Mutual Fund Operations Internship : Money Making Trading Courses (Mentorchamp Edtech Pvt. Ltd.) is offering a 3-month full-time internship for those interested in Mutual Fund Operations across Thane, Navi Mumbai, Dombivli, Kalyan, Mumbai, Vashi, Turbhe, Panvel, and nearby locations. The selected interns will receive a stipend of ₹8,000-10,000/month and may receive a job offer upon successful completion of the internship.
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Table of Highlights
| Job Title | Mutual Fund Operations Intern |
|---|---|
| Company | Money Making Trading Courses (Mentorchamp Edtech Pvt. Ltd.) |
| Location | Thane, Navi Mumbai, Dombivli, Kalyan, Mumbai, Vashi, Turbhe, Panvel |
| Work Type | In-office |
| Start Date | Immediately |
| Duration | 3 Months |
| Stipend | ₹8,000-10,000/month |
| Application Deadline | 21 Nov 2024 |
| Job Offer | Available on successful completion |
| Number of Openings | 5 |
| Perks | Certificate, Letter of recommendation, Flexible work hours, 5 days a week, Job offer |
About Money Making Trading Courses
Mentorchamp Edtech Pvt. Ltd. is a leading online education company specializing in stock market courses since 2018. With over 100,000+ app downloads and 35,000+ students, they have established themselves as one of the most trusted names in stock market education. The company continues to grow and innovate, aiming to help even more students succeed in the stock market industry.
Key Responsibilities
As a Mutual Fund Operations Intern, your daily tasks will include:
- Onboarding Clients: Assist in onboarding individual, corporate, and minor investment accounts on the Bombay Stock Exchange (BSE).
- Order Execution: Execute systematic investment plans (SIP), systematic withdrawal plans (SWP), systematic transfer plans (STP), redemptions, dividends, and switches for mutual fund clients.
- Client Reporting: Prepare and send periodic performance and other relevant reports to clients.
- Reconciliation: Reconcile accounts and portfolios on a daily, weekly, and monthly basis.
- Research: Conduct thorough research on various mutual funds to provide informed recommendations to clients.
- Platform Management: Manage and operate multiple popular mutual fund trading platforms, including BSE STAR MF, IFA Planet, ICICI Prudential Technology, and FundzBazar.
- Compliance: Ensure compliance with SEBI, AMFI, and other regulatory bodies.
- Client Support: Respond promptly and effectively to client inquiries regarding their investments and account-related matters.
Skills Required For Mutual Fund Operations Internship
- Advanced Excel: Proficiency in MS-Excel for managing data and reports.
- Stock Trading: Basic knowledge of mutual funds and stock trading operations.
- Mutual Fund Knowledge: A strong understanding of mutual fund products and operations.
Who Can Apply For Mutual Fund Operations Internship?
This internship is ideal for candidates who:
- Are available for a full-time (in-office) internship.
- Can start the internship between 22nd Oct’24 and 26th Nov’24.
- Are available for a duration of 3 months.
- Are from or open to relocating to Thane, Navi Mumbai, Dombivli, Kalyan, Mumbai, Vashi, Turbhe, Panvel, and neighboring cities.
- Have relevant skills and interests in mutual fund operations and stock trading.
- Women wanting to start/restart their career are encouraged to apply.
Additional Requirements
- Mutual Fund Knowledge: Candidates must have a solid understanding of mutual fund products and operations.
- Educational Qualification: A candidate must be a graduate or above.
Perks and Benefits
- Certificate: Gain formal recognition for your efforts.
- Letter of Recommendation: Enhance your professional credibility.
- Flexible Work Hours: Work with a flexible schedule.
- 5 Days a Week: Enjoy a balanced work schedule with weekends off.
- Job Offer: On successful conversion to a permanent employee, the candidate can expect a salary of ₹3,00,000 to ₹4,00,000 per year.
Q&A Section : Mutual Fund Operations Internship
1. What are the key responsibilities of a Mutual Fund Operations Intern?
As an intern, you will handle account onboarding, execute various types of mutual fund transactions, prepare reports, and ensure compliance with SEBI and AMFI regulations.
2. What skills are essential for Mutual Fund Operations Internship?
The most important skills include Advanced Excel, knowledge of mutual funds, and a good understanding of stock trading platforms.
3. What is the duration of the Mutual Fund Operations Internship?
The internship lasts for 3 months.
4. Is this a paid Mutual Fund Operations Internship?
Yes, the stipend is ₹8,000 to ₹10,000 per month.
5. Are there any job offers post-Mutual Fund Operations Internship?
Yes, interns who successfully complete the internship may be offered a full-time role with a salary ranging from ₹3,00,000 to ₹4,00,000 per year.
6. How should I prepare for an interview at Money Making Trading Courses?
Research the mutual fund industry, and be prepared to discuss your understanding of systematic investment plans (SIP), systematic withdrawal plans (SWP), and other mutual fund operations.
7. What platforms will I be working on?
You will manage and operate platforms like BSE STAR MF, IFA Planet, ICICI Prudential Technology, and FundzBazar.
8. What are the working hours?
The internship offers flexible work hours, but it is a full-time, in-office role.
9. Can I apply if I am from a nearby city?
Yes, candidates from Thane, Navi Mumbai, Dombivli, Kalyan, Mumbai, Vashi, Turbhe, Panvel, and neighboring areas can apply.
10. What qualifications are required for Mutual Fund Operations Internship?
Candidates must be graduates or hold a higher degree with a good understanding of mutual funds and stock trading.
Tips & Tricks to Crack the Interview : Mutual Fund Operations Internship
1. What should I highlight about my experience?
Showcase your mutual fund knowledge and any experience with stock trading or financial platforms.
2. How should I prepare for Excel-related questions?
Brush up on Advanced Excel functions, including data analysis, and be ready to explain how you’ve used Excel for financial reporting.
3. How can I stand out in the mutual fund operations area?
Demonstrate a clear understanding of mutual fund processes such as SIPs, SWPs, and redemptions, and provide examples of how you’ve managed similar tasks.
4. What should I research before the interview?
Learn about SEBI and AMFI regulations and how they apply to mutual fund operations.
5. How can I showcase my customer service skills?
Provide examples of how you’ve handled client inquiries regarding their investments and your approach to providing solutions.
6. How should I approach compliance questions?
Be familiar with the regulations from SEBI, AMFI, and other relevant bodies, and explain how you ensure compliance in mutual fund operations.
7. How can I demonstrate my ability to manage multiple platforms?
Discuss your experience with financial platforms and your ability to juggle tasks while maintaining attention to detail.
8. What research should I do about the company?
Understand Mentorchamp Edtech Pvt. Ltd.’s role in the education sector and its focus on stock market courses.
9. How can I show my interest in financial markets?
Discuss any personal or academic projects related to mutual funds, stock trading, or financial analysis.
10. How should I prepare for technical questions?
Review the basics of mutual fund transactions and compliance standards in the financial industry.
How to Apply : Mutual Fund Operations Internship
Click Here to apply for the Mutual Fund Operations Internship at Money Making Trading Courses and take the first step toward building a career in the financial industry.
“This internship post gives a well-rounded overview of the Mutual Fund Operations Internship at Mentorchamp Edtech Pvt. Ltd. Providing more information about career advancement and the platforms used will make it even more appealing. Highlighting specific learning outcomes and detailing flexible work hours would also help attract candidates. Overall, it’s a great opportunity for those looking to start or restart a career in financial operations!”