my project mutual fund

8/3/2019 My Project Mutual Fund

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CHAPTER: 1

INTRODUCTION


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Introduction to the Company

Stock Holding Corporation of India Ltd. (SHCIL) was incorporated at the special

initiative of the Government of India as a Public Limited Company in 1986. It has been

jointly promoted and owned by the All India Banks and Financial Institutions, viz., LIC,

GIC and its subsidiaries, ICICI Bank, UTI, IDBI, IFCI and IIBI, all leaders in their fields

of business.

SHCIL began by offering custodial and post trading services, adding depository services

and other services to its portfolio over a period of time.

SHCIL has established itself in India as a one-stop solution provider in the Financial

Services domain.

SHCIL maintains dedicated communication channels, well connected to Clientinstitutions, Stock Exchanges, Clearing houses and Depositories, thus maintaining

process & quality leadership.

As a custodian entrusted with sizeable assets, SHCIL is continuously leveraging its scale

and capabilities to help its clients mitigate risk and optimise efficiencies with greater

control.

VISION

To be a global major in providing complete investment solutions, with relentless focus on

investor care, through superior efficiency and complete transparency.

APPROACH

VALUE FOR INVESTORS TRUST:SHCIL values the trust reposed in by the clients

and is committed to uphold it at all cost.

INTEGRITY AND HONESTY:Integrity, honesty and transparency are the underlying

principles in all our dealings.


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PERSONALISZED ATTENTION: The most valued asset is our relationship with the

clients, which has been built over years by giving personalized attention.

NETWORK WHICH WORKS: SHCIL has a vast network extending to 200+

cities/towns ensuring easy accessibility, convenience and hassle free trading experience

RESEARCH BASED ADVISORY SERVICES: SHCIL offers proactive and timely

world class research based advice and guidance to its clients to enable them to take

informed decisions.

Core Values of SHCIL

1. Safety & Efficiency of Operations is a hallmark of SHCIL2. Professionalism & Integrity3. Customer First4. Relationship building5. Commitment to Quality irrespectiveof asset size


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COREVALUES


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SERVICESPROVIDEDBYTHECOMPANY

Financial Institutions Mutual Funds Banks (Nationalized, Scheduled, Public Sector, Private Sector, Co-operative,

Foreign)

Insurance Companies foreign Institutional Investors Corporate Venture Capital Companies Foreign Venture Capital Companies PF Trusts Clearing and Settlement services

Post tradingservicesSHCIL has specially trained personnel handling thousands of trade instructions involving

large values on sophisticated systems using digital signature on STP (Straight Through

Processing) systems, ensuring smooth trade confirmations to Stock Exchanges.

Physical Custody (Vault) Services

SHCIL has extensive Vault capacity with state-of-the-art technology. This includes

tracking with bar-coding techniques. Certificates are held in customized, fire resistant

Modular Sliding Storage Units, with automated location tracking, and Logs with tight

security

Institutionaldpservices

Depositories, viz. NSDL (National Securities Depository Ltd.) and CDSL (CentralSHCIL has installed dedicated DPMs (Depository Participant Modules) on both the

Depository Services (India) Ltd).


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Client Relationship ManagementEvery Institutional client is assigned to an experienced Client Relationship Manager who

assists in resolving special issues relating to the client.

Over and above the services offered we have a premium offering called ADVAIT, an

integrated, web-based, online reporting system which provides a single window access to

institutional reports with enhanced security features

Derivatives Processing (Custodian & Clearing)

Mutual Fund Distribution utilizing our Pan-India presence with more than 150 centers in

A, B, C class cities and towns of India.

SHCILPRODUCTS45

ADD SHARES

Use the dematerialized shares in your account as a collateral to get you a loan.

EQUIBUY

Purchase shares now without coordinating with brokers or worrying about your

settlement obligation at the exchange.

FUND INVEST

Invest in a wide range of Mutual Funds schemes.

GOI BONDS

Subscribe to Relief Bonds issued by the GOI and hold them in the electronic mode with

SHCIL, RBI authorized intermediary.

INSURANCE

Corporate Agent of Life Insurance Corporation for Life Insurance products and New

India Assurance for Non-Life Insurance products.

STOCK DIRECT

Helps you combine your buy and sell of shares, your settlement and fund transfer all at

one go.


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OURFINANCIALS

We are a zero-debt financially sound company with healthy reserves. We have a

consistent dividend-paying track record.

Highly Authenticated Research Team

SHCIL is having a high tech in-house research wing equipped with highly experienced

personnel & latest technical tools to give right advice at the right time to its clients.

The research based advisory support is forwarded to the clients in the following ways:

Weekly research magazine Wise Money distributed to clients Research Based SMS support to clients for equities. Live interactive chat rooms with the market experts during trading hours. Fundamental Research reports sent to clients. Daily market update reports sent through E-mails twice daily (morning mantraand evening buzzer).

Investor awareness seminars conducted across the country on a regular basis. SHCIL as one Stop Solution for financial Services.

SHCILs core competence in Custodial business spans 18 years, with a dedicated pool of

trained and experienced professionals working literally round the clock using state-of-art

computer systems and world class technology.

SHCIL maintains dedicated communication channels, well connected to Client

institutions, Stock Exchanges, Clearing houses and Depositories, thus maintaining

process & quality leadership.As a custodian entrusted with sizeable assets, SHCIL is continuously leveraging its scale

and capabilities to help its clients mitigate risk and optimize efficiencies with greater

control. It is also Providers of one of the best trading platforms in terms of speed,

convenience and risk management to trade inNSE, BSE, F&O, NCDEX, and MCX &

DGCX.


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Accolades and Certifications

Citation and Medal from Smithsonian Institute, Washington D.C, U.S.A. for " Visionary

and Innovative use of Technology in Finance, Banking and Insurance Industry". FirstSouth Asian Corporate to receive this.

Computer Society of India Award for best IT usage in the Country Our software processes have been assessed at SEI CMM Level 3. Accepted industry leader and pioneer in Custodial Systems.

Our Technology

Comprehensive business solutions adept in handling high volume time criticaltransactions within a secured environment.

Zero error approach towards delivery of products and services Single window view of business and up-to date information Oracle database currently of 1.6 Terabytes size (and growing) managed by

competent IT personnel with domain expertise.

Data mirroring using cluster technology and fiber optic connection as part ofDisaster Management Plan

Network Security using Firewall, Proxy, Intrusion Detection System(IDS) andIntrusion Prevention System (IPS)

Internet products with built in PKI features. Dedicated communication channels with built-in redundancies in connectivity to

Client Institutions, Stock Exchanges, Clearing houses and Depositories.


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Why SHCIL?

Why you would choose SHCIL as a preferred Service Provider

Well integrated front and back office, paper and electronic systems. A focusedClient Relation Team to manage your needs & queries. A single point contact for

your comfort.

In-house capability to address all IT needs in terms of software development,maintenance, back office processing, database administration, network

maintenance, backups and disaster recovery.

Multilevel security is maintained in software, applications and guards to access tovarious data, client and internal reports.

Expertise in running processes utilizing digital signatures. Regular Audits internal and external, by SEBI, Depositories, Clients and

compliance to rules and regulations.

Constant review and benchmarking of processes to ensure adherence to globalbest practices.

Insurance cover with international re-insurance. Full Confidentiality of business operations.


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ACHIEVEMENTS

SHCIL began by offering custodial and post trading services, adding depositoryservices and other services to its portfolio over a period of time.SHCIL has

established itself in India as a one-stop solution provider in the Financial Services

domain.

ISO 9001:2000 certified DP for both shares and commodities.

SHCILs core competence in Custodial business spans 18 years, with a dedicatedpool of trained and experienced professionals working literally round the clock

using state-of-art computer systems and world class technology SHCIL maintains

dedicated communication channels, well connected to Client institutions, Stock

Exchanges, Clearing houses and Depositories, thus maintaining process & quality

leadership.

As a custodian entrusted with sizeable assets, SHCIL is continuously leveragingits scale and capabilities to help its clients mitigate risk and optimize efficiencies

with greater control.

Our Depository Participant services address your individual investment needs.With a parentage of leading financial institutions and insurance majors and a

proven track record in the Custodian business, we have reiterated our past success

by establishing ourselves as the first ever and largest Depository Participant in

India.

SHCIL's long-standing association with Clearing Members has enabled it todevelop services based on an understanding of their working and their

requirement for timely and accurate information. We currently offer Depository

services to more than 680 clearing members of various exchanges connected with

NSDL and CDSL. Our Customer Care lines answer all your DP queries while the


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Interactive Voice Response (IVR) system gives you information on your account

and other valuable data like CC calendar details, tariff, ISIN information, etc.

Everyone wants to be rich and wealthy. But to amass wealth and make it grow, itis necessary for one to invest wisely. Then SMC Global became long and exciting

journey. Where service of a knowledgeable and trustworthy guide is invaluable

and imperative to make journey easier and more enjoyable. Mutual Funds became

a part of the company three years before i.e. from July 2005. The company has

grown radically in the mutual fund industry and has able to get a noticeable

position.

Founders and Promoters

Stock Holding Corporation of India Ltd. (SHCIL) was incorporated at the special

initiative of the Government of India as a Public Limited Company in 1986. It has been

jointly promoted and owned by the All India Banks and Financial Institutions, viz., LIC,

GIC and its subsidiaries, ICICI Bank, UTI, IDBI, IFCI and IIBI, all leaders in their fields

of business.

SHCIL began by offering custodial and post trading services, adding depository services

and other services to its portfolio over a period of time.SHCIL has established itself in

India as a one-stop solution provider in the Financial Services domain.SHCIL has a

network of 190 branches spread across the country providing services at your doorstep.

Please select your state to locate the nearest branch address and contact details. Call up

any of our nearest branch for information on Products and Services.


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CHAPTER-2

REVIEW OFLITERATURE


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Literature Review

P.Jones Charls Investment Analysis and Management 1- Risk AdjustmentMeasure in this I gathered information about different methods to anlaysis the

risk of portfolio

E.Fisher Donald, J.Jordan Ronald Security Analysis And PortfolioManagement

2-Risk and Return- where I gathered information of different step

should take before investing in any fund and security

Rustagi R.P Investment Analysis And portfolio management3-indian capitalmarket- this information guided me to know the whole system of Indian capital

market.

Chandra Prasanna Investment Analysis And Portfolio Management4-mutualfund in india- this information guided me to know about the structure of mutul

fund and how many parties are involve in mutual fund market.

Kavin S Portfolio Management 5-investment and risk it helps me to knowabout the risk involve in investing in mutual fund.

Khan Y.MFinancial Service6-with the study this information I came to knowabout how many intermediaries parties are involve while dealing in mutual fund.

Gupta S.P.statistical methods7. The information regarding the statistical toolsand their limitations in different fields the research is given in this section. Thissection explains why to use correlation and what are the situations in which

correlation can be used, and what does correlation means.

Schaums: Statistics Outline8- Sultan Chand Publication The informationregarding the statistical tools and their limitations in different fields the research is

given in this section. This section explains why to use trend analysis and what are

the situations in which correlation can be used, and what does correlation means.

Fisher & Jordan security analysis & investment management9: SecurityAnalysis & Portfolio management-this book has been used to calculate the indices

on which basis the ranking has been given.

Pandian PunitawathySecurity Analysis & portfolio management10: SecurityAnalysis & portfolio management: This book helped in understanding the concept

of different indices for portfolio evaluation.


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Beri G.C.- Marketing Research113rd edition: This book helped in understandingthe different research designs and analytical tools used here.

Kothari C.R.Business Research Methodology 12 The information regarding thebasics of research and research methodology , what are the different types of

research designs, what is problem statement, what are the sources of data

collection and what are the methods of data collection is given in this section.

Mittal D.K, Varshney P.N Indian Financial System 13-mutul fund in india-provide the information about the diffent schemes , advantage and disadvantage to

invest in mutual fund

Kumar RanjitReseach Methodology14-identifiy variable- this study helps meto recognise the dependent and independent variable of my study.

Anbarsu D Joseph,Boominathan V.K15-study of mutul fund helps to knowabout the measurement tools like sharpe,trenyor,Jensen.

Pandey I.M. Financial Management 16-Financial Management by VikasPublishing House the concept of mutual funds & various schemes have been

studied from this book.

Srivastva Management of Indian Financial Institutions 17: Management ofIndian Financial Institutions-Himalaya Publishing House 6

thedition.

Introduction of mutual funds, their advantages, disadvantages and various types

have been taken from it.

Sekaran,Uma,18Research Methods for Busines P.No 117-130:-The various Elements of research design.

Nargundkar, Rajendra19Marketing ResearchP.No. 21-37:-The meaning of research, the Research Process,and various steps of research

processJain T.R, Statistics for MBA, 2nd edition, V.K. (India) Enterprises, 2006-07,

P. no. (Part b 77- 155 & PartC135-138)

Jain, ,T.R., and Aggarwal, Dr. S.C20,Statistics For M.B.A,VK publication,PP13 Part b,2nd Edition ,PP 131-134 Part (Correlation is studied to use these

test in study.

Gupta S.P. and Gupta M.P. 21, Business Statistics, Twelth Edition, SultanChand and Sons Publications. PP 237-241,628-629 (test hypotheses testing)


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Journal

ICFAI reader22- Mutual fund distribution channel- In this I gathered theinformation about the various parties involved in mutual fund transaction. It

guided me to know about the growth of the various schemes of Mutual Fund over

the last few years.

Economic & political weekly23 April-2006 It helped me to know about thetrends of mutual fund industry. Some data regarding this has been taken from it.

Indian journal of commerce24-jun, 2006: In this article they shows the growthof the mutual fund in India is given

Southern Economist25 Sep.2006: In this the performance of the mutual fundwas given.

Journal of finance26-feb, 2006: In this the various schemes offered by themutual fund houses were given

Facts for you27-jan, 2006: In the information about the risk and return wasgiven.

The Management Accountant28 - April 2007: In this article related to thebenefit related to the mutual fund as comparison to the fixed deposits in he Banks

was given.

Southern Economist29

- December 15, 2006: In this the portfolio of thedifferent Mutual fund houses was given.

SEBI Bulletin 30July, 2007: In the Asset Management of the different mutualfund houses was given.

Charter financial analysis31-jan, 2007: In this information about the variousAnalytical tools was given

Journal of finance32-dec, 2007: In this the fund size of the different Mutual fundwas given.

ICFAI reader33-july2007, Feb 2008: In this information about the Entry andExit load was given.

Business world34-May2007-in this information given about diffent assestmanagement company


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ICFAI reader35-feb 2009-informtion given about financial institusion haveparticipantion in the mutual fund industry

The Journal of finance36-in this information given about the different hedge toolagainst risk

Business world37-27july2009-information given about the uti mutul fund

Websites visited:

http://www.amfiindia.com/showhtml.asp?page=aboutus 38-This site explained theinformation regarding various mutual funds and its growth in past years.

www.mutualfundsindia/navreports.jsp39

It provided me the data regardingvarious parties involved in mutual funds and investment pattern of public and

private sector mutual funds

http://www.amfiindia.com/navtypereport.asp#Type10 40 Data regarding NAVson different dates has been taken from this site.

www.financeindiamart.com 41- Different expert comments have been extracted &the mechanism of mutual funds has been taken from this site

.http://www.hdfcfund.com/navcorner/index.jsp 42 This site provided informationregarding managing of funds by the investors and investment criteria in different

funds

http://www.tatamutualfund.com/aboutus/index.jsp 43--- This site providedinformation regarding Tata mutual fund such as history of Tata mutual fund,

portfolio etc

http://www.utimutualfund.com/aboutus/index.jsp 44-- This site providedinformation regarding UTI Mutual fund such as history, portfolio, board of

director etc

http://www.valuereserachonline.com/history/ index.jsp45-- This site providedinformation regarding nifty index. This site provided past year of return nifty.

www.shcil.com 45- This site provide the information about the company backround and services provided by the compay
http://www.amfiindia.com/showhtml.asp?page=aboutushttp://www.amfiindia.com/showhtml.asp?page=aboutushttp://www.mutualfundsindia.com/http://www.mutualfundsindia.com/http://www.amfiindia.com/navtypereport.asp#Type10http://www.amfiindia.com/navtypereport.asp#Type10http://www.financeindiamart.com/http://www.financeindiamart.com/http://www.hdfcfund.com/navcorner/index.jsphttp://www.hdfcfund.com/navcorner/index.jsphttp://www.hdfcfund.com/navcorner/index.jsphttp://www.tatamutualfund.com/aboutus/index.jsp43---http://www.tatamutualfund.com/aboutus/index.jsp43---http://www.tatamutualfund.com/aboutus/index.jsp43---http://www.tatamutualfund.com/aboutus/index.jsp43---http://www.utimutualfund.com/aboutus/index.jsp44--http://www.utimutualfund.com/aboutus/index.jsp44--http://www.utimutualfund.com/aboutus/index.jsp44--http://www.utimutualfund.com/aboutus/index.jsp44--http://www.utimutualfund.com/aboutus/index.jsp44--http://www.tatamutualfund.com/aboutus/index.jsp43---http://www.hdfcfund.com/navcorner/index.jsphttp://www.financeindiamart.com/http://www.amfiindia.com/navtypereport.asp#Type10http://www.mutualfundsindia.com/http://www.amfiindia.com/showhtml.asp?page=aboutus


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Sundaram BNP Paribas Asset Management Co Ltd.

Sundaram Asset Management Company Limited is a public limited company

incorporated under the Companies Act, 1956 with a paid up capital of Rs. 15 crores. It is

a wholly owned subsidiary of Sundaram Finance Limited. It has been appointed

Investment Manager vide Investment Management Agreement (IMA) dated August 24,

1996 executed between the trustees and the AMC. Sundaram Finance Limited is the

Sponsor for the Mutual Fund and Sundaram Finance Trustee Company Ltd. is the trustee.

Corpus under management

Rs.14794.08 Crs. as on Aug 31, 2009

Key Personnel

D.N. Ghosh (Chairman)

T.P. Raman (CEO)

T S Sritharan (Hd of Operation),

P.Sundararajan(Compliance Officer)

S.Balasubramanian (IRO)

Dr. Ashoke Bijapurkar (Director),

Mr. T.N. AnantharamaIyer (Director)

.

Fund Managers

Satish Ramanathan

Dheeraj Singh

K Ramkumar

J. Venkatesan

Mr. S Krishnakumar

N Prasad, Rahul Pal

Srividhya Rajesh


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DSP Black Rock Investment Managers Pvt. Ltd.

DSP BlackRock Investment Managers Ltd. is the investment manager to DSP BlackRock

Mutual Fund. The philosophy of DSP BlackRock Investment Managers Ltd. has been

grounded in the belief that experienced investment professionals, using a disciplined

process and sophisticated analytical tools, can consistently add value to client portfolios.

DSP BlackRock Investment Managers Ltd. takes a three dimensional approach to the

management of the organization, incorporating functional, product and regional elements

in support of clients goals. The functional dimension looks at the company s operations

by specific task, such as portfolio management, account management or operations. The

product dimension brings together the cross-disciplinary expertise critical to managing

client assets in each class. Finally, the regional aspect of the company s model recognizes

the unique, geography-specific needs of clients as well as the importance of local

regulatory issues.


Rs.15902.556 Crs. as on Sep 30, 2009

Key Personnel

S. Naganath (President & CIO),

Anup Maheshwari (head equities and

corporate strategy),

Dhawal Dalal (Senior VP and Head-

Fixed income),

Apoorva Shah (Senior VP and fund

manager),

Ramamoorthy Rajagopal (CAO)

Fund Managers

Aniruddha Naha

Anup Maheshwari

Aseem Gupta

Dhawal Dalal

Mayana Sobti Rajani


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Religare Asset Management Company Limited

Religare Asset Management is promoted by the Religare Group, one of the leading

integrated financial services groups in India. The businesses of the Religare Group extend

across three key verticals; the Retail, Institutional and Wealth spectrums, catering to a

diverse and wide base of clients. Religare, with its pan India and global footprint, offers a

diverse bouquet of investment offerings and financial services.


Rs.8618.52 Crs. as on Apr 30, 2009

Key Personnel

Mr Saurabh Nanavati (CEO),

Mr Ketan Ugrankar (COO)

Mr Suresh Jakhotiya (Comp)

Mr. Surinder Singh Negi (ISO),

Ashish Nigam (Hd FI),

Vetri Subramanium( Hd Eq).

Fund Managers

Mr. Pradeep Kumar Mr. Vinay Paharia

Nitish Sikand Ashish Nigam

Umesh Sharma Mr. Vetri Subramaniam


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CHAPTER : 3

RESEARCH METHODOLOGY


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RESEARCH METHODOLOGY

Research is commonly refers to the search for knowledge. It is the scientific and systematic

search for pertinent information on a specific topic. In fact research is an art of scientific

investigation.

As by Clifford Woody: -Research comprises of defining and redefining the problems,

formulating hypothesis or suggesting solutions, collecting, organizing and evaluating the

data, making deductions and reading the conclusion and at last carefully testing the

conclusion to determine whether they fit formulatedhypothesis.

RESEARCH DESIGN11,12,18

INTERPRETATION

ANALYSIS OF DATA

COLLECTION OF DATA

EXTENSIVE LITERATURE SURVEY

FORMULATION OF RESEARCH PROBLEM

RECOMMENDATION


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A research design is the arrangement of conditions for collection and analysis of data in a

manner that aims to combine relevance to the research purpose with economy in procedure.

The research design with help to answer the following questions:

Why the study is being made? From where the data needed could be collected? What time is required for the study to be competed & how much material is needed? What will be the technique for data collections? How the data can be analyzed?

Research Design can be categorized as:

Research design in study: -

In the study I will apply descriptive research design. As descriptive research design is the

description of state of affairs, as it exists at present. In this type of research the researcher has

no control over the variables, he can only report what ahs happened or what is happening.

TYPES OF RESEARCH

DESIGN

EXPLORATORYRESEARCH

DESIGN

DESCRIPTIVE&

DIAGNOSTIC

RESEARCH DESIGN

EXPERIMENTALRESEARCH

DESIGN


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DATA COLLECTION12

After the research problem has been identified and selected the next step is to gather

the requisite data. While deciding about the method of data collection to be used for

the researcher should keep in mind two types of data VIZ. primary and secondary

.

Data has been collected from secondary source.

The secondary data as it has always been important for the completion of any report provides

a reliable, suitable, adequate and specific knowledge. The standard cost reports, working

sheets provide the knowledge and information regarding the relevant subjects.

TYPES OF DATA

PRIMARY

DATASECONDRY

DATA


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my project mutual fund

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