SUMMER INTERNSHIP PROJECT ON

of

SUBMITTED TO

Galaxy Institute of Management, Vellarai, Chennai

SUBMITTED by

KUMARESH. L Reg : 410912631027

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DECLARATION

I, KUMARESH L with register number 410912631027 of 3rd semester project of Master of Business Management degree do hereby declare that this report contains only the summer internship work undertaken and completed by myself except for information obtained in a legitimate way from literature, company or university sources. All information from these other sources has been duly referenced and acknowledged in accordance with the Galaxy institute Of Management.

Chennai, Dated: August 2013

Kumare !.L

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ACKNOWLEDGEMENT

I would like to place on record my deep sense of gratitude to Prof. _____________, HOD. Dept.of MBA Galaxy Institute Of Management. I express my sincere gratitude to Prof. ______________, Asst prof Of Galaxy Institute of Management. for his stimulating guidance, continuous encouragement and supervision throughout the course of present work. I also wish to extend my thanks to the Chairman and Managing Director of TIIC Ltd., and Shri. Chokkanathan, Finance Manager of TIIC LTD., for taking a very proactive role in conducting of the summer project at the Company premises in Chennai.

Kumaresh.L

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SUMMER "RO#E$T I% &I%A%$E SE$TOR BY KUMARESH LOGANATHAN, MBA (II Year) AT GALAXY INSTITUTE OF MANAGEMENT

TABLE OF CONTENTS

Chapt er
I II III IV V VI VII VIII IX X XI XII XIII XIV XV XVI XVII XVIII XIX

PARTICULARS
Introduction Company profile Need for the study Objective of the study Limitations of the study alance sheet of three years !atio analysis "uditors report to the share holders !esearch methodolo#y $ypes of research !esearch desi#n %ource of data collection $ools used %amplin# approach &uestionnaire sample %tatistical reports 'indin#s %u##estions Conclusion

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CHAPTRE I : INTRODUCTION

As a part of MBA core curriculum, our Galaxy Institute of Management, instructed me to undergo summer interns ip at a !ell establis ed "inancial Institution and render a pro#ect report on t e interns ip undergone$ %it due regard and respect to t e instructions of my Institute, I approac ed t e Tamil&adu Industrial In'estment (orporation )td$, a'ing its registered *ffice in ( ennai for sponsoring my candidature for t e summer interns ip$ My re+uest !as fa'orably considered to by t e Management of t e (ompany and I under!ent interns ip from ,,,,,,,,,,,,,,,,,,,,,$ During t e course of interns ip, I ad exposure to t e Accounting aspects, Managerial financial decisions, Statement of Accounts of t e (ompany as explained to me by t e officers in t e finance department ! ic elped to gain practical -no!ledge in a "inancial (orporate .ouse$

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$HA"TER II ' $OR"ORATE "RO&ILE: TAMIL%ADU I%DUSTRIAL I%(ESTME%T $OR"ORATIO% LTD.) $HE%%AI

Tam*+,a-u I,-u .r*a+ I,/e .me,. $0r10ra.*0, L.-. 2TII$3 is a premier State "inancial (orporation establis ed in t e year /010$ TII( fosters industrial de'elopment in Tamilnadu by pro'iding financial assistance to industries for purc ase of land, mac inery and construction of buildings$ TII( pro'ides financial assistance at competiti'e interest rates for setting up of ne! industrial units and for expansion 2 modernisation 2 di'ersification of existing industries in Tamilnadu$ It also offers loan for ser'ice sector pro#ects suc as otels, ospitals and tourism related pro#ects$ TII( pro'ides pro#ect cost as financial assistance to micro, small, medium and large enterprises, about 034 of t e assistance goes to t e micro, small and medium enterprises 5MSME6 sector$ *f t is, about 134 goes to first generation entrepreneurs$ T us, TII( acts as a catalyst for industrial promotion !it in t e State by creating a ne! generation of entrepreneurs$ TII( as so far assisted /,//,789 units !it a cumulati'e sanction of :s$0,1/8$00 crores upto 9/$39$/8$ T e (orporation is a public sector underta-ing under t e go'ernment of tamilnadu $ It supports industrial gro!t in t e state, !it focus on micro, small and medium enterprises ;MSME<$ It follo!s regulations as laid do!n by SIDBI. T e corporation as ade+uate focus on corporate go'ernance to meet t e re+uirements of different sta-e olders and compliance to regulatory re+uirements and to integrate t em into its functioning$

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 To t is end, t e corporation as structurally, A ( airman and a Managing director , bot full time A Board of directors ! ic plays a super'isory and ad'isory role Se'eral committees c arged !it specific roles$ Executi'es !it specific functional responsibilities in t e organi=ational process TII$4 BOARD O& DIRE$TORS $OM"OSITIO%> T e Board as ? ( airman Managing director Director representing MSME de'elopment Director representing finance department Director representing industries department T!o directors representing SIDBI A nominee director of t e state go'ernment and t e president, TA&STIA

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CHAPTER III - NEED FOR THE STUDY

$he main needs in the study are,

-ain need of the study is to .no/ about the potentials of the mar.et re#ardin# people0s dealin# in share mar.et

$o .no/ about the role of 12-"$ account

$o .no/ the formalities re#ardin# openin# 12-"$ account

$o .no/ /eather the 12-"$ services are useful to the customers and share holders

LIMITATIONS OF THE STUDY

$here are some limitations in the study 1ue to short period I /as not able to cover all the area

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 1ue to lac. of .no/led#e amon# the public about share mar.et 4unable to cover some fields

!espondents /ere re5uested to indicate true response to the 5uestions4 but rather failed in responses6

OBJECTIVE OF THE STUDY $here are various objectives in the study , $o .no/ the a/areness amon# people re#ardin# share mar.et6

$o .no/ the a/areness amon# the people re#ardin# 12-"$ account

$o study about a/areness about I'IN amon# people6

$o .no/ about the various concepts relatin# to 12-"$

$o study the mar.et potentials of I'IN 'IN"NCI"L %OL7$ION% ltd6

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S5,01 * 06 .!e Ba+a,7e S!ee. a,- S.a.eme,. 06 A770u,. 06 M8 TII$ L.-.) $!e,,a* 60r .!e 5ear e,-*,g 31 . Mar7! 2010 .0 Mar7! 2012
9 Hea- O6 A770u,. !upees in La.hs : 9E 31.03.2010 9E 31.03.2011 9E 31.03.2012

$A"ITAL : LIABILITIES @aid up (apital :eser'es B surplus )oan in lieu of (apital Deposits Bonds :efinance from SIDBI )ine of credit E Ban-s *t er )iabilities TOTAL "RO"ERT9 : ASSETS (as B Ban- Balances In'estments )oans B ad'ances "ixed assets *t er assets @rofit B )oss A2c TOTAL "RO&IT : LOSS A770u,. /$Interest Income 8$Expenditure ;a< Employee (ost b$ Depreciation c$ *t er Expenses Total Expenditure 9$ @rofit from operations 1$ *t er Income A$ @rofit before Interest D$ "inancial (ost C$ @rofit after Interest 7$ &@A @ro'ision !ritten bac0$ @rofit before Tax /3$ Tax expenses AD 8C3 /,/DA //$ &et @rofit 2 ;)oss< /8$ @aid up E+uity S are (apital /9$ Earnings per S are

87,9A3 /A,C89 /,8A3 /9,00C /9,D/3 17,081 0,17C 88,/CC 1;3);1< /3,8C0 /,/78 /3/,0/3 /C,999 8,D07 83,//D 1;3);1< /8,3C7 9,37A 7C 137 9AC/ 7A3C /90C 0031 D0C7 808D 8C89 AD10 //DA 1171 879A3 /A7$/7

87,9A3 /A,C89 /,8A3 /8,DDC C,7D7 A7,CD3 8A,171 /C,D1D 167)74< 0,771 /,8CA /88,3CA /C,999 8,917 /1,799 167)74< /A,990 9,11A C7 10/ 1389 //9/D /810 /8ADA 7CD7 9C0C /CAA AAA8 8C3 A878 879A3 /7D$99

87,9A3 /A,C89 /,8A3 /7,D/A 9,91C D3,3C0 8C,A3/ 83,C00 17;)664 /3,398 /,83C /91,797 /C,98D 8,8DC 0,001 17;)664 /C,9A9 9,1A/ 03 A70 1/93 /9889 /0C9 /A/0D 001C A810 ;9A9< 170D AD 1713 879A3 /C3$C/
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RATIO ANALYSIS Meaning of Ratio:- " ratio is simple arithmetical e<pression of the relationship of one number to another6 It may be defined as the indicated 5uotient of t/o mathematical e<pressions6 "ccordin# to "ccountant0s =andboo. by >i<on4 ?ell and edford4 @a ratio is an e<pression of the 5uantitative relationship bet/een t/o numbersA6 Ratio Analysis:- !atio analysis is the process of determinin# and presentin# the relationship of items and #roup of items in the statements6 "ccordin# to atty B6 -ana#ement "ccountin# @!atio can assist mana#ement in its basic functions of forecastin#4 plannin# coordination4 control and communicationA6 It is helpful to .no/ about the li5uidity4 solvency4 capital structure and profitability of an or#aniCation6 It is helpful tool to aid in applyin# jud#ement4 other/ise comple< situations6 !atio analysis can represent follo/in# three methods6 !atio may be e<pressed in the follo/in# three /ays , 16 Pure Ratio or Simple Ratio :- It is e<pressed by the simple division of one number by another6 'or e<ample 4 if the current assets of a business are !s6 2;;;;; and its current liabilities are !s6 1;;;;;4 the ratio of DCurrent assets to current liabilities0 /ill be 2,16 26 Rate or So Many Times :- In this type 4 it is calculated ho/ many times a fi#ure is4 in comparison to another fi#ure6 'or e<ample 4 if a firm0s credit sales durin# the year are !s6 2;;;;; and its debtors at the end of the year are !s6 (;;;; 4 its 1ebtors $urnover !atio is 2;;;;;E(;;;; F ) times6 It sho/s that the credit sales are ) times in comparison to debtors6
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36

Percentage :- In this type4 the relation bet/een t/o fi#ures is e<pressed in hundredth6 'or e<ample4 if a firm0s capital is !s61;;;;;; and its profit is !s62;;;;; the ratio of profit capital4 in term of percenta#e4 is 2;;;;;E1;;;;;;G1;; F 2;H

ADVANTAG !" RAT#! ANA$%S#S /$ .elpful in analysis of "inancial Statements$ 8$ .elpful in comparati'e Study$ 9$ .elpful in locating t e !ea- spots of t e business$ 1$ .elpful in "orecasting$ A$ Estimate about t e trend of t e business$ D$ "ixation of ideal Standards$ C$ Effecti'e (ontrol$ 7$ Study of "inancial Soundness$ $#M#TAT#!NS !" RAT#! ANA$%S#S /$ (omparison not possible if different firms adopt different accounting policies$ 8$ :atio analysis becomes less effecti'e due to price le'el c anges$ 9$ :atio may be misleading in t e absence of absolute data$ 1$ )imited use of a single data$ A$ )ac- of proper standards$ D$ "alse accounting data gi'es false ratio$ C$ :atios alone are not ade+uate for proper conclusions$ 7$ Effect of personal ability and bias of t e analyst$

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CLASSIFICATION OF RATIO :atio may be classified into t e four categories as follo!s> A& $i'ui(ity Ratio a6 Current !atio b6 &uic. !atio or "cid $est !atio )& $e*erage or +apital Structure Ratio a6 1ebt 25uity !atio b6 1ebt to $otal 'und !atio c6 Iroprietary !atio d6 'i<ed "ssets to Iroprietor0s 'und !atio e6 Capital Jearin# !atio f6 Interest Covera#e !atio +& Acti*ity Ratio or Turno*er Ratio a6 %toc. $urnover !atio b6 1ebtors or !eceivables $urnover !atio c6 "vera#e Collection Ieriod d6 Creditors or Iayables $urnover !atio e6 "vera#e Iayment Ieriod f6 'i<ed "ssets $urnover !atio #6 >or.in# Capital $urnover !atio

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D& Profita,ility Ratio or #ncome Ratio

-A. Profita,ility Ratio ,ase( on Sales : a6 Jross Irofit !atio b6 Net Irofit !atio c6 Operatin# !atio d6 2<penses !atio

9B. Profita,ility Ratio )ase( on #n*estment : I. Return on Capital Employed

II. Return on Shareholders Funds : a6 !eturn on $otal %hareholder0s 'unds b6 !eturn on 25uity %hareholder0s 'unds c6 2arnin# Ier %hare d6 1ividend Ier %hare e6 1ividend Iayout !atio f6 2arnin# and 1ividend Kield #6 Irice 2arnin# !atio $#/0#D#T% RAT#! (A. $i'ui(ity Ratio:- It refers to the ability of the firm to meet its current liabilities6 $he li5uidity ratio4 therefore4 are also called D%hortLterm %olvency
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!atio06 $hese ratio are used to assess the shortLterm financial position of the concern6 $hey indicate the firm0s ability to meet its current obli#ation out of current resources6 In the /ords of %aloman B6 'lin.4 @Li5uidity is the ability of the firms to meet its current obli#ations as they fall dueA6 Li5uidity ratio include t/o ratio ,L a6 Current !atio b6 &uic. !atio or "cid $est !atio a6 +urrent Ratio:- $his ratio e<plains the relationship bet/een current assets and current liabilities of a business6 (urrent Assets>ECurrent assets includes those assets which can be converted into cash with in a years time. Current "ssets F Cash in =and M Cash at an. M E! M %hort $erm Investment M 1ebtors91ebtors N Irovision: M %toc.9%toc. of 'inished Joods M %toc. of !a/ -aterial M >or. in Iro#ress: M Irepaid 2<penses6 +urrent $ia,ilities :- DCurrent liabilities0 include those liabilities /hich are repayable in a year0s time6 (urrent )iabilities F Ban- *'erdraft G B2@ G (reditors G @ro'ision for Taxation G @roposed Di'idend G Unclaimed Di'idends G *utstanding Expenses G )oans @ayable !it in a Hear$ Significance :- "ccordin# to accountin# principles4 a current ratio of 2,1 is supposed to be an ideal ratio6 It means t at current assets of a business s ould, at least , be t!ice of its current liabilities$ T e ig er ratio indicates t e better li+uidity position, t e firm !ill be

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able to pay its current liabilities more easily$ If t e ratio is less t an 8>/, it indicate lac- of li+uidity and s ortage of !or-ing capital$ $he bi##est dra/bac. of the current ratio is that it is susceptible to @/indo/ dressin#A6 $his ratio can be improved by an e5ual decrease in both current assets and current liabilities6 ,& /uic1 Ratio:- &uic. ratio indicates /hether the firm is in a position to pay its current liabilities /ith in a month or immediately6 DLi5uid "ssets0 means those assets4 /hich /ill yield cash very shortly6 Li5uid "ssets F Current "ssets N %toc. N Irepaid 2<penses Significance :- "n ideal 5uic. ratio is said to be 1,16 If it is more4 it is considered to be better6 $his ratio is a better test of shortLterm financial position of the company6 $ V RAG !R +AP#TA$ STR0+T0R RAT#! -). $e*erage or +apital Structure Ratio :- $his ratio disclose the firm0s ability to meet the interest costs re#ularly and Lon# term indebtedness at maturity6 T ese ratio include t e follo!ing ratios > a6 De,t 'uity Ratio:- $his ratio can be e<pressed in t/o /ays, 'irst "pproach , "ccordin# to this approach4 this ratio e<presses the relationship bet/een lon# term debts and shareholder0s fund6 Formula:
1ebt 25uity !atioFLon# term LoansE%hareholder0s 'unds or Net >orth

$ong Term $oans:- $hese refer to lon# term liabilities /hich mature after one year6 $hese include 1ebentures4 -ort#a#e Loan4 an. Loan4 Loan from 'inancial institutions and Iublic 1eposits etc6
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S2are2ol(ers "un(s :- $hese include 25uity %hare Capital4 Ireference %hare Capital4 %hare Iremium4 Jeneral !eserve4 Capital !eserve4 Other !eserve and Credit alance of Irofit O Loss "ccount6 Second Approach : According to t is approac t e ratio is calculated as follo!s>E "ormula>
Debt Equity Ratio=External Equities internal Equities

1ebt e5uity ratio is calculated for usin# second approach6 Si ni!icance :" T is :atio is calculated to assess t e ability of t e firm to meet its long term liabilities$ Generally, debt e+uity ratio of is considered safe$ If t e debt e+uity ratio is more t an t at, it s o!s a rat er ris-y financial position from t e longEterm point of 'ie!, as it indicates t at more and more funds in'ested in t e business are pro'ided by longEterm lenders$ T e lo!er t is ratio, t e better it is for longEterm lenders because t ey are more secure in t at case$ )o!er t an 8>/ debt e+uity ratio pro'ides sufficient protection to longEterm lenders$ #. $e#t to Total Funds Ratio : T is :atio is a 'ariation of t e debt e+uity ratio and gi'es t e same indication as t e debt e+uity ratio$ In t e ratio, debt is expressed in relation to total funds, i$e$, bot e+uity and debt$ "ormula>
Debt to Total "unds :atio F )ongEterm )oans2S are olderIs funds G )ongEterm )oans

Significance :- Jenerally4 debt to total funds ratio of ;6*+,1 9or DC4< is considered satisfactory$ In ot er !ords, t e proportion of long term loans s ould not be more t an DC4 of total funds$
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A ig er ratio indicates a burden of payment of large amount of interest c arges periodically and t e repayment of large amount of loans at maturity$ @ayment of interest may become difficult if profit is reduced$ .ence, good concerns -eep t e debt to total funds ratio belo! DC4$ T e lo!er ratio is better from t e longEterm sol'ency point of 'ie!$ c& Proprietary Ratio:- $his ratio indicates the proportion of total funds provide by o/ners or shareholders6 'ormula,
Iroprietary !atio F %hareholder0s 'undsE%hareholder0s 'unds M Lon# term loans

Significance :- $his ratio should be 33H or more than that6 In other /ords4 the proportion of shareholders funds to total funds should be 33H or more6 " hi#her proprietary ratio is #enerally treated an indicator of sound financial position from lon#Lterm point of vie/4 because it means that the firm is less dependent on e<ternal sources of finance6 If the ratio is lo/ it indicates that lon#Lterm loans are less secured and they face the ris. of losin# their money6 (& "i3e( Assets to Proprietors "un( Ratio :- $his ratio is also .no/ as fi<ed assets to net /orth ratio6 Formula:
Fixed !sset to "ro#rietors Fund Ratio = Fixed !ssets "ro#rietors Funds $i.e.% &et 'orth(

Significance :- $he ratio indicates the e<tent to /hich proprietor0s 9%hareholder0s: funds are sun. into fi<ed assets6 Normally 4 the purchase of fi<ed assets should be financed by proprietor0s funds6 If this ratio is less than 1;;H4 it /ould mean that proprietor0s fund are more than fi<ed assets
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and a part of /or.in# capital is provided by the proprietors6 $his /ill indicate the lon#Lterm financial soundness of business6 e& +apital Gearing Ratio:- $his ratio establishes a relationship bet/een e5uity capital 9includin# all reserves and undistributed profits: and fi<ed cost bearin# capital6 "ormula>
Capital Jearin# !atio F 25uity %hare CapitalM !eserves M IOL alanceE 'i<ed cost earin# Capital

>hereas4 'i<ed Cost earin# Capital F Ireference %hare Capital M 1ebentures M Lon# $erm Loan Significance:- If the amount of fi<ed cost bearin# capital is more than the e5uity share capital includin# reserves an undistributed profits:4 it /ill be called hi#h capital #earin# and if it is less4 it /ill be called lo/ capital #earin#6 $he hi#h #earin# /ill be beneficial to e5uity shareholders /hen the rate of interestEdividend payable on fi<ed cost bearin# capital is lo/er than the rate of return on investment in business6 $hus4 the main objective of usin# fi<ed cost bearin# capital is to ma<imiCe the profits available to e5uity shareholders6 f& #nterest +o*erage Ratio:- $his ratio is also termed as D1ebt %ervice !atio06 $his ratio is calculated as follo/s, 'ormula,
Interest Covera#e !atio F Net Irofit before char#in# interest and ta< E 'i<ed Interest Char#es

Significance :- $his ratio indicates ho/ many times the interest char#es are covered by the profits available to pay interest char#es6 T is ratio measures t e margin of safety for longEterm lenders$
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$his hi#her the ratio4 more secure the lenders is in respect of payment of interest re#ularly6 If profit just e5uals interest4 it is an unsafe position for the lender as /ell as for the company also 4 as nothin# /ill be left for shareholders6 "n interest covera#e ratio of * or + times is considered appropriate6 A+T#V#T% RAT#! !R T0RN!V R RAT#!
-+. Acti*ity Ratio or Turno*er Ratio :- $hese ratio are calculated on the bases of Dcost of sales0 or sales4 therefore4 these ratio are also called as D$urnover !atio06 $urnover indicates the speed or number of times the capital employed has been rotated in the process of doin# business6 =i#her turnover ratio indicates the better use of capital or resources and in turn lead to hi#her profitability6

It includes the follo/in# , a& Stoc1 Turno*er Ratio:- $his ratio indicates the relationship bet/een the cost of #oods durin# the year and avera#e stoc. .ept durin# that year6 'ormula,
%toc. $urnover !atio F Cost of Joods %old E "vera#e %toc.

=ere4 Cost of #oods sold F Net %ales N Jross Irofit "vera#e %toc. F Openin# %toc. M Closin# %toc.E2 Significance:- $his ratio indicates /hether stoc. has been used or not6 It sho/s the speed /ith /hich the stoc. is rotated into sales or the number of times the stoc. is turned into sales durin# the year6 $he hi#her the ratio4 the better it is4 since it indicates that stoc. is sellin# 5uic.ly6 In a business /here stoc. turnover ratio is hi#h4 #oods can be sold at a lo/ mar#in of profit and even than the profitability may be 5uit hi#h6
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RESEARCH METHODOLO Y -2"NINJ O' !2%2"!C=, Re!ear"h #$ "%&&%$ par'a$"e re(er! t% a !ear"h (%r )$%*'e+,e- O$"e "a$ a'!% +e(#$e re!ear"h a! a !"#e$t#(#" a$+ !.!te&at#" !ear"h (%r pert#$e$t #$(%r&at#%$ %$ a !pe"#(#" t%p#"- I$ (a"t/ re!ear"h #! a$ art %( !"#e$t#(#" #$0e!t#,at#%$6 $he "dvanced Learner0s 1ictionary of Current 2n#lish lays do/n the meanin# of research as @ a "are(1' #$0e!t#,at#%$ %r #$21#r. !pe"#a''. thr%1,h !ear"h (%r $e* (a"t! #$ a$. 3ra$"h %( )$%*'e+,e-4 !edman and -ory define research as a @!.!te&at#5e+ e((%rt t% ,a#$ $e* )$%*'e+,e-4

%ome people consider research as a movement4 a movement from the .no/n to the un.no/n6 It is actually a voya#e of discovery6 6e a'' p%!!e!! the 0#ta' #$!t#$"t %( #$21#!#t#0e$e!! (%r/ *he$ the 1$)$%*$ "%$(r%$t! 1!/ *e *%$+er a$+ %1r #$21#!#t#0e$e!! &a)e! 1! pr%3e a$+ atta#$ (1'' a$+ (1''er 1$+er!ta$+#$, %( the 1$)$%*$6

"ccordin# to Clifford >oody research comprises definin# and redefinin# problems4 formulatin# hypothesis or su##ested solutionsP collectin#4 or#aniCin# and evaluatin#
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dataP ma.in# deductions and reachin# conclusionsP and at last carefully testin# the conclusions to determine /hether they fit the formulatin# hypothesis6

TYPES OF RESEARCH $here are various types of research, 12%C!II$IV2 !2%2"!C= , 1escriptive research includes surveys and factLfindin# en5uiries of different .inds6 The &a7%r p1rp%!e %( +e!"r#pt#0e re!ear"h #! +e!"r#pt#%$ %( the !tate %( a((a#r! a! #t e8#!t! at pre!e$tThe &a#$ "hara"ter#!t#" %( th#! &eth%+ #! that the re!ear"her ha! $% "%$tr%' %0er the 0ar#a3'e!9 he "a$ %$'. rep%rt *hat ha! happe$e+ %r *hat #! happe$#$,-

"IILI21 !2%2"!C=, !esearch can either be applied 9or action: research or fundamental 9to basic or pure: research6 App'#e+ re!ear"h a#&! at (#$+#$, a !%'1t#%$ (%r a$ #&&e+#ate pr%3'e& (a"#$, a !%"#et. %r a$ #$+1!tr#a':31!#$e!! %r,a$#5at#%$/ *herea! (1$+a&e$ta' re!ear"h #! &a#$'. "%$"er$e+ *#th ,e$era'#5at#%$! a$+ *#th the (%r&1'at#%$ %( a the%r.@Jatherin# .no/led#e for .no/led#e0s sa.e is termed Dpure0 or Dbasic0 research6A
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 &7"N$I$"$IV2 V% &7"LI$"$IV2, &uantitative research is based on the measurement of 5uantity or amount6 It is applicable to phenomena that can be e<pressed in terms of 5uantity6 &ualitative research4 on the other hand4 is concerned /ith 5ualitative phenomenon6

RESEARCH DESI N 'or this research study a 12%C!II$IV2 !2%2"!C= 12%IJN /as used6 1escribin# the a/areness of 12-"$ account and share mar.et amon# the individuals6

1escribin# the services of 12-"$ in I'IN 'IN"NCI"L %OL7$ION% pvt ltd6

%tudy the need for 12-"$ account for the share holders6

%tudy of a/areness of share mar.et amon# individuals6

$he above is the research desi#n used6

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SOURCES OF DATA COLLECTION

$he data is collected throu#h follo/in# sources6 I!I-"!K %O7!C2%, Irimary source of data is collected by /ebsite and direct intervie/ /ith subordinates6

%2CON1!K %O7!C2%, secondary sources of data are collected throu#h telephones4 publics 4 and visitin# various stoc. mar.et /ebsite6

TOOLS USED

$he follo/in# tools /ere used in collectin# the data,

&72%$IONN"I!2, &uestionnaire is the main tool used for collectin# a/areness amon# the individuals6 $he a/areness of share mar.et and 12-"$ account amon# the individuals are studied in this research by 5uestionnaire6

Project Report on the summer internship by Kumaresh L[Type text]

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 %$"$I%$IC"L $OOL 7%21, %ince this is a descriptive study bar and pie dia#rams are used for describin# the data6 $he dia#rams sho/s the number of samples and difference bet/een t/o data6

SAMPLIN

APPROACH

Irobability samplin#

Customer samplin# /as done by random samplin# 4 by collectin# samples by ); members6

;UESTIONARE SAMPLE

(a<- A,e ========= (3<e$+er : Ma'e:Fe&a'e ========

Project Report on the summer internship by Kumaresh L[Type text]

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("<- O""1pat#%$: Ser0#"e:B1!#$e!!:Pr%(e!!#%$a' pra"t#"e:E$trepre$e1r ==================== (+<- I$"%&e R!- per &%$th ========================

Project Report on the summer internship by Kumaresh L[Type text]

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