B.Com. (Financial Markets) Mutual Fund Management Syllabus - Mumbai University
This is the TY BFM syllabus under NEP 2020, in force from the academic year 2026-27. The University still sets the earlier Choice Based papers alongside it for ATKT candidates, so check which scheme your exam form names before you revise.
Loading syllabus...
Syllabus for Mutual Fund Management
Module I: … Mutual Fund Organization and Management
- Introduction: Meaning of Mutual Fund, Structure in India, Sponsors, Trust, Role of AMC, NFOs , Registrars, Agents, Types of Mutual Fund schemes
- Objectives of AMFI, Advantage of Mutual Funds, Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), Systematic Withdrawal Plan ( SWP)
- Offer Document : NFO, SID, SAI, KIM and Fact Sheets
Module II: Mutual Fund Products
- Mutual Fund Products and Features: Equity funds: Definition, Features of Equity Funds, Index Fund, Large Cap Funds, Mid Cap Funds, Sectoral Funds, Types of Equity Schemes, Arbitrage funds, Multi-cap Funds, Quant funds, P / E Ratio funds, International Equities Fund, Growth Schemes.
- Gold Exchange Trade Funds (ETFs): Introduction, Features, Working of ETFs, Market Making with ETFs, Creation Units, Portfolio Deposit and Cash Component
- Debt Fund: Features, Interest Rate Risk, Credit Risk, Pricing of Debt Instrument Schemes, Fixed Maturity Plans, Capital Protection Funds, Gilt Funds, Balanced Funds, MIPs ,Child Benefit Plans.
- Liquid funds: Features, Floating rate scheme, Portfolio of liquids funds.
Module III: Investment and Performance Measurement
- Fund Performance, Measuring Return, Measuring Risk,
- Risk adjusted return, Comparing Fund Performance with a reference, various standardized performance systems
- Limitations of Performance measurement and evaluation
Module IV: Accounting and Taxation of Mutual Funds
- Accounting: Net Asset Value (NAV)-Meaning- computation- Factors affecting NAV-Pricing of Units- Fees and Expenses- Investment Management and Advisory Fees –Initial Expenses- Recurring Expenses- Total expenses Accounting policies.
- Valuation-: Valuation of thinly traded securities- Valuation of Non trade securities- Valuation and disclosure of illiquid securities.
- Taxation: Dividends- Capital Gains- Tax Rebate- Restrictions on Dividends Stripping.
Reference Books
- 4 Indian Mutual Funds Handbook : Sundar Sankaran: Vision Books
- 5 Morningstar Guide to Mutual Funds: 5-Star Strategies for Success : Christine Benz.: Wiley
- 6 Working of Mutual Fund Organisations in India: P Mohana Rao: Kanishka Publications
- 7 Mutual Funds in India: Amitabh Gupta: Anmol Publications
- 8 Bogle on Mutual Funds: New Perspectives for The Intelligent Investor: Jogn C Bogle: Wiley
- 9 Mutual Funds for Dummies Positioning Investment Portfolio for Growth By Eric Tyson
Reproduced from the University of Mumbai syllabus for B.Com. (Financial Markets) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.