ICFAI University - Portfolio Management – II

 Portfolio Management II 

Fixed Income Portfolio Management: Fixed Income Portfolio Management Strategies – Use of Derivatives in Fixed Income Portfolio Management – International Fixed Income Portfolio Management.

Managing a Property Portfolio: The Role of Property Portfolio in a Diversified Portfolio – The Property Investment Decisions – Microeconomic Influences on Property Returns – Macroeconomic Influences on Property Returns.

Portfolio Management Using Futures: Features of Index Futures Contracts  – Pricing of Index Futures Contracts – Stock Index Arbitrage – Portfolio Strategies Using Index Futures – Modifying Expectations with Futures and Options  – Portfolio Insurance – Perils of Using Futures to Hedge Portfolio Risk – Trading of Index Futures in India – Hedging with Interest Rate Futures.

Portfolio Management Using Options: Generic Terms Used in Options – Factors Influencing Option Prices – Elementary Investment Strategies – Trading Strategies of Options – Arbitrage with Options – Option Pricing Models – Evaluation of Option Based Investment Strategies.

Alternative Investments: Selection/Advantages of Alternative Investments – Private Equity Investing  – Evolution of Venture Capital Industry in India – Managed Futures – Hedge Funds – Role of Alternative Assets in a Traditional Portfolio.

International Diversification: Diversification Benefits of International Investments – Hedging Foreign Exchange Risk – International Fixed Income – Managing a Portfolio of International Assets.

Management of Investment Institutions: Behavioral Style Analysis – Return Based Style Analysis – Comparison of Investment Style – Strategies for Allocating Funds among Different Styles – Risks, Controls and Prudential Issues – Application of Style Analysis to Different Asset Classes.

Evolution of Mutual Funds: Introduction to Mutual Funds, History of Mutual Funds, Mutual Funds Industry in India, Mutual Funds Industry: Abroad, Advantages and disadvantages of mutual funds Factors Conductive to Growth of Mutual Funds Industry

Mutual Funds in India: The Different Types of Mutual Funds, Difference between the mutual funds and hedge funds, Fund of funds, Exchange traded fund, The Players in the Mutual Funds Industry, The Structure of Mutual Funds, Organization and Management Pattern of UTI,,Legal tax structure in US and UK ,Tax Treatment and Benefits, The Role of Mutual Funds in the Financial Market

Regulation of Mutual Funds: UTI Act, 1963, The Indian Trust Act, 1882, Companies Act, 1956 (for a Trust Company), SEBI (Mutual Funds) Regulation Act, 1996, establishment of mutual funds ,Launching of a Scheme, Winding up,  Investments, Valuation of Investments, financial reporting

Mutual Funds Prospectus and Balance Sheet: How to Read a Prospectus of a Mutual Fund?, How to Read and Analyze a Balance Sheet of a Mutual Fund?

Investment Strategies of Mutual Funds Investors: How to Evaluate a Mutual Fund, How to Select Different Mutual Funds Schemes, Understanding the Nature of Risks Involved in Mutual Funds Investment , Steps to Choose the Right Mutual Funds Scheme

Marketing and Investment Aspects of Mutual Funds: Marketing Aspects of Mutual Funds- Marketing plan, Product planning, Branding , pricing ,distribution , Promotion ,servicing ,market analysis and research , Marketing strategy , Operation ,Investment Aspects of Mutual Funds

Performance of Mutual Funds: Performance of Mutual Funds in the USA, Performance Analysis of Indian Mutual Fund Industry

Ethics in Mutual Funds: The Role of the AMFI, Ethical Aspects Considered in the Mutual Fund Industry

Future Scenario of Mutual Funds Industry: Trends in the Mutual Fund Industry in the US Indian Scenario and the Future Perspective, Overemphasis on Funds under Management.