Substance abuse in Veterans Research Paper Example | Topics and Well Written Essays - 750 words

Substance abuse in Veterans - Research Paper Example These drugs provide relief for a short lifespan. However, this can in turn bring a heavy aftermath after the lapse. Its effects include nightmares, addiction, anxiety, flashbacks, suicide, overdose, sleeplessness, depression, aggressiveness, loneliness and even in the worst scenario; death (Lewis, Dana & Blevins, 2011) Stress forms a greater influence than any other cause and it greatly hinders a person’s mentality. The soldiers especially those from Iraq and Afghanistan, tend to overuse opioids a lot as a way of relieving stress. Most of them don’t use it because of physical injury, but because they want to erase the painful memories of their lost ones in the army. Hence, they misuse these drugs to relieve dark memories. Some veterans also use excessive hard drugs as a supplement of the opiates in case they don’t manage to get one. One of the majorly abused illegal drugs was heroin. This was because of fear from war tensions .Heroin abuse was largely used by Vietnam veterans. Battles needed courage and bravery; and that is why a huge number of soldiers used these drugs to boost their confidence. Injured soldiers especially those with severe cases were prescribed powerful painkillers which provided pleasure in return. The most prescribed painkillers included hydrocodone, oxycodone and meperidine. These drugs were commonly abused by being injected or sniffed in the blood system by the patients. These painkillers provided a similar feeling like the heroin. Excessive opioids brought about addiction which made most of them captive. The patients later turned to the abuse of painkillers which served as alternative opioids, having been controlled by the Department of Veteran Affairs. Opioids also caused anxiety and sleeplessness. Flashbacks were also recorded by the veterans causing them to scream or cry when sleeping. The patients sometimes took huge amounts of the painkillers whether prescribed or not, and

How effective was the persecution of the Christians for the Romans Essay

How effective was the persecution of the Christians for the Romans - Essay Example Christianity was not begun within the social spheres of the more prominent people of the time period. The beliefs were spread through the impoverished, the lesser citizenry of Rome, and through connecting to the needs of those who were suffering. Therefore, those who believed became a threat to those who were satisfied with the state of society. One of the ways in which to eradicate the belief, or so thought those of prominence within the Roman Empire, was to martyr believers. The problem with creating a martyr is that a rallying point is created. Thus, the martyrdom of Christians within the Roman Empire became an act that helped to promote the beliefs, rather than a way to eradicate them. Because of the persecution of the Christians by the Romans, the religion found power within the martyrdom of its people, thus giving it needed sympathy which allowed for the beliefs to be spread further. The Christians of the first centuries were the anti-establishment group that came up against a goliath of a political system that was defined by its ties to the ritualized worship of the Roman people to the pagan gods. Christians refused to participate, putting their own beliefs above Rome, thus becoming enemies of the state. An example of the persecution of Christians can be found through the experiences of Vibia Perpetua through the firsthand account of Tertullian. Through understanding the sympathy that is created through the terrible events of the persecution, the psychology of martyrdom can help to explain part of the way in which the plight of these early Christians helped to further the expansion of the religion. Christians: The Hippies of Rome Despite the desire to eradicate the Christians, this was not an action that originated because of an objection to that belief. Nero used the Christians as a scapegoat in order to find a plausible criminal element behind the fire in Rome, although Tacitus wrote that Nero had ordered the fire (Cairnes, 1996, p. 27). Tacitus (109 A .C.E.) stated that â€Å"Therefore to stop the rumor, he falsely charged with guilt, and punished with the most fearful tortures, the persons commonly called Christians† (p, 286). Christians were used, according to the belief of Tacitus, which suggests was the common belief of the time period, as a scapegoat in order to alleviate political pressures. The first emperor of Rome to begin widespread persecution of Christians was Domitian (81AD to 95AD), the last emperor of the Flavian Dynasty. Belief was not an issue with the Romans, but the refusal to honor the emperor through sacrifice and to confer to him proclaimed divinity provided a fuel with which to separate the empire from the Christian sect and to begin retribution for this insult (Peters, 2005, p. 246). However, the close association with the Jewish community in Rome did not help the Christian cause. The Jewish community, during Domitian’s time, had refused to pay a tax that was to support the Capitolinus Jupite r. The Christians were the easier target to punish, although why it was effective as punitive to the Jewish community is unclear. One of the most potent uses of the Christian ‘plague’ in Rome was to focus on their participation in the economic difficulties of the age. One of the examples that can be appreciated is that the lucrative idol making business was harmed by the lack of

Personal statment to get accepted into LIU. topic can be on anything Statement

Statment to get accepted into LIU. topic can be on anything perferabbly about their nursing program - Personal Statement Example As a nurse I believe I will be able to work with and help people from different walks of life. Having done a thorough research, now I am convinced that LIU is the place to fulfil my academic aspirations from. LIU’s mission of opening world gates for men and women from all the different ethnic, social and economic backgrounds wishing to render themselves to the service of humanity particularly captures my interest. The goal of awakening, enlightening and expanding the mental faculties of its graduates says just everything. The institutionalization and appreciation of diversity as a strength just matches my personal value of interacting with different world cultures. I personally have always wished to be part of an educational system that permits intellectual freedom, independent scholarship and application of knowledge to the service of community. I will be honoured greatly to be selected as a student in the LIU nursing program. My interest in nursing is largely the result of a passion for serving in the medical field and be in a career that allows me to positively change lives. I am very passionate about helping others, it is most fulfilling & valuable thing for me and I believe as a nurse I will be better placed to do what I like every day. LIU’s nursing program aims at preparing graduates who will combine science, compassion and care to serve. The college’s goal of churning out graduate nurses who are competent, effective in leading change through compassionate care, management and nurse education responds to the requirements of the changing role played by nurses in the entire medical continuum. By studying for my nursing program at the university therefore, I will come our as an effective leader, well prepared and ready for the challenges of today’s society. Apart from academics, I am one very outgoing individual who actively takes part in games & sports, club activities and academic forums. I

Substance abuse in Veterans Research Paper Example | Topics and Well Written Essays - 750 words

Substance abuse in Veterans - Research Paper Example These drugs provide relief for a short lifespan. However, this can in turn bring a heavy aftermath after the lapse. Its effects include nightmares, addiction, anxiety, flashbacks, suicide, overdose, sleeplessness, depression, aggressiveness, loneliness and even in the worst scenario; death (Lewis, Dana & Blevins, 2011) Stress forms a greater influence than any other cause and it greatly hinders a person’s mentality. The soldiers especially those from Iraq and Afghanistan, tend to overuse opioids a lot as a way of relieving stress. Most of them don’t use it because of physical injury, but because they want to erase the painful memories of their lost ones in the army. Hence, they misuse these drugs to relieve dark memories. Some veterans also use excessive hard drugs as a supplement of the opiates in case they don’t manage to get one. One of the majorly abused illegal drugs was heroin. This was because of fear from war tensions .Heroin abuse was largely used by Vietnam veterans. Battles needed courage and bravery; and that is why a huge number of soldiers used these drugs to boost their confidence. Injured soldiers especially those with severe cases were prescribed powerful painkillers which provided pleasure in return. The most prescribed painkillers included hydrocodone, oxycodone and meperidine. These drugs were commonly abused by being injected or sniffed in the blood system by the patients. These painkillers provided a similar feeling like the heroin. Excessive opioids brought about addiction which made most of them captive. The patients later turned to the abuse of painkillers which served as alternative opioids, having been controlled by the Department of Veteran Affairs. Opioids also caused anxiety and sleeplessness. Flashbacks were also recorded by the veterans causing them to scream or cry when sleeping. The patients sometimes took huge amounts of the painkillers whether prescribed or not, and

Personal statment to get accepted into LIU. topic can be on anything Statement

Statment to get accepted into LIU. topic can be on anything perferabbly about their nursing program - Personal Statement Example As a nurse I believe I will be able to work with and help people from different walks of life. Having done a thorough research, now I am convinced that LIU is the place to fulfil my academic aspirations from. LIU’s mission of opening world gates for men and women from all the different ethnic, social and economic backgrounds wishing to render themselves to the service of humanity particularly captures my interest. The goal of awakening, enlightening and expanding the mental faculties of its graduates says just everything. The institutionalization and appreciation of diversity as a strength just matches my personal value of interacting with different world cultures. I personally have always wished to be part of an educational system that permits intellectual freedom, independent scholarship and application of knowledge to the service of community. I will be honoured greatly to be selected as a student in the LIU nursing program. My interest in nursing is largely the result of a passion for serving in the medical field and be in a career that allows me to positively change lives. I am very passionate about helping others, it is most fulfilling & valuable thing for me and I believe as a nurse I will be better placed to do what I like every day. LIU’s nursing program aims at preparing graduates who will combine science, compassion and care to serve. The college’s goal of churning out graduate nurses who are competent, effective in leading change through compassionate care, management and nurse education responds to the requirements of the changing role played by nurses in the entire medical continuum. By studying for my nursing program at the university therefore, I will come our as an effective leader, well prepared and ready for the challenges of today’s society. Apart from academics, I am one very outgoing individual who actively takes part in games & sports, club activities and academic forums. I

International Journal of Accounting and Financial Essay Example for Free

International Journal of Accounting and Financial Essay ABSTRACT The role of Indian mutual fund industry as significant financial service in financial market has really been noteworthy. In fact, the mutual fund industry has emerged as an important segment of financial market of India, especially in channelizing the savings of millions of individuals into the investment in equity and debt instruments. Mutual funds are seemingly the easiest and the least stressful way to invest in the stock market. Quiet a large amount of money has been invested in mutual funds during the past few years. Any investor would like to invest in a reputed Mutual Fund organization. Mutual funds are financial intermediaries concerned with mobilizing savings of those who have surplus and the canalization of these savings in those avenues where there is a demand for funds. These intermediaries employ their resources in such a manner as to provide combined benefits of low risk, steady return, high liquidity and capital appreciation through diversification and expert management. Reforms in the  Indian economic system and the opening up of the economy have been the reasons for the tremendous growth in the Indian capital market. This study analyzes the impact of different demographic variables on the attitude of investors towards mutual funds. Apart from this, it also focuses on the benefits delivered by mutual funds to investors. To this end, 200 respondents of Solapur City, having different demographic profiles were surveyed. The study reveals that the majority of investors have still not formed any attitude towards mutual fund investments. KEYWORDS: Mutual Fund, Investors, Solapur City INTRODUCTION Mutual fund is a pool of money collected from investors and is invested according to certain investment options. A mutual fund is a trust that pools the saving of a no. of investors who share a common financial goal. A mutual fund is created when investors put their money together. It is, therefore, a pool of investor’s fund. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciations realized are shared by its unit holders in proportion to the no. of units owned by them. The most important characteristics of a fund are that the contributors and the beneficiaries of the fund are the same class of people namely the investors. The term mutual fund means the investors contribute to the pool and also benefit from the pool. The pool of funds held mutually by investors is the mutual fund. A mutual fund business is to invest the funds thus collected according to the wishes of the investors who created the pool. Usually the investor’s appoint professional investment managers create a product and offer it for investment to the investors. This project represents a share in the pool and pre status investment  Pritam P. Kothari Shivganga C. Mindargi  objectives. Thus, a mutual fund is the most suitable investment for a common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at relatively low cost. EVOLUTION OF INDIAN MUTUAL FUND INDUSTRY The formation of Unit Trust of India marked the evolution of the Indian mutual fund industry in the year 1963. The primary objective at that time was to attract the small investors and it was made possible through the collective efforts of the Government of India and the Reserve Bank of India. The history of mutual fund industry in India can be better understood divided into following phases: Establishment and Growth of Unit Trust of India 1964-87 Unit Trust of India enjoyed complete monopoly when it was established in the year 1963 by an act of Parliament. UTI was set up by the Reserve Bank of India and it continued to operate under the regulatory control of the RBI until the two were de-linked in 1978 and the entire control was transferred in the hands of Industrial Development Bank of India (IDBI). UTI launched its first scheme in 1964, named as Unit Scheme 1964 (US-64), which attracted the largest number of investors in any single investment scheme over the years. UTI launched more innovative schemes in 1970s and 80s to suit the needs of different investors. It launched ULIP in 1971, six more schemes between 1981-84, Childrens Gift Growth Fund and India Fund (Indias first offshore fund) in 1986, Mastershare (Inidas first equity diversified scheme) in 1987 and Monthly Income Schemes (offering assured returns) during 1990s. By the end of 1987, UTIs assets under management grew ten times to Rs 6700 crores. Entry of Public Sector Funds 1987-1993 The Indian mutual fund industry witnessed a number of public sector players entering the market in the year 1987. In November 1987, SBI Mutual Fund from the State Bank of India became the first non-UTI mutual fund in India. SBI Mutual Fund was later followed by Canbank Mutual Fund, LIC Mutual Fund, Indian Bank Mutual Fund, Bank of India Mutual Fund, GIC Mutual Fund and PNB Mutual Fund. By 1993, the assets under management of the industry increased seven times to Rs. 47,004 crores. However, UTI remained to be the leader with about 80% market share. 1992-93 UTI Public Sector Total Amount Mobilised 11,057 1,964 13,021 Assets Under Management 38,247 8,757 47,004 Mobilisation as % of Gross Domestic Savings 5.20% 0.90% 6.10% Emergence of Private Secor Funds 1993-96 The permission given to private sector funds including foreign fund management companies (most of them entering through joint ventures with Indian promoters) to enter the mutal fund industry in 1993, provided a wide range of choice to investors and more competition in the industry. Private funds introduced innovative products, investment techniques and investor-servicing technology. By 1994-95, about 11 private sector funds had launched their schemes. Growth and SEBI Regulation 1996-2004 The mutual fund industry witnessed robust growth and stricter regulation from the SEBI after the year 1996. The mobilization of funds and the number of players operating in the industry reached new heights as investors started showing more interest in mutual funds. A Study of Investors Attitude towards Mutual Fund with Special Reference to Inversotrs in Solapur City Investors interests were safeguarded by SEBI and the Government offered tax benefits to the investors in order to encourage them. SEBI (Mutual Funds) Regulations, 1996 was introduced by SEBI that set uniform standards for all mutual funds in India. The Union Budget in 1999 exempted all dividend incomes in the hands of investors from income tax. Various Investor Awareness Programmes were launched during this phase, both by SEBI and AMFI, with an objective to educate investors and make them informed about the mutual fund industry. Growth and Consolidation 2004 Onwards The industry has also witnessed several mergers and acquisitions recently, examples of which are acquisition of schemes of Alliance Mutual Fund by Birla Sun Life, Sun FC Mutual Fund and PNB Mutual Fund by Principal Mutual Fund. Simultaneously, more international mutual fund players have entered India like Fidelity, Franklin Templeton Mutual Fund etc. There were 29 funds as at the end of March 2006. This is a continuing phase of growth of the industry through consolidation and entry of new international and private sector players. Indian mutual fund industry reached Rs 1,50,537 crore by March 2004. It is estimated that by 2010 March-end, the total assets of all scheduled commercial banks should be Rs 40,90,000 crore. The annual composite rate of growth is expected 13.4% during the rest of the decade. In the last 5 years there is an annual growth rate of 9%. According to the current growth rate, by year 2010, Mutual fund  India assets will be double FEATURES THOSE INVESTORS LIKE IN MUTUAL FUND If mutual funds are emerging as the favorite investment vehicle it is because of the many advantages. They have over other forms and avenues of investing parties for the investors who has limited resources available in terms of Capital and ability to carry out detailed reserves and market monitoring. These are the major advantages offered by mutual fund to all investors: Professional Management Mutual Funds provide the services of experienced and skilled professionals, backed by a dedicated investment research team that analyses the performance and prospects of companies and selects suitable investments to achieve the objectives of the scheme. Diversification Mutual Funds invest in a number of companies across a broad cross-section of industries and sectors. This diversification reduces the risk because seldom do all stocks decline at the same time and in the same proportion. You achieve this diversification through a Mutual Fund with far less money than you can do on your own. Convenient Administration Investing in a Mutual Fund reduces paperwork and helps you avoid many problems such as bad deliveries, delayed payments and follow up with brokers and companies. Mutual Funds save your time and make investing easy and convenient. Return Potential Over a medium to long-term, Mutual Funds have the potential to provide a higher return as they invest in a diversified basket of selected securities. Pritam P. Kothari Shivganga C. Mindargi Low Costs Mutual Funds are a relatively less expensive way to invest compared to directly investing in the capital markets because the benefits of scale in brokerage, custodial and other fees translate into lower costs for investors Liquidity In open-end schemes, the investor gets the money back promptly at net asset value related prices from the Mutual Fund. In closed-end schemes, the units can be sold on a stock exchange at the prevailing market price or the investor can avail of the facility of direct repurchase at NAV related prices by the Mutual Fund Transparency You get regular information on the value of your investment in addition to disclosure on the specific investments made by your scheme, the proportion invested in each class of assets and the fund managers investment strategy and outlook Flexibility Through features such as regular investment plans, regular withdrawal plans and dividend reinvestment plans, you can systematically invest or withdraw funds according to your needs and convenience Affordability Investors individually may lack sufficient funds to invest in high-grade stocks. A mutual fund because of its large corpus allows even a small investor to take the benefit of its investment strategy. Well Regulated All Mutual Funds are registered with SEBI and they function within the provisions of strict regulations designed to protect the interests of investors. The operations of Mutual Funds are regularly monitored by SEBI. DISADVANTAGES OF MUTUAL FUNDS Above I have mentioned the various advantages of Mutual Funds but it also suffers from a lot of drawbacks as the market is volatile and it is ever affected by national as well as international factors, these days we can see that crude oil prices in International market has become an important factor  in determining the market movement. Here are some disadvantages as cited by me and by survey: Fluctuating Returns Mutual funds are like many other investments without a guaranteed return: there is always the possibility that the value of your mutual fund will depreciate. Unlike fixed-income products, such as bonds and Treasury bills, mutual funds experience price fluctuations along with the stocks that make up the fund. When deciding on a particular fund to buy, you need to research the risks involved just because a professional manager is looking after the fund, that doesn’t mean the performance will be always good Diversification Although diversification is one of the keys to successful investing, many mutual fund investors tend to over diversify. The idea of diversification is to reduce the risks associated with holding a single security; over diversification (also known as diversification) occurs when investors acquire many funds that are highly related and, as a result, don’t get A Study of Investors Attitude towards Mutual Fund with Special Reference to Inversotrs in Solapur City the risk reducing benefits of diversification. At the other extreme, just because you own mutual funds doesn’t mean you are automatically diversified. For example, a fund that invests only in a particular industry or region is still relatively risky. For example: Sect oral Funds Cash and More Cash As you know already, mutual funds pool money from thousands of investors, so everyday investors are putting money into the fund as well as withdrawing investments. To maintain liquidity and the capacity to accommodate withdrawals, funds typically have to keep a large portion of their portfolios as cash. Having ample cash is great for liquidity, but money  sitting around as cash is not working for you and thus is not very advantageous. Costs Mutual funds provide investors with professional management, but it comes at a cost. Funds will typically have a range of different fees that reduce the overall payout. In mutual funds, the fees are classified into two categories: shareholder fees and annual operating fees. The shareholder fees, in the forms of loads and redemption fees are paid directly by shareholders purchasing or selling the funds. The annual fund operating fees are charged as an annual percentage usually ranging from 1-3%. These fees are assessed to mutual fund investors regardless of the performance of the fund. As you can imagine, in years when the fund doesn’t make money, these fees only magnify losses. Figure 1: Structure of Mutual Fund A mutual is a set up in the form of trust, which has sponsor, trustee, assets management company (AMC) and custodian. Sponsor is the person who acts alone or in combination with another body corporate and establishes a mutual fund. Sponsor must contribute at least 40% of the net worth of the investment managed and meet the eligibility criteria prescribed under the Securities and Exchange Board of India (Mutual Funds) regulations, 1996. The sponsor is not responsible or liable for any loss or shortfall resulting from the operation of the schemes beyond the initial contribution made by it towards setting up of Mutual Fund. The Mutual Fund is constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882 by the Sponsor. Trustee is usually a company (corporate body) or a board of trustees (body of individuals). The main responsibility of the trustee is to safeguard the interest of the unit holders and also ensure that AMC functions in the interest of investors’ and in accordance with the Securities and Exchange Board of India (Mutual Fund) Regulations 1996 the provisions of the Trust deed and the offer Document of the respective schemes. The AMC is appointed by the Trustees Pritam P. Kothari Shivganga C. Mindargi as the investment Manager of the Mutual Fund. The AMC is required to be approved by SEBI to act as an asset management company of the Mutual Fund. The AMC if so authorized by the Trust Deed appoints the Registrar and Transfer Agent to agent the mutual fund. The registrar processes the application form, redemption requests and dispatches account statements to the unit holders. The Registrar and Transfer agent also handles communications with investors’ and updates investor records. REVIEW OF LITERATURE Lenard et., al. (2003) empirically investigated investor’s attitudes toward mutual funds. The results indicate that the decision to switch funds within a fund family is affected by investor’s attitude towards risk, current asset allocation, investment losses, investment mix, capital base of the fund age, initial fund performance, investment mix, fund and portfolio diversification. The study reported that these factors are crucial to be considered before switching funds regardless of whether they invest in non-employer plans or in both employer and non-employer plans. Bollen (2006) studied the dynamics of investor fund flows in a sample of socially screened equity mutual funds and compared the relation between annual fund flows lagged performance in SR funds to the same relation in a matched sample of conventional funds. The result revealed that the extra-financial SR attribute serves to dampen the rate at which SR investors trade mutual funds. The study noted that the differences between SR funds and their conventional counterparts are robust over time and persist as funds age. The study found that the preferences of SR investors may be represented by conditional multi-attribute utility function (especially when SR funds deliver positive returns). The study remarked that mutual fund companies can expect SR investors to be more loyal than investors in ordinary funds. Walia and Kiran (2009) studied investor’s risk and return perception towards mutual funds. The study examined investors perception towards risk involved in mutual funds, return from mutual funds in comparison to other financial avenues, transparency and disclosure practices. The study investigated  problems of investors encountered with due to unprofessional services of mutual funds. The study found that majority of individual investors doesn’t consider mutual funds as highly risky investment. In fact on a ranking scale it is considered to be on higher side when compared with other financial avenues. The study also reported that significant relationship of interdependence exists between income level of investors and their perception for investment returns from mutual funds investment. Saini et., al. (2011) analyzed investor’s behavior, investors’ opinion and perception relating to various issues like type of mutual fund scheme, its objective, role of financial advisors / brokers, sources of information, deficiencies in the provision of services, investors’ opinion relating to factors that attract them to invest in mutual and challenges before the Indian mutual fund industry etc. The study found that investors seek for liquidity, simplicity in offer documents, online trading, regular updates through SMS and stringent follow up of provisions laid by AMFI. Singh (2012) conducted an empirical study of Indian investors and observed that most of the respondents do not have much awareness about the various function of mutual funds and they are bit confused regarding investment in mutual funds. The study found that some demographic factors like gender, income and level of education have their significant impact over the attitude towards mutual funds. On the contrary age and occupation have not been found influencing the investor’s attitude. The study noticed that return potential and liquidity have been perceived to be most lucrative benefits of investment in mutual funds and the same are followed by flexibility, transparency and affordability. STATEMENT OF THE PROBLEM Mutual funds have their drawbacks and may not be for everyone. No investment is risk free. If the entire stock market declines in value, the value of mutual fund shares will go down as well, no matter how balanced the portfolio. A Study of Investors Attitude towards Mutual Fund with Special Reference to Inversotrs in Solapur City Investors encounter fewer risks when they invest in mutual funds than when they buy and sell stocks on their own. However, anyone who invests through a mutual fund runs the risk of losing money. All funds charge administrative fees to cover their day-to-day expenses. Some funds also charge sales commissions or â€Å"loads† to compensate brokers, financial consultants, or financial planners. When he invests in a mutual fund, they depend on the fund’s manager to make the right decisions regarding the fund’s portfolio. If the invests in Index Funds, they foregoes management risk, because these funds do not employ managers. Though these are the problems in the investment of mutual funds, in the recent days most of the investors preferred to invest their funds on mutual funds. In this background, the research has made an attempt to study the investors’ preference for mutual funds in Solapur City. LIMITATIONS OF THE STUDY The present study is based upon the results of survey conducted on 200 mutual fund investors. The implications of the study are subject to the limitations of sample size, psychological and emotional characteristics of surveyed population. SCOPE OF THE STUDY This paper provides Future of Mutual Funds industry information as well as awareness level amongst people for Mutual Funds. Also this project report of Mutual Funds gives an outlook to management as to how the mutual funds are performing in the current market situation as a result what may be the future of this industry. This paper on mutual funds is informative the students who want to understand and undertake assignments in the industry. This study also facilitates the general people who can understand the importance and explore the new option for investment in Mutual Funds. Different financial institutions provide services that are both complementary to and competitive with each other. A well built financial system directly contributes to the growth of the country. RESEARCH METHODOLOGY This study is descriptive in nature based on survey method. The study aims at finding out the attitude of the investors towards investment in mutual funds in Solapur city. This study was based mainly on primary sources. The primary data was collected from the investors of mutual funds with help of the questionnaire. The secondary data were collected from the books, records and journals. By adopting convenience sampling, 200 respondents were selected for this study. The essential data were collected with the help of questionnaire. The data collected from the period of January 2011 to April 2011. DATA ANALYSIS AND INTERPRETATION Figure: 2 Showing Pattern of Investment Pritam P. Kothari Shivganga C. Mindargi From above figure it is clear that 75% investors are invested in open ended schemes where as 15% invested in closed ended schemes in mutual fund. Figure: 3 Reason for Investment in Mutual Fund From above figure it is clear that and 42% investors say that they invested money in mutual fund for tax assumption. 33% investors say that they invested money in mutual fund for higher returns. 16% investors say that they invested money in mutual fund for value creation in fund. 9% investors say that they invested money in mutual fund for other reason. Figure: 4 Showing the Reason of Investors that not Invested Money in Mutual Fund From above figure is clear that 50% investors say that they not interested to invest money in mutual fund. 33% investors say that they have imperfect knowledge in mutual fund, so they are not invested. 8.5% investors say that they invested in govt. bond. 8.5% investors has other reason so they not invested money in mutual fund. Figure: 5 Showing Type of Investment Investors Should be Preferred A Study of Investors Attitude towards Mutual Fund with Special Reference to Inversotrs in Solapur City From above figure it is clear that investors invest money in fixed deposits. 15 25% investors invest money in gold/real estates. 17% investors invest money in mutual fund. 8% investors invest money in bond/debentures. Remaining 17% investors invest money in shares. Figure: 6 Showing Returns Investor get from their Investment From above figure it is clear that 70% investors are gaining 5-15% returns from their investment. 23% are gaining 15-30% returns from their investment. 5% investors are gaining 30-45% returns from their investment. Remaining only 2% investors is gaining above 45% returns from their investment. Figure: 7 Showing Duration of Investment From above it is clear 80% investors are dealing in short term duration whereas 20% investors are dealing in long term duration. Figure: 8 Showing the Investors Experience in Mutual Fund Pritam P. Kothari Shivganga C. Mindargi From above figure it is clear that 73% investors say that they are having bad experience in mutual fund. 12% investors say that they are having good experience in mutual fund. Remaining 15% investors say that their experience is ok. FINDINGS AND SUGGESTIONS Findings †¢The trend for investment is changing rapidly besides the traditional pattern of investment and people today they are ready to undertake risk and also bear the volatility of changing mutual fund market scenario. †¢This shows that people with Middle Income Group are more attractive this market and are ready to bear the risk. †¢It is observed that 75% investors have invested open ended schemes that they want higher returns on their investment rather than investing in closed ended schemes in mutual fund. †¢It is observed that 42% investors have invested money for tax assumption.33% investors have invested money for higher returns in their investment.16% investors have invested money for value creation in fund. And remaining 9% investors have invested money for other reason. †¢It is observed that 50% investors have not interested to invest money in mutual fund.33% investors have imperfect knowledge so they not invested money in mutual fund.9% investors find govt. securities bond is better that’s way they not invested money in mutual fund. And remaining 8% investors have other reason so they not invested money in mutual fund. †¢It is observed that more businessmen were inclined towards investing in current account. The ladies were inclined to invest their money in Gold and jewelleries. Service class people and retired class people prefer more saving and fixed deposits People with high income. †¢It is observed that 70% investors have invested to getting returns in the range of 5-15% which shows in short span of time they are getting good returns and more than expectations. †¢It is observed that 80% investors have invested in short term duration which indicates the investors have not ready to invest in long term period due to various risks associated with long term duration of investment. †¢On asking how they get knowledge of mutual fund a large number of them attributed to print media. Even banks today follow the role of the investment advisors. Very few get any information from the e-media or Hence, AMCs must increase the awareness about their product through Electronic media (TVs, Cables, Radios etc.) as well as and should not just constrained itself to the print advertisement those who do not read newspaper. SUGGESTIONS Investor’s Point of View The question that entire customer, irrespective of the age group and financial status, think of is- Are mutual funds are a safe option? What makes them safe? The basis of mutual fund industry’s safety is the way the business is defined and regulation of law. Since the mutual fund invests in the capital market instruments, so proper knowledge is essential. Hence the essential requirement is well informed seller and equally informed buyer who  understands and helped them to understand the product (here we can say the capital market and the money market instruments) is the essential preconditions. A Study of Investors Attitude towards Mutual Fund with Special Reference to Inversotrs in Solapur City Being Prudent Investor One Should †¢Ask one’s agent to give details of different schemes and match the appropriate ones. †¢Go to the company records or the fund house regarding any queries if one is not satisfied by the agents. †¢Investors should always keep an eye on the performance of the scheme and other good schemes as well which are available in the market for the closed comparison. †¢Never invest blindly in the investments before going through the fact sheets, annual reports etc. of the company. Since, according to the Guidelines of SEBI The AMCs are bound to disclose all the relevant data that is necessary for the investment purpose of investors. Company’s (Mutual Fund Companies) Point of View  Following measures can be taken by the company for getting higher investments in the mutual fund schemes: †¢Educate the agents or the salesmen properly so that they can take up the queries of the customer effectively. †¢Set up separate customer care divisions where the customers can anytime pose their query, regarding the scheme or the current NAV etc. These customer care units can work out in accordance with the requirements of the customer and facilitates them to choose the scheme that suits their financial status. †¢Conduct seminars or programs about mutual fund where every information about the product is outlined including the risk factor associated with the different classes of assets. †¢Brokers should reduce the brokerage charges for intra day and delivery based so that the investor can save more amounts to generate extra investment for the investor as well as for the Mutual Fund companies. †¢Mutual Fund companies should try to increase the promotion and advertisement strategies for awareness of Mutual fund in solapur city. CONCLUSIONS The mutual fund industry is growing at a tremendous pace. A large number of plans have come up from different financial resources. With the stock markets oaring the investors are attracted towards these schemes. Only a small segment of the investors still in Mutual Funds and the main source  sources of information still are the financial advisors followed by advertisements in different media. The Indian investors generally invest over period of 2-3 years. Also there is a tendency to invest in fixed deposits due to the security attached to it. In order to excel and make mutual funds a success, companies still need to create awareness and understand the psyche of the Indian customer. REFERENCES Agapova, Anna, 2011, „The Role of Money Market Mutual Funds in Mutual Fund Families , Journal of Applied ‟ 1. Finance, Vol. 21, Issue. 1, pp. 87-102. Agarwal, Vikas; Boyson, Nicole M.; Naik, Narayan Y, 2009, „Hedge Funds for Retail Investors? An Examination of Hedged Mutual Funds , Journal of Financial Quantitative Analysis, Vol. 44, Issue 2, pp. 273-305. ‟ 2. 12 Pritam P. Kothari Shivganga C. Mindargi 3. A. Vennila, R. Nandhagopal(2012) â€Å"Investors’ Preference towards Mutual Funds in Coimbatore City European Journal of Social Sciences ISSN 1450-2267 Vol.29 No.1 (2012), pp. 115-125 4. Binod Kumar Singh (2011) â€Å"A Study on Investors’ Attitude towards Mutual Funds as an Investment Option† JOURNAL OF ASIAN BUSINESS STRATEGY, VOL. 1(2): 8-15 5. Badrinath, S.G Gubellini, S, (2011), „On the characteristics and performance of long-short, market-neutral and bear mutual funds , Journal of Banking Finance, Vol. 35 Issue 7, pp.1762-1776. ‟ 6. Dranikoff L, Koller, T. and Schneider, A, â€Å"Divestiture: Strategy’s Missing Link†, Harvard Business Review, May 2002, 80 (5). 7. Dr.Nishi Sharma (2009) â€Å"Indian Inverstors Perception towards mutual funds† Business Management Dynamics Vol.2, No.2, Aug 2012, pp.01-09 8. Gil-Bazo, Javier; Ruiz Verd, Pablo, 2009, „The Relation between Price and Performance in the Mutual Fund Industry , Journal of Finance, Vol. 64, Issue 5, pp. 2153-2183. ‟ 9. Hansen M and Nohria N, â€Å"What’s your Strategy for Managing Knowledge?† Harvard Business Review, MarchApril, 1999, 77 (2).1 10. Journal of Marketing, 32 (October), 65-68, 1968. 11. Rajeswari, T.R., and V.E. RamaMoorthy, 2001, An Empirical Study on Factors Influencing the Mutual Fund Scheme Selection by Retail Investors . Retrieved on May 2010 http://www.utiicm .com/Cmc/PDFs/ ‟ 2001/rajeswari.pdf. 12. Singh, Chander, 2004, „Performance of mutual funds in India – an empirical evidence , ICFAI journal of applied ‟ finance December, pp. 81-98. 13. Subbash C. Jain, â€Å"Marketing Planning and Strategy†, South Western College Publishing, Sixth Edition, 2000. 14. Singh, B. K. and Jha, A.K. 2009, „An empirical study on awareness acceptability of mutual fund , Regional ‟ Student s Conference, ICWAI, pp. 49-55. ‟ 15. Winer, C. Strategic Thinking: An executive Perspective, Upper Saddle River, Prentice Hall, 2000

Leons Theory of Language Development

Leons Theory of Language Development The learning process of language in children is shaped by the social phenomena that the child is immersed in, where these social phenomena be non-verbal or verbal dyadic or polyadic interactions between the child and others. Lourdes De Leons (1998) paper The Emergent Participant: Interactive Patterns in the Socialization of Tzotzil (Mayan) Infants demonstrates how different social activities that a child is immersed in reflect their development of language through the Tzotzil (Mayan) infant community, located in the highlands of Chiapas, Mexico. Leon successfully evidently shows that children are immersed into different social polyadic interactions even before they have learned the language allowing them to develop their own roles that reflect their language skills. The Tzotzil (Mayan) infant communities demonstrate how the children gain knowledge of their language by participating in multiparty interactions (Leà ³n 1998, p.134) where these interactions are verbal or non-verbal. As the child develop knowledge about social identities of other participants, interactive goals of the activity, and how the structure of verbal and non-verbal communication is performed, the children are able occasionally form and assign their own roles in a social phenomenon called the addressee, embedded speaker, side participant, over hearer, and the eavesdropper. Leon proposes that children emerge as social participants (Leà ³n 1998, p.134) further highlighting that even before learning the Tzotzil language, the Mayan children are immersed in the multiparty interactions demonstrating that the roles assigned to the children in polyadic interactions reflect the childs development of language. A childs development in language does not depend on a minimum number of social phenomena that the child is able to participate in but it depends on the dyadic address between the child and the mother.   Dyadic interactions are the childs main source of learning experience for language as the child spends the majority of their time with their mothers eaves dropping conversations. Leons studies of two early Tzotzil (Mayan) infants, named Mal and Mersi, were monitored and were observed to be immersed in dyadic, close bodily interaction (Leà ³n 1998, p.151) with their parents from their birth. At a very young age the infants are mainly assigned with the role of the eaves dropper as the parent is the only speaker in the dyadic interaction. Rhetorical questions and eye level communication are observed to be used by the parent towards the child to achieve conjoint attention and compliance (Leà ³n 1998, p.151). The infants are able to participate at the age of four months old and are assigned to the role of an over hearer or an implied participant in a dyadic interaction where words are put into their mouths by the parent. Similarly, these rhetorical questions are used by the parent to allow the child to participate in a conversation as an embedded speaker (Leon 1998, p.146). In Leons findings, the Mayan families routinely immerse the infants in social activities where the parent tells the infant to address other family members which in turn allows the child to develop an understanding of how communication is performed. By the age of eight months, the infants are able to communicate verbally and non-verbally with the parent and the dyadic interaction of close bodily interaction is transformed into long distance verbal monitoring. The long distance verbal monitoring is evident when Mersi makes a guttural sound towards the caregiver to indicate that she needed to urinate demonstrating a trans formation from an eaves dropper to a virtual speaker (Leon 1998, p.139) in a dyadic interaction event. This interactive pattern of dyadic interactions relative to time with the parent and the infant is reflected through the results of the two Tzotzil (Mayan) infants language growth from being unable to speak to being able to communicate verbally and non-verbally with others. Leon demonstrates that infants in society require minimal conversational interaction (Leon 1998, p.143) in the stages before transitioning from a baby to a child and can develop their language skills through non-verbal communication that are dyadic or polyadic during social phenomena such as recognizing faces and following movement. In the daily lives in the Tzotzil community of extended families, there are many routine activities such as greetings which encourage the infants to participate in the greeting as a third party. During the studies of the two Tzotzil (Mayan) infants, the four month old Mersi was able to participate in a short greeting event between her parent and a passerby where she was sharing the parents viewpoint by rotating her head as she stared at the passing greeter thus participating in the routine activities which demonstrates how the infant is identified as a side participant in the event. Rhetorical questions and motherese (Leon 1998, p.144) is used towards the infant by the parent to achieve joint attention (Leon 1998, p.144). From Leons studies, the reply that the Mayan infants give back towards the parent is a childs babbling indicating that the infant has the role of an addressee in a conversation and has gained the slightest knowledge of how to communicate. This successfully demonstrates that children require minimal conversational interaction to develop language skills by participating in non-verbal interactions that are dyadic or polyadic. The studies of Lourdes De Leons (1998) paper The Emergent Participant: Interactive Patterns in the Socialization of Tzotzil (Mayan) Infants, Leon demonstrated how the learning process of language is reflected due to different social phenomena that infants are immersed in. These different social phenomena can be non-verbal or verbal dyadic or polyadic interactions enabling the child to take on different roles in an event despite having no knowledge of a specific language. However, dyadic interactions between mother and child which do not require speaking are the main sources of how an infant develop language and culture which is evident through the two monitored Mayan infants, Mal and Mersi.