Disciplined Investment
Through an SIP, an investor pledges to invest a fixed amount of money on a monthly basis in a mutual fund scheme for a predetermined time period. Also SIP provides the investor with the flexibility to increase the amount of his monthly installment at any time.
Affordable
Investments do not necessarily mean that one has to collect a substantial chunk of money to invest. One can start investing with a very small amount through an SIP.
Easy to Invest
When we think monthly installments, we generally think of one more date to remember apart from the bill payment dates. That is not the case with an SIP. You have the convenience of direct debit of your SIP installments through Electronic Clearing Service (ECS) facility. Your SIP amount automatically gets debited from your bank account on
the predetermined date
Helps in Compounding Your Wealth
Getting rich is simpler than you think, here's a simple formula to get rich:
Start Early + Invest Regularly = Create Wealth
Every investor dreams of purchasing stocks at a low price and selling it at a higher price. But, how does one know whether any given time is the right time to buy or sell? Many retail investors try to judge the market movements and end up losing their monies in the long term. A more successful strategy is 'Rupee Cost Averaging' wherein you invest a fixed amount regularly. Thus you purchase more when the prices are low and purchase less when the prices are high. SIP investments take advantage of this strategy:
Equity - The best asset class
Equity gives best inflation adjusted return among all asset classes over a long period of time.
are on CAGR basis. Blue bar reflects inflation adjusted return.
As the graph shows, equity is the only asset class which has given positive inflation adjusted return of 9.77% against other asset classes. It is evident from the graph that in the long term, equity investments have helped outperform various other investment avenues and has also helped beat inflation by a huge margin.
Portfolio Management System
Systematic Withdrawal Plan
A Systematic Withdrawal Plan permits the investor to receive a pre-determined amount / units from his investment in a mutual fund scheme on a periodic basis. Retirees in need of a regular income often opt for this.
Systematic Transfer Plan
An STP allows the investor to transfer a pre-determined amount from his investment in a mutual fund scheme to another mutual fund scheme (of the same company) on a periodic basis. This Plan is generally used to transfer sums from a Money Market / Liquid / Cash scheme to another scheme.
SCHEME OF MUTUAL FUND
Equity Mutual Funds:
These types of funds invest investorï's money in equity shares. This funds work on basic concept of ï'High Risk ï' High Returnï'. Among all categories of products this type of funds have potential to generate highest return but investors have to face highest risk. As money gets invested in equity market, the performance of these type of funds largely depend on equity markets but fund managers due to their expertise and research tend to outperform benchmark indices over a long investment horizon.
Among equity funds, fund managers adopt different investment strategies and accordingly schemes can be divided. There can be different schemes like value funds, growth funds, sector funds, contra fund etc depending on the style of investment.
Equity mutual funds are most suited for investment horizon of three years and above as in short term equity markets remain highly volatile. Within equity mutual fund basket there are number of options available to investors to choose from according to his risk taking capability. Equity funds can be broadly classified into Large Cap Funds, Mid Cap Funds and Blend Funds. Large Cap funds invest in bluechip companies which offer stable return with low volatility.
Income Funds:
These are the debt category of funds. They invest in fixed income generating instruments and that is why they are broadly called income funds. They invest in large universe of debt instruments like money market instruments, T bill, corporate bonds, government securities etc.
The main objective of Income funds is to generate steady return at lower level of risk. Based on underlying assets and duration these funds can be classified in different categories like gilt funds and income funds. As name suggests gilt funds invest only in government securities where as income funds invest in corporate bonds and debentures along with G secs. As gilt funds invest only in G sec there is no default risk involved. Both Income funds and Gilt funds are mainly affected by changes in interest rates in the economy.
Liquid Funds:
These funds are normally used to park very short-term funds on a temporary basis. Investment horizon should ideally be from one day to three months. Investment is done in very short term debt instruments like inter bank call money market, T bills, Certificate of Deposits issued by government. As investment maturities are short, they are not vulnerable to interest rate risk.
As name suggests, liquidity level is very high as investor gets money credited in his/her account within 24 hours of redemption.
Equity Linked Saving Schemes (ELSS):
These schemes are similar to equity schemes with only difference being it comes with 3 year lock in period and provide Section 80 C benefit under income tax. By investing Rs.1 lakh in any of the ELSS scheme available, an investor can save tax by claiming deduction under Section 80 C. Like equity funds, ELSS also invests in equity shares and subject to risks associated with stock market.
Open End and Close End Funds:
This is another type of classification of schemes. An open end fund is the one that sells and repurchase units at all times. An investor can buy or sell units from fund itself at prevailing NAV.
In close end fund, only one time sale of fixed number of units are made and investor can purchase units during that specific period. Closed end funds do not allow investors to buy or sell units directly from the fund. However to provide liquidity, close ended funds do get listed on the stock exchange and trade at premium or discount to NAV based on investorï's perception about fund performance and other factors. The number of outstanding units of a close-ended fund does not vary on account of trading in the fundï's units on the exchange
Net Asset Value
Net Asset Value is the price of one single unit of the scheme. It is derived at my deducting fund’s liabilities from market value of assets and dividing by number of units outstanding. i.e. (Market Value of investments ï' Liabilities) / Number of units outstanding.
Entry and exit loads
This is a fee charged when you buy or sell the units of the scheme. Entry load is charged when you enter (purchase) units and exit load is charged when you exit (sell) units of the scheme.
When you buy units, you pay a certain percentage of NAV as fee which is known as entry load. When you sell units, similarly you get money after exit load getting deducting from your sell price. e.g. If you invest Rs. 10000 in a scheme with NAV of Rs.10 and entry load of 2.25% you will get 977.995 units (Rs. 10000/Rs.10.225) similarly when you sell the same number of units at Rs. 20 with exit load of 2% you will get Rs.19168.702 ( units 977.995 * Rs. 19.6 per unit) after excluding exit load of 2%.
Portfolio Management services (PMS)
Financial markets today offer enormous growth potential. But managing your own investments can be an extremely challenging task. Anticipating market trends, assessing the impact of socio-economic changes on your investments, keeping abreast of latest corporate developments and financial analysis all adds up. Managing one’s investments can become nearly a full-time affair that requires considerable time and expertise.
During your journey of life, you need to make numerous plans and take important decisions. Some of these decisions have strong financial implications and can alter the course of your life and when it comes to investing your hard earned money, you need to partner with someone you trust, one who will make your money work hard.
The idea of Portfolio management is to overcome the pace of change in business landscape and provide investment avenues to stay ahead of the risk return curve and generate positive returns consistently over a period of time.
During times of intense market volatility, it can be difficult to know what, if anything, you should do. Staying calm, keeping your sense of perspective, taking a rational look at your investments, and seeking the advice of a professional are all smart strategies you can follow.
PMS benefits investor in following ways
-
Professional Management – PMS is provided by qualified and professional investment managers with the objective to deliver consistent long term performance while controlling risk.
-
Continuous Monitoring – It is important to recognize that portfolios need to be constantly monitored and periodic changes should be made to optimize the results.
-
Risk Control – The investment manager employs a qualified research team to establish the investor's investment strategy and providing the information to the investment manager. This also helps in reducing the investment related risks up to significant extent.
-
Hassle Free Operation – The investment manager gives the investor a customised service. He takes care of all the administrative aspects of the investor's portfolio with a periodic reporting on the overall status of the portfolio and performance. The investment manager provides various types of reports to his investors on a regular basis. These reports are related to the transactions made on their behalf, current holdings of the investment portfolio and realized Profits and Losses to name a few.
-
Flexibility – The Portfolio Manager has fair amount of flexibility in terms of investing patterns and procedures. He can create a reasonable concentration in the investor portfolios by investing disproportionate amounts in favour of compelling opportunities
-
Transparency – PMS provides comprehensive communications and performance reporting. Investors will get regular statements and updates from the investment manager.
Interval funds combine features of both open-ended and
Closeended
schemes. They are largely close-ended, but become openended
at pre-specified intervals. For instance, an interval scheme
might become open-ended between January 1 to 15, and July 1 to
15, each year. The benefit for investors is that, unlike in a purely
close-ended scheme, they are not completely dependent on the
stock exchange to be able to buy or sell units of the interval fund.
Actively managed funds are funds where the fund manager has
the flexibility to choose the investment portfolio, within the broad
parameters of the investment objective of the scheme. Since this
increases the role of the fund manager, the expenses for running
the fund turn out to be higher. Investors expect actively managed
funds to perform better than the market.
Passive funds invest on the basis of a specified index, whose
performance it seeks to track. Thus, a passive fund tracking the
BSE Sensex would buy only the shares that are part of the
composition of the BSE Sensex. The proportion of each share in
the scheme’s portfolio would also be the same as the weightage
assigned to the share in the computation of the BSE Sensex.
Thus, the performance of these funds tends to mirror the
concerned index. They are not designed to perform better than the
market. Such schemes are also called index schemes. Since the
portfolio is determined by the index itself, the fund manager has no
role in deciding on investments. Therefore, these schemes have
low running costs.
Gilt funds invest in only treasury bills and government securities,
which do not have a credit risk (i.e. the risk that the issuer of the
security defaults).
Diversified debt funds on the other hand, invest in a mix of
government and non-government debt securities.
Junk bond schemes or high yield bond schemes invest in
companies that are of poor credit quality. Such schemes operate
on the premise that the attractive returns offered by the investee
companies makes up for the losses arising out of a few companies
defaulting.
Fixed maturity plans are a kind of debt fund where the
investment portfolio is closely aligned to the maturity of the
scheme. AMCs tend to structure the scheme around pre-identified
investments. Further, like close-ended schemes, they do not
accept moneys post-NFO. Thanks to these characteristics, the
fund manager has little ongoing role in deciding on the investment
options.
Types of Hybrid Funds
Monthly Income Plan seeks to declare a dividend every month. It
therefore invests largely in debt securities. However, a small
percentage is invested in equity shares to improve the scheme’s
yield.
As will be discussed in Unit 8, the term ‘Monthly Income’ is a bit of
a misnomer, and investor needs to study the scheme properly,
Before presuming that an income will be received every month.
Capital Protected Schemes are close-ended schemes, which are
structured to ensure that investors get their principal back,
irrespective of what happens to the market. This is ideally done by
investing in Zero Coupon Government Securities whose maturity is
aligned to the scheme’s maturity. (Zero coupon securities are
securities that do not pay a regular interest, but accumulate the
interest, and pay it along with the principal when the security
matures).
As detailed in the following example, the investment is structured,
such that the principal amount invested in the zero-coupon
security, together with the interest that accumulates during the
period of the scheme would grow to the amount that the investor
invested at the start.
Suppose an investor invested Rs 10,000 in a capital protected
scheme of 5 years. If 5-year government securities yield 7% at
that time, then an amount of Rs 7,129.86 invested in 5-year zerocoupon
government securities would mature to Rs 10,000 in 5
Mutual Funds Industry in India
The origin of mutual fund industry in India is with the introduction of the concept of mutual fund by UTI in the year 1963. Though the growth was slow, but it accelerated from the year 1987 when non-UTI players entered the industry.
In the past decade, Indian mutual fund industry had seen a dramatic imporvements, both qualitywise as well as quantitywise. Before, the monopoly of the market had seen an ending phase, the Assets Under Management (AUM) was Rs. 67bn. The private sector entry to the fund family rose the AUM to Rs. 470 bn in March 1993 and till April 2004, it reached the height of 1,540 bn.
Putting the AUM of the Indian Mutual Funds Industry into comparison, the total of it is less than the deposits of SBI alone, constitute less than 11% of the total deposits held by the Indian banking industry.
The main reason of its poor growth is that the mutual fund industry in India is new in the country. Large sections of Indian investors are yet to be intellectuated with the concept. Hence, it is the prime responsibility of all mutual fund companies, to market the product correctly abreast of selling.
The mutual fund industry can be broadly put into four phases according to the development of the sector. Each phase is briefly described as under.
First Phase - 1964-87
Unit Trust of India (UTI) was established on 1963 by an Act of Parliament. It was set up by the Reserve Bank of India and functioned under the Regulatory and administrative control of the Reserve Bank of India. In 1978 UTI was de-linked from the RBI and the Industrial Development Bank of India (IDBI) took over the regulatory and administrative control in place of RBI. The first scheme launched by UTI was Unit Scheme 1964. At the end of 1988 UTI had Rs.6,700 crores of assets under management.
Second Phase - 1987-1993 (Entry of Public Sector Funds)
Entry of non-UTI mutual funds. SBI Mutual Fund was the first followed by Canbank Mutual Fund (Dec 87), Punjab National Bank Mutual Fund (Aug 89), Indian Bank Mutual Fund (Nov 89), Bank of India (Jun 90), Bank of Baroda Mutual Fund (Oct 92). LIC in 1989 and GIC in 1990. The end of 1993 marked Rs.47,004 as assets under management.
Third Phase - 1993-2003 (Entry of Private Sector Funds)
With the entry of private sector funds in 1993, a new era started in the Indian mutual fund industry, giving the Indian investors a wider choice of fund families. Also, 1993 was the year in which the first Mutual Fund Regulations came into being, under which all mutual funds, except UTI were to be registered and governed. The erstwhile Kothari Pioneer (now merged with Franklin Templeton) was the first private sector mutual fund registered in July 1993.
The 1993 SEBI (Mutual Fund) Regulations were substituted by a more comprehensive and revised Mutual Fund Regulations in 1996. The industry now functions under the SEBI (Mutual Fund) Regulations 1996.
The number of mutual fund houses went on increasing, with many foreign mutual funds setting up funds in India and also the industry has witnessed several mergers and acquisitions. As at the end of January 2003, there were 33 mutual funds with total assets of Rs. 1,21,805 crores. The Unit Trust of India with Rs.44,541 crores of assets under management was way ahead of other mutual funds.
Fourth Phase - since February 2003
This phase had bitter experience for UTI. It was bifurcated into two separate entities. One is the Specified Undertaking of the Unit Trust of India with AUM of Rs.29,835 crores (as on January 2003). The Specified Undertaking of Unit Trust of India, functioning under an administrator and under the rules framed by Government of India and does not come under the purview of the Mutual Fund Regulations.
The second is the UTI Mutual Fund Ltd, sponsored by SBI, PNB, BOB and LIC. It is registered with SEBI and functions under the Mutual Fund Regulations. With the bifurcation of the erstwhile UTI which had in March 2000 more than Rs.76,000 crores of AUM and with the setting up of a UTI Mutual Fund, conforming to the SEBI Mutual Fund Regulations, and with recent mergers taking place among different private sector funds, the mutual fund industry has entered its current phase of consolidation and growth. As at the end of September, 2004, there were 29 funds, which manage assets of Rs.153108 crores under 421 schemes.
GROWTH IN ASSETS UNDER MANAGEMENT
Introduction of NJ
Creating Wealth Transforming Lives
Doing the 'right' thing is a virtue most desirable. The difference between success and failure is often, not dictated by knowledge or expertise, but by its actual application and perseverance. When it comes to successful wealth creation for customers, it is something that we believe in & practice. For us it is more than a mission; it is what defines our lives and our actions at NJ India Invest.
With this passion, we continue to evolve and make the right product accessions and service innovations in our offerings. To the advisors, we offer a 360° comprehensive business platform with unmatched IT solutions, empowering them to set the best practice standards and deliver real value to their customers. Over the years, our passion has seen us grow from strength to strength and expand rapidly, setting new benchmarks in the process. But to us, what really matters the most is the number of lives we have managed to transform and we still have a long way to go...
Today NJ India invest Pvt. Ltd. is one of the leading advisors and distributors of financial products and services in India. Established in year 1994, NJ has over a decade of rich exposure in financial investments space and portfolio advisory services. From a humble beginning, NJ, over the years has evolved out to be a professionally managed, quality conscious and customer focused financial / investment advisory & distribution firm.
We are headquartered in Surat, India, and have more than INR 10,000* Crores of mutual fund assets under advice, with a wide presence at over 100+ locations in 21 states in India. The numbers are reflections of the trust, commitment and value that NJ shares with 11 Lac plus customer base with over 14000+ Advisors.
NJ prides in being a professionally managed, quality focused and customer centric organization. The strength of NJ lies in the strong domain knowledge in investment consultancy and the delivery of sustainable value to clients with support from cutting-edge technology platform, developed in-house by NJ.
NJ, believe in..
- Having single window, multiple solutions that are integrated for simplicity and sapience
- Making innovations, accessions, value-additions, a constant process
- Providing customers with solutions for tomorrow which will keep them above the curve, today
NJ Fundz Network
NJ Fundz Network has been playing a pioneering role in India in providing independent advisors / advisory firms with integrated, comprehensive and practical business solutions for ensuring continuous growth & continuity of business. It provides the financial advisors and the institutions that serve them with insights, strategies and tools to help them significantly grow their businesses. How do we do it? That’s because we understand how financial & wealth management businesses work and what is needed to manage, monitor and grow the practice
First in the Indian Mutual Fund Industry to offer a Complete Business Platform to Advisors
NJ Realty Services
This is an integrated service model offering solutions for meeting the diverse real-estate needs of corporates & retail customers in transacting properties.
Finding the right property at the right value and the best buyer for a property is the crux of any realty solution. At NJ India Realty we value this critical element of retailing and aim to provide the customer with an integrated service model that not only focuses on him meeting his desired needs but also on enhancing the overall experience of the transaction.
The scope of properties embraces both commercial & residential projects / properties. The integrated value-added services ensure that the solutions are feasible, authentic, secure & profitable.
Leveraging upon the strengths of the parent company NJ, NJ India Realty aims to offer attractive options and operational guidance to satisfactorily realize the customers realty dreams.
Today NJ Realty Services has tied up with over 40 developers with over 150 projects across India.
NJ Gurukul
Making people benefit from the growing economy is possible by attracting them to participate in Equity for long term, to make their money work for itself and create wealth. For this to happen, a huge force of effective Financial Advisors is needed. Visualizing this need and with a view to bridge the gap, NJ India Invest Pvt. Ltd. has set up NJ Gurukul to offer different training programs at moderate costs.
NJ Gurukul works to conceive, craft, design, develop and execute effective training modules to energize people with right inputs through different training programmes at modest cost. Powered by NJ's experience of over 14 years as leaders in financial advisory services, NJ Gurukul has emerged successful in conducting sizeable number of trainings since inception in April 2007 and enjoys lineage of efforts put in by NJ prior to April 07. NJ Gurukul seeks to create an enlightened community of ‘quality’ financial advisors capable of changing millions of lives across India and even beyond…
NJ Gurukul also seeks to help people become better professionals / business personalities & achieve success in their own endeavors.
For businesses, as a people partner, NJ Gurukul seeks to groom employees & management so that they deliver upon their expectations & responsibilities, successfully. NJ Gurukul is authorised to give training for Certified Financial Planner (CFP) by FBSB India. Today NJ Gurukul has offered over 1200 training programmes with over 20000 candidates.
Vision and Mission
Vision:
Creating Wealth Transforming Lives
- Total Customer Satisfaction
- Commitment to Excellence
- Determination to Succeed with strict adherence to compliance
- Successful Wealth Creation of our Customers
Mission:
We work towards building trusted relationship with our stakeholders, for inclusive growth through constant process of innovation, time bound implementation & execution of ideas and technological developments. We stretch our means and go overboard to make sure that our clients' aspirations, dreams and expectations are met with, through high service standards.
FOUNDER OF THE COMPANY
Neeraj choksi - joint manager
Jignesh Desai - joint manager
Sales team in surat
Misbah baxamusa - National Head
Kulbhushan nandwani - A.V.P
Prashant Kakkad - A.V.P
Anil Taliaya - Zonal Manager
Manish Gadhvi- Zonal Manager
Sarfaraj Patel - Zonal Manager
Tushar Bhajantri - Zonal Manager
Sales team in indore
Jeetendra Bajpai - Regional Manager
Aslesh Vacchani - Branch Manager
Ashish Kumar Jain - Relationship Manager
Ashok Daftari - Relationship Manager
Amanjeet singh - Relationship Manager
Quality online Wealth Account:
As a premium client you would have access to one of the best online investment accounts that offer comprehensive reports, many of which are unique in nature and give valuable insights on our investments
Our online Wealth Account covers almost all the investment avenues that you may have:
- Mutual Funds – All AMCs, All Schemes
- Direct Equity
- Life Insurance
- Physical Assets – Gold and Property
- Private Equity – Business
- Debt Products
Bank Deposits and Company Deposits
- RBI / Infrastructure Bonds
- Postal Savings – KVP, MIS, NSC
- Debentures
- Small Savings – PPF, NSS
You would have access to Consolidated Net Asset Reports which would give you a single view of all your investments into different avenues as given above.
Further, within each of the Asset class we have many more reports and utilities. Some of the reports covered are …
Consolidated:
Consolidated Asset Allocation, Consolidated Net Asset, Interest Income, Profit & Loss
Mutual Funds:
Valuation, Transaction, Profit & Loss, Performance, Portfolio reports like - AMC / Sector / Equity / Credit / Debt Exposure, Weighted Average Maturity, Dividend history, etc
Direct Equity:
Demat accounts, Transaction, Valuation, Profit & Loss
Life Insurance:
Policy Report, Premium Reminder, Cash Flow
Debt:
Transaction, Interest Income, Maturity reports for different Assets
BUSINESS MODULE OF NJ
\PARTNER
AMC
NJ
CLIENT
RESEARCH METHODOLOGY
Research Problem
Evaluation of different mutual funds schemes in Indian market
Research Objective
The objectives of the study are as following:
Awareness of mutual funds in Indian market.
To compare the different companies’ equity schemes.
To compare the different companies’ debt schemes.
To identify the best assets allocations pattern schemes.
To identify the best sectorial allocation fund.
To identify the best performing schemes.
To identify the consumer behavior while selecting a fund.
To identify the consumer perception about mutual funds.
Research is divided in two parts:
Research Design
Type of Research
Research methods
Collection of data
Sample Design
Type of Research:
Descriptive and Analytical type of study was adopted while conducting the project.
Sampling Design was taken by the researcher as the Research design.
The major purpose of the study is to describe the state of affairs as it exists at present. Include survey & fact-finding enquiries of different kinds.
The study was based on the facts or information already available, & analysis of this available information make a critical evaluation of the material.
Research method:
Research methods are understood as all those methods and techniques that are used for conduction of research. Research methods or techniques refer to methods the researchers use in performing research operation. In other words, all those methods which are used by the researchers during the course of studying his research problems are termed as research methods. Since the object of research, particularly the applied research, is to arrive at a solution for a given problem, the available data and the unknown aspects of the problem have to be related to each other to make a solution possible. Keeping this in view the researcher took the following two methods:
- Analysis of documents
- Interview
Collection of data:
Primary data:- Survey methods:
This method was adopted because it helps to procuring data and detail information from the respondents. Here the researcher collected data by filling questionnaires, directly talking to the respondents.
Secondary data:
The researcher has also used the secondary data which include various written documents and other related information about the mutual fund industry in India.
SAMPLE DESIGN
Area of Sample:
-
The areas covered up in this survey was Meerut
Selection of units under study
Sampling Units BEGUM PUL, ABU LANE and P.L.SHARMA ROAD>
Source list (Sampling Frame)
Business class: 25
Professional class: 20
(Like Doctor, Advocate, Consultant, C.A., C.S., so. on)
Service class: 35
(Government, Semi-Government &Private Sectors)
Students: 20
Household Ladies: 10
Others : 10
Sample size: 120
Sampling procedure: Probability Sampling (Simple Random Sampling)
LIMITATION OF THE STUDY
- Time:-Acutely one and half month is very less time to judge these whole types of funds.
- Experience: - without post experience it is very hard task to collect this information from different sorceries and analyze them.
- Attitudes and nature: - Researches and invertors attitudes and natures are not some way.
- Lack of Information: - Companies not provides whole data.
ANALYSIS OF THE COMPANIES
- Analysis on the basis of past performance. Analysis of debt based fund on the basis of past performance are following :-
Above table shows performance of the each debt based funds. In these funds the reliance monthly income plan batter then the other comparative funds. Because its first year return is 17.64% and since inception is 18.82% Its return also good. Since inception and in first year. The reasons behind this good return are good management of fund and better allocation of funds.
Analysis on the basis of sector allocation
analysis of the debt based fund on the sectorial allocation of fund are following :-
The above table show sectorial allocation of debt funds Kotak funds more emphasis in debenture & bonds but reliance funds more investment in term deposits. Thus these funds are low return and highly secure funds. In these funds reliance monthly income plan are good manage plan and its returns are high comparatively other debt funds. Hence reliance monthly income plan are good fund.
The above table shows different companies different debt schemes. On the basis of critical analysis of debt fund scheme we come to know that these are very secure schemes. The investors who want to take very minimum risk debt funds are good schemes for those investors.
No doubt return in debt fund schemes would be less comparative to equity based schemes but amount of risk is very less in debt fund schemes.
Debt fund schemes would provide return higher than bank deposit funds. This shows that although return is less in debt fund schemes but yet this return would be higher then banks return with the plus point of secure funds.
So we can say that debt funds schemes are good schemes for investment if you have some spare or use less money.
You are very much secure by investing these schemes with a good return in future.
Description work assigned during training
During my training I did different department work like as marketing department, finance department, operation department, firstly when I strated training so I did a work in marketing department . under ashish jain sir he learnt me how did we work in market how we sale a product in the market. He learnt a basic things which is necessary for a market. Then I did a training in finance department where I do a calculation . and in last I do a work in operation department where I lernt how is we do a entry of a form in daily record and which type of document necessary .
SUGGESTIONS AND RECOMMENDATIONS
After study and comparison of different companies different schemes. According to me following improvement should be in schemes.
- The assets allocation should be in different types of instruments.
- The management of schemes should be good quality.
- The sectorial allocation of schemes should be different sectors.
- The debt based schemes sector allocation not only debt market but also some part in equity market.
Questionnaire
1). Name of Person:
2).Contact Number:
3). E-mail Id
4) Are you aware of Share Market?
Yes No
5) .Do you have invested your money in stock market?
Yes No
6) Do you know about any stock brooking company?
Yes No
7) How Do You Aware about the share market?
Print media TV Channel
Friends Others
8) Do you have a Demat Account?
Yes No
9) Presently in which security are you trading?
10).How did you know about Indiabulls?
Advertisement_______
Tele – calling_______
Friends & Relatives________
Other Sources________
11) Are you interested in indiabulls?
Yes No
12) What is the age group of investor?
20 – 30 30 – 40
40-50 50- Above
13) What is the monthly income of investor?
0 – 10000 10000 – 25000
25000 – 50000\ 50000 – Above
14) On what basis you choose your Broker?
Experience Low commission
Easy availability other
15).Yours’ suggestion for improvement in Indiabulls securities, product & services?
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BIBLIOGRAPHY
Books:
- Chandra, Prasanna : Investment analysis and Portfolio Management
- Donald E. Fischer : Security analysis and portfolio Management
Ronald J. Jordan
- Kothari, C.R.; Research Methodology
News papers:
References
- Outlook ‘Money’- the layman’s guide to mutual funds
- Brand reporter- Mutual Fund
Websites:
- www.njindia.com
- www.kotakmutual.com
- www.reliancemutaual.com
- www.amphiindia.com
- www.religare.in
- www.amfi.com
- www.utimf.com
-
CONCLUSION:
From the survey it is very clear that people are investing more in Mutual Fund schemes in the market. Their main aim is to earn profit. There are a lot of people who have an experience of even more than five years of mutual fund industry in the market and they have a good experience of it as well. Hence it can be concluded from the above survey that the people have a long term interest in the mutual fund industries and even have a good experience of it.
by
robinkhristi1 (student)
