Jaypee Infratech IPO: Review Analysis & Details

Jaypee Infratech is a SPV company specially created for the 6 lane Yamuna Expressway project and is now coming out with the Initial Public Offering or IPO is going to open on 29th April 2010.
In this article, we will look at the Review, Analysis and Details of the Jaypee Infratech IPO and try to do the Review and analysis of Jaypee Infratech IPO.

Jaypee Infratech IPO: Review Analysis & Details

Some basic details first about the Jaypee Infratech IPO, which are available as of now:

- The size of Jaypee Infratech IPO is expected to be around 6 billion Rs.

- As per the website, The company is Jaypee Infratech Limited (JIL) incorporated as a Special Purpose Vehicle for implementation of 165 km long 6-lane Access-Controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra. The company shall also undertake the ribbon development on 6175 acres at five locations along the expressway for commercial, industrial, institutional, residential and amusement purposes.

What is the issue size of the Jaypee Infratech IPO?
Around 12 billion Rs is the size of the IPO.

How will the capital raised by Jaypee Infratech IPO be used?
The capital raised will be used by the company for the 6 lane Yamuna Expressway which will run across several states.

What is the price band of Jaypee Infratech IPO?
The price band is at 102 to 117 Rs. per share - final price to be decided by a 100% book building process

How many shares will be sold in the Jaypee Infratech IPO?
The total no. of shares to be sold through this IPO is around 60,000,000 shares.

What is the trading symbol & exchange for the Jaypee Infratech IPO
No info about that

What are the IPO dates for Jaypee Infratech IPO
The IPO for Jaypee Infratech will open on dates 29 April to 4th May 2010

Any ratings given to Jaypee Infratech IPO?
Yes, 3 out 5 ratings are given to the Jaypee Infratech IPO, which indicates average fundamentals.
This article was posted on Finance Trading Times (FTT), if you see this article on any other site (like fav-stock) then it is copied over from FTT
What are the analysts recommendations for Jaypee Infratech IPO?
The market experts believe that Jaypee Infratech IPO is good enough bet to place the money. The infrastructure sector in India is still going strong and projects like Yamunaexpressway are a steady stream of revenue generation. Investors can expect moderate returns in the medium to long term. However, the valuations should be done by the investors properly.
Morgan Stanley, Axis Bank, Bofa Merril Lynch, Enam Securities, ICICI Securities, IDFC Capital, JM Financial, Kotak and SBI Cap are the Book running leead managers for this IPO. Karvy is the registrar to the Jaypee Infratech IPO

What are the business results for Jaypee Infratech?
No info about that

CitiGroup CEO Pandit's letter to Obama - Anlaysis of the suggestions

It was recently reported by Bloomberg that CitiGroup CEO Vikram Pandit has written a letter to President Barack Obama, requesting him for "Strong Regulatory Reforms for US based Banks". In his letter, Pandit also cited providing full support of Citi in that effort. He is also reported to mention in his letter that "Banks should not speculate on Capital", and also put up a need that "Derivatives should be cleared and settled by a centrally", i.e. an independent single body, like a clearing and settlement house should be involved in the business of derivatives and clearing settlement.

Now, let's look do some analysis and look at the thoughts put in by the Citi CEO:

First and foremost thing that I can clearly see here is that Mr. Pandit is passing the buck to the government - the government should come up with some strong regulation for banking system in US, the government should setup some clearing house for derivatives business and so on. The second point is also a bit generalised - Banks should not speculate on Capital - cant understand what is implied by that, whose responsibility is it that speculation on banks capital does not happen. Is it the bank and its leadership, is is by the regulators, or who else?

Let's go one by one.

Point No. 1 : Strong Regulatory Refors for US Banks
The fact is that regulations exist - they exist since a long time. It is a fact that the recent turmoil which happened, occured because of the speculative betting business by the individuals. These were the punters employed by major investment banks and firms, who wanted to trade on anything and everything. Putting everything on the government by asking to come up with "strong regulations" is no way to improve the situation. The organizations and its top leadership should themselves take up that responsibility.
If I decide to hire punters to manage my money, it is my choice. the situation is worse with the investment banks, because they hire punters to manage other people's money. No way can the government, or any amount or magnitude of regulatory reforms can prevent the betting business which goes on in the name of securitization.

Point No. 2 - Banks should not speculate on Capital:
Very fair point - but isn't it obvious and isn't it implicit and isn't it known and expected from all the banks?
Still, if that is not being done, then there is something wrong with the whole system. Proabably, Mr. Pandit can come up with some concrete examples on how he expects this to be achieved. What are the steps, he or his leadership circle at Citi, are planning to take to ensure that such specualtions do not happen

Point No. 3 - Derivatives to be cleared & settled centrally:
This is a real good point to consider. But wont this affect the trading business all across the globe? What will happen to Proprietary trading and securitization process? How will the risk management be achieved, in case OTC derivatives are being cleared and settled centrally.
What about the timelag for introdcuing new kinds of derivatives and getting the regulatory approval for them?

Even if you have a central house for clearing of derivatives, trading of the products which traditionally happens over the counter will be hit severly. As a matter of fact, it is much easier for people to trade on mathematical equations if both parties agree. Imagine the lengthy process to get the regulatory approval for the same.

Overall, in my opinion none of the points mentioned above make much of a concrete and implementable justification.

Global Tax Withholding & Reclamation Process

It is a known fact that "The world is Flat" - more and more companies, entities and individuals are getting into making investments or reaping benefits directly or indirectly abroad. Some way or the other, all of us, whether individuals or big entities get affected by the global happenings. When it comes to taxation issues regarding cross border investments, the structure is muc more complex and not easy to get through. Hence, in this article, We cover a brief outline of Process of Global Tax Withholding and Reclamation so as to get the reader familiar with it. Millions and Billions are withheld or better to say over-withheld in the name of overseas investments. Not just that, the expenditure by various participants in the investment business, to get these tax money back is not only costly, but complex and despite following it, entire money is not refunded.

Hence, in this article, we attempt to explain the main points about How the Global Tax Withholding System works, What best practices and processes should be followed and what should be done by international organizations to get the maximum tax relief

Global Tax Withholding & Reclamation Process

. The course can broadly be outlined in the following 5 categories:

I. International Withholding Taxes: The course starts with a little theory and background of Global Taxation. We then delve into the following topics:

 -- Statutory Withholding Global Tax Rates and Global Tax Rules

 -- Info about the Treaty as well as the Domestic Law Relief

 -- Relief at Source: Can you expect any relief in taxation at the source itself?

 -- Tax Reclamation: Process of how to relaim your global tax


II. Customer Account and Tax Status Issues:

 -- The various partied involved: Starting right from individuals and then moving on to the case of big entities like companies, Funds, Charities/Non-Profits, Governments, Banks or Intermediaries, Joint Investments, etc.

 -- The case of identifying the Beneficial Owner: It can be complex given the various norms followed across the globe

 -- Best Practices for documenting accounting details which will assist in maximum tax savings

III. DTC Elective Dividend Service (EDS) Issues:

 -- An intoroduction to EDS Programs and how do they work?

 -- Benefits of EDS

 -- Obligations of EDS

 -- Limitations of EDS

 -- Role of Depositaries, Globe Tax and Acupay

IV. Local Custodians and Tax Authorities

 -- Why must tax reclaims be filed with custodians in some markets and with tax authorities in others?

V. OECD (Organization for Economic Cooperation and Development) Developments

 -- What is the OECD and who participated on the informal consultative group on the taxation of collective investment vehicles and procedures or tax relief for cross-border investors?

 -- Status of the project to harmonize and standardize withholding tax relief procedures world-wide

 -- CIVs: proposals for when and how CIVs may be able to obtain tax treaty benefits

 -- Implementation Procedures: proposed new documentation and procedures for portfolio investors to claim treaty or domestic tax law benefits in the source country

Top 10 Green Cars List by Kelley Blue Book

Everyone in this world is worried about the soaring gas prices. The reason, energy demands are growing volcanically and there is no definite source of energy or oil or gas which can continue forever and provide a respite. People who used to move around in the gas guzzling SUVs and MUV's have now realized the situation and are now willing to compromise on that special show-off and status symbol and are now ready to take up small energy efficient cars.

Not just the cost of fuel, but also the problems of environment pollution, problems of high emissions are causing a lot of concerns globally. People are now waking up to reality and instead of just the showbiz, they are using their heads before buying the cars and vehicles.

Kelley Blue Book recommends Top 10 Green Cars

The concept of Green Cars comes into play. They are not only environment friendly, but are also economical to avoid the high prices of petrol gas, and diesel. Hybrid Cars are other variants that use more than one source of fuel for energy and power generation.
But again, the question that keeps troubling the minds of people is that among the several green cars available to choose from, which one is the Best Green Car?

Kelley Blue Book, headquartered in Irvine, California, is the United States' largest automotive vehicle valuation company, has come out with the top 10 list of the Best Available Green Cars in the world. The methodology used by Kelley Blue Book to rate best Best Green Cars can be found on their site, here we are presenting a concise list of those shortlisted by Kelley Blue Book to be in the top 10 list of best available Green Cars.
Here is the list of Green Cars:


- 2010 Chevrolet Tahoe Hybrid: 22 mpg (21 city, 22 highway)

- 2010 Toyota Highlander Hybrid: 26 mpg (27 city, 25 highway)

- 2010 BMW 335d: 27 mpg (23 city, 36 highway)

- 2010 Honda Fit: 31 mpg (28 city, 35 highway)

- 2010 Ford Escape Hybrid: 32 mpg (34 city, 31 highway)

- 2010 MINI Cooper: 32 mpg (28 city, 37 highway)

- 2010 Volkswagen Golf TDI: 34 mpg (30 city, 42 highway)

- 2010 Ford Fusion Hybrid: 39 mpg (41 city, 36 highway)

- 2010 Honda Insight: 41 mpg (40 city, 43 highway)

- 2010 Toyota Prius: 50 mpg (51 city, 48 highway)

Ryan Howard $125-million 5-year extension with Phillies

Ryan Howard has hit the jackpot - he has decided to stay with Phillies for a further extension of the next 5 years. What this means it that he will be with the Philadelphia team till 2017.

Ryan Howard $125-million 5-year extension with Phillies

Howard, now 30 year old, is all set to get USD20 million each year from 2012-13. Then, for the next 3 years from 2014 to 2016, he will be paid USD25 million. The Phillies have a $23-million club option for 2017 with a $10-million buyout.

Is this the highest paid for any baseman till date?
No, but this is the second highest - Alex Rodriguez was paid the highest figure ever of $27.5-million annual pay.

Ryan Howard is a left handed ball throw and was the 2006 National League MVP. He is also the fastest player to reach both the 100 and 200 home run milestones in Major League Baseball history, passing the marks in 2007 and 2009, respectively.

SJVN IPO Satluj Jal Vidyut Nigam IPO: Review Analysis & Details

SJVN Satluj Jal Vidyut Nigam is a Hydro electric power company run by the state whose Initial Public Offering or IPO is going to open on 29th April 2010.
In this article, we will look at the Review, Analysis and Details of the SJVN Satluj Jal Vidyut Nigam IPO and try to do the Review and analysis of SJVN Satluj Jal Vidyut Nigam IPO.

SJVN Satluj Jal Vidyut Nigam IPO: Review Analysis & Details

Some basic details first about the SJVN Satluj Jal Vidyut Nigam IPO, which are available as of now:

- The size of SJVN Satluj Jal Vidyut Nigam IPO is expected to be around 12 billion Rs.

- The company is in the business of Hydro electric Power generation. As per their site, The SJVN Ltd (formerly Nathpa Jhakri Power Corporation Limited - NJPC ) was incorporated on May 24, 1988 as a joint venture of the Government of India ( GOI ) and the Government of Himachal Pradesh (GOHP) to plan, investigate, organize, execute, operate and maintain Hydro-electric power projects. The present authorized share capital of SJVN is Rs 7000 crores.

What is the issue size of the SJVN Satluj Jal Vidyut Nigam IPO?
Around 12 billion Rs is the size of the IPO.

How will the capital raised by SJVN Satluj Jal Vidyut Nigam IPO be used?
No info about that

What is the price band of SJVN Satluj Jal Vidyut Nigam IPO?
The price band is at 23 to 26 Rs. per share - final price to be decided by a 100% book building process

How many shares will be sold in the SJVN Satluj Jal Vidyut Nigam IPO?
The total no. of shares to be sold through this IPO is around 41.5 Crore shares.

What is the trading symbol & exchange for the SJVN Satluj Jal Vidyut Nigam IPO
No info about that

What are the IPO dates for SJVN Satluj Jal Vidyut Nigam IPO
The IPO for SJVN Satluj Jal Vidyut Nigam will open on dates 29 April to 3rd May 2010

Any ratings given to SJVN Satluj Jal Vidyut Nigam IPO?
No info about that

What are the analysts recommendations for this IPO?
The market experts believe that SJVN Satluj Jal Vidyut Nigam IPO is costly at higher price band of 26, but can be betted for in the price range of 22 to 25 Rs per share. As the demand for power for the ever growing population is increasing, the power companies are sure to benefit, and state run companies always have a headstart in that. However, the valuations should be done by the investors properly.

What are the business results for SJVN Satluj Jal Vidyut Nigam?
No info about that

Mandhana Industries IPO: Review Analysis & Details

Mandhana Industries is a real estate company whose Initial Public Offering or IPO is currently open.
In this article, we will look at the Review, Analysis and Details of the Mandhana Industries IPO and try to do the Review and analysis of Mandhana Industries IPO.

Mandhana Industries IPO: Review Analysis & Details

Some basic details first about the Mandhana Industries IPO, which are available as of now:

- The size of Mandhana Industries IPO is expected to be around 100-108 Crore Rs.

- The company is in the business of Textiles, and has its core strength in designing, especially for ladies. They are having international brands as well. Aditya Birla and Pantaloons are some of ite esteemed clients. They makes readymade garments and fabric.

What is the issue size of the Mandhana Industries IPO?
Around 100 to 108 Crore Rs is the size of the IPO.

How will the capital raised by Mandhana Industries IPO be used?
No info about that

What is the price band of Mandhana Industries IPO?
The price band is at 120 to 130 Rs. per share - final price to be decided by a 100% book building process

How many shares will be sold in the Mandhana Industries IPO?
No details available about the total no. of shares to be sold.

What is the trading symbol & exchange for the Mandhana Industries IPO
No info about that

What are the IPO dates for Mandhana Industries IPO
The IPO for Mandhana Industries is currently open dates are 27 to 29 APril 2010

Any ratings given to Mandhana Industries IPO?
Yes - a rating of 3 out of 5 is assigned to Mandhana Industries IPO, which indicate average to good fundamentals.

What are the analysts recommendations for this IPO?
The market experts believe that Mandhana Industries IPO is costly at higher price band of 130, but should be subscribed at 120 Rs. per share. Though the company has shown negative forex losses in the recent period of around last 9 months, it shouldn't be a long standing problem. Another good signal about this stock is that it is learnt that Axis Bank has invested in this company at around 115 Rs. per share few days back, so investors can try their luck with this IPO.

What are the business results for Mandhana Industries?
No info about that

Tarapur Transformers IPO: Review Analysis & Details

Tarapur Transformers is a real estate company whose Initial Public Offering or IPO is currently open.
In this article, we will look at the Review, Analysis and Details of the Tarapur Transformers IPO and try to do the Review and analysis of Tarapur Transformers IPO.

Tarapur Transformers IPO: Review Analysis & Details

Some basic details first about the Tarapur Transformers IPO, which are available as of now:

- The size of Tarapur Transformers IPO is expected to be around 55-64 Crore Rs.

- The money or capital colelcted will be used for buying any new potential target companies, increasing the working capital, increasing the capacity of the Pali Unit

- The company is in the business of Transformer manufacuring, Transformer repairing and refurbishing, which appears to be a good field of work given the high energy needs

What is the issue size of the Tarapur Transformers IPO?
Around 55-64 Crore Rs is the size of the IPO.

How will the capital raised by Tarapur Transformers IPO be used?
The Proceeds of IPO will be used for multiple purposes: buying any new potential target companies, increasing the working capital, increasing the capacity of the Pali Unit

What is the price band of Tarapur Transformers IPO?
The price band is at 65 to 75 Rs. per share - final price to be decided by a 100% book building process

How many shares will be sold in the Tarapur Transformers IPO?
No details available about the total no. of shares to be sold.

What is the trading symbol & exchange for the Tarapur Transformers IPO
No info about that

What are the IPO dates for Tarapur Transformers IPO
The IPO for Tarapur Transformers is currently open dates are 26 to 28 APril 2010

Any ratings given to Tarapur Transformers IPO?
Yes - a rating of 1 out of 5 is assigned to Tarapur Transformers IPO, which indicate very bad fundamentabls.

What are the analysts recommendations for this IPO?
The market experts believe that Tarapur Transformers IPO is costly - it should be avoided. Though the area of work appears to be a good high profit potential area as the energy needs are growing leaps and bounds, but the company does not seem to stand firm to gain. Recommnedations by experts at various business channels say that there are other better alternatives to invest - like Bharat Bijli, Valton Transformers, etc.The rating of 1/5 itself is not very encouraging for this IPO.

What are the business results for Tarapur Transformers?
No info about that

Nitesh Estate IPO: Review Analysis & Details

Nitesh Estate is a real estate company whose Initial Public Offering or IPO is currently open.
In this article, we will look at the Review, Analysis and Details of the Nitesh Estate IPO and try to do the Review and analysis of Nitesh Estate IPO.

Nitesh Estate IPO: Review Analysis & Details

Some basic details first about the Nitesh Estate IPO, which are available as of now:

- The size of Nitesh Estate IPO is expected to be around 405 Crore Rs.

- The money or capital colelcted will be used for property development, investments in subsidiary companies and repayment of existing loans of the company

- Anchor invetors include big names like Helion Capital, Nomura, HDFC Mutual Fund, SBI Mutual Fund

What is the issue size of the Nitesh Estate IPO?
Around 405 Crore Rs is the size of the IPO.

How will the capital raised by Nitesh Estate IPO be used?
The Proceeds of IPO will be used for multiple purposes: property development, investments in subsidiary companies and repayment of existing loans of the company.

What is the price band of Nitesh Estate IPO?
The price band is at 54 to 56 Rs. per share - final price to be decided by a 100% book building process

How many shares will be sold in the Nitesh Estate IPO?
No details available about the total no. of shares to be sold.

What is the trading symbol & exchange for the Nitesh Estate IPO
No info about that

What are the IPO dates for Nitesh Estate IPO
The IPO for Nitesh Estate is currently open dates are 23 to 27 APril 2010

Any ratings given to Nitesh Estate IPO?
Yes - a rating of 2 out of 5 is assigned to Nitesh Estate IPO, which indicate bad fundamentabls.

What are the analysts recommendations for this IPO?
The market experts believe that Nitesh Estate IPO is costly - it should be avoided. The net worth of the company appears to be negative, the so called "land bank" ratio is also not looking attractive.

What are the business results for Nitesh Estate?
No info about that.

HBA House Building Loan Advance Sixth Pay Commission: HBA for government employees

There was some news regarding the sanction of financial assitance to the government employees after the Sixth Pay Commission Recommendations. One of the things was that government employees can expect some relief in terms of getting some Subsidised House Loans or Subsidised Home Loans for individual government employees. However, there is no news about modalities for this being worked out.

HBA House Building Loan Advance for government employees after Sixth Pay Commission

However, it is not going to be easy for this to provide any relief to any government employee

Take this case for HBA: The maximum amount of home loan a person is entitled to take is capped at just 7.5 lakhs. With that kind of money, who is able to build a house - forget about the metros, even in mid size towns nobody can afford the housing prices. What kind of relief will this kind of amount will provide? Possibly, not even in the villages where one has to buy the land and then build a house on it.

What are the changes in recommendations for HBA policy after Sixth Pay Commission?
The following information is available - the Sixth Pay Commission has recommendded that there should not be direct disbursement of advance money by the government directly i.e. employees cannot expect any form of direct payment for House Building Advance from the government. Instead, what is recommended is that government should get into some kind of agreement with the Public Sector Banks to offer subsidised interest rates for the loans that employees will take.
This means that government's role will not be in money payment or advance payments. Instead, the employee is directly expected to appraoch the respective bank, and take the loan directly from the bank. The government's role will be limited to offering a subsidy in the loan interest rate charged to the employee. The employee will have to directly repay the loan back to the bank.
General Sixth Pay Commission Salary Hike & Arrears Calculator

Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike
What is the loan rate subsidy offered by the Sixth pay Commission for HBA?
It is reported that for all employees will be offered a 2% subsidy in the loan rate offered by the home loan bank.
However, for employees with disabilities, the home loan rate subsidy will be 4%.

However, the bad news is that it has been 2 years since the recommendations of Sixth Pay Commission have come through, still there is no respite or clarity of implementation on HBA till date

Unaided College Staff Sixth Pay Commission: Pension, Pay Arrears & Salary Hike Details

The latest news on Sixth Pay Commission is for the Unaided College Staff & Teachers of such colleges. They are still reported to be waiting for getting the benefits of recommendations of the Sixth pay Commission Panel Recommendations.

As reported recently, the Teaching as well as the other general non-teaching staff is still made to wait for getting the arrears payment and new pay hike as per the 6th pay commission.

Sixth pay Commission for Unaided College Staff & Teachers: Salary, Pension & Arrears

What are the problems for the Unaided College Staff & Teachers in getting Sixth Pay Commission salaries?
The problems are aplenty. It is reported that the unaided colleges do NOT appoint proper teachers and hence try to avoid the required eleigbility for payments. Ultimately, they pay less salaries to the so called "un-approved" teachers.

What is the legal aspect of this issue?
The legal issue is in favour of Unaided College Staff & Teachers. The honourable Supreme Court of India has already given a judgement that Unaided College Staff & Teachers are equally eligible for new pay hike, pension and arrears payment as per Sixth Pay Commission. However, due to the various management and appointment practices by the unaided colleges, the benefit does not reach the teachers and staff.
General Sixth Pay Commission Salary Hike & Arrears Calculator

Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike
What is the latest update on Unaided College Staff & Teachers Payments?
The latest update is that staffers of such colleges have submitted a memorandum in Pune to the concerned authority requesting them to implement the Sixth Pay Commission recommendations ASAP for the Unaided College Staff & Teachers. Teachers are reported to have requested the university to start pay fixation of teachers in unaided colleges without further delay and instruct colleges to pay salaries prescribed by sixth pay commission.

Retired Teachers Sixth Pay Commission: Pension, Pay Arrears & Salary Hike Details

The latest news on Sixth Pay Commission is for the Retired Teachers and it is indeed very good news for the retired pensioners who retired as teachers of the government or government funded school. These employees, government employees will be getting all the benefits granted to any government servent as per the recommendations of the Sixth pay Commission Panel Recommendations

As reported by DNA, the good news is that these retired teachers will also get their pensions as per the new Sixth Pay Commission.

Sixth pay Commission for Retired School Teachers: Salary, Pension & Arrears

What benefits can be expected by the pensioners or retired school teachers for Sixth Pay Commission Recommendations?
The retired school teachers can expect two things

1) The increase in pension amount

2) A payment of lump sum for arrears as per the Sixth Pay Commission. These arrears will be paid since applicable date for 6th pay Commission is 1 January 2006. Hence all the calculations will be made from that timeline and hence the arrears payment will be there.

The finance department and the school education department are reported to have sanctioned the required details for this development which is learnt to be effective Oct 09.

General Sixth Pay Commission Salary Hike & Arrears Calculator

Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike

What are the other benefits?
It is learnt that the process for calculation of pension is also simplified. Initially, the pension calculations used to be on the basis of last 10 months salary before retirement and half of it was given as pension.
Now, it will be different and simple method - this new method will take 50% of the last drawn BASIC Salary and along with that the dearness allowance will also be added to calculate the pension amount.

It is also reported that some schools have already given approval for teachers who retired in Dec & Jan, as per the Sixth Pay Commission

Mutual Funds Course Introduction: Basics of Mutual Fund Industry

In this article, we will provide the brief outline of any course on Mutual Funds and Mutual Fund Industry Practices which are followed. This content will enable a person to udnerstand the Basics of Mutual Fund Industry, The valuations of Mutual Funds, the mathematics of mutual Funds calculations, Mutual Fund Markets, Buying/Selling/ Redemption of Mutual Fund Units, the regulatory requirements of MF Industry, Taxation issues of MF, Various Kinds of Mutual Funds, etc..
The Concepts of Mutual Fund Market: We begin by explaining the overall concept of the Mutual Fund, how they are created and brought to the Financial markets.

Capitalization concept in Mutual Fund: In this module, the capitalization of MF is discussed

Net Asset Value (NAV) calculation of Mutual Fund Units : Now the fun begins - how to price a mutual fund and with what parameters

Various Types of Mutual Funds : Here, the different kinds of mutual funds are introduced.

Mutual Fund Buying or Purchases : Trading activities may not be possible in all mutual funds, as some of them are OTC products which are bought and sold only at the End of the day pricing. While some Mutual funds like ETF's are exchange traded and their pricing changes as like any other stock price movement.

Types of Yields available in Mutual Fund : Various parameters which indicate the yield calculations of Mutual funds.

Mutual Fund Redemption : Redemption is the process of an investor selling back his MF units back to the Mutual Fund House.

Marketing & Distribution of Mutual Funds : The scene from the other side - how the mutual fund is brought to the market and how it is sold and marketed

Use and Legal Requirement of the Mutual Fund Prospectus : Regulatory and compliance

NASD Regulations for MF industry:

Federal Taxes for Mutual Fund: Taxation of mutual funds is done differently, both for the issuers as well as the investors

Trading of Mutual Funds on Margin : Can you trade in Mutual funds, if yes, then how to leverage the limited capital for trading in MF's.

Shorting MF Units: Mechanics of Short Sales : Short sale of MF units, those who master this know how to make profits

Real Estate Investment Trust : A special kind of fund trust, specific to real estate and property investment.

Fixed and Variable Annuities : Annuity concepts

Assumed Investment Return: