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GROUP - 07 T.Y.B.B.

Operating cycle of mutual fund

Type of Mutual Fund Schemes On the Basis of operation Open Ended Funds Close Ended Funds Income Funds Growth Funds On the basis of Investment Specialized fund Money market mutual fund

Balanced Funds

Taxation fund

Channelizing savings for investment Offering wide portfolio investment Expertise investment service at low cost Offering tax benefits Simplified record keeping Supports the capital market Promote the industrial development & growth Keeps the money market active

DISPARITY BETWEEN NAV AND LISTED PRICES NO PROPER FORMULA FOR NAV CALCULATION

INVESTORS PSYCHOLOGY

DRAWBACKS OF
MUTUAL FUND
POOR SERVICE TO STAFF LACK OF TRANSPARENCY

ABSENCE OF SALES FOR STAFF

TOO MUCH DEPENDENT ON OUTSIDE AGENCIES

SPONSOR TRUSTEE AMC CUSTODIAN & REGISTRAR ON TRANSFER AGENTS SEBI AMFI

Checking the aim of funds

Checking the performance of fund as routine manner

To see the background of the company

Find out the cost of operation

To see the other facilities provided to investors by the fund

To check out the transperancy of company

Select the best one among alternatives

chopra.rajiv@icai.org

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