A

Project Report
ON

” An Analysis Of Mutual Fund Products Offered By

HDFC Mutual Fund’’

Submitted to

G.S COLLEGE OF COMMERCE AND ECONOMICS

(AUTONOMOUS), NAGPUR
Affiliated to

RASHTRASANT TUKDOJI MAHARAJ UNIVERSITY, NAGPUR

In partial fulfillment for the award of the degree of

Bachelor of Business Administration

Submitted by

MADHURA N. WASU

Under the Guidance of

DR. KAMLESH THOTE

G. S. College Of Commerce & Economics (Autonomous),

Nagpur
Academic Year 2023 – 24
 G.S. College Of Commerce & Economics (Autonomous),
Nagpur
Academic Year 2023 – 24

CERTIFICATE

This is to certify that “Madhura . N . Wasu’’ has submitted the project report titled

“An Analysis Of Mutual Fund Products Offered By HDFC Mutual Fund’’, towards

partial fulfillment of BACHELOR OF BUSINESS ADMINISTRATION degree

examination. This has not been submitted for any other examination and does not form part of

any other course undergone by the candidate. It is further certified that she has ingeniously

completed her project as prescribed by Rashtrasant Tukadoji Maharaj Nagpur University,

Nagpur.

DR. KAMLESH THOTE DR. AFSAR SHEIKH

(Project Guide) (Co-Ordinator)

Place : Nagpur

Date :
 G.S. College Of Commerce & Economics (Autonomous),
Nagpur
Academic Year 2023 – 24

DECLARATION

I here-by declare that the project with title “An Analysis Of Mutual Fund Products

Offered By HDFC Mutual Fund’’ has been completed by me in partial fulfillment of

BACHELOR OF BUSINES ADMINISTRATION degree examination as prescribed by

Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur and this has not been submitted for

any other examination anddoes not form the part of any other course undertaken by me.

Place : Nagpur Madhura. N. Wasu

Date :
 G.S. College of Commerce & Economics, Nagpur Academic Year 2022-23

G.S. College Of Commerce & Economics (Autonomous),

Nagpur
Academic Year 2023 – 24

ACKNOWLEDGEMENT

With immense pride and sense of gratitude, I take this golden opportunity to express my
sincere regards to DR. PRAVEEN MUSTOOR, Principal, G.S. College of Commerce &
Economics, Nagpur.

I am extremely thankful to my Project Guide DR. KAMLESH THOTE for her guideline
throughout the project. I tender my sincere regards to Co-ordinator, DR. AFSAR SIR for
giving me outstanding guidance, enthusiastic suggestions and invaluable encouragement
which helped me in the completion of the project.

I will fail in my duty if I do not thank the Non-Teaching staff of the college for their Co-
operation.

I would like to thank all those who helped me in making this project complete and
successful.

Place : Nagpur Madhura. N. Wasu

Date :
 INDEX

Sr. No. PARTICULAR PAGE

No.
1. Introduction 1-7
2. Company Profile 8-12
3. Research Study 13-18
 Problem Definition 14
 Needs of the study 14
 Objectives of the study 14
 Limitations 15
 Hypothesis 16
4. Research Methodology 17-19
5. Data Analysis & Interpretation 20-33
6. Findings 34-35
7. Recommendations & Suggestions 36-37
8. Conclusion 38-39
9. Bibliography 40-41
10. Annexure 42-45
 EXECUTIVE SUMMARY

A Mutual fund is a scheme in which several people invest their money for a financial clause.
The collected money is invested in Capital markets & the money which they earned. is
divided based on the number of units which they hold.

The Mutual fund Industry was started in India in a small way with the UTI creating what was
effectively a small savings division within the RBL. This was fairly successful for the next 25
years as it gave investors good returns. Due to this RBI gave a go ahead to Public sector banks
& financial institution to start Mutual Funds in India and their success gave way to Private
sector Mutual Funds.

The advantages of Mutual Funds are Portfolio Diversification, Liquidity, Professional

Management, Ease of Companies, Less Risk, Low Transaction cost, Transparency, Safety.

The Disadvantages of Mutual Funds are Cost, Index Does Better, Fees, No Control over
Investments, Profitability of High returns reduced significantly, and Personal Tax situation is
not considered.

Mutual Funds have to follow specific rules and regulation which are prescribed by the SEBI.
AMFI is the apex body of all the Asset Management companies and is registered with the
SEBI. Association of Mutual Funds India has brought down the Indian Mutual Fund Industry
to a professional and healthy market with ethical lines enhancing.

There are many types of mutual funds in India. You can classify on the basis of BY
STRUCTURE (Open Ended Schemes. Close-Ended Schemes & Interval schemes), BY
NATURE (Equity Fund, Debt Fund, Balanced Fund), BY INVESTMENT OBJECTIVE
(Growth Schemes, Income Schemes, Balanced Schemes & Money Market Schemes).
OTHER SCHEMES (Tax Saving Schemes, Index Schemes, Sector Specific).
There are two types of Mutual Funds in India Public Sector Mutual Fund & private sector
mutual Fund. In Public Sector Mutual Funds there are UTI Mutual Fund, State bank of India
Mutual Funds, Bank of Baroda Mutual Funds & In Private sector Mutual Funds there are
Birla Sun Life Mutual, HDFC Mutual Fund, SBI Prudential Mutual Fund, Reliance
Mutual Fund etc.

The Most trend of Mutual Funds is the aggressive expansion of Mutual Funds. Nowadays
there is lot of Competition within the Mutual Fund as there are lot of private sector & Public
sector mutual funds have entered the industry.

"Mutual Funds are Subject to Market Risk, Please read the offer document before
Investing"
G.S. College of Commerce & Economics, Nagpur Academic Year 2023-24

CHAPTER 1
INTRODUCTION

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INTRODUCTION

Mutual Fund is the pool of the money, based on the trust who invests the savings of a
number of investors who shares a common financial goal, like the capital appreciation
and dividend earning. The money thus collect is then invested in capital market
instruments such as shares, debentures, and foreign market. Investors invest money
and get the units as per the unit value which we called as NAV (net assets value).

Mutual Fund is the most suitable investment for the common man as it offers an
opportunity to invest in diversified portfolio management, good research team,
professionally managed Indian stock as well as the foreign market, the main aim of the
fund manager is to taking the script that have under value and future will rising, then
fund manager sell out the stock. Fund manager concentration on risk-return trade off,
where minimize the risk and maximize the return through diversification of the
portfolio. The most common features of the mutual fund unit are low cost.

Most open-end Mutual Fund continuously offers new shares to investors. It is also
known as open ended investment company. It is different from close ended
companies.

Investment in securities are spread across a wide cross section of industries and sectors
thus the risk is reduced. Diversification reduces the risk because not all stocks may
move in the same direction in same proportion at same time. Mutual Funds issues
units to the investors in accordance with quantum of money invested by them.
Investors of Mutual Funds are known as “unit holders”. The profits and losses are
shared by the investor in proportion to their investment. The Mutual Fund comes out
with different schemes that varies from time to time.

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DEFINITION OF MUTUAL FUNDS :-

"A mutual fund is a pool of money from numerous investors who wish to save or make
money just like you. Investing in a mutual fund can be a lot easier than buying and selling
individual stocks and bonds on your own. Investors can sell their shares when they want."

"A mutual fund is nothing more than a collection of stocks and/or bonds. You can think
of a mutual fund as a company that brings together a group of people and invests their
money in stocks, bonds, and other securities. Each investor owns shares, which represent
a portion of the holdings of the fund."

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ADVANTAGE OF MUTUAL FUNDS :-

 Portfolio Diversification :- Investing in a diversified portfolio can be very

expensive. The nice thing about mutual funds that they allow anyone to hold a
diversified portfolio. The reason why investors invest in a diversified portfolio is
because it increases the expected returns while minimizing the risk.

 Liquidity :- Another nice advantage to mutual funds is that the assets are liquid.
In financial language, liquidity basically refers to converting your assets to cash
with relative case. Mutual funds are considered liquid assets since there is high
demand for many of the funds in the marketplace.

 Professional Management :- Mutual funds do not require a great deal of time or

knowledge from the Investor because they are managed by professional
managers. They can be a big help to inexperienced investor who is looking to
maximize their financial goals.

 Ease of Companies :- Mutual funds are also convenient because they are easy to
compare. This is because many mutual fund dealer allow the investor to compare
the funds on metrics such as level of risk, return price. Because Information is
easily available, the Investor is able to make wise decisions.

 Less Risk :- Investors acquire a diversified portfolio of securities even with a

small investment in a mutual fund. The risk in diversified portfolio is lesser than
investing in 2 or 3 securities.

 Low Transaction cost :- Due to Economies of scale mutual funds pay lesser
transaction cost. The benefits are passed on to investors.

 Transparency :- Funds provide investors with updated information pertaining to

market & schemes. All material facts are disclosed to the investor as required by
regulator.

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DISADVANTAGES OF MUTUAL FUNDS :-

 Cost:-The downside of mutual funds is that they have a high cost associated
with them in relation to the returns they produce. This is because investors are
not only charged for the price of the fund but they will often face additional
fees. Depending on the fund, commission charges can be significant.You will
need to pay fee that will go towards the fund manager.

 Index Does Better:- In some cases, the stock Index may outperform the
mutual fund. However this is not always the case as it depends in large part
on the mutual fund the investor has invested in, as well as the skill set of fund
manager. Therefore, it is a good idea to do your research before investing in
fund. It is historical data indicates that is consistently underperformed
compared to an index, then it is not wise investment.

 Fees:-The fees that are charged will depend on the type of mutual fund
purchased. If a fund is risk taker and more aggressive, the management fee
will tend to be higher. In addition, the investor will also be required to pay
taxes, transaction fees as well as other costs related to maintaining the fund.

 No Control over Investments: - You have absolutely no control over what

the Fund manager Des with you money. You can't advise him on how your
money is to be invested. You only sit back and hope for the best.

 Profitability of High returns reduced significantly:- A mutual fund

contains a diversified basket of securities. If a single security outperforms by
a significant margin the impact will be limited. Don't Expect your Investment
to grow and give you profit Overnight. There will also be downward fall in
the limits of the fund.

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TYPES OF MUTUAL FUNDS SCHEMES IN INDIA

TYPES OF MUTUAL FUNDS

Wide variety of Mutual Fund Schemes to cater to the needs such as financial position,
risk tolerance and return expectations etc. The table below gives an overview into the
existing types of schemes in the Industry.

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By Structure

 Open Ended Funds

 Close Ended Funds
 Interval Funds


BY NATURE

 Equity fund
 Debt fund
 Balanced funds

By Investment Objective

 Growth Funds
 Income Funds
 Balanced Funds
 Money Market Fund

Other Schemes

 Tax Saving Funds

 Special Funds
 Index Funds
 Sector Specific Fund



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CHAPTER 2
COMPANY PROFILE

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HDFC MUTUAL FUNDS

Housing Development Finance Corporation Limited, most commonly known as HDFC,

is a leading financial conglomerate in India. Originally a mortgage firm, HDFC was
established in the year 1977. Since then, it has become a fully-fledged financial giant
consisting of the main subsidiary such as HDFC Bank, HDFC Asset Management
Company. and HDFC Standard Life Insurance Company Limited. The services offered
by the firm range from House Loans to Mutual Funds and Insurance Products.

HDFC Mutual funds, one of the leading asset management companies in India.
specifically in mutual funds and SIP. Sponsored by Standard Life Investment Limited,
HDFC Mutual funds were instituted under the aegis of HDFC. HDFC Trustee Company
Limited is the trustee of the corporation. the first product was launched in the year 2000
by the company and has full grown to a large extent, since then to offers mutual funds
categories in 11 different kinds of fund.

One of the Largest fund Managers of India, HDFC Mutual Funds, in its recent move, has
acquired Morgan Stanley's Business, while they were exiting the country. HDFC has
bought Morgan Stanley's eight schemes worth rupees 3290 crores all together. This step
has set HDFC Mutual Fund ahead of all its entrants in the market of Mutual Funds.

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Journey of HDFC Mutual Fund

*+
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Types of HDFC Mutual Funds:

A wide array of mutual funds is offered by HDFC Mutual Funds products for its
customers, fans, parents and investors. They vary from Fund of Funds (FOFS) schemes to
liquid funds to regular debt and equity funds, amongst a wide range of other mutual fund
products.

1. Equity or Growth fund:

The growth funds by HDFC Mutual Funds are intended to make investments primarily in
equity based market. Managing such funds could be passive or active (index funds).

Different fund selections offered in the scheme are intended to suit short-term or long-
term investment requirements of the consumers.

2. Debt or Income Fund:

HDFC debt fund or income fund is an innovative scheme that aims at investing in
instruments like long-term or short-term bond, debts, money markets, etc. the intent of
such investments is to create an income for the one who is investing his money and this is
exactly what almost all the plans provided by HDFC Mutual Funds do.

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3. Liquid funds:

Liquid funds make investments in securities. These investments come with a maturity
period of 91 days. And this make them a brilliant investment option with lowest possible
risks for the investors. They even have a propensity to be a better choice for liquidity,
Liquid funds offered by HDFC MF come without exit loads making it a brilliant choice,
even for the I' time investors.

4. Children's Gift Funds:

HDFC MF's Children's Gift Funds is another brilliant schemes which has been carefully
designed and thoughtfully conceptualized to offer an opportunity to the investors to grow
their capital in fairly longer period of time. This means that investment made in HDFC
Children's Gift Funds can further be put to use for the requirements and needs of children
as they grow older.

5. Exchange Traded Funds:

The Exchange Traded Funds, abbreviated as ETF's by HDFC Mutual Fund is a kind of
schemes where funds are traded in stock market. They provide an option with higher
liquidity and are pocket-friendly with lesser fees as against mutual funds products. These
funds are invested in the firm of gold, which can be highly risky.

6. Quarterly Interval Funds:

Quarterly interval funds are the mutual funds allow investors to make investments in both
close- ended and open-ended schemes. You can sell them or redeem them at
predetermined time. Here, the investment is usually made in government securities and
bonds, and even in debt markets.

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CHAPTER 3
RESEARCH STUDY

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PROBLEM DEFINITION
There are too many scheme are available in the market. Each of the schemes has its
different benefit. So people find difficulty in choosing the most suitable scheme. So here
the comparison is made between open ended scheme & close ended scheme and giving
some factor which are mostly affected in choosing between the schemes, Even though
people choose their scheme according to their convenience.

NEED OF STUDY

1. This study will help to understand the mutual fund products of HDFC Mutual Funds.
2. This study will help to understand market dominance of HDFC mutual fund.
3. To find out the HDFC mutual fund is better option for investment for investors in the
market.
4. To study the investor behavior in response to HDFC Mutual Funds.

OBJECTIVE OF STUDY

The primary goals of this project are as follows:

1. To analyses the performance of HDFC mutual funds.
2. To evaluate risk and return of HDFC mutual funds.
3. To know the various schemes offered by HDFC mutual funds.
4. To Know the awareness of Mutual funds among the customers of HDFC.

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LIMITATIONS OF STUDY
There is no activity without any limitations:
1. Though every one used to be very co-operative but every detail was unable to be
disclosed to me as the officials has to maintain secrets of the company.

2. It is difficult to cover all the function of the company.

3. The analysis and conclusion made by me as per my limited understanding and there
may be something variation in the actual situation.

4. Because of the limited time period, the survey work was conducted in the Nagpur
region and the sample size was taken as 60 respondents only.

5. In this rapidly changing turbulent era the suggestions and recommendations drawn
Out today might prove inadequate or improper tomorrow; this is likely to limit its
effectiveness.

HYPOTHESIS

H0:- Past performance of Mutual Funds Scheme is not related to their efficiency.

H1:- Past performance of Mutual funds Scheme is related to their efficiency.

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CHAPTER 4
RESEARCH METHODOLOGY

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Research is divided into two parts

 Research method
 Sample design

TYPE OF RESEARCH

It is a descriptive type of research, as the descriptive of the conditions exist presently. It

includes survey and fact-finding enquiries of different kinds.

RESEARCH METHOD

Research methods are understood as all those methods and techniques that are used for
conduction of research. Research methods or techniques refer to methods their searcher
as in performing research operation. In other words, all those methods which are used by
the researchers during studying his research problems are termed as research methods.
Since the object of research, particularly the applied research is to arrive at a solution for
a given problem, the available data and the unknown aspects of the problem must be
related to each other to make a solution possible. Keeping this in view took the following
two methods:

 Analysis of documents
 Interview

COLLECTION OF DATA

Primary data

I have used questionnaire as primary source for collecting data for my study.

Secondary data

I have collected my secondary data from websites and journal and books.

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SAMPLING

SAMPLING PROCEDURE

The sample was selected out of some of the investors and brokers in HDFC mutual fund
and near by that area, irrespective of them being investors or not or services or not. It was
also collected through personal visits to persons by formal and informal talks and through
filling up the questionnaire prepared. The data has been analyzed by using
mathematical/Statistical tool

SAMPLE SIZE

The sample size of my project is limited to 60 people only.

SAMPLE DESIGN

Data has been presented with the help of bar graph, pie charts, line graphs etc.

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CHAPTER 5
DATA INTERPRETATION AND ANALYSIS

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INTRODUCTION: Above data has been collected from 60 respondents.

The questions are asked to mixed group of people are:

1. (a) Age distribution of the investors of Nagpur

Sr. No Particulars Responses Percentage (%)

1. 18-25 38 64%

2. 25-35 9 14%

3. 35-45 7 12%

4. 45 and Above 6 10%

Total 60 100%

Age Group

10%

14% 18-25
25-35
35-45
12%
64% 45 and above

Interpretation:

According to this chart out of 60 persons the most are in the age group of 18-25,
the second most age group is 35-45 i.e.14%. 45 and above age group is having low
response.

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(b) Gender of the investor

Sr. No Particulars Responses Percentage (%)

1. Male 35 58.33%

2. Female 25 41.67%

Total 60 100%

NO.OF RESPONDENCE

35
30
25
20
15
10
5
0

MALE
FEMALE

MALE FEMALE
NO.OF RESPONDENCE 35 25

Interpretation:
According to the above data there were 35 male and 25 female investors.
The data indicates a higher number of male respondents compared to female
respondents

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(c) Qualification of the investors

Sr. No Particulars Responses Percentage (%)

1. SSC 2 3%

2. HSC 9 15%

3. GRADUATE 31 53%

4. POST GRADUATE 10 17%

5. OTHER 7 12%

Total 60 100%

QUALIFICATION
3%
12% 15%
17% SSC
HSC
GRADUATE
53% POST GRADUATE
OTHER

Interpretation:
The data indicates that a significant number of investors, primarily graduates,
have higher levels of education, suggesting that education may influence
investment decisions due to better understanding of financial markets and
strategies.

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(D) PROFESSION OF THE INVESTORS

Sr. No Particulars Responses Percentage (%)

1. STUDENT 38 64%

2. EMPLOYED 14 24%

3. UNEMPLOYED 8 12%

Total 60 100%

PROFESSION OF INVESTORS
70.00%

60.00%

50.00%

40.00%

30.00%
INVESTORS
20.00%

10.00%

0.00%
STUDENT EMPLOYED UNEMPLOYED
INVESTORS

Interpretation:
The data indicates that a significant number of investors are employed, suggesting
that many professionals are likely to invest in financial markets or assets, with a
low percentage of unemployed investors.

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(e) APPROXIMATE MONTHLY INCOME OF INVESTORS

Sr. No Particulars Responses Percentage (%)

1. UP TO 10000 32 57%

2. 10000 TO 15000 12 19%

3. 15000 TO 20000 7 11%

4. 20000 AND ABOVE 9 13%

Total 60 100%

NO. OF RESPONDENTS

13%
11%
UP TO 10000
57% 10000 TO 15000
19%
15000 TO 20000
20000 AND ABOVE

Interpretation:
The majority of respondents (56.6%) have an income of up to $10,000, indicating a
significant portion of the population is in the lower income bracket, with a notable
decrease in respondents as income levels increase.

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2. AWARENESS ABOUT MUTUAL FUND

Sr. No Particulars Responses Percentage (%)

1. YES 41 68%

2. NO 12 20%

3. MAYBE 7 12%

Total 60 100%

NO. OF RESPONDENTS

12%

YES
20%
NO
MAYBE
68%

Interpretation:
The overall data suggests that a substantial majority are in favor ("YES"), with a
minority expressing disagreement ("NO") and a smaller portion uncertain
("MAYBE"). This could imply a generally positive reception towards the subject
matter or question posed. However, the presence of "MAYBE" responses also
suggests that there might be a degree of ambiguity or complexity surrounding the
topic.

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3. EVER INVESTED IN MUTUAL FUNDS

Sr. No Particulars Responses Percentage (%)

1. YES 24 40%

2. NO 32 53.3%

3. MAYBE 4 6.7%

Total 60 100%

NO OF RESPONDENTS

60%

50%

40%

30%

20%

10%

0%
YES NO MAYBE
NO OF RESPONDENTS 40% 53.30% 6.70%

Interpretation:
The data suggests that there is a considerable level of disagreement or opposition
to the subject matter among the respondents, as indicated by the majority (53.3%)
selecting "NO". However, it's worth noting that there is still a significant minority
(40%) who agree with the statement or question.

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4. NEW INVESTOR OR AN EXPERIENCED IN MUTUAL

FUND

Sr. No Particulars Responses Percentage (%)

1. NEW INVESTOR 24 40%

2. EXPERIENCED 32 21.7%

3. IM NOT AN INVESTOR 13 38.4%

Total 60 100%

NO OF RESPONDENTS

40%
35%
30%
25%
20%
15%
10%
5%
0%
New Investor Experienced Im not an
investor
NO OF RESPONDENTS 40% 21.70% 38.40%

Interpretation:
The data shows 38.4% of respondents are not investors, suggesting potential for
financial education. 40% are new investors, indicating interest in savings.
Experienced investors (21.7%) are smaller, indicating need for support and
resources.

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5. PREFERENCE OF THE INVESTOR IN DIFFERENT

FUND HOUSES

Sr. No Particulars Responses Percentage (%)

1. HDFC 11 21.2

2. SBI 14 26.9

3. ICIC 9 17.3

4. AXIS 9 17.3

5. RELIANCE 9 17.3

Total 60 100%

NO. OF RESPONSES
60
50
40
30
20
10
0
HDFC SBI ICIC AXIS RELIAN Total
CE
Responses 11 14 9 9 9 60
Percentage (%) 21.2 26.9 17.3 17.3 17.3 100%

Interpretation:
 SBI received the highest percentage of responses, indicating it was the
most popular choice among respondents.
 HDFC follows SBI with the second-highest percentage of responses.
 ICIC, AXIS, and RELIANCE received the same percentage of responses,
making them equally popular among respondents.

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6. ATTRACTION TOWARDS THE FEATURES OF MUTUAL

FUND

Sr. No Particulars Responses Percentage (%)

1. FLEXIBILITY 31 52.5%

2. CONFIDENTIALITY 20 33.9%

3. MARKET RISK 19 32.2%

4. BETTER RETURS 25 40.7%

Total 95 159.3%

NO.OF RESPONDES
NO.OF RESPONDES

31

20
19 25

FLEXIBILIY
CONFIDENTIALIY
MARKT RISK
BETTER RETURS

Interpretation:
Flexibility seems to be highly valued by the respondents, as it received the highest
number of responses. Confidentiality and market risk are also significant concerns,
though slightly less so than flexibility. Better returns received a considerable number of
responses, indicating that profitability or achieving higher gains is an important
consideration for the respondents.

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7. PURCHASING OF MUTUAL FUNDS

Sr. No Particulars Responses Percentage (%)

1. BROKERS 12 20%

2. BANKS 19 31.7%

3. DIRECTLY FROM AMC 2 3.3%

4. ONLINE INVESTMENT 9 15%

5. NOT PURCHASED 18 30%

Total 60 100%

NO.OF RESPONDENTS
NO.OF RESPONDENTS

31.70%
30%

20%
15%

3.30%

BROKERS BANK DIRECTLY ONLINE NOT

FROM AMC INVESTMENT PURCHASING

Interpretation:
Overall, the data suggests a diverse landscape of investment preferences among
respondents, with a significant portion utilizing traditional channels such as banks and
brokers, while others are opting for online platforms. The low percentage of respondents
preferring to invest directly from AMC indicates a preference for intermediary services or
platforms.

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8. Past performance is important when selecting mutual fund

Sr. No Particulars Responses Percentage (%)

1. 1 (NOT IMPORTANT AT ALL) 6 10

2. 2 (SLIGHTLY IMPORTANT) 12 20

3. 3 (MODERATELY IMPORTANT) 24 40

4. 4 (IMPORTANT) 12 20

5. 5 (VERY IMPORTANT) 6 10

Total 60 100%

NO.OF RESPONDENTS

10% 10%
1 (Not important at all)

20% 20% 2 (Slightly important)

3 (Moderately important)
4 (Important)
5 (Very important)
40%

Interpretation:
Survey Findings on Response Importance
• 40% of respondents consider a response moderately important.
• 20% consider it important, 20% rate it slightly important.
• 10% find the response unimportant, 10% rate it very important.
• Majority consider the response to carry some level of importance.

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HYPOTHESIS TESTING
Hypothesis
H0:- Past performance of Mutual Funds Scheme is not related to their efficiency.

H1:- Past performance of Mutual funds Scheme is related to their efficiency.

From the above research study conducted during my research work it is found
that among the above mentioned hypothesis, Hypothesis H0 i.e. “Past
performance of Mutual Funds Scheme is not related to their efficiency. ” is found
to be true hence accepted, because they are no direct relationship of mutual
fund scheme to their efficiency where as another hypothesis H1 i.e. “Past
performance of Mutual funds Scheme is related to their efficiency.” is rejected.

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CHAPTER 6
FINDINGS

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FINDING:-

In my research I have founded following things:

1. Investors have more faith HDFC's mutual fund.

2. As the age increases investors are much satisfied, see more risk & become morerisk
adverse. Old people & Widows prefer lower risk.

3. Investors are not highly satisfied by company rules & employee behavior.

4. Investors think that HDFC provides better returns than others.

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CHAPTER 7
RECOMMENDATION AND SUGGESTION

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RECOMMENDATION AND SUGGESTION

1. Mutual fund have advantages and disadvantages compared to direct investing in

individual fund scheme.

2. The primary advantages of mutual funds are that they provide high level of
diversification, good returns when market is on growing side, low risk to invested
amount.

3. Now a days in market there are various Mutual Funds of many Public and Private
sectors banks, Manufacturing companies

4. One should invest more in tax benefit mutual funds so that we can save in both
the ways.

5. One should invest in mutual fund very carefully and by doing lots of research and
comparing mutual fund which are doing well in current market at the time of
investment.

6. Mutual fund can be selected by keeping in mind our various goals or requirement
of fund by future planning such as retirement plan, children's higher education
Planning, children marriage, medical requirements, etc and many more such
reasons.

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CHAPTER 8
CONCLUSION

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CONCLUSION
HDFC Mutual Fund offers a diverse range of mutual fund products catering to the varied
investment objectives and risk profiles of investors. Through its comprehensive lineup of
equity funds, debt funds, hybrid funds, index funds, sectorial/thematic funds, solution-
oriented funds, and exchange-traded funds (ETFs), HDFC Mutual Fund provides investors
with ample choices to construct well-rounded investment portfolios.

The equity funds offered by HDFC Mutual Fund aim to deliver capital appreciation over
the long term by investing in stocks across different market segments and sectors. These
funds are suitable for investors seeking growth opportunities and willing to accept higher
market volatility.

For investors prioritizing income generation and capital preservation, HDFC Mutual Fund's
debt funds provide a range of options investing in fixed-income securities with varying
durations and credit qualities. These funds offer stable returns over the medium to long
term and are suitable for conservative investors or those with shorter investment horizons.

In conclusion, HDFC Mutual Fund's array of mutual fund products offers investors a
comprehensive toolkit to construct well-diversified investment portfolios aligned with their
financial goals, risk tolerance, and investment horizons. However, investors should conduct
thorough research, consider their individual circumstances, and consult financial advisors
before making investment decisions to ensure alignment with their objectives and risk
Profiles.

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CHAPTER 9
BIBLIOGRAPHY

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BIBLIOGRAPHY

Websites:-
 www.mutualfundsahihai.in
 https://mutualfundindia.com
 https://wikipedia.org/wiki/hdfclife
 www.amfindia.com
 www.mutualfundsahihai.in
 https://www.hdfcbank.com/personal/invest/mutual-funds
 https://m.economictimes.com/hdfc-mutual-fund/mutual_funds_search/amcid-302.cms

Books:-
 Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor
Author – John. C. Bogle
 Indian Mutual Funds Handbook 5th Edition: A Guide for Industry Professionals and
Intelligent Investors
Author – Sundar Sankaran

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CHAPTER 10
ANNEXTURE

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ANNEXTURE

1. Name

2. Age

1. 18-25 years
2. 25-35 years
3. 35-45 years
4. 45 and above

3. Gender

1. Male
2. female

4. Qualification

1. SSC
2. HSC
3. Graduate
4. Post Graduate
5. Other

5. Profession

1. Student
2. Employed
3. Unemployed

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6. Monthly Income

1. Up to 10000
2. 10000 to 15000
3. 15000 to 20000
4. 20000 and above

7. Do you know about mutual fund?

1. Yes
2. No
3. Maybe

8. Have you ever invested in mutual funds?

1. Yes
2. No
3. Maybe

9. Are you a new investor or experience investor in mutual funds?

1. New Investor (Experience below 6 months)

2. Experienced
3. Im not an investor

10. In which company did you invest in mutual fund?

1. HDFC
2. SBI
3. ICICI
4. AXIS
5. RELIANCE

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11. Which features attract you the most while choosing a specific mutual?

1. Flexibility
2. Confidentiality
3. Market Risk
4. Better Returns

12. From where did you purchase your mutual fund?

1. Brokers
2. Bank
3. Directly From AMC
4. Not Purchasing
5. Online Investment

13. On a scale of 1 to 5, how important is past performance when selecting a mutual fund?

1. 1 (Not important at all)

2. 2 (Slightly important)
3. 3 (Moderately important)
4. 4 (Important)
5. 5 (Very important)

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