N.E.

S RATNAM COLLEGE OF ARTS, SCIENCE & COMMERCE BHANDUP (W)

Topic name: MUTUAL FUNDS
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COMPANY NAME: BARODA PIONEER Subject name: INNOVATIONS IN BANKING AND INSURANCE class: SYBBI under the guidance of : PROF. MRS. JIA MAKHIJA

ACKNOWLEDGEMENT

We would express our sincere thanks to Prof.Mrs.Jia makhija for giving us this opportunity or platform to interact with widespread. We would like to thank our group members as well as our friends who have supported us throughout in completing this project. We are equally grateful to those who gave us moral support & guided us in different matters regarding the topic. Our professor had been very kind & patient while suggesting us the outline of the project & clearing our doubts. We thank everyone for their support.

CERTIFICATE
This is to certify that the following students have completed their project successfully on MUTUAL FUNDS in INNOVATIONS IN BANKING AND INSURANCE subject under the guidance of Prof.Mrs.jia makhija. For the academic year 2011-2012. Name of the students: Roll No: Bhakti gurav Jasmine nadar Saranya nadar Vinisha shingh Anand udaiyar 23 24 38 40 08

Date: ordinator

Signature

of

Co-

Place:

Signature of professor

Index
Sr.No
01 02 03 04 05 06

Contents
Introduction Equity fund Specialized fund Balanced fund Gilt fund Income fund

Page No
06 07-09 10-11 12-14 15-16 17-18

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Conclusion Reference

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INTRODUCTION
Mutual Funds Definition refers to the meaning of Mutual Fund, which is a fund, managed by an investment company with the financial objective of generating high Rate of Returns. These asset management or investment management companies collects money from the investors and invests those money in different Stocks, Bonds and other financial securities in a diversified manner. Before investing they carry out thorough research and detailed analysis on the market conditions and market trends of stock and bond prices. These things help the fund mangers to speculate properly in the right direction. The investors, who invest their money in the Mutual fund of any Investment Management Company, receive an Equity Position in that particular mutual fund. When after certain period of time, whether long term or short term, the investors sell the Shares of the Mutual Fund, they receive the return according to the market conditions.
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The investment companies receive profit by allocating people's money in different stocks and bonds according to their Speculation about the Market Trend. Other than some specific mutual funds which carry certain Maturity Term, Investors can generally sell the shares of their mutual funds at any time they want. But, the return will vary according to market value of the stocks and bonds in which that particular mutual fund made investment. But, generally the share holders of mutual fund sell their share when the prices are up and Capital Gain is sure to happen.

TYPES OF MUTUAL FUNDS

EQUITY FUND: A mutual fund which invests primarily in stocks, usually common stocks. INVESTMENT OBJECTIVE: The primary investment objective of the Scheme is to provide investors with opportunities for long term growth in capital along with the liquidity of an open ended scheme through an active management of investments in
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a diversified basket of equity stocks of domestic Public Sector Undertakings. FUND DATA Fund manager Date of inception Benchmark Average AUM* Min. Investment Entry Load Exit Load Dipak acharya 4/10/2010 BSE PSU Index Rs. 81.465 crs 5,000/-& in multiples of 1/thereafter NIL 1.00% if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units Standard Deviation: 58.62%, Sharpe: 0.27, Beta: 5.87

Ratios

STOCK HOLDINGS: Stock Name Coal India Oil & Natural Gas Corp
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% to Net Assets 10.09% 9.08%

NTPC State Bank of India Oil India Bharat Heavy Electricals NMDC Bank of Baroda GAIL (India) Indian Oil Corporation Steel Authority of India Power Grid Corp of India NHPC Punjab National Bank Bharat Petroleum Corp Canara Bank Bank of India Power Finance Corp Bharat Electronic Rural Electrification Corp Top 20 Total Equity CBLO / Reverse Repo
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8.85% 8.47% 6.55% 5.80% 5.73% 4.39% 4.05% 3.65% 3.12% 2.78% 1.66% 1.48% 1.45% 1.45% 1.38% 1.36% 1.26% 1.24% 83.84% 12.49%

Investments Cash & Cash Equivalents Grand Total PORTFOLIO:

4.07% -0.40% 100.00%

Asset Date: 16-Dec-2011

Scheme Name
Baroda Pioneer ELSS '96 Baroda Pioneer Growth (G) Baroda Pioneer Growth (D) Baroda Pioneer PSU Equity Fund (G) Baroda Pioneer PSU Equity Fund (D) Baroda Pioneer Infrastructure Fund (G) Baroda Pioneer Infrastructure Fund (D)

1m % 3m % 1y % 3y % Fund Size (Rs. Cr)

[6.9] [6.6] [6.5] [7.2] [7.2] [8.1] [8.1] [8.0] [8.8] [8.8] [13.3] [13.3] [13.4] [13.4] [24.0] [25.0] [25.0] [27.8] [27.8] [30.7] [30.7] 16.0 16.4 16.4 NA NA NA NA 20 70 70 81 81 28 28

Mr Dipak Acharya is an M.Com., with the Dipak Acharya added qualifications Fund Manager Equity of AICWA, CAIIB and Qualification : MCom. AICWA, CAIIB PGPMS. He is the Fund Manager for the equity schemes of Baroda Pioneer Mutual Fund and has been with the organization since September 2008. Prior to this, Mr. Acharya was with Bank of Baroda for 10 years, where he worked in the Treasury Dept. and Credit Dept. FUND MANAGER SPECIALIZED FUND: A mutual fund investing primarily in the securities of a particular industry, sector, type of security or geographic
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region. Because of the lack of diversification, specialized funds are higher risk but potentially higher reward than most other types of mutual funds. Also called specialty fund. INVESTMENT OBJECTIVE: The primary investment objective of the Scheme will be to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in infrastructure and infrastructure related sectors FUND DATA: Fund Manager Date of Inception Benchmark Average AUM* Min. Investment Entry Load Exit Load Dipak Acharya 22/06/2010 CNX 100 28.2432 Crs 5,000/-& in multiples of 1/thereafter NIL 1.00% if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units 1000/month - 6 months, 1500/quarter - 4 quarters Standard 58.62%,
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SIP (MIN) Ratios

Deviation: Sharpe: 0.27,

Beta: 5.87 STOCK HOLDINGS: Stock Name Reliance Industries HDFC Larsen & Toubro Bharat Heavy Electricals GAIL (India) Bharti Airtel Oil & Natural Gas Corp NTPC Tata Steel Hindalco Industries Jindal Steel & Power Coal India IRB Infrastructure Developers IDFC Power Grid Corp of India Steel Authority of India Hindustan Petroleum Corp Bharat Electronics Sterlite Industries ( India ) Tata Power Co. Top 20 Total Equity CBLO / Reverse Repo Investments Cash & Cash Equivalents Grand Total % to Net Assets 9.32% 7.64% 6.71% 6.12% 5.33% 4.51% 4.50% 3.48% 3.30% 3.13% 3.04% 2.64% 2.63% 2.58% 2.39% 2.18% 2.04% 1.95% 1.86% 1.74% 77.09% 13.20% 6.26% 3.45% 100.00%

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BALANCED FUND: A mutual fund that buys a combination of common stock, preferred stock, bonds, and short-term bonds, to provide both income and capital appreciation while avoiding excessive risk. The purpose of balanced funds (also sometimes called hybrid funds) is to provide investors with a single mutual fund that combines both growth and income objectives, by investing in both stocks (for growth) and bonds (for income). Such diversified holdings ensure that these funds will manage downturns in the stock market without too much of a loss; the flip side, of course, is that balanced funds will usually increase less than an all-stock fund during a bull market. INVESTMENT OBJECTIVE: The scheme is targeted for long-term capital appreciation along with stability through a well balanced portfolio comprising of equity and debt securities. FUND DATA: Fund Manager Date of Inception Benchmark Average AUM* Dipak Acharya 12/09/2003 CRISIL Balance Fund Index Rs.2.6195 crs
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Min. Investment Entry Load Exit Load

3,000/-& in multiples of 1000/- thereafter NIL 1% if redeemed on or before 12 months from the date of allotment 1000/month - 6 months, 1500/quarter - 4 quarters Standard Deviation: 58.62%, Sharpe: 0.27, Beta: 5.87

SIP(MIN) Ratios

STOCK HOLDING: Stock Name State Bank of India Larsen & Toubro Bank of Baroda ICICI Bank HDFC Reliance Industries Dr. Reddy's Laboratories Bharat Heavy Electricals Tata Motors Oil & Natural Gas Corp ITC Infosys Canara Bank Hindustan Petroleum Corp Oriental Bank of Commerce Tata Steel Coal India % to Net Assets 5.43% 5.37% 4.89% 4.42% 4.36% 3.75% 3.70% 3.52% 3.14% 2.64% 2.30% 2.28% 2.07% 1.90% 1.84% 1.84% 1.79%
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Jindal Steel & Power HCL Technologies Hindalco Industries Top 20 Total Equity Certificate of Deposit BONDS & NCDs CBLO / Reverse Repo Investments Cash & Cash Equivalent Grand Total

1.60% 1.41% 1.29% 59.54% 7.08% 19.43% 0.02% 6.33% 7.60% 100.00%

PORTFOLIO:
Asset Date: 16-Dec-2011

Scheme Name
Baroda Pioneer Balance (G) Baroda Pioneer Balance (D)

1m % 3m % 1y % 3y % Fund Size (Rs. Cr)

[4.3] [4.3] [5.8] [5.8] [16.5] [16.5] 10.6 10.2 03 03

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GILT FUND: A strategy that originated in Britain whereby a mutual funds invests in several medium and long term government securities as well as in top quality corporate debt, whereas other bond funds primarily invest in corporate and government instruments and money market funds. INVESTMENT OBJECTIVE: To generate income by investing in a portfolio of government securities. FUND DATA:
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Fund Manager Date of Inception Benchmark Average AUM* Scheme Name Min. Investment Baroda Pioneer Gilt Fund (G)
Baroda Pioneer Gilt Fund (D)

1m %
40.3 40.3

Entry Load Exit Load

Hetal Shah 21/03/2002 I SEC-MI BEX Date: 16-Dec-2011 Asset RS. 1y % 3y crs 3m % 0.9272 % Fund Size (Rs. Cr) ` 20.8 12.3 and in multiples of 2,000/- 9.8 01 ` 20.8 12.3 9.7 500/- thereafter 01 NIL 1% if redeemed on or before 12 months from the date of allotment 0.0037 year 1.37 days

Modified Duration Average Maturity STOCK HOLDING: Stock Name Grand Total Centralgovernment securities CBLO / Reverse Repo Investments Cash & Cash Equivalents PORTFOLIO: FUND MANAGER

% to Net Assets 100.00% 0.14% 97.67% 2.19%

Ms. Hetal P. Shah is a B.Com, MBA, and Hetal P. Shah JAIIB having 9 years Fund Manager (Debt) of experience in Qualification : B.Com, MBA, and JAIIB treasury and fund
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management. Before joining Baroda Pioneer Asset Management Co. Ltd., she was working in the Treasury Department of Bank of India from May 1999.

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INCOME FUND: A mutual fund which emphasizes current income in the form of dividends or coupon payments from bonds and/or preferred stocks, rather than emphasizing growth. Income funds are considered to be conservative investments, since they avoid volatile growth stocks. Income funds are popular with retirees and other investors who are looking for a steady cash flow without assuming too much risk. INVESTMENT OBJECTIVE: To generate regular income by investing in a portfolio of good quality Fixed Income Securities by maintaining a balance between Risk & Return. FUND DATA: Fund Manager Date of Inception Benchmark Average AUM Min. Investment Entry Load Exit Load Hetal Shah 21/03/2002 Crisil Composite Bond Fund Index Rs.0.3647 crs 2,000/- and in multiples of ` 1/- thereafter NIL 1% if redeemed on or before 12 months from the date of allotment 1000/month - 6 months, 1500/quarter - 4 quarters
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SIP(minimum)

Modified Duration Average Maturity

0.0026 years 0.95 days

STOCK HOLDINGS: Stock Name Grand Total CBLO / Reverse Repo Investments Cash & Cash Equivalents PORTFOLIO:
Asset Date: 16-Dec-2011

% to Net Assets 100.00% 94.33% 5.67%

Scheme Name
Baroda Pioneer Income Fund (G) Baroda Pioneer Income Fund (D) Baroda Pioneer PSU Bond Fund (Div-M) Baroda Pioneer PSU Bond Fund (G) Baroda Pioneer PSU Bond Fund (Div-Q)

1m % 3m % 1y % 3y % Fund Size (Rs. Cr)

24.0 24.0 24.5 24.5 24.5 13.8 13.8 8.1 8.1 8.1 9.3 9.3 8.0 8.0 8.0 5.9 5.9 NA NA NA 00 00 69 69 69

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CONCLUSION:
With this we conclude that Baroda pioneer is diverse in the world of investments. It is providing us with various funds with different-different investment objectives which will suit us as per our investment ability.

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REFERENCE: Webliography: www.investopedia.com www.barodapioneer.com

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gilt

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