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Project Report: ON Reliance Mutual Fund
Project Report: ON Reliance Mutual Fund
ON
RELIANCE MUTUAL FUND
SUBMITTED FOR THE PARTIAL FULFILLMENT OF
MASTER OF BUSINESS ADMINISTRATION
(INDUSTRY INTEGRATED)
TO
MADURAI KAMARAJ UNIVERSITY
UNDER GUIDANCE OF :
Ms. SRISHTI SHARMA
SUBMITTED BY
PRAVEEN KUMAR
M.B.A (2nd Semester)
A8750123
rbs
RAI BUSINESS SCHOOL
MADURAI KAMARAJ UNIVERSITY,BHOPAL
YEAR : 2008-2010
PREFACE
The successful completion of this project was a unique
experience for me because by visiting many place and
interacting various person ,I achieved a better
knowledge about sales . The experience which I gained
by doing this project was essential at this turning point
of my carrer this project is being submitted which
content detailed analysis of the research under taken by
me.
The research provides an opportunity to the student to
devote his/her skills knowledge and competencies
required during the technical session.
The research is on the topic Reliance mutual Fund
ACKNOWLEDGEMENT
I would like to express my appreciation and gratitude to
various people who have shared their valuable time and
made possible this project ,through their direct indirect
cooperation .
My honourable Mam Mrs. Swati Tiwari (HOD) and
Mrs. Srishti Sharma (Faculty)Rai business School
BHOPAL ,for allowing me to work on this project and
provide necessary help.
I thank my respected faculties ,dear friend &
colleagues ,who help me in every possible ways , support
me and encouraged me to explore new dimensions.
PRAVEEN KUMAR
MBA 2nd Semester
Rai Business School
Bhopal
CERTIFICATE
This to certify that Ms. PRAVEEN KUMAR,M.B.A II
Semester ,Rai Business School BHOPAL,Madurai
Kamaraj University has done project on Reliance
Money and has successfully completed his project on
Reliance Mutual Fund
This report is completed under my supervision .It is
only for academic purpose and is a bonafide work done
by researcher .
Project Guide
Mrs. Srishti Sharma
FACULTY
Rai Business School,BHOPAL
DECLARATION
4
PRAVEEN KUMAR
MBA 2nd semester
Rai business School
Bhopal
CONTENTS
INTRODUCTION
2. COMPANY PROFILE
3. COMPETITORS OF RELIANCE MONEY
4. NEED FOR THE STUDY
5. OBJECTIVES OF THE STUDY
6. RESEARCH METHDOLOGY
7. DATA ANALYSIS AND INTERPRETATION
8. OBSERVATION
9. FINDINGS AND SUGGESTION
10.CONCLUSION
11.LIMITATION
12.BIBLIOGRAPHY
1.
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INTRODUCTION
INTRODUCTION
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HISTORY
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10
By Structure
o Open - Ended Schemes
o Close - Ended Schemes
o Interval Schemes
By Investment Objective
o Growth Schemes
o Income Schemes
o Balanced Schemes
o Money Market Schemes
Other Schemes
o Tax Saving Schemes
o Special Schemes
Index Schemes
Sector Specfic
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Diversification
The nuclear weapon in your arsenal for your fight
against Risk. It simply means that you must spread your
investment across different securities (stocks, bonds,
money market instruments, real estate, fixed deposits etc.)
and different sectors (auto, textile, information technology
etc.).
Tax Benefits
Any income distributed after March 31, 2002 will be
subject to tax in the assessment of all Unit holders.
However, as a measure of concession to Unit holders of
open-ended equity-oriented funds, income distributions for
the year ending March 31, 2003, will be taxed at a
concessional rate of 10.5%.
Regulations
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14
COMPANY PROFILE OF
RELIANCE
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my vision.
Only when you can dream it, you can do it."
Dhirubhai Ambani founded Reliance as a textile company
and led its evolution as a global leader in the materials and
energy value chain businesses.
He is credited to have brought about the equity cult in India
in the late seventies and is regarded as an icon for
enterprise in India. He epitomized the spirit 'dare to dream
and learn to excel'.
The Reliance Group is a living testimony to his indomitable
will, single-minded dedication and an unrelenting
commitment to his goals.
RELIANCE MUTUAL FUND
This groupdominates this key areain the financial
sector..This megabusiness houses
show that it has
assetsunder management ofRs. 90,938 crore(US$ 22.73
billion) andan investor base of over6.6 million
(Source:www.amfiindia.com).Reliances
mutual
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fundschemes
are
managed
byReliance
Capital
AssetManagement LimitedRCAM), a subsidiary of
Reliance Capital Limited,which holds 93.37% ofthe paidup capitalof RCAM.
The company notchedup a healthy
growth ofRs. 16,354 crore(US$ 4.09 billion)in assets under
management in February2008 and helped propelthe total
industry-wideAUM to Rs. 565,459 crore (US$ 141.36
billion)(Source: indiainvestments.com). A sharp rise infixed
maturity plans (FMPs) and collection ofRs. 7000 crore
(US$ 1.75 billion) through newfund offers (NFOs) created
this surge. In AUrankings, Reliance continues to be in
thenumber one spot.
Vision
And
Mission
Schemes
To make their packages more attractive, Reliance Mutual
Fund created proposals called The Equity/ Growth scheme,
Debt/Income Scheme, and Sector Specific Scheme.
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i.
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HEALTH:
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Energy Excellence:
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Quality:
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Six-Sigma:
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Information Technology:
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Achievements
In two successive joint surveys by The Economic Times
Brand Equity andACNielsen, Reliance was recognised as
Indias Most Trusted Mutual Fund.Thecompanyalsowalked
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Online Mutual funds investment allows investor to invest online in around 19 Mutual Fund companies. ICICI Direct
offers various options while investing in Mutual Funds like
Purchase Mutual Fund, Redemption and switch between
different schemes, Systematic Investment plans, Systematic
withdrawal plan and transferring existing Mutual Funds in to
electronic mode. This account also provides facility to invest
in Government of India Bonds and ICICI Bank Tax
Saving
Bonds.
ICICIDirect.com website is the primary tool to invest in
Mutual Funds, IPOs, Bonds and stock trading.
Reliance Money
Tax Saving funds Reliance Money:
Tax-saving funds (due to their equity-oriented
nature) are capable of clocking far superior returns their
assured return counterparts like National Savings
Certificate (NSC) and Public Provident Fund (PPF).
However investors must appreciate that the risk profile of
tax-saving funds tends to be proportionately higher.
Reliance Tax Saver (ELSS) Fund (RTSF) is the latest
entrant in the tax-saving funds segment. Flagship
diversified equity funds (Reliance Growth Fund and
Reliance Equity Fund) from Reliance Mutual Fund have
emerged as top performers in their segment across time
horizons. However investors should note that these funds
are managed aggressively; also they have displayed an
opportunistic streak by moving fluidly across market
segments (large caps, mid caps) to clock superior growth.
RTSF is likely to be a similar (high risk - high return)
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OBJECTIVE
To give a brief idea about the benefits available from
mutual Fund investment.
To give an idea of the types of schemes available.
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RESEARCH METHODOLOGY
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TYPES OF RESEARCH
ANALYTICAL RESERCH
In this project work, analytical research is used. In this
project has to use facts or information .Already used
available ,and analyze these to make a critical evolution of
the material.
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TOOLS OF ANALYSIS
For the proper analysis of data Quantitative Technique
such as percentage method was used.
Fund ?
Co mpany Name
Reliance Money
HDFC
ICICI
Persentages of respondents
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10
15
25
20
15
10
5
0
Reliance
HDFC
ICICI
Percentage of respondent
Reliance
22
45
HDFC
21
ICICI
25
20
15
10
5
0
RELIANCE
HDFC
ICICI
INTERPRETATION:
44% respondent for Reliance,32 %forHdfc,14% for ICICI
20
HDFC
15
46
ICICI
15
20
15
10
5
0
Reliance
HDFC
ICICI
INTERPRETATION:
40% respondent for Reliance,30 %forHdfc,30% for ICICI
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Reliance
18
HDFC
16
ICICI
16
18
17.5
17
16.5
16
15.5
15
Reliance
HDFC
ICICI
INTERPRETATION:
36% respondent for Reliance,32%forHdfc,32% for ICICI
22
HDFC
15
48
ICICI
13
25
20
15
10
5
0
Reliance
HDFC
ICICI
INTERPRETATION:
44% respondent for Reliance,30%forHdfc,26% for ICICI
ICICI
Represent
by pie chart
29%
Reliance
41%
HDFC
30%
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OBSERVATION
50% of respondent have Reliance Money , 30% of
respondent says that other%.
SUGGESTION
Reliance Money have to add some extra features in it
with aggressive marketing promotional strategy.
Advertisement on television is the main source of
attraction so the company must advertise its products
heavily.
Product must be improved .
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CONCLUSION
Mutual Fund investment is better than other raising fund .
Reliance Mutual Fund have good returns in investment .
A good brand is always welcomed over here people are
more aware and conscious for the brand so they go for they
are ready to spend some extra bucks for the quality .
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Limitations
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BIBLIOGRAPHY
Websites:
www.reliancemoney.com
www.hdfc.com
www.icicidirect.com
Referencebooks:
FINANCIAL INSTITUTIONS AND MARKETS 55
L.M.BHOLE
INVESTMENT MANAGEMENT - V.K.BHALLA
Research Methodology - Kothari
QUESTIONNAIR
Q.1 Which banking mutual fund do you prefer for mutual
Fund ?
Reliance Money
HDFC
ICICI
Q.2 Which banking mutual fund offer you good
investment plan?
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Reliance Money
HDFC
ICICI
Q.3
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