Module – I : 2 Credits

Unit1: Introduction to Mutual Fund
A) History & Origin, Definition, Meaning, Characteristics, Advantages, Disadvantages, Limitations of Mutual Funds, Ethics in Mutual Fund. Entities involved – Sponsor, Trust, Trustee, Asset Management Company, Registrar and Transfer Agent ( RTA) and Fund Houses in India.
B) Legal Framework – Role of regulatory agencies for Mutual funds –SEBI, RBI, AMFI, Ministry of Finance, SRO, Company Law Board, Department of Company’s affairs, Registrar of Companies, MF guidelines on advertisement , Accounting , Taxation and Valuation norms, Guidelines to purchase Mutual Funds, Investor protection and MF regulations, Grievance mechanism in MF in India.

Unit2: Classification of Mutual Fund
A) Types of Mutual Fund- (introduction and Characteristics)
 Functional/Operational – Open ended, close ended, Interval
 Portfolio – Income, Growth, Balanced, MMMF
 Geographical/ Location – Domestic, Offshore
 Miscellaneous – Tax Saving Funds, Exchange Traded Funds, Balance Funds, Fixed Term Plan, Debt Funds, Systematic Investment Planning& Systematic Transfer Plan
B) Portfolio Maturity, Calculations of NAV

Module – II : 2 Credits
Unit3: 
A) Introduction to Wealth management Definition of Wealth management; understanding wealth management; wealth Management process; phases in wealth management process; wealth management market in India Holistic Planning Framework
B) Sources of wealth; human Capital; Financial Capital; Financial Life Cycle; Working Life – Pre-family independence; Family; Pre-retirement; Retirement – Active retirement; Passive Retirement; Elderly Care; Retirement related risk – risk
identification; Market Risk, Asset Allocation Risk, Interest Rate Risk, Inflation Risk,
Health/liquidity risk, Longevity Risk, The Financial Planning process Establish and
define the relationship with the client; Personal Fact Finding; AnalyzeClient’s
financial status, Risk profile and determine financial goals; Develop financial planning recommendation and present it to client; Implement client’s financial planning recommendations; Monitor and review the client’s situation
Asset Classes
Debt as an asset class; Role of debt in wealth management; risk of investing in debt securities; Equity as an asset class – investing in stocks

Unit 4 : 
a) Financial Mathematics:
● Calculation of Returns (CAGR ,Post-tax Returns etc.), Total Assets, Net
Worth Calculations, Financial Ratios
b) Tax and Estate Planning:
● Tax Planning Concepts, Assessment Year, Financial Year, Income Tax Slabs, TDS, Advance Tax, LTCG, STCG, Carry Forward & Set-off, Estate Planning Concepts –Types of Will – Requirements of a Valid Will– Trust – Deductions -Exemptions
Retirement Planning/ Income Streams & Tax Savings Schemes