report on sip final kartik

8/3/2019 Report on SIP Final Kartik

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PART I

ORGANISATIONAL

PROFILE


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INTRODUCTION

NJ India Investment is the leading advisory company since 1994, has richexperience in wealth management & marketing / distribution of financial

products.

NJ Fundz Network has been playing a pioneering role in India in providingindependent advisors/ advisory firms with integrated, comprehensive and

practical business solutions for ensuring continued growth of business.

It provides the financial advisors and the institutions that serve them withinsights, strategies and tools to help them significantly grow their businesses.

NJ Fundz Network is a business division of NJ India Invest Pvt. Ltd., one ofthe leading advisors & distributors of financial products & services in India.

NJ has 120 offices in 21 states, 750 employees, 15000 Advisors, RS10, 000crore of MF Assets under Advice, and more than 1100000 Customers.

The main aim for choosing summer training at NJ India invest is to get themore and better knowledge in the financial sector. And NJ is standing at the

high post in the financial sector in India. So it will be great option for getting

the better knowledge.

From this report, the main idea that the reader can get is the different NJproducts and their performance. And also the information regarding the

financial area in India.


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History of NJ

Two dynamic young men after completing their education were about to start

their career when they saw the growing scope of the financial service sector. Both of

them decided to jump into the same field and came out with the dynamic concept of

NJ Capital stock now, which is known as NJ India Invest. The word NJ stands for

the first letter of Neeraj Choksi and Jignesh Desai the founder directors of NJ

India Invest.

This business was started in the year 1994; it was the period when private

company was entering the field of financial services. This is the time when NJ India

Invest evolved out as a client focused need based investment advisory firm. NJ has

achieved expertise in need base investment of clients.

NJ has a very well trained men power to meet the need of the clients and

market. With the help of which the organization has achieved growth in past, is

growing and will be growing in future. At NJ we regard mutual fund as one of thebest investment avenue available to satisfy any kind of investment need. With a very

well qualified work force we have gained expertise in analyzing mutual fund schemes,

and in-depth study on various parameters is carried out on a regular basis.

NJ India Invest is a company, which is involved in this business from past 17

years as a client focused need based investment advisory firm. It has developed its

own IT Industry known as Finlogic India Pvt. Ltd. i.e. technology to support for

client as well as its employees in their daily routine work. There is a very qualified

staff for IT who has prepared a website for the organization known as

www.njindiainvest.com which provides a valuable support to clients as well as to

the employees in working. All the valuable information is available on our above

mentioned web site.
http://www.njindiainvest.com/http://www.njindiainvest.com/


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NJ India Invest is a modern concept organization that was growing in past,

growing in present and will be growing in future.


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VISION

To be the leader in our sector of business through total Customer Satisfaction,

Commitment to Excellence, Determination to Succeed and finally to provide

peace of mind on investment front to society.

Mission

Ensure creation of value by providing a differentiating edge to the activities of our

customers, investors and distributors through techno-innovative solutions while

fulfilling our social obligations and maintaining high professional and ethical

standards along with the service standards.


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QUALITY POLICY AT NJ INDIAINVEST

NJ aims at providing high quality service on investment front through

systematic and professional approach backed by total management commitment and

teamwork. To achieve customer satisfaction at a cost that represents value. We as a

whole are committed to practice a policy.

General information about the company:

Doing the 'right' thing is a virtue most desirable. The difference between success and

failure is often not dictated by knowledge or expertise but by its actual application and

perseverance. When it comes to successful wealth creation for customers, it is

something that we believe & practice. For us it is more than a mission; it is what

defines our lives and our actions at NJ India Invest. With this passion, we continue to

evolve and make the right product accessions and service innovations in our offerings

to the advisors. Over the years, our passion has seen us grow from strength to strength

and expand rapidly, setting new benchmarks in the process. But to us, what really

matters most is the number of lives we have managed to transform and we still have a

long way to go.

NJ prides in being a professionally managed, quality focused and customer centric

organisation. The strength of NJ lies in the strong domain knowledge in investment

consultancy and the delivery of sustainable value to clients with support from cutting-

edge technology platform, developed in-house by NJ.

NJ believes in..

Having single window, multiple solutions that are integrated forsimplicity and sapience

Making innovations, accessions, value-additions, a constant process Providing customers with solutions for tomorrow which will keep

them above the curve, today


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NJ had over INR 10,000* Crores of mutual fund assets under advice with a wide

presence in over 100+ locations in 21 states in India. The numbers are reflections of

the trust, commitment and value that NJ shares with its clients.

NJ continue to innovate, enrich intellect, and ask critical questions. They challenge

their own processes and systems on constant basis to emerge more convinced. NJ

continue to expand the scope and depth of their offerings, making apt use of

technological support.

NJ India Investment main head office is at Surat in Gujarat on the address of

Udhana Udyog Nagar, Sangh Commercial Complex B Tower,902

6th

Floor, Above- LIC of India Office,

Besides- Divya Bhaskar Office,

Central Road No. 10

Udhana, Surat- 39421

But NJ is not only in Gujarat. But they diversified their business to all over nation in

India are as follows:


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NJ India Investment Offices

AndhraPradesh

Hyderabad

Chhattisgarh

Raipur

Goa

Panaji

Gujarat

Ahmedabad

Maninagar

Anand

Baroda

Bharuch

Bhavnagar

Bhuj

Himmatnagar

Jamnagar

Junagadh

Mehsana

Navsari

Nadiad

Patan

PalanpurPorbander

Rajkot

Surat

Valsad

Vapi

Jharkhand

Jamshedpur

Kerala

Cochin

Karnataka

Banglore

Mysore

MadhyaPradesh

Bhopal

Indore

Maharashtra

Aurangabad

Nagpur

Nasik

Mumbai

NarimanPoint

Andheri

GhatkoparKalyan

Kandivali

Thane

Vashi

Pune:

F.CRoad

Pimpri(Chinchwad)

NewDelhi

CannaughtPlace

Gurgaon

Ghaziabad

PaschiVihar

Punjab

Chandigarh

Rajasthan

Jaipur

Udaipur

UttarPradesh

Kanpur

Lucknow

TamilNadu

Chennai

WestBengalKolkata


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Previously NJ was called as the NJ Capital stocks. The main purpose of this company was to cater the rapidly developing

financial services sector.

The NJ India Invest was the brain child of customer aimed need basedinvestment consultative agency.

The company mainly deals in mutual funds and over the years it has acquiredthe experience required to analyze the mutual fund investment sector and offer

the customer the investment options.

The company runs a day to day research pertaining to the several parameterson the industry.

The NJ India Invest is well known for its customer - management relations. The

customers are helped in identifying and understanding their requirements, as well as

provided with lucrative investment portfolio.

The experts analyze the day to day market trends and provide the best possible

investment option.

And the customers are regularly supplied with periodic valuation reports, and relevant

information.


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NJ India Invest - Investment portfolio

DSP Merrill Lynch Mutual Fund Birla Mutual Fund

Alliance Capital Mutual Fund ING Vysya Mutual Fund Cholamandalam Mutual Fund Deutsche Mutual Fund ABN - AMRO Mutual Fund HDFC Mutual Fund Franklin Templeton Mutual Fund Reliance Mutual Fund HSBC Mutual Fund Unit Trust Of India Prudential ICICI Mutual Fund Kotak Mutual Fund Standard Chartered Mutual Fund SBI Mutual Principal Mutual Fund Tata Mutual JM Financial Mutual Fund LIC Mutual Fund Sahara Mutual Fund Sundaram Mutual Fund


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Company Product & Service:

Investment Products:

Mutual Funds covering all AMCs & all schemes,

Insurance

Real Estate

Bonds

Debt / Liquidity

Fixed Deposits

PMS

Real Estate:

Residential properties

Commercial properties

Training & Education:

Certification training courses

AMFI

CFP

Training products


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Service:

Service is the key to unlocking customer satisfaction, which again is key for

sustainability of any business. At NJ we understand this very well. NJ has set

strict processes in place to deliver quality services to customers. At NJ strict

quality service standards are set and a well-defined process is established and

followed religiously by quality customer service teams. Performance is

evaluated on a frequent basis and glitches are ironed out.

But quality service also involves quality people in addition to processes. NJ

gives significant focus to the proper training and development of the people

involved in the service delivery chain.

NJ is committed to improve and enhance their services and undertake new

service initiatives. And other services differentiate them with other service

providers in the industry.

NJs service and commitments........

The service commitments are to guide the actions of the people at NJ.

Clearly stated, customers can freely communicate any such actions/events

wherein they feel that any of the following commitments have been breached

/ compromised. At NJ we desire to honour our commitments at all points of

time and to all our customers without any bias.

To provide customer-focussed need-based valued services To provide reliable, accurate and timely information To maintain all records in privacy To optimise services/benefits at least justifiable cost To develop and grow the customers business To provide constructive after sales service To honour our service commitments


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Consumer Grievances

NJ is committed to provide quality service to their client. The existing customers may

approach NJ Customer Care for any queries / clarifications or issues that they may

face. For the customers of Demat & Trading Account services, they have a dedicated

DP Helpdesk which can be reached at [email protected], for any queries

or grievances.

Quality Communications support

Daily market updates Email

Daily MF tracker-for short term debt fund Email

Weekly performance report Email/ Hardcopy

Comprehensive monthly fact sheet Hardcopy

Research articles and reports Email /Hardcopy

Advisory solutions

NJ Wealth Advisors understands that the investment advisory needs differs from

clients to clients and at times are also very specific. This is why we bring to you

different customised solutions that would cater to your specific investment advisory

needs. The solutions can be taken each individually or in combination with other

solutions meeting your overall investment advisory needs in a unique way

The following are the advisory solutions that we currently offer along with their stated

objectives...


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Asset VistaComprehensive

To ascertain an ideal asset allocation after taking into account the risk profile and

return expectation and aggregating all your existing investments including real estate

and other physical assets.

To give a performance report of all your aggregated assets on a monthly basis

to conduct a quarterly portfolio review and monitor the adherence to your decided

asset allocation.

Life Vista - Comprehensive

To give a comprehensive financial plan taking into account all your financial goals,

current investments, risk appetite liabilities, current income and expense, and

expected growth in future earnings and expenses.

To review the financial plan thus prepared on a periodic basis or on the occurrence of

an event that merits its review and/or restructuring.

To give a performance report of all your aggregated assets on a monthly basis. To

conduct a quarterly portfolio review and monitor the adherence to your decided asset

allocation.

Life VistaSpecific

To draw up a financial plan to attain a specific goal(s) in your life, based on a your

risk taking capacity and existing cash flows and expected cash flows and returns

expectations.

To review the financial plan thus prepared on a periodic basis or on the occurrence of

an event that merits its review and/or restructuring.


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To give a monthly performance report of the mutual fund investments made through

us.

To conduct a quarterly portfolio review on the investments executed through us.

Mandated Dynamic Equity Portfolio

To advise on the investment to be made in the equity based mutual funds

to actively manage a growth oriented mutual fund portfolio based on a pre-defined

algorithm

to give a monthly performance report of the mutual fund investments made through

us.

To conduct a quarterly portfolio review on the investments made through us.

Mandated Liquidity Portfolio

To advise on an ideal portfolio for short term surplus funds through mutual funds.

To give a monthly performance report of mutual fund investments made through us.


Mandated Asset Vista

To device an ideal asset allocation for your investments into mutual funds after taking

into account your risk profile and return expectation.

To give a monthly performance report of the mutual fund investments made through

us.



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ORGANISATONAL STRUCTURE


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FUNCTIONAL INFORMATION

(A)Markets and Marketing Function:

NJ is mainly a channel partner company. Its not directly attached to thecustomer. And NJ has not to approach direct to the customer. They mainly

handle and concentrate and approach to AMC companies and Share

brokers and agents and financial advisor.

NJ mainly approach to their partner and convince them for new product ornew financial investment option and that partner or advisor approach to the

client for that product.

NJ India is doing B2B (Business to Business) work. Companys market isvery huge. It is the one of the top channel partner company in terms of

networks and AUM (Asset under Management) in India. Companys

market is spread in 24 cities all over India.

NJ is doing Business to Business work. So there is no marketing functioncan be use. NJ just organise meeting or seminar on some definite place and

on some decided time and date and on that day NJ organise all their

partners and other AMC companies.

NJ Fundz, NJ Watch are the weekly and monthly magazines which are oneof the part of the marketing function of the company. NJ print shop is

software of the company which is providing transaction report of the

company so public can know about the company.


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Market Share of different products of NJ:

Mutual FundMutual Fund is the main business of NJ. And its the main growth drivers of

NJ. By the Mutual Fund, NJ is able to expand their business very nicely. So

Mutual Fund is the main product of NJ.

As above explain Mutual Fund is the main product of NJ. But what is Mutual

Fund?

In Mutual Fund business there is one fund manager who collect all the

money of different investors and he invest all that money in very good and

well known area. And from that return he pay to the investor

In this process there is very low chance of loss and there is no risk and

investors also can get more returns from it. So it can be says that Mutual

Fund minimize the risk and giving more returns.

Different Schemes under Mutual Fund

Open ended scheme

These do not have a fixed maturity. You deal with the Mutual Fund for your

investments and redemptions. The key feature is liquidity. You can conveniently buy

and sell your units at Net Asset Value (NAV) related prices, at any point of time.

Close ended scheme

Schemes that have a stipulated maturity period (ranging from 2 to 15 years) are called

close ended schemes. You can invest in the scheme at the time of the initial issue and

thereafter you can buy or sell the units of the scheme on the stock exchanges where

they are listed. The market price at the stock exchange could vary from the schemes

NAV on account of demand and supply situation, unit holders expectations and other

market factors.


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Interval Schemes

These combine the features of open-ended and close-ended schemes. They may be

traded on the stock exchange or may be open for sale or redemption during

predetermined intervals at NAV related prices.

(B) By Investment Objective

Growth scheme

Aim to provide capital appreciation over the medium to long term. These schemes

normally invest a majority of their funds in equities and are willing to bear short termdecline in value for possible future appreciation.

These schemes are not for investors seeking regular income or needing their money

back in the short term.

Income Plan

Aim to provide regular and steady income to investors. These schemes generally

invest in fixed income securities such as bonds and corporate debentures. Capital

appreciation in such schemes may be limited.

Ideal for Retired people and others with a need for capital stability and regular

income.

Industry specific schemes

Industry specific schemes invest only in the industries specified in the offer

document. The investment of these funds is limited to specific industries like

InfoTech, FMCG, and Pharmaceuticals.


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Systematic investment plan (sip)

SIP involves investing a fixed sum of money in a specific investment scheme, on a

regular basis, for a pre-determined number of periods. It is very similar to regular

saving schemes like a recurring deposit.

Systematic withdrawal plan

As opposed to the Systematic Investment Plan, the Systematic Withdrawal plan

allows the investor the facility to withdraw predetermined amount/units from his fund

at a pre-determined interval. The investors units will be redeemed at the existing

NAV as on that day.

Systematic transfer plan

Investors exposure to different types of securities, whether debt or equity should flow

from their risk profile or risk appetite. For instance, an investor may start with a 40:60

mix of debt and equity, as determined by her risk profile. But if equity markets boom

and debt securities lose value, then the 40:60 mix could get significantly distorted

towards equity. In such a situation, it would be prudent to sell some equity and re-

invest the redeemed amount in debt to re-balance the mix of debt and equity. In

mutual funds such re-balancing can be achieved by systematically moving moneys

between schemes. This can be achieved by systematic transfer plan.

Diversified equity fund

Diversified equity funds are the most popular among investors. They invest in many

stocks across many sectors, and because they have the freedom to chop and churn

their portfolios as they like, diversified equity funds are a good proxy to the stock

market. If a general exposure to equities is what you want, they are a good option.

They can invest in all listed stocks, and even in unlisted stocks. They can invest in

which ever sector they like, in whatever ratio they like.

Equitylinked savings schemes (elss)

Equitylinked savings schemes (ELSS) are diversified equity funds that additionally

offer income tax benefits to individuals. ELSS is one of the main section 80c

instruments, along with the more popular debt options like the PPF, NSC and


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infrastructure bonds. In this Section 80c grouping. ELSS is unique. Being the only

instrument to offer a total equity exposure.

Sector Fund

Sector funds invest in stocks from only one sector, or a handful of sectors. The

objective is to capitalize on the story in the sectors, and offer investors a window to

profit from such opportunities. Its a very narrow focus, because of which sector

funds are considered the riskiest among all equity funds.

MidCap Fund

These are diversified funds that target companies on the fast growth trajectory. In

the long run, share prices are driven by growth in a companys turnover and profits.

Market players refer to them as mid-sized companies and midcap stocks with size

in this context being benchmarked to a companys market value.

So, while a typical large cap stock would have a market capitalization of over Rs

1,000 crores, a mid-cap stock would have a market value of Rs 250-2,000 crores.

DEBT FUNDS

These Funds invest a major portion of their corpus in debt papers. Government

authorities, private companies, banks and financial institutions are some of the major

issuers of debt papers. By investing in debt instruments, these funds ensure low risk

and provide stable income to the investors.

Debt funds are further classified as

1. Gilt FundsInvest their corpus in securities issued by Government, popularly known as

GOI debt papers. These Funds carry zero Default risk but are associated with

Interest Rate risk. These schemes are safer as they invest in papers backed by

Government.

E.g. PRUICICI Gilt Fund, IDBI-PRINCIPAL Government Securities Fund

etc.


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2. Income FundsIncome funds aim to maximize debt returns for the medium to longer term.

Invest a major portion into various debt instruments such as bonds, corporate

debentures and Government securities.

3. Short Term Plans (STPs)Meant for investors with an investment horizon of 3-6 months. These funds

primarily invest in short term papers like Certificate of Deposits (CDs) and

Commercial Papers (CPs). Some portion of the corpus is also invested in

corporate debentures.

4. Liquid FundsAlso known as Money Market Schemes, These funds are meant to provide easy

liquidity and preservation of capital. These schemes invest in short term

instruments like Treasury Bills, inter-bank call money market etc. These funds

are meant for short-term cash management of corporate houses and are meant for

an investment horizon of 1day to 3 months. These schemes rank low on risk-

return.

Insurance Policy

Prospective client or customers who wish to take any insurance policy has

to contact a distributor/agent of NJ India Invest. Particular agent/distributor of

NJ would be able to suggest you the appropriate policy from the plethora of

insurance policies available.

The normal procedure is to fill-up the required application form and submit it

along with a cheque for the amount of 1st

premium. Cheques and Demand

Drafts are accepted. Payment by cash is not allowed. The agent/distributor of

NJ India Invest would submit the application form with the cheque to the

insurance company. The insurance company would issue a policy

Statement with 2 to 3 working days from the date of procedure.


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Real estate propertyProspective client or investors who wish to invest or purchase any real estate

property have to contact a distributor/agent of real estate of NJ India Invest.

Particular agent/distributor of NJ would be able to suggest you the appropriate

residential/commercial/retail/plot from the plethora of property available.

The normal procedure is the client or investor will personally visit the

particular real estate property he desired to invest in along with his advisor or

agent and NJ India Invests real estate unit manager. Then he will do normal

procedure of filling forms registration and loan (if it is) and submit it along

with a cheque for the amount of down payment of property.

Cheques and Demand Drafts are accepted. Payment by cash is not allowed.

The agent/distributor of NJ India Invest would submit the papers with the

cheque to main developer or marketing manager of property.

PMS (Portfolio Management System)NJ is having its own PMS (Portfolio Management System). PMS is the

product in which NJ is fully responsible for the money of investors. NJ is

performing the role of fund manager to manage the amount of PMS. This

work is performed at the head office of the company. The minimum amount of

the investment in NJ PMS is Rs 5, 25,000.

Investor has to open DEMAT account to invest money in NJ PMS. The

account opening procedure is performed by unit manager of PMS.


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COMPETITORS OF NJ

Anand Rathi

Anand Rathi is one of the major competitors of NJ India Invest. The firm, founded in

1994 by Mr. Anand Rathi, today its business is not only limited to national level but

also an international presence through offices in Dubai and Bangkok.

AR has the following product as a breadth of financial and advisory services

including wealth management, investment banking, corporate advisory, brokerage &

distribution of equities, commodities, mutual funds and insurance, structured products

- all of which are supported by powerful research teams.

Karvy

The karvy group was formed in 1983 at Hyderabad, India, karvy ranks among the top

player fields in almost all the fields it operates. Karvy computer share limited is

Indias largest registrar and transfer agent with a client base of nearly 500 blue chips

corporate, managing over 2 crores accounts, Karvy stock brokers limited. Karvy also

works as distribution house of some AMCs.

India Infoline

The India Infoline group, comprising the holding company, India Infoline Limited

and its wholly-owned subsidiaries, has the products as the entire financial services

space with offerings ranging from Equity research, Equities and derivatives trading,

Commodities trading Portfolio management services, Mutual Funds, Life Insurance,

Fixed deposits, Gov. Bonds and other small savings instruments to loan products and

investment banking.

The company has a network of 758 business locations (branches and sub-brokers)

spread across 346 cities and towns. It has more than 80,000 customers.


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Bajaj capital

The Bajaj Capital Group is one of Indias leading Investment Advisory and Financial

Planning companies. Bajaj Capital is also SEBI-approved Category I Merchant

Bankers.

Products of Bajaj Capital as in the following way:

Bajaj Capital offers personalized investment Advisory and Financial Planning

services to individual investors, corporate houses, institutional investors, Non-

Residents Indians (NRIs) and High Net worth Clients, among others. Bajaj Capital

offers a wide range of investment products such as mutual funds, life and general

insurance, bonds, post office schemes, etc. offered by public and private and

government organizations.

Bonanza

Bonanza is a leading Financial Services & Brokerage House. It also distributes mutual

funds of various AMCs.

All Banks and Other Financial Institution

In India many banks also distributes Mutual funds of various AMCs such as

Karnataka bank distributes mutual funds of Franklin Templeton. The big name in

banking sector as SBI- State of India also offers the Mutual fund. So its also the

competitors of NJ.

So these banks and other financial institutions are also major competitor of NJ India

invest. Though these organizations are engaged in distribution of mutual funds but

most of them have a different concept from NJ India invest they are selling Mutual

funds directly to the investors whereas NJ India invest distributes Mutual funds of all

the AMCs indirectly (through its channel partners) .

So, these are the some competitor of NJ. And its a cut throat competition between

them. And due to competition all the banks should to be ready with new techniques

and with new ideas. And all the companies have to be innovative too. So due to

competition NJ try hard to bring new and new ideas and try to make new innovation.

And for this NJ has started Finlogic Department. This department is of technical


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department and in this department they not only handle technical things but also make

some innovation of new ideas.

For Market Segment of NJ as-

NJ mainly doing the Business to Business work. And NJ is not doing businesswith directly with the customer. They have the direct contact with the AMC

companies and Financial Advisors only. And for this there is no need of

having any market segment. So there is no market segment in NJ.


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(B) Finance and Accounting:

In NJ all the Financial and accounting are done at head office in Surat. In

Surat, NJ maintain all the Financial and accounting records of all the branches

in India. All the branches need not to make any accounts or any financial

records.

NJ allotting some amount of money to different branches according to their

requirement. And all the details regarding this amount is maintained in the

petty cash software in each branch. And in future also when any branch need

some more money at that time branch manager can send their expense details

by the same petty cash software and after verifying that details by head office

at Surat, they send the money to the particular branch.

(C)HR Section:In this section, include the total employee in different area in the NJ India

invest. And its specify in the following way:

NJ India Invest (P) LtdH.O Employee Data

The key members of the management are:

Mr. Neeraj Choksi Jt. Managing Director

Mr. Jignesh Desai Jt. Managing Director

Key Sales Team:

Mr. Misbah Baxamusa National HeadMr. Naveen Rathod V.P. ( Sales )

Mr. Kulbhusan Nandwani A.V.P. ( Marketing )

Mr. Prashant Kakkad A.V.P. ( Sales )

Key Executive Team:

Mr. Shirish Patel Information Technology

Mr. Abhishek Debey Business Process

Mr. Vinayak Rajput Operations

Mr. Dhaval Desai Human ResourceMr. Col. Dixit Administration


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PEOPLE AND CULTURE

People

Enthusiasm, Enterprise, Education and Ethics are the four pillars at NJ . At NJ

one can witness the vibrant energy, enthusiasm and the enterprising drive to excel

flowing freely throughout the organisation. At NJ can also experience the creativity,

one-to-one responsiveness, collaborative approach.

At NJ people evolve to be more effective, efficient, and result oriented. Knowledge is

inherent due to the education-centric approach and the experience in handling

different clients groups across diverse product profiles.

NJ understands that the people are the most important assets of the company and it is

not the company that grows but the people. NJ hence undertakes rigorous training and

educational activities for enhancing the entire team at NJ. NJ also believes in the

Learning through Responsibility concept for its employees.

For people at NJ success is not a new word, but is a regular stepping-stone to realising

the one vision that everyone shares.

Culture

NJ believes in transforming the lives of our customers. it exist to create a difference

a change towards a better life. The culture at NJ reflects this responsibility, this dream

of transforming lives. And at NJ all are always excited and enthused in doing so.

NJ believe in keeping You First, providing you with products and services thatmeet your stated and unstated needs. Client satisfaction and client service is the

Mantra. This service oriented philosophy runs throughout the organization, from top

to bottom.

Employees are given ample freedom in their work. The objective is to keep an open,

healthy environment with ample scope for enterprise, improvement, innovations and

out-of-the box solutions


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Their efforts are constantly engaged in improving our existing services, offering new

and innovative solutions that go beyond expectations. This focus has made them one

of the most respected and preferred service providers, especially in the mutual fund

industry.

HR Section also can be classified as

Recruitment Training and Development

1. RecruitmentCompany use many sources for the recruitment process. Like Naukri.com,

job sites, consultancies, internal references, campus interviews etc. And from this

they mainly use the campus interview and consultancies. And some time also use

internal references.

The recruitment process is as follows:

Written test 1st round interview Presentation on job profile Final round interview

The recruitment criteria in the company are as follows:

Finance knowledge Product knowledge Subjective knowledge ( marketing, HR etc) Calculating speed Communication skills Presentation skills


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2. Training & DevelopmentAfter selecting proper candidate NJ send him for training and at their training

centre, surat where all new candidate are gather and NJ gave them training

regarding company way of working , their product, their service, their motto,

how can they efficient and effective, and lots more thing they teach to all

candidates.

The employees are getting induction training after recruitment. The other

training are as follows:

Product training:Employees are getting all products training in the company. For ex- NJ is

dealing with different financial products like mutual funds, insurance, PMS etc.

so employees are getting all these products descriptive knowledge in the

company after recruitment.

Process training:Employees are getting the process training in the company. For ex-

employees is have to do job of back office work in the company. So he has to take

training to know the process of his work.

Up gradation training:There is no fixed time for this training. Company organizes this type of

training yearly or six monthly.


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Performance Appraisal at different level

In NJ makes the Performance Appraisal of Branch Manager, Salesman,Operation Manager, etc. Based on their work like

NJ measure the performance of Branch Manager based on the branchperformance as well as their business. Then the achievement of target by the

branch. Then the branch customer and customer satisfaction or less complaint

regarding any matter etc. Through this NJ measure that whether the branch

manager is working good or not.

Then for Operation Manager, NJ identifies the ratio of mistake in the data anddocument of customer and the mistake in the paper or other document. And

also speed and with less mistake. And quick and good response to customer in

the telephonic or other communication.

So, these are the some measure and technique of NJ for identifying theperformance of employee in different branches.

Promotion and Retention Policy

NJ gives the promotion to the employee after evaluate the performance of the

employee and in addition NJ also consider the behaviour of the employee and the

relation with the colleague as well as with other staff and also his/her achievement of

target in specified period of time. And after taking all the things into consideration NJ

gives the promotion to the employee.

Employee Welfare Measure

In employee welfare, specially for the branch manager/ manager NJ gave chance to

gave AMFI exam without any cost. All the cost incurred by NJ ( except travelling). At

normally the fees of AMFI is about 1000 to 1500. But NJ makes it free.


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SERVICES OF NJ

To provide customerfocussed need-based valued service To provide reliable, accurate and timely information To optimise service/benefits at least justifiable cost To develop and grow the customer business To provide constructive after sales service To honour our service commitments.

Understanding about the company as a trainee point of view:

By getting training under the NJ India invest, we found that NJ is mainly doing

Mutual Fund business. But within last 2 years company also include other business

like Insurance, Fixed deposits, Bonds, Real Estate and PMS.

Company is going well. But still company is not able to make popular their brand

name. There are many people in the market who were not aware about NJ India

invest.

But still company is going so nicely and because of that company has about INR

10,000 crore mutual fund assets. And the reason behind their success is deep

knowledge of financial sector and because of good customer satisfaction.

Movement of share price of the company (if listed)

N J India Investment is not listed.

Important growth drivers of the company

N J India investment main growth driver is Mutual Funds


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DECISION MAKING PROCESS IN THE COMPANY

NJ is the decentralise company. In NJ all the employee can make gave any idea or

suggestion to the company and also can make some decision. But on some decision

he/she has to inform to the head office.

In different branches, employee can make their decision but if there is some big

problem then they have to inform to head office.

NJ has a structure of decision making is like as follows: at NJ Anand:

At NJ Anand, the decision making process is according to above mention format.

Whenever there is need of some change in the company or any decision that was

MANAGING DIRECTOR

(Mr. NEERAJ CHOKSI,and Mr. JIGNESHDESAI)

NATIONAL HEAD

(Mr. MISBAH BAXAMUSA)

VICE PRESIDENT

(Mr. NAVEEN RATHOD)

ZONAL MANAGER

(Mr. PRASHANT KAKKAD)

REGIONAL MANAGER

(Mr. MANISH AMBANI)

BRANCH MANAGER

(Mr. Paresh Parmar)


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taken by the top management then if flows from the Managing Director to Branch

Manager via National Head, then Vice President, then Zonal Manager, then Regional

Manger.

NJ follows the Centralise decision making process so in the company all the decision

are mainly taken by the top management .whenever any branch wants to take any

decision they has to first inform to the head department and if they allow then only

they can do any change.


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DIVISION OF NJ BUSINESS

NJ India Invest has two broad distinct divisions of business as follows

NJ Fundz Network, started in 2003, is a dedicated channel for providing independent

financial advisors or IFA's with a complete business platform for the strengthening

and development of their advisory practice. NJ offers advisors under its network will

all the products; NJ funds network is a unique, first time in India concept that offers

such comprehensive business platform to independent financial advisors.

NJ Fundz Network has been playing a pioneering role in India in providing

independent advisors / advisory firms with integrated, comprehensive and practical

business solutions for ensuring continuous growth & continuity of business. It

provides the financial advisors and the institutions that serve them with insights,

strategies and tools to help them significantly grow their businesses.

Established as a distinct entity, NJ Wealth Advisors Pvt. Ltd. seeks to offer

comprehensive financial planning and portfolio advisory services to premium clients.

With NJ Wealth Advisors, NJ seeks to leverage the strong financial advisory and

portfolio management skills gained in over a decade of experience in the industry. NJ

Wealth Advisors offers its clients with quality, unbiased, need-based advisory

services & investment solutions.

This sporadic growth in terms of need of performers in financial advisory services has

lead to the crunch of available performers. Though lots of youngsters are getting into

financial advisory services, but the greatest challenge is of RIGHT SELLING, for

which adequate Training is a prerequisite. Advisory function demands updated

knowledge, backed up by honed skills to fetch effective business. Building long term

relationship with clients depends upon possessing clear edge over others in the field.
http://www.njgurukul.com/http://www.njwealthadvisors.com/http://www.njfundz.com/http://www.njfundz.com/


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Hence continuous people development has an important role in building this

fraternity.

NJ Gurukuls main aim is to train their new as well as old employee with their system

and make them perfect so that they can sale their product very well and also get the

very good knowledge about companies product and their characteristics so that they

can able to convince their customer. So NJ Gurukul makes the future of NJ and it also

on the hand of gurukul who can make better employee and that employee will helpful

to the NJ. So it can be says that NJ Gurukul perform the main task.

Till date NJ Gurukul has undertaken over 1300 training programs covering over

26,000 candidates in 55+ locations across India. A team of highly qualified and

experienced facilitators or trainers numbering 90+ deliver the trainings in a pre-

decided format to ensure quality standardized experience to every candidate.

At NJ India Realty we understand the challenges in shaping reality from your realty

aspirations. With our fully integrated end-to-end service model we offer solutions that

would enable you to meet the challenges of development, fortify your own

transformation and exploit the opportunities available in the Indian realty sector.

At NJ India Realty we have made backward & forward integration of value-added

services to the core-realty services which lie at the heart of the business. The services

at NJ India Realty enable continual partnership right from idea to its reality,

encompassing all functional & operational undertakings.

NJ India Realty has a rich experience and a vast repertoire in project planning &

execution in the realty domain. The strong processes and systems in place ensure the

effective & timely execution of the projects. High-quality assurance forms the under-

current in the entire value-chain of service delivery.

NJ India Realty brings with it professional management, total quality consciousness,

confidence and keenness to offer customers with high-quality development at

attractive value propositions. At NJ India Realty we commit ourselves to the


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continuous improvements, accessions in the value-chain and the best practices

adopted by the industry.

The team at NJ India Realty aims to not only fulfil but also exceed your desired value.

With the vast experience & strong delivery mechanism, we at NJ India Realty ensure

that you are successful in shaping reality from your realty aspirations.

Technology has traditionally been NJ's key strength. Our offering on the

technological front is unmatched, vibrant, and comprehensive in nature. Our focus &

commitment on technology can be gauged from the fact that we have set-up distinct

entity with a very strong, talented work-force for the sole purpose of providing the

best to NJ in terms of technology and support. Finlogic Technologies (India) Pvt. Ltd.

does all the development & support work in-house on a continuous basis. It has

successfully developed & implemented a powerful support system for the mutual fund

distribution business at NJ with a provision for integrating the same with other

investment products as well as the financial accounting system.

Finlogic Technologies India Pvt Ltd (previously Finlogic India) was started in 2000

with a view to develop software applications to support the growing (financial

services) distribution business. The company posses a strong domain knowledge in

the investment distribution space , as the company was promoted by NJ India Invest

Pvt Ltd, a leading investment distribution company.

The objective of the company is to develop sophisticated technologies across various

platforms to service the investment distribution companies & investment managementcompanies. Also it plans to supply the distributors & manufacturing companies with

relevant data & content for the mutual fund industry & other relevant economic data.

The company has competence on various technology platforms viz. JAVA, SqL

Server, Oracle, VB , and may others , also it has a strong team for designing having

competence on Adobe Photoshop, dream weaver Flash etc.
http://www.finlogicindia.com/


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RECOGNITION

Some of the awards and recognitions that we have received in past...

Year 2000For outstanding performance presented by chairman, Prudential Plc. At London

Year 2002

For Outstanding performance presented by Group chief Executive, Prudential Plc. At

London

Year 2003

For Outstanding performance presented by Group chief Executive, Prudential Plc. At

London

Year 2004

Among most valued business associates presented by HDFC Standard Life at

Edinburgh, Scotland

Year 2004

For outstanding performance by Deputy CEO, Prudential Singapore at Malaysia

Year 2006

Award for mobilising the highest of SIPs at National Level by Fidelity Mutual Fund

Plc at Mumbai

Year 2006

Award Vietnam


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MY LEARNING FROM THE STUDY OF THE ORGANISATION

After getting training in the NJ India Invest at Anand branch, i got number of

information about the company like company is mainly doing the business of Mutual

Fund, Insurance, PMS and Fixed Deposits and also Real Estate. At the time of

starting the business NJ started with the Mutual Fund product and company get the

success in it. And after that company introduce other product.

Then NJ doing business to business work only. NJ is not directly in the contact with

their client. And NJ is only attached with their partners. And because of that there is

no need of any Marketing of their markets. Instead of that NJ has to organise some

meetings and seminars of their partners and on that meeting NJ meet to their client

and try to solve their problem and also explain them new strategy to convince to their

clients and also if there is new service or product is launch by the company.

Then about the Financial data of the company is mainly maintained by the head office

at surat. And they allocate funds to different department according to their

requirements

And there is centralisation in the decision making process at NJ. It means company

take all the decision in all the department. When any branch wants to take any big

decision then they have to inform to the main department and if they allow then only

they can make decision.

After the training i understood that company is going well and able to expand their

business. But the main reason behind their success is their service to their client

means to provide the quality service to their clients. And for their employee, company

gave some very good training and teach them about the market and their products. So

by this they will be able to understand the market and their product very well.

And NJ also have their own technical department as Finlogic. And this department

doing some innovation and some new idea about their products. And also solve the

technical problem in the company.


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And from this finally, i got the idea that company is going so well. And NJ has a great

future. And NJ also understands the market very well, so it will be the plus point for

the company.

And at last, BEST OF LUCK to NJ for their future success.

and this table is for the customer and people who want to invest their money. And it

shows that at high risk the return would also high and explain in which market the

risk is high and in which market is low.


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Part 2

ProjectStudy


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Topic: To identifythe Investment Habits of Individual in Anand city

OBJECTIVES OF THE STUDY

The main objective behind this research is to know the investment habits ofindividual in anand city

To know the response of individual regarding investment. To know where people make the most investment in anand city To know which better option for investment as from which is the more return

people earn.

To study different financial product which is available for investment


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SCOPE OF THE STUDY

For this research there is a very wide scope for study because the topic name

is Theinvestment habits of individual in anand city and this shows that for

research whole anand city can be use. So it can be says that it s a very wide

for this study. And it will also become resourceful for the study and more

data can be gathered.

For this research, i have covered whole anand city and in that i approach to

all the big shops to small shops owner. Then to general public too. then i also

approach to some good companies like Birla, ICICI, Sharekhan, LIC offices,

Reliance, HDFC, etc. And i also approach some advocates and some teachers

too. And also approach to general public, some farmer, accountant and other

businessmen too.


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RESEARCH METHODOLOGY

RESEARCH PLAN

RESEARCH TOPIC

To study the investment habits of individual in anand city

No. Research Methods Usage of Method

1 Data Primary and Secondary

2 Research Instrument Questionnaire

3 Research Area Anand city

4 Sample Unit All Individual

5 Sample Size 120 respondents

6 Sample Method Personal interview

Data collection

1. Primary data2. Secondary data:- Books, Internet, Magazines, NJ Performance watch, NJ

funds watch.

Primary data

Primary data can be obtained through direct communication with respondents

or through personal interaction or by personal interview. There are several

method of collecting primary data through survey & descriptive research. but

for this research I have used Questionnaire form for collecting primary data.


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Secondary data

Secondary data can be says as, the data has already collected and analyzed by

someone else. There are various sources of secondary data and which are as

follows

Books

Magazines

Internet

Newspapers

Reports

Projects

NJ performance watch

NJ Events watch

DATA SOURCE

For this research i had used the primary source for data collection regarding my topic

investment habits of individual in anand city. And the survey was conducted at

anand.

RESEARCH APPROACH

Survey approach had been under taken to know the Investment habits of individualin anand city

RESEARCH INSTRUMENT

Questionnaire was the main and important instrument of collecting data .


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RESEARCH AREA

For this research, i have covered all the area of anand city. Starting from Anand-

Vidyanagar road, Ganesh Circle, Amul dairy road, sanket complex, New and old bus

station, Gamdi vad, and all other area in anand.

SAMPLING PLAN

Sample unit:

This research is to study the investment habits of individual. So there is fix for

sample unit because for this research all the people or individual can be include in the

survey. So its free to take anyone information.

Sample size:

Sample size for this research is about 120.

Sampling method:

In this research, i met personally to all the individual directly. But at some offices and

some place the respondents was busy and at that time i took the appointment and

according to appointment i approach them. But this happen to small number of

people. While all other people are ready to gave their 5 minutes to me.

Contact method

The contact method is to approach them directly and personally and request them to

gave 5 to 10 minutes for to fill up the questionnaire.


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DATA ANALYSIS: (Analysis of Questionnaire or Analysis of

different people perceptive about investment)

Que. Age of respondents

(A)21 to 30 years ( ) (B) 31 to 40 years ( )(C) 41 to 50 years ( ) (D) More than 50 years ( )

No. Age No. Of Respondents

A 21 to 30 years 87

B 31 to 40 years 20

C 41 to 50 years 10

D More than 50 years 03

120

Interpretation: This pie chart explains that in this research about 73%

respondents are between the ages of 21 to 30 years. Then about 17% are

between 31 to 40 years. And about 8% are between the ages of 41 to 50

years. And about 2% are more than 50 years.

So this shows that the mainly respondents are young people. There are very

less people who are interviewed. So here there will be the lack of

experience respondents. So it might be happen that true information mightbe lacking.

0

10

20

30

40

50

60

70

80

90

100

21 to 30

years

31 to 40

years

41 to 50

years

More than

50 years

A B C D

No. Of Respondents

No. Of Respondents


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Que. Gender

No. Gender No. Of Respondents

A Male 105

B Female 15

120

Interpretation: In this research out of 120 respondents, 105 respondents are Male

(88%) and remaining 15 are Female (12%). So the ration is 7:1.

So this shows that there are mainly men respondents are there. Because by doing

research regarding the topic, girls and woman are not ready to gave their name and

phone no. Even they also says that how can we trust you for giving all our

information? So they deny me for any information. And because of this i am able to

interviewed only 15 respondents.

105

15

0

20

40

60

80

100

120

Male Female

A B

No. Of Respondents

No. Of Respondents


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Que. Occupation/ Business/ Service of respondents

No. Occupation/Business No. of Respondents

1 Service 63

2 Business 15

3 Accountant 04

4 Student 27

5 Teacher 05

6 Farmer 04

7 Advocate 02

120

Interpretation: In this research all 120 respondents are in different profession and

have different business and different occupation. In that 63 respondents (53%) are

doing job and service in different area.

While 15 respondents are businessmen (13%),

Then 4 are accountant(3%) , 27 students (23%) And 5 teacher (4%) ,

And 4 farmers(3%) and 2 advocates(1%)So it can be say that the more respondents

are those who doing job or service.

63

15

4

27

5

4

2

0 20 40 60 80

Service

Business

Accountant

Student

Teacher

Farmer

Advocate

1

2

3

4

5

6

7

No. Of Respondents

No. Of Respondents


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Que. Are you interested in any investment?

Yes ( ) No ( )

If No, please specify why................................................

No. Interested in

investment or not

No. Of Respondents

1 Yes 104

2 No 16

120

Interpretation: This graph explain that out of 120 respondents, 104 are interested in

investment and 16 not interested in any investment

And by asking why they are not interested in investment then they reply that due to

security, then due to lack of knowledge about market, then due to no idea where to

invest and which gave more returns, and due to financial problem.

104

160

20

40

60

80

100

120

Yes No

1 2

No. Of Respondents

No. Of Respondents


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Que. Currently in which market has you makes an investment?

(A)Equity ( ) (B) Debt ( )(C)Mutual Fund ( ) (D) Other ( )

If other, please specify..........................................................

No. Investment in Number Of Respondents

1 Equity 48

2 Debt 04

3 Mutual Fund 11

4 Gold 17

5 Insurance 31

6 Real estate 14

7 Post 07

8 No investment 12

144

Interpretation: This graph gave the information of all respondents as where they

make their investment and in that about 48 respondents are make their investment in

equity, mostly in share market.

48

411

17

31

147

12

0

10

20

30

40

50

60

E

quity

Debt

MutualFund

Gold

Insu

rance

Reale

state

Post

Noinvestment

1 2 3 4 5 6 7 8

Number Of Respondents

Number Of Respondents


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Then about 4 respondents who make their investment in debt,

And 11 respondents in Mutual Fund, And 17 respondents in Gold, And 31

respondents in Insurance, And 14 respondents in Real estate, And 07 respondents in

Post, And 12 respondents are not interested in any investment.

And this shows that more people are interested in Equity market. But now people are

moving towards Gold and Real estate for more returns.

This also shows that due to less risk and guaranteed returns people are more interested

in insurance. Because by this they get more returns and also its less risky. So, from

this research i found that people specially the people of more than 30 to 35 years are

invested more in insurance.

And as said earlier people also more interested to invest in land and building as Real

estate. As people buy some land and building and keep it with him for some time and

when the price of that land or building are more than invested capital and when the

investor feel good then they sale it. So, from this research i also found that currently

people are moving towards in Real estate sector.

And the same case is with the gold and silver too. People are more invest their money

in gold and silver.


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Que. Are you satisfied with this investment?

Yes ( ) No ( )

No. Satisfied or Not Number of

Respondents

1 Yes 91

2 No 17

3 Not Applicable 12

120

Interpretation: In this research, i also ask the question to the respondents as are they

satisfy with their current investment or not?

Then in reply, out of 120 respondents i got 91 respondents (76%) who say that they

are satisfy with their investment.

And 17 respondents (14%) who were not satisfy with their investment due to less

return and due to loss.

And there are 12 respondents (10%) to whom this question is not applicable because

they have not done any investment.

91

17 12

0

10

20

30

40

50

60

70

80

90

100

Yes No Not Applicable

1 2 3

Number of Respondents



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Que. Are you aware about Mutual Fund?

Yes ( ) No ( )

No. Aware about Mutual

Fund


1 Yes 94

2 No 26

120

Interpretation: in the research, i also try to know as how many people are aware

about some financial product like Mutual Fund. And regarding this I ask the question.

And in response out of 120 respondents, 94 (78%) were aware about mutual fund very

well.

But still 26 (22%) respondents are there who still not aware about mutual fund.

And from this I make the conclusion, although many advertisement or other

promotional thing still major portion of the respondents are not aware about mutual

fund and its surprising.

94

26

0

10

20

30

40

50

60

7080

90

100

Yes No

1 2




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Que. Do you think that Mutual Fund advisory business is one of the highest

income generating business among other investment?

Yes ( ) No ( )

No. Particular Number of Respondents1 Yes 19

2 No 92

3 No Idea 09

Interpretation: Now, in the research i also try to know that as what people think

about mutual fund business it good or not.

And in response out of 120 respondents only 19 respondents (16%) who says that

mutual fund business is highest income generating business.

While 92 respondents (77%) who believe that mutual fund is not a highest income

generating business.

And 9 respondents (7%) have no idea about this because they have no knowledge

about mutual fund as earlier explain.

So majority of the respondents were agree that mutual fund business is not the highest

income generating business. Because they believes that mutual fund is fully depends

on share market so its risky. So it sometimes gave good return but it sometime gave

losses too. so its not good

Instead of that people believe that real estate will be more income generating business

then mutual fund and there are also other businesses which are better than mutual

fund business. But although there are also some people who believes that mutual fund

is a highest income generating business.

19

92

9

0

10

20

30

40

50

60

70

80

90

100

Yes No No Idea

1 2 3




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Que. As per your knowledge, generally investors invest in which mutual fund

product?

(A)Equity ( ) (B) Debt ( )(C)Balance ( ) (D) Other ( )

If other, please specify...........................................................

No. Particular Number of Respondents

1 Equity 60

2 Debt 15

3 Balance 31

4 Other- Real estate, Guilt

funds

02

5 NI 15

Interpretation: In this research i also try to know that the investors who invest their

money in different market and in that in which mutual fund product they invest.

And in this reply, out of 120 respondents, 60 respondents invest in Equity, And then

15 invest in Debt, And 31 respondents in Balance which is the ratio of Equity and

debt as 65:35 respectively.

And 2 respondents (1%) are in other and in that specially in Real estate, and Guilt

funds, And 15 respondents (13%) have no idea about this.

From this it can be says that majority of people are invest in equity market. they

believe that it gave the highest return compared to others. and there were less people

who invest in debt and balance and other. So it can be says that the people like theequity more for investment.

60

15

31

2

15

010

20

30

40

50

60

70

Equity Debt Balance Other-

Real

estate,

Guilt

funds

NI

1 2 3 4 5




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FINDINGS FROM THE RESEARCH:

(A) Relation between age and investment

No. Age Equity Debt Gold MF Ins. Real

estate

Post NI Total

A 21 to

30

years

42 00 09 06 15 09 03 08 92

B 31 to

40

years

04 02 05 03 06 04 00 02 26

C 41 to50

years

02 02 01 02 07 01 03 00 18

D More

than

50

years

00 00 02 00 03 00 01 02 08

Total 48 04 17 11 31 14 07 12 144

After the research, by making the comparison between the age and the

investment. It means relation between the age and investment. And from

that it can be says that the respondents between the age of 21 to 30 years,

they mainly invest in equity market and they less likely to invest in debt

market.

So it can be says that young people invest in equity market.

Then between the age of 31 to 40 years, they mainly invest in insurance.

And they are not interested investment in Post.

Then between the age t of 41 to 50 years, they mainly invest in insurance.

And the respondents of more than 50 years invest in insurance and gold.


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(B) Relation between Gender and investment

Equity Debt Gold MF Ins. Real

estate

Post NI Total

A Male 45 03 13 11 27 12 04 08 123

B Female 03 01 04 00 04 02 03 04 21

Total 48 04 17 11 31 14 07 12 144

This table shows that regarding investment in any market, male makes the

more investment then female.

Male makes investment in all the market with more or less same in every

market. but female makes more investment in Gold and insurance. But

they dont make any investment mutual fund.


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(C) Relation between income and investment

Income

(RS.)

Equity Debt Gold MF Ins. Real

estate

Post NI Total

A Less

than

5000

11 00 01 00 05 02 00 04 23

B 5000 to

14999

25 01 08 06 11 04 05 07 67

C 15000

to

29999

06 01 04 03 13 04 01 00 32

D 30000

or more

06 02 04 02 02 04 01 01 22

Total 48 04 17 11 31 14 07 12 144

This table shows the relation between the income and the investment.

And there is direct relation between income and investment.

And it shows that with high income the investment will be high. But here

the respondents whose income is more than 30000 pm although their

investment is low compare to other income group people.

And by asking the reason behind this then that respondents reply that they

feel risk in the investment and it also not gave the good return. So instead

of that to keep money safe with them.


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(D) Relation between occupation/business and investment

No. Occupation Equity Debt Gold MF Ins. Real

estate

Po

St

NI

1 Service 22 01 09 05 17 03 04 03

2 Business 08 02 03 03 04 07 00 00

3 Accountant 00 01 01 00 00 00 01 01

4 Student 17 00 01 03 03 04 00 07

5 Teacher 01 00 01 00 02 00 01 00

6 Farmer 00 00 02 00 03 00 01 01

7 Advocate 00 00 00 00 02 00 00 00

Total 48 04 17 11 31 14 07 12

This table explain the relationship between occupation and the

investment. As the investment of all individual is depends according to

the occupation of the person. So its varies

And different respondents with different occupation invest in different

market. As mention above.

So investment can be depends on occupation.


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MY LEARNING FROM PROJECT WORK

After doing the research regarding my topic and after completely analysis of

questionnaire i came to know that people now are more concerned about investment.

And today majority of people are more interested in investment and most of themmake huge amount of investment in different area.

But in present situation majority of people are going to invest in Real estate and gold

and silver. Most of people are buy this and keep it with them and sale them when the

price is high. So by this people earn more money.

And the people of more than 30 to 35 years of age are more interested in insurance.

This people have the first choice for investment is insurance and in that specially LIC.

Because in this investment there is security with high return and less risk.

There are also majority of people who are more interested in equity market as share

market. There are many people who make investment in share market and buying and

selling different companies shares. And in this also there are chances of earning good

return. But in share market there is more risk and no security. So, some people were

avoiding to invest in share market.

But according to market situation and people interest. Currently, Real estate and Gold

and silver are the best for investment purpose. And it also gave more returns with less

risk.


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CONCLUSION

Now, at last its the time to conclude the whole report and for this i start to end this

report by saying thank you to all the people who directly or indirectly became helpful

to me in doing the research, in giving the training, in guiding me, and in making this

report.

In conclusion, i want to say that in anand city people are from very good family and

majority of people are strong in financial matter. And lots of people also want to

invest their money where they get good returns with less risk but due to some

incidents like Harshad Mehta scandal of share bazaar and also some new company

who run away by taking people money, they dont want to invest new company and

where they dont have trust.

And in anand city people are invest their more money in Equity market and in Gold

and Real estate.

And for company point of view, NJ should have to try to decrease their fee for

preparing employees and other people for the AMFI exam. Currently, they charge

about 1000 Rs. For giving training for AMFI exam and if possible NJ should have to

try to make it free to give training for prepare in AMFI exam. Because by this people

are more attracted to become the partner of NJ. And this will helpful to company.

And in last i want to say that, the summer internship training, and Research work is

full of interesting and full with learning and experiencing too. And this training gave

me more confidence and more knowledge about market and Financial products.


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RECOMMENDATION AND SUGGESTION

By getting the training and doing the research and by moving in the real market i

understand number of things. And after this, not exactly but somewhat i am able to

gave suggestion to the investor that currently the share market is not going well and

its going on minus. So its not good to invest in share market. Because there is very

less chance to earn more returns.

Currently, the best option is that investor can buy Gold and Silver for some period of

time. Because market says that it will gave more returns. Currently the price of Gold

and Silver is about Rs.24000 and Rs.61000 respectively. And market says that in

future it will reach upto Rs.30000 to Rs.70000 respectively.

Then there is also good option for investment is to invest in Real estate. But this is to

be for long period of time. Its better to buy some land or plot or to invest in building

or house and once buy it and wait for some time and in future there price will

definitely will grow up because all the people are moving toward the real estate and

there are more customers for buying land and building. So there is the chance to earn

more returns.

But one thing is sure for all investor and in all investment, all the investors should

have to invest for long period of time then only he or she can earn more returns.

Then there is also another thing that investor should have to keep in mind that

High Risk - High Return and

Low Risk - Low Return


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BIBLIOGRAPHY

Book: UnderstandingMutual Funds by Sunita Abraham and Uma Shashikant

www.njindiainvest.com

www.njfundz.com

www.moneycontrol.com

www.amfiindia.com

www.bseindia.com

www.mutualfundsindia.com/schemewatch
http://www.njindiainvest.com/http://www.njfundz.com/http://www.moneycontrol.com/http://www.amfiindia.com/http://www.bseindia.com/http://www.mutualfundsindia.com/schemewatchhttp://www.mutualfundsindia.com/schemewatchhttp://www.bseindia.com/http://www.amfiindia.com/http://www.moneycontrol.com/http://www.njfundz.com/http://www.njindiainvest.com/


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ANNEXURE

QUESTIONNAIRE

TO STUDY THE INVESTMENT HABITS OF INDIVIDUAL IN ANAND

CITY

This research is part of our study and i Kartik Anjana pursuing Master of

Business Administration (MBA) at Indukaka ippcowala Institute of

Management (I2IM) Changa. So i use this information for my study purpose

only and i assure you that i will not disclose your any information anywhere. So

please support me by giving your valuable information and time.

1. NAME: ........................................................................................2. ADDRESS: .................................................................................

.................................................................................3. CONTACT NO.: ................................4. E-MAIL ADDRESS: ...........................5. AGE:

(A)21 to 30 years ( ) (B) 31 to 40 years ( )(C) 41 to 50 years ( ) (D) More than 50 years ( )

6. GENDER

Male ( ) Female ( )

7. OCCUPATION: ......................................................

OR

Which kind of Business you are doing? ....................

8. INCOME (PER MONTH):

(A) Less than 5000 ( ) (B) 5000 to 14999 ( )

(C) 15000 to 29999 ( ) (D) 30000 or more ( )

9. How many years of experience do you have in this business or work?

(A) Less than 1 year ( ) (B) 1 year to 3 year ( )

(C) 3 year to 5 year ( ) (D) More than 5 years ( )

10. Are you interested in any investment?

Yes ( ) No ( )

If No, Please specify why.........................................................


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11. Currently, in which market have you make an investment?

(A) Equity ( ) (B) Debt ( )

(C) Mutual Fund ( ) (D) Other ( )

If other, please specify...................................................

12. How much return you get from your investment? ................................

13. Are you satisfied with this investment?

Yes ( ) No ( )

14. Are you aware about Mutual Fund?

Yes ( ) No ( )

15. Would you like to start Mutual Fund business?

Yes ( ) No ( )

16. Have you cleared AMFI exam?

Yes ( ) No ( )

17. Would you like to give AMFI exam?

Yes ( ) No ( )

18. Do you think that mutual fund advisory business is one of the highest

Income generating business among other investment ?

Yes ( ) No ( )

19. As per knowledge, generally investors invest in which mutual fund

Product ?

(A) Equity ( ) (B) Debt ( )

(C)Balance ( ) (D) Other ( )

If other, please specify......................................

20. What do you think about mutual fund provide more returns as compared

to

(A) PPF ( ) (B) Stock Market ( ) (C) Bond ( )

(D) Post ( ) (E) FD ( ) (F) All of the above ( )


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21. Any suggestion: ...................................................................................

..................................................................................

...................................................................................

Date:.......................

Signature: .......................

report on sip final kartik

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