This book seeks to capture the essence of modern developments and provides a guided tour of the intricate and complex world of investments. It presents a framework for portfolio management in a comprehensive manner and covers techniques used by professionals for analyzing and valuing investment alternatives and portfolio management. It not only describes the characteristics of various investment alternatives available to investors but also discusses how the securities market functions. This new edition sensitizes the reader to the pitfalls of investments and offers a set of guidelines with varying inclination in tune with the latest investment changes.
• Thorough updates in tune with the latest investment practices across 12 chapters
• 17 new appendices capturing latest investment trends and practices
• Rich Pedagogy -  Glossary, Boxes capturing insights from prominent investors
• CD containing supplementary notes, additional solved problems and self-test problems

New To the Edition

• Thorough updates in Chapters 2,3,4,8,9,11,14,17,18,19,20, and 21 in tune with the latest investment practices.

• Seventeen new appendixes capturing latest investment  trends and practices

• A number of boxes capturing valuable insights from prominent investors  and important practices have been added . Example: Rakesh Zhunzhunwala ‘s  Investment Strategies , Benjamin Graham’s View on Response to Market, Dabba Trading, Key takeaways from Ilmanen’s Book, etc.

• Additional excel templates for solving end of chapter exercises