Advanced Equity Research and Valuation

LIVE TRADING

• Identify and trade with single and multiple candlestick patterns such as Marubozu, Hammer, Hanging Man, and Shooting Star.
• Trade using support resistance and automate chart patterns such as head and shoulder, double top and bottom, triple top and bottom.
• Learn the basics of time series analysis, ARIMA and GARCH models, gamma scalping, options contracts and how to make delta-neutral portfolios.
• Define different models such as momentum, breakout, swings and floor and ceiling. Also, Swing trade using MACD and Williams Fractals.
• Apply and trade with the trend, volume and market breadth indicators.
• Predict trends, manage risks, and analyse the performance of trading strategies.
• Calculate transaction costs and slippage, and live trade your strategy.

SKILLS COVERED

LEARNING TRACK 2

• Multi Commodity Exchange

• QuantInsti®

• Laurent Bernut

Course Curriculum

• INVESTMENT LANDSCAPE
  •  Investors and their Financial Goals
  • Savings or Investments?
  • Different Asset Classes
  • Investment Risks
  • Risk Measures and Management Strategies
  • Behavioral Biases in Investment Decision Making
  • Risk Profiling
  • Understanding Asset Allocation
  • Do-it-yourself versus Taking Professional Help

• CONCEPT AND ROLE OF A MUTUAL FUND
  • Concept of a Mutual fund
  • Classification of Mutual Funds
  • Growth of the mutual fund industry in India

• LEGAL STRUCTURE OF MUTUAL FUNDS IN INDI
  • Structure of Mutual Funds in India
  • Key Constituents of a Mutual Fund
  • Organization Structure of Asset Management Company
  • Role and Support function of Service Providers
  • Role and Function of AMFI

• LEGAL AND REGULATORY FRAMEWORK
  • Role of Regulators in India
  • Role of Securities and Exchange Board of India
  • Due Diligence Process by AMCs for Distributors of Mutual Funds
  • Investor Grievance Redress Mechanism
  • AMFI Code of Conduct for Intermediaries

• SCHEME RELATED INFORMATION
  • Mandatory Documents
  • Non-Mandatory Disclosures

• FUND DISTRIBUTION AND CHANNEL MANAGEMENT PRACTICES
  • The role and importance of mutual fund distributors
  • Different kinds of mutual fund distributors
  • Modes of distribution
  • Pre-requisites to become Distributor of a Mutual Fund
  • Revenue for a mutual fund distributor
  • Commission Disclosure mandated by SEBI
  • Due Diligence Process by AMCs for Distributors of Mutual Funds
  • Difference between distributors and Investment Advisors
  • Nomination facilities to Agents/Distributors and Payment of Commission to Nominee
  • Change of distributor

• NET ASSET VALUE, TOTAL EXPENSE RATIO AND PRICING OF UNITS
  • Computation of Net Assets of Mutual Fund Scheme and NAV
  • Concept of Entry and Exit Load and its impact on NAV
  • NAV, Total expense ratio and pricing of units for the Segregated Portfolio

• TAXATION
  • Applicability of taxes in respect of mutual funds
  • Capital Gains
  • Dividend income
  • Stamp Duty on Mutual Fund Units
  • Setting off of Capital Gains and Losses under Income Tax Act
  • Securities Transaction Tax
  • Tax benefit under Section 80C of the Income Tax Act
  • Tax Deducted at Source
  • Applicability of GST

• INVESTOR SERVICES
  • The NFO process
  • New Fund Offer Price/On-going Offer Price for subscription
  • Investment Plans and Services
  • Allotment of Units to the Investor
  • Account statements for investments
  • Mutual Fund Investors
  • Filling the Application Form for Mutual Funds
  • Financial Transactions with Mutual Funds
  • Cut-off Time and Time Stamping
  • KYC Requirements for Mutual Fund Investors
  • Systematic Transactions
  • Operational aspects of Systematic Transactions
  • Non-Financial Transactions in Mutual Funds
  • Change in Status of Special Investor Categories
  • Investor transactions – turnaround times

• RISK, RETURN AND PERFORMANCE OF FUNDS
  • General and Specific Risk Factors
  • Factors that affect mutual fund performance
  • Drivers of Returns and Risk in a Scheme
  • Measures of Returns
  • SEBI Norms regarding Representation of Returns by Mutual Funds in India
  • Risks in fund investing with a focus on investors
  • Measures of Risk
  • Certain Provisions with respect to Credit risk

• MUTUAL FUND SCHEME PERFORMANCE
  • Benchmarks and Performance
  • Price Return Index or Total Return Index
  • Basis of Choosing an appropriate performance benchmark
  • Benchmarks for equity schemes
  • Benchmarks for Debt Schemes
  • Benchmarks for Other Schemes
  • Quantitative Measures of Fund Manager Performance
  • Tracking Error
  • Scheme Performance Disclosure

• MUTUAL FUND SCHEME SELECTION
  • Scheme Selection based on Investor needs, preference and risk-profile
  • Risk levels in mutual fund schemes
  • Scheme Selection based on investment strategy of mutual funds
  • Selection of Mutual Fund scheme offered by different AMCs or within the scheme category
  • Selecting options in mutual fund schemes
  • Do’s and Don’ts while selecting mutual fund schemes