STUDY ON PERFORMANC

OF FUNDS

INTRODUCTIO
N:
A mutual fund is a trust that pools the
savings of a number of investors with
common financial goals.
The collected money is invested in
various instruments like debentures,
shares, etc.
The income generated from these
instruments and the capital
appreciation is shared by the
investors in proportion to the number

MUTUAL FUND OPERATION

FLOW CHART

TYPES OF MUTUAL FUND

By Structure
Open Ended Schemes
Close Ended Schemes
Interval Schemes
By Investment Objectives
Growth Schemes
Income Schemes
Balance Schemes
Money Market Schemes
Other Schemes
Tax Saving Schemes
Special Schemes
Index Schemes
Sector Specific Schemes

COMPANY PROFILE
ING Group is a global financial institution of Dutch origin with
120,000 employees.
ING offers banking, insurance and asset management to more than
60 million clients in over 50 countries.
ING Investment Management provide a comprehensive range of
investment solutions and services to clients and partners.
ING Investment Management has nearly 400 billion assets under
management.
ING's wholesale product offering focuses strongly on its strengths in
employee benefits/pensions, financial markets, corporate banking and
asset management.

ING-INDIA
In India, ING is present in all three fields of banking, insurance and
asset management in the form of ING Vysya Bank, ING Life
Insurance and ING Investment Management respectively.
ING Investment Management India operates under two divisions
A Single Manager division called ING Investment Management
division. Under the Single manager business ING offers a range of
equity, debt and alternative asset class funds.
A Multi Manager division called OptiMix. OptiMix is Indias first Multi
Manager Investment solution, featuring open architecture, zero brand
bias and active management.

Performance Measure:
For Evaluating the performance of a portfolio it is
necessary to consider both risk and return.
Performance can be measure by Treynor Measure,
Sharpe Measure and Jensen Measure.
Risk can measured in Standard deviation and Beta.
Sharpe Ratio: Is an indication of the amount of excess
return per unit of risk. Higher the ratio the better it is.
Treynor Ratio: looks at excess return for each unit
of systemic risk. A Treynor Ratio greater than 1
shows that the fund has produced more units of
return than of risk. Higher the ratio the better it is.

FUNDS
ING CORE EQUITY FUND:
Structure
: Open ended scheme
Nature
: Equity
Inception Date
: May 6th, 1999.
UTI EUITY FUND
Structure
Nature
Inception Date

:
:
:

Open ended scheme

Equity
May 18th, 1992

TATA PURE EUITY FUND

Structure
:
Nature
:
Inception Date
:

Open ended scheme

Equity
May 7th, 1998

Quartely Perfomance:
In 1st Qtr, Tata and ING portfolios has gained good
returns. In this Qtr Banking sector has strong
earnings. More risk UTI shows less returns.
In 2nd Qtr, UTI has great returns than bench mark. In this
Qtr Reliance industries ltd gain more returns.
In 3rd Qtr ,Tata and UTI portfolios gain more returns. In this
Qtr Nestle India Ltd gains more returns. ING telecom sector
shows less returns.
In 4th Qtr, ING shows more returns than its bench marks. In
this Qtr Infosys tech gains more earnings. for UTI shows
negative retuns.

MARKET VS FUND
By observing table ING,UTI
portfolio has shown simultaneous
deviations with Bench mark.
Due to diversified investment Tata
shows difference performance with
Bench mark.

THANK U