A

On Mutual Fund in INDIA A study of Kotak Securities

Submitted in the partial fulfillment of Master of Business Administration (2008-10)

Submitted to: Controller of examination person Maharishi Dayanand University semester Rohtak 036

Submitted by: name of the MBA- 4th 2k8-mrce-mba-

MANAV RACHNA COLLEGE OF ENGINEERING, FARIDABAD

Sector-43, Aravalli hills, surajkund badkhal road , faridabad

(Approved by AICTE & Affiliated to Maharishi Dayanand University, Rohtak)

DECLARATION

...Roll no. MRCE- MBA-2K8-036 of the (Manav Rachna Institute of

Engineering , Faridabad ) hereby declare that the report entitled Mutual funds in

India a case study of Kotak Securitiesis an original work and the same has
not been submitted to any other institute for the award of any other degree.

(Faculty of Finance) candidate)

(Signature of the

(Director/ Principal of the institute )

PREFACE
Mutual fund is the mitigation of risk through the spreading of investments across multiple entities, which is achieved by the pooling of a number of small investments into a large bucket. Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed portfolio at a relatively low cost. Mutual fund serves as a link between the saving public and the capital markets in that they mobilize saving from investors and brings them to the borrowers in the capital markets. The capital market is one of the most vibrant sectors in the financial system, marking an important contribution to economic development. Securities Markets is a place where buyers and sellers of securities can enter into transactions to purchase and sell shares, bonds, debentures etc. Further, it performs an important role of enabling corporate, entrepreneurs to raise resources for their companies and business ventures through public issues. A typical dilemma which an investor faces today is whether to directly buy stocks or alternatively invest through the mutual funds. My project focuses on answering this dilemma which lies in appreciating the differences between the two routes and deciding as to which one is more suited to ones knowledge & understanding, investment objective, risk appetite and personal profile. To grow personal capital from Indias growth one has to choose the correct investment avenue. And choosing an investment avenue is like getting into a marriage, so do it wisely.

The research assigned i.e. Mutual funds in india a case study of kotak

securities. The questionnaire method has been applied to collect the data from
respondents

Name of the student

ACKNOWLEDGEMENT
The process of this project writing was a wonderful learning experience on my academic life which was filled with challenges and rewards. The completion of the present study leads a new beginning and a step forward towards my future and when writing this preface, a quotation by the Scottish Physicist James Clark Maxwell came to my mind. Maxwell once stated What is done by what is called me is, I feel, done by something greater than myself in me. The question is justifiable. Did I really do this? Did I really manage to get it all together? This research provides a welcomed opportunity and chance to acknowledge the help and assistance of the people who with their intellectual insights or constructive criticism, other times in the form of friendship have helped me to develop this research. I am highly indebted to Mrs. REKHA SACHDEVA , for providing me the prompt assistance and valuable support and allowing me to work on this project. I have benefited a great deal from her incisive analyses and erudite suggestions. I humbly acknowledge her congeniality.. I am very thankful to her, that she has given me this pleasure to use his valuable comments, feedbacks and suggestions. My special thanks to all my friends for their unremitting help in numerous ways, which deserve adequate expression on this page. I would also like to thank all the respondents of questionnaire for their cooperation.

In the end, I would like to say that it was a great experience working on this project.

(name of student) INDEX

1. Significance of the study 2. Review of existing literature 3. Objective of the study 4. Company profile- Kotak Securities 5. Conceptualization of the topic o Introduction of mutual fund 1. Concept of Mutual fund 2. Types of Mutual fund 3. Benefits of Mutual fund 4. Disadvantages of Mutual fund 5. Scope of Development of Mutual fund Business in India o introduction of stock market 1. Concept of Stock Market 2. Market Participants 3. Importance and purpose of Stock Market 4. GROWTH of Stock Market 5. Current Status of Indian Stock Market 6. Reforms in Indian Stock Market 5. Comparative Study Between Investment In Stock Market and Mutual Fund 6. Research methodology 7. Findings and analysis 8. Recommendation 9. Conclusion

10. Bibliography 11. Appendix