Certificate Program on Mutual Funds

Program

The objectives of this program are :
  • To provide knowledge about the organization and management of mutual funds.
  • To provide fund distributors the knowledge and insights required for them to become Better agents and informed investment advisors.
  • To provide mutual fund employees with an understanding of the complexities of the Mutual fund functions internally and externally.
  • To provide investors with the knowledge of risks and rewards of investing in mutual funds.
  • To equip financial intermediaries like agents, brokers, sub-brokers and employees of Mutual funds to pass the AMFI Certification Test.
  • Introduction

    • 1. Concept of Mutual Fund
    • 2. History of Mutual Fund in India
    • 3. Growth of Mutual Fund Industry in India
    • 3. Total AUM of Mutual Fund
    • 3. Advantages & Disadvantages of Mutual Fund
    Structure of Mutual Fund
    • 1. Organizational Design and Legal Structure,
    • 2. Sponsor, Trustees, AMC, Custodian & Depository, Registrar & Transfer Agent
    • 3. Structure of AMC
    Legal and Regulatory Environment
    • 1. Role of Regulatory Agencies for the Fund and its Constituents
    • 2. Role of SEBI, RBI, AMFI
    • 3. Investor's Rights and Obligations
    • 4. Changes done by SEBI in last 5 years
    Macro-Economic Environment
    • 1. Economy Growth (GDP), Inflation, Exchange rates, Interest rates
    • 2. Relationship between Growth & Money Supply & Interest rates
    • 3. Relationship between Inflation & Money Supply & Interest rates
    • 4. Role of RBI to manage growth & Inflation
    Investing in Mutual Fund
    • 1. Structure of Mutual Fund Products- Open Ended, Close Ended, Interval Fund
    • 2. Types of Product- Debt, Hybrid, Equity, Gold
    • 3. Investment Objective of the Fund
    • 4. Different Types of Debt Fund -Liquid, Ultra Short Term, FMP, Short Term Debt Fund, Long Term
    • 5. Debt Fund, Credit Fund
    • 6. Factors that impact Debt Fund -Interest rates, Growth, Inflation
    • 7. Understand the functioning of Debt Fund - YTM, Modified Duration, Expense ratio
    • 8. Performance of Debt Fund
    • 9. Types of Equity Fund - Large cap, Midcap, Multicar, Small Cap, Sector Fund
    • 10. Tax Saving Fund - ELSS
    • 11. Performance of Equity Fund & ELSS
    • 12. ELSS comparison to other tax saving products
    • 13. Hybrid Fund - MIP, Balance Fund, Capital Protection Fund, Asset Allocation Fund
    • 14. Performance of Hybrid Funds
    • 15. Gold Fund & Gold ETF
    • 16. Benefit of Gold ETF/Fund in comparison to Physical Gold & Jewelry
    Overall Industry Data
    • 1. Current AUM of Indian Mutual Fund
    • 2. No of AMC and their AUM
    Accounting of Mutual Fund
    • 1. NAV, Pricing, Valuation, Accounting & Taxation
    • 2. NAV Concepts and Pricing
    • 3. Accounting
    • 4. Valuation Norms for Securities
    • 5. Reporting and Disclosure Norms
    • 6. Taxation for Debt, Equity, Hybrid & Gold
    Offer Documents & Application Forms
    • 1. Offer Document, SID, SAI, KIM
    • 2. KYC - Documents Required & How to Fill the same
    • 3. Common Application Form, Additional Purchase Form
    • Documents Required, Third Party payments
    Modes of Investment
    • 1. Lump sum, Additional Purchase, SIP, SWP & STP
    • 2. Explain SIP and its benefit
    • 3. Performance of SIP in Equity Fund last 5 years, 10 Years & 15 Years
    • 4. Explain SIP concept and its calculation - Give SIP Wheels.
    • 5. Benefits of SIP
    • 6. Explain STP & SWP
    Timing of Investment
    • 1. Cutoff timing for Liquid Fund and Other Funds, redemption timeframe
    Risk in Mutual Fund
    • 1. Explain Risk in Debt Fund, Equity Fund
    • 2. Explain Risk-o Meter
    • 3. Exit Load and redemption of Close Ended Fund

    • Evaluation of Funds
      • 1. Explain Suitable time frame to Invest in various Debt Funds & Equity Funds
      • 2. Equity Funds - How to categories Fund - Large cap, Multi cap, Midcap
      • 3. Factors - Standard Deviation, Shape ratio, Rolling return etc
      • 4. Debt Fund - Impact of Changing Interest rates, Explain Modified Duration

      Financial Planning
      • 1. Prepare Goal Based Financial Plan
      • 2. Practical Calculations - PV, FV,PMT etc, Time Value of Money
      • 3. XIRR Calculation
      • 4. Recommend Funds based on Various Goals
      • 5. Model Portfolio for Various age group & Risk Profile

      Marketing of Mutual Fund
      • 1. Expense ratio of Funds
      • 2. Explain B15 and T15
      • 3. Commission in Mutual Fund -Upfront & Trail
      • 4. Commission in MF in Long Term on AUM
      • 5. Empanelment of Mutual Fund.
      • 6. Documents, Qualification required

      Factsheet
      • 1. Read Fund factsheet
      • 2. Explain about various information available in Factsheet

      Data Availability for Mutual Fund
      • 1. Website on data Availability of Mutual Fund
      • 2. Selection of Funds

      Participants attending the entire course shall be eligible to receive Participation Certificate from the BSE Institute Ltd.

    4 days (only on Saturdays and Sundays)
    10.00 am to 5.30 pm

    Rs.13,200.00 + Applicable Taxes per participant inclusive of tuition fees, and (morning / evening) refreshments only.

    For further details regarding contents,
    E-mail: training@bseindia.com