PROJECT REPORT ON

MUTUAL FUND INDUSTRY IN INDIA

SUBMITTED BY:
SAMARTH BAJORIA
MMS SEM-IV
UNIVERSITY OF MUMBAI
2008-10

UNDER THE GUIDANCE OF:

PROF. DATE

N.L.DALMIA INSTITUE OF MANAGEMENT

STUDIES & RESEARCH
Sector-1, Srishti, Mira Road (East),

Mumbai 401 104

 N.L.DALMIA INSTITUE OF MANAGEMENT
STUDIES & RESEARCHES

CERTIFICATE
This is to certify that Samarth Bajoria, student of MMS batch of

N.L.Dalmia Institute Of Management Studies And Research

has satisfactorily completed the project on

MUTUAL FUND INDUSTRY IN INDIA

under my supervision and guidance as fulfillment of requirement of

Masters In Management Studies (MMS course),

Mumbai University in the academic year 2008-10.

Prof. Date Prof.P.L.Arya.

Project Guide Director

ACKNOWLEDGEMENT
With a deep sense of pride and satisfaction, I
present my project on
MUTUAL FUND INDUSTRY IN INDIA
First and foremost , I would like to thank Prof. Date
for sharing his insights on the topic

I would also like to thank other faculty and

staff members whose teaching and guidance

has helped me in accomplishing his task.

I am also thankful to various authors and research

analysts for publishing a large quantity of

information, which improved the quality of my

project.

And I wish all my batch-mates and juniors the very

best in life.
 INDEX

Sr. no. Topics Page no.

1. Mutual Funds: An Overview 2
2. 3
Structure of a Mutual Fund in India
3. Regulatory framework 7
4. Who can invest in Mutual Funds in 8
India?
5. NAV of a scheme 9
6. Evolution of Mutual Funds in India 11
7. Types of Mutual Fund schemes 15
8. Investment Options of a Mutual Fund 22
9. Advantages & Disadvantages of a 27
Mutual Fund
10. Mutual Fund Companies in India 29

11. Tax benefits to the investor 30

12. Measuring and evaluating MF 35
performance
13. Vital stats: Alpha and Beta 41
14. 42
Comparative Analysis of performance
of various schemes
15. Recent performance of Mutual Fund 50
industry in India
16. Budgetary impact on Mutual Fund 51
investors
17. Future Scenario of Mutual Fund 52
industry in India
18. Conclusion 54
19. Bibliography 55