AMFI Exam Tips Series-8

This chapter explains the process mutual funds use to distribute earnings to shareholders.Dividend ConceptsPeriodic Dividend Funds Daily Dividend FundsMoney Market FundsCapital GainsReinvestmentImpact on NAVMutual fund dividends are distributions to shareholders of income earned by a fund’s portfolio, net of the operating expenses of the fund. This income is derived from two sources:· dividends paid to the portfolio by stocks held in the portfolio, andinterest paid to the portfolio by bonds held in the portfolio A dividend rate is the…

Mesothelioma

Hello every one !!!!!I got this intersteding topic so thought of sharing with every one about "Mesothelioma"Mesothelioma is a form of cancer that is almost always caused by previous exposure to asbestos. In this disease, malignant cells develop in the mesothelium, a protective lining that covers most of the body's internal organs. Its most common site is the pleura (outer lining of the lungs and chest cavity), but it may also occur in the peritoneum (the lining of the abdominal cavity) or the pericardium (a sac that surrounds the heart).Most people…

AMFI Exam Tips series -7

This chapter examines the mutual fund world from the shareholder perspective.In the final series i will be sharing objective type question papers which will give all aspirants fair idea about the question pattern.Mutual Fund ShareholdersShareholdersThe ProspectusFinancial ReportsTypes of AccountsShareholder votingCertain shareholder issues are decided based on votes by all of the outstanding shares. Some of the issues shareholders vote on are:· filling vacancies on the board of directors· proposed changes in the investment advisory…

AMFI Exam Tips series -6

In this series we will be discussing on Types of Mutual Funds where in we will discuss in detail aboutMutual FUND GroupsFund Board of DirectorsInvestment AdvisorFund OfficersFund Distributor (Principal Underwriter)Broker-DealerCustodianTransfer AgentFinancial Data ServicesThe mutual fund industry is comprised of numerous players, each with a specific role in creating, marketing and supporting mutual fund products. This chapter provides an overview of how these players function, and a brief explanation of each party’s unique role. The FUND Group,…

AMFI Exam Tips series -5

In this series we will be discussing on Types of Mutual Funds where in we will discuss in detail aboutClassifying Mutual FundsGrowth FundsIncome FundsBalanced FundsMoney Market FundsOther Types of FundsICI Fund ClassificationsMutual funds are classified in various ways by various organizations. There is no universal classification utilized by all parties.There are three primary investment objectives: Growth, Income and Stability.Similarly, there are three primary categories in the investment objective view. They are:Growth Funds - comprised of mostly…

AMFI exams Tips series -4

In this series we will be discussing more on Advantages of Mutual Funds under which will be covering following topicsBenefits of Mutual Funds for InvestorsHow Mutual Fund Groups Make MoneyHow Mutual Fund Shareholders Make MoneySavings vs. InvestmentsThere are three major advantages to investing in mutual funds.· professional management· diversification· liquidityThe investments made on behalf of mutual fund shareholders are determined by the portfolio manager, who is advised by a staff of research analysts. Together they perform various tasks…

AMFI Exam tips - Series -3

In this chapter we will discuss on the following topics:-What Is a Mutual Fund?Assets, Expenses, and Outstanding SharesValue of a Mutual Fund ShareOther Mutual Fund ConceptsMutual funds are actually quite simple in nature, and yet present a significant challenge when it comes to providing one all-encompassing definition. To illustrate this, below is a “working definition”, followed by several others borrowed from various sources. A mutual fund is a type of investment in which many individuals pool their cash into a “fund” which is then…

AMFI Exam Tips series -2

Basics About Mutual Funds:You can download the attachment using the link given below:http://rapidshare.com/files/129808683/MutualFundBasics.pdf.htmlOnce you've decided to invest in the stock market, mutual funds are an easy way to own stocks without worrying about choosing individual stocks. As an added bonus, you can find plenty of information on the Internet to help you learn about, study, select, and purchase them.But what is a mutual fund? It's not complicated. A dictionary definition of a mutual fund might go something like this: a single portfolio…