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Lovely Professional University, Punjab

Course Code Course Title Course Planner Lectures Tutorials Practicals Credits
FIN215 MUTUAL FUNDS AND EXCHANGE TRADED 14123::Rohit Bansal 3 0 0 3
FUNDS
Course Weightage ATT: 5 CA: 25 MTT: 20 ETT: 50 Exam Category: 55: Mid Term Exam: All Subjective – End Term Exam: All
Subjective
Course Orientation KNOWLEDGE ENHANCEMENT

TextBooks ( T )
Sr No Title Author Publisher Name
T-1 MUTUAL FUNDS (BEGINNERS) NSE NATIONAL STOCK EXCHANGE
MODULE BY NSE INDIA LTD
Reference Books ( R )
Sr No Title Author Publisher Name
R-1 MUTUAL FUNDS IN INDIA NALINI PRAVA EXCEL BOOKS
TRIPATHY
Other Reading ( OR )

Sr No Journals articles as Compulsary reading (specific articles, complete reference)

OR-1 http://www.moneycontrol.com/mutualfundindia ,

Relevant Websites ( RW )
Sr No (Web address) (only if relevant to the course) Salient Features
RW-1 www.moneycontrol.com Review the NAVs of various mutual funds

RW-2 https://www.kotaksecurities.com/ksweb/Research/Investment-knowledge- Kotak Securities Introduction to Mutual Funds


Bank/introduction-to-mutual-fund
RW-3 www.mutualfundindia.com General overview of the mutual fund market

RW-4 http://www.moneycontrol.com/news/mf-experts/five-ways-to-invest-smartermutual- Invest in mutual funds smartly


funds-_7148801.html
RW-5 https://www.nseindia.com/products/content/equities/etfs/about_etfs.htm About exchange traded funds

RW-6 https://www.nseindia.com/products/content/equities/etfs/gold.htm Gold exchange traded funds

RW-7 https://www.valueresearchonline.com/ Complete guide to mutual funds

RW-8 https://www.nseindia.com/products/content/debt/wdm/ndm.htm NSE debt segment

An instruction plan is only a tentative plan. The teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Audio Visual Aids ( AV )
Sr No (AV aids) (only if relevant to the course) Salient Features
AV-1 https://www.youtube.com/watch?v=mInPCUXo0lw Mutual funds basics
AV-2 https://www.youtube.com/watch?v=oSSjEoJApf8 Identification of mutual funds

LTP week distribution: (LTP Weeks)


Weeks before MTE 7
Weeks After MTE 7
Spill Over (Lecture) 7

Detailed Plan For Lectures


Week Lecture Broad Topic(Sub Topic) Chapters/Sections of Other Readings, Lecture Description Learning Outcomes Pedagogical Tool Live Examples
Number Number Text/reference Relevant Websites, Demonstration/
books Audio Visual Aids, Case Study /
software and Virtual Images /
Labs animation / ppt
etc. Planned
Week 1 Lecture 1 Introduction to mutual funds T-1 RW-3 Introduction to the The student may be Discussion using Ask students
(structure of mutual funds in R-1 subject and the able to appreciate power point about if they
India) pedagogy of the course. working of the presentation have invested in
Explain the structure of mutual fund industry. any mutual
mutual funds in India. funds, their
basis of
investing.
Lecture 2 Introduction to mutual funds T-1 OR-1 How do the fund The student will Discussion and Application of
(management of investors RW-1 managers manage the understand the interaction mutual funds
money and the concept of investors money, who is concept of the mutual through money
custodian) the custodian of the funds control website.
mutual fund securities
investments
Lecture 3 Introduction to mutual funds T-1 RW-2 Explain the role played The students will get Discussion and Ask the students
(role of asset management by the various asset an insight into interaction
companies) management companies various AMC about different
(AMC) and how they functions and roles types of funds -
handle the assets(Funds equity, debt and
of people) balanced
Week 2 Lecture 4 Introduction to mutual funds T-1 AV-2 Explain the role of The students will Discussion and Show money
(new fund offers and role of registrars and transfer learn the difference interaction control website
registrar and transfer agents) agents in the mutual between direct to define the
fund industry application of funds application of
or through a broker funds.

An instruction plan is only a tentative plan. The teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Week 2 Lecture 5 Introduction to mutual funds T-1 Explain the investors The student will have Discussion and
(investors rights and rights in the mutual an insight into the interaction
obligations) funds(like withdrawal- rights enjoyed by the
partial and full, transfer investors.
of funds, etc.
Lecture 6 Mutual fund products and T-1 OR-1 Explain the difference Students will Example based Show the mutual
features(open ended and R-1 AV-1 between open ended and understand the pros discussion
close ended funds) close ended mutual and cons of open funds on the
funds and their benefits ended and close money control
ended funds website
Week 3 Lecture 7 Mutual fund products and T-1 RW-7 Types of mutual funds- The students will Discussion with Show the
features(types of mutual R-1 diversified equity, debt have an insight into example various types of
funds) and balanced funds the benefits of mutual funds on
various funds the value
research
website.
Lecture 8 Mutual fund products and T-1 RW-4 Explain the types of The students will Discussion with
features(types of equity RW-7 different equity understand the interaction
schemes) schemes- diversified various equity
equity, balanced etc oriented mutual fund
schemes
Lecture 9 Mutual fund products and T-1 L9:Several terms of Students will have an Discussion with
features(important terms in R-1 mutual funds-NAV, insight into the terms example
mutual funds) expense ratio, portfolio related to mutual
turnover fund industry
L10:How does assets
under management
affect portfolio
turnover,how to analyse
cash level in portfolios,
exit loads

Week 4 Lecture 10 Mutual fund products and T-1 L9:Several terms of Students will have an Discussion with
features(important terms in R-1 mutual funds-NAV, insight into the terms example
mutual funds) expense ratio, portfolio related to mutual
turnover fund industry
L10:How does assets
under management
affect portfolio
turnover,how to analyse
cash level in portfolios,
exit loads

Lecture 11 Exchange traded funds T-1 RW-5 Explain the concept of The students will Discussion with
(introduction to exchange the exchange traded learn about exchange interaction
traded funds) funds traded funds product

An instruction plan is only a tentative plan. The teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Week 4 Lecture 12 Exchange traded funds T-1 RW-5 Explain the salient The students will Discussion with
(salient features of exchange features of the learn about various interaction
traded funds) exchange traded funds features of exchange
traded funds
Week 5 Lecture 13 Exchange traded funds T-1 RW-5 Working of exchange The students may Discussion with
(working of exchange traded traded funds understand the interaction
funds) process of exchange
traded funds
Lecture 14 Exchange traded funds RW-5 Market making by The students will get Discussion with
(market making by authorised participants an insight into role of interaction.
authorised participants) authorised
participants

Lecture 15 Exchange traded funds T-1 RW-6 Important terms related The students will get Discussion and
(important terms related to to exchange traded familiar with the interaction
exchange traded funds) funds terminology for ETFs
Week 6 Lecture 16 Exchange traded funds(types T-1 RW-5 Types of exchange The students can Discussion with
of exchange traded funds) RW-6 traded funds choose various kind example
of ETFs for
investment
Lecture 17 Exchange traded funds T-1 RW-5 Advantages of exchange Students will Example based
(advantages of exchange RW-6 traded funds understand the discussion
traded funds) benefits of exchange
traded funds for
investment
Lecture 18 Exchange traded funds T-1 RW-5 Comparison of exchange Ability to Discussion with
(comparison of exchange RW-6 traded funds with other differentiate ETFs example
traded funds with other mutual funds with other similar
mutual funds) products
Week 7 Lecture 19 Exchange traded funds T-1 RW-5 Applications of Ability to use ETFs Discussion and
(applications of exchange exchange traded funds in various scenarios interaction
traded funds)

SPILL OVER
Week 7 Lecture 20 Spill Over
Lecture 21 Spill Over

MID-TERM
Week 8 Lecture 22 Debt funds(salient features T-1 RW-8 L22:Salient features The student may be Discussion with
of debt funds) L23:Clarification of able to clarify the interaction
concepts concepts of face
of face value, coupon value, coupon and
and maturity maturity.

An instruction plan is only a tentative plan. The teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Week 8 Lecture 23 Debt funds(salient features T-1 RW-8 L22:Salient features The student may be Discussion with
of debt funds) L23:Clarification of able to clarify the interaction
concepts concepts of face
of face value, coupon value, coupon and
and maturity maturity.
Lecture 24 Debt funds(interest rate risk) T-1 Explain the concept of The student will Discussion with
risk associated with the understand the interaction
fluctuation in the concept of risk of
interest rates fluctuation of interest

rate.
Week 9 Lecture 25 Debt funds(credit risk) T-1 Explain the concept of The student will Discussion with
credit risk or risk of understand the nature interaction
default
of risk associated
with lending
Lecture 26 Debt funds(pricing of debt T-1 L26:Explain the concept The student will learn Problem solving
instrument) of how to determine the
yield to maturity price of the debt
L27:Pricing of debt instruments
instruments
Lecture 27 Debt funds(pricing of debt T-1 L26:Explain the concept The student will learn Problem solving
instrument) of how to determine the
yield to maturity price of the debt
L27:Pricing of debt instruments
instruments
Week 10 Lecture 28 Debt funds(various debt T-1 RW-7 Explain the variety of The students will Discussion through
mutual fund schemes) debt mutual fund learn about various
schemes along with their schemes like FMP, interaction
benefits capital protection
funds etc.
Lecture 29 Liquid funds(salient features T-1 RW-7 Salient features of liquid The student will learn Discussion with
of liquid funds) funds interaction
concepts like mark to

market, cost plus


interest accrued
method etc.
Lecture 30 Liquid funds(floating rate T-1 Explain the concept of The students will be Discussion with
scheme) floating rate,fluctuation able to learn the interaction
in rate along concept of floating
with inflation rate
Week 11 Lecture 31 Liquid funds(portfolio T-1 Portfolio churning of Ability to do Discussion with
churning of liquid funds) liquid funds effective porfolio example
churning

An instruction plan is only a tentative plan. The teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Week 11 Lecture 32 Taxation(capital gains T-1 Explain the concept of The student will learn Discussion with
taxation) capital; gains taxation the taxation aspects interaction
and the indexation in the mutual fund
benefit industry.
Taxation(concept of T-1 Explain the concept of The student will learn Discussion with
indexation) capital; gains taxation the taxation aspects interaction
and the indexation in the mutual fund
benefit industry.
Lecture 33 Taxation(fixed maturity T-1 RW-7 Explain the concept of The students will Discussion with
plans) dividend and growth learn the difference interaction
options of the fixed between the dividend
maturity plans (FMPs) and growth options.
Week 12 Lecture 34 Test
Lecture 35 Regulations(objectives of T-1 RW-3 Overview of the The students will Discussion with
association of mutual funds R-1 regulation in the mutual understand the role of interaction
of India) fund industry,objectives association of mutual
of association of mutual funds of India
funds of India
Lecture 36 Regulations(advantages of T-1 RW-3 Advantages of mutual The students will Discussion with
mutual funds) R-1 RW-7 funds appreciate the example
advantages of the
mutual funds over
standard investments
Week 13 Lecture 37 Regulations(systematic T-1 Explain the concept of Students will Discussion with
investment plans) systematic investment appreciate the interaction
plans and its concept of investing
benefits over long term through SIP
Lecture 38 Regulations(systematic T-1 OR-1 Explain the concept of Students will Discussion with
transfer plans) systematic Transfer appreciate the interaction
Plans (STP) and and its concept of investing
benefit ove systematic through STP
investment plans (SIP)
Lecture 39 Regulations(systematic T-1 RW-7 Explain the concept of Students will Discussion with
withdrawal plans) systematic withdrawal appreciate the interaction
plans(SWP) and its concept of
benefit taking into withdrawing through
account the capital gains SWP
taxation aspect
Week 14 Lecture 40 Regulations(choosing of T-1 RW-7 Explain the strategy for Students will Discussion with
mutual funds among choosing among various appreciate the interaction
dividend payout) investment options after different choices of
selection of the fund investment in mutual
funds
Regulations(dividend T-1 RW-7 Explain the strategy for Students will Discussion with
reinvestment and growth choosing among various appreciate the interaction
options) investment options after different choices of
selection of the fund investment in mutual
funds
An instruction plan is only a tentative plan. The teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
SPILL OVER
Week 14 Lecture 41 Spill Over
Lecture 42 Spill Over
Week 15 Lecture 43 Spill Over
Lecture 44 Spill Over
Lecture 45 Spill Over

Scheme for CA:

CA Category of this Course Code is:A0203 (2 best out of 3)

Component Weightage (%)


Assignment 50
Project - Live project 50
Test 50

Details of Academic Task(s)

An instruction plan is only a tentative plan. The teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Academic Task Objective Detail of Academic Task Nature of Academic Academic Task Marks Allottment /
Task Mode submission
(group/individuals) Week
Assignment To ensure adequate Option I- NCFM Module OR Option II- Assignment (Student can Group Offline 30 6/9
learning of the register for both options)
students about the Option I: NCFM MODULE:
various types of In case student wants to opt for NCFM module, Module Name:
mutual funds MUTUAL FUNDS (BEGINERS) MODULE. Student will be
schemes available allotted marks in assignment on the basis of marks scored in NCFM
for investment module if he gets less than 60% in the module. Student will be
awarded with 21 marks if he scores between 60-70%, 24 Marks for
71-80%, 27 Marks for 81-90%, and 30 marks for getting 90% and
above.
Option II- Assignment:
A group assignment will be allocated to the students in which
students will make a report on a particular mutual fund category.1.
One group will be allotted Diversified Equity,2. Another group will
be allotted balanced funds, 3. Another group will be allotted debt
mutual funds.4. Another group will be allotted ELSS funds.
(ULIP,Hybrid schemes,ETF etc) Students have to do analysis of the
nature of product, its features,comparison of performance of
various mutual funds in a particular category offered by different
fund houses across the world,quality of the portfolio and will give
recommendation for the investors.
Evaluation parameters will be as follows:
1. 10 marks for the quality of information collected.
2. 15 marks for the analysis and interpretation of that category of
mutual funds along with their NAV.
3. 5 marks for the viva of the report.
Project - Live To give practical A group of 4-5 students need to meet 20-25 potential mutual fund Group Offline 30 2 / 13
project exposure to the investors.The students should identify investor personality and
students regarding build an optimal investment portfolio that best suits his/her risk
the financial tolerance level and return. The students wil frame a format and
planning of the collect the complete data pertaining to the customer (involving
investors. demographic, choices & preferences for investments), data on
investors’ knowledge of the costs and investment risks of mutual
funds and the information sources these investors use to learn about
these costs and risks.After this phase, students will determine risk
taking ability, financial goals, identifying alternative courses of
action,fund ownership characteristics,evaluating different
investment alternatives for the investor etc. Finally,they have to
suggest an optimal investment portfolio that best suits his/her risk
tolerance level and return. At the end, the students should submit a
detailed report of it.
Evaluation parameters will be as follows:
1. 20 marks for the quality of information collected. 2. 10 marks for
the analysis and suggestions. Total marks:30

An instruction plan is only a tentative plan. The teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.
Test To judge the The test will be taken from the topics like Debt funds,Liquid Individual Offline 30 11 / 12
conceptual clarity funds,Taxation etc.The maximum marks for test is 30 and duration
of the students on should be 45 minutes
the topics covered
till date

An instruction plan is only a tentative plan. The teacher may make some changes in his/her teaching plan. The students are advised to use syllabus for preparation of all examinations. The students are expected to keep themselves
updated on the contemporary issues related to the course. Upto 20% of the questions in any examination/Academic tasks can be asked from such issues even if not explicitly mentioned in the instruction plan.