SUMMER TRAINING PROJECT REPORT

ON

DEMATE ACCOUNT OPENING PROCEDURE

AT

Karvy Stock Broking Ltd. (KSBL), Gwalior.

For the partial fulfillment of the requirement For The degree of

Master in Business Administration (MBA)

SUBMITTED TO:

School of management,

ITM University, Gwalior (MP)

SUBMITTED BY:

Mohit Pal

MBA IV Trimester

Batch: 2020-2022
 Declaration by the Candidate

I, hereby undertake that the project titled. Procedure of opening of demate account By
Karvy Stock Broking Ltd” has been undertaken by me and is an original project.

The findings of the study are based on the information collected by me during my summer
training.

Mohit Pal
MBA IV Trimester
School of management,
ITM University, Gwalior
 ACKNOWLEDGEMENT

I, Mohit pal, extend my sincere thanks to our vice chancellor Dr. S. S. Bhakar for providing
me a platform to perform, learn and implement.

My thanks to my parents, friends and all those who have helped me in the completion of this
project At the last, I would like to thank all those who helped me directly or indirectly on
this project.

Name of the candidate

Mohit Pal
MBA IV Trimester
School of management,
ITM University, Gwalior
 CHAPTER-1

1.1 COMPANY’S HISTORY IN INDIA

The KARVY group was formed in 1983 at Hyderabad, India. Karvy ranks among the top
player in almost all the field it operates. Karvy Computers shares Ltd is India’s largest Register
and Transfer Agent with a client base of nearly 500 blue chips corporate managing over 2 core
accounts. Karvy stock brokers Ltd, member of National stock Exchange of India. With over
6,00,000 active accounts, it ranks among the top 5 Depository Participated in India, registered
with NSDL and CDSL karvy COM trade, Member of NCDEX and MCX ranks among the top0
3 commodity brokers in the country. Karvy Insurance Brokers is registered as a Broker with
IRDA and ranks among the top 5 insurance agent in the country. Registered with AMFI as a
corporate Agent Karvy is also among the top Mutual fund mobilize with over Rs. 5,000 cores
under management. Karvy Realty Services, which started in 2006, has quick established itself
as broker who adds value, in the realty sector. Karvy global offers niche off shoring services to
client in the US.

Karvy has 575 offices over 375 locations across India overseas at Dubai and New York.
Over 9,000 high qualified people staff Karvy.
1.2 Karvy – Early Days:-
Karvy the name comes from the names of the directors:
 K- Mr. Krishna Prasad
 A-Mr. Arun
 R- Mr. Radha Krishna
 V- Mr. Venkat Krishna
 Y- Mr. Yogendar
The birth last of Karvy was on a modest scale in 1979. It began with the vision and
enterprise of a small group of practicing Chartered Accounts who founded the flagship
company. Karvy started with consulting and financial accounting and carved inroads into the
field of registry and share accounting by 1985. Since then, Karvy have utilized its
experiences and superlative enterprise to go from. Strength to Strength ….. To better its
services, to provide new ones, to innovative, diversity and the process, evolved karvy as one
of India’s premise integrated financial services enterprise.

1.3 COMPANY OVERVIEW

INTRODUCTION
The Karvy Group is today a well-diversified conglomerate. Its businesses straddle the entire
financial services spectrum as well as data processing and managing segments. Since most of
its financial services were retail focused, the need to build scale and skill in the transaction
processing domain became imperative. Also during stressed environment in the financial
services segment, the non-financial businesses bring in a lot of stability to the group’s
businesses.

Karvy’s financial services business is ranked among the top-5 in the country across its
business segments. The Group services over 70 million individual investors in various
capacities, and provides investor services to over 600 corporate houses. Karvy Group
established its presence through a wide network of over 450 branches, (or 900 offices)
covering in excess of 400 cities and towns.

Karvy covers the entire spectrum of financial services, viz stock broking, depository
participant, distribution of financial products (including mutual funds, bonds and fixed
deposits),  commodities broking, personal finance advisory services, merchant banking &
corporate finance, wealth management, NBFC (loans to individuals, micro and small
businesses),  Data management, Forex & currencies, Registrar & Transfer agents, Data
Analytics, Market Research among others.
Karvy prides itself on remaining customer centric as all times through a combination of
leading edge technology, Professional management and a wide network of offices across
India.

Karvy is committed to its quest as an Equal Opportunity Employer and believes in the rights
for differently-abled persons. We have over 12% employees who are challenged in some
form in one of our prominent businesses.

1.4 MISSION
An organization exists to accomplish something or achieve something. The mission
statement indicates what an organization wants to achieve. The mission statement may be
changed periodically to take advantage of new opportunities or respond to new market
conditions.

Karvy’s mission statement is “To Bring Industry, Finance and People together.”
 Karvy is work as intermediary between industry and people. Karvy work as investment
advisor and helps people to invest their money same way Karvy helps industry in achieving
finance from people by issuing shares, debentures, bonds, mutual funds, fixed deposits etc.

Company’s mission statement is clear and thoughtful which guide geographically dispersed
employees to work independently yet collectively towards achieving the organization’s
goals.
1.5 VISION
Company’s vision is crystal clear and mind frame very directed.”To be pioneering financial
services company. And continue to grow at a healthy pace, year after year, decade after
decade.” Company’s foray into IT-enabled services and internet business has provided an
opportunity to explore new frontiers and business solutions. To build a corporate that sets
benchmarks for others to follow.

1.6 KARVY BOARD OF DIRECTORS

CHAIRMAN & MD: Mr. C Parthasarathy

MD: Mr M Yugandhar
DIRECTOR: Mr. M.S. Ramakrishn

1.7 MARKET CAPTURE

KARVY is a legendary name in financial services, Karvy’s credit is defined by its mission to
succeed, passion for professionalism, excellent work ethics and customer centric values.
Today KARVY is well known as a premier financial services enterprise, offering a broad
spectrum of customized services to its clients, both corporate and retail. Services that
KARVY constantly upgrade and improve are because of company’s skill in leveraging
technology. Being one of the most techno-savvy organizations around helps company to
deliver even more cost effective financial solutions in the shortest possible time.

Karvy Stock Broking Limited

KARVY Stock Broking Limited, one of the cornerstones of the KARVY edifice, flows
freely towards attaining diverse goals of the customer through varied services. It creates a
plethora of opportunities for the customer by opening up investment vistas backed by
research-based advisory services. Here, growth knows no limits and success recognizes no
boundaries. Helping the customer create waves in his portfolio and empowering the investor
completely is the ultimate goal. KARVY Stock Broking Limited is a member of:

National Stock Exchange (NSE)

Bombay Stock Exchange (BSE)

Hyderabad Stock Exchange (HSE)

1.8 OUR COMPETITIVE ADVANTAGE

Every year with this picture keeping in mind ‘Karvy accelerate with Recovery, Revival and
Reappearance.’
Karvy has started 2004 on a strong note with the realization to signal some of the challenges
it faced previous year. In a competitive market and a branded business, Karvy need to
carefully manage itself to avoid down trading or brand shifts by consumers.
For Karvy, Aligarh branch was truly exhilarating because of:
  Successful implementation of a carefully crafted strategy.
 Excellence in execution.
 Immense learning enabling to set up a launch pad for revitalizing itself.

Strong meaningful relationships with Customers along with Strategic Partners in which
Karvy operate and above all, its own staff.
Karvy value and carefully nurture relationships with customers. Karvy truly believe that
more than technological prowess and business process innovations, it is the ‘focus on
relationships’ which has been the corner stone of satisfying and successful presence in India
over many years.
This has been possible with deep insight of consumer behavior as well as market demand
drivers, understanding of the arena where to operate and quality execution – all thanks to a
‘greater team’ that makes this happen.
Karvy’s customers consider themselves part of Karvy family and share their experiences and
dreams with other customers and thus Karvy becomes successful not only in relating
customers but also gains new customers from satisfied prevailing customers.
Karvy want to create a strong emotional bond with new customers promoted by prevailing
customers.

1.9 Karvy Values:

 Integrity
 Responsibility
 Reliability
 Unity
 Understanding
 Excellence
  Confidentiality

Karvy has adequate internal control systems and procedures commensurate with the size
nature of its business. These system and procedures provide reasonable assurance of
maintenance of proper accounting records, reliability of financial information, protection of
resources and safeguarding of assets against unauthorized use.

1.10 SEVICES OFFERED BY KARVY

 Stock broking
 Demat services
 Investment product distribution
 Investment advisory services
 Corporate finance & Merchant banking
 Insurance
 Mutual fund services
 IT enabled services
 Registrars & Transfer agents
 Loans

1. Stock Broking:
KARVY is working as Capital Market Intermediaries. Stockbrokers are regulated by SEBI
[Stock-brokers and Sub-brokers] Regulations, 1992. The stockbroker is a member of the
stock exchange. Stockbrokers are the intermediaries who are allowed to trade in securities on
the exchange of which they are members. They buy and sell on their own behalf as well as
on behalf of their clients.
Stockbrokers expand their business by engaging sub-broker. Sub-brokers mean “any person
not being a member of a stock exchange who acts on behalf of a stock broker as an agent or
otherwise for assisting the investors in buying, selling or dealing in securities through such
stock-brokers.”

2. Demat Services:
Karvy is a depository participant with the National Securities Depository Limited (NSDL)
for trading and settlement of dematerialized shares.
Depository Participants (DPs) are described as an agent of the depository. They are
intermediaries between the depository and the investors. The relationship between the DPs
and the depository is governed by an agreement made between the two under Depositories
Act.
A DP can offer depository-related services only after obtaining a certificate of registration
from SEBI.
Since Karvy is also in the broking business, investors who use Karvy’s depository services
get a dual benefit. They can use Karvy’s brokerage services to execute transactions and
Karvy’s depository services to settle them.

3. Investment Products Distribution:

Company is also concern with the distribution of investment products like
(a). Fixed Deposit
(b). Bonds
(c). IPO
KARVY is dealer of 34 fixed deposits of various types which includes fixed deposits of
Public Sector, Non Banking Finance Companies, Housing Finance Companies and
Manufacturing Companies.
Company is dealer of following Fixed Deposits
PUBLIC SECTOR
Sl. No. Company Name
1 HUDCO
2 Sardar Sarovar Narmada Nigam Ltd.
3 Tamilnadu Power Finance Corporation Ltd.
4 NTPC

NON BANKING FINANCE COMPANIES

Ashok Leyland Finance Ltd.
Bajaj Auto Finance Ltd.
Birla Home Finance Ltd.
Cholamandalam Investment & Finance Co. Ltd.
Escorts Finance Ltd.
First Leasing Company of India Ltd.
IDBI Suvidha
Nicco Uco Alliance Credit Ltd.

HOUSING FINANCE COMPANIES

Company Name
Can Fin Homes Ltd.
Dewan Housing Finance Corporation Ltd.
Gruh Finance Ltd.
HDFC Ltd.
PNB Housing Finance Ltd.
Sundaram Home Finance Ltd.

MANUFACTURING COMPANIES

Sl. No. Company Name

1. A P Paper Mills Ltd.
2. Amtek India Ltd.
3. Atul Ltd.
4. Ballarpur Industries Ltd.
 5. Chambal Fertilizers & Chemicals Ltd.
6. Escort Ltd.
7. Greaves Ltd.
8. Gujarat Alkalies & Chemicals Ltd.
9. Indian Express
10. Ind-Swift Ltd.
11. JK Industries Ltd.
12. Jindal Steel & Power Ltd.
13. Sound Craft Industries Ltd.
14. Supreme Industries Ltd.
15. Zuari Industries Ltd.

(b) Bonds:
Karvy is dealer of following bonds
RBI Saving Bonds
NHB
REC
(c) IPO:
Company is also provides services related to Initial Public Offer of company. Company provides
stationary at the time of IPO as well as provides information to investors regarding IPO and solves
their queries.

4. Investment Advisory Services:

This division provides portfolio management services to high net-worth individuals and
corporate. The expertise of Karvy in research and stock broking gives it the right perspective
to provide investment advisory services. Company provides advisory services to its clients.
Financial goal of each individual investor varies according to his dream, ambition and family
size and future financial planning for the children & old age pension for self and wife so
does the pathway to achieve it. Karvy apply the principles of Financial Planning as both
science & art, it understands the time horizon, risk bearing capacity and investment goals of
investors keeping in mind their psyche and financial needs. Based upon this Karvy helps
individual investors to plan their entire life up to retirement, Taxes, Insurance needs and
other important personal financial goals.
It designs portfolio for investor to invest their saving in various financial products like
shares, bonds, debentures, mutual funds, fixed deposits, insurance etc., Company design
portfolio by considering following factors.
 Investor’s requirement of getting money back,
 Investor’s willingness to take risk,
 Investor’s tax planning etc.

5. Corporate finance & Merchant banking:

Corporate finance is the financial activity of corporation. It deals with the firm's operations
with regard to investing and financing. It concerned with how firms raise capital and the
consequences of alternative methods of raising capital. Firm’s capital can be raised by
raising loans, issuing shares, and acquiring or merging with other businesses by public or
private companies.
Merchant banking is a financial intermediation that matches entities that need capital and
those that have capital. Hence they facilitate the flow of capital in the market.
Karvy enjoys SEBI category (I) authorization for Merchant Banking. Karvy offers the full
spectrum of Merchant Banking Services, beginning from identifying the best time for an
issue to final stage of marketing it, to harvest unparalleled success.
As a merchant banker Karvy offer following services:
 Issue management
 Instrument designing
 Pricing of the issue
 Registration process for the issue of shares
 Marketing efforts
 Final allotment to investors
 Listing details on stock exchanges
  Loan syndication
 Lease financing
 Corporate advisory services
 Underwriting
 Portfolio management

6. Insurance:
Karvy is also dealer of many private life insurance companies. At Jamnagar branch,
company is associated with dealing of following companies.
 ICICI Prudential Life Insurance
 HDFC Life Insurance
 TATA AIG Life Insurance

7. Mutual Fund Services:

Since its inception in 1982, Karvy has demonstrated a dedication coupled with dynamism
that has inspired trust from various segments – corporate, government bodies and
individuals. Karvy has since been performing a pivotal role as the intermediary – the
interface – between these players.
With Mutual Funds emerging as a distinct asset class, Karvy has made a strategic choice to
leverage the power of latest technology to provide a cutting edge to its services. Karvy,
today, service nearly 80% of the asset management companies (AMCs) across an extensive
network of service centers with assets under service in excess of Rs.10,000 crores.
Karvy's ability to mass customize and offer a diverse range of products for a diverse range of
customers has helped mutual fund companies to uniquely position themselves in the market
place. These diverse range of services cut across multiple delivery channels – service
centers, web, mobile phones, call center – has brought home the benefits of technology to
investors, distributors, and the mutual funds.
Going forward, Karvy shall strive to create new products and services, which would address
the needs of the end customer. Company’s single minded focus in delivering products for
customers has given it the distinguished position of being the preferred provider of financial
services in the country.
List of Mutual Fund Clients of KARVY:
 Alliance Mutual Fund
 Birla Mutual Fund
 Bank of Baroda Mutual Fund
 Can Bank Mutual Fund
 Chola Mutual Fund
 Deutsche Mutual Fund
 DSP Merrill Lynch Mutual Fund
 Franklin Templeton Investments
 GIC Mutual Fund
 HDFC Mutual Fund
 HSBC Mutual Fund
 IL & FS Mutual Fund
 JM Mutual Fund
 Kotak Mutual Fund
 LIC Mutual Fund
 Punjab National Bank Mutual Fund
 Prudential ICICI Mutual Fund
 Principal Mutual Fund
 Reliance Mutual Fund
 State Bank of India Mutual Fund
 Standard Chartered Mutual Fund
 Sundaram Mutual Fund
 SUN F&C Mutual Fund
 Tata Mutual Fund

8. Income Tax enabled services:

 Karvy has been started this service since March, 2004. Karvy is work as TIN Facilitation
Centre it provides following IT enabled services.
 Distribution of PAN Card.
 Distribution of TAN Card.
 Services related to e-TDS.
Karvy work as an intermediary between NSDL and IT payers. Karvy provides various form
for different IT enabled services and guide people to fill that forms. It also solves queries of
the tax payers. It also distributes PAN and TAN card to the tax payers.

9. Registrars & Transfer agents:

In 1985, Karvy entered the Registrar and Share Transfer Business to create a market niche in
the competitive field of financial services. In 1994-95, it reached a milestone when it
processed 104 Public Issues constituting 46 per cent market share. Now in its second decade
of existence, Karvy is the leader in the industry: In an opinion poll conducted by an
independent market research agency - MARG, Karvy has been rated as India’s Most
Admired Registrar on various parameters: -
Overall Excellence.
Handling of Volumes
Timely Dispatch
Quality Management and Technological Up gradation.
A SEBI Category 1 Registrar, So far, Karvy has handled over 675 ISSUES as Registrars to
public issues processed over 52 million applications and is servicing over 16 million
investors from various locations spread over 205 clients.

10. Loan:
Karvy has recently started this service at selected branches of metro cities. This service has
not been started in Saurashtra-Kucch region. Karvy provides loans for following.
Vehicle Loan
Home Loan
Personal Loan
1.11 MARKETING STRATEGY OF KARVY
Market Positioning:
Market positioning statements of Karvy are “At Karvy we give you single window service”
and “We also ensure your comfort”.
So, Karvy focus on the consumers who prefer almost all investment activities at same place
by providing number of various financial services. At Karvy a person can purchase or sell
shares, debentures etc. and at the same place also demat it. Karvy also provides other
investment option to the same person at same place like Mutual Fund, Insurance, Fixed
Deposit, and Bonds etc. and help the person in designing his portfolio. By this way Karvy
provides comfort to its customers.
Karvy is also positioned according to Ries and Trout. Karvy is promoted as a no. 1
investment product distributor and R & T agent of India.

Target Market:
Karvy uses demographic segmentation strategy and segment people based on their
occupation. Karvy uses selective specialization strategy for market targeting. Target person
for the Karvy Stock Broking and Karvy Investment Service are persons who can work as
sub-broker for the companies. Companies focus on Advisors of Insurance and post office,
Tax consultants and CAs for making sub-broker.

Marketing channel System:

Karvy uses one level marketing channel for investment product distribution. Sub-brokers
work as intermediary between consumer and company. Company has both forward and
backward flow of activity through channel. Company distributes stationery, brokerage, and
information forward to its sub-broker. The sub-brokers send filled forms, queries, amount of
investment etc. back to the company.
Training Channel Members:
Karvy provides training to the sub-brokers because they will be viewed as the company by
the investors. The executives of Karvy explain various new schemes of investment to the
sub-brokers with its objective, risk factors and expected return. Company also periodically
arrange seminar to guide sub-brokers.

Advertising and Promotion:

The objective of advertising of Karvy is to create awareness about services of Karvy among
investors and sub-brokers and increase sub-brokers of Karvy.
Company doesn’t give advertisement in media like TV, Newspapers, and Magazines etc.
Karvy’s advertisement is made indirectly by the companies associate with it. Karvy is R & T
agent of around 700 companies. They publish name, address and logo of Karvy on their
annual report.
Karvy also publish its weekly Stock Market Newsletter ‘Karvy Bazaar Baatein’ and monthly
magazine ‘The Finapolis’ to guide investors and sub-brokers about market
 CHAPTER – 2

2.1 SWOT ANALYSIS

 Strengths
 Services: As products of Karvy stock broking are extremely innovative product with very
less cost services like online trading facility, institutional and domestic broking, customized
research reports with almost 80% efficiency etc give them an edge over its competitors.
 Exposure updating tie-ups with leading banks
 Well diverse Investment portfolio

 Weaknesses
 It should have its own mutual funds as it provides advises on mutual funds
 Position to answer the question of the clients in their fields.
 It does not provide indices on major world markets, ADR Prices of Indian Scripts.
 Lacks Banking arm.

 Opportunities
 ATM facility should be provided for easy withdrawals.
 Tie-ups with third party companies for selling products.
 High client base will help for cross sales of its products.

 Threats
 Companies like Sher khan, ICICI Direct, Kotak Securities and Private brokers are major
threats.
 Banks with Demat facilities are jockeying for position.
 Local brokers capable of charging lower brokerage.
 CHAPTER – 3

DEMATE ACCOUNT OPENING PROCEDURE

3.1 INTRODUCTION OF DEMAT ACCOUNT

Dematerialized account number is quoted for all transactions to enable electronic settlements
of trades to take place. Every shareholder will have a Dematerialized account for the purpose
of transacting.
Access to the Dematerialized account requires an internet password and a transaction
password. Transfers or purchases of securities can then be initiated. Purchases and sales of
securities on the Dematerialized account are automatically made once transactions are
confirmed and completed.
 3.2 Documents required for Demat account
To open a Demat account you have to provide documents which fulfill the requirements of
KYC (Know Your Customer) norms. You have to sign a contract with Stock broker.
Generally the documents are:

 PAN (compulsory)
 Bank statement (last 3 months)
 Address proof
 Income Tax Return
 Two colour photos
 Bank cheque
 KYC details
 Aadhar Card

3.3 Benefits of Demat system

The benefits of demat are as follows:

 Easy and convenient way to hold securities
 Immediate transfer of securities
 No stamp duty on transfer of securities
 Safer than paper-shares (earlier risks associated with physical certificates such as bad
delivery, fake securities, delays, thefts etc. are mostly eliminated)
 Reduced paperwork for transfer of securities
 Reduced transaction cost
 No "odd lot" problem: even one share can be sold
 Change in address recorded with a Depository participant (DP) gets registered with all
companies in which investor holds securities eliminating the need to correspond with each of
them separately.
 Transmission of securities is done by DP, eliminating the need for notifying companies.
 Automatic credit into demat account for shares arising out of bonus/split,
consolidation/merger, etc.
 A single demat account can hold investments in both equity and debt instruments.
 Traders can work from anywhere (e.g. even from home).

3.4 Benefit to the company

The depository system helps in reducing the cost of new issues due to lower printing and
distribution costs. It increases the efficiency the registrars and transfer agents and the
secretarial department of a company. It provides better facilities for communication and
timely service to shareholders and investors.
Benefit to the investor : The depository system reduces risks involved in holding physical
certificates, e.g., loss, theft, mutilation, forgery, etc. It ensures transfer settlements and
reduces delay in registration of shares. It ensures faster communication to investors. It helps
avoid bad delivery problems due to signature differences, etc. It ensures faster payment on
sale of shares. No stamp duty is paid on transfer of shares. It provides more acceptability and
liquidity of securities.

3.5 Benefits to brokers

It reduces risks of delayed settlement. It ensures greater profit due to increase in volume of
trading. It eliminates chances of forgery or bad delivery. It increases overall trading
and profitability. It increases confidence in their investors.

3.6 Disadvantages of Demat

 Trading in securities may become uncontrolled in case of dematerialized securities.
 It is incumbent upon the capital market regulator to keep a close watch on the trading in
dematerialized securities and see to it that trading does not act as a detriment to investors.
 For dematerialized securities, the role of key market players such as stock-brokers needs to
be supervised as they have the capability of manipulating the market.
 Multiple regulatory frameworks have to be conformed to, including the Depositories Act,
Regulations and the various Bye-Laws of various depositories.
 Agreements are entered at various levels in the process of dematerialization. These may
cause worries to the investor desirous of simplicity.
 There is no provision to close a demat account, which is having illiquid shares. The investor
cannot close the account and he and his successors have to go on paying the charges to the
participant, like annual folio charges etc..
 After liquidating the holdings, many Indian investors don't close their dp account. They are
unaware that DPs charge even on dormant accounts.

3.7 Transfer of Shares between (depository participant) DPs

To transfer shares, an investor has to fill one of two kinds of Depository Instruction Slip
(DIS). The first check made is whether both Demat accounts are at the same depository.
There are two depositories: (CDSL (Central Depository Service (India) Limited) and NSDL
National Securities Depository Limited)). If both demat accounts are not at the same
depository, then an Inter Depository Slip (Inter DIS) has to be filled and submitted.

For example:
If there is one Demat account with CDSL and the other Demat account with NSDL, then an
Inter-DIS is needed. (In case the investor needs an Inter-DIS, the investor should check with
the broker, since brokers usually issue an Inter-DIS).
Now that the correct DIS has been determined, information pertaining to the transfer
transaction has to be entered: scrip name, INE number, quantity in words and figures.
Finally, the investor should submit that DIS to the broker with signatures.
The transfer broker shall accept that DIS in duplicate and acknowledge receipt of DIS on
duplicate copy.
 The investor should submit the DIS when the market is open. Accordingly, date of submission
of DIS and date of execution of DIS can be same or a difference of one day is also
acceptable. The investor also has to pay the broker some charges for the transfer.

 
 CHAPTER – 4

4.1 CONCLUSION

1. In the study there is a general lack of complete knowledge about mutual funds.
2. A mutual fund brings together and it’ll make a group of people and invest their money in
stock, bonds, and other securities.
3. The advantage of mutual funds professional management, diversification, low cost
regulatory oversight and liquidity.
4. The disadvantages of mutual funds are no guarantees, fees and commission, possible tax
consequence, and the inability of management to guarantee a superior return.
 5. In this report here we can say that there is a lack of knowledge towards the mutual funds in
stock market.
6. Most of the investors thought that mutual funds are one-way ticket to a jackpot but it is not
so……

STUDENTS PERFORMANCE EVALUATION FORM

(To be filled by Industry Guide)

Name of Student: Mohit Pal

Duration for Summer Training: 13/08/2021 to 20/09/2021
Department: Marketing
Course: MBA
Batch: (2020-2021)
You are requested to give your valuable feedback on following parameters on a scale of 1 to
5 where 1 indicates the strongly disagree for the statement and 5 indicates for maximum
agreement for the student’s performance who has undergone training in your valuable
guidance.

Regularity and Punctuality during training

1 2 3 4 5

Openness for Learning and Acceptability of task allotted

1 2 3 4 5

Able to work in team

1 2 3 4 5

Behavior in the Organization

1 2 3 4 5

Quality in work allotted

1 2 3 4 5

Any other observation

…………………………………………………………………………………………………
…………………………………………………………………………………………………
…………………………………………………………………………………………………
………………

Date:
Place:

Name and Signature of Industry Guide

UNDERTAKING FOR THE SUBMISSION OF TRAINING CERTIFICATE

To,
The Training and Placement Officer
ITM University Gwalior

Sub: Undertaking for the submission of training certificate

Respected Sir/ Ma’am
With reference to the above cited subject kindly note that I have not received my summer
Training certificate from the organization . Kindly note that I will submit my Certificate on
 or before ……………………………. .failing to which Training and Placement department
have full authority to cancel my summer training.

Kindly consider and Oblige.

Thanks and Regards,

Date:
Yours Sincerely
Mohit Pal
MBA IV Trimester
School of management,
ITM University, Gwalior

STUDENT EVALUATION FORM FOR FACULTY GUIDE

Name of the Student: Mohit Pal

Course: MBA
Specialization: Finance & Marketing
Batch: (2020-2022)
Date and Day when student reported first time:
Kindly give feedback for the following points
1. Whether the student have reported before he/she proceeded for summer training .
 a. YES
b. NO

2. Whether the Student get the approval for Topic of Summer Training
a. YES
b. NO

3. Kindly mark the performance of the student for following Parameters on a scale of 1 to 5

a. Regularity and Punctuality during training including reporting and submission of Weekly
wok report

1 2 3 4 5
b. Openness for Learning and Acceptability of task allotted

1 2 3 4 5

c. Able to work in team

1 2 3 4 5

d. Behavior

1 2 3 4 5

e. Quality in work allotted

1 2 3 4 5

Overall Remark on Student performance

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Date:
Place:

Name and Signature of Faculty Guide