Top Banner
SUMMER TRAINING PROJECT REPORT ON “OVERALL ANALYSIS OF VARIOUS MUTUAL FUNDS,DEMAT ACCOUNT AND LIFE INSURANCE POLICIES OF RELIANCE MONEY, MORADABAD” SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE MASTER’S DEGREE IN BUSINESS ADMINISTRATION OF UTTARAKHAND TECHNICAL UNIVERSITY, DEHRADUN SUBMITTED TO: INTERNAL GUIDE EXTERNAL GUIDE Name : M Ne!"#"$a B"%a Name:M Pa&a' A(a)%a' De"(*a$"+*: Le$-)e) De"(*a$"+*: Ce*$)e Ma*a(e) IMS C+m.a*& Name: Re'"a*e M+*e& De/)a#-* L+a$"+*: M+)a#a!a# SUBMITTED BY:  NAVEEN CHANDR A JOSHI (MB08037) INSTITUTE OF MANAGEMENT STUDIES0DEHRADUN BATCH 122301242 1
96

Analyss of Mutual Fund and Life Insurance

Jun 04, 2018

Download

Documents

Samuel Davis
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 1/96

SUMMER TRAINING PROJECT REPORT

ON

“OVERALL ANALYSIS OF VARIOUS MUTUALFUNDS,DEMAT ACCOUNT AND LIFE INSURANCE

POLICIES OF RELIANCE MONEY, MORADABAD”

SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR

THE MASTER’S DEGREE IN BUSINESS ADMINISTRATION

OF

UTTARAKHAND TECHNICAL UNIVERSITY, DEHRADUN

SUBMITTED TO:

INTERNAL GUIDE EXTERNAL GUIDE

Name: M Ne!"#"$a B"%a Name:M Pa&a' A(a)%a'

De"(*a$"+*: Le$-)e) De"(*a$"+*: Ce*$)e Ma*a(e)

IMS C+m.a*& Name: Re'"a*e M+*e&De/)a#-* L+a$"+*: M+)a#a!a#

SUBMITTED BY:

 NAVEEN CHANDRA JOSHI

(MB08037)

INSTITUTE OF MANAGEMENT STUDIES0DEHRADUN

BATCH 122301242

1

Page 2: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 2/96

ACKNO5LEDGEMENT

In c!"#$%&n' ! "*$c%+ I ,! -$ .%/n,%$ % ,-$ %$ R$1/#% . ,n $2%$n1&-$

 1/-$ 1$ ",%&c&",n%1 ..$$4 1/''$1%&n1 5,1$4 n %$& ,c%/,# /1$ . "4/c%6

 M .&1% ,""$c&,%&n ,n4 %,n1 '$1 %

C'-$e) Ma*a(e)

  Ce*$)e Ma*a(e)

Em.'+&ee +6 )e'"a*e m+*e&

T$ ,-$ '&-$n %$& "$c&/1 %&!$ &n , -$ "#&%$ ,n4 c "$,%&-$ !,nn$ . !

 &n%$n1&" ,n4 %$ "*$c%6

In %$ c,&n I ,! ,#1 &!!$n1$# %,n./# % ! 1/!!$ &n%$n1&" '/&4$

M7 Pa&a' A(a)%a', Ce*$e) Ma*a(e) Re'"a*e M+*e&, De/)a#-* ,n4 ! &n%$n,# '/&4$ M7

Ne!"#"$a B"%a 8Le$-)e), IMS0De/)a#-*9+ . %$& $n#&'%$n&n' '/&4,nc$ ,n4 cn1%,n%

&n1"&,%&n ,n4 $$n &n%$$1%1 1n 4/&n' ! 1/!!$ &n%$n1&" ,n4 &n "$",&n' . ! "*$c%6

I 4$#&5$,%$# "./n4 ! ',%&%/4$ % $6

  NAVEEN CHANDRA JOSHI

2

Page 3: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 3/96

CERTIFICATE

I ,-$ %$ "#$,1/$ &n c$%&.&n' %,% M6 NAVEEN CHANDRA JOSHI &1 , 5n,.&4$ 1%/4$n% .

MBA IIn4 S$!$1%$ . %$ M,1%$’1 D$'$$ &n B/1&n$11 A4!&n&1%,%&n (B,%c0089:0). In1%&%/%$

. M,n,'$!$n% S%/4&$1+ D$,4/n /n4$ U%%,,,n4 Un&-$1&% R## N6 MB232;

H$;S$ ,1 c!"#$%$4 &1 "*$c% $n%&%#$#$4 OVERALL ANALYSIS OF VARIOUS

MUTUAL FUNDS, DEMAT ACCOUNT, AND LIFE INSURANCE POLICY OF

RELIANCE MONEY /n4$ ! '/&4,nc$6

I c$%&. %,% %&1 &1 &1 &'&n,# $..% < ,1 n% 5$$n c"&$4 .! ,n %$ 1/c$6 T&1 "*$c%

,1 ,#1 n% 5$$n 1/5!&%%$4 &n ,n %$ In1%&%/%$ ; Un&-$1&% . %$ "/"1$ . ,,4 . ,n

D$'$$6

T&1 "*$c% ./#.&#1 %$ $=/&$!$n% . %$ c/&c/#/! "$1c&5$4 5 %&1 In1%&%/%$ . %$ 1,&4

c/1$6 I $c!!$n4 %&1 "*$c% . $-,#/,%&n < cn1&4$,%&n . %$ ,,4 . D$'$$ %

%$ 1%/4$n%6

S"(*a$-)e > ??????????????

Name +6 $/e G-"#e > N$5&4&%, B&1,1

De"(*a$"+* :

Da$e > ??????????????

3

Page 4: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 4/96

COMPANY CERTIFICATE

4

Page 5: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 5/96

E<e-$"=e -mma)&

@&% ',%&%/4$ % ,#!&'% I %,n %&1 ""%/n&% % "$n 4n ! $2"$&$nc$ 4/&n'

%$ $2$c/%&n . 1/!!$ %,&n&n' ,n4 "$1$n%&n' %$ "*$c% $"%6 T$ "*$c% &1 %$

 ",% . ! ",%&,# ./#.&#!$n% . ! MBA c/&c/#/!6

A1 RELIANCE &1 4&n' 1"#$n4&4# $## &n %$ 1$c% . MUTUAL FUNDS+ DMAT

ACCOUNT+ LIFE INSURANCE 5/% 1%,&n' c!"$%&%&-$ &n %4,’1 4n,!&c 5/1&n$11

$n-&n!$n% !$,n1 .&n4&n' n$ ,1 % $4/c$ c1% &#$ !,2&!&&n' %$ -,#/$

. / $1/c$16

I % %$ $1"n1&5&#&% % 1$## %$ -,&/1 .&n,nc&,# "4/c%1 #&$ MUTUAL FUNDS+ DMAT

ACCOUNT+ LIFE INSURANCE ..$$4 5 $#&,nc$ !n$6

A.%$ /n4$'&n' %$ %,&n&n' ,5/% %$ "4/c% ,n4 "$,%&n,# .$,%/$1 I 1%,%$4

$2"#&n' %$ "4/c% ,n4 cn%,c%$4 %$ "1"$c%&-$ c/1%!$ 5 , . %$#$ c,##&n'+

$9!,&#1+ c",%$ "$1$n%,%&n+ ! "&!, ,&! ,1 % '&-$ 5$%%$ "%&n1 % %$

 "1"$c%&-$ c/1%!$1 5 ..$&n' %$! "4/c%1 1"$c&,#&$4 .$,%/$1 < &%1 /n&=/$

Inc!",,5#$ =/,#&%&$1 &n %$ 1$-&c$1 "-&4$4 5 R$#&,nc$ Mn$ &n MUTUAL

  FUNDS+ DMAT ACCOUNT+ LIFE INSURANCE6 

5

Page 6: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 6/96

Ta!'e +6 C+*$e*$

S)7 N+7  De$a"' Pa(e N+7 

: In%4/c%&n ,5/% %$ &n4/1%

In%4/c%&n ,5/% %$ c!",n :

3 S@OT An,#1&1

D$!,% Acc/n% 33

M/%/,# F/n4 38

In1/,nc$1

7 S%,%$'&$1 7

8 Ac&$-$!$n%1 7

R$1$,c M$%4#' 7

:0 L$,n&n' ,n4 $2"$&$nc$1 80

:: F&n4&n' ,n4 ,n,#1&1 83

: L&!&%,%&n1 8

:3 Cnc#/1&n

: R$c!!$n4,%&n1

: B&5#&',"

: Ann$2/$ 7

6

Page 7: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 7/96

TABLE OF FIGURES

S)7 N+7  De$a"' Pa(e N+7 

: F&'/$ :(,) 77

F&'/$ :(5) 78

3 F&'/$ :(c) 78

F&'/$ :(4) 7

F&'/$ : 8

F&'/$ 8

7 F&'/$ 3 8

8 F&'/$ 87

F&'/$ 88

7

Page 8: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 8/96

 INTRODUCTION 

8

Page 9: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 9/96

ABOUT THE INDUSTRY

T$ In4&,n .&n,nc&,# 1$c% &1 n , ##6 D&-$n 5 , 1%n' &n-$1% &n%$$1% ,n4 ,n $2",n4&n'

!,$%+ %$ In4&,n 1%c !,$% 1$ % $c4 #$-$#1+ &% %$ ""/#, 1$n1$2 c11&n' :+000 ,n4

 N&.% c11$4 %$ +000 !, . %$ .&1% %&!$6

T$ &n4/1% ,1 ,#1 5$c!&n' !$ -&5,n%+ &% n$ %"$1 . "4/c%1 ,n4 1$-&c$1 5$&n'

..$$4 % !$$% %$ n$$41 . %$ 5!&n' $cn!6 F $2,!"#$+ &n %$ 4$&-,%&-$1 !,$%+ %$

n%&n,# "&nc&",# ,!/n% /%1%,n4&n' ,1 !$ %,n %$5#$4 5$%$$n M,c 00 ,n4 J/n$ 007

% US 60 5&##&n .! US 683 5&##&n6

T$ 5/,nc &n %$ $cn! ,1 ,#1 $1%&!,%$4 % #$,4 % , ./9.#4 &nc$,1$ &n In4&,1

&n-$1%,5#$ $,#% .! US 0 5&##&n &n 007 % US : %&##&n6 S&!/#%,n$/1#+ ,cc4&n' % ,

$"% 5 C#&$n%+ ,n &n%$n,%&n,# cn1/#%,nc .&!+ In4&,1 $,#% !,n,'$!$n% &## &1$ % ,n

$1%&!,%$4 !&##&n 5 0: .! ,5/% :3 !&##&n &n 0076

C#$,#+ %$$ &1 /'$ "%$n%&,# &n %&1 1$'!$n%6 S&'n&.&c,n%#+ $,#% !,n,'$!$n% $-$n/$1 ,$

$2"$c%$4 % ,cc/n% . 3937 "$ c$n% . %$ %%,# ./##91$-&c$ .&n,nc&,# &n1%&%/%&n1 5 0:6 T$

!,$% &1 ,#1 $2"$c%$4 % /n4$' , 1%/c%/,# %,n1.!,%&n &% ',n&$4 "#,$1 &nc$,1&n'

%$& !,$% 1,$6

S$+> Ma)>e$

T$ $, 007 1, In4&,n 1%c !,$%1 1c,#&n' n$ "$,16 I% ,1 $!$'$4 ,1 %$ %&4 5$1%

 "$.!&n' !,$% &n %$ #4 &% , 4##, $%/n . 7:63 "$ c$n%6 T$ ""/#, B!5, S%c

E2c,n'$ (BSE) 5$nc!, &n4$2+ 1$n1$2+ ,#1 "1%$4 &%1 &'$1% $-$ ,51#/%$ ',&n . 00

 "&n%1 &n -$ % 4$c,4$16

T&1 "$.!,nc$ . In4&,n 1%c !,$%1 ,1 #$4 % %$ %%,# &n-$1% $,#% . B!5, S%c

E2c,n'$ (BSE) 1/'&n' % , $c4 &' . -$ US :67 %&##&n+ &% ,n ,-$,'$ &nc$,1$ . -$

9

Page 10: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 10/96

US :06:8 !&##&n &n $-$ !&n/%$ . %,4&n' 4/&n' 0076 A% %$ $n4 . 00+ %$ %%,# !,$%

c,"&%,#&,%&n 1%4 ,% US 8: 5&##&n6

S&!/#%,n$/1#+ %$ N,%&n,# S%c E2c,n'$ (NSE) ,1 c#&!5$4 % %$ %" 1"% &n 1%c ./%/$1

cn%,c%1 ,n4 n/!5$9% 1#% &n %$ &n4$2 ./%/$1 1$'!$n% &n %$ #46

Acc4&n' % En1% < /n'+ In4&, ,1 ,#1 %$ .&.% #,'$1% !,$% &n %$!1 . n/!5$ . IPO1

,n4 1$-$n% #,'$1% &n %$!1 . %$ "c$$41 . %$ $,6 In4&,n c!",n&$1 ,&1$4 , ""&n' US

::68 5&##&n %/' "/5#&c &11/$1 &n 007+ &c &1 83 "$ c$n% &'$ %,n US 68 5&##&n

!5&#&$4 &n 006

T$ 5/1% "$.!,nc$ . %$ In4&,n 1%c !,$%1 c,n ,#1 5$ 1$$n &n %$ /'$ &nc$,1$ &n %$

./n41 !5&#&1$4 5 %$ c",%$ In4&,6 D/&n' 007908+ In4&, Inc !5&#&1$4 , ""&n' US 86:3

 5&##&n %/' &11/$ . 1,$1 n &'%1 &11/$+ &c &1 ,#!1% ,n $&'%9.#4 &nc$,1$ -$ US

63 !&##&n ,&1$4 &n 009076 In .,c%+ %$ !5&#&1,%&n . %$ ./n41 &n 007908 ,1 !$ %,n

%$ c!5&n$4 !5&#&1,%&n . %$ "$c$4&n' : $,16   S&!/#%,n$/1#+ , ""&n' US :3607

 5&##&n ,1 5$$n ,&1$4 %/' 5 In4&, Inc %/' "/5#&c &11/$1+ ,cc4&n' % 4,%, c!"&#$4 5

P&!$ D,%,5,1$6 T&1 &1 ,#!1% %&c$ %,% . US 6 5&##&n !5&#&1$4 &n 00907 ,n4 %$ &'$1%

$-$ &n %$ #,1% 1&2 $,16 @&#$ &n&%&,# "/5#&c ..$&n'1 !5&#&1$4 US :063 5&##&n (,5/% 76:

 "$ c$n%)+ .##9n "/5#&c &11/$1 !5&#&1$4 US 63 5&##&n6

P)"=a$e E?-"$&

T$ $, 007 ,1 , ,%$1$4 . "&-,%$ $=/&% !,$%+ &c ,1 $!$'$4 ,1 %$ !1% "$.$$4

!4$ . ./n4 !5&#&,%&n . In4&, Inc6 T$ c,"&%,# !5&#&1$4 %/' %&1 /%$ ,1 &'$ %,n

%$ ./n41 !5&#&$4 %/' IPO1+ .##9n &11/$1 ,n4 =/,#&.&$4 &n1%&%/%&n,# "#,c$!$n%1 "/%

%'$%$6

In4&,+ &n .,c%+ %""$4 %$ A1&, "&-,%$ $=/&% c,% . %$ .&1% %&!$ &n 007 &n %$!1 . ,''$',%$

4$,# -,#/$6 Acc4&n' % G,n% Tn%n+ , %%,# . US :76: 5&##&n ,1 !5&#&1$4 %/' 38

4$,#1 5 In4&, Inc &n 007+ c!",$4 % US 768 5&##&n &n 006 R$,# $1%,%$+ &n.,1%/c%/$+

 5,n&n' ,n4 .&n,nc&,# 1$-&c$1 $$ %$ 4!&n,n% 1$c%1 ,%%,c%&n' ,5/% "$ c$n% . %$ %%,#

 "&-,%$ $=/&% &n-$1%!$n%16

10

Page 11: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 11/96

T$ '% cn%&n/$1 ,",c$ &n 0086 D/&n' J,n/,9M,c 008+ "&-,%$ $=/&% .&!1 &n-$1%$4

,5/% US 363 5&##&n ,c11 7 5&##&n+ &c ,1 6 "$ c$n% &'$ %,n %$ US 67 5&##&n

c#c$4 &n %$ c$1"n4&n' "$&4 #,1% $,6

A 1%/4 5 '#5,# cn1/#%&n' .&! B1%n An,#%&c1+ %$ ,-$,'$ 4$,# 1&$ ,1 &nc$,1$4 .! US

86 5&##&n &n 003 % US 368 5&##&n &n 0076 An4 4&-$n 5 %$ 5/1% $cn!&c '% ,n4

,%%,c%&-$ !,$% -,#/,%&n1+ "&-,%$ $=/&% &n-$1%!$n%1 ,$ $1%&!,%$4 % cn%&n/$ 1%n'# %/'

0:06

S$)-$-)e# F"*a*e

In4&, ,1 $!$'$4 ,1 %$ .,1%$1% '&n' !,$% &n %$ A1&,9P,c&.&c $'&n . 1%/c%/$4 .&n,nc$+ ,

 "c$11 . ,,n'&n' ./n41 5 5,n1 ,n4 %$ $n%&%&$1 %/' ",%# 1$##&n' %$& #,n 516 I%

,1 ,#1 %$ 1$cn4 #,'$1% !,$% . 4!$1%&c &11/,nc$ &n %$ 1%/c%/$4 .&n,nc$ !,$%6

@&%&n %&1 !,$%+ A11$% B,c$4 S$c/&%&$1 (ABS) !,$% ,1 5$$n %$ 4!&n,n% 1$'!$n% %,n

R$1&4$n%&,## M,$% B,c$4 S$c/&%&$1 (RMBS)6 T&1 !,$% ,1 5$$n '&n' ,% , .$n$%&c ",c$

$-$ 1&nc$ %$ RBI &11/$4 $-&1$4 '/&4$#&n$1 n 1$c/&%&1,%&n &n 006

F $2,!"#$+ ,cc4&n' % M41 In-$1%1 1$-&c$+ 4!$1%&c 1%/c%/$4 .&n,nc$ %,n1,c%&n1

'$ 5 , ""&n' 0 "$ c$n% 4/&n' %$ .&1% ,#. . 007 % US 6 5&##&n c!",$4 % US

6 5&##&n &n %$ c$1"n4&n' "$&4 &n 006 @&#$ ABS ,cc/n%$4 . "$ c$n% . %$ %%,#

&11/,nc$1+ 1$c/&%&1,%&n . 1&n'#$ c",%$ #,n1 ,cc/n%$4 . 0 "$ c$n%6

M-$-a' F-*#

In4&, &1 ,#1 n$ . %$ .,1%$1% '&n' !,$% . !/%/,# ./n41 &n4/1% ,%%,c%&n' , 1% . '#5,#

 "#,$16 T$ c!5&n,%&n . &nc$,1&n' n/!5$ . ./n4 /1$1 (,#n' &% n$ 1c$!$1) ,n4

11

Page 12: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 12/96

&nc$,1$ &n %$ n/!5$ . "$"#$ ",&n' %$& 1,-&n'1 &n !/%/,# ./n41 ,1 $1/#%$4 &n %%,# ./n41

!5&#&1,%&n &nc$,1&n' ,% , ""&n' :63 "$ c$n% 4/&n' 007908 % 1%,n4 ,% US :6:: %&##&n

,1 ,',&n1% US 86:3 5&##&n &n 009076

T$ ,-$,'$ ,11$%1 /n4$ !,n,'$!$n% (AUM) . %$ !/%/,# ./n4 &n4/1% . M,c 008 1%4 ,%

US :367 5&##&n ,1 ,',&n1% US 868 5&##&n ,% %$ $n4 . 00+ $"$1$n%&n' , $, n $,

'% . 6 "$ c$n%6 Cn%&n/&n' %$ '%+ %$ In4&,n !/%/,# ./n41 &n4/1% &1 $2"$c%$4 %

' ,% , CAGR . 30 "$ c$n% &n %$ n$2% %$$ $,1 % 5$c!$ , US :67 5&##&n &n4/1% 5

0:0 .! US ::868 5&##&n &n J/# 0076 T&1 /#4 5$ n %$ 5,c . "$ c$n% '% ,%$

 5$%$$n : ,n4 0076 Cn1$=/$n%#+ !,$% "$n$%,%&n &n %$ MF &n4/1% /#4 !$ %,n

4/5#$ 5 0:0 .! ,5/% "$ c$n% &n 0076

Ba*>"*(

T$ 5/'$n&n' $cn!+ 1/'&n' .$&'n &n-$1%!$n%+ .&n,nc&,# 1$c% $.!1 ,n4 , .,-/,5#$

4$!',"&c ".&#$ ,1 #$4 % %$ In4&,n 5,n&n' &n4/1% $!$'&n' ,1 n$ . %$ .,1%$1% '&n'

&n %$ #46 T$ &n4/1%1 5/1&n$11 '$ ,% , CAGR . 0 "$ c$n% .! US 7:6:: 5&##&n ,1 .

M,c 00 % US ::76: 5&##&n 5 M,c 0076 S&'n&.&c,n%#+ %$ n$# #&c$n1$4 "&-,%$

1$c% 5/1&n$11 ,1 'n ,#!1% %&c$ (:67 %&!$1) ,1 %,% . 5,n&n' &n4/1% ,1 , #$+ #$,4&n'

% %$& 1,$ &n %%,# 5,n&n' 5/1&n$11 &nc$,1&n' .! "$ c$n% &n 00:90 % : "$ c$n% &n009076

T&1 5! &n %$ 5,n&n' &n4/1% ,1 ""$##$4 n&n$ In4&,n 5,n1 % %$ #&1% . %" 0 A1&,n

B,n1+ ,1 "$ %&1 $,1 A1&,n B,n$ 300 $"%6 S&!&#,#+ 1$-$n In4&,n !&c.&n,nc$ &n1%&%/%&n1

.&n4 "#,c$ &n F5$1 #&1% . @#41 T" 0 M&c.&n,nc$ In1%&%/%&n16 D$1"&%$ 1/c &!"$11&-$

 "$.!,nc$+ %$ "%$n%&,# . ./%$ '% &1 /'$ cn1&4$&n' %$ .,c% %,% In4&, ,1 1$cn4

#,'$1% .&n,nc&,## $2c#/4$4 /1$#41 (,5/% :3 !&##&n) &n %$ #46 In .,c%+ ,cc4&n' %

B1%n Cn1/#%&n' G/"+ In4&, &1 %$ .,1%$1% '&n' &nc$!$n%,# $-$n/$ "# &n %$ #46

I*-)a*e

T$ #&5$,#&,%&n . %$ /#$1 . %$ $n% . 4!$1%&c ,n4 .$&'n "#,$1 ,1 ,4 , .,-,5#$

&!",c% n %&1 1$c%+ #$,4&n' % "$!&/! c##$c%&n1 '&n' 5 :6 "$ c$n% &n 00907+

12

Page 13: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 13/96

Page 14: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 14/96

T$ R$#&,nc$ An&# D&/5,& A!5,n& G/" &1 ,!n' In4&,’1 %" %$$ "&-,%$ 1$c% 5/1&n$11

/1$1 n ,## !,* .&n,nc&,# ",,!$%$1+ &% , !,$% c,"&%,#&,%&n . R1 :00+000 c$ (US

 5&##&n)+ n$% ,11$%1 &n $2c$11 . R1 3:+00 c$ (US 7 5&##&n)+ ,n4 n$% % % %$ %/n$ . R1

7+00 c$ (US 5&##&n)

Ac11 4&..$$n% c!",n&$1+ %$ '/" ,1 , c/1%!$ 5,1$ . -$ 0 !&##&n+ %$ #,'$1% &n In4&,+

,n4 , 1,$#4$ 5,1$ . -$ 8 !&##&n+ ,!n' %$ #,'$1% &n %$ #46

T/' &%1 "4/c%1 ,n4 1$-&c$1+ %$ R$#&,nc$ 9 ADA G/" %/c$1 %$ #&.$ . : &n :0 In4&,n1

$-$ 1&n'#$ 4,6 I% ,1 , 5/1&n$11 "$1$nc$ %,% $2%$n41 % -$ +00 %n1 ,n4 300+000 -&##,'$1

&n &n4&, ,n4 .&-$() cn%&n$n%1 ,c11 %$ #46 T$ &n%$$1%1 . %$ '/" ,n'$

.! c!!/n&c,%&n1 (R$#&,nc$ C!!/n&c,%&n1) ,n4 .&n,nc&,# 1$-&c$1 (R$#&,nc$ C,"&%,# L%4)+ %

'$n$,%&n+ %,n1!&11&n ,n4 4&1%&5/%&n . "$ (R$#&,nc$ En$')+ &n.,1%/c%/$ ,n4

$n%$%,&n!$n%6

D&/5,& A!5,n& ./n4$4 R$#&,nc$ ,1 , %$2%&#$ c!",n ,n4 #$4 &%1 $-#/%&n ,1 , '#5,# #$,4$

&n %$ !,%$&,#1 ,n4 $n$' -,#/$ c,&n 5/1&n$11$16 H$ &1 c$4&%$4 % ,-$ 5/'% ,5/% %$ $=/&%

c/#% &n In4&, &n %$ #,%$ 1$-$n%&$1 ,n4 &1 $',4$4 ,1 ,n &cn . $n%$"&1$ &n In4&,6 H$ $"&%!&$4

%$ 1"&&% 4,$ % 4$,! ,n4 #$,n % $2c$#6

Re'"a*e T+#a& @

14

D/")-!/a" H7 Am!a*"

F/n4$ C,&!,n R$#&,nc$ G/"D$c$!5$ 8+ :3 9 J/# + 00

Page 15: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 15/96

T/e *ame +6 Re'"a*e T)a#e /a !ee* /a*(e# $+ Re'"a*e Se-)"$"e7

H"$+)& +6 Re'"a*e Ca."$a' L$#7

15

Page 16: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 16/96

R$#&,nc$ C,"&%,# &1 n$ . In4&,’1 #$,4&n' ,n4 .,1%$1% '&n' "&-,%$ 1$c% .&n,nc&,# 1$-&c$1

c!",n&$1+ ,n4 ,n1 ,!n' %$ %" 3 "&-,%$ 1$c% .&n,nc&,# 1$-&c$1 ,n4 5,n&n' c!",n&$1+ &n

%$!1 . n$% %6

T$ c!",n ,1 &n%$$1%1 &n ,11$% !,n,'$!$n% ,n4 !/%/,# ./n41+ #&.$ ,n4 '$n$,# &n1/,nc$+

 "&-,%$ $=/&% ,n4 ""&$%, &n-$1%!$n%1+ 1%c 5&n' ,n4 %$ ,c%&-&%&$1 &n .&n,nc&,# 1$-&c$16

RCL &1 $'&1%$$4 ,1 , 4$"1&% ",%&c&",n% &% N,%&n,# S$c/&%&$1 D$"1&% L%4 (NSDL) ,n4

C$n%,# D$"1&% S$-&c$1 L%4 (CDSL) /n4$ %$ S$c/&%&$1 ,n4 E2c,n'$ B,4 . In4&,

(D$"1&%&$1 ,n4 P,%&c&",n%1) R$'/#,%&n1+ :6

RCL ,1 1"n1$4 %$ R$#&,nc$ M/%/,# F/n4 &%&n %$ .,!$ . %$ S$c/&%&$1 ,n4

E2c,n'$ B,4 . In4&, (M/%/,# F/n4) R$'/#,%&n1+ :6RCL "&!,&# .c/1$1 n ./n4&n'

 "*$c%1 &n %$ &n.,1%/c%/$ 1$c% ,n4 1/""%1 %$ '% . &%1 1/51&4&, c!",n&$1+ R$#&,nc$

C,"&%,# A11$% M,n,'$!$n% L&!&%$4+ R$#&,nc$ C,"&%,# T/1%$$ C6 L&!&%$4+ R$#&,nc$ G$n$,#

In1/,nc$ C!",n L&!&%$4 ,n4 R$#&,nc$ L&.$ In1/,nc$ C!",n L&!&%$46

A1 . M,c 3:+ 00+ %$ c!",n’1 &n-$1%!$n% &n &n.,1%/c%/$ "*$c%1 1%4 ,% R16 :07:

C$16 T$ &n-$1%!$n% "%.#& . RCL &1 1%/c%/$4 &n , , %,% $,#&$1 %$ &'$1% "1%9%,2

$%/n n &%1 &n-$1%!$n%16

THEIR PARENTAGE

R$#&,nc$ Mn$ &1 , ",% . R$#&,nc$ C,"&%,# L&!&%$4

16

Page 17: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 17/96

On$ . In4&,1 #$,4&n' < .,1%$1% '&n' "&-,%$ 1$c% .&n,nc&,# 1$-&c$1 c!",n&$1

R,n1 ,!n' %$ %" 3 "&-,%$ 1$c% .&n,nc&,# 1$-&c$1 c!",n&$1+ &n %$!1 . n$% %

@&% &n%$$1%1 &n A11$% M,n,'$!$n% ,n4 M/%/,# F/n41+ L&.$ ,n4 G$n$,# In1/,nc$+ C$4&%

C,41 ,n4 %$ ,c%&-&%&$1 &n .&n,nc&,# 1$-&c$16

A!+-$ Re'"a*e M+*e&:0

17

Reliance Capital

Reliance Money Reliance Mutual Fund

Reliance General InsuranceReliance Life Insurance

Reliance ConsumeFinance

Page 18: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 18/96

T$ ..&c&,# #,/nc . R$#&,nc$ Mn$ ,1 ,nn/nc$4 n T&4 . M, 0076R$#&,nc$ Mn$ &1 ,

'/" c!",n . R$#&,nc$ C,"&%,# n$ . In4&,1 #$,4&n' ,n4 .,1%$1% '&n' "&-,%$ 1$c%

.&n,nc&,# 1$-&c$1 c!",n&$1+ ,n&n' ,!n' %$ %" 3 "&-,%$ 1$c% .&n,nc&,# 1$-&c$1 ,n4

 5,n&n' c!",n&$1+ &n %$!1 . n$% %6 R$#&,nc$ C,"&%,# &1 , ",% . %$ R$#&,nc$ An&#

D&/5,& A!5,n& G/"6

R$#&,nc$ Mn$ &1 , c!"$$n1&-$ $#$c%n&c %,n1,c%&n "#,%.! ..$&n' , &4$ ,n'$ . ,11$%

c#,11$16 I%1 $n4$,- &1 % c,n'$ %$ , In4&, %,n1,c%1 &n .&n,nc&,# !,$%1 ,n4 ,-,&#1 .&n,nc&,#

1$-&c$16 R$#&,nc$ Mn$ &1 , 1&n'#$ &n4+ $n,5#&n' / % ,cc$11+ ,!n'1% %$1 &n E=/&%&$1+

E=/&% < C!!4&%&$1 D$&-,%&-$1+ M/%/,# F/n41+ IPO’1+ L&.$ < G$n$,# In1/,nc$ "4/c%1+

O..1$ In-$1%!$n%1+ Mn$ T,n1.$+ Mn$ C,n'&n' ,n4 C$4&% C,416

N+% a #a& Re'"a*e M+*e& &1 4&-$n 5 $%&c,# ,n4 4n,!&c "c$11 . $,#% c$,%&n6

B,1$4 n %&1+ %$ c!",n 1%,%$4 &%1 $n4$,- &n %$ .&n,nc&,# !,$%6

R$#&,nc$ Mn$ L&!&%$4 (A R$#&,nc$ C,"&%,# C!",n) %/' R$#&,nc$ S$c/&%&$1 L&!&%$4+

R$#&,nc$ c,"&%,# L&!&%$4+ R$#&,nc$ C!!4&%&$1 L&!&%$4 ,n4 R$#&,nc$ In1/,nc$ A4-&1

S$-&c$1 "-&4$1 &n%$',%$4 .&n,nc&,# 1#/%&n1 % &%1 c",%$+ $%,&# ,n4 $,#% M,n,'$!$n%

c#&$n%16 T4,+ $ "-&4$ -,&/1 .&n,nc&,# 1$-&c$1 &c &nc#/4$ In-$1%!$n% B,n&n'+

C",%$ F&n,nc$+ P%.#& M,n,'$!$n% S$-&c$1+ E=/&% < C!!4&% B&n'+ In1/,nc$ ,n4

M/%/,# F/n416 P#/1+ %$$’1 , #% !$ % c!$ / ,6

R$#&,nc$ Mn$ &1 "/4 . 5$&n' , %/# ".$11&n,# .&n,nc&,# 1$-&c$ "-&4$ !,n,'$4 5 ,

&'# 1&##$4 %$,!+ ,-$ "-$n %,c $c4 &n %$& $1"$c%&-$ 4!,&n16

18

Page 19: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 19/96

Ma*a(eme*$:0

R$#&,nc$ Mn$ %$,! &1 #$4 5 , -$ $!&n$n% B,4 . D&$c%1 "-&4$ "#&c '/&4,nc$

,n4 /n4$ %$ ,c%&-$ #$,4$1&" . &%1 CEO < M,n,'&n' D&$c% ,n4 1/""% . &%1 C$n%,#

G/&4,nc$ T$,!6

B+a)# +6 D")e$+)

F##&n' &1 %$ c,% . %$ B,4 . 4&$c%1 . R$#&,nc$ Mn$ L%46

• Am"$a!/ C/a$-)=e#"+, V"e0C/a")ma*

A!&%,5 C,%/-$4&+ ,n FCA+ ,1 -$ $,1 . $2"$&$nc$ &n .&n,nc$ ,n4 %$

c,"&%,# !,$%16 A!&%,5 &1 ,#1 %$ D&$c% . R$#&,nc$ C,"&%,# A11$% M,n,'$!$n%

L&!&%$46

• S/)" C7 P7 Ja"*

S& C6P6 J,&n+ ,'$4 : $,1+ &1 %$ .!$ C,&!,n ,n4 M,n,'&n' D&$c% .

 N,%&n,# T$!,# P$ C",%&n (NTPC)6

• Rae*#)a C/"$a'e, I*#e.e*#e*$ D")e$+)

R,*$n4, P6 C&%,#$+ ,n $!&n$n% C,%$$4 Acc/n%,n%+ &1 %$ M,n,'&n' P,%n$ .

M;1 M6 P6 C&%,#$ < C6 H$ &1 , D&$c% n B,41 . %$ N,%&n,# S%c E2c,n'$

19

Page 20: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 20/96

. In4&, (NSE)+ A11$% R$cn1%/c%&n C!",n (In4&,) L%4+ H&n4/*, TMT L%4 ,n4 G/*,,%

A!5/*, C$!$n%1 L%46

5/a$ #+e Re'"a*e M+*e& a$-a''& #ea' "*

RELIANCE MONEY SHARE TRADING ACCOUNT:0

R$#&,nc$ !n$ /n#&$ %$ 5$&n' /1$1 ,1 &n%4/c$4 , n$ "$",&4 11%$! . 5$,'$

. %$ 1,$ %,4&n' &n &c &% "-&4$1 %$ #$1% .! . 5$,'$ c,'$4 .! ,n &n-$1%6

R$#&,nc$ !n$ ,1 &n%4/c$4 %$$ "$",&4 1c$!$1 . %$ 1%c !,$% &n-$1%1 &c

&n %$ .##&n' ,>

In %$ .&1% 1c$!$ , .$$ . R16 :000 &1 c,'$4 ,n4 , -,#&4&% . % !n%1 &1 "-&4$4 &n &c

,n &n-$1% &1 '&-$n , #&!&% . n$ c$ (/% . &c $;1$ c,n 4 , 4$#&-$ %/n-$ . R16 :0

#,c1 ,n4 , nn 4$#&-$ . R16 0 #,c1)6 In %&1 1c$!$ ,n%$ ..$ ,1 5$$n ,44$4 % &n-$1%1

&n &c ,n &n-$1% &1 c,'$4 , .$$ . R16 00 ,n4 , -,#&4&% . n$ $, &1 '&-$n % ,n &n-$1% %

%,n1,c% /" % .&-$ #,c1 &nc#/4&n' %$ 4$#&-$ ,n4 nn 4$#&-$6

In %$ 1$cn4 1c$!$ , .$$ . R16 00 &1 c,'$4 ,n4 , -,#&4&% . 1&2 !n%1 &1 "-&4$4 &n

&c ,n &n-$1% &1 '&-$n , #&!&% . %$$ c$ (/% . &c $;1$ c,n 4 , 4$#&-$ %/n-$ .

R16 30 #,c1 ,n4 nn 4$#&-$ %/n-$ . R16 67 c$)6

In %$ #,1% % 1c$!$1 %&!$ -,#&4&% &1 1,!$+ 5/% ,cc$11 .$$ ,n4 %/n-$ -,#&4&% &1 4&..$$n%6 In

n$ 1c$!$ .$$ &1 R16 000 ,n4 "-&4$4 , -,#&4&% . n$ $, &n &c &n-$1% &1 '&-$n , #&!&% .

R16 S$-$n c$ (/% . &c $ ;1$ c,n 4 4$#&-$ %/n-$ . R16 70 #,c1 ,n4 nn 4$#&-$

%/n-$ . R16 63 c$)6

In 1$cn4 1c$!$ .$$ &1 R16:0+000 ,n4 "-&4$4 , -,#&4&% . n$ $, &n &c &n-$1% &1 '&-$n ,

#&!&% . R16 0 c$ (/% . &c $;1$ c,n 4 4$#&-$ %/n-$ . R16 c$ ,n4 nn 4$#&-$

%/n-$ . R16 :8 c$)6

20

Page 21: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 21/96

T$1$ ,$ %$ .&-$ c,41 ..$$4 5 R$#&,nc$ !n$ % ,%%,c% %%,## , #,'$ n/!5$ . "%$n%&,##

/n%,""$4 &n-$1%16 A",% .! %&1 %$ ,cc/n% "$n&n' c,'$1 ,$ R16 70 n$ %&!$ ,n4 ./

,cc/n%’1 n,!$# T,4&n' D$!,% F$2 ,n4 C!!4&% ,$ "-&4$4 % %$ &n-$1%6 R$#&,nc$

Mn$ &1 ..$&n' , 5$,'$ c,'$ . 76 ",&1, n $-$ R1 :00 % . 4$#&-$95,1$4 %,4$1+

,n4 ",&1, n nn94$#&-$ %,4$1+ &c &1 %$ #$1% &n %$ &n4/1% 1 .,6

  C/$n%#+ %$ ,-$,'$ 5$,'$ c,'$ . 4$#&-$95,1$4 %,4$1 &1 ,n$$ 5$%$$n : ",&1,

,n4 ",&1, . $-$ %,4$ % R1 :00+ &#$ . nn94$#&-$ %,4$1 &% &1 ,/n4 39 ",&1,6

F+''+%"*( a)e a'+ $/e ma"* 6ea$-)e +6 $/" /a)e $)a#"*( a+-*$ .)+="#e# !&

Re'"a*e M+*e&: 9

  :6 F#$2&5&#&% % ,cc$11 R$#&,nc$ !n$ 1$-&c$1 &n !/#%&"#$ ,1 %/' In%$n$%+

T,n1,c%&n &1+ C,## ,n4 %,n1,c%1 1$$1 ,11&1%,nc$ %/' 5/1&n$11 ",%n$16

21

Page 22: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 22/96

  6 T&1 &1 , 1,.$'/,4$4 ,cc/n% R$#&,nc$ !n$ "-&4$4 ,n $#$c%n&c %$n %,%

.#,1$1 , /n&=/$ 1$c/&% n/!5$ &n $-$ %&% % (3) 1$cn416 T&1 n/!5$ 1 ,1 , %&4

#$-$# ",114 (&nc#/4&n' %$ #'&n ID ,n4 ",114 $$"&n' %$ ,cc/n% 1,.$ .! ,n

/n,/%&$4 ,cc$116

  36 F#$2&5&#&% % %,n1,c% &n E=/&% ,n4 c!!4&% 4$&-,%&-$1+ ..1$ &n-$1%!$n%1+

!/%/,# ./n41+ IPO’1+ L&.$ &n1/,nc$ ,n4 G$n$,# &n1/,nc$ $&%$ %/' n#&n$ %/'

c,nn$# ",%n$16

  6 @&% %$ $#" . %&1 ,cc/n% &n-$1%1 c,n ,cc$11 % %$& 5,n&n'+ %,4&n' ,n4

D$!,% ,cc/n%1 &%/% %$ ,11#$ . &%&n' c$=/$16 R$#&,nc$ !n$ ,1 %&$4 /" &% AKIS+

HDFC+ ICICI+ ,n4 IDBI 5,n % #&n %&1 1,$ %,4&n' ,cc/n% . %$ &n-$1%16

  6 Ann/,# !,&n%$n,nc$ c,'$ . */1% R16 0;9 "$ ,nn/! ,n4 .$$ n !5&#$ %&"16

 

T$1$ $$ 1!$ . %$ .$,%/$1 . R$#&,nc$ !n$ 1,$ %,4&n' ,cc/n%6

A6 C/1%!$ c,n 4 %$ 1,$ %,4&n' %/' %,4&n' &11 &n1%,##$4 5

R$#&,nc$ !n$+ %/' &n%$n$%+ %/' B/1&n$11 ,11c&,%$1 . R$#&,nc$

!n$6

22

Page 23: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 23/96

5+)>"*( +6 Re'"a*e m+*e&:0

A$ $/e Ma)+ Le=e'

A$ $/e m")+ 'e=e'

A% R$#&,nc$ !n$ MORADABAD %$ .##&n' &$,c $2&1%1>9

:6 T$$ C$n%$ !,n,'$16

6 T$n % %$#-$ 5/1&n$11 4$-$#"!$n% $2$c/%&-$1 /n4$ $,c c$n%$ !,n,'$6

23

Page 24: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 24/96

36 B/1&n$11 ,11c&,%$1 /n4$ $,c c$n%$ !,n,'$ %$& n/!5$ 4$"$n4&n' /"n %$ ,$,

,##%%$4 % $,c c$n%$ !,n,'$6

6 R$!&1,1 /n4$ $,c c$n%$ !,n,'$6

6 T$,! #$,4$ ,n4 PFC’1 /n4$ &!;$ . #&.$ &n1/,nc$6

6 On$ c/1%!$ 1/""% E2$c/%&-$ ,n4 n$ S$n& F&n,nc$ $2$c/%&-$6

Ce*$)e Ma*a(e):

T$ c$n%$ !,n,'$ &1 %$ $,% . %$ ..&c$ ,c%1 ,1 , cnn$c%&n 5$%$$n H$,4 ..&c$

(MUMBAI) N,%&n,# $,4+ R$'&n,# $,46 T$ c#&$n%1+ R$!&1,1 + B/1&n$11 ,11c&,%$1 ,n4

%$ 5/1&n$11 4$-$#"!$n% $2$c/%&-$16 T$ c$n%$ !,n,'$ &1 $1"n1&5#$ . %$ .##&n'

./nc%&n1>

:6 O',n&&n' ,## %$ BDE’1 5/1&n$11 ,11c&,%$1 ,n4 $!&1,1 /n4$ n$ 5,nn$6

6 M,&n' 1/$ %,% %$ BDE’1+ 5/1&n$11 ,11c&,%$1 ,n4 $!&1,1 ,$ c,&n' /% %$&

./nc%&n1 $## &6$6 $2",n4&n' %$ 5/1&n$11 &n .! . 1$##&n' %$ 1,$1 %,4&n'

,cc/n%’1+ !/%/,# ./n41+ 1$##&n' '$n$,# ,#n' &% #&.$ &n1/,nc$ "#&c&$16

36 P#,nn&n' 1%,%$'&$1 . &nc$,1$ %$ 5/1&n$11 (&6$6 &n1%,##,%&n . c,n"&$1 ,% %$ &'%

 "#,c$+ ,"""&,%$ ,4-$%&1&n' &n 4&..$$n% 5/1&n$11 E2"’1 ,n4 c",%$ !$$%1+ $%c6)

6 In%$-&$&n' ,n4 1$#$c%&n' 5/1&n$11 4$-$#"!$n% $2$c/%&-$ . %$ ',n&,%&n6

6 I4$n%&.&n' %$ "%$n%&,# ,'$n%1 &n %$ !,$% ,n4 !,&n' %$! %$ 5/1&n$11 ,11c&,%$

$!&1, . R$#&,nc$ Mn$ . '4 5/1&n$11 "1"$c%16

24

Page 25: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 25/96

6 T,&n&n' ,n4 n$ BDE’1 ,n4 %$ $!&1,1 ,5/% %$ "4/c% ,n4 % ,"",c %$

c#&$n%16 

B-"*e De=e'+.me*$ E<e-$"=e 8B7D7E9:

A 5/1&n$11 4$-$#"!$n% $2$c/%&-$ &1 %$ !,&n &n' ,n4 . %$ c!",n6 I% &1 %$

B6D6E &1 $1"n1&5#$ . $2",n4&n' %$ 5/1&n$11 . R$#&,nc$ !n$6 A B6D6E &1

$2"$c%$4 % 1$## %$ 1,$ %,4&n' ,cc/n%1+ !/%/,# ./n4+ '$n$,# ,n4 #&.$ &n1/,nc$ "#&c&$1

,n4 %$ .&n,nc&,# "4/c%1 4&$c%# % %$ c#&$n%1 $&%$ %/' c#4 c,##&n' %/'

&n1%,##,%&n . c,n"&$1 %/' $.$$nc$1 .! %$ c#&$n%1 ,n4 !,n %$ ,1

&nc#/4&n' %$ ,#9&n16

B-"*e A+"a$e:

T$ 5/1&n$11 ,11c&,%$1 ,$ #&$ ,n ,/%&$4 .,nc&1$$ . c!",n6 A% R$#&,nc$ !n$

%$ 5/1&n$11 ,11c&,%$1 ,$ '&-$n %$ .$$4! % !,&n%,&n %$& n 1$",,%$ ..&c$ ,n4

,""&n% 1%,.. 5/% n% n %$ ## . %$ c!",n6 T$ ,$ &n4$"$n4$n% % c, /% %$&

 5/1&n$11 &n %$& n , /n4$ %$ $'/#, ,%c . %$ c$n%$ !,n,'$6 T$ .,nc&1$$

,/%&$4 % 1$## ,## %$ .&n,nc&,# "4/c%1 . %$ R$#&,nc$ !n$ &n $%/n %$ ,$ ",&4

%$& $1"$c%&-$ 5$,'$1 ,1 c!!&%%$4 5 %$ c!",n6 A#1 %$ ,$ '&-$n %$ ,/%&%

% %,n1,c% &n %$ 1%c !,$% n %$ 5$,#. . %$ c#&$n%1 &6$6 %$ ,$ $1"n1&5#$ .

 "/%%&n' , %,4$ &n %$ 1%c !,$% n %$ &## . %$ $#" . "$ %,4$ 1.%,$ . &c

%$ ,$ ",&4 "$ %,n1,c%&n .$$ 5 %$ c/1%!$6 A 5/1&n$11 ,11c&,%$1 &1 %$ !,*

 5/1&n$11 '$n$,%&n' !,c&n$ . R$#&,nc$ !n$ ,n4 %$ ,$ !,* 1/c$ . c#&$n%’1

 5,1$ . %$ c!",n6 R$#&,nc$ !n$ $$"1 , 1"$c&,# ,%c n &%1 ,11c&,%$’1 &% ,11&1%1

25

Page 26: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 26/96

%$! ,n4 "-&4$1 %$! &% %$ n$c$11, $#" %$ $=/&$6 A#1 R$#&,nc$ !n$ %,&n1

%$ 1,#$1 .c$ . %$1$ ,11c&,%$1 ,n4 ,#1 '/&4$1 %$! &n c,&n' /% %$ 4,&# 5/1&n$11

,c%&-&%&$16

Rem"a):

T$ ,$ 4&$c% ,'$n%1 . R$#&,nc$ !n$ 1$ &1 %%,## 5,1$4 n c!!&11&n6

T$& &1 ,#1 #&$ , 5/1&n$11 ,11c&,%$1 &6$6 1$##&n' ,## %$ .&n,nc&,# "4/c%1 5/% &%

%$ n# 4&..$$nc$ %,% %$ ,$ n% ,/%&$4 % "/% , %,4$ n %$ 5$,#. . %$ c/1%!$6

A.%$ %$ B6D6E’1 ,n4 %$ 5/1&n$11 ,11c&,%$1 %$ $!&1,1 ,$ n$ . %$ !,* 5/1&n$11

'$n$,%&n' 1/c$1 . %$ c!",n ,n4 ,$ $,## -$ $#"./# &n '$n$,%&n' %$ 5/1&n$11

,n4 4$-$#"&n' , !,* c#&$n% 5,1$6

Team 'ea#e):

A% R$#&,nc$ !n$ , 1$",,%$ %$,! #$,4$ ,1 5$$n ,""&n%$4 . %$ R$#&,nc$ #&.$

&n1/,nc$ 1$c%&n %,% &1 $1"n1&5#$ . 4$-$#"&n' ,n4 $2",n4&n' %$ #&.$ &n1/,nc$

 5/1&n$11 /n4$ %$ 5,nn$ . R$#&,nc$ !n$6 T$ . %$ %$,! #$,4$ &1 % # ,.%$

%$ PFC’1 &n' /n4$ &!;$ ,n4 ,11&1%&n' %$! &n 4$,#&n' &% %$ c#&$n%1 ,n4

$c%&.&n' %$ -,&/1 =/$&$1 ,1$4 5 %$ c/1%!$16

PFC

A PFC &1 #&$ , BDE 5/% &% %$ 4&..$$nc$ %,% %$ ,$ ,""&n%$4 % 1$## %$ #&.$

&n1/,nc$ "#&c&$1 n#6 A PFC &1 $=/&$4 % $"% n , 4,&# 5,1&1 % %$ %$,! #$,4$ ,n4

26

Page 27: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 27/96

,c&$-$ %$ $=/&$4 %,'$% ,1 1"$c&.&$46 T$ ,$ ,#1 $2"$c%$4 % ,n4#$ %$ c#&$n% =/$&$1

,n4 4$,# &% %$!6

C-$+me) S-..+)$ E<e-$"=e:

T$ . , c/1%!$ 1/""% $2$c/%&-$ &1 ,1 &!"%,n% ,1 %,% . , c$n%$ !,n,'$6 A

c/1%!$ 1/""% $2$c/%&-$ &1 $1"n1&5#$ . $'&1%$&n' %$ Acc/n%1+ M/%/,# ./n4+ L&.$

&n1/,nc$ "#&c&$1 ,n4 ,## %$ %$ .&n,nc&,# "4/c%1 5/'% 5 %$ BDE’1+ B/1&n$11

,11c&,%$1+ R$!&1,1 PFC’1 n %$ MISS . R$#&,nc$ Mn$ 1 ,1 % $$" , 4,&# $c4

. %$ 5/1&n$11 5$&n' '$n$,%$4 5 R$#&,nc$ Mn$6

Se*"+) F"*a*e E<e-$"=e:

T$ *5 . 1$n& .&n,nc$ $2$c/%&-$ &1 % # ,.%$ %$ ",!$n% . 5$,'$ % 4&..$$n%

$!&1,1+ 5/1&n$11 ,11c&,%$1+ ,n4 1,#,&$1 . %$ B6D6E’1 ,n4 %$ %$ $!"#$$1 .

R$#&,nc$ Mn$6

T/e 6+''+%"*( #"a()am ("=e a !)"e6 "#ea a!+-$ $/e %+)>"*( a$ Re'"a*e M+*e&

M+)a#a!a#

27

Page 28: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 28/96

 

28

Page 29: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 29/96

S5OT ANALYSIS

S5OT ANALYSIS OF RELIANCE MONEY:0

STRENGTHS

o C+$0e66e$"=e: P, , .#,% .$$ . */1% R16 00;9 -,#&4 . !n%1 1"$c&.&$4 %,n1,c%&n,#

-,#/$6

o C+*=e*"e*e: G n#&n$+ %/' / 5$;,'$n%+ C,## < T,4$ &16

29

Page 30: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 30/96

o "* 4 "*$e()a$e# ae> R$#&,nc$ Mn$ ..$1 &n%$',%$4 ,cc$11 % / 5,n&n'+ %,4&n'

,n4 4$!,% ,cc/n%6 / c,n n %,n1,c% &%/% %$ ,11#$ . &%&n' c$=/$16

o Se-)"$&: Dn,!&c ",114 9 $$"1 %$ ,cc/n% $2%, 1$c/$

o 5"#e$ .)+#-$ )a*(e:  E=/&%+ C!!4&%&$1+ D$&-,%&-$1+ M/%/,# F/n41+ IPO’1+

In1/,nc$+ O..1$ In-$1%!$n% < C$4&% c,4

o O$/e) =a'-e0a##: L&-$ n$1 .! D Jn$1+ $1$,c+ $2"$% -&$1+ $%c ,-,&#,5#$ .$$

,n4 &n $,# %&!$

5EAKNESS

o S# cnn$c%&-&%6

o L$11 n/!5$ . 5,nc$1 &n In4&,

o D n% ,-$ ,cc$11 n R$'&n,# E2c,n'$16

o C!"$%&%&n .! 5,n1

o  N &n%$$1% n c,1 !,'&n6

o L$11 !,'&n n &n%,4, %,n1,c%&n16

OPPORTUNITIES

A#$,4 ,-&n' , '4 !,$% ,cc$11 %/' 4&..$$n% "4/c%16

M,$% 1,$ . c!",n &1 &nc$,1$ ,"&4#6

30

Page 31: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 31/96

R$#&,nc$ S$c/&%&$1 L%4 &1 n% 1 #n'$ &n %$ .&n,nc&,# 1$c/&%&$1 ,$, 5/% ,% "$1$n% &% ,1 , -$

'4 $1"n1$ . &n-$1%16 S&nc$ R$#&,nc$ Mn$ &1 c!&n' &% &%1 n Ba*> ,n4 S$+>

E</a*(e+ ,n4 &1 ,#1 "#,nn&n' % %&$ /" &% %$ 5,n1 %$ "1"$c%1 ,$ -$ '46

THREATS:

Ne% C+m.e$"$+)

A #% . n$ c!"$%&%1 ,$ %&n' % $n%$ %$ !,$% &n %&1 5/##&1 /n % %,1%$ %$ .#,- . %&1

c$6 T&1 &1 c$,%&n' , #% . c!"$%&%&n . #,'$ "#,$1 #&$ R$#&,nc$ Mn$ ,n4 &% &1 c$,%&n'

#&%%#$ cn./1&n &n %$ !&n41 . %$ c/1%!$1 ,5/% %$ 1$-&c$1 "-&4$4 5 %$ 5$6 A#1 !,n 5,n&n' .&!1 ,$ $n%$&n' &n% %$ !,$% &% /'$ &n-$1%!$n%6 C!"$%&%1 #&$ ICICI+ %,+

HDFC+ 9",&1, $%c6 ,$ "1&n' , #% . %$,%1 % %$ c!",n6

O%$ %$,%1 ,$>

S-! !)+>e), S-..'"e), Dea'e) 

Re'"a*e M+*e& -))e*$'& #ea' "* $/e 6+''+%"*( 6"*a*"a' .)+#-$:0

  S"*('e %"*#+% 6+) m-'$".'e .)+#-$:

31

Equity

Equity & Commodity Derivatives

Page 32: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 32/96

ABOUT THE PRODUCT

DEMAT ACCOUNT

A1 &n , 5,n+ $ $$" / !n$ &n , 1,-&n'1 ,cc/n%+ 1&!&#,# 4$!,% ,cc/n% &1 ,n ,cc/n%

$$ 1,$1 ,$ $"% &n $#$c%n&c .!6 F$ $,1 5,c 1,$1 $$ 5/'% ,n4 1#4 &n "1&c,#

.! &c /1$4 % #$,4 % /'$ ,!/n% . 5,4 4$#&-$&$16 S &n 4$ % "$-$n% 1/c #11$1+ SEBI

(S$c/&%&$1 E2c,n'$ B,4 . In4&,) !,4$ % 4$!,%$&,#&$ %$ 1,$16

B,1&c,## % 5/ 1$## 1,$1 n$ $=/&$1 3 ,cc/n%1>

32

Mutual Funds

Offshore Investments

IPOs

Life & General Insurance

Money !ransfer 

Credit Card

Gold

Page 33: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 33/96

 S,-&n' ,cc/n%> T&1 ,cc/n% &1 5,1&c,## $=/&$4 % %,n1.$ ./n41 % 5/ 1,$16

T,4&n' ,cc/n%> T&1 ,cc/n% &1 $$ ./n41 '$% %,n1.$$4 .! 1,-&n' ,cc/n% % 5/ 1,$16

D$!,% ,cc/n%> T$ ,cc/n% $$ 5/'% 1,$1 ,$ $"% &n $#$c%n&c .! % "$-$n% "1&c,#

#11$16

DOCUMENTATION REQUIRED TO OPEN A DEMAT ACCOUNT

:6 T$ .&1% ,n4 %$ .$!1% %&n' $=/&$4 &1 PAN CARD+ %,% &1 %$ "$1n ,n%1 % "$n ,

4$!,% ,cc/n% 1/#4 5$ $'&1%$$4 /n4$ Inc!$ T,2 4$",%!$n%6

6 An ,44$11 ". 

36 An &4$n%&% ". 

6 P%',"1

ANALYSIS OF DEMAT ACCOUNT OF RELIANCE MONEY

T$ .$,%/$1 ..$$4 5 %$ c!",n &n &%’1 4$!,% ,$ $n%&$# 5,1$4 n &nn-,%&-$ &4$,16 I.

c!",$ %$ .$,%/$1 . R$#&,nc$ Mn$’1 4$!,% ,cc/n% &% %,% . %$ &n4/1% "#,$1 $

&## .&n4 &% !$ c/1%!$ .&$n4# ,n4 5$n$.&c&,#6

33

Page 34: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 34/96

 S %$ ,5-$ %,5#$ c#$,# 11 %$ /n&%16 P$ ,n4 . R$#&,nc$ Mn$ &n &%1 DMAT ,cc/n% ,1

c!",$4 % %,% . c!"$%&%16 V,#/$ ,44$4 1$-&c$1 "-&4$4 5 R$#&,nc$ Mn$ ,$ %/#

'$,%6

H+% Re'"a*e M+*e& #ea' %"$/ e?-"$& $)a#"*( a*# $/e e)="e .)+="#e# $+ $/e

-$+me):0

R$#&,nc$ Mn$ L%4 "-&4$1 5$1% 1$-&c$1 % &%1 c/1%!$1 . $=/&% %,4&n' &n c!",&1n %

%$ F&n,nc&,# S$c/&%&$1 C!",n&$16

34

FEATURES RELIANCE MONE OTHERS

:6B$,'$ F#,% F$$1 > : P,&1, B$,'$ ,n'&n' .! 06 "$

c$n% % 068 "$ c$n%6S$c/&% S"$c&,# 1$c/&% %$n 1$

 ",114 c,n'$1 ,.%$ $-$ 3

1$cn41

 N 1/c .,c&#&%

36 S$-&c$ %,2 N&# 4/$ : ",&1, 5$,'$

(:63 . : ",&1, 0 ,""2)

:63 . 5$,'$

 

6Ann/,#

!,&n%$n,nc$

c,'$

R16 0 R,n'&n' .! R1600 % R160

6Acc/n%

"$n&n'

c,'$1

R16 70(1$#. $!"#$4) ,n4 R16 00

($!"#$4)

R16 00 % R16 :0

6 R$c,'$

c/"n .,c&#&%

C/"n1 % R16 00+ R16:000+

R16 000 R16 :0000 ,n4 R1600

 N 1/c .,c&#&%

Page 35: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 35/96

T$1$ 1$-&c$1 ,$ ,1 .##19

O*'"*e $)a#"*( 6a"'"$"e %"$/ I*$)a T)a#e7

In1%, T,4$ %$!&n,# &1 *,-, 5,1$4 1.%,$6 C#&$n% c,n $,1&# 4n#,4 %$ %$!&n,# %/'

R$#&,nc$ Mn$ $5 1&%$6 N $2%, c,'$1 ,$ %,$n . %$ /1$ . %&1 %$!&n,#6 T/' %&1

%$!&n,#;1.%,$ / $2$c/%$ / 4$ &%&n 1$cn416 In %&1 %$!&n,# $ '$% 5% NSE <

BSE On9#&n$ ,% 1,!$ %&!$6 An4 %$ c#&$n%1 c,n 4 %,4&n' &n 5% NSE < BSE ,% %$ 1,!$ %&!$6

I*#"="#-a' C'"e*$:

D$!,% A;c "$n&n' c,'$1> R1 70;9 (Ann/,# !,&n%$n,nc$ C,'$1 R1 0;9)

T,4&n' A;c+ c!!4&%&$1 A;c+ F$2 A;c .$$ . #&.$ %&!$

T,4&n' %/' ..#&n$ $51&%$6 (6$#&,nc$!n$6c!)

 NSE < BSE 5% ,$ n#&n$6

L&-$ ,""#$% . ,%c&n' "&c$1 < %,4&n' "/"1$16

B)+>e)a(e: 0 

R$#&,nc$ Mn$ 1 n %$ "$9",&4 c,41 11%$! &n1%$,4 . ,n c,1 5$,'$ ,n4 1$-&c$ %,2

,1 &##/1%,%$4 %,5#$ 11>9

35

Page 36: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 36/96

 

O$/e) 6ea$-)e0

F %$ ./n4 %,n1.$ ,n4 &%4,+ $ ,-$ %&$ /" &% ./ 5,n1 HDFC B,n+ IDBI

B,n+ ICICI B,n ,n4 AKIS B,n6 I. / ,$ ,-&n' 5,n ,cc/n% &n n$ . %$!+ / c,n

%,n1.$ %$ ./n41 ,n4 &%4, %$ ./n41 n#&n$ 1,!$ 4,6

S$%%#$!$n% . %,4$1 .##1 T %,n1,c%&n cc#$6

F$$4! .! ","$+ %,4&n' .,c&#&%&$1 &1 c!"#$%$# n#&n$6

SMS ,#$%1 n / !5&#$ "n$16

36

Page 37: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 37/96

A",% . %,% $ ,-$ / 4$4&c,%$4 %$,! % # ,.%$ / P%.#&+ M/%/,# F/n41+ ,n4

C!!4&%&$16

D+-me*$ P/+$++."e Re?-")e#:0

(A) T$$ c#/$4 P%',"1 (1$#. 1&'n$4)6

(B) F &4$n%&.&c,%&n P.9 V%$ ID C,4; D&-&n' L&c$n1$; P,11"%;

PAN C,4 (C!"/#1) ,n n$6

(C) F $1&4$n%&,# ".>9 B,n 1%,%$!$n%; V%$ ID C,4; R,%&n C,4;

D&-&n' L&c$n1$; P,11"%; T$#$"n$ E#$c%&c&% B&## 1%,%$!$n%

(,n n$)

(D) On$ c,nc$##$4 c$=/$ #$,. (F MICR N6 $c4)

(E) L,%$ B,n S%,%$!$n%; Fn% ",'$ . ",115 (S&n' N,!$+

A44$11+ A;c N6)

(F)/ c,n ,#1 4$"1&% %$ &n&%&,# !,'&n !n$ ,% %$ %&!$ . "$n&n' .

,cc/n%6

37

Page 38: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 38/96

MUTUAL FUNDS

MUTUAL FUNDS

38

Page 39: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 39/96

MUTUAL FUND INDUSTRY PREVIE5

T$ !/%/,# ./n4 &n4/1% &1 %$ "$,"1 %$ 1!,##$1% 1$'!$n% . %$ .&n,nc$ 5/1&n$11 1$'!$n% &n

In4&,6 I% &1 c!",,%&-$# , -$ /n' &n4/1% $n c!",$4 % %$ %$ 1$'!$n%16 T$ !/%/,#

./n4 &1 1%/c%/$4 ,/n4 , -$ 1&!"#$ cnc$"%+ %$ !&%&',%&n . &1 %/' %$ 1"$,4&n' .

&n-$1%!$n%1 ,c11 !/#%&"#$ $n%&%&$1+ &c &1 ,c&$-$4 5 %$ "#&n' . , n/!5$ . 1!,##

&n-$1%!$n%1 &n% , #,'$ 5/c$%6

 FEATURES OF MUTUAL FUNDS

T$ $11$n%&,# .$,%/$1 . %$ !/%/,# ./n41 4&1%&n'/&1&n' .! %$ /%$1 . &n-$1%!$n%1 ,$>9

T$ !/%/,# ./n4 &1 , %/1% &n% &c !,n $#,%&-$# 1!,## &n-$1%1 &n-$1% %$& !n$ %

.! , #,'$ "# . c,1 &c &1 %$n &n-$1%$4 &n 1$c/&%&$1 5 %$ !,n,'$ . %$ %/1%6

T$ "&c$ ,% &c /n&%1 c,n 5$ 5/'% ,n4 1#4 &1 '-$n$4 1#$# 5 %$ -,#/$ . %$

/n4$#&n' 1$c/&%&$1 $#4 5 %$ !/%/,# ./n4 ,n4 4$,#&n'1 &n /n&%1 ,$ n %$ 5,1&1 . %$ n$%

!,$% -,#/$ . %$ &n-$1%!$n% "$ /n&%6

T$ !,n,'$1 . %$ !/%/,# ./n41 ,$ 5#&'$4 % $4$$! ,n /n&%1 &n &11/$ n 4$!,n4 n

c$%,&n 1"$c&.&$4 "$&46

A## 4&-&4$n4 &nc!$ %,% %$ !/%/,# ./n4 $c$&-$1 n &%1 &n-$1%!$n%1 &1 ",&4 /% % /n&% #4$16

MUTUAL FUND CYCLE

39

Page 40: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 40/96

 

@&#$ %$ In4&,n !/%/,# ./n4 &n4/1% ,1 'n &n 1&$ .! M,c+ :3 (R1 70 5&##&n) %

D$c$!5$+ 00 (R1 : 5&##&n) &n %$!1 . AUM+ %$ AUM . %$ 1$c% $2c#/4&n' AKIS ,1

'n -$ 8 %&!$1 .! R16: 5&##&n &n M,c : % R16:738 5&##&n ,1 ,% D$c$!5$ 006

In4&,n !/%/,# ./n41 (MF1) ,-$ $,4$4 %$& &n-$1%1 5$%%$ %,n ,n %$ ./n41 &n #46

Acc4&n' % , $"%3+ , #$,4&n' !,$% $1$,c ,'$nc+ In4&,n ./n41 ,-$ ',55$4 $&'% . %$

%" :0 ,n1 -$ , :0$, "$&46 I. n$ %,$1 %$ #,1% .&-$ $,1+ %$ ,cc/n% . 1$-$n . %$ %"

:0 ,n4 -$ , 3$, "$&4+ 1&2 . %$ :0 5$1% "$.!&n' !/%/,# ./n41 ,$ .! In4&,6

A1 . %4, %$ 1&$ . %$ ,11$% /n4$ !,n,'$!$n% (AUM) &n In4&, &1 8 5&##&n ,',&n1% %$

c/n%1 GDP . 780 5&##&n6 In 1!$ 4$-$#"$4 $cn!&$1 AUM 1&$ &1 c#1$ % %$ GDP

.&'/$6 T&1 c#$,# 11 %$ ./%$ 1c"$ . '%6 I. / %,$ %$ #,1% ./ $, "$&4

(J,n/, 009008) %$ AUM . %$ !/%/,# ./n4 &n4/1% ,1 &1$n 1/51%,n%&,## ,5/% 776

40

Page 41: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 41/96

T$ MF 1$c% ,1 3 ,c%&-$ "#,$1 ,n4 %$ ,-$ !""$4 /" n$,# 8 5&##&n %/' $=/&%

!/%/,# ./n4 1c$!$16 An4 %$ ,$ $2"$c%$4 % ./%$ ' % :09: 5&##&n6 A/n4 n$

$=/&% 1c$!$1 $$ #,/nc$4 &n 008 ,n4 ',n$$4 ,/n4 76 5&##&n6 N$ c,%$'&$1 . ./n41+

#&$ c,"&%,# "%$c%&n &$n%$4 ./n41 ,n4 $=/&% 4$&-,%&-$ ./n41 $$ #,/nc$46

GRO5TH IN ASSETS UNDER MANAGEMENT

A#=a*$a(e +6 m-$-a' 6-*#

41

Page 42: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 42/96

I. n$ 4$1 n% ,-$ %$ %&!$+ %$ &nc#&n,%&n %$ $2"$%&1$ % !,$ ,n4 !,n,'$ &n-$1%!$n%1 &n

%$ c!"#$2 $=/&% %$ 4$5% !,$% 4&$c%#+ 1/#4 cn1&4$ &n-$1%&n' &n !/%/,# ./n41 ,n4 $,"

%$ 5$n$.&%1 . $1$,c ,n4 , &4$ ,n'$ . # c1% &n.!,%&n 1$-&c$16 A &19,-$1$ &n-$1%

c,n $2"$c% ,5-$ %$ !,$% $%/n1 ,% , #$ c1% ,n4 #$ &16 T$ !,* a#=a*$a(e .

&n-$1%&n' &n !/%/,# ./n41 ,$>

A7  P)+6e"+*a' Ma*a(eme*$0

M/%/,# ./n41 ,$ !,n,'$4 5 &'# 1&##$4 !,n,'$1 &% 1/n4 n#$4'$ . %$ !,$%

,n4 &4$ $2"$&$nc$ &n &n-$1%!$n%6

B7 A66+)#a!"'"$& 8'+% "*"$"a' "*=e$me*$90

  M/%/,# ./n4 &n-$1%!$n%1 ,$ /1/,## -$ #6 F $'> In F,n#&n T$!"#$%n 1c$!$1 /

c,n &n-$1% !&n&!/! R16000 (n$ %&!$ &n-$1%!$n%) %$ S1%$!,%&c In-$1%!$n% P#,n .

R1600 $-$ !n%6

C7 P+)$6+'"+ D"=e)"6"a$"+* a*# Re#-$"+* "* R">0

In4&-&4/,# &n-$1%1 ,-$ % .,c$ c!",n9$#,%$4 &11 ,n4 !,$%9$#,%$4 &116 T$1$ &11

c,n 5$ $4/c$4 %/' 4&-$1&.&c,%&n . "%.#&16 @$n ,n &n-$1% &n-$1%1 &n !/%/,# ./n4

&1 "%.#& ,/%!,%&c,## '$%1 4&-$1&.&$4 ,n4 %$ &1 %#$,nc$ c,",c&% . , !/%/,# ./n4 &1

!/c &'$6

D7  C+*=e*"e*$ Re+)#0>ee."*(9 

42

Page 43: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 43/96

R$c4 $$"&n' &1 1&!"#&.&$4 &n !/%/,# ./n416 B$$"&n' . %$ &n-$1%!$n%1 &1 ,n4#$4 5

%$ ./n46

E7 S%"$/"*(0

 M/%/,# ./n41 ,## &n-$1%1 % 1&%c .! n$ ./n4 % ,n%$ 5,1$4 n %$& &n-$1%!$n%

5*$c%&-$ ,% %,% ",%&c/#, !!$n%6

F7  L"?-"#"$&0

In c,1$ . "$n $n4$4 1c$!$1 &n-$1%1 c,n 1$## %$& $2&1%&n' /n&%1+ 5/ n$ /n&%1 ,% ,n

 "&n% . %&!$ ,% $#,%$4 NAV . %$ ./n46 T&1 '&-$1 &n-$1%1 , &' #$-$# . #&=/&4&% n %$&

&n-$1%!$n%16

G7 Ta< Be*e6"$0

M/%/,# ./n4 &n-$1%1 ,## -$ %$ #4 $n* c$%,&n %,2 5$n$.&%1 &c &nc$,1$1 %$ n$%

&$#4 . &n-$1%!$n%16

H7  M"*"m"e O.e)a$"*( C+$0

M/%/,# ./n41 ,-&n' #,'$ &n-$1%&5#$ ./n41 ,% %$& 4&1"1,# ,-,&# $cn!&$1 . 1c,#$6 T$

 5$,'$ .$$ %,4&n' c!!&11&n !, 5$ $4/c$4 1/51%,n%&,##6 T$ $4/c$4 "$,%&n' c1%

5-&/1# &nc$,1$1 %$ &nc!$ ,-,&#,5#$ . &n-$1%16 In-$1%&n' &n 1$c/&%&$1 %/' !/%/,#

./n41 ,1 !,n ,4-,n%,'$1 #&$ "%&n % $&n-$1% 4&-&4$n41+ 1%n' "11&5&#&% . c,"&%,#

,""$c&,%&n+ $'/#, $%/n1+ $%c6 M/%/,# ./n41 ,$ ,#1 $#$-,n% &n n,%&n,# &n%$$1%6 T$ %$1% .

%$& $cn!&c $..&c&$nc ,1 .&n,nc&,# &n%$!$4&, #&$1 &n %$ $2%$n% % &c %$ ,$ ,5#$ %

!5&#&$ ,44&%&n,# 1,-&n'1 ,n4 c,nn$#&&n' % !$ "4/c%&-$ 1$c%1 . %$ $cn!6

43

Page 44: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 44/96

D)a%!a> O6 M-$-a' F-*#

A7 N+ G-a)a*$ee:

 N !/%/,# ./n41 '/,,n%$$ / %$ $2,c% $%/n16 I. %$ $n%&$ 1%c !,$% 4$c#&n$1 &n

-,#/$ %$ -,#/$ . !/%/,# ./n4 1,$1 &## ' 4n ,1 $##+ n !,%%$ 5,#,nc$4 %$

 "%.#&6 In-$1%1 $nc/n%$ .$$ &11 $n %$ &n-$1% &n !/%/,# ./n41 %,n $n %$

 5/ ,n4 1$## 1%c1 n %$& n6 H$-$+ ,nn$ &n-$1%1 %/' , !/%/,# ./n4 /n1

%$ &1 . #1&n' !n$6

B7 Fee a*# C+mm""+*:

A## ./n41 c,'$ ,4!&n&1%,%&-$ .$$1 % c-$ %$& 4,9%94, $2"$n1$16 S!$ ./n41 ,#1

c,'$ $n% $2&% #,41 % c!"$n1,%$ 5$1+ .&n,nc&,# cn1/#%,n%1 $%c6

C7 Ma*a(eme*$ R">:

In-$1%!$n% &n , !/%/,# ./n4 4$"$n4 n %$ ./n4’1 !,n,'$ c,",5&#&% ($2c$"% &n In4$2

F/n41) % !,$ %$ &'% 4$c&1&n1 $',4&n' %$ ./n4’1 "%.#&6 I. %$ !,n,'$ 4$1 n%

 "$.! ,1 $## ,1 / ,4 "$4+ / !&'% n% !,$ ,1 !/c !n$ n / &n-$1%!$n%

,1 / $2"$c%$46 O. c/1$+ &. / &n-$1% &n In4$2 F/n41+ / .$' !,n,'$!$n% &1+

 5$c,/1$ %$1$ ./n41 4 n% $!"# !,n,'$16

Ke& C+*$"$-e*$ O6 M-$-a' F-*# I*#-$)&

44

Page 45: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 45/96

D$1"&%$ %$ 4&..$$nc$1+ ,## M/%/,# F/n41 c!"&1$ . ./ cn1%&%/$n%1> S"n11+ T/1%$$1+ A11$%

M,n,'$!$n% C!",n&$1 (AMC1) ,n4 C/1%4&,n16

A7  S.+*+): 

T$ 1"n1 &n&%&,%$1 %$ &4$, % 1$% /" , !/%/,# ./n46 I% c/#4 5$ , $'&1%$$4 c!",n+

1c$4/#$4 5,n .&n,nc&,# &n1%&%/%&n6

A 1"n1 ,1 % 1,%&1. c$%,&n cn4&%&n1+ 1/c ,1 n c,"&%,#+ %,c $c4 (,% #$,1% .&-$

$,1 "$,%&n &n .&n,nc&,# 1$-&c$1)+ 4$.,/#%9.$$ 4$,#&n'1 ,n4 , '$n$,# $"/%,%&n .

45

Page 46: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 46/96

.,&n$11+ ,1 % 5$ ,1c$%,&n$46 T$ 1"n1 ,""&n%1 %$ %/1%$$1+ AMC ,n4 c/1%4&,n6

Onc$ %$ AMC &1 .!$4+ %$ 1"n1 &1 */1% , 1%,$#4$6

B7  T)-$B+a)# +6 T)-$ee:

T/1%$$1 #4 , .&4/c&, $1"n1&5&#&% %,41 /n&% #4$1 5 "%$c%&n' %$& &n%$$1%16

S!$%&!$1+ ,1 &% C,n,, B,n+ %$ %/1%$$ ,n4 %$ 1"n1 ,$ %$ 1,!$6 F %$1+ #&$

SBI F/n41 M,n,'$!$n%+ S%,%$ B,n . In4&, &1 %$ 1"n1 ,n4 SBI C,"&%,# M,$%1 %$

%/1%$$6 T/1%$$1 .#,% ,n4 !,$% 1c$!$1 ,n4 ,#1 %$ 1$c/$ n$c$11, ,""-,#16 T$

c$c $%$ %$ &n-$1%!$n%1 . %$ AMC ,$ &%&n 4$.&n$4 #&!&%1+ $%$ %$ ./n41

,11$%1 ,$ "%$c%$4+ ,n4 ,#1 $%$ %$ /n&% #4$1 '$% %$& 4/$ $%/n16

C7 F-*# Ma*a(e)AMC:

T$ ,$ %$ n$1 !,n,'$ %$ &n-$1%’1 !n$6 An AMC %,$1 &n-$1%!$n% 4$c&1&n1+

c!"$n1,%$1 &n-$1%1 %/' 4&-&4$n41+ !,&n%,&n1 ""$ ,cc/n%&n' ,n4 &n.!,%&n .

 "&c&n' . /n&%1+ c,#c/#,%$1 %$ NAV+ ,n4 "-&4$1 &n.!,%&n n #&1%$4 1c$!$1 ,n4

1$cn4, !,$% /n&% %,n1,c%&n16 I% ,#1 $2$c&1$1 4/$ 4&#&'$nc$ n &n-$1%!$n%1+ ,n4

1/5!&%1 =/,%$# $"%1 % %$ %/1%$$16

D7 C-$+#"a*:

I% &1 .%$n ,n &n4$"$n4$n% ',n&,%&n+ ,n4 &% %,$1 c/1%4 . 1$c/&%&$1 ,n4 %$ ,11$%1 .

, !/%/,# ./n46 A!n' "/5#&c 1$c% !/%/,# ./n41+ %$ 1"n1 %/1%$$ '$n$,## ,#1 ,c%1

,1 %$ c/1%4&,n6

46

Page 47: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 47/96

C'a"6"a$"+* O6 M-$-a' F-*#

An !/%/,# ./n4 ,1 ,n 5*$c%&-$ . $,n&n' &nc!$ . %$ &n-$1%1 ,n4; '$%%&n' &nc$,1$4

-,#/$ . %$& &n-$1%!$n%16 T ,c&$-$ %$1$ 5*$c%&-$1 !/%/,# ./n41 ,4"% 4&..$$n% 1%,%$'&$1 ,n4

,cc4&n'# ..$ 4&..$$n% 1c$!$1 . &n-$1%!$n%16 On %$1$ 5,1$1 %$ 1&!"#$1% , % c,%$'&$

1c$!$1 /#4 5$ % '/" %$1$ &n% % 5,4 c#,11&.&c,%&n1>

O"$,%&n,# c#,11&.&c,%&n &'#&'%1 %$ % !,&n %"$1 . 1c$!$1+ &6$6+ "$n9$n4$4 ,n4 c#1$9

$n4$4 &c ,$ ..$$4 5 %$ !/%/,# ./n416

P%.#& c#,11&.&c,%&n "*$c%1 %$ c!5&n,%&n . &n-$1%!$n% &n1%/!$n%1 ,n4 &n-$1%!$n% ,-$n/$1

,-,&#,5#$ % !/%/,# ./n41 % !,n,'$ %$& ./n416 An "%.#& 1c$!$ c,n 5$ $&%$ "$n $n4$4

c#1$ $n4$46

O.e)a$"+*a' C'a"6"a$"+*

A7A7  O.e* E*#e# S/eme

A1 %$ n,!$ &!"#&$1 %$ 1&$ . %$ 1c$!$ (F/n4) &1 "$n &6$6+ n% 1"$c&.&$4 "$94$%$!&n$46

En% % %$ ./n4 &1 ,#,1 "$n % %$ &n-$1% c,n 1/51c&5$ ,% ,n %&!$6 S/c ./n4 1%,n41

$,4 % 5/ 1$## &%1 1$c/&%&$1 ,% ,n %&!$6 I% &!"#&$1 %,% %$ c,"&%,#&,%&n . %$ ./n4 &1

cn1%,n%# c,n'&n' ,1 &n-$1%1 1$## 5/ %$& 1,$16 F/%$+ %$ 1,$1 /n&%1 ,$ n!,##

n% %,4$4 n %$ 1%c $2c,n'$ 5/% ,$ $"/c,1$4 5 %$ ./n4 ,% ,nn/nc$4 ,%$16 O"$n9$n4$4

47

Page 48: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 48/96

1c$!$1 ,-$ c!",,%&-$# 5$%%$ #&=/&4&% 4$1"&%$ %$ .,c% %,% %$1$ ,$ n% #&1%$46 T$ $,1n &1

%,% &n-$1% c,n ,n %&!$ ,"",c !/%/,# ./n4 . 1,#$ . 1/c /n&%16 N &n%$!$4&,&$1 ,$

$=/&$46 M$-$+ %$ $,#&,5#$ ,!/n% &1 c$%,&n 1&nc$ $"/c,1$ &1 ,% , "&c$ 5,1$4 n

4$c#,$4 n$% ,11$% -,#/$ (NAV)6

B7B7 C'+e# E*#e# S/eme

S/c 1c$!$1 ,-$ , 4$.&n&%$ "$&4 ,.%$ &c %$& 1,$1; /n&%1 ,$ $4$$!$46 Un#&$ "$n9

$n4$4 ./n41+ %$1$ ./n41 ,-$ .&2$4 c,"&%,#&,%&n+ &6$6+ %$& c"/1 n!,## 4$1 n% c,n'$

%/'/% &%1 #&.$ "$&46 C#1$ $n4$4 ./n4 /n&%1 %,4$ ,!n' %$ &n-$1%1 &n %$ 1$cn4,

!,$% 1&nc$ %$1$ ,$ % 5$ =/%$4 n %$ 1%c $2c,n'$16 T$& "&c$ &1 4$%$!&n$4 n %$ 5,1&1

. 4$!,n4 ,n4 1/""# &n %$ !,$%6 T$& #&=/&4&% 4$"$n41 n %$ $..&c&$nc ,n4 /n4$1%,n4&n'

. %$ $n','$4 5$6 T$& "&c$ &1 .$$ % 4$-&,%$ .! NAV+ &6$6+ %$$ &1 $-$ "11&5&#&% %,%

%$ !,$% "&c$ !, 5$ ,5-$ 5$# &%1 NAV6

P+)$6+'"+ C'a"6"a$"+*

F##&n' ,$ %$ "%.#& c#,11&.&c,%&n . ./n41+ &c !, 5$ ..$$46 T&1 c#,11&.&c,%&n !,

 5$ n %$ 5,1&1 . (,) R$%/n+ (5) In-$1%!$n% P,%%$n+ (c) S"$c&,#&$4 1$c% . &n-$1%!$n%+ (4)

L$-$,'$ ,n4 ($) O%$16

A6A6  Re$-)* Bae# C'a"6"a$"+*

48

Page 49: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 49/96

T !$$% %$ 4&-$1&.&$4 n$$41 . %$ &n-$1%1+ %$ !/%/,# ./n4 1c$!$1 ,$ !,4$ % $n*

, '4 $%/n6 R$%/n1 $2"$c%$4 ,$ &n .! . $'/#, 4&-&4$n41 c,"&%,# ,""$c&,%&n ,

c!5&n,%&n . %$1$ %6

B6B6  I*+me F-*#

F &n-$1%1 ,$ !$ c/&/1 . $%/n1+ Inc!$ ./n41 ,$ .#,%$46 T$& 5*$c%&-$ &1

% !,2&!&$ c/$n% &nc!$6 S/c ./n41 4&1%&5/%$ "$&4&c,## %$ &nc!$ $,n$4 5 %$!6

T$1$ ./n41 c,n ./%$ 5$ 1"#&% /" &n% c,%$'&$1> %1$ %,% 1%$11 cn1%,n% &nc!$ ,%

$#,%&-$# # &1 ,n4 %1$ %,% ,%%$!"% % ,c&$-$ !,2&!/! &nc!$ "11&5#$+ $-$n &%

%$ /1$ . #$-$,'$6 O5-&/1#+ %$ &'$ %$ $2"$c%$4 $%/n1+ %$ &'$ %$ "%$n%&,# &1

. %$ &n-$1%!$n%6

C7C7 G)+%$/ 6-*#

S/c ./n41 ,&! % ,c&$-$ &nc$,1$ &n %$ -,#/$ . %$ /n4$#&n' &n-$1%!$n%1 %/'

c,"&%,# ,""$c&,%&n6 S/c ./n41 &n-$1% &n '% &$n%$4 1$c/&%&$1 &c c,n ,""$c&,%$

%/' %$ $2",n1&n "4/c%&n .,c&#&%&$1 &n #n' /n6 An &n-$1% 1$#$c%1 1/c ./n41

1/#4 5$ ,5#$ % ,11/!$ , &'$ %,n n!,# 4$'$$ . &16

D6D6  C+*e)=a$"=e F-*#

T$ ./n4 &% , "&#1" . ,## %&n'1 % ,## &11/$ ..$ 4c/!$n% ,nn/nc&n'

5*$c%&-$1 ,1> (&) % "-&4$ , $,1n,5#$ ,%$ . $%/n+ (&&) T "%$c% %$ -,#/$ .

&n-$1%!$n% ,n4+ (&&&) % ,c&$-$ c,"&%,# ,""$c&,%&n cn1&1%$n% &% %$ ./#.&##!$n% . %$

.&1% % 5*$c%&-$16 S/c ./n41 &c ..$ , 5#$n4 . &!!$4&,%$ ,-$,'$ $%/n ,n4

49

Page 50: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 50/96

$,1n,5#$ c,"&%,# ,""$c&,%&n ,$ nn ,1 !&44#$ . %$ ,4 ./n416 S/c ./n41 4&-&4$

%$& "%.#& &n c!!n 1%c1 ,n4 5n41 &n , , % ,c&$-$ %$ 4$1&$4 5*$c%&-$16

S/c ./n41 ,-$ 5$$n !1% ""/#, ,n4 ,""$,# % %$ &n-$1%1 ,n% 5% '% ,n4

&nc!$6

I*=e$me*$ Bae# C'a"6"a$"+*

M/%/,# ./n41 !, ,#1 5$ c#,11&.&$4 n %$ 5,1&1 . 1$c/&%&$1 &n &c %$ &n-$1%6 B,1&c,##+ &%

&1 $n,!&n' %$ 1/5c,%$'&$1 . $%/n 5,1$4 c#,11&.&c,%&n6

A7A7 E?-"$& F-*#

S/c ./n41+ ,1 %$ n,!$ &!"#&$1+ &n-$1% !1% . %$& &n-$1%&5#$ 1,$1 &n $=/&% 1,$1 .

c!",n&$1 ,n4 /n4$%,$ %$ &1 ,11c&,%$4 &% %$ &n-$1%!$n% &n $=/&% 1,$16 S/c

./n41 ,$ c#$,# $2"$c%$4 % /%4 %$ ./n41 &n &1&n' !,$%+ 5$c,/1$ %$1$ ,-$ ,#!1%

,## %$& c,"&%,# &n $=/&%6 E=/&% ./n41 ,',&n c,n 5$ . 4&..$$n% c,%$'&$1 -,&n' .!

%1$ %,% &n-$1% $2c#/1&-$# &n &' =/,#&% 5#/$ c&"’ c!",n&$1 % %1$ %,% &n-$1%

1#$# &n %$ n$+ /n9$1%,5#&1$4 c!",n&$16 T$ 1%$n'% . %$1$ ./n41 &1 %$ $2"$c%$4

c,"&%,# ,""$c&,%&n6 N,%/,##+ %$ ,-$ , &'$ 4$'$$ . &16

B7B7 De!$ F-*#

S/c ./n41 ,-$ %$& "%.#& cn1&1%$4 . 5n41+ 4$5$n%/$1+ $%c6 %&1 %"$ . ./n4 &1

$2"$c%$4 % 5$ -$ 1$c/$ &% , 1%$,4 &nc!$ ,n4 #&%%#$ n c,nc$ . c,"&%,#

,""$c&,%&n6 O5-&/1# &1 &1 # &n 1/c ./n416 In %&1 c,%$' $ !, c!$ ,c11 %$

./n41 c,##$4 L&=/&4 F/n41’ &c 1"$c&,#&$ &n &n-$1%&n' 1%9%$! !n$ !,$%

50

Page 51: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 51/96

&n1%/!$n%16 T$ $!",1&1 &1 n #&=/&4&% ,n4 &1 ,11c&,%$4 &% #$ &11 ,n4 #

$%/n16

C7C7 Ba'a*e# F-*#

T$ ./n41+ &c ,-$ &n %$& "%.#& , $,1n,5#$ !&2 . $=/&% ,n4 5n41+ ,$ nn

,1 5,#,nc$4 ./n416 S/c ./n41 &## "/% !$ $!",1&1 n $=/&% 1,$ &n-$1%!$n%1 $n

%$ /%# &1 5&'% ,n4 &## %$n4 % 1&%c % 4$5$n%/$1 $n %$ ./%/$ &1 $2"$c%$4 % 5$

 " . 1,$16

Se$+) Bae# F-*#

T$$ ,$ n/!5$ . ./n41 %,% &n-$1% &n , 1"$c&.&$4 1$c% . $cn!6 @&#$ 1/c ./n41 4 ,-$

%$ 4&1,4-,n%,'$ . # 4&-$1&.&c,%&n 5 "/%%&n' ,## %$& ,## $''1 &n n$ 5,1$%+ %$ "#&c .

1"$c&,#&&n' ,1 %$ ,4-,n%,'$ . 4$-$#"&n' &n %$ ./n4 !,n,'$1 ,n &n%$n1&-$ n#$4'$ . %$

1"$c&.&c 1$c% &n &c %$ ,$ &n-$1%&n'6 S$c% 5,1$4 ./n41 ,$ ,''$11&-$ '% ./n41 &c

!,$ &n-$1%!$n%1 n %$ 5,1&1 . ,11$11$4 5&'% ./%/$ . , ",%&c/#, 1$c%6 T$1$ ./n41 ,$

c,,c%$&$4 5 &' -&,5&#&%+ $nc$ !$ &16

S&$ema$" I*=e$me*$ P'a*

51

Page 52: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 52/96

M/%/,# ./n41 ,$ 5,1&c,## c##$c%&-$ &n-$1%!$n% 4n$ 5 %/1,n41 . &n-$1%1 ,n4 %&1 !n$ &1

,n4#$4 5 ./n4 !,n,'$ &n-$1%1 &% &n% 8 % :0 1$c%16 T&1 #$,41 % 4&-$1&.&c,%&n . &1

%,% &1 !&n&!&,%&n . &1 ,n4 !,2&!&,%&n . $%/n1

6

T$$ ,$ % %"$1 . &n-$1%!$n%1 &n !/%/,# ./n41>

  :6 L/!" 1/! &n-$1%!$n%> In 1/c %"$ . &n-$1%!$n% !n$ &1 &n-$1%$4 &n n$ %&!$ n#

,n4 NAV (N$% A11$% V,#/$) . %,% ",%&c/#, 4, &1 ,##%%$46

6 S1%$!,%&c In-$1%!$n% P#,n> I% &1 ,n &n-$1%!$n% &n &c !n$ &1 &n-$1%$4 &n&n1%,##!$n%1 %,% ,$ $&%$ !n%# =/,%$# ,n4 NAV &1 ,##%%$4 $-$ !n%6

Re'"a*e m+*e& +66e) m-$-a' 6-*# +6 a)+-*# 42 $+ 41 +m.a*"e -/ a

:6 RELIANCE

6 ICICI

36 HDFC

6 FRANLIN TEMPELTON

6 SBI

6 OTA 

76 TATA

86 BIRLA SUNLIFE

BENEFITS AT RELIANCE MONEY

52

Page 53: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 53/96

:6 H/'$ c&c$ % &n-$1%6

6 C,n &n-$1% 4&$c%# %/' 6$#&,nc$!n$6c!

36 F$$ &n1/,nc$ c-$ &% 1!$ . %$ ./n416

53

Page 54: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 54/96

INSURANCE

LIFE INSURANCE

5/a$ " I*-)a*e

T$ 5/1&n$11 . &n1/,nc$ &1 $#,%$4 % %$ "%$c%&n . %$ $cn!&c -,#/$1 .

,11$%16 T$ ,11$% /#4 ,-$ 5$$n c$,%$4 %/' %$ $..%1 . %$ n$6 T$

,11$% &1 -,#/,5#$ % %$ n$+ 5$c,/1$ $ $2"$c%1 % '$% 1!$ 5$n$.&%1 .! &%6 T$

 5$n$.&% !, 5$ ,n &nc!$ 1!$%&n' $#1$6 I% &1 , 5$n$.&% 5$c,/1$ &% !$$%1 1!$ .

54

Page 55: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 55/96

&1 n$$416 In %$ c,1$ . , .,c% %$ "4/c% '$n$,%$4 5 &1 1#4 ,n4 &nc!$ &1

'$n$,%$46 In %$ c,1$ . !%c,+ &% "-&4$1 c!.% ,n4 cn-$n&$nc$ &n

%,n1"%,%&n6

E-$ ,11$% $2"$c%$4 % #,1% . , c$%,&n "$&4 . %&!$ 4/&n' &c &%

 "$.!6 A.%$ %,%+ %$ 5$n$.&% !, n% 5$ ,-,&#,5#$6 T$$ &1 , #&.$%&!$ . ,

!,c&n$ &n , .,c% , !%c,6 Nn$ . %$! &## #,1% . ,..,&1 %,% %$ $n4 .

%$ "$&4 %$ #&.$%&!$ !,$1 , 1/51%&%/%$ !,4$ ,-,&#,5#$6 An ,cc&4$n% 1!$

%$ /n.%/n,%$ $-$n% !, 4$1% &% !,$ &% nn ./nc%&n,#6 In %,% c,1$ %$

n$ ,n4 %1$ 4$&-&n' 5$n$.&%1 %$$.$+ /#4 5$ 4$"&-$4 . %$ 5$n$.&% ,n4

%$ "#,nn$4 1/51%&%/%$ /#4 n% ,-$ 5$$n $,46 T$$ &1 ,n ,4-$1$ n

/n"#$,1,n% 1&%/,%&n6 In1/,nc$ &1 , !$c,n&1! %,% $#"1 % $4/c$ %$ $..$c% .

1/c ,4-$1$ 1&%/,%&n16

5/& I*-)a*e

In1/,nc$ &1 %$ "%$c%&n . #&.$ ,n4 ,11$%1 ,',&n1% /n.$1$$n c&c/!1%,nc$6 @$%$ &% &1 ,

'$n$,# ,cc&4$n% "#&c+ , !$4&c#,&! "#&c , "$n1&n "#&c+ ,n &n1/,nc$ "#&c $#"1 / %

1c"$ &% /nc$%,&n% ,n4 &n1$c/&%6

E-$ %/'% ,5/% / 1/#4 %,$ ,n &n1/,nc$ "#&c6 F n$+ &% $#"1 / % $4'$ &11

,',&n1% /n.$1$$n c&c/!1%,nc$1 ,n4 1,-$ !$6 I. %,%1 n% ,##+ &% &1>

• S/"$& % ,n 4&n, 1,-&n'1 "#,n ,1 &% "-&4$1 ./## "%$c%&n ,',&n1% &1 . 4$,%6

• Enc/,'$1 ,n4 .c$1 c!"/#1 1,-&n'1 /n#&$ %$ 1,-&n' &n1%/!$n%1+ $$&n %$

1,-$4 !n$ c,n 5$ $,1&# &%4,n6

• P-&4$1 #,n % %&$ -$ , %$!", 4&..&c/#% ",1$ ,n4 &1 ,#1 ,cc$"%,5#$ ,1 1$c/&% . ,

c!!$c&,# #,n6

55

Page 56: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 56/96

• O..$1 %,2 $#&$. % "#&c#4$16

• H$4'$1 &1 ,',&n1% /nc$%,&n%6

• F , "#&c %,$n /n4$ %$ M@P Ac% :87+ (M,&$4 @!$n1 P"$% Ac%)+ , %/1% &1

c$,%$4 . &.$ ,n4 c&#4$n ,1 5$n$.&c&,&$16

• B,1$4 n %$ cnc$"% . 1,&n' . #11$1+ %$ 1c&$% &## 5$n$.&% ,1 c,%,1%"&c #11$1 ,$

1"$,4 '#5,##6

5/+ a* !-& a '"6e "*-)a*e .+'"&

An "$1n ,5-$ :8 $,1 . ,'$+ &1 $#&'&5#$ % $n%$ &n% , -,#&4 cn%,c%+ c,n ' . ,n

&n1/,nc$ "#&c6 S/5*$c% % c$%,&n cn4&%&n1+ , "#&c c,n 5$ %,$n n %$ #&.$ . , 1"/1$

c&#4$n6

H+% " a '"6e "*-)a*e .+'"& -e6-'

P#,nn&n' . %$ .&n,nc&,# cn1$=/$nc$1 . , "$!,%/$ 4$,% &1 ,n $11$n%&,# ",% . $-$ .&n,nc&,#

 "#,n6 G$n$,##+ %$ cn1$=/$nc$1 ,$ 1&!"# % #,'$ % &'n$ ,n4 c,nn% 5$ %%,## c-$$4 &%

/ n $1/c$16

L&.$ &n1/,nc$ &1 n%&n' 5/% , cn%,c% &% ,n &n1/,nc$ c!",n /n4$ &c %$ &n1/$4

("/c,1$) ",1 , "$!&/! &n $2c,n'$ . c-$,'$ . 1"$c&.&$4 #11$16 L&.$ &n1/,nc$ "%$c%1

/ .,!&# ,',&n1% %$ &1 . %$ "$!,%/$ 4$,% . / ( / 1"/1$)6 L&.$ &n1/,nc$

 "#,nn&n' 1/#4 cn1&4$ / .,!&#1 1%9%$! n$$41 (. $2,!"#$+ !$4&c,# $2"$n1$1) ,n4

#n'9%$! n$$41 (. $2,!"#$+ $"#,c&n' / &nc!$)6

In %$ c/1$ . / #&.$ $ ,$ ,cc1%$4 5 &19%,% . .,&#&n' $,#%+ .&n,nc&,# #11$1+ ,cc&4$n%1

,n4 1 n6 In1/,nc$ &1 , !$,n1 5 &c #&.$1 /nc$%,&n%&$1 ,$ ,44$11$4 &n .&n,nc&,# %$!16 I%

..$1 , !n$%, c!"$n1,%&n ,',&n1% %1$ #11$16 In1/,nc$ &1 cn1&4$$4 !$ ,1 , $4'&n'

56

Page 57: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 57/96

!$c,n&1! ,%$ %,n , %/$ &n-$1%!$n% ,-$n/$6 L&.$ &n1/,nc$+ &n ",%&c/#, &1 $11$n%&,##

,cn#$4'$4 ,1 , !$c,n&1! &c $#&!&n,%$1 &1 1/51%&%/%&n' c$%,&n% . /nc$%,&n%

 "&!,&# 5 %,n1.$&n' &1 .! %$ &n1/$4 % %$ &n1/$6

I '"6e "*-)a*e a a="*( "*$)-me*$ !& $a<

L&.$ &n1/,nc$ &1 !,&n# cn1&4$$4 ,1 , 1,-&n' &n1%/!$n% ,%$ %,n ,n &n-$1%!$n% ,-$n/$ ,1 &%

 "!%$1 c!"/#1 1,-&n'1 5$1&4$1 $4/c&n' %,2 5/4$n n %$ "#&c#4$ ,n4 "%$c%1 %$

.,!&# . %$ "#&c#4$ &n %$ $-$n% . /n.$1$$n ,""$n&n'6 I% &1 %$ n# 1,-&n' &n1%/!$n%+

&c c-$1 %$ #&.$ &1 5$1&4$1 '&-&n' %,2 cnc$11&n 5% ,% $n% ("$!&/! ",&4) ,n4 ,% $2&%

 "&n%16 T$ 1$c%&n :0 (D) . %$ &nc!$ %,2 ,c% %%,## $2$!"%1 ",!$n% . %,2 n ,n ,!/n%

$c$&-$4 ,1 5n/1 ,',&n1% #&.$ &n1/,nc$ "#&c&$16

C'a"6"a$"+* +6 L"6e I*-)a*e P)+#-$

@$ c,n c#,11&. &n1/,nc$ "#,n &n % c,%$'&$16

T,4&%&n,#

ULIP

T)a#"$"+*a'

Te)m I*-)a*e :

Un4$ %$! &n1/,nc$ "#,n+ 1/! ,11/$4 &1 ",,5#$ n# &. 4$,% cc/1 4/&n' %$ 1"$c&.&$4 "$9

4$%$!&n$4 %$!6 I. 4$,% 4$1 n% %,$ "#,c$ 4/&n' 1/c %$! %$ ,!/n% . "$!&/! 1%,n41

57

Page 58: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 58/96

..$&%$46 T/1 &% c,n 5$ 1$$n %,% %$ %$! &n1/,nc$ &1 n%&n' 5/% %$ c1% . "/$ "%$c%&n6 I% &1

, cn%,c%+ &c "-&4$1 .&n,nc&,# "%$c%&n &. 4$,% 1/#4 cc/ &%&n , 1"$c&.&$4 "$&46 N

1/-&-,# 5$n$.&%1 ,$ "-&4$4 /n4$ %$ cn%,c%6

5/+'e '"6e "*-)a*e:

@#$ #&.$ &n1/,nc$ "-&4$1 . %$ ",!$n% . %$ .,c$ -,#/$ /"n %$ 4$,% . %$ &n1/$4+

$',4#$11 . $n &% !, cc/6 T&1 "#&c ./n&1$1 "$!,n$n% "%$c%&n % %$ &n1/$4 ,% $

!4$,%$ c1%6 T&1 &1 &'# &!"%,n% . %$ ,-$,'$ !,n !,n . !4$,%$ 1,#,+

$=/&$ cn1&4$,5#$ .,!&# "%$c%&n ,n4 1$ #&!&%$4 &nc!$ 4$1 n% $n,5#$ &! $ 5%

% ", "$!&/!1 ,n4 % ,cc/!/#,%$ , #,'$ 1,-&n'1 ./n46 T$ #$ #&.$ "#&c "-&4$1 , c,"&%,#

1/! . !n$ &n %$ $-$n% . 4$,% . %$ ,11/$4 $n$-$ %,% !, cc/6

E*#+%me*$ P+'"&:

En4!$n% &1 , "4/c%+ &c &nc#/4$1 R&1 c-$ ,n4 1,-&n' ,#16 In %$ "/$ $n4!$n% "#&c

%$ 1/! ,11/$4 &1 ",,5#$ &n %$ $-$n% . 4$,% 4$.&n&%$# n !,%/&%6 In ,n $n4!$n% 1/!

,11/$4 &1 . 1/$ '&-$n % %$ "#&c#4$ n c!"#$%&n . %$ %$!6 En4!$n% "#,n1 ,$ -$

 ""/#, &n 4$-$#"&n' n,%&n1 1&nc$ %$ 1$-$ , 4/,# "/"1$ . #&.$ c-$ ,n4 1,-&n'16 M,n ,

 "$"#$ &n / c/n% ' . $n4!$n% "4/c%1 5$c,/1$ . %$ c!"/#1 1,-&n' ,1"$c%6 An

$n4!$n% "#,n n %$ %$ ,n4 &1 n% , c$," "#,n 1&nc$ %$ &n1/$ ,1 , 4/,# #&,5&#&%   .

 "-&4&n' #&.$ c-$ ,n4 n !,%/&% '&-&n' %$ $n%&$ 1/! ,11/$46

A**-"$"e:

Ann/&%&$1 $.$ % &nc!$ %$ .&n,nc&,# "-&1&n /1/,## . $%&$!$n% #4 ,'$6 An

Ann/&% !, 5$ 4$.&n$4 ,1 , "$&4&c $",!$n% !,4$ 4/&n' , .&2$4 "$&4 . %$ 4/,%&n ., 4$1&'n,%$4 #&.$ #&-$16 In n$ 1$n1$ %$ #&.$ ,nn/&% !, 5$ 4$1c&5$4 ,1 %$ ""1&%$ .

&n1/,nc$ "%$c%&n ,',&n1% 4$,% &n &%1 "/$ .! , #&.$ ,nn/&% !, 5$ 4$.&n$4 ,1 , cn%,c%

$$5 . , "$!&/! cn1&4$,%&n n$ ",% (%$ &n1/$) ,'$$1 % ", %$ %$ (%$ ,nn/&%,n%)

58

Page 59: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 59/96

, 1%&"/#,%$4 1/! (%$ ,nn/&%) "$&4&c,## %/'/% #&.$6 T$ "/"1$ . %$ ,nn/&% &1 % "%$c%

,',&n , &1%$ /%#&-&n' . n$’1 &nc!$6

UNIT LINKED INSURANCE PLAN 8ULIP9

Un&% #&n$4 &n1/,nc$ "#,n (ULIP) &1 , #&.$ &n1/,nc$ 1#/%&n %,% "-&4$1 %$ c#&$n% &% %$

 5$n$.&%1 . "%$c%&n ,n4 .#$2&5&#&% &n &n-$1%!$n%6 I% &1 , 1#/%&n &c "-&4$1 . #&.$

&n1/,nc$ $$ %$ "#&c -,#/$ ,% ,n %&!$ -,&$1 ,cc4&n' % %$ -,#/$ . %$ /n4$#&n' ,11$%1

,% %$ %&!$ 6

T$ &n-$1%!$n% &1 4$n%$4 ,1 /n&% ,n4 &1 $"$1$n%$4 5 %$ -,#/$ %,% &% ,1 ,%%,&n$4 c,##$4 ,1 Ne$

Ae$ Va'-e (NAV)6

ULIP c,!$

&n% "#, &n :01 ,n4 5$c,!$ -$ ""/#, &n @$1%$n E/"$ ,n4 A!$&c,6 T$ $,1n %,% &1

,%%&5/%$4 % %$ &4$ 1"$,4 ""/#,&% . ULIP &1 5$c,/1$ . %$ %,n1",$nc ,n4 %$ .#$2&5&#&%

&c &% ..$1 % %$ c#&$n%16

A1 %&!$ "'$11$4 %$ "#,n1 $$ ,#1 1/cc$11./## !,""$4 ,#n' &% #&.$ &n1/,nc$ n$$41 %

$%&$!$n% "#,nn&n'6In %4,’1 %&!$1 ULIP "-&4$1 1#/%&n . ,## %$ n$$41 . , c#&$n% #&$

&n1/,nc$ "#,nn&n'+ .&n,nc&,# n$$41+ .&n,nc&,# "#,nn&n' . c&#4$n’1 ./%/$ ,n4 $%&$!$n%

 "#,nn&n'6

S$)-$-)e O6 U'".

59

  UNITS

  IN

FUNDS

UNDERLYING

INVESTMENT

UNITLINKEDINSURANCEPOLICIES

Page 60: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 60/96

Page 61: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 61/96

76 T,2 "#,nn&n'

 THE FACE OF INSURANCE INDUSTRY IN INDIA:

F! %$ In4&,n L&.$ In1/,nc$ C!",n Ac% &n :: % %$ IRDA Ac% &n :+ $'/#,%&n .

&n1/,nc$ 5/1&n$11 ,1 c!$ , #n' ,6 In1/,nc$ &1 , 1/5*$c% . .$4$,# #, ,n4 ,## &n1/,nc$ &n

In4&, ,1 5$$n n,%&n,#&$46 IRDA "&5&%1 :00 .$&'n n$1&" . ,n In4&,n In1/,nc$

c!",n ,n4 %/1 , .$&'n &n1/$ c,n n n# !,2&!/! . . %$ 1,$1 &n , n$ -$n%/$6

T$ In4&,n "!%$ ,1 % 1$## %/' "/5#&c ..$&n' ,.%$ %$n $,1 ,n4 c,n $%,&n n# .

%$ 1,$1 %$$,.%$6

In In4&,+ %$ % !1% ""/#, &n1/,nc$ "4/c%1 ,$ En4!$n% ,n4 Mn$ B,c "#&c&$1

%,% %'$%$ cn1&1% !$ %,n 80 . #&.$ &n1/,nc$ 5/1&n$116 A#1 %$1$ 4,1 ULIP+ (Un&% #&n$4

&n1/,nc$ "#,n) &1 ',&n&n' cn1/!$ ,cc$"%,nc$ ,n4 4$!,n46 T$ D&..$$n% "#,$1 &n %&1 .&$#4

&nc#/4$>

B&#, S/n L&.$ In1/,nc$ CO6 L%46

AVIVA L&.$ In1/,nc$ C6 P-%6 L%46

B,*,* A##&,n L&.$ In1/,nc$ C6 L%46

ICICI P/4$n%&,# L&.$ In1/,nc$ C6 P-%6 L%46

M$%#&.$ In4&, In1/,nc$ C6 P-%6 L%46

ING V1, L&.$ In1/,nc$ C6 P-%6 L%46

L&.$ In1/,nc$ C",%&n . In4&,

M,2 N$ L&.$ In1/,nc$ C6 L%46

O! %, M,&n4, L&.$ In1/,nc$ C6 L%46

SBI L&.$ In1/,nc$ C6 L%46

HDFC S%,n4,4 L&.$ In1/,nc$ C6 L%46

T,%, AIG L&.$ In1/,nc$ C6 L%46

R$#&,nc$ L&.$ In1/,nc$ c6 L%4

S,,, L&.$ c6 L%4

S&,! L&.$ c 6L%4

B,%& AKA In1/,nc$ c6 L%4

61

Page 62: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 62/96

Cn1&1%$n% '% ,1 5$$n 51$-$4 &n %$ "&-,%$ &n1/,nc$ !,$%16 T/' LIC ,1 5$$n

&n %$ c/n% . , #n' %&!$+ &% 4&4n’% %," !/c . %$ /,# !,$%6 I% n# cnc$n%,%$1 n %$

$n4!$n% ,n4 !n$ 5,c "#&c&$16 P&-,%$ &n1/$1 ,4 %,$n ,4-,n%,'$ . %&1 ,n4 ,4 c!$

&% &nn-,%&-$ "4/c%1 #&$ Un&% L&n In1/,nc$ P4/c%1 (ULIP1)6

DIFFERENT PLANS OFFERED BY RELIANCE LIFE INSURANCE

R$#&,nc$ S"$c&,# En4!$n% P#,n

R$#&,nc$ C,1 F# P#,n

R$#&,nc$ C&#4 P#,n

R$#&,nc$ EDLI Sc$!$

R$#&,nc$ G/" T$! A11/,nc$ P#&c

R$#&,nc$ M,$% R$%/n P#,n

R$#&,nc$ S&!"#$ T$! P#,n

R$#&,nc$ S"$c&,# C$4&% G/,4&,n P#,n

R$#&,nc$ #$ #&.$ "#,n

R$#&,nc$ '#4$n $, "#,n

R$#&,nc$ %$! "#,n

R$#&,nc$ 1"$c&,# T$! "#,n

R$#&,nc$ c$4&% '/,4&,n "#,n

PRODUCT DETAILSPRODUCT DETAILS

Re'"a*e '"6e "*-)a*e 'a-*/e ma"#e* "*-)a*e .)+#-$Re'"a*e '"6e "*-)a*e 'a-*/e ma"#e* "*-)a*e .)+#-$::

62

Page 63: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 63/96

M/!5,&+ ,/'/1% :7> An&# D&/5,& A!5,n& '/" c!",n R$#&,nc$ L&.$ In1/,nc$ %4,

,nn/nc$4 %$ #&.$ #,/nc . R$#&,nc$ cnn$c% #&.$ "#,n+ &%1 .&1% "4/c% 1&nc$ ,c=/&&n' %$ #&.$

&n1/,nc$ 5/1&n$11 . AMP S,n!, &n Oc%5$ #,1%6

R$#&,nc$ cnn$c% #&.$ &1 , :9$, &n1/,nc$ 9 c/! 1,-&n'1

P#,n . &n4&-&4/,#1 &n %$ ,'$ '/" . :8 % $,1 &% , !&n&!/! 1/! ,11/$4 . R16: #,6

T$ &n1/,nc$ c-$ c,n 5$ /"',4$4 &n %$ 1$cn4 ,n4 %&4 $, /" % , 1/! . R16 :0 #,6

R$#&,nc$ #&.$ &n1/,nc$ ,1 30+000 &n1/,nc$ ,4-&11 1"$,4 -$ :8 5,nc$1 ,c11 :3

#c,%&n1 < , c,## c$n%$ % 1$-&c$ &%1 c/1%!$6

HDFC ,n4 AKIS 5,n /#4 ,c% ,1 , c##$c%&n n$%6 T$ c!",n &1 &n %$ .&n,# 1%,'$1 .

n$'%&,%&n &% 5,n1 . 1$##&n' &%1 "4/c%1 %/' %$ 5,nc ,11/,nc$ c,nn$#6

T$ c!",n "#,n1 % ,44 ,n%$ :0+000 % :+000 ,4-&11+ ,$ /n4$ %,&n&n'+ 1,&4

 N,n4,'",#6

R$#&,nc$ c,"&%,# ,1 &n./1$4 R16:c$ &n R$#&,nc$ #&.$ &n1/,nc$+ &c ,1 , c,"&%,# 5,1$ .

R16383 c$ ,n4 $!"#$$ 1%$n'% . 3+ &nc#/4&n' 8 $!"#$$ . AMP S,n!,6

RELIANCE ENDO@MENT PLANRELIANCE ENDO@MENT PLAN>>

 I% %,$1 , #% . , 4$,! % 5$c!$ , $,#&%6 An4 !n$ &1 1/$# n$ . %$!6

R$#&,nc$ $n4!$n% "#,n '&-$1 / */1% %$ .&n,nc&,# &n4$"$n4$nc$ % $,#&$ / 4$,!1 &n %$

./%/$6 I% #$%1 / 4$c&4$ !/c / /#4 #&$ % 1$% ,1 / 1/! ,11/$4 5,1$4 n /

c/$n% .&n,nc&,# "1&%&n ,n4 / $2"$c%$4 ./%/$ $2"$n1$16

63

Page 64: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 64/96

E FEATUREE FEATURE>>

:6 On !,%/&% $c$&-$ 1/! ,11/$4 "#/1 5n/1$16

6 @$,#% c$,%&n %/' 5n/1 ,44&%&n6

36 M$ -,#/$ . / !n$ 5 , . &' 1/! A11/$4 R$5,%$6

6 Inc$,1$+ / &n1/,nc$ "%$c%&n 5 ,44&n' %$! c-$6

6 C1$ % ", $'/#, 1&n'#$ "$!&/!6

RELIANCE SPECIAL ENDO@MENT PLANRELIANCE SPECIAL ENDO@MENT PLAN>>

R$#&,nc$ 1"$c&,# $n4!$n% "#,n &1 $ % ,## / .&n,nc&,# n$$41 / '$% , 4$1&$4 #/!" 1/!

,.%$ , 1"$c&.&$4 "$&4+ $-$ / #&.$ &n1/,nc$ "%$c%&n cn%&n/$1 . ,n $2%$n4$4 "$&46 I.

,n%&n' $$ % ,""$n % /+ / 5$n$.&c&, &## '$% ,n%$ 1/! ,11/$4 ,#n' &% %$

 5n/1$16 T$ "#&c c!$1 &% ,n ,44$4 .$,%/$ . , #&!&%$4 "$!&/! %$!+ &c &1 ,#,1

$,1 #$11 %,n %$ "#&c %$!6

E FEATURESE FEATURES>>

:6 T&n 5$n$.&% . "%$c%&n < 1,-&n'16

6 S/! A11/$4 &1 ",&4 n 1/-&-,#+ ,% %$ $n4 . %$ "$!&/! ",&n' %$! #&.$ c-$ .

./## 1/! ,11/$4 cn%&n/$1 5$n4 "$!&/! ",&n' %$!6

36 @$,#% c$,%&n %/' 5n/1 ,44&%&n16

64

Page 65: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 65/96

6 M$ -,#/$ . / !n$ 5 , . &' 1/! A11/$4 R$5,%$6

6 C1$ % ,44 %$ 5$n$.&% . % &4$19c&%&c,# &##n$11 &4$1 ,n4 Acc&4$n%,# 4$,%

 5$n$.&% < %%,# < "$!,n$n% 4&1,5#$!$n% &4$6

6 C1$ % ,-,&# . , "#&c #,n ,-,&#,5#$ ,.%$ 3 ./## $,1 . "$!&/! ",!$n%6

76 P#&c ",%&c&",%$1 &n ".&%1 $-$n ,.%$ "$!&/! ",&n' %$!6

RELIANCE CASH FLO@ PLANRELIANCE CASH FLO@ PLAN>>

@&#$ !1% &n1/,nc$ "#,n1 5#c / !n$ . , c$%,&n "$&4 . %&!$+ R$#&,nc$ c,1 .# "#,n

'&-$1 / %$ 4/5#$ 5$n$.&% . #&.$ &n1/,nc$ ,#n' &% $,1 #&=/&4&% %/' #/!" 1/! c,16 I%

 "-&4$1 !n$ "$&4&c,## $n / n$$4 &%6

I% #$%1 / #&-$ #&.$ % %$ ./##$1% %4, ,n4 ,% %$ 1,!$ %&!$+ $#"1 / 1%, "%$c%$4 . %!

 5 '&-&n' / %$ .#$2&5&#&% . $c$&-&n' , 1"$c&.&$4 "$c$n%,'$ . %$ 1/! A11/$4 ,% 1"$c&.&$4

&n%$-,#16

E FEATURESE FEATURES>>

:6 E,1 #&=/&4&%9 '$%1 "$&4&c c,1 .#1 ,% %$ $n4 . %$ ./% $, ,n4 %$$,.%$

,% %$ $n4 . $-$ %$$ $,16

6 @$,#% c$,%&n %/' 5n/1 ,44&%&n16

36 On !,%/&% $c$&-$ ,cc/!/#,%$4 5n/1$1 ,#n' &% .&n,# #/!" 1/! ",/%6

6 M$ -,#/$ . / !n$ 5 , . &' 1/! ,11/$4 $5,%$6

6 F/## 1/! ,11/$4 "#/1 5n/1$1 &n c,1$ . / /n.%/n,%$ 4$,%6 T&1 &1 -$ ,n4

,5-$ %$ 1/-&-,# 5$n$.&%1 ,#$,4 ",&46

RELIANCE CHILD PLAN>RELIANCE CHILD PLAN>

65

Page 66: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 66/96

A1 , ",$n%+ &% &1 n# n,%/,# % 4$,! . , 1!% ,n4 5#&11./# #&.$ . / c&#46 @&c &1

$2,c%# / n$$4 % 1$c/$ / c&#4 %!+ %4,

R$#&,nc$ c&#4 "#,n $#"1 / 1,-$ 11%$!,%&c,## 1 %,% / c,n '&-$ / c&#4 !/c9 n$$4$4

.&n,nc&,# 1$c/&% &n %$ ./%/$6 S&!"# "/%+ R$#&,nc$ c&#4 "#,n '&-$1 / %$ .$$4! % $n*

$-$ !!$n% &% / c&#4 %4,+ &%/% &n' ,5/% &1;$ %!6

E FEATURESE FEATURES>

:6 R&1 "%$c%&n . / 4/&n' %$ %$! . %$

  P#&c6

6 Acc/!/#,%$4 5n/1 ,% %$ $n4 . %$ "#&c %$!6

36 . 1/! ,11/$4 ",,5#$ $-$ $, 1/! 5$n$.&% 4/&n' %$ #,1% ./ "#&c

,nn&-$1,&$16

6 A## ./%/$ "$!&/!1 ,$ ,&-$4 &n %$ $-$n% . /n.%/n,%$ #11 . #&.$6

6 G/,,n%$$4 .&2$4 5$n$.&%1 cn%&n/$ $-$n ,.%$ #11 . #&.$ . %$ "#&c#4$6

6 M$ -,#/$ . / !n$ 5 , . &' 1/! A11/$4 R$5,%$6

STRATEGIES

T '$% 1/cc$11./# &n ,n %,1 n$ 1/#4 ,#,1 4$-&c$ c$%,&n 1%,%$'&$1 5$.$ 1%,%&n'6 F##&n'

%$1$ 1%,%$'&$1 ,n4 &n' &n , 11%$!,%&c !,nn$ n% n# '&-$1 '4 $1/#%1 5/% ,#1 $,# %,1

.&n&1&n'6

STRATEGIES AT PERSONAL LEVEL

66

Page 67: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 67/96

T ,c&$-$ ! %,'$%1 I ,#1 4$-&1$4 c$%,&n 1%,%$'&$1 &c $$ $,## -$ $#"./# % !$6 T$

,$ ,1 .##1>

:6 B$.$ ! 1/!!$ &n%$n1&" "',! 1%,%$4 I ,4 ,#$,4 ',%$$4 &n.!,%&n "$%,&n&n' %

4$!,% ,cc/n%+ M/%/,# ./n41 ,n4 L&.$ In1/,nc$ . R$#&,nc$ Mn$6 S I ,4 "$ ,n4 n#$4'$

. %$ "4/c% ,n4 "&%c&n' %$ "4/c% &n %$ !,$% 5$c,!$ $,1&$6

6 I ,#1 % 4,%, 5,1$ . $1&4$n%1 . M,4,5,4 (!,&n# CA1) .! n$ . ! 1$n&16 T,% 4,%,

 5,1$ ',-$ !$ !1% . ! #$,416

6 T$ n$2% %&n' I 4&4 ,1+ I 1%,%$4 1%,n4&n' n$, %$ ATM1 ,n4 4&1%&5/%$4 5c/$1 . R$#&,nc$

Mn$ &% ! "n$ n/!5$6

6 P$",$4 , c,% . n$ $, ,n4 c$1"n4&n' &n-$1%!$n% ,n4 %$ 5$n$.&% ,n4 1$4 &% % %$

c/1%!$ ,#n' &% -$5,# $2"#,n,%&n6

6 T 1$## 11%$!,%&c &n-$1%!$n% "#,n I 4&4 c11 1$##&n' ,c11 1,!$ c/1%!$ 5,1$6

STRATEGIES AT CORPORATE LEVEL

:6 O"$n&n' . DMAT ,cc/n% &% c,nc$# c$=/$ . n$ !n%6

6 I11/,nc$ . ,""$c&,%&n #$%%$ n "$n&n' :00 ,cc/n%1 ,1 , %$,! &n n$ 4,6

36 C$%&.&c,%$ . HALL OF FAME ,n4 , ,## c#c n 4&n' :00 S1%$!,%&c

In-$1%!$n% P#,n &n R$#&,nc$ M/%/,# F/n4 ,1 , %$,!6

6 R$&!5/1$!$n% . !-&$ %&c$%16

67

Page 68: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 68/96

6 On 1$##&n' S1%$!,%&c In-$1%!$n% P#,n . B&#, S/n #&.$ + c$%&.&c,%$ . ,""$c&,%&n /#4

 5$ '&-$n 5 B&#, S/n #&.$6

MARKET SHARE OF VARIOUS PLAYERS OPERATING IN LIFE

INSURANCE INDUSTRY

S&nc$ %$ ,4-$n% . %$ "&-,%$ "#,$1 &n %$ !,$% %$ &n4/1% ,1 1$$n n$ ,n4

&nn-,%&-$ 1%$"1 %,$n 5 %$ "#,$1 &n %&1 1$c%6 T$ n$ "#,$1 ,-$ &!"-$4 %$ 1$-&c$

=/,#&% . %$ &n1/,nc$6 A1 , $1/#% LIC 4n %$ $,1 ,-$ 1$$n %$ 4$c#&n&n' ",1$ &n &%1 c,$$6

T$ #&.$ &n1/,nc$ &n4/1% ,1 $c4$4 , '% . :06: &n "$!&/! c##$c%&n . %$ "$&4

. A"&# 0 % F$5/, 07 -$ c$1"n4&n' "$&4 &n %$ "$-&/1 $,6 T$ !,$% 1,$ ,1

4&1%&5/%$4 ,!n' %$ "&-,%$ "#,$16

 NAME OF THE

COMPAN

TOTAL PREMIUM

COLLECTED

UPTO F$5/,

007(In C$1)

MARET SHARE

(IN )

RANING

:6BAJAJ ALLIAN 76: 6:7 34 

6ING VSA 3688 06038 :% 

3 RELIANCE LIFE 06 :603 % 

SBI LIFE :7::6 6 % 

TATA AIG 6: 063 :0% 

HDFC

STANDARD

:86: 60 % 

7 ICICI

PRUDENTIAL

068 760 n4 

8 BIRLA SUNLIFE :63 :6: 7% 

68

Page 69: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 69/96

AVIVA 868 :6000 8% 

:0 OTA

MAHINDRA OLDMUTUAL

36 0677 ::%

:: MAK

 NE@OR 

7:68 :6 % 

: MET LIFE 3683 0603 :3% 

:3 SAHARA LIFE 67 0603 :% 

: SHRIRAM LIFE :63 06: :% 

: BHARTI AKA 68 060077 :% 

: LIC 3736 760 :S%

TOTAL ;373 :00 99999999

 

69

Page 70: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 70/96

Life Insuance in In!ia

Pvt Players

LIC

Pvt Players LIC

TOTAL MARET SIE> ;373 C)+)e

F! %$ ,5-$ "&$ c,% ,n4 %,5#$ $ c,n cnc#/4$ %,% 1%&## LIC &1 %$ !,$% #$,4$ &n

&n1/,nc$ &n4/1% ,1 &% ,1 , !,$% 1,$ . ,#!1% ;; &n #&.$ &n1/,nc$ &n4/1% c!",$4 %

 "&-,%$ "#,$1 &c ,-$ n# 3 . %$ %%,# !,$% 1,$ (/" % M,c 007)+ LIC c/$n%#

,1 , "$!&/! c##$c%&n . ;7 C)+)e c!",$4 % 47 C)+)e . "&-,%$ "#,$1 5/%

%$ "&n% $$ &c &1 % 5$ n%$4 $$ &1 %,% -$ , "$&4 . %&!$ %$ !,$% 1,$ . LIC ,1

4$c#&n$4 ,n4 !,$% 1,$ . "&-,%$ "#,$1 ,-$ &nc$,1$4 &% c,n ./%$ 5$ c#$,$4 .! %$ %,5#$

'&-$n 5$#>

 

70

Page 71: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 71/96

F&n,nc&,# $, 00903 00390 0090 009007 (U"

% M,c)

LIC 8633 7:6 7

PRIVATE

PLAERS

8 :767 8638

GRO5TH TREND IN LIFE INSURANCE INDUSTRY

FINANCIAL

YEAR 

122028IN R9 122028IN R9 122028IN R9

8UPTO

FEBRUARY1229

TOTAL FIRST

EAR PREMIUM

(&n L,1)

:836

L,1

38767

L,1

83067

L,1

F! %$ ,5-$ %,5#$ $ c,n 1$$ %,% %$$ &1 , %$!$n4/1 '% &n &n1/,nc$ 5/1&n$11

.! $, 00390 % 0090 &n $, 00390 %$ %%,# "$!&/! c##$c%$4 &1 R1 :836 #,1$$,1 &% &1 83067 &n %$ $, 0090 1 %$$ &1 ,n &nc$,1$ &n "$!&/! c##$c%$4 5

7::678 #,1 &6$6 '% &n "$!&/! c##$c%$4 &1 067 &c 11 %,% &n1/,nc$ &n4/1%

&n In4&, ,1 'n %$!$n4/1# &n In4&, 5/% 1%&## %$$ #&$1 ""%/n&%&$1 ,n4 c,##$n'$1 &n

&n1/,nc$ 1$c% %$ ,$ ,1 .##1

 

OPPORTUNITIES:

47 T$ !,* ""%/n&% . &n1/,nc$ 5/1&n$11 &1 %,% 1%&## , #,'$ "%&n . ""/#,%&n &1

/n&n1/$4 ,n4 %1$ ,$ &n1/$4 ,$ /n4$ &n1/$4 1 %$$ &1 ,n ""%/n&% .

71

Page 72: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 72/96

&n1/,nc$ c!",n&$1 % &nc$,1$ %$$ $-$n/$1 5 &n1/&n' %$ /n%,""$4 "%&n . %$

 ""/#,%&n6

17 T$ 1,-&n'1 . "$"#$ c,n 5$ 4&-$%$4 .! 5,n&n' 1$c% % &n1/,nc$ 1$c% 5 ..$&n'

c/1%!$1 &'$ &n%$$1% ,%$1 %/' /n&%9#&n$4 "#,n16

7 T$$ &1 ,n ""%/n&% . "&-,%$ "#,$1 % &nc$,1$ %$& !,$% 1,$ 5 "-&4&n'

 5$%%$ "4/c%1 ,n4 1$-&c$1 %,n L6I6C6

CHALLENGES: 

T/e 6"=e ma"* /a''e*(e 6ae# !& "*-)a*e "*#-$)& a)e a 6+''+%

47 L+% a%a)e*e 'e=e':  #,'$ "%&n . %$ ""/#,%&n . In4&, &1 1%&## /n,,$ . %$

&n1/,nc$ ,1 , #$+ 1 &% &1 , !,* c,##$n'$ 5$.$ ,## %$ "#,$1 &n &n1/,nc$ &n4/1%

% !,$ %$ c/1%!$1 ,,$ ,5/% &n1/,nc$ ,n4 ,% ,$ %$& !,* "4/c%16

17 P)+#-$ "**+=a$"+*: C!",n&$1 1%&## .## %$ 1,!$ #4 %,4&%&n,# "#,n1 &% &c

%$ &n1/,nc$ &n4/1% 1%,%$46 T$$ &1 , -$ #&%%#$ c,n'$ &n %$ "4/c%1 ..$$46

Cn1/!$1 %4, 1$$ "4/c% %,% ..$ .#$2&5#$ "%&n1+ "4/c%1 &% 5$n$.&%1

/n5/n4#$4+ "4/c%1 c/1%!&$4 % 1/&% %$& 4&-$1$ n$$416 S &% &1 , c,##$n'$ .

&n1/,nc$ c!",n&$1 % "-&4$ 1/c &n4 . &n1/,nc$ "4/c%16

7 D"$)"!-$"+*: c/$n% 4&1%&5/%&n c,nn$#1 ,$ n% ,5#$ % 1$-$ %$ /,# ,$,1 . %$

c/n%+ 1 &n1/$1 n$$4 % $2"#$ ,#%$n,%&-$ c,nn$#1 . 4&1%&5/%&n . 5% /5,n ,n4

/,# ,$,6

7 C-$+me) e)="e:  T$ "$1$n% c!!/n&c,%&n ,n4 "!%&n1 ,5/% -,&/1

&n1/,nc$ "4/c%1 &n In4&, ,$ n# &n.!,%&-$6 S ,% n$$41 % 5$ 4n$ &1 % &n %$

$,%1 . %$ c/1%!$1 5 "-&4&n' %$! %$ $2%, ,% %$ c/1%!$1 ,n%1 &%/%

,1&n' . &6$6 &' #$-$# . c/1%!$ 1$-&c$6 T)-$ a*# +*6"#e*e: "$"#$ %$n4 % ,-$

!$ .,&% &n '-$n!$n%

72

Page 73: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 73/96

7 S$c% 4$,#&n' &% &n1/,nc$ $6'6 L6I6C+ P$"#$ .$$# !$ 1$c/$ ,n4 cn.&4$n% &n

&n-$1%&n' &n "#,n1 . L6I6C6 ,%$ %,n &n "&-,%$ "#,$16

A",% .! %$ ,5-$ c,##$n'$1 %$ !,* c,##$n'$ .,c$4 5 &n1/,nc$ 1$c% &1 %

&nc$,1$ %$ "$n$%,%&n ,%$ . &n1/,nc$ &c &1 -$ # &n In4&, &% &1 n# . GDP

,n4 1%&## 80 . %$ ""/#,%&n &1 n% &n1/$4 ,n4 %1$ ,$ &n1/$4 ,$ n% ./##

&n1/$46

ACHIEVEMENTS

On$ ,1 % '&-$ &1 :00 % ,c&$-$ 1!$%&n' %6 S%n' 4$%$!&n,%&n ,n4 5$#&$. &n

n$1$#. c,n !,$ ,n%&n' %,% &1 c,##$4 &!"11&5#$ "11&5#$6 A1 1%c !,$% ,1 1&n'

4,&# .#/c%/,%&n1+ &n 1/c , %/' 1c$n,& &% ,1 $,## %/' % 1$## 4$!,% ,cc/n%1 ,n4 SIP

&n !/%/,# ./n416 T$ cn%&n//1# 4$c$,1&n' &n4$2 . 1$n1$2 ,n4 n&.% !,4$ &% %/'$ . !$

% %,$ $-$n ,""&n%!$n%1 ,1 "$"#$ 4&4n’% $-$n ,n% % #&1%$n %$ n,!$ . 1,$ !,$% 5/%

&% ! 1%n' &## "$ I cn%&n/$4 !,&n' $..%1 ,n4 ,c&$-$4 ! %,'$%1 ,1 .##16

TARGETS GIVEN TARGETS ACHIEVED

  MUTUAL FUNDS(S1%$!,%&c

In-$1%!$n% P#,n)

 L&.$ In1/,nc$ P4/c%1

: MUTUAL FUNDS(S1%$!,%&c

In-$1%!$n% P#,n)

  : L&.$ In1/,nc$ P4/c%1

73

Page 74: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 74/96

RESEARCH

METHODOLOGY

P)+!'em 6+)m-'a$"+*

In %&1 &n1/,nc$ 1c$n,&+ %$$ "$-,&#1 , /'$ c!"$%&%&n 5$%$$n %$ "&-,%$ "#,$1 ,n4 "/5#&c

1$c% "#,$1 6A!n' %$ "&-,%$ 1$c% &%1$#. &' 4$'$$1 . c!"$%&%&n $2&1%16 In %&1

 "$1"$c%&-$ R$#&,nc$ L&.$ In1/,nc$ &1 '&-&n' 1%&.. c!"$%&%&n % LIC ,n4 ICICI "/4$n%&,#6 T$

 "$"#$ ,$ n% !/c ,,$ . R$#&,nc$ L&.$ In1/,nc$ c!",n ,1 c!",$ % LIC ,n4 ICICI

 "/4$n%&,#6 I. %$ "$"#$ ,$ n% ,,$ . R$#&,nc$ L&.$ In1/,nc$ c!",n %$n %$ c!",n &##

n% ,5#$ % !,$ , 5/1&n$11 &n %&1 c!"$%&%&-$ #46

Reea)/ O!e$"=e

• T c!",$ %$ 1c$!$ ,n4 "#&c&$1 . R$#&,nc$ L&.$ In1/,nc$ &% ICICI "/4$n%&,# ,n4

LIC6

• T .&n4 /% %$ c/1%!$ ,,$n$11 . R$#&,nc$ L&.$ In1/,nc$6

Reea)/ #e"(*

A R$1$,c 4$1&'n &1 , "/$# ,n4 1&!"# %$ .,!$ 5#/$"&n% %,% '/&4$ /1 % 1#-$ %$

 "5#$! ,n4 c!"#$%&n' %$ 1%/46 D$1c&"%&-$ $1$,c ,1 5$$n 5$ /1$4 &n %&1 $1$,c 5$c,/1$

, #,'$ n/!5$ . $1"n4$n%1 ,$ % 5$ 1%/4&$4 5,1$4 /"n %$ -,&/1 .,c%16 T&1 D$1c&"%&-$

$1$,c &1 ,4"%$4 % n %,% ,% &1 ,""$n&n' &n %$ !,$% &% $1"$c% % "4/c%1+

c/1%!$1 ,n4 %$& ,%%&%/4$6

S+-)e +6 #a$a

P&!, 4,%,

74

Page 75: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 75/96

S$cn4, 4,%,

P)"ma)& Da$a

P&!, 4,%, &1 , n$ ,n4 .$1 4,%,6 I% &1 c##$c%$4 . %$ .&1% %&!$6

Se+*#a)& Da$a

I ,! c##$c%&n' %$ 1$cn4, 4,%, .! %$ !,n/,#1 . c!",n+ &n%$n$% ,n4 "*$c%1 $"%16

S$cn4, 4,%, &1 ,#$,4 $2&1%16 I /1$ S$cn4, 4,%, % .&n4&n' n$ %&n'1 %,% $#" !$ &n !

$1$,c6

Da$a C+''e$"+* Me$/+#

P&!, 4,%, ,1 5$$n c##$c%$4 %/' %$ S/-$ %$cn&=/$ 5 cn4/c%&n' "$1n,# &n%$-&$6

T$ &n1%/!$n% /1$4 . 4,%, c##$c%&n &1 , 1%/c%/$4 =/$1%&nn,&$+ &c ,1 c#1$4 $n4$4

=/$1%&n16

Sam.'e $e/*"?-e

 Un4$ nn "5,5&#&% 1,!"#&n'6 Cn-$n&$nc$ 1,!"#&n' ,1 /1$4 5$c,/1$ &% &1 cn-$n&$n% % !$

% c1$ ! $1"n4$n% ,1 ,cc4&n' % ! cn-$n&$nc$6

Sam.'e S"e  :  3 R$1"n4$n%1

Sam.'e A)ea :  MORADABAD

DATA ANALYSIS AND INTERPRETATION

F"(-)e 48a9

75

Page 76: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 76/96

  A,$n$11 ,5/% R$#&,nc$ L&.$ In1/,nc$ c6

O/% . 3 $1"n4$n%1 &% 11 %,% 0 ,-$ 1,&4 $1 %,% %$ ,$ ,,$ ,5/% R$#&,nc$ L&.$

&n1/,nc$ c!",n+ 0 "$"#$ ,-$ 1,&4 N %,% %$ ,$ n% ,,$ ,5/% R$#&,nc$ L&.$

&n1/,nc$ c!",n6

F"(-)e 48!9

  A,$n$11 ,5/% M/%/,# F/n41

76

"#$

%#$

#$

#$

'#$

(#$

"#$

)#$%#$

*#$

+E, -O

Reliance Life insuance c"#

+E,

-O

Page 77: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 77/96

O/% . 3 $1"n4$n%1 &% 11 %,% :00 "$"#$ ,$ ,,$ . M/%/,# F/n41

  F"(-)e 489

  G&-&n' 5$%%$ 1$-&c$1

O/% . 3 $1"n4$n%1 &% 11 %,% 7 "$"#$ 1,1 %,% ICICI P/4$n%&,#W &1 '&-&n' 5$%%$

1$-&c$1+ 30 "$"#$ 1,1 %,% L&.$ &n1/,nc$ c",%&n &1 '&-&n' 5$%%$ 1$-&c$1 ,n4 3

 "$"#$ 1,1 %,% R$#&,nc$ L&.$ &n1/,nc$ &1 '&-&n' 5$%%$ 1$-&c$16

  F"(-)e 48#9

77

##$

#$#$

'#$"#$

%#$

.#$

##$

'#$

+E, -O

Mutual Fun!s

+E,

-O

'($(#$

"*$

#$

#$

'#$

(#$

"#$

)#$

%#$

Reliance LIC ICICI Prudential

Reliance

LIC

ICICI Prudential

Page 78: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 78/96

Pei"! "f In$est%ent

.$

(.$

(&$

'($

0M

DM

:0M

:DM

80M

8DM

30M

3DMC0M

less than &yr 

&/) yr )/&# yr more than&# yr 

pei"!

   &  a  '  e  "   f   i  n  $  e  s   t  "    s

78

Page 79: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 79/96

LEARNING AND EXPERIENCE

IN DAS %,&n&n' . S/!!$ In%$n1&" P',! &1 %/# , #$,n&n' ,n4 n#$4'$,5#$

$2"$&$nc$6 On$ .,c$1 !,n '4 ,n4 5,4 $2"$&$nc$1 &n 1/c , %,&n&n' "',! ,n4 #$,n1 , #%

%/' %$1$ $2"$&$nc$16 @$## I .,c$4 %$$ &n41 . $2"$&$nc$1+ .&1% &% c!",n+ 1$cn4

&% c#&$n%1 ,n4 %&4 ,% %$ c##$'$ &n , "$&4 . !n%16

79

Page 80: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 80/96

E2"$&$nc$1 ,n4 #$,n&n'’1 ,% %$ c!",n>  A% %$ c!",n I ,1 '&-$n ./## "4/c%

%,&n&n' &c n% n# &nc$,1$4 ! "4/c% n#$4'$ 5/% ,#1 $#"$4 !$ % "&%c %$ "4/c% &n

, 5$%%$ ,6 A#1 &n c!",n I '% c,nc$ % !$$% $,41 . %$ 4$",%!$n%1 ,n4 '% c,nc$ %

&n%$,c% &% %$!6 T&1 $#"$4 !$ n ,5/% %$ c/#%/$+ c4$ . cn4/c% ,n4 -,&/1

%$ &n' 1%,%$'&$1 %$ ',n&,%&n6 M,n %&!$1 $n I ,1 /n,5#$ % ,c&$-$ ! %,'$%1+

%$ c!",n '/&4$ %#4 /1 % n / 1%,%$'&$16 T&1 $#"$4 !$ % n ! #" ,n4 "#$16

  E2"$&$nc$1 ,n4 #$,n&n'’1 &% %$ c#&$n%1> S!$%&!$1 I '% , c,nc$ % !$$% -$

n#$4'$,5#$ c#&$n%1 ,n4 #$,n n$ %&n'1 "$%,&n&n' % c,"&%,# !,$% ,n4 &%1 .#/c%/,%&n16 N%

n# %&1 1!$ c#&$n%1 ,1$4 !$ 1/c =/$1%&n1 . &c I ,4 % cn1/#% ! $,4 &c 1$$!$4

-$ $!5,,11&n'6 S 1/c c#&$n%1 ,#1 $#"$4 !$ &n #$,n&n' !$ ,5/% %$ !,$%6 T&1 %,&n&n'

,#1 %,/'% !$ %,% n$ 1/#4 ,#,1 5$ "$",$4 "$%,&n&n' % "4/c% n#$4'$ 5$.$ '&n'

% %$ c/1%!$6

E2"$&$nc$1 ,n4 #$,n&n' &n %$ c##$'$> In c##$'$ $-$ S,%/4, I ,1 '&-$n c#,11$1 .

,"%&%/4$+ '/$1% #$c%/$1 .! -,&/1 &n4/1% $,41 ,n4 &n%$-&$ ,n4 '/" 4&1c/11&n16 S %&1

,1 , -$ '4 ",% . ! %,&n&n' ,1 %$ '/$1% #$c%/$1 1,$4 %$& c",%$ $2"$&$nc$ ,n4

4 %$ ,n4#$ "5#$!1 &n 4, % 4, #&.$6 N% n# ,1 %&1+ $-$ $$ %" "$.!$

,,4 ,1 '&-$n6 T&1 !%&-,%$4 !$ % &n , 5$%%$ , % ,c&$-$ %$ ,,416 T$ ,"%&%/4$

c#,11 $#"$4 &n &nc$,1&n' $,1n&n' ,n4 ,"%&%/4$ 1&##16 N% n# %&1 ,1 %$ 5$1% ",% %$

&n%$-&$ ,n4 '/" 4&1c/11&n 1$11&n1 4n$ 5 C,$$ L,/nc$ $$ I #$,n% &n%$-&$ 1&##1

,n4 =/$1%&n ,n4#&n' 1&##16

80

Page 81: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 81/96

FINDING AND ANALYSIS

81

Page 82: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 82/96

A6$e) ."$/"*( 422042 .e+.'e "* $/e ma)>e$ m& )eea)/ a*# 6"*#"*( a)e:

F"(-)e 4

00$

&$0M

0M

C0M

E0M

80M

:00M

:0M

yes no

F"(-)e 1

82

Page 83: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 83/96

In$est"(s Pefeence

)$

"%$

')$

"$

&*$($ 1an2 FD

 Mutual Funds

Insurance

PPF3Post office

schemes

Direct equity

others

F"(-)e

83

Page 84: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 84/96

P"ti"n "f inc"%e in$est

'($

"%$

(&$

#$

&#$

'#$

(#$

"#$

)#$

4elo5 '#$ '#/"#$ a4ove )#$

&a'e "f inc"%e in$est

   &  a  '  e  "   f   i  n  $  e  s   t  "    s

84

Page 85: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 85/96

Page 86: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 86/96

Page 87: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 87/96

LIMITATIONS

 N%&n' &n %&1 #4 &1 ,-,&#,5#$ . .$$6 T$$ ,$ ,#,1 1!$ %$ %$ cn1%,&n%1 &c

4n’% #$% n$ ,c&$-$ %$ ',#16 T$1$ cn1%,&n%1 n% n# 5$c!$ 51%,c#$ &n %$ , % 1/cc$11

 5/% ,#1 4$c$,1$ %$ cn.&4$nc$ #$-$#6

87

Page 88: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 88/96

A1 $n ! 1/!!$ &n%$n1&" 1%,%$4+ I ,1 -$ $2c&%$4 ,5/% &%+ ,5/% %$ SIP C!",n+ !

%,'$%1 ,n4 ! &n' ,1 %&1 ,1 ! $n% % c",%$ #46

V+'a$"'e S/a)e Ma)>e$:

 O/ SIP 1%,%$4 $n %$ !,$% ,1 -$ 4n &% &' -#,%&#&%+ 1 &% ,1 %$ 5&''$1%

c,##$n'$ . /1 % cn-&nc$ "$"#$ % $-$n %,# % /16 T$ 1,$ !,$% ,1 n% ,% ,## $1"n4&n'

,n4 1,!$ ,1 %$ 1c$n,& &% %$ "$"#$ &n %$ !,$%6

C+m.e$"$"+*:

T$ n$2% %&n' %,% &% ! &n' ,1 c!"$%&%&n &n %$ !,$%6 A/n4 3 c!"$%&%1 ,n4

1,!$ !,$%+ &% ,1 $,## %/' % cn-&nc$ %$ "$"#$ $$ #4&n' , 4$!,% ,cc/n%6 N

4/5% R$#&,nc$ Mn$’1 "4/c% ,1 %$ c$,"$1% &% !,n -,#/$ ,44&%&n1 5/% n %$ '/n41 .

1$-&c$1 "$"#$ $$ n% $,4 ,1 %$ $$ 1,%&1.&$4 &% %$& "$-&/1 c!",n ,n4 $$ n%

1/$ &. ! c!",n /#4 '&-$ %$! %$ 1,!$ 1$-&c$6

N+ +*=e&a*e /a)(e ("=e*:

I ,1 '&-$n n ,##,nc$1 . cn-$,nc$ ,n4 %$ $2"$n1$1 &c ,!"$$4 ! &n' %

1!$ $2%$n%6 I. I ,4 1!$ ,##,nc$ .! %$ c!",n+ I c/#4 &n 5$%%$ ,6

T"me C+*$)a"*$:

 T&!$ cn1%,&n% ,1 n$ . %$ !,* cn1%,&n%1 ,1 I ,1 % "$.! */1% &n 8 $$16

E<"$"*( F)a*/"ee:

88

Page 89: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 89/96

A1 . .,nc&1$$ I ,#1 ,4 % '&-$ %$ '4 % #$,41 ,n4 %$$ $$ ,#$,4 : .,nc&1$$ &n

H,#4,n&6 S !1$-$ I %,'$%$4+ $./1$4 5 1,&n' %,% c!",n &1 ,#$,4 ,-&n'

.,nc&1$$1 ,n4 %&1 &## ,..$c% %$& c/1%!$1 ,1 %$ .,nc&1$$ &## % % "/1/$ %$!6

T)a"*ee Pe).e$"=e:

An%$ %&n' "$"#$ $$ $./1&n' !$ ,1 n %$ '/n4 %,% $ $$ */1% %,&n$$1 ,n4 /#4 '

,.%$ 3 DAS ,n4 %$n /#4 "-&4$ %$! 1$-&c$6 S %&1 ,1 ,#1 , 5&' c,##$n'$ . !$

% ,n4#$ &% 5 cn-&nc&n' %$! %,% I /#4 #&n %$! &% %$ c!",n’1 .,nc&1$$1 ,n4 5$ &n

cn%,c% &% %$! $-$n ,.%$ ! %,&n&n'6

Pe)+*a' C+mm""+*:

M1% . %$ c#&$n%1 $$ ,1&n' . c!!&11&n $ $$ '$%%&n' ,n4 %,% $ /#4 '&-$ %$!6 S

&% ,1 -$ ,4 % cn-&nc$ %$! %,% n$&%$ $ $$ '$%%&n' ,n%&n' n $ c,n '&-$ %$! ,n

$5,%$6

Ve)& Fe% PAN Ca)# H+'#e):

On$ . %$ 5&''$1% #&!&%,%&n1 ,1 %,% !,n "$"#$ $$ &n%$$1%$4 &n 5/&n' DMAT

,cc/n%1 5/% %$ 4&4 n% ,-$ PAN c,416 S .&1%# I ,4 % %$& PAN c,416

89

Page 90: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 90/96

Page 91: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 91/96

• SIP &1 %/# %,/'% !$ % !,n,'$ %&n'1 &n ",c%&c,# ,6

• T$!1 #&$ c11 1$##&n'+ NAV $%c ,-$ c!$ % %$& $,# "&c%/$ &n 1/!!$ &n%$n1&" ,1

%$& %&!$ % %&!$ /1,'$ ,1 1n !$ %$& &!"%,nc$6

T&1 ,1 , -$ '4 ""%/n&% . !$ % n$ / 1&##1 ,n4 n#$4'$ ,5/% %$ ./n4,!$n%,#1

. F&n,nc$+ S,#$1 < M,$%&n' 1 %,% $n I 1%$" &n% %$ c",%$ #4 I &## 5$ ,5#$ % ,""#

%$1$ $2"$&$nc$1 % ,c&$-$ 5$%%$ $1/#%1 %$$5 ,44&n' -,#/$ % %$ ',n&,%&n6

91

Page 92: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 92/96

RECOMMENDATIONS

B,1$4 n %$ !,$% 1%/4+ n$ c#&$n%1 ,n4 $2&1%&n' c#&$n%1 .##&n' $c!!$n4,%&n1 c,n 5$

'&-$n . !$ 1,%&1.,c%&n . c/1%!$1 ,1 $## ,1 !$ 1,#$ . "4/c%6

Re+mme*#a$"+* )e'a$e# $+ a+-*$ +.e*"*(

T&!$ %,$n % ,cc/n% "$n&n' &1 % #n' &6$6 89: 4,1 &n c!",&1n &% %$ DP’1

 "-&4&n' %$ ,cc/n% "$n&n' &n 98 4,1 ,n4 1!$%&!$1 $-$n &n 3 4,1+ 1 %$ %&!$ #&!&%

1/#4 5$ $4/c$4 1 %,% /1$1 ,$ &n%$$1%$4 &n "$n&n' %$ ,cc/n%6

92

Page 93: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 93/96

D+-me*$ )e?-")e# 6+) a+-*$ +.e*"*( a)e $++ -*"?-e a*# +*6-"*(

 N/!5$1 . 1&'n,%/$1+ &c ,$ !,4$ 5 %$ c#&$n%1+ ,$ % !,n+ , /1$ ,1 % 1&'n

,5/% 37 1&'n,%/$1+ ,n4 n/!5$1 . 1&'n1 !/1% %$$.$ 5$ $4/c$46

C-$+me) a)e e)="e /+-'# !e m+)e 6+-

C/1%!$ 1$-&c$ 1/#4 5$ !$ .c/1 ,n4 ',n&,%&n 1/#4 %,$ c,$ %,% c/1%!$

TAT (%/n ,/n4 %&!$) &n , #$,1% "$&4 . %&!$6

C+m.a*"e /+-'# "m.)+=e $/e") )eea)/ a*# #e=e'+.me*$ #e.a)$me*$

C!",n 1/#4 .c/1 n $2%$n1&-$ $1$,c ,n4 4$-$#"!$n% % #,/nc !$ "$.$$4

,n4 ,cc$"%,5#$ .&n,nc&,# "4/c% &n %&1 -#,%&#$ !,$%6

BIBLIOGRAPHY

5e!"$e

6''#$6c6&n

6&&"$4&,6c!

6,!.&6c!

6&4,6c!

93

Page 94: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 94/96

6!n$cn%#6c!

6$#&,nc$!n$6c!

Ma(a"*e a*# Ne%.a.e)

Ecn!&c T&!$1

T&!$1 . In4&,

P’1

M/%/,# ./n41 In1&'%1

94

Page 95: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 95/96

ANNEXURES

Q6:9 D&4 / 4 / .&n,nc&,# "#,nn&n'

o $1 ( )

o  N ( )

Q69 @,% ,$ / &n-$1%&n' "$.$$nc$1

o B,n FD ( )

o M/%/,# F/n41 ( )

o In1/,nc$ ( )

o D&$c% $=/&% ( )

o PPF;P1% ..&c$ 1c$!$1 ( )

Q639 H !/c "%&n . &nc!$ / &n-$1%

o B$# 0 ( )

o 0 % 0 ( )

o A5-$ 0 ( )

Q9 F ,% 5*$c%&-$ 4 / &n-$1%

o G% ( )

o S,-&n' ( )

95

Page 96: Analyss of Mutual Fund and Life Insurance

8/13/2019 Analyss of Mutual Fund and Life Insurance

http://slidepdf.com/reader/full/analyss-of-mutual-fund-and-life-insurance 96/96

o T,2 1,-&n' ( )

o F&n,nc&,# S$c/&% ( )

Q9 @ ,$ / "$.$$4 .&n,nc&,# ,4-&1

o R !n$ ( )

o In4&, B/##1 ( )

o ICICI ( )

o ,- ( )

o R$#&',$ ( )

o O%$ 5$1 ( )

Q9 F !/c "$&4 / "$.$ &n-$1%&n'

o L$11 %,n : ( )

o : % 1 ( )

o % :0 1 ( )