Compulsory – Vipul Prakashan : Educational Book Publisher https://zedex.co.in/vipulp Educational Book Publisher Tue, 17 Jun 2025 14:56:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://zedex.co.in/vipulp/wp-content/uploads/2024/08/logo-100x100.png Compulsory – Vipul Prakashan : Educational Book Publisher https://zedex.co.in/vipulp 32 32 Security Analysis and Portfolio Management (BBI/BIM/BFinM) https://zedex.co.in/vipulp/product/security-analysis-and-portfolio-management-bbi-bim-bfinm/ Tue, 17 Jun 2025 14:56:18 +0000 https://zedex.co.in/vipulp/?post_type=product&p=15983 TYBBI -- SEMESTER - VI

Author: P. K. Bandgar

               Farhat Fatma Shaikh

SEVENTH REVISED EDITION 2025

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Sr. No. Modules/Units
1

Portfolio Management – An Introduction and Process
  Investment, Meaning, Characteristics, Objectives, Investment V/s Speculation, Investment V/s Gambling and Types of Investors.

Portfolio Management: Meaning, Evolution, Phases, Role of Portfolio Managers, Advantages of Portfolio Management.

Investment Environment in India and Factors Conducive for Investment in India.

Portfolio Analysis: Meaning and its Components, Calculation of Expected Return and Risk, Calculation of Covariance, Risk – Return Trade off.

Portfolio Selection: Meaning, Feasible Set of Portfolios, Efficient Set of Portfolios, Selection of Optimal Portfolio, Markowitz Model, Limitations of Markowitz Model, Measuring Security Return and Portfolio Return and Risk under Single Index Model and Multi Index Model.
2 Portfolio Management – Valuation:
  Portfolio Revision: Meaning, Need, Constraints and Strategies.

Portfolio Evaluation: Meaning, Need, Measuring Returns.

(Sharpe, Treynor and Jensen Ratios) and Decomposition of Performance.

Bond Valuation: Meaning, Measuring Bond Returns, Yield to Maturity, Yield to Call and Bond Pricing. Bond Pricing Theorems, Bond Risks and Bond Duration. (Practical Problems on YTM and Bond Duration.)
3 Fundamental Analysis:
  Economy Analysis: Meaning, Framework, Economic Analysis, Forecasting, Barometric or Indicator Approach, Econometric Model Building and Opportunistic Model Building.
  Industry Analysis: Concept of Analysis, Industry Life Cycle, Industry Characteristics.

Company Analysis: Financial Statements, Analysis of Financial Statements, (Practical questions on Debt Equity Ratios, Total Debt Ratio, Proprietary ratios, interest coverage ratio, Profitability ratios related to sales, investment and equity shares Efficiency or Activity Ratios) and Assessment of risk (Leverages).
4. Technical Analysis:
  Meaning and Principles of Technical Analysis, Price Chart, Line Chart, Bar Chart, Japanese Candlestick Chart, Trends and Trend Reversals, Chart Patterns, Support and Resistance, Reversal Patterns, Continuation Patterns, Dow Theory and Elliot Wave Theory.

Mathematical Indicators: Calculation of Moving Averages (Simple and Exponential Moving Average), Oscillators and Relative Strength Index.

Market Indicators.

Fundamental Analysis V/s Technical Analysis.
5. Efficient Market Theory and CAPM:
  Random Walk Theory.

The Efficient Market Hypothesis.

Forms of Market Efficiency.

Competitive Market Hypothesis.

CAPM: Fundamental Notions of Portfolio Theory, Assumption of CAPM, Efficient Frontier with Riskless Lending and Borrowing, Capital Market Line, Security Market Line and Pricing of Securities with CAPM.

Arbitrage Pricing Theory (APT): The Return Generating Model, Factors Affecting Stock Return, Expected Return on Stock, APT V/s CAPM.
]]> Mutual Fund Management https://zedex.co.in/vipulp/product/mutual-fund-management/ Tue, 17 Jun 2025 14:54:41 +0000 https://zedex.co.in/vipulp/?post_type=product&p=15703 SYBBI -- SEMESTER - III

Author: Atul A. Sathe

               Priti S. Aggarwal

FOURTH EDITION 2023

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(1)     Introduction to Mutual Fund:          

  • History and Origin, Definition, Meaning, Characteristics, Advantages, Disadvantages, Limitations of Mutual Funds, Ethics in Mutual Fund. Entities involved – Sponsor, Trust, Trustee, Asset Management Company, Registrar and Transfer Agent (RTA) and Fund Houses in India.
  • Legal Framework: Role of regulatory agencies for Mutual funds – SEBI, RBI, AMFI, Ministry of Finance, SRO, Company Law Board, Department of Company’s affairs, Registrar of Companies, MF guidelines on advertisement, Accounting, Taxation and Valuation norms, Guidelines to purchase Mutual Funds, Investor protection and MF regulations, Grievance mechanism in MF in India.

 

(2)     Classification of Mutual Fund: 

  • Types of Mutual Fund- (introduction and Characteristics)
  • Functional/Operational – Open ended, close ended, Interval
  • Portfolio – Income, Growth, Balanced, MMMF
  • Geographical/Location – Domestic, Offshore
  • Miscellaneous – Tax Saving Funds, Exchange Traded Funds, Balance Funds, Fixed Term Plan, Debt Funds, Systematic Investment Planning & Systematic Transfer Plan
  • Portfolio Maturity, Calculations of NAV, Entry Load, Exit Load.

 

(3)     Fund Selection Criteria:       

  • Fund Rating and Ranking – Its need and importance. Basis of Ratings, Interpretation of Funding Rating by CRISIL, CARE and ICRA, Selection Criteria – (Size, Stability, Credit Portfolio, Performance) Performance Measurement – Rolling Returns and Benchmarking.
  • Yield To Maturity and Bond Valuation.

 

(4)     Financial Planning in Mutual Fund:             

  • Basics of Financial Planning – Financial Planning Steps, Life Cycle, Wealth Cycle, Risk Profiling, Asset Allocation, Contingency Funds.
  • Investors Guide Towards Financial Planning – Eligibility for investment in MF, KYC (Individuals, Micro SIPs, Institutional Investors, Fund Category Guidance (Long Bond Funds, Short Bond Funds, Ultra Short Bond Funds), Need for Financial Advisor, Difference between Advisor and Distributor, Colour Coding MF products, Bank FD’s V/s Mutual Funds, Dividend V/s Growth Option
  • Developing Model Portfolio for Investors – Model Portfolios meaning, Step by Step Approach of Building Model Portfolio.
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