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COMPARATIVE ANALYSIS OF INVESTMENT
AVENUES
In this volatile capital market it has become very difficult for the investors that
where they should invest so as to have maximum profit. Since January, 2008
market has crashed from 21000 points to 13000 so investors could not decide
of investment avenues. The broking houses who are in the business of
providing investment opportunities and options to its clients are in trouble that
how to make their portfolio so that clients can gain.
This project takes you through with the great investment avenues available for
the investors, their comparative analysis so as to understand various investment
opportunities and satisfy investors. This project helps understanding the
differences between the different investment options and also guides you to
choose one of them as Investment Avenue.
So, it helps organization to improve their offerings in this volatile market and
take them towards development of their customer base.
All these steps help me to understand how to cope up with different types of
people and there diversified need and satisfaction level.
2
DECLARATION
The matter presented in this report will not be used for any other purpose and
will be strictly confidential.
(KIRAN MONGIA)
3
ACKNOWLEDGEMENT
Summer training is one of the most vital and active part of the curriculum of
management students. Its basic idea behind this is to strengthen the student’s
concept through practical training and make them acquainted with actual
method and procedures.
A project includes various fields of study which need a proper analysis and
which is not possibly done by an individual, it requires help from various
persons.
4
TAbLE OF CONTENTS
• Preface
• Declaration
• Acknowledgement
• Company Profile
• Project Introduction
• Objective of study
• Scope of study
• Research methodology
Method of data collection
Questionnaire design
Sample size
Sampling technique
• Data Analysis & Interpretation
• Suggestions and recommendations
• Limitation of study
• Bibliography
• Annexure
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COMPANY PROFILE
6
Company
Profile_______________________________
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MISSION & VISION OF UNICON SECURITIES PVT.LTD.
Mission:
To create long term value by empowering individual investors through
superior financial services supported by culture based on highest level of
teamwork, efficiency and integrity.
Vision:
To provide the most useful and ethical Investment Solutions - guided by values
driven approach to growth, client service and employee development.
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9
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GROUP
COMPANIES_____________________________________
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The company proposes the following to the customers:
• Margin trading of 4 times the cash deposited for delivery based trade.
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• Management of portfolio and advises.
PRODUCTS
OFFERED___________________________________
Equity
Commodity
Depository
Distribution
NRI Services
Back Office
Fixed Income
Portfolio Tracker
Mutual Funds
General Insurance
Life Insurance
EQUITY________________________________________________
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UNICON facilitates trading in secondary market in equity trading & derivative
(future & options) trading through its corporate membership of premier
exchange of the country namely National Stock Exchange (NSE), Bombay
Stock Exchange (BSE). Unicon provides equity trading to the clients online as
well as off-line service. Unicon offers the unique feature where the customers get to trade on NSE, BSE
I. Unicon Plus
It enables users to get a browser based trading terminal that can be accessed by
a unique ID and password. This facility is available to all the customers of the
company the moment they get registered with it.
COMMODITY___________________________________________
will control by the forward market commission which do work under ministry
of consumer affair,food & public distribution ,government of INDIA.
I. NCDEX____________________________________________________
II. MCX__________________________________________________________
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MCX an independent and de-mutulised multi commodity exchange has
permanent recognition from Government of India for facilitating online
trading,
clearing and settlement operations for commodity futures markets across the
country. Headquartered in Mumbai, MCX is led by an expert management
team with deep domain knowledge of the commodity futures markets.
Inaugurated in November 2003 by Shri Mukesh Ambani, Chairman &
Managing Director, Reliance Industries Ltd, MCX offers futures trading in the
following commodity categories: Agri Commodities, Bullion, Metals- Ferrous
& Non-ferrous, Pulses, Oils & Oilseeds, Energy, Plantations, Spices and other
soft commodities.
DEPOSITORY_________________________________________________
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Transfer: One can transfer shares through inter and intra
depository services.
IPO: Using the demat account details one can apply for IPO and
on allotment the securities are transferred directly to the demat
account.
DISTRIBUTION_________________________________________________
MUTUAL
FUNDS________________________________________________
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Mutual fund is a trust that pools the savings of a number of investors who
share a common financial goal. The money thus collected is invested into a
variety of securities, including stocks, bonds, and money-market instruments.
Mutual funds issue units to the investors, which represent an equitable right in
the assets of the mutual fund. Thus a mutual fund is the most suitable
investment for the common man as it offers an opportunity to invest in a
diversified, professionally managed basket of securities at a relatively low cost.
INSURANCE___________________________________________________
_
General Insurance
Unicon offers all the products of general Insurance under one umbrella.
Unicon comprises of a team of distinguished professionals from insurance,
finance and other management disciplines who have vast business &
managerial experience. Unicon team evaluates the client's business
environment and studies the risk profile. based on the results of these
evaluations, Unicon team then suggests the most cost effective , integrated
insurance package that is perfectly suited to the client's risk profile.
Life Insurance
Unicon offers you a Peace of Mind by offering various life insurance plans for
your unique & specific needs. For every financial problem, there is a solution
also is the philosophy of Unicon. And is here to give one a complete financial
solutions. One can always have an access to their 83 Branch Offices situated at
prime locations of the city, or can call to their Relationship Manager for guide
to Investments.
Following is the glimpse of Life Insurance Plans:
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- Protection Plans
- Child Plans
- Investment Plans
- Saving Plans
- NIR Plans
- Health Plans
PROPERTY_____________________________________________________
NRI
SERVICES__________________________________________________
The NRI can deal with only one bank at any point of time.
He is allowed to invest only 5% of the paid up capital of a company. The
aggregate paid up value of equity of any company purchased by all
NRI's and OCBs cannot exceed 10 percent of the paid up capital of the
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company and in the case of convertible debentures, the aggregate paid
up value of each series of debentures purchased by all NRI's and OCBs
cannot exceed 10 % of the paid up value of each series of convertible
debentures.
He can enter only into delivery based trades, all deliveries must only be
routed through beneficiary accounts and not directly through the broker.
Shares bought by him cannot be sold unless the payout of the same is
received from exchange.
All purchase and sale transactions have to be reported to the RBI by the
designated bank.
Original brokers contract notes have to be submitted to the designated
Bank branch, within 24 hours of the transaction.
He will be required to make bill to bill payments/ settlements. No
adjustments of purchase against sale consideration should be done.
Shares cannot be bought against the shares sold in the same settlement.
All Purchase and Sales will be dealt separately for payments / receipts.
Sale proceeds of any transaction not reported/approved by the RBI are
allowed to be credited to the NRE/NRO savings/demat account. The
transaction will have to be reversed in the account and losses if any will
be borne by the client.
All tax liabilities arising out of buying and selling of securities will be
handled by the designated bank.
BACKOFFICE____________________________________________
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The following reports can be viewed online:
1 Sauda details
2 Financial Ledger
3 Net Position fot the day
4 Net position Detail
FIXED
INCOME_________________________________________________
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f. Raising of capital by way of Initial Public Offers (IPO) and
Follow-on Public Offerings (FPO)
g. Securitization of receivable portfolio of Housing Finance
Companies, Banks & NBFCs by way of Pass through certificates.
PORTFOLIO TRACKER_________________________________________-
The Portfolio Tracker is a simple yet powerful tool that lets you monitor
the value of your investments and other securities you've got your eye on. To
set up your portfolio, all you need to do is enter the quantities of your
investments
in different things, and the price you made your purchases and sales at.
Portfolio Tracker lets you monitor certain securities, it is not intended to reflect
your actual holdings or account information at any broker/dealer.
COMPETITORS
INVESTMENT AVENUES
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INTRODUCTION
Savings form an important part of the economy of any nation. With the savings
invested in various options available to the people, the money acts as the driver
for growth of the country. Indian financial scene too presents a plethora of
avenues to the investors. Though certainly not the best or deepest of markets in
the world, it has reasonable options for an ordinary man to invest his savings.
The money you earn is partly spent and the rest saved for meeting future
expenses. Instead of keeping the savings idle you may like to use savings in
order to get return on it in the future, this is called Investment.
One needs to invest and earn return on your idle resoures and generate sum of
money for a specific goal in life and make a provision for an uncertain
future .One of the important reason why people needs to invest wisely is to
meet the cost of inflation. Inflation is the rate at which the cost of living
increases.
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The cost of living is simply what it costs to buy the goods and services you
need to live. Inflation causes money to lose value because it will not buy the
same amountof a good or service in the future as it does now or did in the past.
The sooner one starts investing the better. By investing early you allow your
investments more time to grow, whereby the concept of compounding
increases your income, by accumulating the principal and the interest or
dividend earned on it, year after year. Tha three golden rules for all investors
are :
• Invest Early
• Invest regularly
• Invest for long term and not for short term
INVESTMENTS
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then that investment can be termed the perfect investment. Most investors and
advisors spend a great deal of time understanding the merits of the thousands
of investments available in India. Little time, however, is spent understanding
the needs of the investor and ensuring that the most appropriate investments
are selected for him.
By and large, most investors have eight common needs from their
investments:
1. Security of Original Capital;
2. Wealth Accumulation;
3. Comfort Factor;
4. Tax Efficiency;
5. Life Cover;
6. Income;
7. Simplicity;
8. Ease of Withdrawal;
9. Communication.
Security of original capital: The chance of losing some capital has been a
primary need. This is perhaps the strongest need among investors in India,
who have suffered regularly due to failures of the financial system.
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Comfort factor: This refers to the peace of mind associated with an
investment. Avoiding discomfort is probably a greater need than receiving
comfort. Reputation plays an important part in delivering the comfort factor.
Life Cover: Many investors look for investments that offer good return with
adequate life cover to manage the situations in case of any eventualities.
Ease of withdrawal: This refers to the ability to invest long term but
withdraw funds when desired. This is strongly linked to a sense of ownership.
It is normally triggered by a need to spend capital, change investments or
cater to changes in other needs. Access to a long-term investment at short
notice can only be had at a substantial cost.
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• Security of original capital is more important when performance falls.
• Performance is more important when investments are performing well.
• Failures engender a desire for an increase in the comfort factor.
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personal circumstances as well as general market conditions. For example, a
good investment for a long-term retirement plan may not be a good
investment for higher education expenses. In most cases, the right investment
is a balance of three things: Liquidity, Safety and Return.
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Some of the most preferred Investment Avenues
30
Bank deposit simply refers to opening a bank a/c & depositing money in it.
There are various kind of bank A/C’s: current A/c, saving a/c, Fixed deposit
a/c. While a deposit in current A/c does not earn any interest, deposits in other
bank a/c earn Interest.
• Company Deposits
Many companies, large and small, solicit fixed deposits from the public.Fixed
deposits mobilized by manufacturing companies are regulated by RBI. Key
feature of co. deposits are as :
1. For a manufacturing co. the term of deposits can be one to three
years, whereas for a non-banking finance co. it can vary between
25 months to 5 years.
2. The interest rate on it are higher than those on bank deposits.
3. Company deposit represent unsecured loans.
4. It offers the facility for premature withdrawal to attract deposits.
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• Saving Bonds
• Private sector Debentures
• Public sector undertaking bonds
Government Securities
Debt securities issued by the central government, state government and
quasi-government agencies are referred to as govt. securities or gilt-
edged securities. Govt. securities have maturities ranging from 3-20
years and carry interest rates that usually vary between 8 and 10 %.
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PSUs issue debentures that are referred to as PSU bonds. There are two
broad varieties of PSU bonds: taxable bonds and tax-free bonds. There
is no deduction of tax at source on the interest paid on these bonds.
They are transferable by mere endorsement and delivery. There is no
stamp duty applicable on transfer. They are traded on stock exchanges.
FIxED DEpOSITS
It same as a term or time deposit. Money may be placed with a bank, merchant
bank, building society or credit union for a fixed term at a fixed rate of interest
which remains unchanged during the period of the deposit. Depositors may
have to accept an interest penalty if they break the deposit, ie, ask to take the
money out before the agreed period has expired.
2. Tenure
Short tenured fixed deposits continue to be your best bet. With interest rates on
the ascent, a further hike in rates offered by fixed deposits cannot be ruled out.
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Locking your investments in longer tenured instruments may lead to an
opportunity loss.
3. Liquidity
Find out how FD fares on the pre-mature encashment front i.e. how easily can
your investment be liquidated. Also enquire about the penalty clauses, e.g. do
you suffer a loss of interest and/or principal amount. Compare how various
FDs rank on this parameter and pick the best deal; thereby try to minimise the
impact of illiquidity which is typically associated with FDs.
4. Additional benefits
Fixed deposits from reputed entities offer additional benefits, e.g. they can be
used as collateral against which loans can be raised. Select a fixed deposit
scheme which scores favourably on such parameters-
Any investment portfolio should comprise the right mix of safe, moderate and
risky investments. While mutual funds and stocks are the favorite contenders
for moderate and risky investments,fixed deposits, government bonds etc. are
considered safe investments. Fixed deposits have been particularly popular
among a large section of investors in India as a safe investment option for a
long period.
With fixed deposits or FDs as they are popularly known, a person can invest an
amount for a fixed duration. The banks provide interest rates depending on this
loan amount and the tenure of deposit. Here are the benefits, drawbacks of
fixed deposits and precautions one should take while making such investments.
MUTUAL FUNDS
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A Mutual Fund is a trust that pools the savings of a number of investors who
share a common financial goal. The money thus collected is then invested in
capital market instruments such as shares, debentures and other securities. The
income earned through these investments and the capital appreciation realized
is shared by its unit holders in proportion to the number of units owned by
them. Thus a Mutual Fund is the most suitable investment for the common
man as it offers an opportunity to invest in a diversified, professionally
managed basket of securities at a relatively low cost. The flow chart below
describes broadly the working of a mutual fund:
There are many entities involved and the diagram below illustrates the
organizational set up of a mutual fund:
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Mutual fund units are Issued and redeemed by the Fund Management
Company based on the fund's net asset value (NAV), which is determined at
the end of each trading session. NAV is calculated as the value of all the shares
held by the fund, minus expenses, divided by the number of units Issued.
Mutual Funds are usually long term investment vehicle though there some
categories of mutual funds, such as money market mutual funds which are
short term instruments.
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A) Equity Funds
Equity funds are considered to be the more risky funds as compared to other
fund types, but they also provide higher returns than other funds. It is advisable
that an investor looking to invest in an equity fund should invest for long term
i.e. for 3 years or more. There are different types of equity funds each falling
into different risk bracket. In the order of decreasing risk level, there are
following
Types of equity funds:-
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• Diversified equity funds
• Value Funds
Money market / liquid funds invest in short-term (maturing within one year)
interest bearing debt instruments. These securities are highly liquid and
provide safety of investment, thus making money market / liquid funds the
safest investment option when compared with other mutual fund types.
However, even money market / liquid funds are exposed to the interest rate
risk. The typical investment options for liquid funds include Treasury Bills
(issued by governments), Commercial papers (issued by companies) and
Certificates of Deposit (issued by banks).
C) HYBRID FUNDS
As the name suggests, hybrid funds are those funds whose portfolio includes a
blend of equities, debts and money market securities. Hybrid funds have an
equal proportion of debt and equity in their portfolio. There are following types
of hybrid funds in India:
• Balanced Funds
• Growth-and-Income Funds
• Asset Allocation Funds
D)GILT FUNDS
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However, like all debt funds, gilt funds too are exposed to interest rate risk.
Interest rates and
prices of debt securities are inversely related and any change in the interest
rates results in a change in the NAV of debt/gilt funds in an opposite direction.
For investments in mutual fund, one must keep in mind about the Pros and
cons of investments in mutual fund.
Advantages of Investing Mutual Funds:
C. Economies of Scale - Mutual fund buy and sell large amounts of securities
at a time, thus help to reducing transaction costs, and help to bring down the
average cost of the unit for their investors.
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D. Liquidity - Just like an individual stock, mutual fund also allows investors
to liquidate their holdings as and when they want.
B. Costs – The biggest source of AMC income is generally from the entry &
exit load which they charge from investors, at the time of purchase. The mutual
fund industries are thus charging extra cost under layers of jargon.
D. Taxes - when making decisions about your money, fund managers don't
consider your personal tax situation. For example, when a fund manager sells a
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security, a capital-gain tax is triggered, which affects how profitable the
individual is from the sale. It might have been more advantageous for the
individual to defer the capital gains liability
Equity MarkEt
A stock market is a public market for the trading of company stock and
derivatives at an agreed price; these are securities listed on a stock exchange as
well as those only traded privately.
Indian stock markets particularly the BSE and the NSE, had been a preferred
destination not only for the Indian investors but also for the Foreign investors.
Although Indian Markets had been through tough times due to various scams,
but history shows that they recovered very fast. Many types of scrip had been
value creators for the investors. People have earned fortunes from the stock
markets, but there are people who have lost everything due to incorrect timings
or selection of fundamentally weak companies.
Equity shares
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may authorize you to vote at the company's annual general meeting, where
shareholders usually receive one vote per share.
In theory, every stockholder, no matter how small their stake, can exercise
some influence over company management at the annual general meeting. In
reality, however, most private investors' stakes are insignificant. Management
policy is far more likely to be influenced by the votes of large institutional
investors such as pension funds.
a) STOCKS SYMBOLS
A stock symbol, or 'Epic' symbol, is the standard abbreviation of a stock's
name. You can find stock symbols wherever stock performance information is
published - for example, newspaper stock listings and investment websites.
Company names also have abbreviations called ticker symbols. However, it's
worth remembering that these may vary at the different exchanges where the
company is quoted.
b) PERFORMANCE INDICATORS
Closing price: The last price at which the stock was bought or sold
High and low : The highest and lowest price of the stock from the previous
trading day
52 week range: The highest and lowest price over the previous 52 weeks
Volume: The amount of shares traded during the previous trading day
High and low
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Net change: The difference between the closing price on the last trading
day and the closing price on the trading day prior to the last.
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You cannot trade all stocks on the stock exchange. To be listed on a stock
exchange, a stock must meet the listing requirements laid down by that
exchange in its approval process. Each exchange has its own listing
requirements, and some exchanges are more particular than others. It is
possible for a stock to be listed on more than one exchange. This is known as a
dual listing.
DErivativE MarkEt
Is a product whose value is derived from the value of one or more basic
variables, called underlying. The underlying asset can be equity, index, foreign
exchange (forex), commodity or any other asset. Derivative products initially
emerged as hedging devices against fluctuations in commodity prices and
commodity-linked derivatives remained the sole form of such products for
almost three hundred years. The financial derivatives came into spotlight in
post-1970 period due to growing instability in the financial markets. However,
since their emergence, these products have become very popular and by 1990s,
they accounted for about two thirds of total transactions in derivative products.
Types of derivatives
The most commonly used derivatives contracts are forwards, futures and
options, which we shall discuss in detail later. Here we take a brief look at
various derivatives contracts that have come to be used.
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B. Futures: A futures contract is an agreement between two parties to buy or
sell an asset at a certain time in the future at a certain price. Futures contracts
are special types of forward contracts in the sense that the former are
standardized exchange-traded contracts.
C. Options: Options are of two types - calls and puts. Calls give the buyer the
right but not the obligation to buy a given quantity of the underlying asset, at a
given price on or before a given future date. Puts give the buyer the right, but
not the obligation to sell a given quantity of the underlying asset at a given
price on or before a given date.
D. Swaps: Swaps are private agreements between two parties to exchange cash
flows in the future according to a prearranged formula. They can be regarded
as portfolios of forward contracts. The two commonly used swaps are:
• Interest rate swaps: These entail swapping only the interest related
cash flows between the parties in the same currency.
insurancE
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Life time of work we look forward to life of retirement. Our finances too
tend to change as we go through the various phases of life. In the first
twenty of our life, we are financially and emotionally dependents on our
parents and their are no financial commitments to be met. In the next twenty
years we
Types of insurance
A) Term insurance plans
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Term insurance is the cheapest form of life insurance available. Since a term
insurance contract only pays in the event of eventuality the life cover comes at
low premium rates. Term insurance is a useful tool to purchase against risk of
early death and protection of an asset.
B) Endowment plans
Endowment plans are savings and protection plans that provide a dual benefit
of protection as well as savings. Endowment plans pay a death benefit in the
event of an eventuality should the customer survive the benefit period a
maturity benefit is paid to the life insured.
D) Pension plans
Pension plans allow an individual to save in a tax deferred manner. An
individual can either contribute through regular premiums or make single
premium investments. Savings accumulate over the deferment period. Once the
contract reaches the vesting age , the individual has the option of choosing an
annuity plan from a life insurance company. An annuity is paid till the life the
lifetime of the insured or a predetermined period depending upon the annuity
option chosen by the life insured.
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Unit linked insurance plan (ULIP) is life insurance solution that provides for
the benefits of risk protection and flexibility in investment. The investment is
denoted as units and is represented by the value that it has attained called as
Net Asset Value (NAV). The policy value at any time varies according to the
value of the underlying assets at the time. In a ULIP, the invested amount of
the premiums after deducting for all the charges and premium for risk cover
under
all policies in a particular fund as chosen by the policy holders are pooled
together to form a Unit fund. A Unit is the component of the Fund in a Unit
Linked Insurance Policy. The returns in a ULIP depend upon the performance
of the fund in the capital market. ULIP investors have the option of investing
across various schemes, i.e., diversified equity funds, balanced funds, debt
funds etc. It is important to remember that in a ULIP, the investment risk is
generally borne by the investor.
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A percentage of the premium is appropriated towards charges initial and
renewal expenses apart from commission expenses before allocating the units
under the policy.
• Mortality Charges
These are charges for the cost of insurance coverage and depend on number of
factors such as age, amount of coverage, state of health etc.
• Surrender Charges
Deducted for premature partial or full encashment of units.
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cOMParativE anaLysis Of invEstMEnt avEnuEs
50
rEsEarcH MEtHODOLOGy
RESEARCH DESIGN
A Research design is purely and simply the framework of plan for a study
that guides the collection and analysis of data. The study is intended to find
the investors preference towards various investment avenues. The study
design is descriptive in nature.
DESCRIPTIVE RESEARCH
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Research Area : Ghaziabad, Noida
Sampling Technique
Convenience method of sampling is used to collect the data from the
respondents. Researchers or field workers have the freedom to choose
whomever they find, thus the name “convenience”. About 100 samples were
collected from Ghaziabad and noida city.
• To find out how the investors get information about the various financial
instrument
• To find out the saving habits of the different customers and the amount
they invest in various financial instruments.
• What are the various factors that they consider before investing.
SCOPE OF STUDY
52
and cons of investing in different avenues and also help in choosing best
from them.
53
A. Number of male and females in survey
Gender Respondent
Male 83
Female 17
Total 100
Table 1.1
Figure 1.1
Interpretation
The male respondent are 83 and the females are 17 which shows the majority
of male respondent in survey.
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B. Geographical Distribution
Figure 1.2
Interpretation
As the sampling area is Noida & Ghaziabad. Here, 72% respondent are from
Ghaziabad & 28% from Noida.
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C. Age of the respondent
Age % of Respondent
20-30 25
31-40 36
41-50 27
Above 50 12
Total 100
Table 1.3
Figure: 1.3
Interpretation
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D. Occupation of Respondent
Occupation % of Respondent
Student 5
Entrepreneur 25
Working 32
Professional 23
Retired 15
Total 100
Table: 1.4
Figure :1.4
Interpretation
As the sample size is 100, where major responses are from working category
i.e. 32% & the rest are 25% from entrepreneur, 23% from professionals, 15%
from retired & 5% from students.
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Mutual fund 55 45
Equity market 75 25
Derivatives 35 65
Fixed Deposit 100 0
Insurance 98 2
Table: 1.5
Figure :1.5
Interpretation
The responses mention in table 1.5 shows that people are more aware about
investment as fixed deposits (100) in bank because it is a common type of
investment since earlier time, followed by Insurance (98). Near about 75
people knows about investment in equity shares & 55 in mutual funds. Only 35
people knows about investment in derivatives because it is common to those
people who are risk taker.
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Newspaper 30
Co.’s sales force 15
Advertisement 10
Table 1.6
Figure 1.6
Interpretation
Table 1.5 shows that media is the most powerful source of information
regarding investment avenues, for example: Zee Business, CNBC Aawaz.
After media newspaper is a good source of information. Co.’s sales force &
advertisement are also helpful in providing such information.
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Derivatives 7 10 33
Fixed 80 15 5
deposits
Insurance 75 15 10
Table:1.7
Interpretation
H. % of Income As Investment
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Table 1.8
Figure:1.8
Interpretation
61
Figure: 1.9
Interpretation
As per the responses obtained from the survey of 100 people shows that 43%
people takes market sentiments as the basis for making investment, while there
are 39% people, who considers the past performance & only 18% people
makes fundamental & technical analysis for making Investment .
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Table : 1.10
Figure :1.10
Interpretation
As responses obtained from people shows that maximum people makes
investment with the aim to gain max. return ®ular income flow.Out of
100 , 43% people Invest to gain Max. return, 29% for regular income
flow,17% for safety & 11% for tax saving.
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Every attributes of investor like his age level, income level,
his expectation level have effect on their portfolio design.
The project is based upon various financial instrument that are available in
India and the perception level of the customer about these financial
instruments. For which there will be the need of information from the
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customers about their knowledge of these financial products. The various
limitations of the study are:
BIBLIOGRApHY
65
www,nseindia.com
www.bseindia.com
www.uniconindia.in
www.amfiindia.com
www.mcx.com
www.mutualfundsindia.com
www.scribd.com
ANNExURE
66
QUESTIONNAIRE
Name:
Contact No:
67
E mail id:
2. Gender
(a) Male [ ] (b) Female [ ]
3. Occupation
(a) Student [ ] (b) Entrepreneur [ ] (c) Working [ ]
(d) Professional [ ] (e) Retired [ ]
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6. Please rate the following investment options as per your
preference :
Mutual Fund [ ] Fixed Deposits [ ] Derivatives [ ]
Equity [ ] Insurance [ ]
12. What are the factors you consider while investing in any of the
financial instrument?
Max. return Tax saving
Safety Regular income flow
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13. How long you prefer to keep your money invested in any financial
instrument?
Less than 6 months 6 months to 1 yr.
1 to 3 yrs. More than 3 yrs.
15. Are you satisfied with your investment decision, please rate :
Highly satisfied Satisfied
Less Satisfied Not satisfied
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