13.93
13.88
13.82
13.56
13.97
13.82
13.81
13.9
13.73
13.69
13.73
13.37
13.43
13.33

Amount
12000
12025.03
12075.10
11941.59
12033.38
11949.93
11908.21
11808.07
11758.00
11641.17
11741.31
11799.72
11841.45
11908.21
11949.93
11908.21
11716.27
11766.34
11891.52
11808.07
11624.48
11582.75
11532.68
11315.72
11657.86
11532.68
11524.34
11599.44
11457.58
11424.20
11457.58
11157.16
11207.23
11123.78

69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
69.54103
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
140.2124
64

1000
1002.086
1006.259
995.1321
1002.782
995.8275
992.3505
984.0056
979.8331
970.0974
978.4423
983.3102
986.7872
992.3505
995.8275
992.3505
976.3561
980.5285
990.9597
1984.006
1953.159
1946.148
1937.735
1901.28
1958.767
1937.735
1936.333
1948.952
1925.116
1919.508
1925.116
1874.64
1883.053
1869.031

24-May-10
25-May-10
26-May-10
28-May-10
31-May-10
1-Jun-10
2-Jun-10
3-Jun-10
4-Jun-10
7-Jun-10
8-Jun-10
9-Jun-10
10-Jun-10
11-Jun-10
14-Jun-10
15-Jun-10
16-Jun-10
17-Jun-10
18-Jun-10
21-Jun-10
22-Jun-10
23-Jun-10
24-Jun-10
25-Jun-10
28-Jun-10
29-Jun-10
30-Jun-10
2-Jul-10
5-Jul-10
6-Jul-10
7-Jul-10
8-Jul-10
9-Jul-10
12-Jul-10
13-Jul-10
14-Jul-10
15-Jul-10
16-Jul-10
19-Jul-10
20-Jul-10
21-Jul-10

13.34
13.02
13.24
13.59
13.7
13.44
13.59
13.77
13.81
13.59
13.47
13.57
13.78
13.82
13.95
14
14.04
14.12
14.07
14.3
14.24
14.23
14.19
14.14
14.34
14.18
14.32
14.19
14.18
14.28
14.19
14.32
14.44
14.49
14.58
14.53
14.48
14.52
14.53
14.46
14.54

140.2124
140.2124
140.2124
140.2124
140.2124
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
214.6172
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894

65

1870.434
1825.566
1856.412
1905.487
1920.91
2884.455
2916.647
2955.278
2963.863
2916.647
2890.893
2912.355
2957.424
2966.009
2993.909
3004.64
3013.225
3030.394
3019.663
3069.025
3056.148
3054.002
3045.418
3034.687
3077.61
3043.271
3073.318
4045.418
4042.567
4071.076
4045.418
4082.48
4116.69
4130.945
4156.603
4142.348
4128.094
4139.498
4142.348
4122.392
4145.199

11132.13
10865.09
11048.68
11340.75
11432.55
11215.58
11340.75
11490.96
11524.34
11340.75
11240.61
11324.06
11499.30
11532.68
11641.17
11682.89
11716.27
11783.03
11741.31
11933.24
11883.17
11874.83
11841.45
11799.72
11966.62
11833.10
11949.93
11841.45
11833.10
11916.55
11841.45
11949.93
12050.07
12091.79
12166.90
12125.17
12083.45
12116.83
12125.17
12066.76
12133.52

22-Jul-10
23-Jul-10
26-Jul-10
27-Jul-10
28-Jul-10
29-Jul-10
30-Jul-10
2-Aug-10
3-Aug-10
4-Aug-10
5-Aug-10
6-Aug-10
9-Aug-10
10-Aug-10
11-Aug-10
12-Aug-10
13-Aug-10
16-Aug-10
17-Aug-10
18-Aug-10
20-Aug-10
23-Aug-10
24-Aug-10
25-Aug-10
26-Aug-10
27-Aug-10
30-Aug-10
31-Aug-10
1-Sep-10
2-Sep-10
3-Sep-10
6-Sep-10
7-Sep-10
8-Sep-10
9-Sep-10
13-Sep-10
14-Sep-10
15-Sep-10
16-Sep-10
17-Sep-10
20-Sep-10

14.65
14.59
14.51
14.54
14.46
14.46
14.4
14.53
14.58
14.64
14.57
14.55
14.66
14.65
14.56
14.58
14.66
14.58
14.62
14.77
14.88
14.93
14.86
14.73
14.73
14.59
14.62
14.55
14.75
14.8
14.82
15.04
15.12
15.12
15.2
15.5
15.61
15.68
15.55
15.71
15.89

285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
285.0894
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
353.9125
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091

66

4176.559
4159.454
4136.647
4145.199
4122.392
4122.392
4105.287
5142.349
5160.045
5181.279
5156.505
5149.427
5188.358
5184.818
5152.966
5160.045
5188.358
5160.045
5174.201
5227.288
5266.218
5283.914
5259.14
5213.131
5213.131
5163.584
5174.201
5149.427
6220.209
6241.295
6249.729
6342.505
6376.242
6376.242
6409.978
6536.491
6582.879
6612.399
6557.577
6625.05
6700.958

12225.31
12175.24
12108.48
12133.52
12066.76
12066.76
12016.69
12125.17
12166.90
12216.97
12158.55
12141.86
12233.66
12225.31
12150.21
12166.90
12233.66
12166.90
12200.28
12325.45
12417.25
12458.97
12400.56
12292.07
12292.07
12175.24
12200.28
12141.86
12308.76
12350.49
12367.18
12550.76
12617.52
12617.52
12684.28
12934.63
13026.43
13084.84
12976.36
13109.87
13260.08

21-Sep-10
22-Sep-10
23-Sep-10
24-Sep-10
27-Sep-10
28-Sep-10
29-Sep-10
30-Sep-10
1-Oct-10
4-Oct-10
5-Oct-10
6-Oct-10
7-Oct-10
8-Oct-10
11-Oct-10
12-Oct-10
13-Oct-10
14-Oct-10
15-Oct-10
18-Oct-10
19-Oct-10
20-Oct-10
21-Oct-10
22-Oct-10
25-Oct-10
26-Oct-10
27-Oct-10
28-Oct-10
29-Oct-10
1-Nov-10
2-Nov-10
3-Nov-10
4-Nov-10
8-Nov-10
9-Nov-10
10-Nov-10
11-Nov-10
12-Nov-10
15-Nov-10
16-Nov-10
18-Nov-10

15.92
15.85
15.77
15.91
15.96
15.97
15.85
15.84
16.12
16.19
16.2
16.33
16.22
16.15
16.2
16.09
16.37
16.21
15.99
15.98
15.88
15.87
16.13
16.1
16.22
16.14
16
16.05
16
16.23
16.26
16.34
16.63
16.66
16.67
16.66
16.47
16.11
16.19
15.87
15.9

421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
421.7091
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
483.7438
545.3581
545.3581
545.3581
545.3581
545.3581
545.3581
545.3581
545.3581
545.3581
545.3581
545.3581
545.3581

67

6713.609
6684.089
6650.353
6709.392
6730.477
6734.694
6684.089
6679.872
7797.951
7831.813
7836.65
7899.537
7846.325
7812.463
7836.65
7783.438
7918.887
7841.488
7735.064
7730.227
7681.852
7677.015
7802.788
7788.276
7846.325
7807.626
7739.901
7764.089
7739.901
8851.162
8867.523
8911.151
9069.305
9085.666
9091.119
9085.666
8982.048
8785.719
8829.348
8654.833
8671.194

13285.12
13226.70
13159.94
13276.77
13318.50
13326.84
13226.70
13218.36
13452.02
13510.43
13518.78
13627.26
13535.47
13477.05
13518.78
13426.98
13660.64
13527.12
13343.53
13335.19
13251.74
13243.39
13460.36
13435.33
13535.47
13468.71
13351.88
13393.60
13351.88
13543.81
13568.85
13635.61
13877.61
13902.64
13910.99
13902.64
13744.09
13443.67
13510.43
13243.39
13268.43

19-Nov-10
22-Nov-10
23-Nov-10
24-Nov-10
25-Nov-10
26-Nov-10
29-Nov-10
30-Nov-10
1-Dec-10
2-Dec-10
3-Dec-10
6-Dec-10
7-Dec-10
8-Dec-10
9-Dec-10
10-Dec-10
13-Dec-10
14-Dec-10
15-Dec-10
16-Dec-10
20-Dec-10
21-Dec-10
22-Dec-10
23-Dec-10
24-Dec-10
27-Dec-10
28-Dec-10
29-Dec-10
30-Dec-10
31-Dec-10
3-Jan-11
4-Jan-11
5-Jan-11
6-Jan-11
7-Jan-11
10-Jan-11
11-Jan-11
12-Jan-11
13-Jan-11
14-Jan-11
17-Jan-11

15.62
15.86
15.65
15.49
15.28
15.14
15.3
15.45
15.73
15.82
15.75
15.75
15.71
15.56
15.15
15.34
15.48
15.61
15.46
15.5
15.44
15.55
15.55
15.53
15.53
15.49
15.49
15.61
15.7
15.81
15.9
15.85
15.7
15.57
15.24
14.85
14.82
15.06
14.87
14.6
14.51

545.3581
545.3581
545.3581
545.3581
545.3581
545.3581
545.3581
545.3581
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
608.9309
671.824
671.824
671.824
671.824
671.824
671.824
671.824
671.824
671.824
671.824
671.824

68

8518.493
8649.379
8534.854
8447.597
8333.072
8256.722
8343.979
8425.783
9578.483
9633.287
9590.662
9590.662
9566.304
9474.965
9225.303
9341
9426.25
9505.411
9414.072
9438.429
9401.893
9468.875
9468.875
9456.697
9456.697
9432.339
9432.339
9505.411
9560.215
9627.197
10682
10648.41
10547.64
10460.3
10238.6
9976.586
9956.431
10117.67
9990.023
9808.63
9748.166

13034.77
13235.05
13059.81
12926.29
12751.04
12634.21
12767.73
12892.91
13126.56
13201.67
13143.25
13143.25
13109.87
12984.70
12642.56
12801.11
12917.94
13026.43
12901.25
12934.63
12884.56
12976.36
12976.36
12959.67
12959.67
12926.29
12926.29
13026.43
13101.53
13193.32
13268.43
13226.70
13101.53
12993.05
12717.66
12392.21
12367.18
12567.45
12408.90
12183.59
12108.48

18-Jan-11
19-Jan-11
20-Jan-11
21-Jan-11
24-Jan-11
25-Jan-11
27-Jan-11
28-Jan-11
31-Jan-11
1-Feb-11
2-Feb-11
3-Feb-11
4-Feb-11
7-Feb-11
8-Feb-11
9-Feb-11
10-Feb-11
11-Feb-11
14-Feb-11
15-Feb-11
17-Feb-11
18-Feb-11
21-Feb-11
22-Feb-11
23-Feb-11
24-Feb-11
25-Feb-11
28-Feb-11
1-Mar-11
3-Mar-11
4-Mar-11
7-Mar-11
8-Mar-11
9-Mar-11
10-Mar-11
11-Mar-11
14-Mar-11
15-Mar-11
16-Mar-11
17-Mar-11
18-Mar-11

14.61
14.58
14.58
14.57
14.7
14.61
14.35
14.04
14.07
13.86
13.9
14.14
13.88
13.81
13.57
13.33
13.26
13.52
13.94
13.94
14.1
13.88
13.98
13.81
13.68
13.28
13.32
13.37
13.83
13.89
13.87
13.71
13.83
13.86
13.79
13.68
13.82
13.61
13.78
13.71
13.56

671.824
671.824
671.824
671.824
671.824
671.824
671.824
671.824
671.824
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
743.9741
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807

69

9815.348
9795.194
9795.194
9788.475
9875.813
9815.348
9640.674
9432.409
9452.563
10311.48
10341.24
10519.79
10326.36
10274.28
10095.73
9917.174
9865.096
10058.53
10371
10371
10490.03
10326.36
10400.76
10274.28
10177.57
9879.976
9909.735
9946.933
11289.16
11338.14
11321.81
11191.21
11289.16
11313.65
11256.51
11166.72
11281
11109.58
11248.35
11191.21
11068.77

12191.93
12166.90
12166.90
12158.55
12267.04
12191.93
11974.97
11716.27
11741.31
11566.06
11599.44
11799.72
11582.75
11524.34
11324.06
11123.78
11065.37
11282.34
11632.82
11632.82
11766.34
11582.75
11666.20
11524.34
11415.86
11082.06
11115.44
11157.16
11541.03
11591.10
11574.41
11440.89
11541.03
11566.06
11507.65
11415.86
11532.68
11357.44
11499.30
11440.89
11315.72

21-Mar-11
22-Mar-11
23-Mar-11
24-Mar-11
25-Mar-11
28-Mar-11
29-Mar-11
30-Mar-11
31-Mar-11

13.56
13.69
13.85
13.94
14.21
14.27
14.36
14.54
14.56

816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807
816.2807

11068.77
11174.88
11305.49
11378.95
11599.35
11648.33
11721.79
11868.72
11885.05

11315.72
11424.20
11557.72
11632.82
11858.14
11908.21
11983.31
12133.52
12150.21

16000

14000

12000

10000

8000

6000

4000

2000

Interpretation:

SIP A mount

3/ 7/ 2011

3/ 21/2011

2/ 21/2011

2/ 7/ 2011

1/ 24/2011

1/ 10/2011

12/27/ 2010

12/13/ 2010

11/29/ 2010

11/15/ 2010

11/1/2010

10/18/ 2010

10/4/2010

9/ 20/2010

9/ 6/ 2010

8/ 23/2010

8/ 9/ 2010

7/ 26/2010

7/ 12/2010

6/ 28/2010

6/ 14/2010

5/ 31/2010

5/ 17/2010

5/ 3/ 2010

4/ 19/2010

4/ 5/ 2010

One Time Investment A mount

It was found that when a person invests 1000 Rs. Monthly in SBI Blue Chip Fund
he will get 11885.05 after one year and if the person invests 12000 at the
beginning of the year he will get Rs. 12150.21. This fund has given lesser returns
as compared to fixed deposits and other investment instruments.
70

71

CUSTOMER SURVEY
Q1. What is your Occupation?
Occupation
Private Job
Govt. Job
Business
Retired

Respondents
32
20
26
22

35
30
25
20
15
10
5
0
Private Job

Govt. Job

Business

Retired

Interpretation:
32% of the respondents were in Private Job, 20% of the respondents were in Govt.
Jobs, 26% of the respondents were doing Business and 22% of the respondents
were Retired persons.

72

Q2.

What is your annual Income ?

Options
Less than 1.5 Lacs
1.5 Lacs to 2.5 Lacs
3.5 Lacs and 5
5 Lac and Above

Percentage of Respondents
36
34
22
8

40
35
30
25
20
15
10
5
0
Less than 1.5 Lacs

1.5 Lacs to 2.5

Lacs

3.5 Lacs and 5

5 Lac and Above

Interpretation:
Income of 36% of the respondents surveyed is less than 1.5 Lacs, but for 34% of
the respondents income is between 1.5 Lacs to 2.5 Lacs and income of 22%
respondents surveyed is from 3.5 Lacs and above.

73

Q3.

What do you consider the most important parameters while investing?

Options
Returns
Lower Risk Factor
Credit Rating
Inflation
Company
Lock in Period

Percentage of Respondents
26
28
10
8
18
10

30

25

20

15

10

0
Returns

Lower Risk
Factor

Credit
Rating

Inflation

Company

Lock in
Period

Interpretation :
28% of the respondents see that the investment is risk free, 26% of the respondents
looks for returns before investing,18% go for the companys position before
investing.

74

Q4.

Reason for Preferring a Particular Companys Mutual Fund ?

Options
Returns
Lower Risk
Credit Rating
Inflation
Company
Lock in Period

Percentage of Respondents
20
16
12
14
30
8

30

25

20

15

10

0
Returns

Lower Risk Credit Rating

Inflation

Company

Lock in
Period

Interpretation :
20% of the respondents want to invest in a particular companys Mutual Fund
because of more returns, 30% due to its reputation in market.

75

Q5.

How do you rate the returns in One Time Investment as compared to SIP?

Options
Good
Average
Poor

Percentage of Respondents
50
32
18
Poor
18%

Good
50%

Average
32%

Interpretation:
50% of the respondents say that returns in One Time Investment Plans gives better
than SIP, 32% of the respondents have averagely rated One Time Investment
Plans in terms of returns.

76

Q6.

Give reasons for investing in Systematic Investment Plans?

Options
Less investment amount is required
Systematic Investment Has less risk
Other Reasons

Percentage of Respondents
36
48
16

Poor
20%

Good
50%

Average
30%

Interpretation:
48% of the respondents say that Systematic Investment has less risk, 36% of the
respondents say that Systematic Investment Plan requires less investment amount.

77

Q7.

Which Plan do you Prefer because of Returns in SBI / Escort Mutual?

Options
One Time Investment
Systematic Investment

SBI
78
22

Escort
76
24

Plan
80
70
60
50
40
30
20
10
0
One Time Investment

Systematic Investment
Plan
SBI

Poor

Escort

Interpretation:
Most of the respondents prefer One Time Investment Plans because of More
returns in SBI and Escort Mutual Funds.

78

Q8.

How do you rate SBI / Escort Mutual Fund on the basis of Risk exposure?

Options
Less Risk
More Risk

SBI
54
46

Escort
38
62

70
60
50
40
30
20
10
0
Less Risk

More Risk
SBI

Escort

Interpretation:
54% of the respondents say that SBI Mutual Fund has less risk, 38% of the
respondents say that Escort has less risk.

79

Q9.

How do you rate SBI / Escort Mutual Fund on the basis of Fund Portfolio?

Options
Good
Average
Poor

SBI
62
22
16

Escort
32
48
20

70

60

50

40

30

20

10

0
Good

Interpretation:

Average
SBI

Poor

Escort

62% of the respondents say that Portfolio of SBI Mutual Fund is better than Escort
Mutual Funds, 32% of the respondents have rated Portfolio of Escort Mutual fund
better than SBI Mutual Fund.

80

Q10. How do you rate SBI

/ Escort Mutual Fund on the basis of Repurchase

Price?
Options
Good
Average
Poor

SBI
40
36
24

Escort
34
38
28

40
35
30
25
20
15
10
5
0
Good

Interpretation:

Average
SBI

Poor

Escort

Repurchase price of Infrastructure Fund of SBI is better than repurchase price of

Escort Mutual Funds.

81

Q11. Your overall experience with SBI / Escort Mutual Fund ?

Options
Satisfactory
Average
Dissatisfactory

SBI
40
36
24

Escort
34
38
28

40
35
30
25
20
15
10
5
0
Satisfactory

Average
SBI

Dissatisfactory

Escort

Interpretation:
40% of the respondents have rated SBI Mutual Fund as satisfactory, 36% of the
respondents have averagely rated SBI Mutual Fund, 24% of the respondents are
dissatisfied with SBI Mutual Fund.
34% of the respondents are satisfied with Escort Mutual fund, 38% of the
respondents have averagely rated mutual fund schemes of Escort.
This shows that Investors prefer SBI Mutual Funds more as compared to Escort
Mutual Funds

82

OBSERVATIONS
&
FINDINGS

83

OBSERVATIONS & FINDINGS

ANALYSIS ON THE BASIS OF NAV:
It was found that when a person invests 1000 Rs. Monthly in Escort Growth
scheme he will get 6243.37099 after one year and if the person invests
12000 at the beginning of the year he will get Rs. 11917.24721. This shows
bad performance of the fund.
It was found that when a person invests 1000 Rs. Monthly in Escort
Leading Fund Growth scheme he will get 11993.72803 after one year and if
the person invests 12000 at the beginning of the year he will get Rs.
12092.4949. This fund has given lesser returns as compared to fixed
deposits and other investment instruments.
It was found that when a person invests 1000 Rs. Monthly in SBI Magnum
Equity Fund he will get 12315.39 after one year and if the person invests
12000 at the beginning of the year he will get Rs. 13001.23. This fund has
given lesser returns as compared to fixed deposits and other investment
instruments.
It was found that when a person invests 1000 Rs. Monthly in SBI Blue
Chip Fund he will get 11885.05 after one year and if the person invests
12000 at the beginning of the year he will get Rs. 12150.21. This fund has
given lesser returns as compared to fixed deposits and other investment
instruments.
CUSTOMER SURVEY:
32% of the respondents were in Private Job, 20% of the respondents were
in Govt. Jobs, 26% of the respondents were doing Business and 22% of the
respondents were Retired persons.

84

 Income of 36% of the respondents surveyed is less than 1.5 Lacs, but for
34% of the respondents income is between 1.5 Lacs to 2.5 Lacs and income
of 22% respondents surveyed is from 3.5 Lacs and above.
28% of the respondents see that the investment is risk free, 26% of the
respondents looks for returns before investing,18% go for the companys
position before investing.
20% of the respondents want to invest in a particular companys Mutual
Fund because of more returns, 30% due to its reputation in market.
50% of the respondents say that returns in One Time Investment Plans
gives better than SIP, 32% of the respondents have averagely rated One
Time Investment Plans in terms of returns.
48% of the respondents say that Systematic Investment has less risk, 36%
of the respondents say that Systematic Investment Plan requires less
investment amount.

Most of the respondents prefer One Time Investment Plans because of

More returns in SBI and Escort Mutual Funds.

54% of the respondents say that SBI Mutual Fund has less risk, 38% of the
respondents say that Escort has less risk.

62% of the respondents say that Portfolio of SBI Mutual Fund is better than
Escort Mutual Funds, 32% of the respondents have rated Portfolio of Escort
Mutual fund better than SBI Mutual Fund.

Repurchase price of Infrastructure Fund of SBI is better than repurchase

price of Escort Mutual Funds.

40% of the respondents have rated SBI Mutual Fund as satisfactory, 36%
of the respondents have averagely rated SBI Mutual Fund, 24% of the
respondents are dissatisfied with SBI Mutual Fund.

34% of the respondents are satisfied with Escort Mutual fund, 38% of the
respondents have averagely rated mutual fund schemes of Escort. This

85

shows that Investors prefer SBI Mutual Funds more as compared to Escort
Mutual Funds

86

CONCLUSION
&
SUGGESTIONS

87

CONCLUSIONS
Systematic Investment Plan is a service option that allows investors to invest on a
regular schedule, usually through bank account deductions.
It was found that systematic investment plan give less return as compared to One
Time Investment plans. It was found that SBI Mutual Funds are giving better
returns as compared to Escort Mutual Funds.
It was also observed that due to market movements SBI and Escort Mutual funds
have not performed well.
Investors have also rated SBI better in terms of returns, schemes and risk as
compared to Escort Mutual Funds.

88

SUGGESTIONS
Analysis of schemes must be done before investing.
If the investors dont have enough money to invest in one time
investment plan they must invest systematically as money gives good
returns.
Systematic investment must be promoted by the AMCs.
Industry as whole should try to boast up the investor's confidence by
not repeating mistakes made in past.
It should try to attract more & more retail investors, who are the
backbone & provide stability & growth of the mutual fund industry.
Ethical challenges should be addressed more strategically.
Finally my sincere advice to investors is that before just blindly
investing investor should try to identify funds, evaluate past
performance, look for consistency , diversify, monitor & review.

89

BIBLIOGRAPHY

90

BIBLIOGRAPHY
Books:
Kothari, C.R (2001):Research Methodology, Vishwa Publication., New Delhi

Sharma & Gupta, 2006, Financial Management, Kalyani Publication.

The Institute of Chartered Financial Analysts of India, Publication

The Institute of Chartered Financial Analysts (U.S.A.), Publication

National Stock Exchange of India L.T.D., Publication,

Bombay stock Exchage , Publication.

Websites
www.amfindia.com

91

ANNEXURE

92

QUESTIONNAIRE
Name

_________________________________

Address

_________________________________

Contact No.

_________________________________

Q1. What is your Occupation?

a.

Private Job

b.

Govt. Job

c.

Business

d.

Retired

Q2.

What is your annual Income ?

a.

Less than 1.5 Lacs

b.

1.5 Lacs to 2.5 Lacs

c.

3.5 Lacs and 5

d.

5 Lac and Above

Q3.

What do you consider the most important parameters while investing?

a.

Returns

b.

Lower Risk Factor

c.

Credit Rating

d.

Inflation

e.

Company

f.

Lock in Period

Q4.

Reason for Preferring a Particular Companys Mutual Fund ?

a.

Returns

b.

Lower Risk

c.

Credit Rating

d.

Inflation

e.

Company

f.

Lock in Period

Q5.

How do you rate the returns in One Time Investment as compared to SIP?

a.

Good

Q6.

Give reasons for investing in Systematic Investment Plans?

a.

Less investment amount is required

b.

Systematic Investment Has less risk

b.

Average

93

c.

c.

Poor

Other Reasons

Q7.

Which Plan do you Prefer because of Returns in SBI / Escort

Mutual?

One Time Investment

Systematic Investment
Plan
Q8.

Escort
[ ]
[ ]

How do you rate SBI / Escort Mutual Fund on the basis of Risk exposure?

Less Risk
More Risk
Q9.

SBI
[ ]
[ ]

SBI
[ ]
[ ]

Escort
[ ]
[ ]

How do you rate SBI / Escort Mutual Fund on the basis of Fund Portfolio?

Good
Average
Poor

SBI
[ ]
[ ]
[ ]

Escort
[ ]
[ ]
[ ]

Q10. How do you rate SBI / Escort Mutual Fund on the basis of Repurchase Price?
Good
Average
Poor

SBI
[ ]
[ ]
[ ]

Escort
[ ]
[ ]
[ ]

Q11. Your overall experience with SBI / Escort Mutual Fund ?

Satisfactory
Average
Dissatisfactory

SBI
[ ]
[ ]
[ ]

Escort
[ ]
[ ]
[ ]

94