1. INVESTMENT MANAGEMENT

2. UNIT I

3. Investment Management Meaning: It is the part of saving of an individual that is in the form of funds to be used in future terms. It is the allocation of monetary resource to assets that expected to yield some gain or positive return over a period of time.

4. Importance of Investment Longer life expectancy Increasing rates of taxation Interest rates Inflation Income Investment channels

5. Factors favourable for investment Legal safeguards Stable currency Existence of financial institutions to encourage savings Form of business organization

6. Features of investment program Safety of principal Liquidity Income stability Appreciation and purchasing power stability Legality and freedom from care tangibility

7. Speculation Meaning of speculation: It’s the involvement of funds of high risk as it includes: Risk Capital gain Time examples of speculation: lottery ticket, gambling

8. Investment Vs. Speculation Investment Investment is employment of fund It is the waiting for the reward It used for current consumption to be used in future It is a long tem commitment Speculation It involves high risk fund Due to risk reward is not fully considered Current consumption cannot be used in future Its short term commitment

9. UNIT II

11. Fixed deposit

12. Recurring deposit

13. Savings certificate

14. Indiravikas patra

17. Date of the incorporation

18. Type of business

19. Details of the company

20. Name and address

22. Ownership rights

23. Par value

24. Rights shares

26. Disadvantages of Equity investment Loss decision making power Loss of control Regulatory compliance Higher outgo Life long obligation

28. Stock market

29. Commercial bank

30. Rate of interest

31. Financial institution

34. Growth in dividend

36. Gold and silver Gold: Gold is the valuable asset in our daily economy of life and it is used in various forms for the purpose of investment.Its value increased or decreased depends upon the economic condition. Ex: Gold coins Gold Bar and jewels. Silver: silver may be in the form of weight by the kilo gram. Silver may be less then the price of gold.

38. Supply of land

39. Tax

41. ROLE OF THE NEW ISSUE MARKET ORGINATION UNDERWRITING DISTRIBUTION

42. IMPORTANCE OF NEW ISSUE MARKET

46. UNIT-IV STOCK EXCHANGE

49. Characterstics of securities Important characterstics In association of individuals. Control by governing body. Abiding by rules and regulations. Listed securities.

50. LIST OF OF STOCK IN INDIA NATIONAL STOCK EXCHANGE BOMBAY STOCK EXCHANGE OTCEI CALCUTTA STOCK EXCHANGE DELHI STOCK EXCHANGE

51. LISTING OF SECURITIES Meaning: Listing means the admission of the security of a public limited company on a recognised stock exchange for trading. Objectives of listing: To provide marketability, liquidity and transferability to the securities To ensure fair dealings in securities To safeguard the interest of the investors and the general investing public.

52. Advantages of listing of securities Broadens and diversifies shareholdings Complies with statutory provisions Ensures a savings in the cost of raising new capital.

53. Procedures for listing of securities Attaching listing application and documents Scrutiny of listing application Listing agreement

54. Stock Brokers Meaning: Brokers are the main players in the secondary market. They act in varying capacities such as principle, agent and speculator or oterwise jobber, tarawaniwals, commission brokers, sub-brokers and authorised clerks.

55. Functions of Stock Brokers

56. Mechanics of Security trading in Stock Exchange Choosing a broker Opening an account with broker Placing orders Execution of orders Preparation of contract notes Settlement of traansaction

58. Investment Risk Meaning: Risk is the oppsit of the safety otherwise the possibility of loss or injury. The degree or probability of such laws.

59. Classification of Risk Classification of Risk Market Interest Rate Purchasing Risk Risk power risk Business Risk Financial Risk Default or Insolvency Risk Internal Busines External Business Risk Risk