Fundamentals of Mutual Fund


Mutual Funds are fast emerging as an important form of investments in India. Mutual Funds now have over Rs.5,00,000 crore in assets under management and are growing at a rapid pace. The competition is getting intense by the day. The management of mutual funds is becoming more professional. On the other hand, the regulatory and disclosure framework has now reached international standards.This programme launched by BSE Training Institute provides employees of mutual funds, distributors and investors useful and keen insights on various aspects of the functioning of the mutual fund industry.

The objectives of this program are :

  • To provide knowledge about the organisation and management of mutual funds.
  • To provide fund distributors the knowledge and insights required for them to become
  • Better agents and informed investment advisors.
  • To provide mutual fund employees with an understanding of the complexities of the
  • Mutual fund functions internally and externally.
  • To provide investors with the knowledge of risks and rewards of investing in mutual funds.
  • To equip financial intermediaries like agents, brokers, sub-brokers and employees of
  • Mutual funds to pass the AMFI Certification Test.
  • Day 1 - Basic Modules

    Session 1
    1. Evolution and Regulatory Framework Governing the Mutual Funds Industry

    a. The Concept and Role of Mutual Funds

    •     1. International Scenario
    •     2. History of Mutual Funds in India
    •     3. Types of Mutual Fund Products

    b. Fund Structures, Organisation and Constituents

    •     1. Sponsor, Trustee and AMC
    •     2. Organisational Design and Legal Structure
    •     3. Other Constituents - Fund Mergers and Scheme Takeovers

    c. Legal and Regulatory Environment

    •     1. Role of Regulatory Agencies for the Fund and its Constituents
    •     2. Compliances & Trusteeship Issues
    •     3. Role of SRO
    •     4. Investor's Rights and Obligations
    Session 2
    1. Investing in Mutual Funds
    •     1. Investing in Mutual Funds: Understanding the Process, Investment Objective.
    •     2. Prospectus / Offer Document and Key Information Memorandum,
    •     3. Processes, Rights and Obligations for Investors
    Session 3
    1. Portfolio Management using Comparative Analysis

    a. Capital Markets and Investment & Portfolio Management

    •     1. Equity Markets and Mutual Funds
    •     2. Debt Markets and Mutual Funds
    •     3. Derivatives Markets and Mutual Funds
    •     4. Investment Policy
    •     5. Restrictions on Investments
    Session 4
    1. NAV, Pricing, Valuation, Accounting & Taxation
    •     1. NAV Concepts and Pricing
    •     2. Accounting
    •     3. Valuation Norms for Securities
    •     4. Reporting and Disclosure Norms
    •     5. Taxation
    Day 2 - Intermediate Module

    For Investors, Financial Intermediaries and Employees of Mutual Funds

    Session 1
    1. Measuring and Evaluating Mutual Fund Performance

    •     1. Risk and Performance Evaluation
    •     2. Measuring Returns
    •     3. Tracking Mutual Funds Performance
    2. Role of an Intermediary as a "Financial Planner"
    3. Helping Investors with Financial Planning using Mutual Funds
    •     1. Concept of Financial Planning for the Investors
    •     2. Need for Financial Planning
    •     3. Basis of Financial Planning.
    •     4. Life Cycle and Wealth Cycle stages
    •     5. Investment Products
    •     6. Financial Planning Strategies for Investors
    Session 2
    1. SIP (Systematic Investment Plan) & Developing Model Portfolio using Product Mix
    •     1. Financial Planning Strategies & Tools
    •     2. Asset Allocation- The Strategic Tool and Model Portfolio
    •     3. Recommending Financial Planning Strategies for Investors
    •     4. Comparison of Investments from available products
    •     5. Selecting the Right Investment Products for Investors
    •     6. Fund Selection from available products
    Session 3
    1. Risk Management Associated with the Mutual Funds Industry
    •     1. Helping Investors Understand Risks in Fund Investing
    •     2. Investment Philosophy
    •        a. Value Investment
    •        b. Growth Investment
    •     3. Recommending the Model Portfolio and Selecting the Right Funds
    •     4. Strategies & "How to make Mutual Funds work for you"
    Session 4
    1. Marketing, Distribution, Sales & Investor Services related to Mutual Funds
    •     1. Design of Mutual Fund Products
    •     2. Who can invest in Mutual Funds in India?
    •     3. Investor Services - Application, Redemption, Investment Plans & Services
    •     4. Marketing of Mutual Funds Products
    •     5. Fund Distribution Channels
    •     6. Sales Practices.
    2. AMFI Code of Conduct - Ethics and Best Practices

    Participants attending the entire course shall be eligible to receive Participation Certificate from the BSE Institute Ltd.

    Investors, Distributors of Mutual Funds, UTI agents and other Mutual Fund agents, Employees of Mutual Funds, Brokers, Sub-brokers, Financial Intermediaries and Investment Consultants Executives in Asset Management Companies, Portfolio Managers & Investment Advisors

    2 days
    10.00 am to 5.30 pm

    Rs. 7,000.00 + Applicable Taxes per participant inclusive of tuition fees, and (morning / evening) refreshments only.

    For further details regarding contents,