A PROJECT REPORT ON HEDGE FUNDS IN PARTIAL FULFILLEMENT OF THE DEGREE OF MASTER OF COMMERCE BANKING & FINANCE SEMESTER IV (2013-2014)

SUBMITTED BY MARIDAS NATRAJAN ROLL NO. 01 INVESTMENT MANAGEMENT UNDER THE GUIDANCE OF MR. G.S. RAMAKRISHNAN

SIES COLLEGE OF COMMERCE AND ECONOMICS, Plot No. 71/72, Sion Matunga Estate T.V. Chidambaram Marg, Sion (East), Mumbai 400022.

CERTIFICATE
This is to certify that Mr. /Ms. ____________________________________of

M.Com Banking & Finance Semester IV (2013-2014) has successfully

completed the project work entitled __________________________________________________________________ Under the guidance of _________________________________ _

____________________
Project Guide/ Internal Examiner (MR. G.S. RAMAKRISHNAN)

_____________________
External Examiner ( )

____________________
Course Co-ordinator (MRS.SHAILASHRI UCHIL) DATE: PLACE:

____________________
PRINCIPAL (DR. MINU THOMAS)

DECLARATION

I, __________________________, the student of M.com (Banking & Finance) semester IV (2013-2014) hereby declare that I have completed the project on _________________________________________________________ The information presented through this project is true and original to the best of my knowledge.

________________ Date: Place: MARIDAS NATRAJAN Roll no. 01

ACKNOWLEDGEMENT
A project is the fruit of experiment and experience and it goes a long way to modeling a person and gaining a new insight in that field of research. In this rewarding experience, one recognizes the help and support rendered by kind heart behind its success. I express my gratitude to our Principal, Dr. Minu Thomas for being a constant source of support and for always being there whenever we students need her guidance. I would take this opportunity to thank all my teachers, especially Mrs. Shailashri Uchil, the co-ordinator of M.Com (Banking &Finance). I would like to thank, MR. G.S. Ramakrishnan my project guide, who sincerely guided and supported me in doing the project.

I would also like to show my gratitude towards my family, friends and all others who have helped and supported me in doing the project.

(Maridas Natrajan)

Table of contents

Chapter No 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.

Topic Introduction of Hedge Funds Brief History of the Hedge Funds Industry Characteristics of Hedge Funds Structure of Hedge Funds Classification of Hedge Funds Hedge Fund Investment Strategies Hedge Funds: Risks Hedge Fund Performance Measurement Investment in Hedge Fund Conclusion References/Bibliography

Page no 1-5 6-7 8-10 11-14 15-18 19-22 23-28 29-30 31 32-33 34