kotak mutual fund123
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OVERVIEW
Kotak Mahindra is one of India's leading financial institutions. It is
offering complete financial solutions that encompass every sphere of
life. It has given facilities which is increasing from commercial banking,
to stock broking, to mutual funds, to life insurance, to investment
banking; the group caters to the financial needs of individuals and
corporate.
The group has a net worth of over Rs. 2,900 crore and has employs
around 8,800 people in its various businesses and also has a distribution
network of branches, franchisees, representative offices and satellite
offices across 282 cities and towns in India and offices in New York,
London, Dubai and Mauritius. The Group services are around 2 million
customer accounts.
THE JOURNEY SO FAR...
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In October 2005, Kotak Group acquired the 40% stake in Kotak Primeheld by Ford Credit International (FCI) and FCI acquired the stake in Ford
Credit Kotak Mahindra (FCKM) held by Kotak Group.
In May 2006, Kotak Group bought 25% stake held by Goldman Sachs inKotak Capital and Kotak Securities
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HISTORY
The Kotak Mahindra Group was born in 1985 as Kotak Capital
Management Finance Limited. This company was promoted by Uday
Kotak, Sidney A. A. Pinto and Kotak & Company. Industrialists Harish
Mahindra and Anand Mahindra took a stake in 1986, and that's when the
company changed its name to Kotak Mahindra Finance Limited.
Since then it's been a steady and confident journey to growth and
success.
1986 Kotak Mahindra Finance Limited started the activity of Bill Discounting
1987Kotak Mahindra Finance Limited entered the Lease and Hire Purchase
market
1990 The Auto Finance division was started
1991
The Investment Banking Division was started. Takes over FICOM, one
of Indias largest financial retail marketing networks
1992 Enters the Funds Syndication sector
1995
Brokerage and Distribution businesses incorporated into a separate
company - Kotak Securities. Investment Banking division incorporated
into a separate company - Kotak Mahindra Capital Company
1996
The Auto Finance Business was hived off into a separate company -
Kotak Mahindra Prime Limited (formerly known as Kotak Mahindra
Primus Limited). Kotak Mahindra takes a significant stake in Ford Credit
Kotak Mahindra Limited, for financing Ford vehicles. The launch of
Matrix Information Services Limited marks the Groups entry into
information distribution.
1998Enters the mutual fund market with the launch of Kotak Mahindra Asset
Management Company.
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2000
Kotak Mahindra ties up with Old Mutual plc. for the Life Insurance
business.
Kotak Securities launches its on-line broking site (now
www.kotaksecurities.com). Commencement of private equity activitythrough setting up of Kotak Mahindra Venture Capital Fund.
2001
Matrix sold to Friday corporation Launches Insurance Serviceto Friday
Corporation
Launches Insurance Services
2003Kotak Mahindra Finance Ltd. converts to a commercial bank the first
Indian company to do so.
2004 Launches India Growth Fund, a private equity fund.
2005
Kotak Group realigns joint venture in Ford Credit; Buys Kotak MahindraPrime (formerly known as Kotak Mahindra Primus Limited) and sellsFord credit Kotak Mahindra.
CORPORATE IDENTITY
INTRODUCTION
What is a mutual fund?
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A mutual fund pools the money of people with similar investment goals.
The money in turn is invested in various securities depending on the
objectives of the mutual fund scheme. The profits (or loss) from such
investments are shared among investors in proportion to their
investments. Thus, depending on your investment horizon, risk tolerance
and required rate of return, you can choose from mutual fund schemes
that are:
1. Fixed income oriented, i.e. those that do not invest in shares, but
focus on fixed income instruments
2. Equity oriented i.e. those that invest predominantly in shares
3. Hybrid i.e. invest in a combination of equity and fixed income
instruments
A mutual fund scheme normally issue units at Rs.10 during the initial
offer. Thereafter, the profits (or loss) on your investment is reflected in
the Net Asset Value (NAV) of the mutual fund scheme. The NAV is the
actual value of a unit of a scheme on a given day. Open end schemes
allow you to buy fresh units or sell your existing units back to the fund
on any working day at a NAV based price.
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What are the types of mutual funds?
Mutual funds can be classified based on their objectives as:
Sector Equity Schemes: These schemes invest in shares of
companies in a specific sector.
Diversified Equity Schemes:These schemes invest in shares of
companies across different sectors of the economy.
Hybrid Schemes: These schemes invest in a mix of shares and
fixed income instruments.
Income Schemes: These schemes invest in fixed income
instruments such as bonds issued by corporate and financial
institutions, and government securities.
Liquid/Money Market Schemes:These schemes invest in short-
term instruments such as certificate of deposits, treasury bills and
short-term bonds.
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How is Mutual Fund Structured?
A mutual fund is set up as a trust or trustee company and may be
sponsored by individuals or corporate.
SEBI has prescribed the duties and responsibilities of the trustees/board
of directors of the trustee company, which includes appointing an Asset
Management Company (AMC) to manage the assets of the various
schemes floated by it. The assets of the various schemes are held in
custody of a SEBI approved custodian and all purchases/sales of
securities by the AMC are routed through the custodian. All these
entities - the fund, AMC, custodian etc. are governed by SEBI (Mutual
Funds) Regulations and each of them have separate internal and
external auditors, in addition to special SEBI inspections, to ensure that
they work in line with SEBI Regulations and in the best interest of
investors.
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What are the benefits of investing in mutual funds?
As opposed to investing directly in different asset classes, accessing
them through a mutual fund has several advantages:
Professional Management:
Your money is managed by professionals who have the experience and
resources to thoroughly analyze the economy and financial markets, and
spot good opportunities.
Diversification:
With smaller amounts, you can achieve a higher degree of diversification
and reduce your risk.
Liquidity and Convenience:
Investing and getting back your money is easy. Also, there is very little
paper work, and it is very easy to track and monitor your investments.
Tax Benefits:
Some mutual fund schemes offer you tax rebates under Section 88. In
addition, your returns from mutual funds (dividends and capital
appreciation) are also eligible for favorable tax treatment.
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Advantages of Investing In Mutual Fund
1. Investment Options for different investors and Investment
needs:
1. Debt Funds for regular income
2. Equity Funds for growth of your capital
3. There are various kinds of funds designed to meet different
investment needs; Mutual Funds offer investment options ranging
from a day to a decade or more.
4. There are options available for the most risk adverse investor and
extremely aggressive investor.
5. Individuals, Corporate, HUFS, Trusts and NRIS can invest and
benefit from Mutual Funds.
2. Gain from professional management & risk control
1. Mutual Funds are the ideal investment vehicles that allow you to
benefit from the market, since they typically offer market linked or
above market average returns.
2. Mutual Funds are not only managed professionally, but alsoextensively regulated by SEBI.
3. Liquidity
1. Maximum liquidity when compared with any other investment
option.
4. Convenience
1. Flexibility in the amount of Investment.
2. Flexibility in the frequency of Investment.3. Choice of time-horizon of investment:
Short Term
Medium Term
Long Term
4. Choice of type of Investment:
Debt
EquityBalanced
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5. Easy to switch between different schemes/ plans (investor can
shift from debt to equity markets and from equity to debt).
6. Different options available for investments:Dividends
Growth
7. Option to invest and withdraw systematically over a period of
time.
5. Transparency
1.Mutual Fund investing is really simple and transparent.
2. Regular updates from fund houses
3. Portfolio disclosures necessary as per SEBI regulations.
6. Easy to Buy and Sell
1. All it takes is an application form of the fund one wishes to invest
in, rest will be taken care by the advisors.
2.
Redemption request is processed normally with in 3 working days.
7. Tax Benefits
1. No tax on the dividends in the hands of the investor (Debt funds
-12.81% (12.5% distribution tax plus 2.5%) dividend tax paid by
the fund before distribution of dividends)
2. No dividend distribution tax for equity mutual funds (completely
tax free dividends).
3. Tax liability only when investment is redeemed /withdrawn (not
every year)
4. Long term capital gains tax benefits
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RISKS ASSOCIATED WITH MUTUAL FUNDS
The price of a security may be affected because of the overall sentiment
in the market. Sentiment means how most people in the market fell.
1. ECONOMIC RISK
The price of securities may fluctuate because the expectation about the
national economy whether the economy as a whole is slowing to other
competing economies.
2. INTEREST RATE RISK
Changes in interest rate (which occur due to changes in supply and
demand for money) influences securities process. In case of fixed
income securities, the impact is direct. If interest rate rises, price falls
and vice versa. Fall in interest rate may benefit share prices because
cost of funds to companies may move down, hence their profit may go
up.
3. CREDIT RISK
The risk of failure on part of a borrower to meet interest and principal
amount obligations.
4. REGULATORY RISK
Price of securities may be affected due to changes in law, procedures,
import export policy etc.
5. INDUSTRY RISK
A particular security may be affected due to certain developments
peculiar to that industry.
6. TECHNOLOGY RISK
Discovery of new processes or radical changes in technology used by
certain companies may affect prices of shares of that company. This is
also known as risk of obsolescence.
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7. ENVIRONMENTAL RISK
Certain companies may be adversely affected because of certain
restriction imposed on them by the authorities for protection of the
environment.
8. EVENT RISK
Some times an event such as an accident or an earthquake may
influences prices of securities because the event may cripple the
operations of a company temporarily or permanently.
9. COUNTRY RISK
A country in financial difficulty may impose restriction on trade and
capital flows affecting investments made in that country.
SYSTEMATIC INVESTMENT PLAN
This is an investment technique where you deposit a fixed, small amount
regularly into the mutual fund scheme ( every month or quarter as per
your convenience) at the prevailing NAV ( net assets value ), subject to
applicable load.
A systematic investment plan offers two major benefits to an investor. It
avoids lump sum investment at one point of time in a scenario of falling
prices; it reduces your overall cost of acquisition by a process of rupee
cost averaging. This means that at lower prices you end up getting more
units for the same investment.
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RESEARCH METHODOLOGY
PROBLEM DEFINITION
Awareness of mutual fund in Bardoli.
OBJECTIVE OF THE STUDY
- To find out the awareness of mutual fund of the people in bardoli.
- To find investment pattern of mutual fund.
- To find out the preference of people to invest in mutual fund.
RESEARCH DESIGN
In this project the Descriptive research design has been used in which
the data are collected by cross sectional research design. As the study is
done to know the awareness of mutual fund only and not to find out any
reason for the awareness level of mutual fund in bardoli and as it only
describes the level of awareness and not explains anything the study is
descriptive study.
SAMPALING PLAN
The sampling plan is about how many respondents are to be taken under
the research out of the overall population. In this study the non-
probability sampling technique has been used as it is more appropriate
to conduct because it is not possible to know the awareness of mutual
fund in bardoli by only one group. And as the respondents are the
persons who met on convenience and not any specific group of persons
the convenience sample have been taken.
The survey has been done with sample of 200 respondents
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DATA ANALYSIS AND INTERPRITATION
Q- 1 Are you aware about Mutual Fund?
Frequencies
Frequency PercentYES 168 84%NO 32 16%Total 200 100%
NO
YES
AWARE
Inference: from the above table 84% respondents out of 200 are aware
about Mutual Fund and 16% respondents are not aware about Mutual
Fund.
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Q 2 What are your reasons for unaware about Mutual Fund?
Frequencies
Responses
N PercentLack of Knowledge 8 24.2%Lack of Information 3 9.1%Not Interested 22 66.7%Total 33 100.0%
LACK OF KNWLEDGE
LACK OF
INFORMATION
NOT INTERESTED
Inference: From the above table 24.2% respondents are not aware
about Mutual Fund because of Lack of Knowledge and 66.7%
respondents are not aware about Mutual Fund because of Not Interest.
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Q -3 From where you come to know about Mutual Fund?
Frequencies
Responses
N PercentNews Paper 76 22.6%T.V. 71 21.1%Internet 34 10.1%Hoarding 11 3.3%Friend 66 19.6%Agent 78 23.2%Total 336 100.0%
23%
21%
10%3%
20%
23% News Paper
T.V.
Internet
Hoarding
Friends
Agent
Inference: From the above table 23.3% respondents come to know
about Mutual Fund from Agent, 23% respondents from News paper and
Agent and only
3% respondents come to know about Mutual Fund from Hoarding.
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Q -4 Do you invest in Mutual Fund?
Frequencies
Frequency PercentYES 116 58.0NO 52 26.0Total 200 100.0
NO
YES
0
DO INV
Inference: From the above table 58% respondents out of 200 are
investing in Mutual Fund and 42% are not investing in Mutual Fund out
of which 16% are not aware about Mutual Fund.
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Q -5 What are your reason for not investing in Mutual fund?
Frequencies
ResponsesN Percent
Lack of Knowledge 11 18.6%Too Risky 13 22.0%Requires High Investment 17 28.8%Uncertainty of Return 8 13.6%Secured & Fix Return 10 16.9%Total 59 100.0%
19%
22%
28%
14%
17%
LACK OF KNOWLEDGE
TOO RISKY
REQUIRE HIGH
INVESTMENT
UNCERTAINTY OF
RETURN
INTERESTED IN
SECURED AND FIXED
RETURN
Inference: From the above table 28.8% respondents are not investing
in Mutual Fund because of Requirement of High Investment. 18.6%
respondents are not investing in Mutual Fund because of Lack of
Knowledge. 13.6% respondents are not investing in Mutual Fund
because of Uncertain Return.
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Q -6 How frequently you invest in mutual fund?
Frequencies
Frequency PercentOnce 19 9.5Twice 19 9.5More than twice 44 22.0Regularly 34 17.0Total 200 100.0
REGULARLY
MORE THAN TWICE
TWICE
ONCE
0
FREQ
Inference: From the above table 22.0% respondents out of 200 have
invested more than twice in Mutual fund. 17.0% respondents out of 200
are investing regularly in Mutual fund. 9.5% respondents out of 200 have
invested once and twice in Mutual fund.
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Q -7 What are your investment objectives in a Mutual funds?Tick marks the followings as per your preference level.
One-Sample Statistics
N MeanDiversification 200 2.41Liquidity 200 2.36Reducing Risk 200 2.43Good Return 200 2.67Market Risk 200 2.16Tax Benefit 200 2.60
Prof. Mgt 200 2.14
DIVERSIFICATION
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, we
hypothesize that the respondents are neutral that the diversification isone of the criteria considered by the investors while they invest in
mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that diversification objectiveis a criterion consider by him while investing in mutual fund.
Significance level: 0.05
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Test Value at 3
Test Value = 3
t-3.806
df
199
Sig.(2-tailed)
MeanDifference
95% ConfidenceInterval of theDifference
Lower Upper
diversification .000 -.590 -.90 -.28
Inference:
Here the test is performed at 95% significance level and the t-value
comes out as .000 which is less than 0.05, it means that the null
hypothesis H0 is rejected. It can be said that there is significant
difference between calculated mean and hypothesized mean.
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LIQUIDITY
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, wehypothesize that the respondents are neutral that the liquidity is one of
the criteria consider by the investors while they invest in mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that liquidity objective is
one of the important criteria consider by investors to invest in mutual
fund.
Significance level: 0.05
Test Value = 3
t
-4.243
df
199
Sig.(2-tailed)
MeanDifference
95% ConfidenceInterval of theDifference
Lower Upper
Liquidity .000 -.645 -.94 -.35
Inference:
Here the test is performed at 95% significance level and the t-valuecomes out as .000 which is less than 0.05, it means that the null
hypothesis H0 is rejected. It can be said that there is significant
difference between calculated mean and hypothesized mean.
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REDUCING RISK
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, we
hypothesize that the respondents are neutral that the reducing risk is
one of the criteria consider by the investors to invest in mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that reducing risk is a
criterion considered by investors to invest in mutual fund.
Significance level: 0.05
Test Value = 3
t
-3.674
df
199
Sig.(2-tailed)
Mean
Difference
95% Confidence
Interval of theDifference
Lower Upper
Reduce risk .000 -.575 -.88 -.27
Inference:
Here the test is performed at 95% significance level and the t-value
comes out as .000 which is less than 0.05, it means that the null
hypothesis H0 is rejected. It can be said that there is significant
difference between calculated mean and hypothesized mean.
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GOOD RETURN
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, wehypothesize that the respondents are neutral that the good return is one
of the criteria consider by the investors to invest in mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that good return objective is
a criterion considers by him investors to invest in mutual fund.
Significance level: 0.05
Test Value = 3
t
-2.022
df
199
Sig.(2-tailed)
MeanDifference
95% ConfidenceInterval of theDifference
Lower Upper
Good return .045 -.335 -.66 -.01
Inference:
Here the test is performed at 95% significance level and the p-value
comes out as .045 which is less than 0.05, it means that the null
hypothesis H0 is rejected. It can be said that there is significant
difference between calculated mean and hypothesized mean.
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MARKET RISK
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, we
hypothesize that the respondents are neutral that the market risk is one
of the criteria consider by the investors to invest in mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that market risk objective is
criteria consider by investors to invest in mutual fund.
Significance level: 0.05
Test Value = 3
t
-5.885
df
199
Sig.(2-tailed)
MeanDifference
95% ConfidenceInterval of theDifference
Lower Upper
Market risk .000 -.840 -1.12 -.56
Inference:
Here the test is performed at 95% significance level and the p-value
comes out as .000 which is less than 0.05, it means that the null
hypothesis H0 is rejected. It can be said that there is significant
difference between calculated mean and hypothesized mean.
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TAX BENEFITS
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, wehypothesize that the respondents are neutral that the tax benefit is one
of the criteria consider by the investors while they invest in mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that tax benefit objective is
criteria consider by investors to invest in mutual fund
Significance level: 0.05
Test Value = 3
t
-2.402
df
199
Sig.(2-tailed)
MeanDifference
95% ConfidenceInterval of theDifference
Lower Upper
Tax benefit .017 -.400 -.73 -.07
Inference:
Here the test is performed at 95% significance level and the p-value
comes out as .017 which is less than 0.05, it means that the null
hypothesis H0 is accepted. It can be said that there is significant
difference between calculated mean and hypothesized mean.
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PROFESSIONAL MANAGEMENT
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (2.00). In other words, we
hypothesize that the respondents think some what not important that
the professional management is one of the criteria consider by the
investors while they invest in mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (2.00). In other words the
investors are not agree some what important with the statement that
professional management objective is a criterion consider by him while
investing in mutual fund
Significance level: 0.05
Test Value = 2
t dfSig. (2-tailed)
MeanDifferen
ce
95% ConfidenceInterval of the
Difference
Lower Upper Lower Upper Lower Upper
OBJ PROF MGT .957 199 .340 .135 -.14 .41
Inference:
Here the test is performed at 95% significance level and the p-value
comes out as .340 which is more than 0.05, it means that the null
hypothesis H0 is accepted and alternative hypothesis is rejected and it
can be said that there is no significant difference between calculated
mean and hypothesized mean.
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Q 8 Give your preference of various schemes available inmutual funds.
One-Sample Statistics
N MeanStd.
Deviation
Std.ErrorMean
GRO SCH 200 2.65 2.323 .164BAL SCH 200 2.45 2.225 .157MMM SCH 200 1.99 1.911 .135SS SCH 200 2.02 1.918 .136
Growth scheme
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, we
hypothesize that the respondents are neutral that the growth scheme is
one of the criteria consider by the investors while they invest in mutual
fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that growth scheme
objective is a criterion considered by investors to invest in mutual fund
Significance level: 0.05
Test Value = 3
t
-2.131
df
199
Sig.
(2-tailed)
MeanDiffere
nce
95% ConfidenceInterval of the
DifferenceLower Upper
Growth scheme .034 -.350 -.67 -.03
Inference:
Here the test is performed at 95% significance level and the p-value
comes out as .034 which is less than 0.05, it means that the null
hypothesis H0 is rejected. It can be said that there is significant
difference between calculated mean and hypothesized mean.
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Balance scheme
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, we
hypothesize that the respondents are neutral that the professional
management is one of the criteria consider by the investors to invest in
mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that professional
management objective is a criterion consider by investors to invest in
mutual fund.
Significance level: 0.05
Test Value = 3
t-3.495
df
199
Sig.(2-tailed)
Mean
Difference
95% ConfidenceInterval of theDifference
Lower Upper
Balance scheme .001 -.550 -.86 -.24
Inference:
Here the test is performed at 95% significance level and the p-value
comes out as .001 which is less than 0.05, it means that the null
hypothesis H0 is rejected. It can be said that there is significant
difference between calculated mean and hypothesized mean.
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Money market mutual fund scheme
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, we
hypothesize that the respondents are neutral that the professional
management is one of the criteria consider by the investors to invest in
mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that professional
management objective is a criterion consider by investors to invest in
mutual fund.
Significance level: 0.05
Test Value = 3
t-7.510
df
199
Sig.(2-tailed)
MeanDifference
95% ConfidenceInterval of the
DifferenceLower Upper
Money market scheme .000 -1.015 -1.28 -.75
Inference:
Here the test is performed at 95% significance level and the p-value
comes out as .000 which is less than 0.05, it means that the null
hypothesis H0 is rejected. It can be said that there is significant
difference between calculated mean and hypothesized mean.
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Specific sector scheme
Null Hypothesis (HO): There is no significant difference between
calculated mean and hypothesized mean (3.00). In other words, we
hypothesize that the respondents are neutral that the professional
management is one of the criteria consider by the investors to invest in
mutual fund.
Alternative Hypothesis (H1): There is significant difference between
calculated mean and hypothesized mean (3.00). In other words the
investors are not neutral with the statement that professional
management objective is a criterion consider by investors to invest in
mutual fund
Significance level: 0.05
Test Value = 3
t-7.227
df
199
Sig.(2-tailed)
MeanDifference
95% ConfidenceInterval of the
DifferenceLower Upper
Specific sector scheme .000 -.980 -1.25 -.75
Inference:
Here the test is performed at 95% significance level and the p-value
comes out as .000 which is less than 0.05, it means that the null
hypothesis H0 is rejected. It can be said that there is significantdifference between calculated mean and hypothesized mean.
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Q 9 How much percentage of income you invested in MutualFund?
Statistics% of income invested in Mutual Fund
% of Income Invest in M.F. Frequency PercentLess than 5% 15 7.5%5% - 9% 31 15.5%10% - 14% 27 13.5%15% - 20% 25 12.5%More than 20% 18 9%Total 200 100%
FREQUENCY
13%
26%
23%
22%
16%LESS THAN 5%
5% TO 9%
10% TO 14%
15% TO 20%
MORE THAN 20%
Inference: From the above table there are 15.5% respondents out of
200 are investing from 5% to 9% of their income, while only 7.5%
respondents are investing less than 5% of their income in Mutual Fund
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Q 10 Are you aware of the various facilities come under MutualFund?
Facilities come under mutual Fund Frequencies
Frequency PercentSYSTEMATIC TRANSFER PLAN 40 20.7%SYSTERMATIC INVESTMENT PLAN 105 54.4%SYSTEMATIC WITHDRAWAL PLAN 48 24.9%Total 193 100.0%
21%
54%
25% SYSTEMATIC
TRANSFER PLAN
SYSTEMATIC
INVESTMENT PLAN
SYSTEMATIC
WITHDRAWAL PLAN
Inference: From the above table 54.4% respondents are aware of the
Systematic Investment Plan in Mutual Fund. 24.9% respondents are
aware of the Systematic withdrawal Plan in Mutual Fund. 20.7%
respondents are aware of the Systematic Transfer Plan in Mutual Fund.
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AGE
AGE * % INC. Cross tabulationCount
% INC. Total
NOTINVEST
Lessthan 5%
5% to9%
10% to14%
15% to20%
Morethan20%
AGE Lessthan 21
8 1 9
21 to 40 51 5 21 15 19 15 12641 to 60 22 10 9 12 5 2 60
Morethan 60
3 1 1 5
Total 84 15 31 27 25 18 200
Inference:
There are 18 respondents who invest more than 20% of their income in
mutual fund and in which 15 respondents whose age comes under 21 to
40. There are 25 respondents who invest 15% t o20% of the income in
mutual fund and in which 19 respondents whose age comes under 21 to
40. There are 31 respondents who invest 5% to 9% of the income inmutual fund and in which 21 respondents whose age comes under 21 to
40.
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OCCUAPTION
OCCUPATION. * % INC. Cross tabulationCount
% INC. TotalNOT
INVESTLessthan5%
5%To9%
10%To14%
15%to
20%
Morethan20%
OCCU. Student 5 1 2 1 9Business 15 4 6 3 1 29Service 54 12 22 20 18 15 141
Profession 4 1 2 4 11Other 6 1 1 1 1 10
Total 84 15 31 27 25 18 200
Inference:
There are 18 respondents who invest more than 20% of their income in
mutual fund and in which 15 respondents who are doing service. There
are 25 respondents who invest 15% t o20% of the income in mutual fund
and in which 18 respondents who are doing service. There are 31
respondents who invest 5% to 9% of the income in mutual fund and inwhich 22 respondents who are doing service.
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ANNUAL INCOME
ANNUAL INCOME. * % INC. Cross tabulationCount
% INC. TotalNOT
INVESTLessthan5%
5%To9%
10%to
14%
15%To20%
Morethan20%
ANNINC.
0 1 1
Lessthan
1,00,000
47 5 10 9 5 3 79
1,00,000
to1,99,999
25 4 11 7 9 5 61
2,00,000to
2,99,999
9 4 7 8 3 5 36
3,00,000to
4,00,000
1 1 2 1 7 2 14
Morethan
4,00,000
1 1 1 2 1 3 9
Total 84 15 31 27 25 18 200
Inference:
There are 18 respondents who invest more than 20% of their income in
mutual fund and in which 3 respondents who are earning more than Rs.
4, 00,000. There are 25 respondents who invest 15% t o20% of the
income in mutual fund and in which 7 respondents whose annual incomeis from Rs. 3, 00,000 to Rs. 4, 00,000.
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CONCLUSIONS
There are 84% respondents are aware about Mutual Fund.
Out of 16% respondents who are not aware about Mutual Fund
from them 66.7% are not aware because they are not interested.
More number of people are come to know about Mutual Fund from
News paper and Agent.
58% respondents are investing in Mutual Fund.
28.8% respondent who is not investing in mutual Fund thinks that
there is requirement of high investment.
The respondents who invest in Mutual Fund out of them 22%
respondents have invested More than twice while 17%
respondents are investing regularly.
The people are investing in Mutual Fund with an objective to get
more return and to get the tax benefit.
The more number of persons invest in Growth Scheme of Mutual
Fund.
The more number of investors invest 5% to 9% of the income in
Mutual Fund.
The most ofservice persons are investing in Mutual Fund.
The most of investors age is from 21 to 40.
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http://h/kinjal/Q1.dochttp://h/kinjal/q2.dochttp://h/kinjal/q3.dochttp://h/kinjal/q4.dochttp://h/kinjal/q5.dochttp://h/kinjal/q6.dochttp://h/kinjal/q8.dochttp://h/kinjal/q9.dochttp://h/kinjal/OCCUPATION.dochttp://h/kinjal/AGE.dochttp://h/kinjal/Q1.dochttp://h/kinjal/q2.dochttp://h/kinjal/q3.dochttp://h/kinjal/q4.dochttp://h/kinjal/q5.dochttp://h/kinjal/q6.dochttp://h/kinjal/q8.dochttp://h/kinjal/q9.dochttp://h/kinjal/OCCUPATION.dochttp://h/kinjal/AGE.doc -
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RECOMMENDATION
There is need to use more sources to make people aware about
Mutual Fund.
People must be informed that there is not requirement of High
investment to invest in Mutual Fund.
The importance of Balance Plan should also be informed to the
investors so who are not investing in Mutual Fund because they
feel risk is more can invest.
The facilities in Mutual Fund of Systematic Withdrawal Plan &
Systematic Transfer plan should be informed to the investors.
There are number of investors who are service persons so they
must be focused to invest regularly for long period of time as it
gives more benefits.
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BIBILIOGRAPHY
BOOKS
Gordan & Natarajan (2003), Financial Markets and Services,
New Delhi Books:
Cooper & Schindler (2003), Business Research Methods, New York, (The
McGraw Hill Companies).
Darren George & Paul Maliery (2006), SPSS for windows step by step,
sixth Edition, (Pearson Education, Inc).
Websites
www.amfiindia.com
www.moneymarket.com
www.kotakbank.com
http://www.amfiindia.com/http://www.moneymarket.com/http://www.kotakbank.com/http://www.amfiindia.com/http://www.moneymarket.com/http://www.kotakbank.com/