A SUMMER TRAINING PROJECT REPORT ON

COMPERATIVE STUDY OF BALANCE SCHEME OF ICICI PRUDENTIAL AND BIRLA SUNLIFE MUTUAL FUND

PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF

master of business admimistration (M.B.A.) (2011 2013)

SUBMITTED TO: Mrs. ANUSHA (PROFESSOR) AGARWAL SUBMITTED BY: TINKU SAINI Roll No.: 1103870109 MBA IIIrd Sem.

INSTITUTE OF TECHNOLOGY AND SCIENCE GHAZIABAD

PREFACE
Preface

Mutual fund is a trust that pools the savings, which are invested in the capital market instruments such as share, debentures and other securities. It works in different manner as compared to other savings organization such banks, national savings scheme, post office, non banking financial companies etc. Mutual fund has many types of funds such as growth fund, income fund, equity fund, etc. Balance fund is one of the funds that have a portfolio comprising debt instruments, convertible securities, and preference and equity shares. Their assets are more or less equal proportions between debt /money market securities and equities. By investing in a mix of this nature , balanced funds seeks to attain the objectives of income ,moderate capital appreciation and preservation of capital ,and ideal for investors with a conservative and long term orientation.

All the balance scheme are not same in nature in terms of giving returns, capital appreciation and safety .Thats why analysis of fund has become a very important proposition for investors as well as for the AMCs. By the study and analysis of the fund we can know the merit and demerits of the fund portfolio Here I have chosen the two funds for comparative analysis. I have compared the both fund with the help of beta analysis, and other instrument of analysis of fund to find out the insight of the fund.

ACKNOWLEDGEMENT
ACKNOWLEDGEMENT

Before I get into the details of the project I would like to add a few heat felt words to the people who were part of this project in numerous way. No work is complete without help and co-operation of an expert mentor. I want to give my sincere thanks to Mr.(Director) and Mrs. Anusha agarwal (professor) without their guidance and moral support this project would have not been completed. I want to extend special thanks to (HR Manager) who is my official mentors have been excellent guide and great friend. It would have been impossible for me to learn so much about mutual fund and Mahindra finance without their support and constant motivation. It really shows that how our Institute think for our training and corporate exposure, and it will really help us to get placed in better organization.

(TINKU SAINI)

DECLARATION
Declaration

I hereby declare that this project titled COMRARATIVE STUDY OF BALANCE SCHEME OF PRUDENTIAL ICICI AND BIRLA SUN LIFE MUTUAL FUND has been done by my own original work. This is a project report submitted in partial fulfillment of the degree course of BBA It is never submitted nor published anywhere else before. The above statement is true to best of my knowledge.

TINKU SAINI Roll No.: 1103870109 MBA IIIrd Sem.

TABLE OF CONTENT
Table of content:
Executive summary Introduction Company profile Mutual fund in India
History of mutual fund in India Types of mutual fund

01 03 06 13
13 21

Special legal structure of mutual fund 34

Objective of the project Research methodology Data analysis and interpretation Observation

46 50 66 71

Finding Recommendation Bibliography Questionnaire

81 83 85 87