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Can chartered accountants become mutual fund agent?
A practicing company secretary or a chartered accountant cannot become a mutual fund distributor.
Is Fund Accounting a good career for CA?
As a CA fresher, fund accounting can be an edge over the regular accounting. Accounting coupled with knowledge of the fund set up process and taxation of the funds can take you a long way. Since the SEBI Regulations in 2012 a total of 288 funds ( Till January 2017) have been registered with SEBI.
How do I get a job working for a mutual fund?
The first criterion to be an entry-level mutual fund analyst is to have a bachelor’s degree in finance or similar discipline. That means if you have a graduate degree in economics, accounting, tax, investment analysis, or finance & accounts, you’re good to go. But don’t stop there.
Where do fund accountants work?
Those in the fund accountant role might work in the office of non-profits or government agencies, financial institutions, hedge funds, or investment funds.
What is the job profile of fund accountant?
Fund accountants conduct daily analysis of various financial metrics to help firms set a price or value of their funds. They also calculate and report income, expense, and item-specific accrual statements including a dividend or interest income worksheet and other schedules including a T-bill.
How to invest in mutual funds as a student?
The best part of investing in mutual funds as a student is that you don’t even need to get a job and earn money to make investments. A part of your allowance or pocket money can be set aside each month and the same can be invested in mutual funds through Systematic investment Plans.
How do I become a mutual fund manager?
People having 10-15 years of experience in mutual fund analysis and equity research can look forward to becoming a mutual fund manager. People who manage funds are called Fund Managers. A bachelor’s degree in economics, accounting, tax, and finance or investment analysis is a good starting point.
Which is the best mutual fund for students in India?
The Franklin India Low Duration Fund is the best option for students who wish to invest in mutual funds for the short term. It is a debt fund that allows investors to remain invested for just a few weeks if that is what they prefer. The risk profile of the scheme is relatively low and it has delivered returns of 9.63\% since it was launched.
What is the job description of a mutual fund analyst?
The typical work profile of a mutual fund analyst includes tracking debt market trends, tracking mutual fund manager’s performance, interacting with fund managers, preparing sector reports, preparing reports on mutual funds and new offerings, and meeting new clients. Mutual funds offer long-term career options.