DISTANCE EDUCATION
M.Com. DEGREE EXAMINATION, MAY 2016.
INVESTMENT ANALYSIS AND PORTFOLIO
MANAGEMENT
(2005 Onwards)
Time Three hours Maximum 100 marks
SECTION A — 8 40 marks)
Answer any FIVE questions.
1. Explain the primary and subsidiary objectives of
investment.
2. Examine the tax sheltered schemes available in the
market.
3. Define risk and distinguish between systematic and
unsystematic risk.
4. Write short note on yield to maturity in bond investment.
5. Explain fundamental analysis in investment approaches.
6. What is a point and a figure chart? How is it used?
7. What are the evidences that support the EMH theory?
8. State the modern approach in the construction of the
portfolio.
Sub. Code
22
DE-3580
2
Ws7
SECTION B — 15 60 marks)
Answer any FOUR questions.
9. Define Markowiz diversification. Explain the statistical
method used by Markowitz to obtain the risk reducing
benefit.
10. Briefly explain the sharpe index optimal portfolio.
11. What are the basic assumptions of CAPM? What are the
advantages of adopting CAPM model in the portfolio
management?
12. Explain the Jensen index of portfolio performance.
13. "Swaps-help to avoid transaction costs". Explain.
14. Explain the process of investment undertaken by the
investor.
15. What do you meant by portfolio audit? What are the steps
involved in portfolio audit?