SlideShare uma empresa Scribd logo

Final Mutual Fund

•
•
Kapil Israni
Kapil Israni

This document provides an overview of mutual funds, including: - What a fund is and how it pools shareholder money to invest in securities and distribute returns. - The key players in a fund like investors, fund managers, custodians and transfer agents. - How funds make money through income like dividends and interest, and capital gains. - How the net asset value (NAV) of a fund is calculated based on the value of its holdings and shares outstanding. - The daily processes involved in fund accounting like trade processing, income accruals, and expense accruals that influence the NAV.

1 de 36
Welcome to Introduction to Fund Training
[object Object],[object Object],[object Object],[object Object],What is a Fund?
Characteristics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How does a fund make money? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How does a shareholder make money? ,[object Object],[object Object],[object Object]
The key players in the Fund Industry ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Investor ,[object Object],[object Object],[object Object],[object Object]
The Transfer Agent ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Fund Accountant ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Fund Manager ,[object Object],[object Object],[object Object]
The Trustee ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Custodian ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],Fund TA FA FM Custody/Trustee IBM Google Microsoft Private investors Private companies Institutional investors ,[object Object],[object Object],Distributions to shareholders Reinvestment
Fund Valuation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fund Valuation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],NAV Calculation:
Net Asset Value ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fund Valuations - Key Steps ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Shareholder Capital ,[object Object],[object Object]
Subscriptions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Redemptions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Trades ,[object Object],[object Object],[object Object],[object Object],[object Object]
Corporate Actions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Aim of Corporate Actions ,[object Object],[object Object],[object Object],[object Object]
Corporate Action Examples ,[object Object],[object Object],[object Object],[object Object],[object Object]
Income ,[object Object],[object Object]
Income ,[object Object],[object Object],[object Object],[object Object]
Dividends ,[object Object],[object Object],[object Object]
Example - ,[object Object],[object Object],[object Object],[object Object]
Bond Income ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Expenses
[object Object],[object Object],[object Object],Expenses
What are basis points? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Calculating expenses ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Which Of These Components Do You Think Has The Most Influence On The Movement Of The NAV? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Question
Importance of an Accurate NAV ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Recomendados

Dividend policy
Dividend policyDividend policy
Dividend policy
saravanan
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
Jubayer Alam Shoikat
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
Aaryendr
 
Cost Of Capital
Cost Of CapitalCost Of Capital
Cost Of Capital
elvieentero
 
Cost Of Capital in the Telco Industry
Cost Of Capital in the Telco IndustryCost Of Capital in the Telco Industry
Cost Of Capital in the Telco Industry
pklune
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
N A M COLLEGE KALLIKKANDY
 
Types of Dividend
Types of DividendTypes of Dividend
Types of Dividend
efinancemanagement.com
 
Cost of Capital
Cost of CapitalCost of Capital
Cost of Capital
ASAD ALI
 

Recomendados

Dividend policy
Dividend policyDividend policy
Dividend policy
saravanan
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
Jubayer Alam Shoikat
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
Aaryendr
 
Cost Of Capital
Cost Of CapitalCost Of Capital
Cost Of Capital
elvieentero
 
Cost Of Capital in the Telco Industry
Cost Of Capital in the Telco IndustryCost Of Capital in the Telco Industry
Cost Of Capital in the Telco Industry
pklune
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
N A M COLLEGE KALLIKKANDY
 
Types of Dividend
Types of DividendTypes of Dividend
Types of Dividend
efinancemanagement.com
 
Cost of Capital
Cost of CapitalCost of Capital
Cost of Capital
ASAD ALI
 
Dividend &and types
Dividend &and typesDividend &and types
Dividend &and types
MERIN C
 
Cost of capital and investment theory
Cost of capital and investment theoryCost of capital and investment theory
Cost of capital and investment theory
Monzur Morshed Patwary
 
COST OF EQUITY
COST OF EQUITYCOST OF EQUITY
COST OF EQUITY
Ravi kumar
 
Chapter 12 Cost Of Capital
Chapter 12 Cost Of CapitalChapter 12 Cost Of Capital
Chapter 12 Cost Of Capital
Alamgir Alwani
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
Nirmal PR
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
Ministry of Public Administration and Home Affairs
 
Cost of capital ppt
Cost of capital pptCost of capital ppt
Cost of capital ppt
RICHA BHUSHAN
 
Types of cost of capital & differential between
Types of cost of capital & differential betweenTypes of cost of capital & differential between
Types of cost of capital & differential between
Mamta Thakur
 
Capital Structure and Leverage
Capital Structure and LeverageCapital Structure and Leverage
Capital Structure and Leverage
Megha Anilkumar
 
Measures of Cost of Capital
Measures of Cost of Capital Measures of Cost of Capital
Measures of Cost of Capital
Kaminee Iresha
 
COST OF CAPITAL FOR B.COM, M.COM
COST OF CAPITAL FOR B.COM, M.COMCOST OF CAPITAL FOR B.COM, M.COM
COST OF CAPITAL FOR B.COM, M.COM
Dr. Toran Lal Verma
 
Cost of Capital
Cost of CapitalCost of Capital
Cost of Capital
Augustin Bangalore
 
Financial Management
Financial ManagementFinancial Management
Financial Management
RESHMAPILLAIS
 
Cost of capital ppt @ bec doms on finance
Cost of capital ppt @ bec doms on financeCost of capital ppt @ bec doms on finance
Cost of capital ppt @ bec doms on finance
Babasab Patil
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
AswathyM
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
Saurabh Verma
 
Marginal cost of capital (Ali)
Marginal cost of capital (Ali)Marginal cost of capital (Ali)
Marginal cost of capital (Ali)
hunkali007
 
Cost of capital akp ppt
Cost of capital akp pptCost of capital akp ppt
Cost of capital akp ppt
ANKUR KUMAR
 
As 20 EARNINGS PER SHARE- BASIC AND DILUTED
As 20 EARNINGS PER SHARE- BASIC AND DILUTEDAs 20 EARNINGS PER SHARE- BASIC AND DILUTED
As 20 EARNINGS PER SHARE- BASIC AND DILUTED
Piyali Parashari
 
Cost of Capital Theory
Cost of Capital TheoryCost of Capital Theory
Cost of Capital Theory
uma reur
 
FINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deauna
FINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deaunaFINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deauna
FINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deauna
Mary Rose Habagat
 
Corporations
CorporationsCorporations
Corporations
mscuttle
 

Mais conteúdo relacionado

Mais procurados

Mais procurados (20)

Dividend &and types
Dividend &and typesDividend &and types
Dividend &and types
 
Cost of capital and investment theory
Cost of capital and investment theoryCost of capital and investment theory
Cost of capital and investment theory
 
COST OF EQUITY
COST OF EQUITYCOST OF EQUITY
COST OF EQUITY
 
Chapter 12 Cost Of Capital
Chapter 12 Cost Of CapitalChapter 12 Cost Of Capital
Chapter 12 Cost Of Capital
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Cost of capital ppt
Cost of capital pptCost of capital ppt
Cost of capital ppt
 
Types of cost of capital & differential between
Types of cost of capital & differential betweenTypes of cost of capital & differential between
Types of cost of capital & differential between
 
Capital Structure and Leverage
Capital Structure and LeverageCapital Structure and Leverage
Capital Structure and Leverage
 
Measures of Cost of Capital
Measures of Cost of Capital Measures of Cost of Capital
Measures of Cost of Capital
 
COST OF CAPITAL FOR B.COM, M.COM
COST OF CAPITAL FOR B.COM, M.COMCOST OF CAPITAL FOR B.COM, M.COM
COST OF CAPITAL FOR B.COM, M.COM
 
Cost of Capital
Cost of CapitalCost of Capital
Cost of Capital
 
Financial Management
Financial ManagementFinancial Management
Financial Management
 
Cost of capital ppt @ bec doms on finance
Cost of capital ppt @ bec doms on financeCost of capital ppt @ bec doms on finance
Cost of capital ppt @ bec doms on finance
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Cost of capital
Cost of capitalCost of capital
Cost of capital
 
Marginal cost of capital (Ali)
Marginal cost of capital (Ali)Marginal cost of capital (Ali)
Marginal cost of capital (Ali)
 
Cost of capital akp ppt
Cost of capital akp pptCost of capital akp ppt
Cost of capital akp ppt
 
As 20 EARNINGS PER SHARE- BASIC AND DILUTED
As 20 EARNINGS PER SHARE- BASIC AND DILUTEDAs 20 EARNINGS PER SHARE- BASIC AND DILUTED
As 20 EARNINGS PER SHARE- BASIC AND DILUTED
 
Cost of Capital Theory
Cost of Capital TheoryCost of Capital Theory
Cost of Capital Theory
 

Semelhante a Final Mutual Fund

FINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deauna
FINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deaunaFINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deauna
FINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deauna
Mary Rose Habagat
 
Corporations
CorporationsCorporations
Corporations
mscuttle
 
7204955 mutual-funds-ppt
7204955 mutual-funds-ppt7204955 mutual-funds-ppt
7204955 mutual-funds-ppt
Nishank Reddy H
 
WACC ExampleA firm is considering a new project which would b.docx
WACC ExampleA firm is considering a new project which would b.docxWACC ExampleA firm is considering a new project which would b.docx
WACC ExampleA firm is considering a new project which would b.docx
melbruce90096
 

Semelhante a Final Mutual Fund (20)

FINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deauna
FINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deaunaFINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deauna
FINANCIAL MANAGEMENT PPT BY FINMANDividend policy joseph agayatin&jezza deauna
 
Corporations
CorporationsCorporations
Corporations
 
Accounting Lec#10.pptx
Accounting Lec#10.pptxAccounting Lec#10.pptx
Accounting Lec#10.pptx
 
Chapter 14 Dividends
Chapter 14 DividendsChapter 14 Dividends
Chapter 14 Dividends
 
Chapter 01 Foundation
Chapter 01 FoundationChapter 01 Foundation
Chapter 01 Foundation
 
Dividend policy
Dividend policyDividend policy
Dividend policy
 
The finance perspective dupont
The finance perspective dupontThe finance perspective dupont
The finance perspective dupont
 
L03 financial statments analysis
L03 financial statments analysisL03 financial statments analysis
L03 financial statments analysis
 
Meeting 4 - Valuation Market Ratios (Financial Reporting and Analysis)
Meeting 4 - Valuation Market Ratios (Financial Reporting and Analysis)Meeting 4 - Valuation Market Ratios (Financial Reporting and Analysis)
Meeting 4 - Valuation Market Ratios (Financial Reporting and Analysis)
 
Corporate Finance
Corporate FinanceCorporate Finance
Corporate Finance
 
Corporate Dividend policy
Corporate Dividend policyCorporate Dividend policy
Corporate Dividend policy
 
Dividend Decision
Dividend DecisionDividend Decision
Dividend Decision
 
7204955 mutual-funds-ppt
7204955 mutual-funds-ppt7204955 mutual-funds-ppt
7204955 mutual-funds-ppt
 
Ch 11
Ch 11Ch 11
Ch 11
 
statement of cash flow and statement of retained earnings.
statement of cash flow and statement of retained earnings.statement of cash flow and statement of retained earnings.
statement of cash flow and statement of retained earnings.
 
WACC ExampleA firm is considering a new project which would b.docx
WACC ExampleA firm is considering a new project which would b.docxWACC ExampleA firm is considering a new project which would b.docx
WACC ExampleA firm is considering a new project which would b.docx
 
Fianacial Management.pptx
Fianacial Management.pptxFianacial Management.pptx
Fianacial Management.pptx
 
Preparation Final statement ppt (1) 125-1.pptx
Preparation Final statement ppt (1) 125-1.pptxPreparation Final statement ppt (1) 125-1.pptx
Preparation Final statement ppt (1) 125-1.pptx
 
Financial Management Unit 2 Power point.pptx
Financial Management Unit 2 Power point.pptxFinancial Management Unit 2 Power point.pptx
Financial Management Unit 2 Power point.pptx
 
Dividend issues
Dividend issuesDividend issues
Dividend issues
 

Mais de Kapil Israni

International Trade Finance Summer Internship Project
International Trade Finance Summer Internship ProjectInternational Trade Finance Summer Internship Project
International Trade Finance Summer Internship Project
Kapil Israni
 
Final Sebi & Fema
Final Sebi & FemaFinal Sebi & Fema
Final Sebi & Fema
Kapil Israni
 
Final Currency Exchange
Final Currency ExchangeFinal Currency Exchange
Final Currency Exchange
Kapil Israni
 

Mais de Kapil Israni (9)

Business Idea
Business IdeaBusiness Idea
Business Idea
 
Project Report
Project ReportProject Report
Project Report
 
Gold
GoldGold
Gold
 
Initial Pages
Initial PagesInitial Pages
Initial Pages
 
Manual
ManualManual
Manual
 
International Trade Finance Summer Internship Project
International Trade Finance Summer Internship ProjectInternational Trade Finance Summer Internship Project
International Trade Finance Summer Internship Project
 
Final Sebi & Fema
Final Sebi & FemaFinal Sebi & Fema
Final Sebi & Fema
 
Final Currency Exchange
Final Currency ExchangeFinal Currency Exchange
Final Currency Exchange
 
Final Basel Norms
Final Basel NormsFinal Basel Norms
Final Basel Norms
 

Final Mutual Fund

  • 1. Welcome to Introduction to Fund Training
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.

Notas do Editor

  1. Offshore funds Collective Investment funds registered in tax havens such as small Caribbean islands Asia pacific Luxembourg, Jersey & Dublin Typically less regulated than onshore funds Fewer investment restrictions More sophisticated investors Onshore fund locations: USA UK Hong Kong Singapore Luxembourg has both