DATA ANALYSYS
SOME OF THE SCHEMES OF MUTUAL FUNDS:
DATA ANALYSYS
SOME OF THE SCHEMES OF MUTUAL FUNDS:
Standard Chartered Mutual Fund
Schemes:
Grindlays cash fund: It is an Open-ended Income scheme with high liquidity. A scheme that invests in money market instruments like Treasury Bills, Call money, Repos , Short-term Corporate Debentures, Commercial Papers, Certificate of Deposits, etc that provide a high level of stability and easy liquidity .
Tax:
The GCF is also very taxed efficient. It comes with a daily (compulsory reinvestment), Weekly (compulsory reinvestment), Monthly and Bi-monthly dividend options. Each day gains are declared in the form of dividends and then reinvested after netting it off against Dividend Distribution Tax (currently 20.91%).This dividend is completely tax free. So the net tax incidence is just 20.91% as compared to 36.5925% for comparable non mutual fund option.
Grindlays Floating Rate Fund: It seeks to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt and money market instruments.
GFRF primarily invests in Floating rate debentures and bonds, Short tenor fixed rate instruments and long tenor fixed rate instruments swapped to floating rate.
Plans: The fund comes in two plans
Short term plan for investors with a time horizon of 1-6 months.
Long term plan for investors with a time horizon of beyond 6 months.
Grindlays Debt Funds: Debt funds are funds that invest only in debt securities and are designed to primarily protect your capital and provide better returns by investing in high quality debt securities.
Operations of Debt funds: There are two important sources of revenue that a debt fund earns:
a) Interest income
When you invest in a Bank / Company deposit, it offers you a fixed rate of interest with the principal being returned on maturity. Similarly when a debt fund invests in various debt securities the issuers of these securities offer a rate of interest and the principal on maturity. The issuers of these securities could either could either be various corporates like Reliance, Hindalco, ICICI, Bharat Petroleum or the Government of India.
b) Mark to Market gain/loss
As interest rates on bank fixed deposits change frequently so do interest rates on debt securities. Interest rates and debt security prices are in fact the two sides in seesaw. In general, prices fall when interest rates rise and rise when interest rates fall. If the interest rates were to decline then newer bonds would be issued at
lower interest rates than existing bonds. Consequently old bonds would be dearer and hence prices of these older bonds would rise.
Similarly if interest rates were to raise then value of old bonds would fall, as newer bonds would bear higher interest rates. The traded price of a bond may thus differ from its face value. The longer a bonds period to maturity, the more its price tend to fluctuate as market interest rates change.
DSP Merrill lynch Mutual Fund:
Schemes
Liquidity Fund:
It is an open-ended fund liquid scheme seeking to generate a reasonable return commensurate with low risk and high degree of liquidity from a portfolio constituted of money market securities and high quality debt securities.
Floating rate Fund:
It is an open-ended income scheme seeking to generate income commensurate with prudent risk from a portfolio substantially constituted of floating rate debt securities and fixed rate debt securities swapped for floating rate returns. The scheme may also invest in fixed rate debt securities and money market securities.
Short term Fund:
It is an open-ended income scheme seeking to generate income commensurate with prudent risk, from a portfolio constituting of money market securities, floating rate debt securities and debt securities.
Bond fund:
It is an open-ended income scheme seeking to generate an attractive return, consistent with prudent risk from a portfolio, which is substantially constituted of high quality debt securities of issuers predominantly domiciled in India.
Equity Fund:
It is an open ended growth scheme seeking to generate long term capital appreciation, from a portfolio which is substantially constituted of equity and equity related securities of issuers domiciled in India. The scheme may also invest a certain portion of its corpus in debt and money market securities, in order to meet liquidity requirements from time to time.
T.I.G.E.R Fund:
It is an open ended growth scheme whose primary investment objective is to seek to generate capital appreciation, from a portfolio that is substantially constituted of equity securities of corporates, which could benefits from structural changes brought about by continuing liberalization in economic policies by the government and / or from continuing investments in infrastructure, both by public and private sector.
HDFC MUTUAL FUND
Schemes
HDFC Growth Fund:
It is a open ended scheme seeking to generate long term capital
appreciation from a portfolio that is invested predominantly in equity and equity related instruments
HDFC Equity Fund:
It is an open-ended growth scheme to achieve capital appreciation.
HDFC Top 200 Fund:
It is an open-ended growth scheme seeking to generate long-term capital appreciation from a portfolio of equity and equity-linked instruments primarily drawn from the companies in BSC 200 index.
HDFC Balanced Fund:
It is an open ended balanced scheme seeking to generate capital appreciation along with current income from a combined portfolio of equity and equity related and debt & money market instruments.
It is an open-ended equity linked saving scheme with a lock-in period of 3 yrs seeking to generate long term growth of capital.
HDFC Gilt Fund:
It is an open-ended income scheme seeking to generate credit risk-free returns through investments in sovereign securities issued by central government or state government.
Birla Sun Life Mutual Fund:
Schemes
Birla Advantage Fund:
It is an open-ended diversified equity fund and portfolio remains over wait across banks MNC pharma, IT and Telecom.
Birla Dividend Yield Plus:
It is an open-ended growth scheme investing in high dividend yield companies and continuously having a positive outlook on banking sector.
Birla Mid cap Fund:
It is an open ended growth scheme investing primarily in mid cap stocks and the portfolio remains well diversified across pharmaceutical, banking, consumer non durable, IT, Hotels.
Birla MNC Fund:
It is an open-ended growth scheme investing in multi national companies and the portfolio remains over weight across consumer non-durable, IT, Agro chemicals.
It is an open-ended government security scheme.
Birla Equity Plan:
It is an open-ended equity linked savings scheme with a lock-in for three years.
Kotak Mutual Fund
Schemes:
Kotak 30:
It is an open-ended equity growth scheme seeking to generate capital appreciation from a portfolio of predominantly and equity related securities with investment in, generally, not more than 30 stocks.
Kotak opportunities:
It is an open-ended equity growth scheme seeking to generate capital appreciation from a diversified portfolio of equity and equity related securities.
Kotak Global India:
It is an open-ended growth scheme seeking to generate capital appreciation from a diversified portfolio of equity and equity related securities issued by globally competitive Indian companies.
Kotak Liquid:
It is an open-ended debt scheme to provide reasonable returns and high level of liquidity by investing in debt and money market instruments of different maturities so as to spread the risk across different kinds of issuers in debt
Chola mutual fund:
Schemes:Cholamandalam growth fund:
It is an open ended scheme seeking to generate long term capital appreciation, income through investments in equity & equity related instruments; the secondary objective is to generate some current income and distributive dividend.
Chola midcap fund:
It is an open ended scheme seeking to generate capital appreciation by investing primarily in mid cap stocks. The scheme will invest primarily that have a market capitalization between Rs.300 crores to Rs. 3000 crore.
Chola opportunities fund:
It is an open ended scheme which will invest mainly to generate long term capital appreciation from a diversified portfolio of equity and equity related securities.
Chola Multi-cap fund:
It is an open-ended growth scheme which will provide long term capital appreciation by investing in a well diversified portfolio of equity and equity related instruments across all ranges of market capitalization.
Chola Gilt investment plan:
It is an open-ended growth scheme seeking to generate returns from a portfolio by investing in Government securities.
Chola monthly income plan:
It is an open-ended growth scheme seeking to generate monthly income through investment in range of debt, equity and money market instruments.