NISM X Taxmann's Mutual Fund Foundation – Exhaustive guide on sales, distribution, and support services for financial advisors focusing on scheme evaluation and product recommendation

2024-02-07

PDF NISM X Taxmann's Mutual Fund Foundation – Exhaustive guide on sales, distribution, and support services for financial advisors focusing on scheme evaluation and product recommendation Download

Author: NISM (An Educational Initiative of SEBI)
Publisher: Taxmann Publications Private Limited
ISBN: 9357786023
Category : Education
Languages : en
Pages : 23

The book is a comprehensive guide on sales, distribution, and support services in the mutual fund industry. It covers mutual funds' basics, roles, structures, types, accounting, valuation, taxation, and distribution Designed specifically to aid financial advisors, the book emphasizes understanding mutual funds and using this knowledge to develop and maintain client relationships. It will also benefit all those who want to understand the Indian mutual fund industry better. This book also advocates for financial planning as a key investment approach in mutual funds. It discusses the concept of: • Scheme Evaluation – It discusses how to evaluate various mutual fund schemes. • Recommendation of Products and Services – Guidance is provided on recommending suitable products and services to investors and prospective investors. The Present Publication is the October 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination V-B [Mutual Fund Foundation], with the following noteworthy features: • [Know the Basics] A section that provides an in-depth understanding of mutual funds, including their roles, structures, and different types of schemes. • [Know How Mutual Funds are Distributed] This part discusses the distribution of mutual funds in the market, including evaluating schemes and recommending suitable schemes to prospective investors. • [Know the Rules and Regulations] It covers the regulatory framework related to distributing mutual fund products, an important aspect for professionals in the industry. The structure of this book is as follows: • Introduction to Mutual Funds o Investment Landscape – Insights on investment basics, different asset classes, financial needs, financial goals, and the role of mutual funds in achieving these goals o Concept and Role of a Mutual Fund – Discusses the concept, classification, and growth of mutual funds, particularly in India • Structural Insights o Legal Structure of Mutual Funds in India – Discusses the structure, key constituents, organization of asset management companies, and the roles of various service providers and AMFI • Products and Distribution o Mutual Fund Products for New Distributors – Covers mutual fund products specific to new distributors, including various schemes like liquid, index funds, diversified equity schemes, retirement benefits, and fixed maturity plans o Scheme-Related Information – Details mandatory and non-mandatory disclosures in mutual funds o Fund Distribution and Channel Management Practices – Focuses on the role of mutual fund distributors, types, modes of distribution, prerequisites, revenue models, and regulatory aspects • Performance and Taxation o Performance of Mutual Funds – Discusses the calculation of returns, concept of loads, risk in mutual fund investments, and risk-adjusted returns. o Taxation – Covers taxation aspects, including capital gains, dividend income, stamp duty, securities transaction tax, and tax benefits related to mutual funds • Investor Services o Investor Services – Provides information on the NFO process, investment plans and services, allotment of units, account statements, KYC requirements, and operational aspects of mutual fund transactions • Legal and Regulatory Framework o Legal and Regulatory Environment – Explores the role of SEBI, investor grievance redressal, and codes of conduct and ethics in mutual funds • Appendices o Includes formats for scheme information documents, statement of additional information, key information memorandum, and AMFI's code of ethics and conduct

NISM X Taxmann's Mutual Fund Distributors – Covering basics of mutual fund, role & structure, mutual fund schemes & features, accounting, valuation & taxation aspects, etc., for mutual funds industry

2023-12-12

PDF NISM X Taxmann's Mutual Fund Distributors – Covering basics of mutual fund, role & structure, mutual fund schemes & features, accounting, valuation & taxation aspects, etc., for mutual funds industry Download

Author: NISM (An Educational Initiative of SEBI)
Publisher: Taxmann Publications Private Limited
ISBN: 9357783725
Category : Education
Languages : en
Pages : 23

The book provides a comprehensive guide to improving the mutual fund industry's sales, distribution, and support services. It includes an introduction to mutual funds, an exploration of their role and structure, a variety of mutual fund schemes and their characteristics, and the fundamentals of accounting, valuation, and taxation in mutual funds. Furthermore, the book discusses the distribution of mutual funds, scheme evaluation techniques, and services offered to current and potential investors. This book aims to create a common minimum knowledge benchmark for all persons involved in selling and distributing mutual funds, including: • Individual Mutual Fund Distributors • Employees of organizations engaged in the sales and distribution of Mutual Funds • Employees of Asset Management Companies, especially persons engaged in sales and distribution of Mutual Funds This book will be immensely useful to those who want to understand the Indian mutual fund industry better. The Present Publication is the August 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination V-A [Mutual Fund Distributors], with the following noteworthy features: • [Know the Basics] of Mutual Funds, their role and structure, different kinds of mutual funds schemes and their features • [Understand] how mutual funds are distributed in the marketplace, how schemes are to be evaluated, and how suitable products and services can be recommended to investors and prospective investors in the market • [Get Oriented] to the legalities, accounting, valuation, and taxation aspects underlying mutual funds and their distribution • Coverage of this book includes: o Investment Landscape o Concept and Role of a Mutual Fund o Legal Structure of Mutual Funds in India o Legal and Regulatory Framework o Scheme Related Information o Fund Distribution and Channel Management Practices o Net Asset Value, Total Expense Ratio and Pricing of Units o Taxation o Investor Services o Risk, Return and Performance of Funds o Mutual Fund Scheme Performance o Mutual Fund Scheme Selection

NISM X Taxmann's Investment Adviser (Level 2) – Comprehensive guide for investment advisory services covering insurance planning, risk management, estate planning, behavioural finance, et al.

2024-01-17

PDF NISM X Taxmann's Investment Adviser (Level 2) – Comprehensive guide for investment advisory services covering insurance planning, risk management, estate planning, behavioural finance, et al. Download

Author: NISM (An Educational Initiative of SEBI)
Publisher: Taxmann Publications Private Limited
ISBN: 9357787887
Category : Law
Languages : en
Pages : 32

The book aims to clarify and focus on the critical areas of investment advisory, enhancing the overall quality of services in the financial industry. It discusses various critical topics such as insurance planning, understanding different insurance products, and essential aspects of risk management. Additionally, the discussion includes retirement products, detailing their features and the pivotal role of Investment Advisers in effective retirement planning. Much of the book is dedicated to the intricacies of estate planning, including exploring various estate planning tools and the important tax considerations of different financial securities. Moreover, it emphasises behavioural finance's influence and risk profiling's significance in delivering comprehensive financial advice. In other words, the discussion is focused on topics such as: • [Know the Aspects] of the following: o Insurance Planning o Insurance Products o Risk Management o Taxation Aspects of Different Financial Securities o Role of Behavioural Finance o Risk Profiling in Providing Financial Advice • [Understand] the following: o Various Retirement Products and their Features o Role of Investment Advisers in Retirement Planning o Important of Estate Planning o Role of Estate Planning Tools The Present Publication is the August 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination X-B | Investment Adviser (Level 2), with the following contents: • Risk Management and Insurance Planning o Basics of Insurance o Life Insurance Products o Non-Life Insurance Products • Retirement Planning o Retirement Planning Basics o Retirement Products o Miscellaneous Aspects of Retirement Planning • Taxation o Concepts in Taxation o Capital Gains o Income from Other Sources o Taxation of Debt Products o Taxation of Equity Products o Taxation of Other Products o Tax Provisions for Special Cases • Estate Planning o Basics of Estate Planning o Tools for Estate Planning • Behavioural Finance o Basics of Behavioural Finance o Behavioural Finance in Practice • Comprehensive Investment Advice o Risk Profiling for Investors o Comparison of Products Across Categories • Case Studies o Practical Case Studies with Solutions

NISM X Taxmann's Investment Adviser (Level 1) – Encompassing a comprehensive guide investment advisory & related services – equity, debt, derivatives, mutual funds, and portfolio management services

2023-12-21

PDF NISM X Taxmann's Investment Adviser (Level 1) – Encompassing a comprehensive guide investment advisory & related services – equity, debt, derivatives, mutual funds, and portfolio management services Download

Author: NISM (An Educational Initiative of SEBI)
Publisher: Taxmann Publications Private Limited
ISBN: 9357787666
Category : Education
Languages : en
Pages : 26

This book aims to create a common minimum knowledge benchmark for all individual investment advisers or principal officers of a non-individual investment adviser and persons associated with investment advice under SEBI (Investment Advisers) Regulations, 2013 and offering investment advisory services. This book covers all important topics to enhance the quality of investment advisory and related services in the financial services industry. It covers topics related to the following: • [Know the Basics] of the following: o Personal Financial Planning o Time Value of Money o Evaluating the Financial Position of Clients o Debt Management & Loans • [Understand the Indian Markets] for Finance and Securities segments. • [Get Oriented to Different Investment Products] such as: o Equity o Debt o Derivatives o Managed Portfolios such as mutual funds, portfolio management services and alternative investment funds • [Knowledge] about the portfolio construction, performance monitoring and evaluation • [Understand] about the operational aspects of investment management, key regulations, ethical issues of investment advisers and grievance redressal system The Present Publication is the August 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination X-A | Investment Adviser (Level 1), with the following contents: • Personal Financial Planning o Introduction to Personal Financial Planning o Time Value of Money o Evaluating the Financial Position of Clients o Debt Management and Loans • Indian Financial Markets o Introduction to the Indian Financial Markets o Securities Market Segments • Investment Products o Introduction to Investment o Investing in Stocks o Investing in Fixed Income Securities o Understanding Derivatives • Investment Through Managed Portfolios o Mutual Funds o Portfolio Manager o Overview of Alternative Investment Funds (AIFs) • Portfolio Construction, Performance Monitoring and Evaluation o Introduction to Modern Portfolio Theory o Portfolio Construction Process o Portfolio Performance Measurement and Evaluation • Operations, Regulatory Environment, Compliance and Ethics o Operational Aspects of Investment Management o Key Regulations o Ethical Issues o Grievance Redress Mechanism

NISM X Taxmann's Portfolio Management Services (PMS) Distributors – Covering investment fundamentals & securities markets, this book offers an in-depth look at portfolio management

2024-02-07

PDF NISM X Taxmann's Portfolio Management Services (PMS) Distributors – Covering investment fundamentals & securities markets, this book offers an in-depth look at portfolio management Download

Author: NISM (An Educational Initiative of SEBI)
Publisher: Taxmann Publications Private Limited
ISBN: 935778490X
Category : Education
Languages : en
Pages : 19

The book discusses the fundamentals of investments and securities markets, providing a detailed analysis of stock investments, fixed-income securities, derivatives, and mutual funds. It intricately explains portfolio managers' role and operational aspects, including the portfolio management process, performance measurement, and evaluation criteria. Much of the book is dedicated to the critical elements of taxation, regulatory frameworks, governance, and ethical considerations in portfolio management, offering a holistic view of portfolio managers' responsibilities and challenges. This book is tailored to equip PMS distributors with essential knowledge and skills, aligning to establish a common minimum knowledge benchmark for them. The Present Publication is the October 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination XXI-A [Portfolio Management Services (PMS) Distributors], with the following noteworthy features: • [Know the Basics] of investments, securities markets, investing in stocks, understanding fixed income securities, derivatives and mutual funds • [Understand] the role of portfolio managers; operational aspects of portfolio management services and the portfolio management process; performance measurement and evaluation of portfolio managers • [Get Oriented] to the taxation aspects and regulatory, governance and ethical aspects of portfolio managers The detailed contents of the book are as follows: • Investments – This chapter discusses investments, differentiating them from speculation, and discusses investment objectives, types, and channels • Introduction to Securities Markets – It introduces securities markets, explaining the primary and secondary markets and the roles of various market participants • Investing in Stocks – This section covers equity investments, risk diversification, equity market overview, equity research, stock selection, and technical analysis • Investing in Fixed Income Securities – Discusses fixed income securities, bond characteristics, safety determinants, bond valuation, and price volatility • Derivatives – Defines derivatives, types of derivative products, market structures, purposes, and investment strategies in PMS • Mutual Funds – Explores the concept and role of mutual funds, their legal structure in India, types of mutual fund products, and investment processes • Role of Portfolio Managers – Provides an overview of portfolio managers in India, types of PMS, organizational structures, and general responsibilities • Operational Aspects of Portfolio Managers – Details on investor onboarding, disclosures, investor grievance redressal, regulatory disclosures, and investment costs • Portfolio Management Process – Discusses asset allocation decisions, correlation across asset classes, steps in portfolio management, and portfolio rebalancing • Performance Measurement and Evaluation of Portfolio Managers – Covers performance parameters, risk and return measures, risk-adjusted return, performance evaluation methods, and portfolio manager selection • Taxation – Focuses on the taxation of investors, taxation of various income streams, and specific tax regulations • Regulatory, Governance and Ethical Aspects – Addresses money laundering prevention, insider trading regulations, fraudulent and unfair trade practices, portfolio manager regulations, best practices, and investor charter

NISM X Taxmann's Alternative Investment Funds Managers – Foundation knowledge of the AIF ecosystem in India with insights on fund management, regulatory & taxation frameworks, best practices, etc.

2024-03-28

PDF NISM X Taxmann's Alternative Investment Funds Managers – Foundation knowledge of the AIF ecosystem in India with insights on fund management, regulatory & taxation frameworks, best practices, etc. Download

Author: NISM (An Educational Initiative of SEBI)
Publisher: Taxmann Publications Private Limited
ISBN: 9357787593
Category : Law
Languages : en
Pages : 26

This comprehensive guide discusses the intricacies of Alternative Investment Funds (AIFs) in India, offering: • Foundational understanding of the investment landscape • Alternative asset classes • Role and functions of key stakeholders within the AIF ecosystem The key learning outcomes of the book are as follows: • Equip readers with a basic understanding of the diverse investment landscape and the nuances of alternative asset classes • Foster a deep comprehension of the key theories underpinning investment decisions and fund management • Enable thorough knowledge of managing AIFs, focusing on product suitability, ecosystem roles, fund governance, and strategic investment approaches • Enable the readers to understand the complex regulatory and taxation landscape affecting AIFs in India, promoting best practices in fund management and compliance This book is designed for AIF Managers, investment team members, finance professionals, and anyone interested in deepening their understanding of alternative investment funds management in India. The Present Publication is the December 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination XIX-C | Alternative Investment Funds Managers, with the following noteworthy features: • [Foundation of Investment] Introduces the investment landscape, distinguishing between traditional and alternative investments, and elucidates the basics of portfolio theory • [AIF in India] Offers an in-depth analysis of AIFs in India, including their evolution, regulatory environment, and the suitability of various AIF products for portfolio diversification • [Fund Management] Discusses the critical role of investment managers and their teams in fund management duties, emphasising governance, conflict of interest management, and the importance of a robust governance structure • [Valuation and Performance] Explains valuation techniques, investment strategies, and the process of performance evaluation, including benchmarking policies • [Regulatory and Taxation Aspects] Covers the essential regulatory framework and taxation aspects relevant to AIFs in India, ensuring compliance and understanding of legal obligations The detailed contents of the book are as follows: • Investment Landscape o Introduction to various investment types and their distinctions from speculation o Discussion on investment objectives and the process of estimating the required rate of return • Types of Investments o Comparison between traditional and alternative investments, including their types and roles in portfolio management o Examination of the channels for making investments and the historical growth of alternative investments • Concept of Informational Efficiency o Exploration of informational versus operational efficiency, efficient capital markets, and the Random Walk Theory o Analysis of the Efficient Market Hypotheses (EMH), market anomalies, and their implications on valuation and portfolio management • Introduction to Modern Portfolio Theory o Detailed framework for constructing portfolios, assumptions of the theory, and the definition of investor risk profiles o Discussion on expected rates of return, variance, portfolio optimisation, and the Efficient Frontier • Introduction to Capital Market Theory o Overview of Capital Market Theory, its assumptions, the Capital Market Line, and the diversification of risk o Insights into CAPM, empirical tests, and multi-factor models of risk and return • Alternative Investment Funds in India and its Suitability o Detailed analysis of the evolution, growth, and current market of AIFs in India o Comparison of AIFs with traditional investments and their role in portfolio diversification and risk management • Alternative Investment Fund Ecosystem o Comprehensive understanding of the concepts prevalent in the AIF industry • Alternative Investment Fund Structuring o Insights into the principle of 'Pooling', buy-out transactions, AIF constitution, and common fund structures • Fee Structure and Fund Performance o Examination of management fees, hurdle rate, high-water mark, types of risks, risk measures, and return measures in AIFs • Indices and Benchmarking o Detailed exploration of indices, their uses, methodologies, and performance benchmarking • Investment Strategies, Investment Process and Governance of Funds o Insight into investment strategies, deal sourcing, investor due diligence, and governance structures in AIFs • Funds Due Diligence | Investor Perspective o Comprehensive guide to fund due diligence, manager evaluation, and selection from an investor's perspective • Legal Documentation and Negotiations o Overview of essential legal documents and negotiations in the AIF landscape • Valuation o Detailed discussion on valuation basics, approaches, and techniques for AIF portfolio investments • Fund Monitoring, Reporting and Exit o Insights into the regulatory framework for fund monitoring, reporting, exit options, and liquidation schemes • Taxation o Detailed examination of taxation related to AIFs, including surcharge rates, GAAR, and other applicable taxes • Regulatory Framework o Comprehensive overview of the regulatory framework governing AIFs, including SEBI regulations and other related laws

NISM Exam Preparation Guide | NISM Series V A Mutual Fund Distributors Exam | Practice & Mock Test | 500+ Question Bank

2023-11-09

PDF NISM Exam Preparation Guide | NISM Series V A Mutual Fund Distributors Exam | Practice & Mock Test | 500+ Question Bank Download

Author: P. Anshu
Publisher: P. Anshu
ISBN:
Category : Business & Economics
Languages : en
Pages : 141

This NISM Exam Preparation Guide - NISM Series V A Mutual Fund Distributors Exam endeavors to establish a comprehensive test of learner’s knowledge for individuals engaged in the sale and distribution of mutual funds and aspiring to appear in NISM Series VA MFD Exam. This encompasses a diverse audience, including individual mutual fund distributors, employees of organizations actively involved in mutual fund sales and distribution, and personnel within asset management companies, particularly those specializing in mutual fund sales and distribution. Within the pages of this book, readers will find comprehensive 500+ question bank, as Chapter Wise Practice Test (100 Questions), Learning Outcome / NISM Test Objective wise 3 Mock Test (100 Questions Each), and a Final Mastery Test (100 Questions). Each question comes with a hint for learners to recall the concept, which will help them master each topic, Learning Outcome, & Test Objective. This publication, dated November 2023, represents the concepts covered under the NISM workbook Aug 2023 edition available on NISM website. Various Types of Tests in this book: Evaluation Questions (25): This section for you to evaluate content in this book prior to purchasing the book. This will enable you to understand the quality of questions we incorporated into this book. Practice Test (100 Questions): Specially designed chapter wise test along with hints for learners. This test will help in Confidence Building & Familiarization of each concepts chapter wise. Mock Tests (300+ Questions): There are three Mock Tests (100 Questions Each) To help individuals gauge their current level of knowledge and further enhancement of confidence for real NISM exam. Mock Tests in this book are specially designed Learning Outcome wise & Test Objective wise as outlined by NISM for each chapter. Mastery Test (100 Questions): This test we tried to replicate the real exam based on our experience and feedback received from learners and mentors, who already cleared this exam. However, to help you more effectively, we have given HINTS for each question in this section as well. This NISM Exam Preparation Guide, extensively covers each Learning Outcome, Test Objectives for each of the topics such as: 1. The landscape of investments 2. The concept and role of mutual funds 3. The legal structure of mutual funds in India 4. Legal and regulatory frameworks 5. Scheme-related information 6. Fund distribution and channel management practices 7. Net Asset Value, Total Expense Ratio, and unit pricing 8. Taxation 9. Investor services 10. Risk, return, and fund performance 11. Mutual fund scheme performance 12. Mutual fund scheme selection This book aims to equip readers with a comprehensive understanding of mutual funds and the relevant expertise needed for success in NISM Series VA Mutual Fund Distributor Exam.

108 Questions & Answers on Mutual Funds & SIP

2017-08-18

PDF 108 Questions & Answers on Mutual Funds & SIP Download

Author: Yadnya Investments
Publisher: Notion Press
ISBN: 1947697862
Category : Business & Economics
Languages : en
Pages : 132

Have you ever thought of letting your money work for you by being a part of the Indian growth story but the complicated financial jargon, perplexing terms and conditions, dilemma associated with risky investments and too many mutual fund options stopped you! This book provides answers to all such FAQs that an Indian Mutual Funds and SIP investor has. This book will help you understand the various types of mutual funds, their comparison with other assets, ways to invest in mutual funds and identify the type of funds that fit your profile the best. The focus of the book is on simplifying myriad concepts of mutual funds and demystifying myths around these investments. The author has approached this book in a question-answer format with lots of recent examples.

Indian Mutual Funds Handbook (5th Edition)

2018-05-25

PDF Indian Mutual Funds Handbook (5th Edition) Download

Author: Sundar Sankaran
Publisher: Vision Books
ISBN: 9386268213
Category : Business & Economics
Languages : en
Pages : 344

Bogle On Mutual Funds

2015-04-02

PDF Bogle On Mutual Funds Download

Author: John C. Bogle
Publisher: John Wiley & Sons
ISBN: 1119109566
Category : Business & Economics
Languages : en
Pages : 368

The seminal work on mutual funds investing is now a Wiley Investment Classic Certain books have redefined the way we view the world of finance and investing—books that should be on every investor’s shelf. Bogle On Mutual Funds—the definitive work on mutual fund investing by one of finance’s great luminaries—is just such a work, and has been added to the catalog of Wiley’s Investment Classic collection. Updated with a new introduction by expert John Bogle, this comprehensive book provides investors with the wisdom of the pioneer of mutual funds to help you identify and execute the ideal mutual fund investment choices for your portfolio. The former Vanguard Chief Executive, Bogle has long been mutual funds' most outspoken critic; in this classic book, he provides guidance on what you should and shouldn't believe when it comes to mutual funds, along with the story of persistence and perseverance that led to this seminal work. You'll learn the differences between common stock, bond, money market, and balanced funds, and why a passively managed "index" fund is a smarter investment than a fund managed by someone making weighted bets on individual securities, sectors, and the economy. Bogle reveals the truth behind the advertising, the mediocre performance, and selfishness, and highlights the common mistakes many investors make. Consider the risks and rewards of investing in mutual funds Learn how to choose between the four basic types of funds Choose the lower-cost, more reliable investment structure See through misleading advertising, and watch out for pitfalls Take a look into this timeless classic and let Bogle On Mutual Funds show you how to invest in mutual funds the right way, with the expert perspective of an industry leader.