Amity Campus
Uttar Pradesh
India 201303
ASSIGNMENTS
PROGRAM: MFC
SEMESTER-III
Subject Name: COST ACCOUNTING
Study COUNTRY: SOMALIA
Roll Number (Reg. No.): MFC001512014-2016091
Student Name: MOHAMED ABDULLAHI KHALAF
INSTRUCTIONS
a) Students are required to submit all three assignment sets.
ASSIGNMENT DETAILS MARKS
Assignment A Five Subjective Questions 10
Assignment B Three Subjective Questions + Case Study 10
Assignment C Objective or one line Questions 10
b) Total weight-age given to these assignments is 30%. OR 30 Marks
c) All assignments are to be completed as typed in word/pdf.
d) All questions are required to be attempted.
e) All the three assignments are to be completed by due dates and need to
be submitted for evaluation by Amity University.
f) The students have to attach a scanned signature in the form.
Signature : _________________________
Date: 06, June, 2015
( √ ) Tick mark in front of the assignments submitted
Assignment A’ Ö Assignment ‘B’ Ö Assignment ‘C’ Ö
Mutual Fund Management
ASSIGNMENT ‘A’
Q: 1). Describe the structure of Mutual Funds.
Answer:
Q: 2). Write down the advantages of investing through a mutual fund.
Answer:
Q: 3). Write a note on ‘Load structure’.
Answer:
Q: 4). Discuss rights of an investors in mutual fund.
Answer:
Q: 5). What do you mean by Net Asset Value (NA V)? Discuss how to
calculate NAV of a fund.
Answer:
ASSIGNMENT ‘B’
Q.1 Discuss the Role of an Offer Document.
Q.2 Discuss various distribution channels through which mutual fund schemes
reach the investors.
Q.3 What do you mean by portfolio management? Develop a model portfolio for a
young call centre / BPO employee with no dependents.
Q4 CASE STUDY
ASSIGNMENT ‘C’
1. Mutual Fund agents/distributors are not allowed to sell Financial Products other
than Mutual Funds
True
False
2. Dividends distributed by mutual funds are
Taxed at source
Taxed in the hands of the investors
Are subject to capital gains tax
Are tax-free in the hands of the investor
3. Which of the following is not a characteristic of company fixed deposits
A higher rate of interest
higher risk
unfavourable effect of tax
very high liquidity
4. An equity oriented scheme has at least ______% of assets
in equity.
85
80
65
60
5. Liquid funds have more than ____% invested in instruments
with maturities of less than one year
100
90
95
98
6. The _______ are responsible for protecting the interest of
the investors in the mutual fund.
a. Sponsors
b. Trustees
c. Fund Managers
d. Custodians
7. At least _______ of the trustees must be independent of the
sponsor.
2/3rd
1/3rd
All
8. The functioning of the AMC is overseen by the _______.
a. Sponsors
b. Trustees
c. Fund Managers
d. Custodians
9. An AMC must have a minimum net worth of __________ at all times.
a. Rs 10 Crores
b. Rs 100 Crores
c. Rs 1000 Crores
d. Rs 25 Crores
10. The Apex regulator of the securities markets is ________.
a. SEBI
b. RBI
c. RTA
d. AMFI
11. ________ insists on the registration of market participants under the
specific regulations.
a. SEBI
b. RBI
c. RTA
d. AMFI
[Link] securities that a fund invests in depend upon its ________.
a. AMC
b. Corpus
c. Fund Manager
d. Investment objective
13. Marking to market is the process of valuing the security at ______.
a. Book value
b. Market value
c. Face value
d. Net value
14 The type of expenses that can be charged to a fund and the limit
is decided by _______.
a. SEBI
b. RBI
c. RTA
d. AMFI
15 A mutual fund cannot have ________ liabilities on its balance
sheet.
Long Term
Short Term
Contingent
Current
16 Mutual funds have lower risks because of ________ & _______.
a. Diversification & Professional management
b. Large no. of investors, AMFI regulations
c. AMFI regulations, Professional management
d. Custodian, Professional management
17. All investments of Rs _______ and above need to comply with KYC
Documentation
1,00,000
5,00,000
10,000
50,000
18. An investor’s holding in a mutual fund is denoted in _________.
Shares
Bonds
Units
Debentures
[Link] value of the unit goes up or down depending on the
______________ .
Underlying securities
Sensex
Nifty
Inflation
20. The AUM of the fund is the market value of its portfolio. This
less the fund raising expenses and _________ of the fund is the Net
Assets of the fund.
Long Term
Short Term
Contingent
Current
[Link] expenses are charged to the fund on a ______ basis.
Daily
Monthly
Yearly
Quarterly
22. The NAV of a mutual fund :
is always constant
keeps going up at a steady rate
fluctuates with market price movements
cannot go down at all
23. An open-ended mutual fund is one that has :
an option to invest in any kind of security
units available for sale and repurchase at all times
an upper limit on its NAV
a fixed fund size
24. An investor in a close-ended mutual fund can get his/her money back by
selling his/her units:
back to the fund
to a special trust at NAV
on a stock exchange where the fund is listed
to the agent through which he/she subscribed to the units of the fund
[Link] "load" charged to an investor in a mutual fund is
entry fee
cost of the paper on which the unit certificates are printed
the fee the agent charges to the investor
the expenses incurred by fund managers for marketing a mutual fund scheme
26. Units from an open-ended mutual fund are bought
on a stock exchange
from the fund itself
from AMFI
from a stock broker
27. "Load" cannot be recovered
from the investor
as a fixed amount each year
at the time the investor exits the fund
from the fund's distribution agent
28. The most important advantage of a money market mutual fund is
quick capital appreciation
high regular income
safety of principal
no loads
29. Some close-ended funds are quoted at a discount to their NAV because
of high expense ratios
investors do not expect the current NAV to be sustained in future
the repurchase price fixed by the fund in lower than the NAV
of the inherent risk involved in investing in such type of funds
30 The greatest potential for growth in capital is offered by
debt funds
gilt funds
growth funds
balanced funds
31. A Systematic Withdrawal Plan, allows investors to get back the principal
amounts invested in addition to the income on investment
True
False
32. Constraints imposed by most funds on check writing are:
Account balance should not fall below the minimum capital required
Checks issued must be for at least the minimum amount specified
Number of checks per month must not exceed a specified number
Both a & b above
33. The performance of a fund is largely measured by the success of
the marketing function
the operations function
the portfolio market function
none of the above
34. Generally invest in
unlisted
market-traded
thinly traded
privately placed
35. Which of the following is not an equity instrument
preference shares
equity warrants
ordinary debentures
convertible debentures
36. The drawback of an ordinary share is
possibility of capital appreciation
ownership privilege of the company
guaranteed dividend income
no guaranteed income or security
[Link] amount of authority enjoyed by a self-regulatory organisation is defined by
The apex regulatory authority
AMC
Its own members
RBI
38. The role of AMFI in the mutual funds industry is not to
Promote the interests of the unit holders
Set a Code of Ethics
Regulate mutual funds
Increase public awareness of mutual funds in the country
39. The rights of investors in a mutual fund scheme are laid down in
the Offer Document of that scheme
Quarterly Reports
Annual Reports
marketing brochures
40. After dividend declaration, unit-holders are entitled to receive dividend within
one week
one month
42 days
six weeks