Effect of Entry Load on the Mutual Fund Industry

SUMMER INTERNSHIP PROJECT REPORT

A

SUMMER INTERNSHIP

PROJECT REPORT

ON

“THE EFFECT OF ‘BAN ON ENTRY LOAD’ ON DISTRIBUTION CHANNEL

AND HENCE THE MUTUAL FUND INDUSTRY”

A Dissertation submitted by

Gaurav Kumawat

for the partial fulfilment of

POST GRADUATE PROGRAM

From

PROTON business school, Indore (M.P.)

GUIDED BY:

Mr. Jalaj Sharma

Ms. Ritu Bala Kaushal

ACKNOWLEDGEMENT

Preparing a report and completing a project is always a team effort and it takes a lot of people collaborating behind the scene to make it happen. This is my opportunity to say thanks to all of them.

 I would like to express my deep debt of gratitude to my project guide Mr. Jalaj Sharma (Sales Development Manager) and Ms. Ritu Bala Kaushal (Sales Development Manager) for providing their guidance during the project and extending full support and cooperation at every stage. I also take the opportunity to thank Ms. Garima for providing me necessary resources and information in the organization for the successful completion of the project.

 I am sincerely thankful to Mr. Anand Bagora (Distributor) for providing me the opportunity of interacting with various investors to promote the funds and get a first hand feel of the field in the mutual funds industry and helping me in the field work during training and motivating me

I am thankful to Mr. Ved Prakash Joshi for sharing with me his experiences in the mutual funds industry and how he came into it and became as successful as he is now and his wisdom nuggets.

Last but not least, I am thankful to all those who directly or indirectly lend me a helping hand at the time of need in completing this project successfully.

Executive Summary

In my summer internship I got to know how an asset management company (AMC) works what are the funds

How are they invested or deployed and where…

What are holdings

What are the different terms in the mutual funds industry like

AUM, Expense Ratio, Fund...