THE COMPREHENSIVE STUDY ON MUTUAL FUND WITH REFERENCE TO ANGEL BROKING AT ANNA NAGAR BRANCH

Submitted in the partial fulfillment of the requirements For the award of the degree in

MASTER OF BUSINESS ADMINISTRATION By E.ASHOK Reg. No 2841172

DEPARTMENT OF MANAGEMENT STUDIES

SATHYABAMA UNIVERSITY
(Established under Section 3 of UGC Act 1956) JEPPIAAR NAGAR, OMR ROAD CHENNAI-600119 MARCH 2010

SATHYABAMA UNIVERSITY
(Established Under section 3 of the UGC Act, 1956) Accredited with B++ Grade by NAAC JEPPIAAR NAGAR, CHENNAI - 600 119.

DEPARTMENT OF MANAGEMENT STUDIES

BONAFIDE CERTIFICATE

This

is

to

certify

that

this

Project

Report

is

the

bonafide

work

of

Mr.E.ASHOK. Reg.No 2841172 who carried out the project entitled BROKING AT ANNA NAGAR BRANCH to February 2010. Mr. M.Siva Subramanian Internal Guide

THE

COMPREHENSIVE STUDY ON MUTUAL FUND WITH REFERENCE TO ANGEL under our supervision from December 2009

Mr. kathir External Guide

Head of the Department

Ms. VAISHLI C.MAHAJAN

Submitted for Viva Voce Examination held on_________________

Internal Examiner

External Examiner

DECLARATION
I Mr.E.ASHOK hereby declare that the Project Report entitled THE

COMPREHENSIVE STUDY ON MUTUAL FUND WITH REFERENCE TO ANGEL BROKING AT ANNA NAGAR BRANCH done by me under the guidance of MR. at ANGEL submitted MASTER

SIVA SUBRAMANIAN and Mr. KATHIR (Asst Manager) BROKING PVT.LTD, ANNANAGAR BRANCH, CHENNAI -600024 is in partial fulfillment of the requirements for the award of degree in DEGREE IN BUSINESS ADMINISTRATION.

DATE: PLACE:

(E.ASHOK)

ACKNOWLEDGEMENT

I am indebted to our Chancellor Thiru. Dr. JEPPIAAR, M.A., B.L., Ph.D., and Directors Thiru. Marie Johnson, B.E., M.B.A., M.Phil, Tmt. Mariazeena Johnson, B.E., M.B.A., M.Phil and Vice Chancellor Dr. N.Manoharan, M.E.(Distinction)., Ph.D. for being a source of encouragement which stimulated to do this project.

I wish to convey my thanks to Ms. Vishali.C.Mahajan, M.B.A.Head of the Department of Management Studies for providing me the support.

I am very grateful to my internal guide Mr. M. Siva subramanian, constant encouragement and support.

for this

I am thankful to my external guide Mr. Kathir , Asst Manager Angel Broking for providing me valuable information and support in my project work.

My profound thanks to the elite members of M.B.A., department for their encouragement during my project work.

I again thank one and all in making this project a success.

TABLE OF CONTENTS
CHAPTER NO Executive summary List of figures List of tables 1 INTRODUCTION 1.1 General Introduction 1.2 Theoretical background 1.3 Regulatory aspect 2 3 4 5 6 7 8 9 10 11 12 Company profile Problem statement & objective of the study Research methodology Limitation Analysis of mutual fund Data collection Interpretation and analysis of data Project findings and recommendation Conclusion Reference Questionnaire TITLE PAGE NO. i ii iii 1 1 1 15 21 31 33 36 37 39 42 64 66 67 68

s. no 1.1 1.2 1.3 1.4

List of figures
Structure of mutual fund Growth in asset under management Mutual fund industry in India The risk & return graphs for various funds

Page no. 4 7 14 15

S.NO
1 2 3 4 5

LIST OF TABLE
Time period of funds Returns expected for suggested time frames Comparison between bank and mutual fund Category of investment Investment in different areas by different category people QUESTIONNAIRE TABLE

PAGE NO.
20 20 38 40 41

6 7 8

Percentage of people who invest

42 44 46

investment in financial product

Awareness of mutual fund out of 100 people

9 10

Perception about mutual fund

48 50

Awareness of different mutual fund schemes

11

Comparatively study of risk, return and investment

52

12 13

Identification of mutual fund companies

54 56

Risk taken by different age group

14

Percentage of total income invested in mutual fund

58

15

Awareness of angel broking mutual fund out of 100 people

60

16

Comparison on the basis of places

62