Download or read book NISM X Taxmann s Portfolio Management Services PMS Distributors Covering investment fundamentals securities markets this book offers an in depth look at portfolio management written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2024-02-07 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book NISM s Portfolio Managers Comprehensive guide to investment basics portfolio management processes and the legal and ethical considerations for portfolio managers across various securities markets written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2023-08-02 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Portfolio Management Services (PMS) Distributors seek to create a common minimum knowledge benchmark for principal officers and other employees of the PMS Firms. The Present Publication is the May 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination XXI-B [Portfolio Managers], with the following noteworthy features: • [Know the Basics] of investments, securities markets, investing stocks, understanding fixed income securities, derivatives and mutual funds • [Understand] the following: o Indices, the concept of information efficiency, behavioural finance, modern portfolio theory, equity & fixed income portfolio management strategies o 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 • Introduction to Securities Markets • Investing in Stocks • Investing in Fixed Income Securities • Derivatives • Mutual Fund • Role of Portfolio Managers • Operational Aspects of Portfolio Managers • Portfolio Management Process • Taxation • Regulatory, Governance and Ethical Aspects of Portfolio Managers • Introduction to Indices • Concept of Informational Efficiency • Behavioural Finance • Introduction to Modern Portfolio Theory • Introduction to Capital Market Theory • Risk • Equity Portfolio Management Strategies • Fixed Income Portfolio Management Strategies • Performance Measurement and Evaluation of Portfolio Managers • Portfolio Rebalancing

Download or read book 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 written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2023-12-21 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book 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 written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2023-12-12 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book 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 written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2024-02-07 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book NISM X Taxmann s Securities Operations and Risk Management Covering all important aspects related to the stock broker operations starting from the client onboarding to the trade life cycle written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2024-03-04 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive book offers an in-depth analysis of the operational facets of stock brokerage, catering to individuals keen on mastering broker operations and risk management within the securities markets. It is structured to enhance understanding through a detailed examination of various critical areas, such as: • Client Onboarding • Trade Life Cycle • Compliance Requirements Related to Report Submission • Redressal of Investor Grievances Upon completing this book, readers will gain a foundational understanding of the Indian securities market, including its products, participants, and the roles they play. The book aims to establish a minimum knowledge benchmark for associated persons of registered stock brokers, trading members, and clearing members, focusing on managing assets or funds, investor grievance redressal, internal control, risk management, and operational risk aspects. The Present Publication is the January 2024 workbook version, published exclusively by Taxmann for NISM Certification Examination VII [Securities Operations and Risk Management], with the following noteworthy features: • [Know] the following in detail: o Basics of the Indian Securities Market – Explores the basics of securities, the money market, products traded in the Indian securities market, and the concept of International Financial Services Centres (IFSC) o Market Participants – Details the roles of investors, issuers, the market structure, participants, and regulators in the securities market o Securities Trade Life Cycle – Offers insights into front office, middle office, and back office operations, outlining their functions and significance • [Understanding] of the following: o Clearing Process – Explains the role of clearing corporations, clearing banks, clearing members, custodians, depositories, and the clearing process itself o Settlement Process – Covers the determination of settlement obligations, settlement of funds and securities, auction of securities, and corporate actions adjustment o Risk Management – Discusses risk management strategies, compliance, regulatory reporting, and the Core Settlement Guarantee Fund o Investor Grievances and Arbitration – Focuses on investor grievance mechanisms, online dispute resolution, and investor protection funds o Other Services Provided by Brokers – Explores IPO applications, trading of mutual fund units, portfolio management service, research reports, depository services, margin trading, and internet-based trading technologies The contents of the book are as follows: • Introduction to the Securities Market o Overview of the securities market o Insights into the money market o Exploration of products traded in the Indian securities market o Discussion on International Financial Services Centres (IFSC) • Market Participants in the Securities Market o Detailed introduction to different market participants o Roles and perspectives of investors and issuers o Overview of market structure and key participants o An in-depth look at regulators in the securities market • Introduction to the Securities Broking Operations o Detailed stages of the securities trade life cycle o Examination of front office, middle office, and back office operations • Risk Management o A comprehensive exploration of risk management strategies and practices o Discussion on compliances and regulatory reporting o Insight into the Core Settlement Guarantee Fund • Clearing Process o Introduction to the clearing process o Roles and functions of the Clearing Corporation, clearing banks, clearing members, custodians, depositories, and depository participants o Detailed explanation of the clearing process • Settlement Process o Overview of the Settlement process in securities trading o Determination and settlement of obligations, both in funds and securities o Procedures for auction and corporate actions adjustment • Investor Grievances and Arbitration o Introduction to investor grievances and arbitration mechanisms o Online resolution of disputes in the Indian securities market o Overview of the Investor Protection Fund • Other Services Provided by Brokers o Range of services offered by brokers, including IPO applications, trading of mutual fund units, and portfolio management services o Discussion on research reports, depository services, margin trading, and internet-based trading technologies

Download or read book 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 written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2024-01-17 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book NISM X Taxmann s Securities Markets Foundation Covering all important topics to impart the basic knowledge of the Indian Securities Markets suitable for entry level professionals written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2024-01-17 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive guide to the Indian securities markets, designed to provide basic knowledge and understanding of the subject. It covers key topics such as: • Basics of Indian Securities Markets • Processes involved in Primary & Secondary markets • Schemes and products in Mutual Funds and Derivatives Markets in India • Financial Planning Process The book is particularly tailored for entry-level professionals aiming for a career in securities markets and individuals from various backgrounds, such as employees in securities, other professionals, students, homemakers, and teachers, who are keen on acquiring a basic understanding of the Indian Securities markets. The Present Publication is the November 2023 workbook version, published exclusively by Taxmann for NISM Certification Examination XII | Securities Markets Foundation, with the following noteworthy features: • [Know] the following: o Basics of the Indian Securities Market o Various Processes Involved in Primary and Secondary Markets • [Understand] the Schemes and Products in Mutual Funds and Derivatives Markets The detailed contents of the book are as follows: • Understanding Securities Markets and Performance o This chapter introduces the concept of securities markets, detailing their structure and the various participants involved o It explores the role of securities markets in the financial ecosystem o A special focus is given to the technological advancements that have impacted the securities market • Securities: Types, Features and Concepts of Asset Allocation and Investing o An extensive overview of the different types of securities available in the market o It discusses the choices between equity and debt financing for issuers and the characteristics and roles of each o The chapter delves into hybrid instruments, commodities as an asset class, and derivatives o It also covers asset allocation, diversification, and the investment process in both equity and debt securities • Primary Markets o This chapter defines primary markets and their functions, comparing them with secondary markets o It outlines the various intermediaries, types of issues, issuers, and investors in the primary market o Regulatory frameworks, public issue processes for equities and debt securities, and private placements are also discussed • Secondary Markets o Focuses on the role and function of secondary markets and the different types available for various securities o Details the market structure, participants, brokers, trade execution, clearing, and settlement of trades o It also touches upon market information and regulation, risk management systems, and trading and reporting for debt securities • Mutual Funds o Provides a detailed explanation of mutual funds, their types, and related terms and concepts o Differentiates between open-ended and closed-ended mutual fund schemes o Discusses investment approaches, processes for investing in mutual funds, and systematic transactions o It also includes information on the benefits, costs, regulations, and investor service standards in mutual funds • Derivatives Markets o Covers the basics of derivatives, underlying concepts, and the various types of derivative products o Explores the structure of derivative markets, trading and settlement processes, and risk management o Concludes with the application of derivatives in risk management and market indicators

Download or read book NISM X Taxmann s Taxation in Securities Markets Guide for Income tax GST implications of 30 securities market transactions relevant to traders investors and various market intermediaries written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2023-08-01 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides complete information about the Income-tax & GST implications of the securities market transactions covering 30+ securities. This book is divided into three sections, covering provisions applicable to traders, & investors: • Introduction to Securities Markets and Securities • Provisions in Respect of Investors • Provisions in Respect of Traders This book will also benefit all those who want to learn about the taxation concepts and aspects relating to the products and intermediaries of the Securities Markets. The Present Publication is the August 2023 workbook version, authored & published exclusively by Taxmann for NISM Certification Examination XX [Taxation in Securities Markets], with the following noteworthy features: • [Know the Basics] of the Indian Securities Market-Structure, Participants, Products and Features • [Know the Basic Concepts] in Taxation, Capital Gains, Sources of Income, etc. • [Understand the Taxation of Products] available in the market viz., Equity, Debt, ESOPs, Exchange Traded Funds, Alternate Investment Funds, Real Estate Investment Trusts, Infrastructure Investment Trust and Derivative products • Taxation in the hands of the Intermediaries, Foreign Portfolio Investors, IFSC Units etc. The contents of the book are as follows: • Introduction to Securities Markets and Securities o Concepts in Taxation o Capital Gains o Income from other Sources • Provisions in Respect of Investors o Taxation of Debt Products o Taxation of Equity Products o Taxation of other Products • Provisions in Respect of Traders o Business Income o Taxation in the hands of the Intermediaries o Taxation – In the hands of the Foreign Portfolio Investor (FPIs) o Tax Implications of IFSC o Tax Provisions for Special Cases o Indirect Taxes in Securities Markets • Annexures o Maintenance of Accounts o Due Date for Filing of Income-tax Return o Penalty for Non-Compliance o Summarized Tax Table – Product-wise o Tax Rates for Assessment Year 2024-25 o Deductions under Income-tax Act o Exemptions under Income-tax Act o Tax on Transfer of Securities o Cost Inflation Index

Download or read book 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 written by NISM (An Educational Initiative of SEBI) and published by Taxmann Publications Private Limited. This book was released on 2024-03-28 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Portfolio Management written by Scott D. Stewart and published by John Wiley & Sons. This book was released on 2019-03-19 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: A career’s worth of portfolio management knowledge in one thorough, efficient guide Portfolio Management is an authoritative guide for those who wish to manage money professionally. This invaluable resource presents effective portfolio management practices supported by their underlying theory, providing the tools and instruction required to meet investor objectives and deliver superior performance. Highlighting a practitioner’s view of portfolio management, this guide offers real-world perspective on investment processes, portfolio decision making, and the business of managing money for real clients. Real world examples and detailed test cases—supported by sophisticated Excel templates and true client situations—illustrate real investment scenarios and provide insight into the factors separating success from failure. The book is an ideal textbook for courses in advanced investments, portfolio management or applied capital markets finance. It is also a useful tool for practitioners who seek hands-on learning of advanced portfolio techniques. Managing other people’s money is a challenging and ever-evolving business. Investment professionals must keep pace with the current market environment to effectively manage their client’s assets while students require a foundation built on the most relevant, up-to-date information and techniques. This invaluable resource allows readers to: Learn and apply advanced multi-period portfolio methods to all major asset classes. Design, test, and implement investment processes. Win and keep client mandates. Grasp the theoretical foundations of major investment tools Teaching and learning aids include: Easy-to-use Excel templates with immediately accessible tools. Accessible PowerPoint slides, sample exam and quiz questions and sample syllabi Video lectures Proliferation of mathematics in economics, growing sophistication of investors, and rising competition in the industry requires advanced training of investment professionals. Portfolio Management provides expert guidance to this increasingly complex field, covering the important advancements in theory and intricacies of practice.

Download or read book Portfolio Management in Practice Volume 1 written by CFA Institute and published by John Wiley & Sons. This book was released on 2020-11-11 with total page 1328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Portfolio Management in Practice, Volume 1: Investment Management delivers a comprehensive overview of investment management for students and industry professionals. As the first volume in the CFA Institute’s new Portfolio Management in Practice series, Investment Management offers professionals looking to enhance their skillsets and students building foundational knowledge an essential understanding of key investment management concepts. Designed to be an accessible resource for a wide range of learners, this volume explores the full portfolio management process. Inside, readers will find detailed coverage of: Forming capital market expectations Principles of the asset allocation process Determining investment strategies within each asset class Integrating considerations specific to high net worth individuals or institutions into chosen strategies And more To apply the concepts outlined in the Investment Management volume, explore the accompanying Portfolio Management in Practice, Volume 1: Investment Management Workbook. The perfect companion resource, this workbook aligns chapter-by-chapter with Investment Management for easy referencing so readers can draw connections between theoretical content and challenging practice problems. Featuring contributions from the CFA Institute’s subject matter experts, Portfolio Management in Practice, Volume 1: Investment Management distills the knowledge forward-thinking professionals will need to succeed in today’s fast-paced financial world.

Download or read book Managing Investment Portfolios written by John L. Maginn and published by John Wiley & Sons. This book was released on 2007-04-18 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Third Edition of Managing Investment Portfolios, financial experts John Maginn, Donald Tuttle, Jerald Pinto, and Dennis McLeavey provide complete coverage of the most important issues surrounding modern portfolio management. Now, in Managing Investment Portfolios Workbook, Third Edition, they offer you a wealth of practical information and exercises that will solidify your understanding of the tools and techniques associated with this discipline. This comprehensive study guide--which parallels the main book chapter by chapter--contains challenging problems and a complete set of solutions as well as concise learning outcome statements and summary overviews. Topics reviewed include: The portfolio management process and the investment policy statement Managing individual and institutional investor portfolios Capital market expectations, fixed income, equity, and alternative investment portfolio management Monitoring and rebalancing a portfolio Global investment performance standards

Download or read book Portfolio Management in Practice Volume 1 written by CFA Institute and published by John Wiley & Sons. This book was released on 2020-11-10 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The companion workbook to the Investment Management volume in the CFA Institute’s Portfolio Management in Practice series provides students and professionals with essential practice regarding key concepts in the portfolio management process. Filled with stimulating exercises, this text is designed to help learners explore the multifaceted topic of investment management in a meaningful and productive way. The Investment Management Workbook is structured to further readers’ hands-on experience with a variety of learning outcomes, summary overview sections, challenging practice questions, and solutions. Featuring the latest tools and information to help users become confident and knowledgeable investors, this workbook includes sections on professionalism in the industry, fintech, hedge fund strategies, and more. With the workbook, readers will learn to: Form capital market expectations Understand the principles of the asset allocation process Determine comprehensive investment strategies within each asset class Integrate considerations specific to high net worth individuals or institutions into the selection of strategies Execute and evaluate chosen strategies and investment managers Well suited for individuals who learn on their own, this companion resource delivers an example-driven method for practicing the tools and techniques covered in the primary Investment Management volume, incorporating world-class exercises based on actual scenarios faced by finance professionals every day.

Download or read book Active Portfolio Management A Quantitative Approach for Producing Superior Returns and Selecting Superior Returns and Controlling Risk written by Richard C. Grinold and published by McGraw Hill Professional. This book was released on 1999-11-16 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This new edition of Active Portfolio Management continues the standard of excellence established in the first edition, with new and clear insights to help investment professionals." -William E. Jacques, Partner and Chief Investment Officer, Martingale Asset Management. "Active Portfolio Management offers investors an opportunity to better understand the balance between manager skill and portfolio risk. Both fundamental and quantitative investment managers will benefit from studying this updated edition by Grinold and Kahn." -Scott Stewart, Portfolio Manager, Fidelity Select Equity ® Discipline Co-Manager, Fidelity Freedom ® Funds. "This Second edition will not remain on the shelf, but will be continually referenced by both novice and expert. There is a substantial expansion in both depth and breadth on the original. It clearly and concisely explains all aspects of the foundations and the latest thinking in active portfolio management." -Eric N. Remole, Managing Director, Head of Global Structured Equity, Credit Suisse Asset Management. Mathematically rigorous and meticulously organized, Active Portfolio Management broke new ground when it first became available to investment managers in 1994. By outlining an innovative process to uncover raw signals of asset returns, develop them into refined forecasts, then use those forecasts to construct portfolios of exceptional return and minimal risk, i.e., portfolios that consistently beat the market, this hallmark book helped thousands of investment managers. Active Portfolio Management, Second Edition, now sets the bar even higher. Like its predecessor, this volume details how to apply economics, econometrics, and operations research to solving practical investment problems, and uncovering superior profit opportunities. It outlines an active management framework that begins with a benchmark portfolio, then defines exceptional returns as they relate to that benchmark. Beyond the comprehensive treatment of the active management process covered previously, this new edition expands to cover asset allocation, long/short investing, information horizons, and other topics relevant today. It revisits a number of discussions from the first edition, shedding new light on some of today's most pressing issues, including risk, dispersion, market impact, and performance analysis, while providing empirical evidence where appropriate. The result is an updated, comprehensive set of strategic concepts and rules of thumb for guiding the process of-and increasing the profits from-active investment management.

Download or read book Fundamentals of Investment Management written by Geoffrey A. Hirt and published by Irwin Professional Publishing. This book was released on 1986 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investment Management Security Analysis and Portfolio Management 19th Ed written by V.K.Bhalla and published by S. Chand Publishing. This book was released on 2008-06 with total page 1439 pages. Available in PDF, EPUB and Kindle. Book excerpt: SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT. This 5th Edition , is thoroughly revised and updated. It describes techniques, vehicles, and strategies of the funds of an individual investor(s).For the students of Management, Commerce, Professional Course of CA, CS, ICWA, Professional of Financial Institutions and Policy Makers.