Mastershares: A Bonanza for Large Investors

1991 ◽  
Vol 16 (1) ◽  
pp. 29-34 ◽  
Author(s):  
Samir K Barua ◽  
Jayanth R Varma

What is the performance of Mastershares the first all-equity, closed-end growth fund launched in 1986 by the Unit Trust of India — from the points of view of funds management, large investors and small investors? Samir K Barua and Jayanth R Varma examine this aspect using various portfolio measures suggested in the literature. According to them, from the perspective of funds management, Mastershares has outperformed the market. Its performance from the point of view of large investors holding Mastershares only as part of a diversified portfolio has also been excellent. However, from the point of view of investors who choose Mastershares as the principal vehicle for investment in equity, its performance is mediocre. Since most small investors are likely to be in this category and any mutual fund such as Mastershares ought to serve small investors, its inadequate performance is a matter of concern.

2018 ◽  
Vol 1 (2) ◽  
pp. 43-52
Author(s):  
Dr.Mukund Chandra Mehta ◽  
Prof Harmeet Kaur

Mutual funds are defined as a vehicle that pools the savings from number of small investors having predetermined investment objective and make large corpus of these savings and invest the same in a diversified portfolio. The income earned or the appreciation in the capital is then shared among the unit holders in proportion of their contribution in the corpus.Hence it is the most suitable investment option for small investors who do not have sufficient capital, as it enables them to invest in blue chip companies. Over the years SEBI has taken various measures to re-energize the growth of mutual fund industry. This paper attempts to analyze the growth pattern of mutual fund industries in India. Moreover it endeavors to study the response of investors to the wide variety of mutual fund schemes


In the article the analysis of nonsense, absurdity and paradox from the standpoint of linguistics is giv-en. Different points of view on these categories in relation to the meaning are considered. An attempt is made to reveal the commonality and specificity of nonsense, absurdity and paradox. Some researchers consider nonsense and paradox as a kind of absurdity. There is a dichotomous point of view on nonsense as one of the components of absurdity. However, there are works where these categories are differentiat-ed, for example, absurdity is understood as an ontological category, and nonsense as an epistemological category. There is a view of these categories through the allocation of "non-sense", "out-sense" and 136 "counter-sense" there is also a view that in the case of nonsense we are talking about the incompatibility of representations, and in the case of absurdity-the incompatibility of objects. If there are criteria that allow us to consider the presence of this phenomenon as natural, absurdity ceases to exist. Consequently, the view is expressed that nonsense, absurdity and paradox are different categories of thinking. Paradox is a contradiction arising from the presence of two or more common sense. The absurdity can be seen as a" counter-sense» opposing common sense and putting forward the concept of active impossibility of the latter's existence. As for nonsense, it is the meaning of metaphysical level – a meaning that goes beyond the ordinary meaning and creates new meanings. It is concluded that nonsense, absurdity and paradox are independent categories of human thinking, which is a manifestation of the cognitive function of hu-man consciousness.


2020 ◽  
Vol 72 (2) ◽  
pp. 236-242
Author(s):  
K. Galiyeva ◽  
◽  
S. Isakova ◽  

The article is devoted to the definition of concept in modern linguistics. Various points of view and definitions of the basic concepts are considered: "concept", "conceptual sphere", "content". The aim of the article is to describe and explain such a complex unit as a concept from the point of view of linguistics. The object of research is studied in its various manifestations, the combination of verbal and nonverbal means of information expression in the conceptual sphere is revealed. the relevance of this topic is due to the need for a detailed consideration of the concept of concept based on the works of prominent scientists and linguists. Researchers treat the concept as a cognitive, psycholinguistic, linguocultural, cultural and linguistic phenomenon. The concept is an umbrella term because it "covers" the subject areas of several scientific fields: primarily cognitive psychology and cognitive linguistics.


2021 ◽  
Vol 2021 ii (15) ◽  
pp. 146-182
Author(s):  
Haroula Hatzimihail ◽  
Ioannis Pantelidis

In this announcement, the various –linguistic and non-linguistic- symbols used in the literary work 'Around the world in 80 days', written by Jules Verne, are examined from an intertemporal and contemporary point of view. The references through these points of view, in matters of multiculturalism and multilingualism, are becoming classical in nature: they concern the necessity of the applied ability to communicate between individuals who belong to different social classes and age groups, speak the same or different languages, come from different cultures, with rights and obligations in their various areas of life, etc. Key-words: linguistics, multilingualism, multiculturalism, semiotics, semiotic systems, symbols


Author(s):  
Yulia Fanilevna Aitova ◽  

The article analyzes the issue of determining the legal status of the individual management body of a limited liability company. The author begins his research with the concept of legal status existing in the general theory of law, and then proceeds to consider the issue from the point of view of philosophical categories. In addition, the work explores the diversity of points of view existing in the doctrine regarding the legal status of the individual management body of economic societies.


2017 ◽  
Vol 7 (1.1) ◽  
pp. 60
Author(s):  
R. Udhayasankar ◽  
K. Maran

Mutual fund is four decades old in India.  It was started by UTI during the year 1964 with few schemes for small investors. During this short span of time it has made tremendous growth in Indian small investors. But now a day’s its volume of investors and sources of investment also growing tremendous level. Moreover mutual fund scheme have added new dimension to overcome financial risk of small investors and also in fund raising capacity of corporate sectors. Mutual fund investors can diversify even more by purchasing different kind of stocks which will helps to spreading out investors’ money across different types of derivative instruments and hence it reduces the risk tremendously up to certain extent and it is automatically diversify in a predetermined category of investments. This serves bridge work between small investors and corporate sectors likewise considering those points in this paper is an attempt to know the investors’ perceptions towards selected mutual funds. This paper makes an attempt to identify various factors affecting perception of investors regarding investment in mutual funds. The findings will helpful to identify the investors’ interest base and factors clearly and it reveals that the investors consider mutual funds as flexible investment option and it creates interest of investment among small investors.


2005 ◽  
Vol 19 (27) ◽  
pp. 1403-1410 ◽  
Author(s):  
E. ALLARIA ◽  
R. MEUCCI ◽  
D. MUGNAI ◽  
A. RANFAGNI ◽  
C. RANFAGNI

The question of the superluminal speed of information was stopped at crossroads in the last few years. According to one point of view, this speed must be limited to the light velocity in vacuum, whereas a different point of view is more open in this respect and, under specific conditions, this limit is considered surmountable. Very recently, a third approach (based on the hypothesis of a local broken Lorentz-invariance) was proposed and, if confirmed, would go beyond the controversy of the two points of view mentioned above. It is therefore worthwhile to recall attention to this problem, which is far from having a definite solution. The present paper reports some experimental results (similar to those of Ref. 1) which can contribute to these discussions, and also considers the fact that they seem to give some support to the aforesaid third approach, although revised in terms of decaying waves.


2018 ◽  
Vol 56 ◽  
pp. 01003
Author(s):  
Victor Sinitsyn ◽  
Pavel Menshikov ◽  
Vyacheslav Kutuev

The article deals with the question of the effect of explosive characteristics of emulsion explosives on the shotpile width. Currently, there are two main points of view to select an efficient type of explosive, which contributes to the qualitative destruction (fragmentation) of coarse clastic rocks. The first is based on the assumption that the detonation velocity of explosives must correspond to the break-down point of the rock (dynamic compression). Another point of view is that the detonation pressure of explosives determines only the head part of the pulse, on which the rock fragmentation is dependent only near the charge, in the contact zone around the borehole. The fragmentation of the entire rock volume within a given borehole array depends on the total magnitude of the explosion pulse, determined not by the detonation velocity, but by the total energy reserve of the explosive charge. Experimental explosions with some of the most common industrial explosives have been carried out in the current conditions of blasting of borehole charges by various types of industrial explosives from the point of view to select the most important parameter, which determines its influence on the shotpile width The investigations have been carried out according to the data obtained to establish that the energy properties of explosives (heat of explosive transformation and density of explosives) determine the decisive influence on the shotpile width, and the operability, the volume of the released gases, the detonation velocity for the change in the shotpile width have very little effect and may not be taken into account in calculations for the prediction of the shotpile.


Author(s):  
Patrick Emonts ◽  
Erez Zohar

In these lecture notes, we review some recent works on Hamiltonian lattice gauge theories, that involve, in particular, tensor network methods. The results reviewed here are tailored together in a slightly different way from the one used in the contexts where they were first introduced. We look at the Gauss law from two different points of view: for the gauge field, it is a differential equation, while from the matter point of view, on the other hand, it is a simple, explicit algebraic equation. We will review and discuss what these two points of view allow and do not allow us to do, in terms of unitarily gauging a pure-matter theory and eliminating the matter from a gauge theory, and relate that to the construction of PEPS (Projected Entangled Pair States) for lattice gauge theories.


2021 ◽  
Vol 27 (3) ◽  
pp. 148-154
Author(s):  
Natalia A. Guz ◽  
Yulia G. Babicheva

The purpose of the work is to explore the point of view in Vasily Shukshin's short stories in its systematic and diverse manifestation. Topicality is provided by the exceptional significance of this category in narratology. The study of the point of view based on the material of short stories by Vasily Shukshin has been conducted for the first time. The article briefly traces the history of scientific understanding of the category of point of view in foreign and Russian philology and notes the variety of approaches and definitions in the formulation of the concept. The authors use the classification of Boris Uspenskij for analysis and consider the point of view in Vasily Shukshin's short stories in psychological, ideological (evaluative), spatial-temporal and phraseological terms. The positions of Boris Korman, Yuri Lotman, Wolf Schmid and Franz Karl Stanzel also take into account. The authors note the features of Vasily Shukshin's narration that affect the expression of the point of view in the text. Vasily Shukshin's short stories are characterised by a dynamic and frequent change of points of view, which indicates the technique of “montageˮ and similarities in this regard with cinematic techniques. The conclusions generalise the variety of ways and forms of expression of the point of view in the studied artistic material. The point of view in the considered stories is characterised by variability in the correlation of subjects of speech and subjects of consciousness, alternation of external and internal points of view, mutual transitions from one to the other, text interference and other hybrid phenomena.


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