Comparative Study Between the Mutual Fund of Hdfc and Icici

Topics: Mutual fund, Investment, Hedge fund Pages: 14 (2429 words) Published: September 7, 2011



Many individuals own mutual funds today. To a large extent, mutual funds are the investment vehicle for the majority of households in the India.

In the introductory chapter, I have consider the role of mutual fund in today’s investing environment, learn just how popular mutual funds have become and consider why investors have chosen to put so much money into funds. Clearly, mutual funds are a major financial asset for numerous investors, and in many ways they play the dominant role in today’s investing world for millions of households.

I have mainly focused up on the study that which company’s mutual investments are mostly preferable by investors. Today investors are becoming rational & they see all the parameters before investing. The overall objective of my study on this project is to know which company provides better investment opportunities (from HDFC & ICICI) and make the investors to be able to take better decisions .Of course, as every study needs, I’d adopted an objective view of overall situation that examines both sides of the issue in HDFC & ICICI.


What is mean by mutual fund?

Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek to preserve an investor's money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. Many funds these days are no load and impose no sales charge. Mutual funds are investment companies regulated by the Investment Company Act of 1940.

HDFC Asset Management Company Ltd (AMC)

HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on December 10, 1999, and was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI vide its letter dated July 3, 2000.

The registered office of the AMC is situated at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai - 400 020.

In terms of the Investment Management Agreement, the Trustee has appointed the HDFC Asset Management Company Limited to manage the Mutual Fund. The paid up capital of the AMC is Rs. 25.169 crore.

Products and Schemes of HDFC mutual fund

➢ Equity funds.
➢ Exchange trade funds.
➢ Debt funds.
➢ Liquid funds.
➢ Children’s gift fund

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