project report on equity

A

ON

Brief Study of Equity Products at FullertonBrief Study of Equity Products at Fullerton Securities Ltd.Securities Ltd.

&&Comparative Study of Equity MarketComparative Study of Equity Market

In the partial fulfillment of the DegreeMaster of Business Administration

SUBMITTED TO: SUBMITTED BY:

Rajasthan Technical SONAM AGARWAL

University, Kota. (FINANCE) (2009-2011)

BIYANI NSTITUTE OF SCIENCE & MANAGEMENT

Jaipur

INDEX S.No.. Detail Page No..

1 Acknowledgement 3

2 Preface 4

3 Industry Profile 5

4 Company profile 8

4.1 About Investment 11

5 About Project 15

6 Mutual Funds 17

6.1 Insurance 23

6.2 Commodity 28

6.3 Indian stock market overview 48

6.4 Sensex and Nifty 54

6.5 Margin Trading 55

6.6 on-line Trading 58

6.7 Corporate offers 59

6.8 Competitive Analysis 60

7 Research Methodology 61

8 Swot Analysis 66

9 Limitations 69

10 Conclusion 70

11 Suggestions 71

12 Questionnaires 72

13 Glossary 73

14 Bibliography 80

Acknowledgement

First and foremost I would like to express my sincere gratitude to Mr.Rajat Sharma, Asst. Vice President, Fullerton Securities Ltd. Jaipur Branch for providing me an

opportunity to work in this organization as a project trainee.

I am also thankful to my corporate guide Mr. Hitesh Godhwani, Branch Manager, who

has been an inspiration for me, who has shown me the light of corporate world, who has

guided me eloquently during my project work and who has been my mentor throughout

my project.

Special thanks to Mr.Pankaj Mathur (Team Manager), Ms. Shiksha Gaur (Asst.

Relationship Manager), Mr. Chetan Bose (Asst. Relationship Manager), who have

been a constant source of help and invaluable guidance whenever required.

I am also thankful to my faculty guide Mr. Harish Singla for guiding and providing me

with valuable suggestions that helped me to move steadily towards accomplishment of

my project objectives.

Finally I would like to thank the institute for giving me chance to learn and add to my

knowledge and to gain some experience through this summer training project.

Sonam Agarwal

http://en.wikipedia.org/wiki/File:18646_265168940765_265072855765_3872928_4991806_a.jpg

Biyani Institute of Science & Management

Preface

As part of the course curriculum of the post graduate degree of Master in Business

Administration, the students have undergone practical training for 45 days.

The underlying object of the training is to provide the student with practical aspect of the

organizations working in an environment. Such type training help the student to work on

real industrial environment and to gain practical knowledge and build confidence.

As the part of this curriculum, I took my training in Fullerton securities. The training

covered all the aspect of learning about unit link investment plan.

As we know that declining rate in traditional investments have created urge among the

people for new avenues of investments, unit link investment plan prove to be one such

investment which provide a combination of good return with all tax benefits that in turn

help people to get maximum returns and benefits on their savings. Unit link is the

combination of mutual funds and insurance.

Practical training in any organization is must for every management student as it is

better of learning concepts and helps the student to instrument those concepts in the

real corporate world.

Sonam Agarwal



v

Chapter: -1

Industy Profile



Industry Profile

Industry profile means the industry in which we invested in our money it is the industry

of the Indian stock market is tremendous development and the new trends introduce in

this. There are the many industry in which we can invest our money and get the return.

and there is the many advantages and disadvantages of them that is the automobile

sector, real estate sector , insurance sector, textile sector , and the telecom sector so

we analysis the industry in which we can invested in our money so the share market is

evaluate the industry , the investors invested before the me analysis of the three

analysis.

Economy Analysis :

Economy analysis is the analysis of the basic rules and regulation of the

particular country and the lows which are announced by the central reserve bank

of particular country.

Industry Analysis :

The industry analysis consists of the particular feature o industry there are the

many industry are bank sector, automobile sectors, insurance sectors, and the

bank sectors So we evaluate the industry analysis of the past sales , current

growth and the market patters and price of share.

Company Analysis :


Company analysis is the last stage of the investment process company analysis

means the selection of the particular sectors and there are the different sector

and each sectors consists of the many company


Chapter: -2

Company Profile



Background

Fullerton Securities and Wealth Advisors Limited were incorporated in February 2008 under Indian Company Law. It is a subsidiary of Fullerton Financial Holdings, an Asian


financial institution with investments in banks and finance companies in emerging markets. Fullerton Financial Holdings primarily focuses on both business banking and consumer banking. In business banking, Fullerton Financial Holdings focuses on the commercial, small and medium enterprises and self-employed mass market segments. It focuses on the mass affluent and mass salaried segments in consumer banking. Fullerton Financial Holdings is a wholly owned subsidiary of Temasek Holdings, headquartered in Singapore. Fullerton Financial Holdings also has presence in India through Fullerton India Credit Company Limited.


Type Financial Services

Industry Equity Broking and Wealth Management

Founded Gurgaon, India , 2008

Headquarters Orchid Center, 2nd Floor, Golf Course Road, Sector 54, Gurgaon

Key people Pallav Sinha : MD & CEO[1]

Products Financial PlanningEquity BrokingDemat accountMutual FundsSystematic Investment PlanBonds


Structured ProductsLife and General Insurance

Services Wealth ManagementFinancial PlanningEquity Broking and DistributionPortfolio Management ServicesPrivate Equity

Employees 350

Parent Fullerton Financial HoldingsTemasek Holdings

Website http://www.fullertonsecurities.co.in


Vision 2010

Vivid Description of Vision By 2010, we would have

To be a distinctive financial services entity, providing the widest range of unbiased financial solutions to customers

Achieved through proprietary distribution network and business partners

Top class equity research

High quality & well-trained employees

Consistent Service

Cutting Edge Technology

To provide superior financial planning and Wealth Advisory



MISSION Create and maximize long-term shareholder value as an active investor and shareholder of successful enterprises.

To work with vigour, dedication and innovation to achieve excellence in service, quality, reliability, safety and customer care as the ultimate goal.

To earn the trust and confidence of all stakeholders, exceeding their expectations and make the Company a respected household name.

To consistently achieve high growth with the highest levels of productivity.

To be a technology driven, efficient and financially sound organization.

To contribute towards community development and nation building.

To be a responsible corporate citizen nurturing human values and concern for society, the environment and above all, the people.

To promote a work culture that fosters individual growth, team spirit and creativity to overcome challenges and attain goals.

To encourage ideas, talent and value systems.


To uphold the guiding principles of trust, integrity and transparency in all aspects of interactions and dealings


Core Values of company

Values

We strive to achieve excellence and deliver results in a professional and responsible way Through MERIT. These corporate values are the foundation of our culture and Guide our day-to-day interaction with each other.

Meritocracy We are fair and objective in recognizing contributions and performance

Excellence We are passionately committed to learning, improving and delivering outstanding results

RespectWe treat others as we would like others to treat us


Integrity We are honest to ourselves, our profession, our institution and our stakeholders

Teamwork & We value each other and work together to benefit from our complementary strengths.TrustWe foster a culture of mutual support & confidence.

Biyani Institute Of Science And Management

Profile of Fullerton

Temasek holding is an Asia investment house, managing a portfolio of over U$120billion focused on Asia, Singapore and emerging economics. Guided by an independent board, they operate autonomously on commercial principles to maximize long term shareholder returns.

Rated AAA/Aaa by standard & poor’s and moody’s respectively.

Diversified portfolio in a wide range of industries

Telecommunication & media - sing Tel, Bharti Airtel, Global Crossing.

Financial services - DBS, Standard chartered Bank, Merrill Lynch, and Barclays.

Real Estate - capital Land, maple tree. Transportation & Logistics - Singapore Airlines, Neptune Orient

lines, PSA. Energy & Resources - Singapore Power, Senoko Power,

Powerseraya.


Infrastructure, Industrial & Engineering - Keppel Corporation, SembCorp Technology, Chartered Semiconductor, Status ChipPAC.

Respectable return to shareholder over last 34 year.

Total shareholder return of more than 16% per annum since its in caption 35year ago.

100% owned by ministry of finance of Singapore.


PRODUCT SPECIFICATIONS: We make available to you various investment options to meet your personal investment and financial planning needs. With a Certified Investment Counselor to assist you in making your decisions and the convenience of a One-Glance Account Statement, it’s one way to assure that your money works the hardest for you. It’s a One-stop shop for Direct Equity, Mutual Funds, Govt. of India Securities, Debentures and other fixed income investment options. A thorough due-diligence process vets all investment options before being offered to our customers, supported by comprehensive research & analysis and regular updates on performance and ongoing analysis of investment options.

Products and services

The products and services offered by Fullerton Securities and Wealth Advisors Limited include equity broking, equity trading, trading products financial planning, insurance, investment products and equity research.


Fullerton Securities and Wealth Advisors have partnered with several asset management international and Indian mutual funds companies Following is its partner profile.

Benchmark Mutual Fund Birla Sun Life Mutual Fund DSP Blackrock Mutual Fund Franklin Templeton HDFC Mutual Fund ICICI Prudential Mutual Fund J.P. Morgan Mutual Fund UTI Mutual Fund HSBC Mutual Fund SBI Mutual Fund Religare Mutual Fund Reliance Mutual Fund Fidelity Mutual Fund IDFC Mutual Fund Sundaram BNP Paribas Mutual Fund Kotak Mutual Fund Tata Mutual Fund ING Mutual Fund

Fullerton Securities and Wealth Advisors has partnered with ICICI Lombard General Insurance [] to provide non-life insurance for home, vehicle, travel and health.

Company Operations

The company currently has offices in North India and plans to expand its operations further. It has started its operations in Punjab, India. The company also plans to focus on catering to the needs of middle income group in Punjab.

Demat account

http://en.wikipedia.org/wiki/Fullerton_Securities#cite_note-7

Demat account, short term for dematerialized account is a type of banking account which dematerialize the paper-based physical shares.

The idea of dematerialized account is to avoid the need to hold physical shares--the shares are virtually being bought and sold through the banking account.

This account is popular in India and also the SEBI mandates demat account for share trading above 500 shares.

All shares, debentures, bonds are traded in DEMAT format only and one has to have a account with a Depositary participant who deals with this paperless shares-


Fullerton Advantage

Fullerton Advantage Account fits you the best!

At Fullerton, we believe in actively listening to you and offering you a no obligation Financial Plan to help you meet all your financial goals. Our unique Fullerton Advantage Account saves you time, through a one-time documentation process, so you are ready


for any financial opportunity that arises. What's more, your relationship with us starts on a highly rewarding note.

For the first time ever, you get complimentary insurance coverage upto Rs. 5 lacs, automatically with the Fullerton Advantage Account. This account also brings you great savings across your favourite brands in apparel, electronics, health and entertainment! So that while you plan for the future, your current desires are not ignored.

What's more, you also get ready-to-use investment, insurance & broking accounts with great savings on account opening fees (savings of up to Rs. 1100 per year!). Take a look at the 4 variants of the Fullerton Advantage Account and simply choose the one that matches your needs best.

Financial & lifestyle benefits worth over Rs. 69,000!sFor a relationship opening fee of Rs. 3,999 only

Financial & lifestyle benefits worth over Rs. 33,000!For a relationship opening fee of Rs. 2,799 only!

Financial & lifestyle benefits worth over Rs. 17,000!For a relationship opening fee of Rs. 999 only.

http://www.fullertonsecurities.co.in/advantage/advantage_platinum.aspx

http://www.fullertonsecurities.co.in/advantage/advantage_gold.aspx

http://www.fullertonsecurities.co.in/advantage/advantage_silver.aspx

FULLERTON I RELATIONSHIP MANAGER :

You are just a call away from your FULLERTON Relationship Manager THE TRUSTED

ADVISOR for all your financial needs. He will be responsible to maximize your returns

and provide you with solutions that are specially customized for you. He will also advise

you on how to make the most of FULLERTON services, In short, help you stretch your

business dreams. As you consolidate your relationship with us, we will present you with

special relationship pricing on the entire range of products, to give you more value for

your money. For any further information or clarifications please feel free to get in touch

with the undersigned.s


1) Investment (Delivery) 2) Trading (Speculation)

1) Delivery Margin: 4 times.

In this module, you can buy the shares for the Investment. Or for the Long time

Position. In this module one great facility is there if you will buy today you can sell

that delivered shares next day. But you have to Pay Delivery Brokerage= 0.5%


(Per leg). But In- case you clear your position same day then brokerage will be

trading (0.10% Per Leg).

For Example: You deposited margin Rs. 10,000/- (cash) that you will get 20,000/-

investment (Means you can take position till 20, 000/-). And as you will sell those

shares your Margin will be free for the Next Position / Next Souda.

2) Trading (Intraday): 12 times

In this module you Can get limit for the six time of your deposited Margin fund

For e.g. In Trading you will Deposit Rs. 10,000 Your limit will get Increase 12

times (10,000*12 = 1,20,000/-) But In trading we Square off the all position at

3:10pm Whatever share price will be at that time.


ADDITIONAL FACILITIES

1) You can transfer your fund from “Investment to Trading” Or “Trading to

Investment”.

2) You can see your Contract Note and Bill Online at the End of Day (EOD).

3) In Intra-day you can see your all position and you’re pending order also.

4) You can see your all history from beginning till date as per Trade/Date/Symbol.

5) Third thing you can see your overall DP position on trading engine.

6) You can do short sale also over there in Trading A/c.


Biyani Institute of Science & Managements

Chapter: -3


About Investment


About Investment

Investment is wisely important part of financial securities one tries to money to

investment early as possible so that money will grow accordingly her life time Choosing

a wise investment often is very Crucial because a balance is require to be maintained

between risk and return involvement . For examples, many people invest in private firms

which very offer very high interests rate but they may vanish after some time loosing his

invested money

Feature of Investment


1. Safety of Principle : Safety of Principle is the one of most important feature

of the investment that means we should trying to safe our investment capital

through positive balance between the Risk and Investment.

2. Adequate Liquidity and Collateral Value : Adequate Liquidity means the

investment should be liquid form that means the current capital investment in the

liquid assets so that we easily arrange the cash as per our cash requirement.

3. Stability of Income : Stability in income means the stability of income as form

of the return invested in the investment assest by the investors. The income

occur in the regular basis and the time in which generate income is much be very

long.

4. Capital Growth : Capital Growth means the increase the principle amount of

the capital and the capital appreciate of the income and capital of the investment

of the capital.

5. Tax benefit: Tax benefit means the amount invested in the tax benefit security

so that we can save the tax saving. There are several instrument available in the

market so that we can make the save of the tax.

6. Purchasing Power Stability: Purchasing power stability means the

analysis of the purchase power of man and increase the purchase power of the

infesters so that the man can investment his capital and money and increase the

living of standard.

7. Increase the Standard of Living : Increase the Standard of Living means

the increase the purchase power of the investor and earn more return of his

invested amount of the capital which is invested by the investors and so that the

purchase power of the investors his increase and ultimate the increase of the

standard of living.


Risk Associated With Investment

1. Business and Financial Risk: Business risk is the type of risk in Business

risk is that portion of the unsystematic risk caused by the operating environment

of the business. Business risk arise from the inability of a firm to maintain its

competitive edge and the growth or stability of t he earning. Variation that occurs

in the operating environment is reflected on the operating income and expected

dividends. The variation in the expressed operating income indicated the

business risk.


2. Interest Rate Risk: interest rate risk is the variation in the single period rates

of return caused by the fluctuations in the market interest rate . Most commonly

interest rate risk affects the price of bonds, debentures and stock. The

fluctuations in the interest rates are caused by the changed by the changes in the

government monetary policy and the changes that occur in the interest rates of

treasury bills and the government bonds.

3. Social and Regulatory Risk : Social and regulatory risk is the risk occur in

the changes of the changes in the social environment of the public environment

as well as the regulatory policy changes and the commitment in the regulatory

policy means the which policy by the Indian market regulate by the various policy

and the plans which announced by the security and exchange board of India and

the government and the Reserve bank of India.

4. Purchasing Power Risk. Variations in the returns are caused also by the

loss of purchasing power of currency. Inflation is the reason behind the loss of

purchasing power. The level of inflation proceeds faster than the increase in

capital value. Purchasing power risk is the probable loss in the purchasing power

of the returns to be received.



Topic Undertaken

Chapter: -4

About Project

Mutual funds Insurance


About Project

1. Mutual funds growth and insurance growth depends on share market growth. If sensex get good position in share market then u get more profit in mutual funds and insurance.

2. Share market have two types of index:

First one is Sensex Second one is Nifty


Share market

(Share trading & D


Mutual Funds

A mutual fund is simply a financial intermediary that allows a group of investors to pool

their money together with a predetermined investment objective. The mutual fund will

have a fund manager who is responsible for investing the pooled money into specific

securities (usually stocks or bonds). When we invest in a mutual fund, we are buying

shares (or portions) of the mutual fund and become a shareholder of the fund.

Mutual funds are one of the best investments ever created because they are very cost

efficient and very easy to invest in (we don't have to figure out which stocks or bonds to

buy).Pooling money together in a mutual fund, investors can purchase stocks or bonds

with much lower trading costs than if they tried to do it on their own. But the biggest

advantage to mutual funds is diversification.

KEY FEATURES (Importance) OF MUTUAL FUNDS:

Professionally managed as it is managed by experts who decide on behalf of

shareholders on investment strategy. They had an extensive knowledge of the

market conditions and financial performance of individual companies and specific

securities.

Diversification is possible since a diversified portfolio helps reduce risk by

offsetting losses from some securities with gains in others.

Variety of funds having different investment objectives, from conservative to

aggressive, and investing in a wide range of securities.



THE STRUCTURE OF A MUTUAL FUND:



v

TYPESDiversification is the idea of spreading out the money across many different types of

investments. When one investment is down another might be up. Choosing to diversify

the investment holdings reduces the risk tremendously.

The most basic level of diversification is to buy multiple stocks rather than just one

stock. Mutual funds are set up to buy many stocks (even hundreds or thousands).

Beyond that, we can diversify even more by purchasing different kinds of stocks, then

adding bonds, then international, and so on. It could take weeks to buy all these

investments, but if we purchase few mutual funds we could do it in a few hours because

mutual funds automatically diversify in a predetermined category of investments (i.e. -

growth companies, low-grade corporate bonds, international small companies).The

three major typesof mutual funds are as under 1.Money market funds2.Bond funds3.Stocks funds


1. Money Market Funds

These funds are a great place to park our money. Whether we're storing money for emergencies, saving for the short-term, or looking for a place to store cash from the sale of an investment, money market funds are a safe place to invest.

These funds invest in short-term debt instruments and typically produce interest rates that double what a bank can offer in a checking account or savings account and rival the returns of a CD (Certificate of Deposit).

2.Bond FundsBond funds carry more risk than money market funds are often used to produce income (useful in retirement) or to help stabilize a portfolio (diversification). The primary types of bond funds are:

Municipal Bond Funds -uses tax-exempt bonds issued by state and local governments (these funds are non-taxable).

Corporate Bond Funds -uses the debt obligations of corporations. Mortgage-Backed Securities Funds - uses securities representing residential

mortgages.Another way bond funds are often classified is by maturity, or the date the borrower (whether it be the bank, the government, a corporation or an individual) must pay back the money borrowed. Using this classification bonds are often called short-term bonds, intermediate-term bonds, or long-term bonds.

3.Stock FundsStocks funds are considered riskier than bond funds (although certain bond funds can be very risky) and are used for growing your money. Money market funds and bond funds typically provide returns just a percentage or two above inflation, but stock funds should do much better over long periods of time.



ADVANTAGES

It seems strange to compare mutual funds to stocks since mutual funds are primarily

composed of stocks, but it is important to distinguish the two because there are some

notable advantages to using mutual funds.

1. Get Focused

I will admit that investing in individual stocks can be fun because each company has a

unique story. However, it is important for people to focus on making money. Investing

isn't a game. Your financial future depends on where you put you hard earned dollars

and it shouldn't be taken lightly.

2. Diversification

There is no greater advantage to using mutual funds than diversification. Do you

honestly believe wealthy investors purchase just a couple of stocks? Of course not! If

they are not using mutual funds (many do), than they are purchasing a large number of

stocks. Smart investors diversify because it greatly reduces risk without sacrificing

returns.

3. Professional Management

By purchasing mutual funds, you are essentially hiring a professional manager at an

especially inexpensive price. It would be a bit cocky to think that you know more than

mutual fund manager.


These managers have been around the industry for a long time and have the academic

credentials to back it up. Saying you could outperform a mutual fund manager is similar

to a football fan sitting on their couch saying "I could have made that catch" -possible,

but not likely.

Even if some of us are better at picking stocks than a professional and their support

staff, most of us would not want to spend the amount of time it takes to watch, research

and trade the market on a daily basis.

4. Efficiency

By pooling investors' monies together, mutual fund companies can take advantage of

economies of scale. With large sums of money to invest, they often trade commission-

free and have personal contacts at the brokerage firms.

5. Easy of Use

Can you imagine keeping track of a portfolio consisting of hundreds of stocks? The

bookkeeping duties involved with stocks are much more complicated than owning a

mutual fund. If you are doing your own taxes, or are short on time, this can be a big

deal.

6. Liquidity

If you find yourself in need of money in a short amount of time, mutual funds are highly

liquid. Simply put in your order during the day and when the market closes a check will

be sent to you or you can have it wired to a bank account. Stocks can be much more

difficult depending on what kinds of stocks you are invested in. CD's offer no liquidity

(not without a hefty fee) and bonds can be difficult, too. Some mutual funds also carry

check writing privileges, which means you can actually write checks from the account,

similar to your checking account at the bank.

7. Cost

Mutual funds are excellent for the new investors because you can invest small amounts

of money and you can invest at regular intervals with no trading costs. Stock investing,

however, carries high transaction fees making it difficult for the small investor to make

money. If an investor wanted to put in $100 a month into stocks and the broker charged

$15 per transaction, their investment is automatically down 15 percent every time they

invest. That is not a good way to start off!

Wealthy stock investors get special treatment from brokers and wealthy bank account

holders get special treatment from the banks, but mutual funds are non-discriminatory. It

doesn't matter whether you have $50 or $500,000; you are getting the exact same

manager, the same account access and the same investment.

8. Risk

In general, mutual funds carry much lower risk than stocks. This is primarily due to

diversification (as mentioned above). Certain mutual funds can be riskier than individual

stocks, but you have to go out of your way to find them.

With stocks, one worry is that the company you are investing in goes bankrupt. With

mutual funds, that chance is next to nil.


Life Insurance

Along with your savings and investment strategy, life insurance should be part of your

long-term financial planning.

You may not like to think about it, but your death can be costly to your loved ones. At

the very least, there will be funeral and burial costs. There may also be estate taxes and

outstanding debts to pay, such as medical expenses not covered by health insurance.

f you have dependents, they will have to cope with these costs while no longer having

your income to rely on.

The proceeds from a life insurance policy can be of tremendous value at this time. It

will provide economic assistance to your family so they can pay off the mortgage,

college tuition and other ongoing expenses and maintain their current lifestyle.

There are many choices when it comes to life insurance and over 1,500 insurance

companies to choose from, so it is important to work with a knowledgeable insurance

agent or company representative.



Many financial experts consider life insurance to be the cornerstone of sound financial

planning. It is generally a cost-effective way to provide for your loved ones after you are

gone. It can be an important tool in the following ways:

1. Income replacement The key economic asset for most people is their ability to earn a living. If you

have dependents, then you need to consider what would happen to them if they

no longer have your income to rely on. Proceeds from a life insurance policy can

help supplement retirement income.

This can be especially useful if the benefits of your surviving spouse or domestic

partner will be reduced after your death.


2. Pay outstanding debts and long-term obligations

Consider life insurance so that your loved ones have the money to offset burial

costs, credit card debts and medical expenses not covered by health insurance.

In addition, life insurance can be used to pay off the mortgage, supplement

retirement savings and help pay college tuition.

3. Estate planning

the proceeds of a life insurance policy can be structured to pay estate taxes so

that your heirs will not have to liquidate other assets.

4. Charitable contributions

If you have a favorite charity, you can designate some of the proceeds from your

life insurance to go to this organization.


While there a many different types of life insurance policies, they generally fall into two categories – term and permanent.

1. Term

Term Insurance is the simplest form of life insurance. It provides financial

protection for a specific time, usually from one to 30 years. These policies are

relatively inexpensive and are well suited for goals, such as insurance protection

during the child-raising years or while paying off a mortgage. They provide a

death benefit, but do not offer cash savings.

Purchasing term insurance is like renting a home. It is a short-term solution.

Monthly costs are usually lower, but you will not be building equity. Just as many

people rent (while saving to buy a home), individuals who need insurance

protection now, but have limited resources, may purchase term coverage and

then switch to permanent protection. Others may view term insurance as a cost-

effective way to protect their family and still have money to put into other

investments.


2. Permanent

Permanent insurance (such as universal life, variable universal life and whole life)

provides long-term financial protection. These policies include both a death benefit and,

in some cases, cash savings. Because of the savings element, premiums tend to be

higher. This type of insurance is good for long-range financial goals.

Purchasing permanent insurance is like buying a home instead of renting. You are

taking care of long-term housing needs with a long-term solution. Your monthly costs

may be higher than if you rent, but your payments will build equity over time. If you

purchase permanent insurance, your premiums will pay a death benefit and may also

build cash value that can be accessed in the future.


When to consider term insurance?

If you need life insurance for a specific period of time, term insurance should be

considered. It provides insurance protection from one to 30 years and is generally the

least expensive form of life insurance. If you die during the term of the policy, your

beneficiary will be paid the amount of money specified in the policy. If you are still alive

at the end of the term, coverage stops unless the policy is renewed. Unlike permanent

insurance, you will not build equity in the form of cash savings.

Term insurance can be a useful financial tool for:

Those who need a large amount of life insurance, but have a limited budget, such as

a young couple, with children.

Covering debts that will disappear in time, such as a mortgage or car loan.

Business owners who want to cover the life of a key employee for a specific number

of years.

Keep in mind that premiums are lowest when you are young and increase upon renewal

as you age. Some term insurance policies can be renewed when the policy ends, but

the premium will generally increase. Many policies require a medical examination at

renewal to qualify for the lowest rates. Before deciding on a policy from a specific

company, find out what their requirements are. Also, see if you would be able to convert

the term policy to a permanent policy later



What are the different types of term insurance policies?

1. Renewable Term Insurance

This policy allows you to renew coverage at the end of the term without having to submit

medical information.

The company renews your policy even if your health has deteriorated. However, the

premium rate will usually rise with each renewal.

3.Level term


2. Convertible Term Insurance

You can convert your term coverage into a permanent policy without providing evidence

of insurability (usually a medical exam). Premiums for convertible policies are usually

higher than for nonconvertible policies.

Once converted, the premiums for the permanent coverage will be higher than those

you are currently paying for the term policy for the same death benefit.

However, the premiums for the permanent policy will now remain the same while the

term premiums will continue to rise on renewal.

3. Level Term Insurance

These policies provide a fixed premium for a certain number of years, usually 10 or 20

years, while the death benefit remains unchanged. The advantage is


Indian Stock Market Overview

The Bombay Stock Exchange (BSE) and the National Stock Exchange of India Ltd

(NSE) are the two primary exchanges in India. In India, in addition, there are 22

Regional Stock Exchange. However, the BSE and NSE have established themselves as

the two leading exchanges and account for about 80 percent of the equity volume

traded in India.

The average daily turnover at the exchanges has increased from Rs 851 crore in 1997-

98 to Rs 1,284 crore in 1998-99 and further to Rs 2,273 crore in 1999-2000 (April-

August 1999). NSE has around 1500 shares listed with a total market capitalization of

around Rs9, 21,500 crore (Rs 9215-bln). The BSE has over 6000 stocks listed and has

a market capitalization of around Rs 9,68,000 crore (Rs 9680-bln). Both exchanges

have a different settlement cycle, which allows investors to shift their positions on the

bourses.

The primary index of BSE is BSE Sensex comprising 30 stocks. NSE has the S&P

NSE50 Index (Nifty), which consist of fifty stocks. Both the exchanges have switched

over from the open outcry trading system to a fully automated computerized mode of

trading known as BOLT (BSE on Line Trading) and NEAT (National Exchange

Automated Trading) System.


It facilitates more efficient processing, automatic order matching, faster execution of

trades and transparency. The scrips traded on the BSE have been classified into ‘A’,

‘B1’, ‘B2’, ‘C’, ‘F’, and ‘Z’ groups. The ‘A’ group shares represent those, which are in the

carry forward system (Badla). The ‘F’ group represents the debt market(fixed income

securities) segments. The ‘Z’ group scrips are the blacklisted companies. The ‘C’ group

covers the odd lot securities in ‘A’, ‘B1’ & ‘B2’ groups and right renunciations. The key

regulator governing Stock Exchanges, Brokers, Depositories, Depository participants,

Mutual Funds, FII and other participants in Indian secondary and primary market is the

Securities and Exchange Board of India (SEBI) Ltd.

Working of the stock Market

A person desirous of buying/selling shares in the market has to first place his order with

a broker. When the buy order of the shares is communicated to the broker he routes the

order through his system to the exchange. The order stays in the queue exchange’s

systems and gets executed when the order logs on to the system within buy limit that

has been specified. The shares purchased will be sent to the purchase by the broker

either in physical or demat format.

Rolling Settlement Cycle

In a rolling settlement, each trading day is considered as a trading period and trades

executed during the day are settled based on the net obligations for the day. At NSE

and BSE, trades in rolling settlement are settled on a T+2 basis i.e. on the 2nd working

day. Typically trades taking place on the Monday are settled on the Wednesday,

Tuesday’s trades settled on Thursday and so on.

Primary Markets

Securities available for the first time are offered through the primary securities markets.

The issuer may be a brand-new company or one that has been in business for many,

many years, like that of MARUTI. The securities offered may be a new type for the

issuer or additional amounts of a security used frequently in past. The key is that these

securities absorb new funds for the coffers of the issuer.

Secondary Markets

Once investors have purchased new issues, they change hands in the secondary

markets. There are actually two broad segments of the secondary markets the

organized exchanges and the over-the-customer (OTC) market. The primary middlemen

in the secondary market are brokers and dealers. Broker act as an agent while dealer

as a principal in a transaction.

Organized stages are physical market place where the agent of buyers and sellers

operate through the auction process.

Depository

The organization responsible to maintain investor’s securities in the electronic from is

called the depository. In other words, a depository can therefore be conceived of as a

“Bank” for securities. In India there are two such organizations viz. NSDL and

CDSL.The depository concept is similar to the banking system with the expectation that

bank handle funds whereas a depository handles securities of the investors. An investor

wishing to utilize the services offered by a depository has to open an account with the

depository through a depository participant. Depository participant: the market

intermediaries through whom the depository services can be availed by the investors

are called a Depository Participant (DP).


Indian online share trading

Realizing there is untapped market of investors who want to be able to execute their

own trades when it suits them, brokers have taken their trading rooms to the Internet

known as online brokers, they allow you to buy and sell shares via Internet. There are 2

types of online trading service:

1. Discount brokers

Discount online brokers allow you to trade via Internet at reduced rates. Some provide

quality research, other don’t.

1.Discount brokers2.Full service online


2. Full service online

Full service online brokerage is linked to existing brokerages. These brokers allow their

clients to place online orders with the option of talking/ chatting to brokers if advice is

needed. Brokerage rates here are higher. 5Paisa.com, ICICIDirect.com, IFullerton.com,

Sharekhan.com, Geojit securities.com, HDFCsec.com, Tatatdw.com, Kotakstreet.com

are some of the online broking sites in India.


Factors investors keep in mind while selecting online brokers in India

1. Brokerage cost

It is important to weigh up the subscription and trading costs charged by an online

broker against benefits offered by the site. All online brokers display their charges on

their sites. Some make sure you find the charges easily, while with others you will have

to search a bit.

2. Security

Please make sure site has 128-bit encryption to ensure safety of transaction online. You

normally get a secured Login id and password. It is always advisable to frequently

change trading password. Ideally online trading site should be fully integrated. The

greater the backward integration, the better it is for the customer. Ideally broking

account, Demat account and bank account should be linked electronically.

3. Rate refresh

Rate refresh has to be real-time with no time lag. The speed and reliability comes with

huge investment in technology. It is always advisable to check rates of online broking

sites with BSE/ NSE terminal rates.

4. Speed of execution

System has to be fast and reliable that doe’s just one job- executes your trades. The

last thing you need is a site that is heavily congested with the users who are

downloading heavy jpeg graphs or pulling the latest story why market is moving.


The site should be one click wonder where squaring off all your positions or canceling

all your pending orders takes one click and a confirmation of action.

5. Trading Exposure

For trading, all sites provide 4 times buy and sell limit against margin money put in by

customer. For delivery of shares, buying limit is equal to margin money put in by

customer. Couple of sites also provides margin funding for buying of shares.

6. Free trial period

Site should allow users free trial period to familiarize yourself with system before you

decide to become trading member of the site.

7. Intraday chart/ historical chart

The site should provide intraday chart tick-by-tick time and price data / historical chart

for technical analysis by investors of particular scrip. Lot of people trade based on

charting packages.

Before you can trade, you need to open an account and register as a trader as with

online broking site. This involves filling up trading account form, Demat account form

and for faster transfer of money- Internet enabled bank account. Please read terms and

condition of each site before commencing to deal with them. As per SEBI rule, Photo id

proof and current address proof is a must for opening trading account.

Online share dealing on the Internet is now a way of life for thousands of investors. 80%

of South Korea and 30%-40% US trade are executed online. If you want to deal in

shares, thereto deal in shares, there is no easier way.


Sensex and Nifty

Re: What is Sensex? What is Nifty? Difference between these twoAnswer

# 2SENSEX IS THE INDEX OF BSE. AND NIFTY IS THE INDEX OF NSE. BOTH WILL SHOW DAILY TRADING MARKS

BSE means Bombay Stock Exchange and NSE means National Stock Exchange

Sensex is index of BSE and Nifty is index of NSE Sensex comprise 30 top listed ...

BSE=BOMBAY STOCK EXCHANGE

NSE=NATIONAL STOCK

NIFTY=The Standard & Poor's CRISIL NSE Index 50 or S&P CNX Nifty nicknamed

Nifty 50 or simply Nifty, is the leading index for large companies on the National Stock

Exchange of India. The Nifty is a well diversified 50 stock index accounting for 21

sectors of the economy. It is used for a variety of purposes such as benchmarking fund

portfolios, index based derivatives and index funds.

SEBI is securities and exchange board of India the regulatory authority for stock

exchanges. It regulates the stock exchanges operation just like RBI regulates banks.

SensexNifty


Sensex is the Bombay stock exchange index comprising of 30 top shares from various

industries and movement of the same shows the trend of the stock market whether up

or down. The counterpart of Sensex in national stock exchange is nifty which comprises

of 50 stocks. The composition of the sensex and nifty changes from time to time.

Sensex and Nifty are the two important indices that track the Indian equity market.

There are however many differences in their construction and behavior. Investors must

choose one between the two to benchmark their portfolios. It is sometimes seen that

these indices move with a low correlation to each other, that is to say that they are not

moving together.

An index is used to give information about the price movements of products in the

financial, Commodities or any other market. A stock index is created to provide

investors with information regarding the average share price in the stock market.

Generally the stock price of any company is vulnerable to three types of news:


Stock price

Func tions of an index:

The main objective is to give all market participants an indicator of the general

movement of the stock.

The primary function of a stock index is to serve as a barometer of the equity

market. The ups and down in the index represents the movement of the equity

market.

Investors can have a clear picture on equity market.

Secondly, stock market indices are lead indicators of the performance of the

overall economy. Similarly, sectoral index serves as a lead indicator of the

performance of that particular sector.

Perhaps, the most important use of an equity market index is as a benchmark for

a portfolio of stocks. The systematic risk of one’s portfolio can also be measured

by comparing it to the index.

Finally, indices are useful in modern financial applications of derivatives. Indices

serve as the underlying for Future & Options products. In the Indian market, both

Sensex and Nifty are underlying for Futures and Options contracts.



Trading are two types:-

1. Margin Trading

Margin Trading is nothing but borrowing money to invest in stocks, Here the investor

borrows money from his/her broker to invest in stocks through the same broker. The

“margin” here is the money actually borrowed from the broker.

The margin loan can be up to 50% of the total amount invested. This effectively means

that you can invest in shares worth Rs 100 by borrowing Rs 50 from your broker. This is

called buying shares on a 50% margin. If the value of the shares goes down,

The investor has to pay a “maintenance margin” to bring the margin up to 40% of the

market value of the shares.

1.Margin2. Online


This margin is paid when the broker makes a “margin call” to the investor, and investor

has to pay the difference between current margin and maintenance margin to take it to

40%.

If the margin falls below 30%, the broker has the discretion of liquidating the client’s

holdings and thus recovering the loan advanced.

Risks in Margin Trading:

You can lose more money that you have invested

You may have to deposit additional cash or securities in your account on short notice to cover market losses;

You may be forced to sell some or all your securities when falling stock prices reduce the value of your securities

Your brokerage firm may sell some or all of your securities without consulting you to pay off the loan it made to you.

Benefits of Margin Trading:

I. The main benefit of Margin Trading for the investors is that it serves as an

avenue for the investor who wants to buy more shares than the cash

available.

II. The investor leverages the transaction and aim to make more money on the

investment than the interest payable on the margin loan.

III. It can be very effective tool in the hands of the experienced and heavy

trades, who can invest up to double his investible sum in the hope to earn

high profits.

IV. Trading on Margin improves liquidity in the market. With lesser amounts of

cash with investors, they can assume higher risk and can invest in higher

value of stocks.

V. The Official and structured market for Margin Trading will most likely lead to

an expansion of day trading activity in the market.

Day Trading provides the market needed liquidity to the equity market.

2.Online Trading

Investors can have complete control of their stock investing actions, now that they have

the convenience of buying and selling shares on the NSE online and in real time. Each

individual has access to the latest information and tools to analyse any stock investment

decision. Plus the power to execute the sale or purchase right before them on their

personal computer screen.

Advantages of online trading:

The convenience of desktop investment-trade from anywhere at any time.

Not just online but real time-from placing an order to having it executed-in a few

seconds.

Continuous feedback of all transactions orders and their status.

three level security via Firewalls, data encryption using Secure Socket Layer (SSI)

technology, User IDs and Passwords i.e your personal information remains for your

eyes only.

Online access to a wealth of live information that can facilitate better investment

decisions.


Corporate Offer

Sno Parameters Competitors offer India bulls Offer

1 Facilities Only offline or online Both

2 A/c Opening charges Rs 250+ or 750 Rs 999/-

3 Annual Maintenance

charges

Rs 250+ Rs 30/-

4 Brokerage-Intraday 0.15% 0.05s(negotiable)

5 Delivery 0.75% 0.50(negotiable)

6 Min Charges Rs 10 to Rs 25 1 Paisa

7 Margin-Intraday Generally 6 to 10 times 8 times

8 Delivery No carry forward 4 times

9 Equity analysis Do not have Updated analysis

of 200 companies.

10 Technical charts Do not provide Provided on trade

terminal

11 Transparency Not so transparency Everything

provided online



Competitive Analysis:

Parameters Icicidirect Investsmart 5paisa Omkotak Share khan

Opening fee

Trade

Demat

Rs 750

Nil

Rs 670

270

Rs 425

Nil

Rs 500

Nil

Rs 500

Nil

Brokerage (%)

Delivery

Square Off

0.75

0.15

0.75

0.25

0.25

0.05

0.25

0.10

0.25

0.10

Interface

Banking

Demat

Icici

Icici

Hdfc

IL&FS

Hdfc

IIT corp

Citibank*

Kotak

securities

Hdfc**

SSkI



Chapter: -5

RESEARCH METHODOLOGY


RESEARCH METHODOLOGY

Methodology in the applied sense refers to various methods used by the researcher

right from data collection and various techniques used for the same for interpretation

and inference. Methods and techniques are often used synonymously in research

literature.

Research methodology is what must be done, how it will be done, what data will be

needed, what data gathering will be employed, how sources of data will be selected

and how the data will be analyzed and conclusions reached.

When we talk of research methodology we not only talk of the research methods but

also consider the logic behind the methods we use in the context of our research

study and explain why we are using a particular method or technique and why we are

not using others so that research results are capable of being evaluated either by the

researcher himself or by others.



Objectives of the study:

Objective of this study is to find out Fullerton Securities services for, Demat account,

Equity market, and Derivative market. Project is sub-divided into the following

objectives:

To find the competition of equity market especially in NSE trading and bring out

the awareness level of the investors who are trading with National Stock

Exchange.

To find the advantages of the Demat account and charges by various depository

participants.

To study the trading procedure of Fullerton Securities and comparison of the

broking firms.

To find the cost saving analysis on the brokerage charges by the Fullerton

Securities on the share and derivative trading with the other broking firms.

Positioning of Fullerton in Jaipur.

Suggestions and perceptions about Fullerton.



IMPORTANCE OF THE RESEARCHSignificance of research and research leads to invention. Following facts

highlight the importance of the research.

(1) Research facilitates logical or scientific thinking process which leads

towards flow less strategy formulation.

(2) It facilitates identification of ‘trends’ which ultimately responsible in

marketing opportunities.

(3) Decision making becomes easier for well researched phenomenon.

(4) Research is important in solving various operational and planning

problems of business and industry.

(5) It helps understanding perception of the employes about the training and

accordingly designs the training process.



Major Data Collection methods

I. Secondary Research

a) Internal secondary data Data from the company itself which the company already has.

b) External secondary data Data from the magazines and news papers,

II. Survey Research

a)Telephone interviews Collection of information from respondents via telephone

b) Mail interviews Collection of information from respondents via mail or similar techniques

c) Personal interviews

Home interviews Intercept interviews

Collection of information in a face-to-face situation.

Personal interviews in the respondent’s home or office

Personal interviews in a central location, generally a shopping mall

III. Field experiments Manipulation of the independent variable(s) in a natural situation.



Universe

ALL TYPE OF INVESTORSInvestor is a person who invests money to earn profit or interest on the investment, it

can in the form of deposits, lending in the form of loans or investing.

Population

ALL INVESTORS DEALING IN SHARE MARKET (PRIMARY\SECONDARY) OR DERIVATIVES

Securities available for the first time are offered through the primary securities markets.

The issuer may be a brand-new company or one that has been in business for long

time, like that of maruti. The securities offered may be a new type for the issuer or

additional amounts of a security used frequently in past. The key is that these securities

absorb

Information Source:Investors from Various firms, Relationship managers, Internet, magazines, Brokers &

Sub-brokers in Jaipur, Telecalling references generated from respondents interviewed.



Sample size

BROKERS AND SUB BROKERS IN JAIPURShare brokers and sub-brokers (including on-line line & off-line brokers)

On-line broking firms: Kotakstreet.com, 5Paisa.com, ICICI Direct.com, Sharekhan.

Off-line broking firms: Anand Rathi, H.C.Jain & Co., Hem Securities, Eureka Securities,

Alankit Assignments and others.

SHARE TRADERS500 share investors dealing in either primary or secondary market.

Sampling

Simple random sampling technique used to get an unbiased overview.

Data Type Primary Data And Secondary Data

Data Collection Technique Personal Interview

Data Collection Tools Schedule, Journals, IFullerton.com

Other books and websites

Analysis of data:Data analysis is done with the help of bar charts; pie charts, tables and certain

mathematical tools are also applied to derive the results.



TYPES OF RESEARCH

There are many types of the research like descriptive, analytical, basic, applied, qualitative, quantitative, and conceptual. I have chosen the field of Anchor Mall, Fullerton Securities.

Descriptive Research:

In this type of research I have collected data by observation, by mailing to the companies or to the key decision maker, by going to the company with the appointment with the key decision maker and ask employees about training produres in the Fullerton Securities.

Analytical Research :

I also have collected data from already available information. I got the information from the newspapers with the help of that information (phone no.) I used to take appointment with the concerned person and. In this research correlation technique is used to analyze the data.

Basic or Pure Research :

Visiting to the company to company I have got many people who are not satisfied with the services of .This enhance my ability of dealing with the people and make them satisfied.


Applied Research:

The research which has immediate commercial potential is called applied research. Applied research can further be classified as problem oriented and problem solving research.

Problem Oriented Research – During the research I have met with many people who are having many problems regarding the connections, poor network, poor services and many other problems. Most of the customers are saying about the document procedure they have big problem with the collection of the formalities so that makes the satisfaction level of the customers down.

Problem solving Research –

Fullerton Securities is facing the main problem about the charge of broking because there is no collection centre near by the area which I have visited that is why the company is not getting good business from the particular area.

Quantitative Research:

I have visited about 350 companies and I have got different result from them 80% of the people listened to me, 20% of the people did not listen me, the sales results were very low.

Conceptual Research:

Many of the people want to pay the bill at the place which should be near to them and safe also


Swot Analysis of The Fullerton

Swot Analysis Means the Analysis of the Particular Topic in the Four Following Basis

There Is the Swot Analysis Means The:-

1. Strength :

Strength Means The Strength Of the Company That is the Fullerton is the most

famous and biggest company of the share broking company in India there is the

lot of the branch and the online share company brooking in the all those

particular branch . In Indian share market is the fastest growth market of the

world there is the 95 branch in the Indian share market.


1. Trading via Branch network, telephones and internet. You can place orders after

market hours also.

2. Buy today sell tomorrow facility that other company is not providing.

3. Personal relationship with the client.

4. Exposure of 12 Times on intraday trading and 4 Times delivery

5. Insurance of customer through Birla insurance.

2. Weakness:

Weakness is the most week part of the company in the company so that is not

right by the company in the Indian share market the very limitation and that is the

two of the weakness are controllable and uncontrollable. There are the limitations

and weaknesses of the Fullerton are as follows.

1. Finding cannot be generalized all over India.

2. The research undertaken is strictly within the time frame of 15 may till 30 June 2006

3. Several Branches are closed in India in last few months.

4. Several suggestions could not be included in the report because more of research

works are required for them.

5. The finding of the research are directly in accordance with above mentioned time

period and are directly proportional to market condition.

3. Opportunities :

opportunities are the most findable part of the new market by the company the

opportunities of the share markets are the may are in the India and the world

wide so the opportunities of the Indian stock market in the India bulls are as

follows.

1. Opportunities are lots of hare in the India of the share market are here because

the Indian stock markets tremendous growth in the last few years.

2. share market is the most famous in the among the people

because everyone of the people wants to investment so that he get receive

more return.

3. in will introduce in the several medium and small city so that everyone can

investment in these sharebroaking company.

4. Threats

Threats means the opportunists will lost by the company the recent few issues in the

Indian market is that it is highly crisis of the world wide economy because in the last

months the world economy is the highly facing the recession so that in presents the

company was closed the many branch in throughout the country . And the banking

operation are also included in this point .


LEARNING

Doing a project in FULLERTON SECURITIES in JAIPUR city, was a great opportunity

to practically understand and experiencing the finance & marketing field.

I express my deep sense of gratitude to FULLERTON SECURITIES for giving me this

opportunity and for providing platform to undergo training, and get the valuable

knowledge of share and securities.

As FULLERTON SECURITIES is a securities company the project was totally a

finance project hence it helped me to practically understand the knowledge of share

and securities.

The company helped to understand various financial products..

The company also helped me to understand every step of their competitors in the

market.

The company also helped me to understanding how performs dealing in shares and

trading.

During the survey it is observed that what are the real problems faced by the

customer.

Meeting different people in various segments, interviewing with corporate and

actual users helped me to learn the basics of securities.

During the survey I came to know the real competition between the major players of

Securities Company. It helped me to understand the future of securities company

with its opportunities and threats.



Limitations:

Findings cannot be generalized all over India

The research undertaken is strictly within the time frame of 15 May till 30

June 2004

Several suggestions could not be included in the report because more of

research works are required for them.

The findings of the research are directly in accordance with above mentioned

time period and are directly proportional to market conditions

The result is just an instantaneous view of the equity market scenario.

Although every care has been taken to make sure that the research is

accurate to the highest degree of significance but still a slight possibility of

errors cannot be ruled out.



Conclusion

Over all Fullerton is providing better deal to investors in Jaipur city and the products of

Fullerton are updated, monthly wise for customer’s convenience. There are no hidden

costs charged from investors till today.

The Turnover of the company is high (40 crore) and acted as one of the largest retail

financing company (33% market share) and the company is providing convenience of

buying and selling shares on NSE online.

This report that follows, analyzes all the sides of the issue and takes a more objective

approach to one of the most important decisions many people make during their life

time – how to invest their money appropriately, and build up the funds they will depend

on it when they retire and those funds are also used to build wealth across time.

On the basis of the analysis of data collected, it has been found that investor preferred

to invest in mutual funds mainly because of good return, high liquidity, tax benefit

and maintaining a growth in their wealth.



Suggestions

The Project was an interesting one and was a grand success as the objective of the study was rightly achieved.

Complete work was done under proper guidance and instructions.

It is suggested that more in-depth study can be done if the guide suggest, it can hence help the Company as well as the Trainees.

Interest rate on Funds Provided to investors on margin trading have to be

reduced

From the survey conducted, I found that interest rate on funds provided to

investors is more than other competitive firms. so company should take care of

this issue and try to have solution on this aspect which I felt more important.

Brokerage rate on trading have to be reduced. Even this one of the major factor

that has to be taken care of, because competitors are providing lesser

brokerage both Intraday and Delivery trading which satisfies customer who are

investing and trading frequently.

Tapping the high income groups


Company should focus on High-income groups and Level to be maintained.

They can better profit to the company and can increase the turnover of the

company.


ANNEXURE

Name:

Designation:

Company:

Date:

1. Do you have D-MAT account?

(a) Yes (b) No

2. If not, are you interested in TRADING?

(a) Yes (b) No

3. Are you aware of the Fullerton Securities?

(a) Yes ( b) No

If yes, then in which scheme of Fullerton Securities have you invested?

(a)…………… (b)……………. (c)……..….

4. Are you satisfied with the services being offered by the company?

(a) Yes (b) No


5. Any suggestions would you like to give for improvement?

(a)…………….

(b)…………….


Question About Investment

1. What is the Beta Factor? 2. What is the Buy Back Share? 3. What is The Security Pricing?

4. What is the portfolio and how it is Management?

5. What is the Demet?

6. How can find that the security is risk?

7. Why we open a Demit Account?

8. What is the Portfolio?

9. What is the Fullerton Future?

10.What is the Right Issue?


11. What is the Short Selling?

12. What is the spot Market?


BIBLIOGRAPHY

BOOKS PREFFERED:

Marketing Management- Philip Kotler

Marketing Management- Rajan Saxena

NEWS PAPERS:

THE ECONOMIC TIMES

THE TIMES OF INDI

WEBSITES:

www.google.com

http://www.google.com/


www.altavista.com

http://www.fullertonsecurities.co.in


http://www.altavista.com/

project report on equity

Documents

Transcript of project report on equity