Description

Overview:

Investments is an important textbook designed for courses in investment analysis for the MBA/PGDM program. It organizes material around a core set of consistent, fundamental principles and introduces students to key issues relevant to all investors today. The book provides intuitions to guide students and practitioners as they confront new ideas and challenges in their professional lives. It discusses the major issues currently of concern to all investors. The central theme of the book is the near efficiency of well-developed security markets, where most securities are appropriately priced based on their risk and return characteristics. Other key themes include the risk–return trade-off, the importance of asset allocation, and an in-depth exploration of futures, options, and other derivative markets.

Key Features:

• Comprehensive coverage of portfolio theory and asset allocation
• In-depth exploration of futures, options, and derivative markets
• Aligned with CFA Institute principles and curriculum standards
• Updated discussions on Fintech, ESG investing, and digital assets
• India-centric examples connecting theory to local market realities
• Detailed focus on Indian financial instruments and tax regulations