Does CSR Work? Essays -- Business Essays

Accomplishes CSR Work? Adam Smith established the advanced investigation of financial matters on the reason that all organizations are driven by the undetectable hand to look for however much benefit as could be expected while society will deal with itself. Be that as it may, as the public’s assessment of large business has consistently declined in the ongoing decades, huge business has built up a social still, small voice to improve all parts of society from laborer remuneration to securing nature to helping the penniless. As Stephen Cook shows in the January 2003 version of Management Today: â€Å"Everyone cares nowadays. You can barely stroll through the entryway of a significant organization in the western world without stumbling over piles of lustrous reports revealing to you how they care for the earth, their locale, their stakeholders.† John G. Ruggie accepts that the expansion in corporate social obligation (CSR) originates from three reasons: 1) organizations have made themselves foc uses by doing â€Å"bad† things previously (Shell in Nigeria; Nike in Indonesia), 2)public recognition that the worldwide commercial center is more police-capable and universal principles and norms are progressively enforceable, 3) organizations huge development as made them the main ones fit for policing themselves in a worldwide limit. Notwithstanding, two inquiries emerge from this new part of the corporate order: 1) does CSR produce results? Also, 2) does the open consideration about CSR. Gereffi et al. also, John G. Ruggie both demonstrate that the social weight has pushed organizations to act: Under expanding tension from ecological and work activists, multilateral associations, and administrative offices in their nations of origin, worldwide firms are executing â€Å"certification† arrangementsâ€codes of direct, creation rules, and monit... ...partner mindful, just a minority will rebuff socially flippant organizations. Cook demonstrates comparative patterns in the UK where just 20% of the individuals would be set up to blacklist an item on social grounds. Cook, proceeds to demonstrate, in any case, that the quantity of individuals what care's identity is consistently expanding: â€Å"there’s been a 40% flood in UK acquisition of ‘fair trade’ items giving a superior arrangement to third world farmers.† As increasingly more of the world’s populace gets mindful of the developing requirement for companies to keep up a solid feeling of social obligation, organizations are receiving self-administrative approaches to satisfy the general population and upgrade their own notoriety. This advantages both the buyers and companies until an organization makes another Enron-like bungle. At that point all the great accreditations these pacesetting organizations have aggregated vanishes in a flash.

Catching Fire by Suzanne Collins

Book audit of The Hunger Games †Catching Fire by Suzanne Collins Katniss Everdeen has get back safe in the wake of winning the 74th Annual Hunger Games alongside individual tribute Peeta Mellark. Winning implies that they should pivot and leave their family and dear companions, setting out on a â€Å"Victor's Tour† of the areas. En route Katniss faculties that an insubordination is stewing, yet the Capitol is still especially in charge as President Snow readies the 75th Annual Hunger Games (Quarter Quell) †an opposition that could change Panem forever.I delighted in this book as it kept me perusing on and needing to comprehend what will occur next ecause the story line and the clear detail on each page. I didn't generally disdain any pieces of the book as it kept me perusing on and I needed to peruse a greater amount of what going to occur. Katniss Everdeen †is Just attempting to recover her life to typical. Be that as it may, individuals of District 12 gander a t her distinctively now, and she's consistently on the radar in the Capitol. Presently that she's dominated the Hunger Matches, Katniss' family gets the chance to live in a pleasant house and will never go hungry.Her job as the family's provider is not, at this point required. The others in her region likewise get more food and will be in an ideal situation for at any rate a year, hanks to Katniss and Peeta's success in the field. To them, she's a legend, yet to herself, she's definitely not. It appears to be really clear what the most risky alternative of these is. It's harder to determine what was truly going on in her brain, however. More often than not, Katniss is brimming with self-hatred, particularly when she should conclude whether to flee or stick it out in District 12 and attempt to fght the Capitol.She needs her previous lifestyle back as she knew where she remained throughout everyday life; ‘l grieve my previous lifestyle here. We scarcely scratched by, yet I knew where I fit in, I recognized what my place was in the firmly entwined texture cap was our life. I wish I could return to it in light of the fact that, all things considered, it appears to be so secure contrasted and now, when I am so rich thus well known thus loathed by the experts in the Capitol. ‘ Peeta Mellark †Throughout the book, Katniss respects Peeta's capacity to make talks: and afterward I consider it, what Peeta can show improvement over the remainder of us.He can utilize words. He wrecked the remainder of the field at the two meetings. Also, perhaps this is a result of that basic goodness that he can move a group †no, a nation †to his side with the turn of a straightforward sentence. ‘ Peeta talks as normally as Katniss chases, however his ability isn't called for in the field as is hers. It's the result of pure chance that she winds up as the essence of the upset, at the same time feeling that Peeta would be vastly improved appropriate for the task.Peeta is somewhat of an inconsistency: he's one of the kindest and least egotistical characters in the book, but at the same time he's perhaps the best liar. At the point when the tributes have their last broadcast meets before the Quarter Quell, Peeta gets everyone's attention by delivering one as well as two superb falsehoods. These falsehoods, pregnant, are compelling to the point that the crowd appears to probably detonate. Storm Hawthorne †He and Katniss see each other on the grounds that they're both from the most unfortunate piece of town. He's an incredible tracker and a dependable supplier for his family.And he and Katniss have a long history together. Hurricane and Peeta are likewise totally different folks. Where Peeta is sacrificial, Gale is egotistical. He needs Katniss all to himself; while Peeta is set up to release her in the event that it will spare her life. Consider how Katniss approaches both folks with her arrangement of fleeing. Storm is all into it u ntil he discovers that Katniss expects Peeta to go, as well. Conversely, Peeta expects that Katniss would subterranean insect to bring Gale along, he's despite everything ready to follow her. In any case, Just on the grounds that Gale is narrow minded doesn't mean he's bad.It's sort of complimenting to Katniss that he needs her everything to himself, in spite of the fact that she wouldn't have the option to live with herself on the off chance that they abandoned Peeta. Despite the fact that Gale hasn't endured like Katniss has because of the Capitol, he's more than prepared to revolt. While Katniss is typically tentative and careful about the contradicting the Capitol, Gale is sure. He's tired of the principles, tired of watching his family go hungry, and tired of having no way out about his future. He's so immovably against the Capitol that he won't acknowledge a blessing Katniss brings him from the region.Gale has consistently been one for violating the law. Like Katniss, he's nee ded to poach to discover nourishment for his family, so complying with the law wasn't generally an alternative. Dissimilar to Katniss, however, Gale gets captured and is whipped nearly to death. As opposed to unnerve him into accommodation, however, Gale Just turns out to be much progressively hostile to Capitol. I would prescribe this book to any individual who preferences activity and sentiment books as this has both, activity from the games and insubordination and the sentiment from Peeta and Katniss.

A word about official documents COLUMBIA UNIVERSITY - SIPA Admissions Blog

A word about official documents COLUMBIA UNIVERSITY - SIPA Admissions Blog We are getting ready to release our 2015 application and some of the wording came into question What do we mean dont mail transcripts to our office when you are submitting an application?   This does not mean we dont want to see them or that they are not reviewed by the Admissions Committee.   Actually, contrary to what we say about not sending your transcripts, we actually do need to receive official transcripts. eventually.   If you are admitted and decide to enroll at SIPA, official documents must be mailed and received by us before you may register for classes. However, as an applicant, you may scan and upload unofficial transcripts to your application.   Your application will be reviewed with your unofficial records.   And you may be admitted with these records.   However, in order to enroll, we will need to verify your documents.   So please have your university or college send us official copies of your academic records (after you have been admitted).   This also applies to GRE, GMAT, TOEFL and IELTS scores.   These can all be entered by you into the application for review but again, they will need to be checked and verified with official records from ETS, GMAC, and the Cambridge Assessment Organization if you decide to enroll at SIPA.   Allowing you to upload and enter information into your application, allows us to process your application without unnecessary delays, then we can send them off to the Admissions Committee for review so the fun may begin. We offer enrolling students a few months to request and send in their official documents so no need to panic Unless youre a procrastinator and wait until a few weeks before Orientation (when course registration occurs).   Our Office of Student Affairs will put a hold on your account if we do not have a record of your official documents so you will not be able to register for classes and isnt one of the main reasons for coming here to take classes? Key point:   Scan and upload unofficial documents for application review but dont delay in having official documents sent to the Office of Admissions if you are admitted and plan to enroll.

Study Of Mutual Funds And Investors Perception About Them Finance Essay - Free Essay Example

Sample details Pages: 14 Words: 4091 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? EXECUTIVE SUMMARY Savings form an important part of die economy of any nation. With savings invested in various options available to the people, the money acts as the driver for growth of the country. Indian financial scene too presents multiple avenues to the investors. Don’t waste time! Our writers will create an original "Study Of Mutual Funds And Investors Perception About Them Finance Essay" essay for you Create order Though certainly not the best or deepest of markets in the world, it has ignited the growth rate in mutual fund industry to provide reasonable options for an ordinary man to invest his savings. Indian MF industry offers a plethora of schemes and serves broadly all type of investors. The range of products includes equity funds , debts, liquid, gilt, and balanced funds. There are also funds meant exclusively for young and old , small and large investors. Moreover, the stup of a legal structure, which has enough teeth to safeguard investors interest, ensures that the investors are not cheated out of their hard-earned money. One can avail of the benefits of better returns with added benefits of anytime liquidity by investing in open-ended debt funds at lower risk. Many people have burnt their fingers by investing in fixed deposits of companies who were assuring high returns but have gone bust in course of time leading to distraught investors as well as pending cases in the Company Law Board. This risk of default by any company that one has chosen to invest in, can be minimized by investing in mutual funds as the fund managers analyze the companies financials more minutely than an individual can do as they have the expertise to do so. They can manage the maturity of their portfolio by investing in instruments of varied maturity profiles. Since there is no penalty on pre-mature withdrawal, as in the cases of fixed deposits, debt funds provide enough liquidity. Moreover, mutual funds are better placed to absorb the fluctuations in the prices of the securities as a result of interest rate variation and one can benefits from any such price movement. Apart from liquidity, these funds have also provided very good post-tax returns on year to year basis. Apart from small retail investor, the industry can attract investments from institutional and big investors as well. Liquid funds offer liquidity as well as better returns than banks and so attract investors. Many funds provide anytime withdrawal enabling a big investor to take maximum benefits. Like we said earlier, the appeal of mutual funds cuts across investor classes. In other developed countries, mutual funds attract much more investments as compared to the banking sector but in India the case is reverse. We lack awareness about the benefits that are offered by these schemes. It is time that investors irrespective of their risk capacities, made intelligent decisions to generate better returns and mutual funds are definitely one of the ways to go about it. CONCEPTUAL FRAME WORK INTRODUCTION A mutual fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is invested by the fund manager in different types of securities depending upon the objective of the scheme. These could range from shares to debentures to money market instrument. The income earned through these investments and the capital appreciation realized by the scheme is shared by unit holders in proportion to the number of units owned by them (pro rata). Thus a mutual fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed portfolio at a relatively low cost. Anybody with an investible surplus of as little as a few thousand rupees can invest I mutual funds. Each mutual fund scheme has a defined investment objective and strategy. A mutual fund is the ideal investment vehicle for today complex and modern financial scenario. Markets for equity shares, bonds and othe r fixed income instruments, real estate, derivatives and other assets have become mature and information driven. Price changes in these assets are driven by global events occurring in faraway places. A typical individual is unlikely to have the knowledge, skills, inclination and time to keep track of events, understand their implications and act speedily. An individual also finds it difficult to keep track of ownership of his assets, investments, brokerage dues and bank tractions etc. A mutual fund is an answer to all these situations. It appoints professionally qualified and experienced staff that manages each of these functions on a full time basis. The large pool of money collected in the fund allows it to hire such staff at a very low cost to each investor. In effect, the mutual fund vehicle exploits economies of scale in all three areas -the research, investments and transaction processing. While the concept of individuals coming together to invest money collectively is not new , the mutual fund in its present form is a 20th century phenomenon. In fact, mutual funds gained popularity only after the second world war. Globally, there are thousands of firms offering tons of thousands of mutual funds with different investment objectives. Today ,mutual funds collectively managed almost as much as or more money as compared to banks. A draft offer document is to be prepared at the time of launching the fund. Typically, it pre specifies the investment objectives of the fund, the risk associated, the costs involved in the process and the broad rules for entry into and exit from the fund and other areas of operation. In India, as in most countries these sponsors need approval from a regulator, SEBI (securities exchange board of India) in our case. SEBI looks at track records of the sponsor nd its financial strength in granting approval to the fund for commencing operations. A sponsor then hires an asset management company to invest the funds according to t he investment objective. It also hires another entity to be the custodian of the assets of the fund and perhaps a third one to handle registry work for the unit holders (subscribers) of the fund. In the Indian context, the sponsors promote the Asset Management Company also, in which it holds a majority stake. In many cases a sponsor can hold a 100% stake in the Asset Management Company(AMC). Ex. Birla Global Finance is the sponsor of the Birla Sun Life Asset Management Company Ltd., which has floated different mutual funds schemes and also acts as an asset manager for the funds collected under the schemes. Mutual Funds invest basically in three types of asset classes. These include: Stocks: Stocks represent ownership or equity in a company. This asset class has historically outperformed all other asset classes over the long-term but tends to be more volatile in the short-term. Debt Instruments: This represents debt papers of corporate and government agencies. They provid e income in the form of interest payments and principal if held till maturity. There can be price volatility due to interest rate movements as well as economic and political instability. Money Market Instruments: These are inter-bank Call Money, Commercial Paper, Treasury Bills, Certificates of Deposit (CDs), Bill Rediscounting and short-term bonds. They pay interest and are the least volatile of all the asset classes. HISTORY OF INDIAN MUTUAL FUND INDUSTRY The mutual fund industry in India started in 1963 with the formation of Unit Trust of India, at the initiative of the Government of India and Reserve Bank of India. The history of mutual funds in India can be broadly divided into four distinct phases : First Phase 1964-87    Unit Trust of India (UTI) was established on 1963 by an Act of Parliament. It was set up by the Reserve Bank of India and functioned under the Regulatory and administrative control of the Reserve Bank of India. In 1978 UTI was de-linked from the RBI and the Industrial Development Bank of India (IDBI) took over the regulatory and administrative control in place of RBI. The first scheme launched by UTI was Unit Scheme 1964. At the end of 1988 UTI had Rs.6,700 crores of assets under management.  Second Phase 1987-1993 (Entry of Public Sector Funds) 1987 marked the entry of non- UTI, public sector mutual funds set up by public sector banks and Life Insurance Corporation of India (LIC) and Genera l Insurance Corporation of India (GIC). SBI Mutual Fund was the first non- UTI Mutual Fund established in June 1987 followed by Canbank Mutual Fund (Dec 87), Punjab National Bank Mutual Fund (Aug 89), Indian Bank Mutual Fund (Nov 89), Bank of India (Jun 90), Bank of Baroda Mutual Fund (Oct 92). LIC established its mutual fund in June 1989 while GIC had set up its mutual fund in December 1990. At the end of 1993, the mutual fund industry had assets under management of Rs.47,004 crores.  Third Phase 1993-2003 (Entry of Private Sector Funds)    With the entry of private sector funds in 1993, a new era started in the Indian mutual fund industry, giving the Indian investors a wider choice of fund families. Also, 1993 was the year in which the first Mutual Fund Regulations came into being, under which all mutual funds, except UTI were to be registered and governed. The erstwhile Kothari Pioneer (now merged with Franklin Templeton) was the first private sector mutual fund r egistered in July 1993.    The 1993 SEBI (Mutual Fund) Regulations were substituted by a more comprehensive and revised Mutual Fund Regulations in 1996. The industry now functions under the SEBI (Mutual Fund) Regulations 1996.    The number of mutual fund houses went on increasing, with many foreign mutual funds setting up funds in India and also the industry has witnessed several mergers and acquisitions. As at the end of January 2003, there were 33 mutual funds with total assets of Rs. 1,21,805 crores. The Unit Trust of India with Rs.44,541 crores of assets under management was way ahead of other mutual funds.  Fourth Phase since February 2003    In February 2003, following the repeal of the Unit Trust of India Act 1963 UTI was bifurcated into two separate entities. One is the Specified Undertaking of the Unit Trust of India with assets under management of Rs.29,835 crores as at the end of January 2003, representing broadly, the assets of US 64 scheme , assured return and certain other schemes. The Specified Undertaking of Unit Trust of India, functioning under an administrator and under the rules framed by Government of India and does not come under the purview of the Mutual Fund Regulations.    The second is the UTI Mutual Fund, sponsored by SBI, PNB, BOB and LIC. It is registered with SEBI and functions under the Mutual Fund Regulations. With the bifurcation of the erstwhile UTI which had in March 2000 more than Rs.76,000 crores of assets under management and with the setting up of a UTI Mutual Fund, conforming to the SEBI Mutual Fund Regulations, and with recent mergers taking place among different private sector funds, the mutual fund industry has entered its current phase of consolidation and growth.  The graph indicates the growth of assets over the years :  CONCEPT A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciation realised are shared by its unit holders in proportion to the number of units owned by them. Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. The flow chart below describes broadly the working of a mutual fund: ORGANISATION OF A MUTUAL FUND There are many entities involved and the diagram below illustrates the organisational set up of a mutual fund: Organisation of a Mutual Fund These are :- Establishes the mutual fund as a trust and registers with SEBI Managed by the board of trustees. Sponsor Company Hold unit holders funds in mutual fund. Enters into an agreement with SEBI. Mutual fund (For e.g. Reliance AMC) Floats mutual funds as per the regulations of SEBI regulations. Asset Management Company. Provides the network for distribution of schemes to the investors. Provides registrar and transfer services. Provides custodial services. Distributors Registrar Custodian Types of Mutual Fund Schemes Mutual fund schemes may be classified on the basis of its structure and its investment objective. By Structure Open-ended An open-end fund is one that is available for subscription all through the year. These do not have a fixed maturity. Investors can conveniently buy and sell units at Net Asset Value (NAV) related prices. The key feature of open-end schemes is liquidity. Close-ended A closed-end fund has a stipulated maturity period which generally ranging from 3 to 7 years. The fund is open for subscription only during a specified period. Investors can invest in the scheme at the time of the initial public issue and thereafter they can buy or sell the units of the scheme on the stock exchanges where they are listed. In order to provide an exit route to the investors, some close-ended funds give an option of selling back the units to the Mutual Fund through periodic repurchase at NAV related prices. SEBI Regulations stipulate that at least one of the two exit routes is provided to the investor. These mutual fund schemes disclose NAV generally on a weekly basis. Interval-Funds Interval funds combine the features of open-ended and close-ended schemes. They are open for sale or redemption during pre-determined intervals at NAV related prices. By Investment Objective Growth/Equity Oriented Schemes The aim of growth funds is to provide capital appreciation over the medium to long term. Such schemes normally invest a majority of their corpus in equities. It has been proved that returns from stocks, have outperformed most other kind of investments held over the long term. Growth schemes are ideal for investors having a long term outlook seeking growth over a period of time. Income/Debt Oriented Schemes The aim of income funds is to provide regular and steady income to investors. Such schemes generally invest in fixed income securities such as bonds, corporate debentures and Government securities. Income Funds are ideal for capital stability and regular income. Balanced Funds The aim of balanced funds is to provide both growth and regular income. Such schemes periodically distribute a part of their earning and invest both in equities and fixed income securities in the proportion indicated in their offer documents. In a rising stock market, the NAV of these schemes may not normally keep pace, or fall equally when the market falls. These are ideal for investors looking for a combination of income and moderate growth. Money Market Or Liquid Funds The aim of money market funds is to provide easy liquidity, preservation of capital and moderate income. These schemes generally invest in safer short-term instruments such as treasury bills, certificates of deposit, commercial paper and inter-bank call money. Returns on these schemes may fluctuate depending upon the interest rates prevailing in the market. These are ideal for Corporate and individual investors as a means to park their surplus funds for short periods. Gilt Fund These funds invest exclusively in government se ­curities. Government securities have no default risk. NAVs of these schemes also fluctuate due to changes in interest rates and other economic fac ­tors as is the case with income or debt-oriented schemes. Other Schemes Tax Saving Schemes These schemes offer tax rebates to the investors under specific provisions of the Indian Income Tax laws as the Government offers tax incentives for investment in specified avenues. Investments made in Equity Linked Savings Schemes (ELSS) and Pension Schemes are allowed as deduction u/s 88 of the Income Tax Act, 1961. PLANS THAT MUTUAL FUND OFFERS Mutual Funds in order to cater to a range of investors, have various investment plans. Some of the important investment plans include the following: Growth Plan Under the Growth Plan, the investor realises only the capital appreciation on the investment (by an increase in NAV) and does not get any income in the form of dividend. Income Plan Under the Income Plan, the investor realises income in the form of dividend. However his NAV will fall to the extent of the dividend. Dividend Re-investment Plan Here the dividend accrued on mutual funds is automatically re-invested in purchasing additional units in open-ended funds. In most cases mutual funds offer the investor an option of collecting dividends or re-investing the same. Systematic Investment Plan (SIP) SIP is similar to a Recurring Deposit. Every month an amount the investor chooses, is invested in a mutual fund scheme of his/her choice. Under this plan Investors invest a specific amount for a continuous period, at regular intervals. By doing this, the investor get the advantage of rupee cost averaging. Which means that by investing the same amount at regular intervals, the average cost per unit remains lower than the average market price, irrespective of how the market is rising, falling or fluctuating .i.e. with every fluctuation in the market the units are purchased systematically, thus resulting in averaging the purchase price. Whereas this is not true for a one-time investment. This is the reason why a SIP investor gets phenomenal rate of return compared to a one-time investor. Systematic Withdrawal Plan As opposed to the Systematic Investment Plan, the Systematic Withdrawal Plan allows the investor the facility to withdraw a pre-determined amount/units from his fund at a pre-determined interval. The investors units will be redeemed at the existing NAV as on that day. Retirement Pension Plan Some schemes are linked with retirement pension. Individuals participate in these plans for themselves, and corporate for their employees. Insurance Plan Some schemes launched by UTI and LIC offer insurance cover to investors. NET ASSET VALUE (NAV) NAV is the total asset value (net of expenses) per unit of the fund and is calculated by the Asset Management Company (AMC) at the end of every business day. Net asset value on a particular date reflects the realizable value that the investor will get for each unit that he his holding if the scheme is liquidated on that date. The performance of a particular scheme of a mutual fund is denoted by Net Asset Value (NAV). Mutual funds invest the money collected from the investors in securities markets. In simple words, Net Asset Value is the market value of the securities held by the scheme. Since market value of securities changes every day, NAV of a scheme also varies on day to day basis. The NAV per unit is the market value of securities of a scheme divided by the total number of units of the scheme on any particular date. For example, if the market value of securities of a mutual fund scheme is Rs 200 lakhs and the mutual fund has issued 10 lakhs units of Rs. 10 each to the in vestors, then the NAV per unit of the fund is Rs.20. NAV is required to be disclosed by the mutual funds on a regular basis daily or weekly depending on the type of scheme. CALCULATION OF NAV ADVANTAGES OF MUTUAL FUNDS 1. DIVERSIFICATION: Mutual Funds invest in a number of companies across a broad cross-section of industries and sectors. This diversification reduces the risk because seldom do all stocks decline at the same time and in the same proportion. You achieve this diversification through a Mutual Fund with far less money than you can do on your own. Thus, with smaller amounts you can achieve a higher degree of diversification and reduce your risk. 2. PROFESSIONAL MANAGEMENT: Most mutual funds pay topflight professionals to manage their investments. These managers decide what securities the fund will buy and sell. 3. RETURN POTENTIAL: Over a medium to long-term, Mutual Funds have the potential to provide a higher return as they invest in a diversified basket of selected securities. 4. LIQUIDITY: Its easy to get your money out of a mutual fund. In open-end schemes, the investor gets the money back promptly at net asset value related prices from the Mutual Fund. In closed-end scheme s, the units can be sold on a stock exchange at the prevailing market price or the investor can avail of the facility of direct repurchase at NAV related prices by the Mutual Fund. 5. CONVENIENCE: Investing in a Mutual Fund reduces paperwork and helps you avoid many problems such as bad deliveries, delayed payments and follow up with brokers and companies. Mutual Funds save your time and make investing easy and convenient. 6. TAX BENEFIT: Some mutual fund schemes offer you tax benefits under section 80C. 7. LOW COSTS: Mutual Funds are a relatively less expensive way to invest compared to directly investing in the capital markets because the benefits of scale in brokerage, custodial and other fees translate into lower costs for investors. 8. FLEXIBILITY: Through features such as regular investment plans, regular withdrawal plans and dividend reinvestment plans, you can systematically invest or withdraw funds according to your needs and convenience. Switch over option for switching to/from some other existing fund is also offered by some mutual funds. 9. AFFORDABILITY: Investors individually may lack sufficient funds to invest in high-grade stocks. A mutual fund because of its large corpus allows even a small investor to take the benefit of its investment strategy. 10. VARIETY OF SCHEMES: Mutual Funds offer a variety of schemes to investors thus giving an option to choose a scheme that suits the investors varying needs over a lifetime. 11. WELL REGULATED: All Mutual Funds are registered with SEBI and they function within the provisions and strict regulations designed to protect the interests of investors. The operations of Mutual Funds are regularly monitored by SEBI. TYPES OF RISK INVOLVED MARKET RISK The NAV of the scheme investing in equity will fluctuate as the daily prices of the individual securities in which they invest fluctuate and the units when redeemed may be worth more or less than the original cost. NON-MARKET RISK Bad news about an individual company can pull down its stock price, which can affect, negatively, funds holding a large quantity of that stock. This risk can be reduced by having a diversified portfolio that consists of a wide variety of stocks drawn from different industries. INTEREST RATE RISK Price of securities and interest rates move in opposite directions. When interest rates rise, security prices fall and this decline in underlying securities affects the NAV negatively. The extent of the negative impact is dependant on factors such as maturity profile, liquidity etc. CREDIT RISK Bonds are debt obligations. So when the funds invest in corporate bonds, they run the risk of the corporate defaulting on their interest payment and the principal payment obligations and when that risk crystallizes it leads to a fall in the value of the bond causing the NAV of the fund to take a beating. ASSOCIATION OF MUTUAL FUNDS IN INDIA (AMFI) With the increase in mutual fund players in India, a need for mutual fund association in India was generated to function as a non-profit organization. Association of Mutual Funds in India (AMFI) was incorporated on 22nd August, 1995. AMFI is an apex body of all Asset Management Companies (AMC) which has been registered with SEBI. Till date all the AMCs are that have launched mutual fund schemes are its members. It functions under the supervision and guidelines of its Board of Directors. Association of Mutual Funds India has brought down the Indian Mutual Fund Industry to a professional and healthy market with ethical lines enh ancing and maintaining standards. It follows the principle of both protecting and promoting the interests of mutual funds as well as their unit holders. As of now, all the 39 Asset Management Companies that are registered with SEBI are its members. AMFI functions under the supervision and guidance of a Board of Directors Its objectives are as follows: *It maintains a high professional and ethical standards in all areas of operation of the industry. *It also recommends and promotes the top class business practices and code of conduct which is followed by members and related people engaged in the activities of mutual fund and asset management *AMFI interacts with SEBI and works according to SEBIs guidelines in the mutual fund industry. *Association of Mutual Fund of India do represent the Government of India, the Reserve Bank of India and other related bodies on matters relating to the Mutual Fund Industry. *It develops a team of well qualified and trained Agent distributors. *It implements a programme of training and certification for all intermediaries and other engaged in the mutual fund industry. *AMFI undertakes all India awarness programme for investors inorder to promote proper understanding of the concept and working of mutual funds.

Bis245 Week 5 Lab - Er Diagram and Er Matrix/ Homework-Aid

BIS245 Week 5 Lab - ER Diagram and ER Matrix Click Link Below To Purchase: A. Lab # : BSBA BIS245A-5A B. Lab 5A of 7 : Database design using Visio, and based on data requirements and business rules focusing on normalizing data to third normal form. C. Lab Overview--Scenario/Summary: TCO(s): 2. Given a situation containing entities, business rules, and data requirements, create the conceptual model of the database using a database modeling tool. Scenario: You have been asked to create a database model using the MS Visio Database Model Diagram Template. The purpose of this lab is to provide experience normalizing the database to third normal form based on limited instructions, data requirements, and associated†¦show more content†¦b. One of the issues in denormalized data is that it can result in many-to-many relationships that are not compatible with the relational database. Visio does not allow creation of a many-to-many relationship because of this incompatibility. Therefore, for any many-to-many relationships in your data, you will need to create two one-to-many relationships. See the example below:Page 4 of 5 c. Based on the information from Step 1, create the initial ERD for the College Scheduling database including the many-to-many relationships. If you need assistance to create the entities, refer to labs from Weeks 1 and 2. d. Assign the primary keys and attributes from the data requirements to the proper entities. e. Save the file as YourName_Lab5A.vsd. Step 3: Normalize the database a. While the initial ERD is accurate, if you design a database without deviating from it, you will encounter problems. For example, a course is offered many times. If you use the course code, for example BIS245, as the primary key, you will only be able to list the course once. There are three possible solutions. 1. Assign another primary key, such as an auto-number field, so that the course can be listed multiple times. However, this is not acceptable because it introduces redundancy rather than reducing it. 2. Use a composite primary key consisting of the

Mental Illness And Crime Is Not Cause Crime And Violence

Conversations associating mental illness with extreme cases of violence have become, and continue to become, more and popular in the United States of America. Many people across the nation, and even in other countries around the world, are demanding answers to an outstanding number of questions. Why did these tragic events occur? Why do these tragic events continue to occur? Why is it that whenever a mass shooting occurs the suspect claims insanity? What is insanity? Are they telling the truth or is it just a cover up? Does mental illness really cause crime? There are so many questions all with varying supplementary scenarios however, I will focus on my belief that although mental illness does not cause crime and violence, it does contribute to it. I believe that the first and most important problem in this controversy is the lack of understanding what both mental illness and crime is. Robert Schug refers to both terms as â€Å"umbrella terms† in Stacy Mallicoat’s Crime and Criminal Justice: Concepts and Controversies (2016). Mental illness consists of numerous complex conditions that alters one’s state of mind with ranging severities and crime consists of varying levels of behaviors and actions that are against the law. The relationship that exists between mental illness and crime is not only crucial, but it is complex. When a crime is committed, ultimately the goal is for the offender to be rightfully charged and punished. But let’s say one who suffers from schizophrenia wasShow MoreRelatedMental Illness and Violent Crime1184 Words   |  5 PagesThe stereotype that goes hand in hand with mental illness that though seems to have improved over the years is still pervasive. Teplin, Abram McClelland (1994) state that people in general, believe that people with mental illness are more likely to commit violent crime with those without mental illness. In their study they seek to find evidence to that statement – to learn if having a mental illness increases the likeliness of violent crime and recidivism after release from prison. This authorRead MoreIn Recent Years, Violence Has Been Increasing And Causing1206 Words   |  5 PagesIn recent years, violence has been increasing and caus ing alarm due to the rising statistics and mass shootings. While most people see violence as a danger to our society, few try to understand what is really causing the violence. This literature review examines one approach to possibly reducing violence: better mental health care. This paper discusses the links between mental health and violence, and how proper medication and treatment can help to reduce violence in our communities. This reviewRead MoreKiana Griffin. 2 May 2017. Rhet 105 – M2. Rehabilitation1618 Words   |  7 PagesPunishment ​Mental health disorders are a significant cause of morbidity in prisons across the United States (U.S). Deinstitutionalization of the state’s mental health system has turned prisons into America’s â€Å"new asylums†; it has become a warehouse for the mentally ill. Our U.S prison rehabilitative services are not equipped to provide care and psychological treatment for the mentally ill which allows for these mental illnesses to persist, worsen or even trigger new ones. It can even cause inmates toRead MoreJames Holmes s View On Mental Illness1390 Words   |  6 Pageswhat’s right and what’s wrong during the period he committed the crime. Dr Jonathan Woodcock interviewed Holmes during the time he was in jail on July 24 just four days after the shooting occurred for two hours duration. Holmes’s testimony drew questions from prosecutors that doubted his analyzation of Holmes being severe delusional during the mass shooting. Doctor claimed that they found Holmes suffering from severe mental illness and because of that it made him act violently. 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It is so easy for anyone to get guns. About over 300 million have been made and sold to people in 2012, so there is a large supply of them. (My Turn: Should People withRead MoreMental Health and Violence Essay1563 Words   |  7 PagesAre people with mental illness more violent than the rest of the population? If you only listen to the media, you are sure to answer, â€Å"Yes†. However, most of us know that the media is not the most reliable source of information. In fact, the media has a Tendency to bend the facts, plucking out stories and statistics that colour the truth in order to popularize their Medium. Most people who have mental health problems experience symptoms, and gradually recover. They may pick Up where they leftRead MoreThe Effects Of Gun Shootings On The United States968 Words   |  4 Pages People with apparent psychological disorders have committed a number of serious gun crimes in the United States over the past several years resulting in numerous deaths and injuries. Children have been murdered by gunfire in their classrooms in Connecticut, moviegoers have been shot to death while watching a film in Colorado, and a member of Congress, her constituents, and bystanders have been gunned down in Arizona. And of course, Columbine is a word, the name of a town, now etched into the consciousnessRead MoreA Research On Public Safety1001 Words   |  5 Pagesfrequently on the move from one temporary dwelling situation to another† (Charmard, 2016). Many people wonder if they are homeless and move around how they cause an issue with society. Opposing to general opinion the common constantly homeless persons are not hardened violent felon, but someone with a disproportionately high arrest rate for crimes such as public intoxication, petty theft, and trespassing. How can po lice and law enforcement officials help these homeless people? 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The Living and The Dead Essay Example For Students

The Living and The Dead Essay Most Hated FatherIn the book, The Living and The Dead, by Sharon Olds the author makes writes poems about her view on images of life and death and what she associates each with. This anthology seems to be mostly influenced by her family, from her hated father and grandfather, to her growing children. Olds finds inspiration to associate life and death with her relatives. In The Living and The Dead Sharon Olds breaks the book into sections, starting first with a section on the dead, with subsections on public and family poems. In the public section one poem that stood out to me was entitled The Death of Marilyn Monroe, for it embodied everything about the woman that I have ever heard about her. Miss Monroe is spoken of by men from her time as being an angel, and otherworldly, and this poem shows the effect that her dead body had on two men who removed her body. In the poem, the men are not sad that Marilyn Monroe is dead, but they are in awe that they got to see her beauty right before their eyes. It affected these men for the rest of their lives, so much so that other women, living women still could not equal her to them. No one could match her to them.The main characters of the poems in this book come from, presumably the authors family.In the section on the Dead, Olds writes several poems; The Guild, The Eye, and All The Dead That Have Come to Me, This Once about how she hated her grandfather. The Guild tells of her memories of her father as a young college man sitting by the fire with his father, drinking their drinks, and sharing secrets of life. The poem is laced with a strong resentment for her grandfather, basically blaming him for the way that her father would later treat her. She calls her father an apprentice, one who is learning the ways, as she says of oblivion, on how to be a cruel person from his father. The Guild is in a sense the passage of knowledge from one man, a father to another man, a son. The Eye is almost a follow-up to The Guild, because it is about the speakers grandfather, the man the speaker loathes. The title refers to the fact that the grandfather has a glass eye (stated in both The Guild and The Eye). She sees her grandfather as a heartless man, one whom her father would adopt his awful ways. Her grandfather had no problem with putting an empty plate in front of a child for dinner, he would turn the lights out on the children when they would try to read, etc. She talks about how she pictured him at night, asleep with his wife, with one eye open, just a black void projected from him of evil. The image of the glass eye and of him being a bad man may be a parallel on the belief in the evil eye. It is believed by some that people who have been disfigured can be marked by the evil eye, and are capable of evil things, including being a cruel person. The fact that he has a glass eye in some way means that he is disfigured, and that when he sleeps he just has a blank stare suggest something is wrong. The last poem in this trilogy of hatred for her grandfather the speaker is telling of how she hopes that her grandfather is dead. The speaker states that she has never wished for anyone to be dead, but when news came to her that something had happened to her grandfather, she wished that he were indeed gone. She thought of some of the awful things that he had done to her. These three poems do not follow any particular form; they do not rhyme, and they dont have any set structure (stanzas, line breaks, etc. .u8395302ba49fcdceb2ce5b6a434c4f0a , .u8395302ba49fcdceb2ce5b6a434c4f0a .postImageUrl , .u8395302ba49fcdceb2ce5b6a434c4f0a .centered-text-area { min-height: 80px; position: relative; } .u8395302ba49fcdceb2ce5b6a434c4f0a , .u8395302ba49fcdceb2ce5b6a434c4f0a:hover , .u8395302ba49fcdceb2ce5b6a434c4f0a:visited , .u8395302ba49fcdceb2ce5b6a434c4f0a:active { border:0!important; } .u8395302ba49fcdceb2ce5b6a434c4f0a .clearfix:after { content: ""; display: table; clear: both; } .u8395302ba49fcdceb2ce5b6a434c4f0a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u8395302ba49fcdceb2ce5b6a434c4f0a:active , .u8395302ba49fcdceb2ce5b6a434c4f0a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u8395302ba49fcdceb2ce5b6a434c4f0a .centered-text-area { width: 100%; position: relative ; } .u8395302ba49fcdceb2ce5b6a434c4f0a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u8395302ba49fcdceb2ce5b6a434c4f0a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u8395302ba49fcdceb2ce5b6a434c4f0a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u8395302ba49fcdceb2ce5b6a434c4f0a:hover .ctaButton { background-color: #34495E!important; } .u8395302ba49fcdceb2ce5b6a434c4f0a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u8395302ba49fcdceb2ce5b6a434c4f0a .u8395302ba49fcdceb2ce5b6a434c4f0a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u8395302ba49fcdceb2ce5b6a434c4f0a:after { content: ""; display: block; clear: both; } READ: Thomas Jefferson Against His Republican Ideals Essay), they are just narratives on her feelings towards her grandfather. Her children inspire several of the poems in the section on the living, and all are written with a very clear pride in them. Rite of Passage is about