A Project Report

On
“INDIA INFOLINE SECURITY,Ltd”
A summer Project Report Submitted in Partial Fulfillment of award
of MBA Degree

Project Guide
Prof. Dr. Sonu Gupta

Prof. Gincy mathew

Submitted by
alok patel

Roll.no.55

sahil patel

Roll.no.90

S.K. PATEL INSTITUTE OF MANAGEMENT & COMPUTER STUDIES

Gandhinagar, India
August, 2018

CERTIFICATE
This is to certify that Mr.alok patel and Mr. sahil patel of S.K.Patel Institute of management
& computer studies-MBA. Summer project titled, “India Infoline security.ltd” in the year
2018 in partial fulfillment of Kadi sarva vishwavidyalaya requirement for the award of the title
of Master of Business Administration.
Dr. Bhavin pandiya Dr. Sonu Gupta

Prof. Gincy mathew

Director project Guide

DECLARATION

We, hereby, declare that the summer Project on “Indian Infoline security Ltd” is original to
the best of our knowledge and has not been published elsewhere. This is for the purpose of
partial fulfillment of Kadi Sarva Vishwavidyalaya requirements for the award of the title of
Master of Business Administration, only.

Student Name signature

Alok patel
sahil patel
 ACKNOWLEDGEMENT

We acknowledge them with much pride and delight. We are thankful to the management of INDIA INFOLINE
FINANCE Ltd. which permitted our for doing the grand project within, an exposure of functioning of giant
corporate for the 60 days. We would like to thank Mr. Prathmesh (HR. manager) for giving this opportunity
to undergo training at their organization.

We would like to express our sincere thanks to Mr.prakash prajapati,Mr baldev prajapti, and Mr rakesh
patel my Project Guide – INDIA INFOLINE FINANCE Ltd. for his valuable suggestions and guidance for
this project work.

We would also like to express our deepest sense of gratitude to Prof. (DR.) Sonu Gupta and Prof. GINCY
MATHEW of S. K. PATEL INSTITUTE OF MANAGAMENT & COMPUTER STUDIES for providing
our an opportunity to undertake this project work.

Last but not least, We would like to thank all my friends and staff members at company.

EXECUTIVE SUMMARY
This Summer Project Report of the India Infoline Finance Ltd. includes various functions like
production, sale and marketing, finance, purchase. This report is prepared after the training of
60 days at the company’s location at gandhinagar. It includes the in brief analysis of various
department of the company.

This report is mainly focus on the finance department, financial planning, capitalization etc.
This report has tried its best to collect the information as much as possible about the company.
 Table of Content

SR .NO PARTICULAR PAGE

NO.
1. INTRODUCTION 8-9
2. RESEARCH METHODOLOGY 10
2.1 Objectives of the study 11
2.2 Data collection method 11
2.3 Research design 11
2.4 Sampling method 11
2.5 Sampling size 12
2.6 Data collection instrument 12
2.7 Limitation of the study 12
3. INDUSTRY PROFILE 13
3.1 Introduction of broking industries 14
3.2 History of broking industries 15-17
3.3 Introduction of mutual fund 18-22
4. COMPANY PROFILE 23
4.1 Introduction of IIFL 24-25
4.2 Mission & vision if IIFL 26
4.3 Membership 26
4.4 Products 27
4.5 Competitors 28-33
4.6 Service overview 34-35
5. DATA ANALYSIS AND INTERPRETATION 36
5.1 SWOT analysis of IIFL 37-38
5.2 Data analysis 39-52
6. FINDINGS & CONCLUSION 53-54
7. LEARNING 55
8. SUGGESTIONS 56
QUESTIONNAIRE & BIBLIOGRAPHY 57-59

CHAPTER-1
INTRODUCTION
A mutual fund is a trust that pools the saving of a number of investors who save a common financial goal. The
money thus collected invested by the fund manager in different type of securities depending upon the objective
of the scheme. These could range from shares to debentures to money market instruments. The income earned
through these investments and the capital appreciation realized by the scheme 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 is offer an opportunity to invest in a diversified professionally managed portfolio at a relatively
low cost. The small saving of the investor are put together to increase the buying power and hire a professional
manager to invest and the monitor the money. Anybody with an ingestible surplus of as a few thousand rupees
can invest in mutual fund. Each mutual fund scheme as a defined investment objective and strategy.

A mutual fund is an ideal invest vehicle for today’s complex and modern financial scenario. Markets for equity
shares, bonds, and other fixed income instruments, real estate, derivatives, and other assets have become mature
and information driven. Price Wall Street Crash of 1929, Congress changes in these assets are driven by global
events occurring in faraway places. A typical individual is unlikely to have the knowledge, skills, inclination,
and time to keep track of events, understand their implications and act speedily. An individual also finds it
difficult to keep track of ownership of his assets, investments, brokerage dues and bank transactions etc.

Mutual funds were introduced to the United States in the 1890s. Early U.S. funds were generally closed-end
funds with a fixed number of shares that often traded at prices above the portfolio net asset value. The first
open-end mutual fund with redeemable shares was established on March 21, 1924 as the Massachusetts
Investors Trust. (It is still in existence today and is now managed by MFS Investment Management.)

In the United States, closed-end funds remained more popular than open-end funds throughout the 1920s. In
1929, open-end funds accounted for only 5% of the industry's $27 billion in total assets.
After the passed a series of acts regulating the securities markets in general and mutual funds in particular.
The Securities Act of 1933 requires that all investments sold to the public, including mutual funds, be
registered with the SEC and that they provide prospective investors with a prospectus that discloses essential
facts about the investment.
The Securities and Exchange Act of 1934 requires that issuers of securities, including mutual funds, report
regularly to their investors; this act also created the Securities and Exchange Commission, which is the principal
regulator of mutual funds.

The Revenue Act of 1936 established guidelines for the taxation of mutual funds.
The Investment Company Act of 1940 established rules specifically governing mutual funds.

CHAPTER: 2
RESEARCH METHODOLOGY

2.1 OBJECTIVES OF THE STUDY

➢ Primary Objectives
perception for Tovals mutual fund WRT. “INDAIN INFOLINE SECURITY LTD.”
To know the investments preferences in mutual fund schemes.
➢ Secondary Objectives
To know the opportunities available for investment in mutual fund schemes.
To know about the investment options with respect to various schemes offered by the mutual funds.
To find out which income level people invest in mutual fund schemes more.

2.2 DATA COLLECTION METHOD

➢ Primary
Questionnaire survey
➢ Secondary

Secondary data collected from following source

● Website
● book
● Annual report

2.3 RESEARCH DESIGN

● In this study Descriptive research design is used.

2.4 SAMPLING METHOD

● Non probability Convenience sampling approach is used here.

2.5 SAMPLING SIZE

● Survey total sample size is 100.

2.6 DATA COLLECTION INSTRUMENT

● Research Technique: Questionnaire
● Type of Questionnaire: Structured
● No of Questionnaire: 100
Se.No. Work in daily Questionnaire Area
1 week Calling - -
After all days are fill Questionnaire
up to questionnaire
1. Questionnaire 100 gandhinagr

2.7 LIMITATION OF THE STUDY

Like every research, this project will also have some limitations.

● Personal Bias:
People may have personal base towards particular investment option so they may not give
correct information and due to which conclusion may be derived.
● Time Limit:
The time duration of the research is short that’s why the information is not covered fully.
● Area:
The area was limited to Gandhinagar city only, so I cannot know the degree of the literacy outside the
city.
● Sample Size:
The last limitation is Sample size, taken by us is of 100 only; due to which I may not get the proper
results.
 CHAPTER: 3
INDUSTRY PROFILE

3.1 INTRODUCTION OF BROKING INDUSTRIES

Stock market refers to a market place where investors can buy and sell stocks. The price at which each buying
and selling transaction takes is determined by the market forces (i.e. demand and supply for a particular stock.)
in earlier times, buyers and sellers used to assemble at stock exchanges to make a transaction but now with the
dawn of IT, most of the operations are done electronically and the stock markets have become almost paperless.
Now investors don’t have to gather at the exchanges, and can trade freely from their home or office over the
phone or through internet.

In actuality the brokerage industry continue to develop rapidly. Due to this, some commercial banks have as
subsidiaries, brokerage houses that offer discount and some of them have available accounts that offer all of the
services that are offered by a checking account.

The basic function of a brokerage firm is to execute buy and sell orders for clients. Traditionally these firms
have offered the investigation of the quality and the possibilities of investing in a variety of investment
products. It is still accustomed for brokerage firms to offer information about possible investment free of
charge. This activity of bringing free of charge stock investment reports is one of the main tools that are utilized
by brokerage houses to complete against other firms and to investors it continues to be an important services.

Full services brokerage firms continue to offer informative stock reports and a level of services much higher
than other brokerage houses. Discount brokerage house only dedicate them to execute orders for clients. Full
services brokers are sellers looking for purchasing and selling for clients and offering more customer services
than is available from discount brokers. It is many times possible that a client will not even know who is taking
care of the buy or sell order that they placed.

3.2 HISTORY OF BROKING INDUSTRIES

One of the oldest stock markets in Asia, the Indian stock markets has a 200 years old history.

● 18th century- east India Company was the dominant institution and by end of the century, business in its loan
securities gained full momentum.
● 1830’s- business on corporate stocks and shares in bank and cotton presses started in Bombay. Trading list
by the end of 1839 got broader.
● 1940’s- recognition from banks and merchants to about half a dozen brokers.
● 1850’s- rapid development of commercial enterprise saw brokerage business attracting more people into the
business.
● 1860’s- the number of brokers increased to 60
● 1860-61- the American civil war broke out which caused a stoppage of cotton supply from United States of
America; marking the beginning of the “share mania” in India.
● 1862-63- the number of brokers increased to about 200 to 250
● 1865- a disastrous slump began at the end of the American civil war (as an example, bank of Bombay share
which had touched rs.2850 could only be sold at rs.87) pre-independence scenario-establishment of different
stock exchanges.
● 1874- With the rapidly developing share trading business, brokers used to gather at a street (now well
known as “dalal street”) for the purpose of transaction business.
● 1875- “The native share and stock brokers (also known as “the Bombay stock exchange”) was established in
Bombay.
● 1880’s- development of cotton mills industry and set up of many others.
● 1894- establishment of “the Ahmadabad share and stock brokers’ association”
● 1880-90’s- sharp increase in share prices of jute industries in 1870’s was followed by a boom in tea stocks
and coal.
● 1908- “The Calcutta stock exchange association” was formed.
● 1920- Madras witnessed boom and business at “the madras stock exchange” was transacted with 100
brokers.
● 1923- When recession followed, number of brokers came down to 3 and the exchange was closed down.
● 1934- Establishment of the Lahore stock exchanges.
● 1936- Merger of the Lahore stock exchange with the Punjab stock exchange.
● 1937- Re-organization and set up of the madras stock exchange limited (pvt.) led by improvement in stock
market activities in south India with establishment of new textile mills and plantation companies.
● 1940- Utter Pradesh stock exchange limited and Nagpur stock exchange limited was established.
● 1944- Estntablishment of “the Hyderabad stock exchange limited.”
● 1947- “Delhi stock and share brokers association limited” and “the Delhi stocks and shares exchange
limited” were established and later or merged into “the Delhi stock exchange association limited.”

STOCK EXCHANGES IN INDIA

The Stock Exchange, BSE and NSE are Country’s two leading Exchanges. There are 20 other regional
Exchanges.

a) BOMBAY STOCK EXCHANGE

b) NATIONAL STOCK EXCHANGE

● BOMBAY STOCK EXCHANGE:

It traces its history to the 1850s, when four Gujarati and one Parsi stockbroker would gather under banyan trees
in front of Mumbai’s Town Hall. The location of these meetings changed many times, as the number of brokers
constantly increased. The group eventually moved to Dalal Street in 1874 and in 1875 became an official
organization.

The Bombay Stock Exchange is Asia’s first stock exchange established in 1875. The BSE is world’s fastest
stock exchange with a median trade speed of 6 micro seconds. More than 5500 companies are publicly listed on
the BSE.

The history of Indian stock market starts with 318 persons taking membership in native share and stock brokers
association, which is known as Bombay Stock Exchange. In 1965, BSE got permanent recognition from
Government of India. The history of Indian stock market is almost the same as the history of BSE.

● NATIONAL STOCK EXCHANGE:

National stock exchange was established in 1992 as the first demutualized electronic exchange in the country.
NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading
system which offered easy trading facility to the investors.

The National Stock Exchange of India is the leading stock exchange of India located in Mumbai. It is the
world’s 12th largest stock exchange as of 23 January, 2015
 /

NSE offers trading, clearing and settlement services in equity, equity derivatives, debt and currency derivatives
segments. It is the first exchange in India to introduce electronic trading facility thus connecting together the
investor base of the entire country.

NSE offers trading in different segments like, Equities, Derivatives, Debt, Equity derivatives, Currency
derivatives and Interest Rate Futures.

3.3 INTRODUCTION OF MUTUAL FUNDS

A mutual fund is vehicle that enables a number of investors to pool their money and have it jointly managed by
a professional money manager.

The fund is divided into units and each holder is entitled to a proportionate share of the fund. Each "unit holder"
has the right to their share of the assets of the fund and any income that the fund earns. Under tax law, the fund
must distribute all of its income each year, to itself avoid taxation. These "distributions" of realized capital
gains, interest and dividend incomes are made as frequently as monthly.

Mutual funds are regulated by governments, which ensure that adequate information is available to prospective
purchasers and unit holders about the fund characteristics and its performance. The major fund disclosure
document is called the prospectus. Each fund is required to be audited and to provide statements to the unit
holders. Major changes to the fund require unit holder approval.

TYPES OF MUTUAL FUND SCHEMES

 ➢ By structure :
➢ a. Open-Ended Funds
➢ These funds don’t have any constraints in a time period or number of units – an investor can trade funds at
their convenience and exit when they like at the current NAV (Net Asset Value). This is why its unit capital
changes constantly with new entries and exits. An open-ended fund may also decide to stop taking in new
investors if they do not want to (or cannot manage large funds).

b. Closed-Ended Funds
➢ Here, the unit capital to invest is fixed beforehand, and hence they cannot sell a more than a pre-agreed
number of units. Some funds also come with an NFO period, wherein there is a deadline to buy units. It has
a specific maturity tenure and fund managers are open to any fund size, however large. SEBI mandates
investors to be given either repurchase option or listing on stock exchanges to exit the scheme.

c. Interval Funds

➢ This has traits of both open-ended and closed-ended funds. INTERVAL FUND can be purchased or exited
only at specific intervals (decided by the fund house) and are closed the rest of the time. No transactions will
be permitted for at least 2 years. This is suitable for those who want to save a lump sum for an immediate
goal (3-12 months).
➢ By Nature :

Equity Funds:
These are funds that invest in equity stocks/shares of companies. These are considered high-risk funds but
also tend to provide high returns. Equity funds can include specialty funds like infrastructure, fast moving
consumer goods and banking to name a few. They are linked to the markets and tend to

Debt Funds:
These are funds that invest in debt instruments e.g. company debentures, government bonds and other fixed
income assets. They are considered safe investments and provide fixed returns. These funds do not deduct
tax at source so if the earning from the investment is more than Rs. 10,000 then the investor is liable to pay
the tax on it himself.
 Balanced Funds:
These are funds that invest in a mix of asset classes. In some cases, the proportion of equity is higher than
debt while in others it is the other way round. Risk and returns are balanced out this way. An example of a
hybrid fund would be Franklin India Balanced Fund-DP (G) because in this fund, 65% to 80% of the
investment is made in equities and the remaining 20% to 35% is invested in the debt market. This is so
because the debt markets offer a lower risk than the equity market.

By Investment objectives:
● Growth funds:
● Under these schemes, money is invested primarily in equity stocks with the purpose of providing capital
appreciation. They are considered to be risky funds ideal for investors with a long-term investment timeline.
Since they are risky funds they are also ideal for those who are looking for higher returns on their
investments.

● Income funds: Under these schemes, money is invested primarily in fixed-income instruments e.g. bonds,
debentures etc. with the purpose of providing capital protection and regular income to investors.

● Balanced or Hybrid Funds: These are funds that invest in a mix of asset classes. In some cases, the
proportion of equity is higher than debt while in others it is the other way round. Risk and returns are
balanced out this way. An example of a hybrid fund would be Franklin India Balanced Fund-DP (G) because
in this fund, 65% to 80% of the investment is made in equities and the remaining 20% to 35% is invested in
the debt market. This is so because the debt markets offer a lower risk than the equity market.

● Money Market Funds: These are funds that invest in liquid instruments e.g. T-Bills, CPs etc. They are
considered safe investments for those looking to park surplus funds for immediate but moderate returns.
Money markets are also referred to as cash markets and come with risks in terms of interest risk, reinvestment
risk and credit risks.
Other schemes:
● Tax-Saving Funds (ELSS): These are funds that invest primarily in equity shares. Investments made in these
funds qualify for deductions under the Income Tax Act. They are considered high on risk but also offer high
returns if the fund performs well.

Index Funds: These are funds that invest in instruments that represent a particular index on an exchange so as
to mirror the movement and returns of the index e.g. buying shares representative of the BSE Sensex.

● Sector Funds: These are funds that invest in a particular sector of the market e.g. Infrastructure funds invest
only in those instruments or companies that relate to the infrastructure sector. Returns are tied to the
performance of the chosen sector. The risk involved in these schemes depends on the nature of the sector.

● MUTUAL FUND IN INDIA

The first introduction of a mutual fund in India occurred in 1963. When the government of India launched ‘Unit
Trust of India’. UTI enjoyed a monopoly in the Indian mutual fund market until 1987.

When a host of other government controlled Indian financial companies’ established their own funds, including
State Bank of India, Canada Bank and Punjab National Bank. This market was made open to private players in
1993, as result of holistic constitutional amendment brought forward by the then congress led government under
the existing of Liberalization, Privatization and Globalization (LPG).

The first private sector fund to operate in India Kothari Pioneer, which later merge with Franklin Templeton in
1996, SEBI the regulator of mutual fund in India.

CHAPTER:4
COMPANY PROFILE
Name India infoline finance limited

Type Public company

Founder Nirmal jain , Rajmani venkataraman

Founded 1995

Employees 15549

Branches 1750
Customers 14 lakh

Web site WWW.infl.com

Headquarter Mumbai

Tgline/Slogan Knowledge is the edge; its all about money, honey

4.1 INTRODUCTION OF IIFL:

IIFL was founded on Oct 17, 1995 by Nirmal Jain , a 1986 graduate from University of Mumbai and an
alumnus of Indian Institute of Management, Ahmadabad. Jain is among the few successful entrepreneurs post
the economic liberalization era in India ushered by PV NarasimhaRao. Jain was previously employed
with Hindustan Lever Limited. The company was founded as Probity Research and Services Private Limited
which provided research on the Indian economy, businesses and corporate. The name was later changed to India
Infoline Limited.

A few years into the business, the organization found itself with clients which included research organizations,
banks and corporate. They then began launching their research products to become more noticeable in the
market. In the meanwhile, the dotcom revolution was beginning to take place in India. The website was created
in 1999.

Taking the business one step ahead this group of consultants opened a trading portal – www.5paisa.com –in
2000 thus moved into the business of being a full service broking agency. During this time they widened their
distribution network.

In 2001, the Indian dotcom industry saw a downfall. During this time, sustaining became tough. The
organization then decided to tie-up with leading Life Insurance company ICICI Prudential, thus putting to use
its distribution network and becoming India's first corporate agent for insurance.

Today, IIFL Holdings Limited is India’s leading integrated financial services group with diverse operating
businesses, mainly Non Banking and Housing Finance, Wealth and Asset Management, Broking, Financial
Product Distribution, Investment Banking, Institutional Equities, Realty and Property Advisory Services.

IIFL Holdings has a consolidated net-worth of over Rs 45 billion; global presence in Canada, United
States, UK, Singapore, Hong Kong, Switzerland, Mauritius, and UAE; An employee workforce of over 15549, a
strong network of over 2,250 service locations spread across India, over Rs 364 billion loan assets under
management; over Rs 1,250 bn wealth assets under advice, management and distribution; over 500 stocks under
research and more than 300of the world’s top institutional investors relying on IIFL's research.
4.2 MISSION & VISION OF IIFL:

● Vision:
“Providing superior standards of financial services, focusing on professionalism, speed & ethics to a wider
corporate service in India & proposed to start its operation in the sub-continent & overseas”

● Mission:
“To be a world class services provider by arranging all conceivable financial services under one roof at
affordable cost through cost effective delivery system, and to achieve the organic growth of business by
adding newer lines of business”

4.3 MEMBERSHIP:

The company is having trading and clearing membership of,

→ National Stock Exchange of India Ltd.

-Equity

-Derivatives

-Currency Derivatives

- Mutual Funds Online

4.4 Products

● Mutual Funds
● Equity Funds
● Demat Account
● NCD (Non Convertible Debenture)
● Home Loan
● Personal Loan
● Gold Loan
● Business Loan
● Trading Platform
 ● Loan against Property
● Commercial Vehicle Loan
● NRI Services
● Wealth Management
● Realty
● Institutional Equities
● Asset management
● Investment Banking

4.5Competitors
➢ Motilal Oswal Financial Services (MOFSL) was founded in 1987 by Mr. Motilal Oswal and Mr.
Ramdeo Agrawal as a sub broking firm. In just three years Motilal Oswal became members of on The
Bombay Stock Exchange (BSE). It was incorporated in year 1995.
➢ Motilal Oswal offers a wide range of financial services such as wealth management, broking and
distribution, commodity broking, portfolio management services, institutional equities, private equity
and investment banking services. It offers wealth management services under the name Purple.

➢ MOFSL has subsidiaries enveloping the different functions in the names of Motilal Oswal Securities
(MOSL), Motilal Oswal Investment Advisors (MOIA), Motilal Oswal Commodities Broker (MOCBL)
and Motilal Oswal Venture Capital Advisors (MOVC).

➢ Motilal Oswal Financial Services is a known brand among retail and institutional investors in India, with
a presence in over 1533 business locations across over 487 cities.

➢ Since 1947, our firm has been dedicated to delivering exceptional asset management for institutional,
retail, and high-net-worth clients. Find out what gives us our unique investment perspective.

➢ With more than 600 investment professionals in 28 countries around the world, they are uniquely
positioned to look beyond the largest or most visible securities in each market to spot smart global
investments that meet our rigorous investment criteria. Our firsthand understanding of local culture,
companies and economies sets us apart as a truly global partner.

➢ HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on
December 10, 1999, and was approved to act as an Asset Management Company for the HDFC Mutual
Fund by SEBI vide its letter dated July 3, 2000.
➢ The registered office of the AMC is situated at “HDFC House”, 2nd Floor, H. T. Parekh Marg, 165-166,
Backbay Reclamation, Churchgate, Mumbai - 400 020. The Company Identification Number (CIN) is
U65991MH1999PLC123027.

➢ In terms of the Investment Management Agreement, the Trustee has appointed the HDFC Asset
Management Company Limited to manage the Mutual Fund.

➢ UTI AMC, India’s most trusted Wealth creators and always has the interest of its investors in its heart.
UTI AMC has completed 50 years as India’s leading financial service institution and was a sole vehicle
of capital market investment for Indian Citizens till the early 90’s. The institution has shown great
resilience and has grown from strength to strength overcoming economic turbulence and global
turnarounds.

➢ UTI has contributed immensely to industrial and capital growth in the Indian market. It has led
transformative initiatives like developmental financial institutions, rural outreach programs and financial
products and services.UTI AMC has assets under management across different businesses which include
domestic mutual fund, Portfolio Management Services, International business, Retirement Solutions,
Venture Funds and Alternative Investment assets.

➢ UTI AMC is today a household name in India and has a wide portfolio to suit the varied needs of
investors supported by industry-led best practices, long-term vision, and shareholder values. With 150
branches, 47,000 highly trained IFAs, 320 Chief Agents and Business Development Associates and over
1 crore investor accounts, UTI AMC is one of the leading financial institutions with a pan Indian
presence. They are committed to continuing their legacy of delivering best in class services with a focus
on social responsibility and nation-building.

➢ An evolving, emerging & enterprising group with its roots in the financial services sector and today
expanding into newer horizons with great passion.
➢ The vision of the group is to be leaders in businesses driven by customer satisfaction, commitment to
excellence and passion for continued value creation for all stakeholders. This vision has helped us grow
and build the trust of our customers and associates which is at the cornerstone of everything they do.
Trust is also at the heart of our success and the driver for passion for our success.

➢ NJ Group is a leading player in the Indian financial services industry known for its' strong distribution
capabilities. The journey of NJ began in 1994 with the establishment of NJ India Invest Pvt. Ltd., the
flagship company, to cater to investor needs in the financial services industry. Today, the NJ Wealth
Distributor Network, earlier known as the NJ Funds Network, started in 2003 is among the largest
networks of financial products distributor in India

➢ Over the years, NJ Group has diversified into other businesses and today has the presence in businesses
ranging from financial products distributor network, asset management, real estate, insurance broking,
training & development and technology. Our rich experience in financial services, combined with
executional capabilities and strong process & system orientation, has enabled us to shape a rising growth
trajectory in our businesses.

➢ Angel Broking began our journey in 1987, with the objective to serve the highly neglected sector of
retail investors. Committed to provide ‘Real Value for Money’ to all our clients, they kept reinventing
us, leveraging the best technology of every era.

➢ Today they have emerged as a game-changer for the retail investing segment by offering innovative
financial solutions which was earlier limited only to the HNI segment. ARQ - our hyper intelligent
investment engine has bridged the gap between new and seasoned investors by offering personalized
investment advice and an array of other advantages. With many industry firsts, like DKYC, Trade in 1
hour, Customer service on Twitter and Face book and Worry-free investing, they are helping the
investors of digital India to make informed and fruitful investment decision with unprecedented
convenience.
4.6 SERVICE OVERVIEW:

● IIFL Broking and Advisory: IIFL is a leading online and offline broking and advisory services
provider to retail and institutional clients in the cash and derivative segments. IIFL offers online broking
facility to invest in equities, commodities and currency and offers advisory services to retail clients via
website, mobile app and physical branch network.
● IIFL Equity SIP: IIFL offers Equity SIP where you can place buy orders for a prespecified amount or
for a prespecified quantity in scrips of your choice at regular intervals over a period of time as selected
by you.
● IIFL Commodity SIP: Same as Equity SIP, commodity SIP is also available with IIFL. You can invest
online in commodity SIP. For instance, you can select a Commodity SIP for a period of 6 months to
invest 1 lot of gold or silver every month through commodity SIP.
● IIFL Mutual Fund SIP: Invest in online Mutual Fund as SIP, Client can make their SIP plan with MF
scripts at regular intervals over a period of times.
● IIFL News and Research: IIFL research team provides latest News from Market, Buy, Sell or Hold
Recommendations, Currency Research, Commodity Research, IPO Research, Mutual Funds Research
and News, Earning Reports, Sectoral and Company-wise Research Reports. You also get free access to
stock ideas, strategies and lots more.

● IIFL Wealth and Asset Management: IIFL Private Wealth Management financial experts team help
individual clients by advise them on corporate structure and investment entities, define their investment
objectives, customize their investment portfolios and guide them through succession planning exercises.

IIFL Asset management company (AMC) is wholly owned subsidiary of IIFL Wealth and is the
Investment manager of IIFL Mutual Fund and Alternative Investment Funds. IIFL AMC currently offers
12 products across assets classes namely, equity, debt, money market, real estate etc.

● IIFL Mutual Funds Investment: IIFL is one of the largest distributors of financial products such as
Life Insurance, Mutual Funds, NCDs, Tax-free bonds, IPOs etc. through wide distribution network and
business associates. IIFL distribute mutual fund schemes through network of 2,500 business locations in
India. You can also invest online in Mutual Funds. Also get Fund Managers commentary and research
report for better decision. You can register online with trading id and Password on
https://appserver.indiainfoline.com/muon/mufulogin.asp
● IIFL Personal Finance: IIFL offer home loans, personal loans (Interest rate 14 to 18 % PA), Insurance,
loan against gold, loan against property, commercial vehicle loan, SME business loans (Interest rate 12
to 15% PA) and more.
● IIFL Portfolio Management Services (PMS): IIFL offers Discretionary Portfolio Management
Services to provide customize solutions to the investment needs of individual. PMS is driven by IIFL’s
award-winning professional advisory service.
● IIFL Insurance Broker: IIFL is a leading non-bank insurance broker in the country. Key partners are
ICICI Prudential Life Insurance, HDFC Standard Life Insurance, Reliance Life Insurance, Bhartia AXA
Life Insurance, AEGON Religare Life Insurance and Future General Life Insurance.
● Institutional Equities and Investment Banking: IIFL is a premier broker for Foreign Institutional
Investors (FIIs), mutual funds, insurance and private equity funds. Institutional equities business caters
to clients including sovereign wealth funds, pension funds, insurance companies, private equity funds,
international & domestic mutual funds, hedge funds and endowment funds.
● Trader Multiple by IIFL: With Trader Multiple client can take extra margin with Cover Orders.
● Good Till cancel (GTC) Order or Valid till Date (VTD): With this, clients can give buy or sell limit
orders by specifying the period for which you want the order instruction to be valid. The period selected
by client should be within the maximum validity date defined by IIFL.