IDFC MUTUAL FUNDV/S COMPETITOR : IDFC MUTUAL FUNDV/S COMPETITOR PRESENTED BY SUNIL INANI
SOMNATH SUBMITTED TO JAY SHARMA MUTUAL FUND : A mutual fund is a professionally managed type of collective investment scheme
that pools money from many investors and invests it in stocks, bonds, short-term money market instruments, and/or other securities
The mutual fund will have a fund manager that trades the pooled money on a regular basis. MUTUAL FUND History of Mutual Munds : First Phase (1964-87)
Second Phase (1987-93)
Third Phase (1993-2003)
Fourth Phase (since 2003) History of Mutual Munds Advantages of Mutual Funds : Professional Management
Choice of schemes
Well regulated Advantages of Mutual Funds Types of Schemes : By Structure
open ended scheme
close ended scheme
By Investment Objectives
Tax Saving Schemes Types of Schemes IDFC MUTUAL FUND : IDFC is a leading private sector diversified financial institution
established by a consortium of strong global and local institutions with the support and sponsorship of the Government of India.
IDFC Mutual Fund became effective from 31-May-2008, IDFC MUTUAL FUND IDFC MUTUAL FUND : Infrastructure Development Finance Corporation (IDFC) acquired Standard Chartered Mutual Fund.
The mutual fund came under the management of 'IDFC Asset Management Company Private Limited
At that time, the mutual fund had around Rs.14000 crore in assets, with Rs. 4000 crore comprising of equity and the rest in debt. IDFC MUTUAL FUND MAJOR COMPETITORS : Reliance Mutual Fund
HDFC Mutual Fund
UTI Mutual fund
KOTAK Mutual fund
HSBC Mutual fund MAJOR COMPETITORS Slide 9: V/S RELIANCE MF : RELIANCE MF Reliance Mutual Fund (RMF), a part of the Reliance - Anil Dhirubhai Ambani Group, is India's leading Mutual Fund, with Assets Under Management .
Reliance Mutual Fund (RMF) has been
established as a trust under the Indian Trusts Act, 1882 with Reliance Capital Limited (RCL) . WHAT IS NET ASSET VALUE : NAV represents a fund's per share market value.
This is the price at which investors buy ("bid price") fund shares from a fund company and sell them ("redemption price") to a fund company
It is derived by dividing the total value of all the cash and securities in a fund's portfolio, less any liabilities, by the number of shares outstanding WHAT IS NET ASSET VALUE LATEST NAV’S : LATEST NAV’S HDFC MUTUAL FUND : HDFC MUTUAL FUND HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on December 10, 1999
In terms of the Investment Management Agreement, the Trustee has appointed the HDFC Asset Management Company Limited to manage the Mutual Fund.
The paid up capital of the AMC is Rs. 25.161 crore HDFC MUTULFUND NAV’S : HDFC MUTULFUND NAV’S KOTAK MUTUAL FUND : KOTAK MUTUAL FUND Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of KMBL
the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC started operations in December 1998
It has over 10 Lac investors in various schemes. KOTAK MUTUAL FUND NAV’S : KOTAK MUTUAL FUND NAV’S IDFC Arbitrage Fund : IDFC Arbitrage Fund IDFC Liquid Fund : IDFC Liquid Fund Best pics (Equity Diversified) : Best pics (Equity Diversified) Dividend : Dividend CONCLUSION : IDFC MF is facing tough competition in mutual fund world
IDFC is having good investment plans
for instance IDFC Premier Equity Fund
IDFC Arbitrage Fund They are providing
expectation Return to investor
Within few year IDFC MF become a leader in mutual fund world CONCLUSION Slide 24: Follower