Project Work on Mutual Funds and ULIPS
-
Upload
danishreza -
Category
Documents
-
view
216 -
download
0
Transcript of Project Work on Mutual Funds and ULIPS
-
8/8/2019 Project Work on Mutual Funds and ULIPS
1/6
PUNJAB TECHNICAL
UNIVERSITY
A
Project
On
Mutual Funds & ULIPS
In partial fulfillment of the requirement of two years full time
Masters of Business Administration (MBA) Program
(2009-2011)
Of
Asian Business School, Noida
201301
UNDER THE GUIDENCE OF: SUBMITTED BY:
-
8/8/2019 Project Work on Mutual Funds and ULIPS
2/6
PROF.LALITHA RAVI HEERA SINGH3
rdSemester
CONTENTS
S.No. Particulars Page No.
1 Mutual Funds An overview 1-3
2 How does Mutual fund Work? 4
3 Basic Terminologies of Mutual Funds 5-7
4 Types of MF Schemes 8-15
5 Types Of Return 16
6 NAV - Calculation 17-18
7 List OF Mutual Funds Companies InIndia 19
8 Advantages of Mutual Funds 20-21
9 Disadvantages of Mutual Funds 22
10 Mutual Funds Industry In India 23-26
11 Growth of Asset Under Management 27
12 SWOT Analysis 28-29
13 Special Feature!
Unit Linked Insurance Products
30-31
-
8/8/2019 Project Work on Mutual Funds and ULIPS
3/6
-An Introduction
15 Insurance Industry Profile 32-33
16 Purpose & Need of Insurance 34
17 Insurance Regulatory And
Development Authority(IRDA)
35
18 Role Of Life Insurance 36-37
19 Advantages Of Life Insurance 38-39
20 Working Of ULIPs 40-41
21 Charges, Fee & Deductions In ULIPs 42-43
22 Unit Funds 44-45
23 SEBI-IRDA Tiff Who wins who loses 46-49
24 Bibliography 50
-
8/8/2019 Project Work on Mutual Funds and ULIPS
4/6
PREFACE
Investing money where the risk is less has always been risky to decide.
The first factor, which an investor would like to see before investing, is risk
factor. Diversification of risk gave birth to the phenomenon called Mutual
Fund. We are preparing comprehensive report of Mutual Fund industry in
India. The basic idea of assignment of this project is to augment our
knowledge about the industry in its totality and appreciate the use of an
integrated loom. It is concerned the environmental issues and tribulations.
This makes us more Conscious about Industry and its pose and makes us
capable of analyzing Industrys position in the competitive market. This may
also enhance our logical abilities. The Mutual Fund Industry is in the
growing stage in India, which is evident from the flood of mutual funds
offered by the Banks, Financial Institutes & Private Financial Companies.
Unit linked insurance plan (ULIP) is life insurance solution that provides for
the benefits of risk protection and flexibility in investment. The investment is
denoted as units and is represented by the value that it has attained called
as Net Asset Value (NAV). The policy value at any time varies according to
-
8/8/2019 Project Work on Mutual Funds and ULIPS
5/6
the value of the underlying assets at the time. In a ULIP, the invested
amount of the premiums after deducting for all the charges and premium
for risk cover under all policies in a particular fund as chosen by the policy
holders are pooled together to form a Unit fund. A Unit is the component of
the Fund in a Unit Linked Insurance Policy. The returns in a ULIP depend
upon the performance of the fund in the capital market. ULIP investors
have the option of investing across various schemes, i.e., diversified equity
funds, balanced funds, debt funds etc. It is important to remember that in a
ULIP, the investment risk is generally borne by the investor. In a ULIP,
investors have the choice of investing in a lump sum (single premium) or
making premium payments on an annual, half-yearly, quarterly or monthly
basis. Investors also have the flexibility to alter the premium amounts
during the policy's tenure.
There are various aspects, which have been studied in detail in the project
and have been added to this project report. Hope this report would help
one understand the Mutual Fund Industry and ULIPS of India in detail.
-
8/8/2019 Project Work on Mutual Funds and ULIPS
6/6
ACKNOWLEDGEMENT
I am indebted to a multitude of persons who have provided me
with valuable help during our endeavor of research. The project
would not have seen the illumination of the day without the efforts
of the many who managed the show in the wings. I am thankful to
all people who have put in great efforts and gave me guidance forthe successful completion of the project.
I am indeed grateful to Prof.Lalitha Ravi for providing me the
guidance, advice, constructive suggestions and faith in my ability
inspired to perform well who gave me a valuable opportunity of
involving me in studying this project. Preparing a project of this
nature is an arduous task and I am fortunate enough to get
support from a large number of people to whom we shall always
remain grateful.
Finally, I thank all those who directly and indirectly contributed tothis project.
Heera Singh