Risk Return Analysis and Comparative Study of Mutual Funds
First Progress Report
TITLE:-
Risk returns analysis and comparative study of mutual fund.
COMPANY OVERVIEW:-
HDFC Asset Management Company Limited (AMC)
HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on December 10, 1999, and was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI vide its letter dated July 3, 2000.
The registered office of the AMC is situated at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Back bay Reclamation, Church gate, Mumbai - 400 020.
In terms of the Investment Management Agreement, the Trustee has appointed the HDFC Asset Management Company Limited to manage the Mutual Fund. The paid up capital of the AMC is Rs. 25.241 crore as on March 31, 2013.
The equity shareholding pattern of the AMC as on March 31, 2013 is as follows : Particulars | % of the paid up equity capital | Housing Development Finance Corporation Limited | 59.81 | Standard Life Investments Limited | 39.87 | Other Shareholders (shares issued on exercise of Stock Options) | 0.32 | | |
Zurich Insurance Company (ZIC), the Sponsor of Zurich India Mutual Fund, following a review of its overall strategy, had decided to divest its Asset Management business in India. The AMC had entered into an agreement with ZIC to acquire the said business, subject to necessary regulatory approvals.
On obtaining the regulatory approvals, the following Schemes of Zurich India Mutual Fund have migrated to HDFC Mutual Fund on June 19, 2003. These Schemes have been renamed as follows: Former Name | New Name | Zurich India Equity Fund | HDFC Equity Fund | Zurich India Prudence Fund | HDFC Prudence Fund | Zurich India Capital Builder Fund | HDFC Capital Builder Fund | Zurich India TaxSaver Fund | HDFC TaxSaver | Zurich India Top 200 Fund | HDFC Top 200 Fund | Zurich India High Interest Fund | HDFC High Interest Fund | Zurich India Liquidity Fund | HDFC Cash Management Fund |
TITLE:-
Risk returns analysis and comparative study of mutual fund.
COMPANY OVERVIEW:-
HDFC Asset Management Company Limited (AMC)
HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on December 10, 1999, and was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI vide its letter dated July 3, 2000.
The registered office of the AMC is situated at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Back bay Reclamation, Church gate, Mumbai - 400 020.
In terms of the Investment Management Agreement, the Trustee has appointed the HDFC Asset Management Company Limited to manage the Mutual Fund. The paid up capital of the AMC is Rs. 25.241 crore as on March 31, 2013.
The equity shareholding pattern of the AMC as on March 31, 2013 is as follows : Particulars | % of the paid up equity capital | Housing Development Finance Corporation Limited | 59.81 | Standard Life Investments Limited | 39.87 | Other Shareholders (shares issued on exercise of Stock Options) | 0.32 | | |
Zurich Insurance Company (ZIC), the Sponsor of Zurich India Mutual Fund, following a review of its overall strategy, had decided to divest its Asset Management business in India. The AMC had entered into an agreement with ZIC to acquire the said business, subject to necessary regulatory approvals.
On obtaining the regulatory approvals, the following Schemes of Zurich India Mutual Fund have migrated to HDFC Mutual Fund on June 19, 2003. These Schemes have been renamed as follows: Former Name | New Name | Zurich India Equity Fund | HDFC Equity Fund | Zurich India Prudence Fund | HDFC Prudence Fund | Zurich India Capital Builder Fund | HDFC Capital Builder Fund | Zurich India TaxSaver Fund | HDFC TaxSaver | Zurich India Top 200 Fund | HDFC Top 200 Fund | Zurich India High Interest Fund | HDFC High Interest Fund | Zurich India Liquidity Fund | HDFC Cash Management Fund |