Portfolio investment and management approach of ICB AMCL Mutual Funds

Abstract

Investment Corporation of Bangladesh (ICB) was set up in 1976 with the goals of quickening industrialization and financial advancement of the nation through the improvement of capital market by mobilizing investment funds and empowering and progressing the scheme climate within the nation with specific prominence set on broadening the base and scope of speculations as well as pull in speculators. Throughout 44 years of operational activities, ICB has originated onward as a reliable, faithful and trustworthy public-sector division corporation. This internship report based on, one of the products of ICB named ICB Mutual Fund. The foundation of ICB was a challenging, thought-provoking and amazing choice occupied by the government, which helps to accelerates the speed of development of industrialization. Alternatively, ICB helped to create sound-organized, systematized and dynamic capital markets, fundamentally this is call the security market. ICB established three subsidiary companies on the date of July 1, 2002. ICB has incorporated this unexploited and idle line of trade approach for giving superior administration, superior, immediate and speedy client service and administrations. The objective of this internship report is to know that how ICB is operating and managing their portfolio of their Mutual Funds. In this internship report, in chapter 02, I emphasis on ICB and its historical background. Here I explained ICB’s products and services and functions. In chapter 03, I explained my experience on the job field of ICB. I elaborately emphasis my internship experiences and what type of activities I did in my internship program. Then, I analyzed ICB mutual funds and unit funds and tried to find out how they manage their portfolio and maintained this portfolio. Finally, I successfully completed my internship report by giving recommendations to ICB after analyzing different part of activities.