Welcome to Guest !
 
Advanced Search | Tips
       IUP Publications
              (Since 1994)
Home About IUP Journals Books Archives Publication Ethics
     
  Subscriber Services   |   Feedback   |   Subscription Form
 
 
Login:
   
Member ID
Password
New User? Register Now! Forgot Password?
- - - - - - - - - - - - - - - - - -- - - - - - - - - - - -
Subscribers, Book Club Members, Students and Alumni
-
   
Activate your Account
 
Magazines >>
Finance
Portfolio Organizer

June' 07
View Demo
Regular Features
  • Roundup
  • Interview
  • Research Summary
  • Book Review
  • Bookshelf
  • Book Review
  • Indicators
Articles
   
Price(INR)
Buy
Confessions of a Wealth Manager
50
Pension Funds : New Player in Capital Market
50
Adaptive Markets Hypothesis : The New Framework
50
Gold ETFs : Innovative Tool for Portfolio Diversification
50
Periodic Variation in Mutual Fund Performance
50
Systematic Transfer Plan : A Closer Look
50
Foreign Investment in India : The ADR Route
50
Reducing Risk Through Commodity Exchanges
50
Indian Banking Industry : Evaluation of Financial Performance
50
The Next Big Investment Boom
50
       
Select/Remove All    

EXPERT'S COLUMN

Confessions of a Wealth Manager
-- Brijesh Dalmia CFP

Though wealth management and financial planning are synonymously used in the investor fraternity, they are not exactly alike. Wealth management encompasses the broader areas of understanding the client requirements based on his/her risk appetite and risk tolerance level, which eventually culminates into advising products suitable to the client's requirement. Today the financial planning arena is attracting many investors and they are seeking expert advice to lure the market at the right time. In this issue of expert's column, we capture views of a practicing Wealth Manager pertaining to these related issues.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

COVER STORY

Pension Funds : New Player in Capital Market
-- K Mallikarjunan

The introduction of the New Pension Scheme (NPS) may entirely change the way pension funds are looked at in India. The article probes into the entry of pension funds into the Indian capital market and its probable impacts.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

INVESTMENT PSYCHOLOGY

Adaptive Markets Hypothesis : The New Framework
-- Reshma Abraham

One of the most influential ideas in portfolio management theory has been the Efficient Markets Hypothesis (EMH). According to this hypothesis, a stock market is a highly efficient pricing mechanism where stock prices fully reflect all currently available information on future stock returns. Any new information tends to get incorporated quickly and accurately into the stock prices through market trading.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

MUTUAL FUNDS

Gold ETFs : Innovative Tool for Portfolio Diversification
-- Batani Raghavendra Rao

Since its discovery, gold has been considered the most precious of all metals. Gold investment means holding gold in physical form, mainly in the form of gold bars, gold coins or gold jewelry. This entails holding cost, which includes the cost of safe deposit vault in the case of gold bars or coins. In the case of jewelry, the holding cost includes risk of losing value upon conversion to cash, risk of loss due to theft and safety vault charges. This holding cost remains the main restraining factor in gold investment.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

MUTUAL FUNDS

Periodic Variation in Mutual Fund Performance
-- Tamal Datta Chaudhuri

The article examines the return distribution of select mutual fund schemes across various Asset Management Companies in India. According to the Association of Mutual Funds in India (AMFI), the history of mutual funds in the country can be split into four phases. The first phase (1964-87) saw the establishment of Unit Trust of India (UTI) and commencement of its operations. The second phase, spanning the years 1987-93 marked the entry of public sector funds. The period between 1993-2003 or the third phase witnessed the entry of private sector funds.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

INVESTMENT STRATEGY

Systematic Transfer Plan : A Closer Look
-- N Sumithra Devi

Among the various strategies followed by mutual fund houses, Systematic Transfer Plans (STPs) provide an excellent opportunity to switch investments from one scheme to the other. Retail investors normally prefer safety to wealth creation while making their investment choices. Over the years, the bank deposits and post office savings schemes accounted for a major portion of financial savings of the Indian households. Post-liberalization, the drastic reduction in bank deposit rates compelled the investors to look beyond their traditional investment habits.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

FINANCIAL INSTRUMENTS

Foreign Investment in India : The ADR Route
-- Suman Chakraborty and Subhalaxmi Mohapatra

This article discusses the present, nascent state of the depository receipt issuance by Indian companies and its potential. It attempts to identify what needs to be done by the issuers and regulators, both in India and the United States. Depository Receipts (DR) are a type of negotiable (transferable) financial security that can be traded on a local stock exchange, representing ownership of shares in companies of other countries. The popular Depository Receipts like American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) have been offering companies, investors and traders global investment opportunities since the 1920s.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

RISK MANAGEMENT

Reducing Risk Through Commodity Exchanges
-- JN Dhankhar

Commodity exchanges in India are steadily gaining popularity among the investment fraternity. This article provides an understanding on how commodity exchanges can mitigate trading risk. The Indian commodities sector has been witnessing increased investor's attention towards having a more sophisticated structure in terms of price risk management. The emergence of national level multi-commodity exchanges and liberalization in the commodities sector further indicates the enormous opportunities not only for trading but also for financial intermediation and brokerages function.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

INDUSTRY ANALYSIS

Indian Banking Industry : Evaluation of Financial Performance
-- B Sathish Kumar

This article analyzes the financial performance of public sector, private sector and foreign banks in India, considering a selective set of parameters. The genesis of banking1 in India goes back to 1786, when the General Bank of India was established. The first fully-owned Indian bank was the Allahabad Bank, which was set up in 1865. This was followed by the Bank of Hindustan, established in 1870. During 1868, foreign banks like the HSBC and Credit Lyonnais started their operations in Calcutta. By 1900s, many private sector banks started to emerge. Notable among them were the Punjab National Bank in Lahore, in 1895 and the Bank of India, at Mumbai in 1906.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

BOOK REVIEW

The Next Big Investment Boom
-- Editor: Mark Shipman Reviewed by Jayanta Kumar Seal

Investor is the focal point of investment and the main concern of investor lies in earning maximum return with minimum risk. This book focuses on investment strategies, psychology of successful long-term investing, the processes of investing and provides deep insights into the fundamental factors.

© 2007 IUP . All Rights Reserved

Article Price : Rs.50

Global Executive Summaries

  • The Booming Private Equity Market
    Full Text: www.CFOasia.com
  • Mortgage Funds in the US
    Full Text:www.investmentadvisor.com
  • Detusche Borse to buy International Securities Exchange
    Full Text: www.ft.com
  • The Canadian Bond Market
    Full Text: www.bloomberg.com
  • Real Estate Market in India and China
    Full Text: www.rediffnews.com
  
Search
  

  www
  IUP

Search
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Subscribe to receive free updates and keep up with latest from the IUP
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Click here to upload your Article

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

more...
 
View Previous Issues
Portfolio Organizer
 

Copyright © 2001-18 IUP. All rights reserved.