MUTUAL FUNDS

Paper Code: 
MFM425
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable students to Analyze mutual fund performance metrics, evaluate legal frameworks, apply financial planning principles, formulate marketing strategies, and assess fund performance while ensuring investor protection.

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

title

24MFM425

 

Mutual Funds

(Theory)

CO707: Analyse the performance of mutual funds and compare them with equity and bond instruments, utilizing quantitative measures such as expense ratio, income ratio, and portfolio turnover rate, to make informed investment decisions.

CO708: Evaluate the roles and responsibilities of key constituents in the mutual fund industry

CO709: Apply principles of net asset value calculation, accounting, valuation, and tax implications in mutual fund investments to develop comprehensive financial plans

CO710: Formulate effective fund distribution and channel management strategies, considering investor preferences and market dynamics

CO711: Assess the performance of mutual funds through benchmarking and quantitative measures.

CO712: Contribute effectively in course-specific interaction

 

Approach in teaching:

Interactive Lectures, Group Discussion, Tutorials, Case Study

Learning activities for the students:

Self-learning assignments,

presentations 

.Class test, Semester end examinations, Quiz, Assignments, Presentation

 

12.00
Unit I: 
Concept of Mutual Funds

Introduction: Investment avenues, concept and role of mutual fund,
comparison of mutual fundwith equity and bond instruments and history of MF in India. Different types of funds: Scheme selection, expense
ratio, income ratio, portfolio turnover rate and transaction costs.

12.00
Unit II: 
Structure, Key Constituents & Legal -Regulatory Framework

Structure and key constituents of mutual fund: Sponsor, trustees, AMC, custodians, Depositories and distributors. Legal and regulatory frame work: AMFI, RBI and Companies Act.

12.00
Unit III: 
Net Asset Value & Financial Planning

Net Asset Value: Calculation of NAV, accounting, valuation and tax implications. Financial planning: Overview of financial plan, financial planning strategies, asset allocation and wealth management.

12.00
Unit IV: 
Marketing of Units & Portfolio Management

Marketing of units: Selecting the right investment products for investors, fund distribution and channel management practices.
Portfolio management: Risk & return trade off and risk adjusted returns.

12.00
Unit V: 
Fund Performance & Investor Protection

Measuring fund performance: Bench marking and quantitative measures used for analysis. Protection of investors: RTI, customer grievances.

*Case studies related to entire topics are to be taught.

Essential Readings: 

Sundar Sankaran, Indian Mutual Funds Hand book .
Ruther ford Ronald K., The Complete Guide to Managing a Portfolio of
Mutual Funds

References: 

SUGGESTED READINGS:

· John. C. Bogle, Common Sense on Mutual Funds

· 

· Dr. Susanta Kumar Mishra, A Guide to Indian Mutual Fund Investment

E-RESOURCES:

· The Securities and Exchange Board of India (SEBI) website for regulatory information, guidelines, and updates on mutual funds in India.

· The Association of Mutual Funds in India (AMFI) website for insights, research reports, and industry news.

JOURNALS:

· Journal of Finance

· Journal of Financial Economics 

Academic Year: 
2024-2025
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