A

PROJECT Report
ON

“A STUDY AND ANALYSIS OF MUTUAL FUND WITH A COMPARATIVE

STUDY OF HDFC MUTUAL FUND WITH OTHER MUTUAL FUNDS.”

Submitted to
RASHTRASANT TUKADOJI MAHARAJ NAGPUR UNIVERSITY, NAGPUR
In partial fulfillment for the Degree of
MASTER OF BUSINESS ADMINISTRATION
(SESSION 2017-2018)
Submitted By:
(SHUBHAM SAWAI)
M.B.A. SEM IVth
(2017-2018)

Guided By:
Prof. Mr. JASPAL GIDWANI

Department of Management Studies

Guru Nanak Institute of Engineering and Technology, Nagpur

A
PROJECT Report
ON

“A STUDY AND ANALYSIS OF MUTUAL FUND WITH A COMPARATIVE

STUDY OF HDFC MUTUAL FUND WITH OTHER MUTUAL FUNDS.”

Submitted to
 RASHTRASANT TUKADOJI MAHARAJ NAGPUR UNIVERSITY, NAGPUR
In partial fulfillment for the Degree of
MASTER OF BUSINESS ADMINISTRATION
(SESSION 2017-2018)
Submitted By:
(SHUBHAM SAWAI)
M.B.A. SEM IVth
(2017-2018)

Guided By:
Prof. Mr. JASPAL GIDWANI

Department of Management Studies

Guru Nanak Institute of Engineering and Technology, Nagpur

EXECUTIVE SUMMERY
A mutual fund is a scheme in which several people invest their money for
a commonfinancial cause. The collected money invests in the capital
market and the money, which theyearned, is divided based on the number of
units, which they hold.The mutual fund industry started in India in a small way
with the UTI Act creating whatwas effectively a small savings division
within the RBI. Over a period of 25 years this grewfairly successfully
and gave investors a good return, and therefore in 1989, as the next
logicalstep, public sector banks and financial institutions were allowed to float
mutual funds and their success emboldened the government to allow the private
sector to foray into this area.The advantages of mutual fund are professional
management, diversification, economiesof scale, simplicity,
and liquidity.T h e d i s a d v a n t a g e s o f mu t u a l f u n d a r e h ig h c o s t s , o v e r -
d i v e r s i f i c a t i o n , p o s s i b l e t a x consequences, and the inability of management
to guarantee a superior return.The biggest problems with mutual funds are their
costs and fees it include Purchase fee,Redemption fee, Exchange fee,
Management fee, Account fee & Transaction Costs. There aresome loads
which add to the cost of mutual fund. Load is a type of commission depending on
thetype of funds.Mutual funds are easy to buy and sell. You can either buy
them directly from the fundcompany or through a third party. Before investing
in any funds one should consider some factor like objective, risk, Fund Manager’s
and scheme track record, Cost factor etc.There are many, many types of
mutual funds. You can classify funds based Structure(open-
ended & close-ended), Nature (equity, debt, balanced), Investment
objective (growth,income, money market) etc.A code of conduct and registration
structure for mutual fund intermediaries, which weres u b s e q u en t l y ma n d a t e d
b y S EB I . I n a d d it i o n , t h i s ye a r AM F I w a s i n v o l v e d i n a n u mb e r
o f developments and enhancements to the regulatory framework.
6

The most important trend in the mutual fund industry is the aggressive

expansion of theforeign owned mutual fund companies and the decline of the
companies floated by nationalized banks and smaller private sector
players.Reliance Mutual Fund, UTI Mutual Fund,

ICICI Prudential Mutual Fund, HDFC MutualFund and Birla Sun Life Mutual
Fund are the top five mutual fund company in India.Reliance mutual funding is
considered to be most reliable mutual funds in India. Peoplewant to invest in this
institution because they know that this institution will never dissatisfy themat any
cost. You should always keep this into your mind that if particular mutual funding
schemeis on larger scale then next time, you might not get the same
results so being a careful investor yo u s h o u l d t a k e yo u r ma j o r s t e p
d i l i g e n t l y o t h e r wi s e yo u wi l l b e u n a b l e t o o b t a i n th e h i g h