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MBA is a stepping-stone to the management carrier and to develop goodmanager it is necessary that the theoretical must be supplemented withexposure to the real environment.Theoretical knowledge just provides the base and it’s not sufficient toproduce a good manager that’s why practical knowledge is needed.Therefore the research product is an essential requirement for the student of MBA. This research project not only helps the student to utilize his skillsproperly learn field realities but also provides a chance to the organization tofind out talent among the budding managers in the very beginning.In accordance with the requirement of MBA course I have summer trainingproject on the topic “Comparitive Analysis of Mutual funds and Ulips”. Themain objective of the research project was to study the two instruments andmake a detailed comparison of the two.For conducting the research project sample size of 50 customersof SBIMF and SBOP was selected. The information regarding the projectresearch was collected through the questionnaire formed by me which wasfilled by the customers there.