A STUDY ON EQUITY LINKED

SAVING FUNDS MANAGING

BY SWASTIKA INVESTMENT
PVT LTD, VIJAYAWADA
PRESENTED BY UNDER THE GUIDANCE OF
V.RAMA KRISHNA U. RAMBABU
Introduction

To understand the meaning of financial management, one must

understand the meaning of both words financial and management
separately. Financial means procuring sources of money supply and
allocation of these sources on the bases of forecasting monetary
requirements of the business. The word management refers to planning,
organization, co- ordination and control of human activities and
physical resources for achieving the objectives of an enterprise.
Scop of the Study

 The Study presents basic concept and trends in the Mutual fund Industry.
 The Study enables a fresh investor to understand easily the various benefits offered by
Mutual Funds and their working in the Market.
 The Study provides a clear idea on growth of Mutual Funds from 2018 to 2020 in top 3
selected companies, and its scope in the future.
 The Study gives a overview of performance of funds in only 3 selected companies.
 At the end of the study, one can conclude what type of investments would be ideal with
reference to the risk taking abilities of the investors and which type of investments their
financial needs and goals.
Need of the Study

The primary objective of doing this project is to know about mutual

funds and its functioning with special reference to top 3 selected funds.
This project helps us to know in detail about mutual fund industry right
from its inception stage, growth and future prospects. It also helps in
understanding ELSS schemes of mutual funds. The study is focused on
equity linked savings scheme mutual funds involving TATA
infrastructure saving fund, ICICI prudential fund, RELIANCE equity
fund
Objectives of the Study

 To know about the concept of mutual funds and their functioning.

 To understand the calculations of NAV‘S.
 To analyze the fluctuations in NAV‘S.
 To calculate the risk and return involved in tax saving funds.
 To compare and evaluate the performance of tax saving funds.
Research Methodology

All information related to the topic needs to be carefully scrutinized to avoid the risk of biased
analysis. Having once identified which information is relevant and need to be collected, we will have
to define how this will be done.
The Method employed in the investigation depends on the purpose and scope of the study.
 Sources of Information:
Data available in marketing research are either primary or secondary. Primary Data is not included in
this study, only secondary data is taken in to account since, it is a comparative analysis.
 Secondary Data:
Secondary data can be defined as - ―data collected by someone else for purpose other than solving
the problem being investigated‖. Secondary data is collected from external sources which include
information from published material of SEBI and some of the information is collected online. The
data sources also include various books, magazines, newspapers, websites etc.
Limitations of the Study

 The data that is considered for the Comparative analysis of 3 Mutual Funds companies
only for a period of 5 years and performance during this period may not be same in
future.
 As the project period is limited, the long-term data of Mutual Funds are not taken into
consideration in analysis section.
 Mutual Funds of only 3 companies are taken into account for analyzing their
performance, because the time duration of the project is short and limited. The
performance of these funds since inception are not considered.
 The data taken into account for analysis is very general. Confidential data is ignored
as it is highly sensitive. As a result the information presented in the research report is
limited.
Industrial Profile

Mutul Funds Industry :

The mutual fund industry in India began with the setting up of the Unit Trust of India
(UTI) in 1964 by the Government of India. During the last 36 years, UTI has grown
to be a dominant player in the industry with assets of over 4, 17,300crores at end of
the year 2009. The UTI is governed by a special legislation, the Unit Trust of India
Act, 1963. In 1987 public sector banks and insurance companies were permitted to
set up mutual funds and accordingly since 1987, 6 public sector banks have set up
mutual funds. Also the two Insurance companies LIC and GIC established mutual
funds. Securities Exchange Board of India (SEBI) formulated the Mutual Fund
(Regulation) 1993. Since then several mutual funds have been set up by the private
and joint sectors.
History of Industry

Historians are uncertain of the origins of investment funds; some cite

the closed-end investment companies launched in the Netherlands in
1822 by King William I as the first mutual funds, while others point to
a Dutch merchant named Adrian van Ketwich whose investment trust
created in 1774 may have given the king the idea. The name of
Ketwich fund, EendragtMaaktMagt, translates to "unity creates
strength". The next wave of near-mutual funds included an investment
trust launched in Switzerland in 1849.
Company Profile

Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease

Ltd.), a public limited company, was incorporated in 1992 with its
registered office in Mumbai and administrative office at Indore (M.P.).
It is promoted by Mr Sunil Nyati belonging to the Swastika group of
Rajasthan, engaged in diversified business since 1959.
Conclusion

Investment is important to achieve individual goal. Investment means

we have money, then weneed to make analysis to invest the money, and
expected get return in future. If the investmentare run early, then we
will make a lot of profit if the investment run well, if not we will lose
all ofthe investment need to start from earlier. Apart from that, first
thing first we must set aninvestment plan to make the investment run
well. From that, we can know what we will face infuture, what the risk
need counter, what economy is going and many more.