Abstract:
Investment Corporation of Bangladesh (ICB) is a statutory corporation. It is mainly an
investment bank. An investment bank is a financial institution, which by selling securities
and deployed funds to the detail economic unit's also buying underwriting securities.
The establishment ofICB along with re-opening ofDSE in the same year were two of the
far-reaching measures taken by the government to, on the one hand, accelerate the pace
of industrialization and on other hand, develop and well organized and active capital
market, primarily security market. ICB has hold now three subsidiary companies as on
July 1, 2002.1CB has adopted this new line of business policy for providing better
management, better and quick customer services, in sum from specialization.
The objective of the study is to gather knowledge that how ICB floats and manage the
open ended mutual fund. The business of the open ended mutual fund is to mobilize
savings from investors by way selling certificates and investing the funds in securities
from the primary and secondary markets so as to ensure maximum return for certificate
holders. It is invested in securities and money market securities as a single account.
Description:
This thesis submitted in partial fulfillment of the requirements for the degree of Bachelor in Business Administration of East West University, Dhaka, Bangladesh.
