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Fmcg & Large Cap – Fund Analysis for Long Term

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Fmcg & Large Cap – Fund Analysis for Long Term Industry Internship and Report on “FMCG & LARGE CAP – FUND ANALYSIS FOR LONG TERM BENEFITS” BY Sumant Kumar 1NZ16MBA64 Submitted to DEPARTMENT OF MANAGEMENT STUDIES NEW HORIZON COLLEGE OF ENGINEERING, OUTER RING ROAD, MARATHALLI, BANGALORE In partial fulfillment of the requirements for the award of the degree of MASTER OF BUSINESS ADMINISTRATION Under the guidance of INTERNAL GUIDE EXTERNAL GUIDE Niviya Feston Nandakishore Appanaboyina Sr. Asst. Professor Dir. -Operations & Talent Acquisition 2016-2018 CERTIFICATE This is to certify that Sumant Kumar bearing USN 1NZ16MBA64, is a bonfide student of Master of Business Administration course of the Institute Batch 2016-2018, autonomous program, affiliated to Visvesvaraya Technological University, Belgaum. Internship report on “FMCG & LARGE CAP – FUND ANALYSIS FOR LONG TERM BENIFITS” is prepared by him under the guidance of Niviya Feston (Sr. Asst. Professor), in partial fulfillment of requirements for the award of the degree of Master of Business Administration of Visvesvaraya Technological University, Belgaum Karnataka. Signature of Internal Guide Signature of HOD Signature of Principal DECLARATION I, Sumant Kumar, hereby declare that the Internship report entitled “FMCG & LARGE CAP – FUND ANALYSIS FOR LONG TERM BENIFITS” with reference to “Dvija Digital Pvt. Ltd., Whitefield” prepared by me under the guidance of Niviya Feston (Sr. Asst. Professor), faculty of M.B.A Department, New Horizon College of Engineering and external assistance by Dr. Nandakishore Appanaboyina (Director-Operations and Talent Acquisition), Dvija Digital Pvt. Ltd. I also declare that this Internship work is towards the partial fulfillment of the university regulations for the award of the degree of Master of Business Administration by Visvesvaraya Technological University, Belgaum. I have undergone an industry internship for a period of Twelve weeks. I further declare that this report is based on the original study undertaken by me and has not been submitted for the award of a degree/diploma from any other University / Institution. Signature of Student Place: Date ACKNOWLEDGEMENT I Sumant Kumar take this opportunity to express my deep sense of gratitude and whole hearted thanks along with my profound respect to all those who guided and inspired me in the completion of project. First of all I would like to extend my gratitude to our Principal, Dr. Manjunatha for giving me the opportunity to prepare this project work. I am thankful to the head of department, Dr. Sheelan Mishra for being the guiding light of this project. I am greatly indebted to my internal guide, Ms. Niviya Feston for extending her support and valuable guidance, without which this project would have not possible. Lastly, I appreciate the patience and support of my parents, teachers and friends for always maintaining their faith in me, and have enriched my life with their knowledge and guidance. Above all, I would like to thank the amity for making this project a reality. SUMANT KUMAR 1NZ16MBA64 TABLE OF CONTENTS Chapter Title Page Nos. Executive Summary 1 Theoretical Background of the study 1-7 2 Industry and Company Profile 8-41 3 Methodology 42-48 4 Data Analysis and interpretation 49-58 5 Summary of Findings, Suggestion and Conclusion 59-62 6 Learning Experience 63 Bibliography Annexure FORMAT OF LIST OF CHARTS AND TABLES List of Charts Fact Sheet Particulars Page Nos. No. Fact Sheet showing SBI FMCG Fund - Fact Sheet-4.1 50 Direct Plan Growth Analysis Fact Sheet showing ICICI Prudential Fact Sheet-4.2 51 FMCG Fund Direct Plan-G Analysis Fact Sheet showing Reliance Large Cap Fact Sheet-4.3 52 Fund - Direct Fact Sheet showing ICICI Prudential Fact Sheet-4.4 53 Balanced Fund Direct Plan Growth List of Tables Table No. Particulars Page Nos. Table showing SBI FMCG Fund - Direct Table-4.1 55 Plan Growth Analysis Table showing ICICI Prudential FMCG Table-4.2 56 Fund Direct Plan-G Analysis Table showing Reliance Large Cap Fund - Table-4.3 57 Direct Table showing ICICI Prudential Balanced Table-4.4 58 Fund Direct Plan Growth EXECUTIVE SUMMARY A mutual fund is a collective investment scheme, which specializes in investing a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. It is indirect mode of investing. There are three types of mutual funds by structure, by investment objective and other fund. This paper is focused FMCG and Large Cap fund. A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. It throws the light on how FMCG and Large Cap Mutual funds really work, how much risk involved in it and how they diversify themselves. Investing involves risk of loss of principal and is more concerned on the return of investment. The main objective of the study is to analysis of FMCG and Large Cap Fund for long term and give investors a basic idea of investing into the FMCG and Large Cap Mutual Funds and encourage them to invest in those areas where they can maximize the return on their capital. The research provided an interesting insight into awareness about the mutual funds, differences in risk taking ability of individuals, investment options preferred etc. There are 7 parameters taken for calculating risk and return Standard Deviation, Beta, R-squared, Jensen’s Alpha, Portfolio Turnover Ratio, Sharpe’s Index and Treynor’s Ratio. In this study the data collected are secondary that is through the factsheets of top funds as on February 2018. The report is based on the data provided in the factsheets of SBI FMCG Mutual fund &ICICI Prudential FMCG Mutual Fund and Reliance Large Cap fund & ICICI Prudential Balanced Fund. BIBLIOGRAPHY REFERENCE Prasanna Chandra, Investment Analysis and Portfolio Management. Fund fact Sheet of a company www.moneycontrol.com www.nseindia.com www.google.com www.investopedia.com www.rathi.com Association of Mutual Funds in India https://www.pwc.in/assets/pdfs/publications/2017/mutual-funds-2-0-expanding- into-new-horizons.pdf www.learn.tradimo.com www.morningstar.com RELakhs.com ANNEXURE SBI FMCG Fund - Direct Plan ICICI Prudential FMCG Direct-G Reliance Large Cap Fund Report as of 6 May 2018 Reliance Large Cap Fund - Direct Plan - Growth Plan Morningstar® Category Morningstar® Benchmark Fund Benchmark Morningstar Rating™ Large-Cap S&P BSE 100 India TR INR S&P BSE 100 India TR INR QQQQQ Used throughout report Investment Objective Performance The primary investment objective of the scheme is to 27,000 seek to generate long term capital appreciation by 22,750 investing predominantly into equity and equity related 18,500 instruments of large cap companies. The secondary 14,250 objective is to generate consistent returns by investing 10,000 in debt, money market securities, REITs and InvITs. 5,750 However, there can be no assurance that the investment 2013 2014 2015 2016 2017 2018-04 objective of the Scheme will be realized. - 55.70 1.85 3.43 39.91 -1.26 Fund 7.56 34.21 -1.95 5.02 33.27 1.49 Benchmark 4.26 40.45 -0.86 4.42 31.60 0.54 Category Risk Measures Trailing Returns % Fund Bmark Cat Quarterly Returns % Q1 Q2 Q3 Q4 3Y Alpha 0.76 3Y Sharpe Ratio 0.65 3 Months -2.78 -0.73 -1.21 2018 -6.67 - - - 3Y Beta 1.04 3Y Std Dev 14.78 6 Months -0.38 1.27 0.64 2017 15.20 6.33 2.40 11.54 3Y R-Squared 93.63 3Y Risk abv avg 1 Year 14.24 14.46 12.54 2016 -5.47 6.58 8.54 -5.41 3Y Info Ratio 0.28 5Y Risk abv avg 3 Years Annualised 11.66 10.64 9.65 2015 5.12 -2.02 -3.21 2.17 3Y Tracking Error 3.78 10Y Risk - 5 Years Annualised 19.11 14.66 14.67 2014 8.38 22.39 6.36 10.36 Calculations use S&P BSE 100 India TR INR (where applicable) Portfolio 31/03/2018 Equity Style Box™ America Europe Asia Asset Allocation % Net Mkt Cap % Fund Large Size Stocks 98.50 Giant 44.94 Bonds 0.00 Large 40.55 Cash 1.26 Medium 13.27 Small Other 0.24 Small 1.24 Value Blend Growth Micro 0.00 Style Average Mkt Cap Fund (Mil) >75 <25 25-50 50-75 Ave Mkt Cap INR 809,870. 06 Top Holdings Stock Sector Weightings % Fund World Regions % Fund Holding Name Sector % hCyclical 50.27 Americas 0.00 HDFC Bank Ltd y 6.44 rBasic Materials 7.73 United States 0.00 State Bank of India y 6.23 tConsumer Cyclical 11.60 Canada 0.00 Larsen & Toubro Ltd p 4.46 yFinancial Services 30.93 Latin America 0.00 ITC Ltd s 4.17 u Real Estate - Greater Europe 0.00 Infosys Ltd a 3.69 jSensitive 30.40 United Kingdom 0.00 ICICI Bank Ltd y 3.63 iCommunication Services 2.04 Eurozone 0.00 Bajaj Finance Ltd y 3.01 o Energy 6.85 Europe - ex Euro 0.00 Tata Steel Ltd r 2.97 p Industrials 14.02 Europe - Emerging 0.00 Divi's Laboratories Ltd d 2.96 aTechnology 7.49 Africa 0.00 ACC Ltd r 2.56 Middle East 0.00 kDefensive 19.34 Assets in Top 10 Holdings % 40.11 s Greater Asia 100.00 Consumer Defensive 7.48 Total Number of Equity Holdings 54 dHealthcare 8.56 Japan 0.00 Total Number of Bond Holdings 0 f Utilities 3.29 Australasia 0.00 Asia - Developed 0.00 Asia - Emerging 100.00 Operations Share Class Size (mil) - Minimum Initial Purchase 5,000 INR Fund Company Reliance Nippon Life Asset Management Ltd Domicile India Minimum Additional Purchase 1,000 INR Phone +91 22 Currency INR Exit Load 1.00% - 0-1 years 30994600/30301111 UCITS - 0.00% - >1 years Website www.reliancemutual.com Inc/Acc Acc Expense Ratio 1.13% ISIN INF204K01XI3 Inception Date 01/01/2013 Manager Name Sailesh Raj Bhan Manager Start Date 08/08/2007 NAV (04/05/2018) INR 33.83 Total Net Assets (mil) 88,251.43 INR (31/03/2018) © 2018 Morningstar.
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