A RESEARCH PROJECT REPORT ON FUTURE OF MUTUAL FUNDS IN INDIA

SUBMITTED TOWARD PARTIAL FULFILLMENT FOR THE AWARD OF THE DEGREE OF

(MASTER OF BUSINESS ADMINISTRATION)

UNDER THE SUPERVISION OF MISS. SHEETAL FACULTY OF MBA DEPTT. SUBMITTED BY MOIN SHARAFAT ROLL NO (1022370014)
(2010-12)

VIVEKANAND INSTITUTE OF TECHNOLOGY & SCIENCE AFFILATED TO MAHAMAYA TECHNICAL UNIVERSITY NOIDA INDIA 33-34 STONE HAPUR DELHI ROAD NH-24 JINDAL NAGAR GHAZIABAD
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PREFACE
As we know that research work boost up the performance of management people and this is one of the most eminent phases of management curriculum. It exposes the employee to the real world of business, where he/she can apply the management theories. The objective of research is to provide a patch of experience in the work field because without work experience no professional curriculum is considered as complete. Thus every individual who is under going this management program has to follow this phase of research study before he/she can consider himself /herself fully qualified as a potential manager. I am grateful to my institute which gave me an opportunity to have an exposure on research thesis. I have taken this research work to study the security system of Retail Sector in India. I have studied the past, present and future of the security system of Retail sector in India. Being a management student this was my second experience and I can not say that my findings are accurate and there are no short comings. But still I would like to stress there that my efforts are sincere and directed to achieve the desired results

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ACKNOWLEDGMENT
Starting & bringing this study to its culmination has been a great experience for me on Future of Mutual Funds in India as a partial fulfillment of my course. This project has proved for me a fertile ground of immense practical knowledge about financial products, their marketing, and the policies of company towards investors and the tax payers. During the successful completion of this project I became aware about how companies strive in todays competitive environment to maintain their position in the market and what are requirements needed by the investors, brokers & dealers to deal or invest with Mutual funds. First & fore most I would like to thank my Dean and Director for her constant support. I would also like to thanks to Dr. Rahat Ali sir (H.O.D. -M.B.A. Department) and Miss. Sheetal Hargun (Faculty M.B.A Department) and all the faculty members for co-operation in completing this project. Last but not least I am also thankful to all individuals, dealers and brokers who cooperated with me in the successful completion of my project.

Moin Sharafat (1022370014)

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DECLARATION
I Moin Sharafat hereby declare that this project report titled FUTURE OF MUTUAL FUNDS IN INDIA is a genuine work done by me. Information presented here is correct to the best of my knowledge. Also the report presented has not been submitted anywhere else. I am thankful to, Miss Sheetal who helped me to materialize this Research report. I would also like to express my gratitude towards Dr. Rahat Ali (HOD OF MBA DEPATMENT ). for his constant support & valuable suggestions. I am also thankful to all those people who directly or indirectly helped me in completion of this Research report successful

MOIN SHARAFT M.B.A IV sem Roll No.1022370014

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TABLE OF CONTENTS

CONTNES
PREFACE ACKNOWLEDGMENT DELECTATION TABLE OF CONTENTS LIST OF GRAPHS ABSTRACT INTRODUCTION STATEMENT OF PROBLEM SIGNIFICANCE OF PROBLEM SCOPE OF RESEARCH OBJECTIVE OF RESEARCH STATEMENT OF HYPOTHESES ASSUMPTION LIMITATION LITERATURE REVIEW/SWOT ANALYSIS DESIGN OF THE STUDY DESCRIPTION OF RESEARCH DESIGN AND PROCEDURE USED SOURCE OF DATA SAMPLING PROCEDURE METHODS AND INSTRUMENT OF DATA GETHERING ANALYSIS OF DATA SUMMARYAND CONCLUSION RESTATEMENT OF PROBLEM

PAGE .NO I II IV V-VI VII VIII-IX 1-34 35 36 37 38 39 40 41 42-43 44 45-46 49 50 51 52-69 70 71

MAJOR FINDING CONCLUSION RECOMMENDATION REFERENCE SECTION APPENDIX BIBLIOGRAPHY

72 73-74 75 76 77-81 82

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LIST OF GRAPHS
LIST OF GRAPHS GRAPH NO 01 GRAPH NO 02 GRAPH NO 03 GRAPH NO 04 GRAPH NO 05 GRAPH NO 06 GRAPH NO 07 GRAPH NO 08 GRAPH NO 09 GRAPH NO 10 GRAPH NO 11 GRAPH NO 11 GRAPH NO 12 GRAPH NO 13 GRAPH NO 14 GRAPH NO 15 PAGE NO 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68

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ABSTRACT

OBJECTIVE:
The main objective of the project is to find out Future of mutual funds in India .

Mutual fund:
A Mutual Fund is a trust that pools the savings of a number of investors who share in common financial goal. Anybody with an investible surplus of as little as a few thousand rupees can invest in Mutual Funds. These investors buy units of a particular Mutual Fund scheme that has a defined investment objective and strategy.

TYPE OF RESEARCH:

RESEARCH APPROACH

; Survey approaches

RESEARCH INSTRUMENT; Questionnaire

SAMPLING PLAN: SIZE OF SAMPLE; 90 [Based on Sampling by Opinion] SAMPLE UNIT; Investors & Non Investors, Dealers in Capital Market

DATA COLLECTION: SAMPLING PROCEADURE CONTACT METHOD; Structured Interview Through Questionnaire

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FINDINGS: MF covers only 23% of Capital Market. In MF sector, 68% market is covered by UTIMF schemes. There is lack of awareness about MF amongst the Investors

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