MUTUAL FUNDS

SIMPLIFIEDSelf made by: Suhail and Rizwan

MUTUAL FUNDS

• The genesis of the mutual fund industry in India can be traced back to 1964 with the setting up of the Unit Trust of India (UTI) by the Government of India

• Mutual – Common to two or more• Funds – An invested sum, whose income is devoted

to a specific object• A mutual fund is a company that brings together

money from many people and invests it in stocks, bonds or other assets

Why invest in Mutual Funds?

• Professional investment management

• Low Cost• Diversification• Convenience and

Flexibility• Liquidity• Transparency• Variety• Choosing a fund• Past performance• Know your fund

manager• Read the prospectus• What it costs you?

STOCK BROKERS

Mutual fund co. or AMC

Types of Mutual Funds

Examples for open ended schemes

• UTI Gilt Advantage Fund - Long Term Plan – Growth• PSU Bank Benchmark Exchange Traded Scheme• Axis Short Term Fund - Retail – Growth• Fortis Money Plus Fund – Growth• Kotak Global Emerging Market Fund – Growth• Religare Mid N Small Cap Fund – Growth and more…

Examples for close ended schemes

• ING OptiMix Dynamic Multi Manager FoF Scheme – Growth• Fortis Multi Manager Fund - Series 3 – Growth• SBI Magnum Debt Fund Series - 180 Days - 9 – Growth• SBI Magnum Debt Fund Series - 90 Days - 33 – Growth• SBI Magnum Debt Fund Series - 370 Days - 3 – Growth and

more..

Equity fund Examples

• LARGE CAP »• Fidelity Equity Fund (G)• UTI Opportunities Fund

(G)• ICICI Pru Focused

Bluechip Eqty (G)• SMALL AND MID CAP »• IDFC Premier Equity - A

(G)• Birla Sun Life MNC

Fund (G)

DEBT or Income fund Examples

• DEBT LONG TERM »• SBI Dynamic Bond

Fund• UTI Bond Fund• DEBT SHORT TERM

»• JPMorgan Short

Term Income• Religare Credit

Oppor.- RP