CONTENTS.

Chapter No Name of the concept Page no

I. Introduction

Need of the study

Objectives of the study

Scope of the study

Methodology of the study

Limitations of the study

II. Review of literature

III. Industry profile

IV. Company Profile

V. Data analysis and interpretation

VI. Findings, suggestions, and conclusions

VII. Bibliography

Chapter 1

Introduction of mutual fund

It is a trust that collects money from a number of investors who share a common investment
objective and invests the same in equities, bonds, money market instruments and/or other
SECURITIES.A mutual fund is an investment vehicle that pools money from several
investors to invest in a mix of assets like stocks, bonds, government securities, and even gold.
Mutual funds allow investors to achieve portfolio diversification and professional
management, with returns and risks based on the performance of the fund’s investments.
The funds are managed by financial experts called FUND MANAGER. It allows individual
investors to gain exposure to a professionally-managed portfolio and potentially benefit from
economies of scale, while spreading risk across multiple investments .
 Mutual funds charge annual fees, expense ratios, or commissions, which
lower their overall returns.
 Mutual funds give individual investors access to diversified,
professionally managed portfolios.
 A mutual fund may combine different investment styles and company
sizes.
 The gains (or losses) on the investment are shared collectively by the
investors in proportion to their contribution to the fund.

The project creates an awareness that the mutual fund is worthy investment
practice. The various schemes of mutual funds provide the investor with a wide
range of investment options according to his risk-bearing capacities and interest.
Besides, they also give a handy return to the investor. The project analyses
various schemes of mutual fund by taking different mutual fund schemes from
different AMC
 NEED OF THE STUDY
The study basically made to educate the investors about Mutual Funds. Analyze the
various schemes to highlight the risk and return of diversity of investment that mutual
funds offer. Thus, through the study one would understand how a common man could
fruitfully convert a pittance into great penny by wisely investing into the right scheme
according to his risk- taking abilities.

A small investor is the one who is able to correctly plan & decide in which profitable
safe instrument to invest. To lock up one’s hard earn money in a savings bank’s account
is not enough to counter the monster of inflation. Using simple concepts of
diversification, power of compound interest, stable returns limited exposure to equity
investment, one can maximize his returns on investments & multiply one’s saving.

Investment is a serious proposition one has to look into various factors before deciding
on the instruments in which to invest. To save is not enough. One must invest wisely get
maximum returns. One must plan investment in such a way that his investment objectives
are satisfied. A sound investment is one which gives the investor reasonable returns with
a proper profitable management. This report gives the details about various investment
objectives desired by an investor, details about the concept and working of mutual fund.
 WHY YOU SHOULD INVEST IN THE MUTUAL FUNDS?

One of the primary benefits is diversification, which reduces the risk of loss by spreading
investment across a wide range of assets. Mutual funds also provide professional
management, allowing you to
leverage the expertise of fund managers who make investment decisions based on their
research and analysis.

As investment goals vary from person to person – post-retirement expenses, money for
children’s education or marriage, house purchase, etc. – the investment products required
to achieve these goals too vary. Mutual funds provide certain distinct advantages over
investing in individual securities. Mutual funds offer multiple choices for investment
across equity shares, corporate bonds, government securities, and money market
instruments, providing an excellent avenue for retail investors to participate and benefit
from the uptrends in capital markets. The main advantages are that you can invest in a
variety of securities for a relatively low cost and leave the investment decisions to a
professional manager .

DIVERSIFICATION PROFESSIONAL MANAGEMENT

CONVENIENCE TRANSPARENCY
EASY INVESTMENT GOOD RETURNS

OVERVIEW

The mutual funds industry in India started in 1963 with the formation of unit trust of India, at
the initiative of the Government of India and Reserve Bank. The history of mutual funds in
India can be broadly divided into four distinct phases.
1st phase = 1964-1987
2nd phase =1987-1993
3rd phase =1993-2003
4th phase=2003

UTI AMC is one of the largest asset managers in the country with a total Asset Under
Management of INR 15.56 lakh crore and the investment manager to UTI Mutual Fund
schemes, managing Quarterly Average AUM of INR 2.39 lakh crore as of March 31, 2023 with
more than 12.2 million live folios as of March 31, 2023.
The company also manages the portfolios of domestic and offshore funds; and offers
discretionary, non-discretionary and advisory services to high-net-worth clients, corporates,
and institutions; and also offers retirement solutions and private equity funds in India and
35+ countries through the principal and subsidiary business entities.
It has a nationwide network comprising 190+ UTI Financial Centres and more than 210
District Associates as of September 2023. Our history and track record in the mutual fund
industry, strong brand recognition, distribution reach, performance and client relationships
provide a platform for future growth.

OBJECTIVES OF THE STUDY

 To understand the concept of Mutual Funds.

 To study the different Sectoral Mutual Funds in India.
 To analyze the performance of different sectoral mutual funds.
 To identify the best Sectoral Mutual Funds to invest India.
 To suggest the best mutual funds for investor.
 Capital growth :- Growing the initial investment over time.
 Income generation:- Providing a steady income through investments in fixed-income
instruments
 Risk reduction: Spreading investments across different asset classes to reduce risk
 Liquidity: Allowing investors to buy or redeem units at any time
 Tax benefits: Providing tax deductions under certain circumstances
 Wealth creation: Providing access to diversified portfolios to grow wealth over time
 Professional management: Having professional fund managers make investment
decisions based on the fund
 HOW DO MUTUAL FUNDS WORK?

A mutual fund pools money from multiple investors to invest in a diversified portfolio of
assets, such as stocks, bonds, or other securities
 Pooling Money: Investors buy shares or units of the mutual fund, contributing their
money to the fund. This collective pool of money is managed by professional fund
managers.
 Investment Strategy: The fund manager uses the pooled money to buy a variety of
assets according to the fund’s investment objectives and strategy. For example, a
stock fund might invest in a range of companies, while a bond fund might invest in
various government or Value Changes: As the prices of the assets within the fund
fluctuate, the NAV also changes. If the investments perform well, the NAV goes up; if
they perform poorly, the NAV goes down.
 Value Changes: As the prices of the assets within the fund fluctuate, the NAV also
changes. If the investments perform well, the NAV goes up; if they perform poorly,
the NAV goes down.
 Fees: Mutual funds charge fees for managing the investments. These fees can
include management fees, administrative costs, and sometimes exit load. It’s
important to understand these fees as they can affect your overall returns
  Buying and Selling: Investors can buy or redeem (sell) their mutual fund shares at
the NAV price at the end of each trading day. This means the value you receive when
you sell your shares is based on the NAV at that day’s market close.

SCOPE OF THE STUDY

The scope has grown enormously over the years. In the first age of mutual funds, when the
investment management companies started to offer mutual funds, choices were few. Even
though people invested their money in mutual funds as these funds offered them diversified
investment option for the first time. By investing in these funds they were able to diversify
their investment in common stocks, preferred stocks, bonds and other financial securities. At
the same time they also enjoyed the advantage of liquidity. With Mutual Funds, they got the

scope of easy access to their invested funds on requirement.

But, in todays world, Scope of Mutual Funds has become so wide, that people
sometimes take long time to decide the mutual fund type, they are going to invest in.
Several Investment Management Companies have emerged over the years who offer
various types of Mutual Funds, each type carrying unique characteristics and different
beneficial features.