Management Programme
ASSIGNMENT
SECOND
SEMESTER
201
6
MS
-
44
:
Security Analysis and Portfolio Manageme
nt
School of Management Studies
INDIRA GANDHI NATIONAL OPEN UNIVERSITY
MAIDAN GARHI, NEW DELHI
–
110 068
M
S
-
44
ASSIGNMENT
Course Code
:
MS
-
44
Course Title
:
Security Analysis and Portfolio Management
Assign
ment Code
:
MS
-
44
/
TMA/
SEM
-
II /201
6
Coverage
:
All Blocks
Note:
Attempt all the
questions and submit this assignment on or before
31
st
October, 2
01
6
to
the
coordinator of your study cent
r
e
.
1.
Define Investment. Discuss the effect of changes in investment environment on
investment decisions. Explain the various types of risks involved in investment.
2.
(a) What is 'Primary Market’? Discus the importan
t developments that have taken place
recently in Indian primary market. .
(b)
What do you understand by Initial Public Offer (I.P.O.)? Who are allowed to make
an I.P.O.?Discuss the salient features of the SEBI guidelines on I.P.O.
3.
(a)
Critically evaluate the fundamental analysis. How is it useful to a prospective
investor?
(b) What are the various techniques of technical analysis? Explain the various challenges
to technical analysis.
4.
(a) What is Markowitz Portfo
lio Theory? Explain the basic assumptions of Markowitz
Theory.
(b) Explain the logic of the Arbitrage
-
Pricing Theory (APT).
Compare
and
contrast with the Capital Asset Pricing Model (CAPM) ?
5.
Critically evaluate
the three formula plans and suggest modification, if any, to make them
useful for investors in Indian Stock Market.
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