Summer Internship Report on Mutual Fund : Performance Evolution & Marketing

SUMMER TRAINING REPORT
On
Mutual Fund: Performance evolution & Marketing Submitted in partial fulfillment of the requirements of the two year
Post Graduate Programme (PGP).

Submitted by
BIBHUTI JHA
Roll No: PGS20090080
Batch: 2009-2011 IILM Institute for Higher Education

Under The guidance of
Mr. Sunil Sharma
Branch Manager
Aditya Birla Money Mart Ltd, Faridabad
TABLE OF CONTENTS

S. NO | PARTICULARS | PAGE NO | 1 | ACKNOWLEDGEMENT | 3 | 2 | DECLARATION | 4 | 3 | EXECUTIVE SUMMARY | 5 | 4 | OBJECTIVES | 7 | 5 | SCOPE OF THE STUDY | 8 | 6 | METHODOLOGY | 8 | 7 | INTRODUCTION | 9 | 8 | RETORN FROM MUTUAL FUND | 11 | 9 | TYPE OF MUTUAL FUND | 12 | 10 | MAJAR PLAYER: INDIAN MUTUAL FUND COMPANIES | 16 | 11 | SIP: THE SYSTEMATIC INVESTMENT PLAN | 19 | 12 | COMPANY PROFILE : ADITYA BIRLA MONEY | 22 | 13 | MANAGEMENT TEAM | 24 | 14 | BACKGROUND | 25 | 15 | INITIAL METHODA OF INVESTMENT | 33 | 16 | DATA | 52 | 17 | REGRESSION | 61 | 18 | BIBLIOGRAPHY | 69 | 19 | ANNEXURE | 71 | 20 | PASSAGE TO ABMML, FARIDABAD | 101 |

ACKNOWLEDGEMENT
The success of any research study depends upon a number of factors among which the proper guidance from the experts in the industry and a faculty plays an important role.
I take this opportunity to convey our sincere thanks and gratitude to all those who have directly or indirectly helped and contributed towards the completion of this project.

I take here a great opportunity to express my sincere and deep sense of gratitude to Mr. Abhishek Joshi (RSM – Aditya Birla Money Mart Ltd) for giving me an opportunity to work on this project. The support & guidance from Sir, was of great help & it was extremely valuable.

I wish to place on record my deep sense of gratitude to Mr. Sunil Sharma a highly esteemed and distinguished mentor for his expert advice and help.

I take this platform

Bibliography: Lynch, Anthony W et Al (2002). “Does Mutual Fund Performance Vary over the Business Cycle?” ”, www.ssrn.com, paper no.470783 and PP.1-21 Websites Appendix 2 Table 1: Average Returns for the period ending from 14th May, 2005 to 1st September, 2006 Table 2: Average Returns for the period ending from 27th September, 2006 to 13th February, 2009 Appendix 3 Table 3: Absolute Returns for the period ending from 14th May, 2005 to 1st September, 2006 Table 4: Absolute Returns for the period ending from 27th September, 2006 to 13th February, 2009 Appendix4 Table 5: Standard deviation of returns for the period ending from 14th May, 2005 to 1st September, 2006 Table 6: Standard deviation of returns for the period ending from 27th September, 2006 to 13th February, 2009 Appendix 5 Table 7: Betas for the period ending from 14th May, 2005 to 1st September, 2006 Table 8: Betas for the period ending from 27th September, 2006 to 13th February, 2009