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SUMMER INTERNSHIP PROJECT
ON
“A STUDY ON MUTUAL FUNDS AT ADITYA
BIRLA GROUP”
Internship Project report submitted in partial fulfillment of
the requirement for the award of the degree of
MASTEROF BUSINESS ADMINISTRATION
By
SHRADDHA TIWARI
MBA 2nd^ Year 3rd^ Semester
Roll No. 226315
Under the Esteemed Guidance of
Industry Supervisor:
Mr. Atul Tiwari
Faculty Supervisor:
Dr. Taruna
DEPT. OF MANAGEMENT STUDIES
BABASAHEB BHIMRAO AMBEDKAR UNIVERSITY VIDYA
VIHAR, RAEBARELI ROAD, LUCKNOW- 226025
AUGUST 2023
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STUDENT’S DECLARATION
I, SHRADDHA TIWARI Roll No: 226315 hereby declare that the Summer Internship Project Report titled “A STUDY ON MUTUAL FUNDS AT ADITYA BIRLA GROUP” is submitted by me in partial fulfillment of the requirement for the award of the degree of Master of Business Administration under the guidance of (Faculty supervisor Dr. Taruna ( Professor ) and (Industry supervisor Mr. Gaurav Rikhari. I confirm that this Report has not been submitted to any other University or Institution in full or in part for the award of any Degree or Diploma. Place: Date: SIGNATURE SHRADDHA TIWARI ,
iv Babasaheb Bhimrao Ambedkar University (A Central University), Lucknow CERTIFICATE This is to certify that SHRADDHA TIWARI Roll No 226315 worked under my supervision for the Project Report titled “A STUDY ON MUTUAL FUNDS AT ADITYA BIRLA GROUP” during the academic year 2023, in partial fulfilment of the requirement for the award of the degree of Master of Business Administration. Signature of the Student Signature of Faculty Supervisor Signature of the HOD
v ACKNOWLEDGEMENT Like most effective endeavours, preparing this project was a collaborative effort. I owe a great debt to many individuals who helped me in successful completion of this project. I would not have completed this journey without the help, guidance and constant support and co- operation of certain people who acted as guides and friends along the way. I would like to express my deepest and sincere thanks to Dr. Taruna (Professor) DEPARTMENT OF MANAGEMENT STUDIES for their invaluable guidance and help. It would never have been possible for me to take this project to this level without their innovative ideas and their relentless support and encouragement. In this connection I would like to express my gratitude to my parents and friends who were constant source of inspiration during the project report. At last I thank to Almighty for giving me the power to complete this project successfully.
SHRADDHA TIWARI
MBA 2nd^ Year, 3rd^ Semester ROLL NO- 226315
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TABLE OF CONTENT
SR. NO. TITLE Page No.
1. INTRODUCTION
2. COMPANY PROFILE
3. OBJECTIVES OF THE STUDY
4. RESEARCH METHODOLOGY
5. DATA ANALYSIS AND INTERPRETATION
6. FINDINGS
7. SUGGESTIONS
8. CONCLUSIONS
9. QUESTIONNAIRE
INTRODUCTION
Shared reserve is a system for pooling the assets by giving units to the financial backers and putting subsidizes in protections as per targets as revealed in offer report. Interests in protections are spread across a wide cross-segment of ventures and areas and in this way the gamble is decreased. Enhancement lessens the gamble since all stocks may not move in a similar bearing in a similar extent simultaneously. Shared reserve issues units to the financial backers as per quantum of cash contributed by them. Financial backers of common assets are known as unit holders. The benefits or misfortunes are shared by the financial backers with respect to their ventures. The common assets regularly emerge with various plans with various speculation targets which are sent off now and again. A shared asset is expected to be enlisted with Protections and Trade Leading group of India (SEBI) which controls protections markets before it can gather assets from people in general. A shared asset is set up as a trust, which has support, legal administrators, resource The board Organization (AMC) and overseer. The trust is laid out by a support or more than one support who is like advertiser of an organization. The legal administrators of the shared asset hold its property to help the unit holders. Resource The board Organization (AMC) endorsed by SEBI deals with the assets by making interests in different kinds of protections. Caretaker, who is enrolled with SEBI, holds the protections of different plans of the asset in its authority. The legal administrators are vested with the general force of administration and course over AMC. They screen the exhibition and consistence of SEBI Guidelines by the common asset. Unit Trust of India was the first shared store set up in Quite a while in the year 1963. In mid 1990s, Government permitted public area banks and organizations to set up shared reserves. Common asset is a trust that pools cash from a gathering of financial backers (sharing normal monetary objectives) and put the cash subsequently gathered into resource classes that match the expressed speculation goals of the plan. Since the expressed speculation objective of a shared
industry. 1987 denoted the passage of the public area in the shared assets market. SBI common assets, set up in June 1987, is the most established public area oversaw AMC. SBI Common Asset has a rich history of additional 25 years and an exceptionally noteworthy history. The absolute resource under administration (AUM) of SBI Common Asset is accounted for to be over INR 1,31,647 crores in September 2016. Kothari Trailblazer (presently converged with Franklin Templeton) was the primary confidential area oversaw AMC to enter the shared asset market in
- Franklin Templeton has been in the business for more than twenty years at this point. The complete AUM of Franklin Templeton remains over INR 74,576 crores as recorded on September 2016. Throughout the long term, numerous confidential area AMCs infiltrated the common supports market. HDFC Shared Asset set up in 2000 is one of the best Common Asset Houses in India. As on June 2016, the resources under administration of HDFC Shared Asset stand over INR 2,13,322 crores. ICICI Prudential Shared Asset was the top performing AMC as far as normal AUM from June 2015 to June 2016. The complete resources under administration under ICICI Prudential are assessed at around INR 193,296 crores. This sum shows a development pace of 24% from the earlier year. Dependence Common Asset is one of the most well known resource the board organizations in the country. Dependence AMC covers around 179 urban areas across India, making it perhaps of the quickest developing shared store in the country. As on September 2016, the absolute resources under administration of the Dependence Shared Asset is recorded to be over INR 18,000 crores.. Peruse more at: https://www.fincash.com/l/resource the executives organizations india You can bring in cash from a common asset in three ways:
- Pay is acquired from profits on stocks and interest on bonds
- Assuming the asset sells protections that have expanded in value, the asset has a capital increase
- In the event that reserve property expansion in cost however are not sold by the asset chief, the asset's portions expansion in cost. You can then sell your common asset shares for a benefit. Benefits OF Common Asset
- Portfolio Enhancement: Common Assets put resources into a very much enhanced arrangement of protections which empowers financial backer to hold a broadened venture portfolio (whether how much speculation is enormous or little).
- Proficient Administration: Reserve administrator goes through different examination works and has better speculation the board abilities which guarantee more significant yields to the financial backer than whatever he can oversee all alone.
- Less Gamble: Financial backers get a broadened arrangement of protections even with a little interest in a Shared Asset. The gamble in an enhanced portfolio is lesser than putting resources into just 2 or 3 protections.
- Low Exchange Expenses: Because of the economies of scale (advantages of bigger volumes), common subsidizes pay lesser exchange costs. These advantages are given to the financial backers.
- Liquidity: A financial backer will most likely be unable to sell a portion of the offers held by him effectively and rapidly, though units of a common asset are undeniably more fluid.
- Selection of Plans: Common assets furnish financial backers with different plans with various speculation targets. Financial backers have the choice of putting resources into a plan having a relationship between's its venture targets and their own monetary objectives. These plans further have various plans/choices
- Transparency: Reserves give financial backers refreshed data relating to the business sectors and the plans. All material realities are uncovered to financial backers as expected by the controller.
- Flexibility: Financial backers likewise benefit from the accommodation and adaptability presented by Common Assets. Financial backers can change their property from an obligation plan to a value plan as well as the other way around. Choice of orderly (at standard spans) venture and withdrawal is likewise proposed to the financial backers in most open-end plans.
- Money market reserves Currency Market Assets The currency market comprises of momentary obligation instruments, generally Depository bills. Security/Pay Assets Pay reserves are named suitably: their motivation is to turn out current revenue consistently. While alluding to common assets, the expressions "fixed-pay," "bond," and "pay" are interchangeable. Security reserves are probably going to pay better yields than testaments of store and currency market speculations, however security subsidizes aren't without risk. Adjusted Assets The target of these assets is to give a reasonable combination of wellbeing, pay and capital appreciation. The technique of adjusted reserves is to put resources into a mix of fixed pay and values. A regular adjusted asset could have a weighting of 60% value and 40% fixed pay. The weighting could likewise be limited to a predefined most extreme or least for every resource class. Value Assets Worldwide/Global Assets Worldwide/Global Assets A global asset (or unfamiliar asset) contributes just external your nation of origin. Worldwide assets contribute anyplace all over the planet, including your nation of origin. List Assets
