UNIQUE SERIES AKTU Syllabus
BMBF208

Mutual Fund Operations

L-T-P4-0-0 Credits3 Session2025-26 TypeTheory
Appears in 1 semester

MBA Banking & Financial Services · Sem 2 (Core)

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Syllabus

5 units · 40 lecture hours
Unit1

Unit 1

8 hrs

Introduction: Definition of Mutual Fund, Structure and constituents of Mutual Funds: Organization of Mutual Fund, Types of Mutual Funds, Advantages and Limitations of Mutual Funds. Mutual fund products: Kinds of Mutual Fund - Fixed Income category, Govt. Bonds, Corporate Bonds, Debt Instruments, Indexed Funds, Balanced Funds, Money Market Funds.

Unit2

Unit 2

10 hrs

Applicable NAV and cut- off time: Defining NAV, components of NAV, Calculation of NAV. Factors to be considers for NAV calculation. Purchase, redemption and systematic transactions: Mutual Fund fees, Mutual Fund Purchase, (direct Purchase, and Purchase through broker). Redemption Procedure or Buy Back, Systematic Investment in Mutual Funds.

Unit3

Unit 3

9 hrs

Investor and distributor processes and payouts: Individual mutual funds distributors, Employees of organization engaged in sales and distribution of mutual funds. Traditional and alternate distribution channels. Handling Monetary Transactions: Mutual fund fees, entry and exit load, risk measurement, Kinds of return. Valuation Process.

Unit4

Unit 4

7 hrs

Handling Non- monetary Transactions: Valuation, accounting, legalities and Taxation aspect of mutual funds and their distribution. SEBI's Role and Relevant Regulations: Role of SEBI, SEBI advertising code for mutual funds, Norms regarding return representation of mutual funds.

Unit5

Unit 5

6 hrs
  • Introduction to Mutual Fund industry in India- growth, challenges. Regulatory bodies for mutual funds, role of mutual fund agents and schemes.
  • COURSEOUTCOMES
Course Objectives3 points
  • Explain advanced concepts, structures, and functioning of mutual funds in the financial system.
  • Identify and analyze the various types of risks associated with mutual fund investments and broader capital markets.
  • Describe and evaluate the roles, responsibilities, and processes followed by investors and distributors in mutual fund operations.
Course Outcomes (COs)14 outcomes

After completion of the course student will be able to:

  1. CO1Understand about basics of mutual funds d it t K1(Remember) K2(Understand)
  2. CO2Understand the calculation of NAV. K1(Remember) K2(Understand)
  3. CO3Understand various distributors processes and payouts K2(Understand) K3(Apply)
  4. CO4Handling Non-monetary transactions. (Remember) K2(Understand)K1
  5. CO5Understand the Indian mutual fund industry and role of agents. K1(Remember) K2(Understand) Books Recommended:
  6. CO1Khan, M.Y., "Financial Services", Tata McGraw Hill, New Delhi.
  7. CO2Gurusamy, S., "Financial Services and System", 2004, Vijay Nicole Imprints Pvt. Ltd., Chennai.
  8. CO3Bhalla, V.K. "Management of Financial Services", Anmol Publications Pvt. Ltd., New Delhi.
  9. CO4Pathak, Bharati, "Indian Financial System", Pearson Education, New Delhi.
  10. CO5Avadhani, V.A., "Capital Market Management", Himalaya Publishing House
  11. CO6Bhole, L.M., "Financial Institutions and Market", Tata McGraw Hill
  12. CO7Mobius Mark, " Mutual Funds: An Introduction to the Core Concepts", Wiley.com
  13. CO8Shashikant, Abraham and Bhhargava, "Understanding Mutual Funds", McGraw Hill Publications.
  14. CO9Tripathy, "Mutual funds in India", Excel Books.

Official AKTU syllabus

This subject is on page 39, 40 of the original AKTU PDF.

Official AKTU syllabus PDF ↗