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SUBMITTED TO: HEMCHANDRACHARYA NORTH GUJARAT UNIVERSITY, PATAN IN THE PARTIAL FULFILMENT OF THE TRAINING PROJECT IN M.B.A. PROGRAMME SUBMITTED BY: MAHESH.J. RAVAL UNDER THE GUIDANCE OF: Mr.Maheshbhai Makawana Motilal Oswal Securities Ltd. Prof. K.K.Patel S.K.S.B.M, Patan.
I, Mr. Mahesh. J. Raval do hereby declare that the project report titled "Awareness about company fixed Deposits" is a genuine research work undertaken by me and it has not been published anywhere earlier. Date: Place: Mahesh. J. Raval SKSBM, Patan.
Mr. Maheshbhai Makawana
Product Head (MF), Motilal Oswal Securities Ltd
This is to certify that Mr. Mahesh. J. Raval in M.B.A at Sevantilal Kantilal School of Business Management, Patan has worked under my supervision and guidance on him dissertation entitled "Awareness about Company Fixed Deposits" at Motilal Oswal Securities Ltd., Mehsana from May 17th 2009 to July 20th 2009. " To the best of my knowledge this is an original piece of work.
A program of Sevantilal Kantilal School of Business Management. S.B. J. is a bonafide record of work done by Mr. Raval. School of Business Management. S.K. and submitted in partial fulfillment of the requirements of M. Mahesh.B.. PATAN 4 .MOTILAL OSWAL SECURITIES LTD. Mehsana.M.K.S. Prof. CERTIFICATION BY THE FACULTY GUIDE This is to certify that the project report entitled "Awareness about Company Fixed Deposits" at Motilal Oswal Securities Ltd. Patan. Patan.
Financial department. it is possible that the theoretical knowledge acquired in the classroom may differ from the practical knowledge. He is enriched with the practical training. got this opportunity to know what is actually happening in a company.B. HR department.K.MOTILAL OSWAL SECURITIES LTD. Customer care department and Technical department.M. I have sincerely acquired all the necessary information for my project report during my training period. PREFACE It is true that the world outside your cozy home is many a time quite different from what you have perceived. I have taken training at Motilal Oswal Securities Ltd.A. S.S. I as a student of M. I hope that this report will satisfy the object requirement. PATAN 5 . Similarly. The main areas covered during the training period are: Marketing department.B. In order to make an individual aware of the practical implication of what he has learned.
Pandya.MOTILAL OSWAL SECURITIES LTD. Vijaybhai Patel (Branch Head. PATAN 6 . who have helped me in the successful completion of this project.K. Jay. Dimes Panchal .S.B.Oza and Mr. I also thank Prof.S. I am highly indebted to Mr. faculty guide. whose constant support and blessings helped me throughout this project. I also thankful to my peers. My sincere gratitude to Mr. Palkesh Prajapati. Maheshbhai Makawana Product Head for providing me with an opportunity to work with Motilal Oswal Securities Ltd. my heartfelt love for my parents.K.Sanjaybhai Patel and Mr. Jay. the same happened with me during this project. Last but not the least. SKSBM.K. Motilal Oswal Securities Ltd) and all of the members of mass consultancy.Patel.K. Patan who has sincerely supported me with the valuable insights into the completion of this project. I am grateful to Mr. The immense help and support received from Motilal Oswal Securities Ltd overwhelmed me during the project. Mr. S.Hirenbhai Patel. Mr. company project guide.M. Dipak Prajapati and Priyanka Contractor who help me to complete this project on time. who has provided me with the necessary information and his valuable suggestion and comments on bringing out this report in the best possible way.Vishalbhai Patel. Parthbhai Raval. Mr. ACKNOWLEGDEMENT Sometimes words fall short to show gratitude. special mention of Mr. Kiranbhai Patel.
B. Some of them are: why has it become one of the largest financial intermediaries? How investors do choose company to invest in Fixed Deposits? Most popular stocks among fund managers. S. The language has been kept simple so that even a layman could understand. EXECUTIVE SUMMARY This project has been a great learning experience for me.S.M. One can have a brief knowledge about Fixed Deposit and all its basics through the project. at the same time it gave me enough scope to implement my analytical ability. Other than that the real servings come when one moves ahead. most lucrative sectors for fund managers. PATAN 7 . All the data have been well analyzed with the help of charts and graphs. does fund performance persists and the topping of all the servings in the form of portfolio analysis tool and its application.MOTILAL OSWAL SECURITIES LTD. This project as a whole can be divided into two parts: The first part gives an insight about the Fixed Deposit and its various aspects. It is purely based on whatever I learned at Motilal Oswal Securities Ltd.K. a special report on Fixed Deposit. Some of the most interesting questions regarding Fixed Deposit have been covered. All the topics have been covered in a very systematic way.
MOTILAL OSWAL SECURITIES LTD. The second part consists of data and their analysis. It has also covered how many times people prefer to invest their money and about which group of people invest their money in fixed deposits I learn lost of things and quality of manager with practical experience. The data collected has been well organized and presented. PATAN 8 .B.K. collected through a survey done on 116 people through questionnaires. Mahesh Raval S. Hope the research findings and conclusions will be of use. It covers the topic "Awareness about Company Fixed Deposits".S.M.
15 7.4 8.14 7.NO 1 2 3 4 5 6 7 7.11 7.B.3 8.9 7.12 7.13 7. PATAN 9 .MOTILAL OSWAL SECURITIES LTD.16 7.4 7.M.1 8.8 7.K. SR.17 7.5 PARTICULARS Declaration Certification By The Organization Certification by the Faculty Member Preface Acknowledgement Executive Summery Background Of Company Corporate Profile Vision & Value of MOSL History & Milestones Testimonials Organization Profile MOSL & Subsidiaries Companies Services providing by MOSL About The Fixed Deposits Types Of The Fixed Deposits Bank Fixed Deposits Company Fixed Deposits Types Of Company Fixed Deposits Investment Objectives Investment Drawbacks How Can Invest In Company Fixed Deposits Objectives of The Fixed Deposits Benefits of The Fixed Deposits Drawbacks of The Fixed Deposits Data Analysis of Questionnaire & Interpretation Objectives of The Research Scope Of The Study Data Sources Sampling Methodology PAGE NO S.7 7.5 7.2 8.18 8 8.2 7.6 7.1 7.S.3 7.10 7.
S.B. 8.6 9 10 11 12 13 14 The Respondents of Questionnaire Questionnaire Data Analysis & Interpretation SWOT Analysis Research Findings & Conclusion Recommendations Bibliography S. PATAN 10 .M.K.MOTILAL OSWAL SECURITIES LTD.
18 times in S. The issue which was priced at Rs. Today company is a well diversified financial services firm offering a range of financial products and services such as Wealth Management Broking & Distribution Commodity Broking Portfolio Management Services Fixed Deposits and Bonds Institutional Equities Private Equity Investment Banking Services and Principal Strategies Company has a diversified client base that includes retail customers (including High Net worth Individuals). mutual funds. company had 5.B. CORPORATE PROFIL Motilal Oswal Securities Ltd. research-based value investing and implementation of cutting-edge technology has enabled us to blossom into an almost 2000 member team. 41.825 per share (face value Rs. with just two people running the show. the Company placed 9.289 Business Locations operated by its Business Partners and it. (MOSL) was founded in 1987 as a small sub-broking unit.S.M. foreign institutional investors. In 2006. 2009. The company got listed on BSE and NSE on September 9.48% of its equity with two leading private equity investors based out of the US – New Vernon Private Equity Limited and Bessemer Venture Partners. PATAN 14 .MOTILAL OSWAL SECURITIES LTD. 2009. Company's headquarter is in Mumbai and as of March 31st. ethical and transparent business practices. respect for professionalism. As at March 31st. 2007. financial institutions and corporate clients.K.5 per share) got an overwhelming response and was subscribed 27.372 registered customers. Focus on customer-first-attitude. had a network spread over 548 cities and towns comprising 1.
last year.7 bn and market capitalization as of March 31.3. 2008 was Rs. For year ended March 2008.S.MOTILAL OSWAL SECURITIES LTD. the company showed a strong top line growth of 91% to Rs.19 bn.B. The issue gave a return of 21% on the date of listing.7 bn as compared to Rs. As of end of financial year 2008. turbulent market conditions.1 S. New businesses like investment banking.M. PATAN 15 . asset management and fund based activities have contributed to this growth. Credit rating agency Crisil has assigned the highest rating of P1+ to the Company's short-term debt program. the group net worth was Rs.K. Motilal Oswal Financial Services Limited is the holding company of the following five subsidiaries: CHART.68 bn.
M.B. Vision : S.K.MOTILAL OSWAL SECURITIES LTD. Vision & Values of Motilal Oswal Securities Ltd.S. PATAN 16 .
B.MOTILAL OSWAL SECURITIES LTD.M. recognized and rewarded in an apolitical environment High energy and self motivated with a "Do It" attitude and entrepreneurial spirit. Values(Mission): Integrity Team Work Meritocracy Passion & Attitude Excellence in Execution A company honoring commitment with highest ethical and business practices Attaining goals collectively and collaboratively Performance gets differentiated. Time bound results within the framework of the company's value system S.S.K. PATAN 17 .
. spread over 26.000 sq ft in Malad. 'to build a professional organization with strong value systems. Thus was born their first enterprise called "Prudential Portfolio Services" in 1987.1 – Best recommendations Mid & Small Caps' and won awards in 3 out of 4 categories at the Starmine India Broker Rankings 2009 from Thomson Reuters • 2008 • MOSL awarded the prestigious Nasscom .Best Overall Country Research .2008 • MOSL awarded 'The Best Franchisor in Financial Services' by Franchisee World Magazine 2008 for the second consecutive year • MOSL creates one of India's largest Equity Dealing & Advisory rooms. when Mr. 2009 Motilal Oswal Securities Ltd. Motilal Oswal and Mr. Raamdeo Agrawal met each other as students in a Mumbai suburban hostel in the early eighties.CNBC TV 18 IT User Award . HISTORY & MILESTONES The story of Motilal Oswal Securities Ltd (MOSL) goes back many years. Both the young chartered accountants hailing from a rural & an unpretentious background had a common dream viz.S.K. Mumbai • Motilal Oswal's India Business Excellence Fund raised USD 125 million. to provide reliable & honest investment advice to investors'.MOTILAL OSWAL SECURITIES LTD. enters 'Limca Book of Records' for creating India's largest dealing room in Mumbai • MOSL was 'Rated No. PATAN 18 .M.B.Local Brokerage S. 25% higher than the initial target of USD 100 million • D & B survey rates MOSL as India's top Broking House in terms of total number of trading terminals • MOSL alliance with IDBI Bank to offer Online Trading Services • Asia Money Brokers poll 2007 rates Motilal Oswal Securities Ltd.
M. in less than a year it has managed to sign up more than 10. PATAN 19 .Purple • Motilal Oswal Commodities Broker Pvt Ltd (MOCBPL) bagges Globoil India's prestigious 'Outstanding Commodity Broking House 2007' Award • Motilal Oswal Financial Services ltd. Motilal Oswal . • Motilal Oswal Financial Services Ltd files RHP with SEBI for an IPO • Motilal Oswal Financial Services Ltd. consumer. healthcare. • Launches the India Business Excellence Fund (IBEF). 2007 • The Strategic partnership between MOSL and SBI . features as a case study in Harvard Business School • Motilal Oswal Financial Services Ltd ties up with Punjab National Bank to offer online trading to its customers 2006 • Organizes the second India Conference with Bear Stearns New York featuring discussion panels and presentations by prominent business leaders and senior management of Indian companies in banking.Chairman and Managing Director has been appointed as a member of the Managing Committee of Indian Merchant Chambers.Starcom Mediavest Survey • Introduces a separate brand for Private Client Group . gets listed on the BSE & NSE • Mr. technology. S. oil and gas.K.EZtrade reaches an important milestone i. a US$ 100 mn India focused Private Equity Fund.MOTILAL OSWAL SECURITIES LTD.B.e.S. infrastructure and other key sectors.000 customers • Starts Knowledge First campaign • Motilal Oswal was perceived as the most Research driven stock trading player .
• Places 9. • Investment Banking business advises Aban in their majority controlling stake of Sinvest ASA – one of the largest investment banking deals of 2006. First advice-based online trading proposition in the Indian markets. 2005 • Organizes the first India Conference with Bear Stearns in New York. 75.S.M.Value Hedging for derivatives and Discover Value for the Rs. • Another milestone in distribution – over 1000 outlets. India's largest such conference of its kind in the US.Peninsular Capital Markets. PATAN 20 . • Employee base crosses 2000 and Business Associate base crosses 1000.000 customers. over 375 cities.29% with two leading private equity investors . • Relaunches its e-Broking service through a nationwide campaign. S. Also acquires 3 more brokerage firms in UP and Gujarat. • Acquires a leading south Indian brokerage firm . • Enters Private Equity and Investment Banking businesses. • Value PMS gives 390% returns to its investors between Feb 2003 and March 2006.New Vernon Private Equity Limited and Bessemer Venture Partners.Best Local Brokerage. • Issues 14% of companies equity to employees as ESOPs. Best in Sales and Service.B. serving over 1. 50 lakh category.K.MOTILAL OSWAL SECURITIES LTD. MOSL Independent Research House. • Launches two new Portfolio Management Schemes . • Asia money Brokers Poll 2005 rates Motilal Oswal Securities . 5 lakh to Rs.
More in the pipeline. • Acquires local brokerage Gayatri Capitals from Andhra Pradesh and Varghese from Karnataka.B. Uniquely structured performance related fees. 2004 • Presence expanded to 270 outlets in 150 cities and 20 states. • 9 own branches setup at 7 cities to provide Equity Advisory Services. • 150 outlets in 110 cities across 18 states & one Union Territory in India manned by 1000 people servicing over 15. • Value PMS delivers a whopping 160% post tax returns for the period ended April • Bulls Eye PMS . 20. • Deepest distribution in the stock broking segment with 700 outlets in 320 cities and 1. • MOSt Portfolio Management Services launched with Mr.K. • Start of the Solid Research Solid Advice campaign.000 Retail and Institutional Investors. Auto and Infrastructure sectors.000 Depository accounts. PATAN 21 . • Inquire team is successful in capturing the uptrend in Banking. Raamdeo Agrawal as the Portfolio Manager. S.000 customers. • Received the Asia Money award for the Best Overall Domestic Research House-Mega funds. 2003 • Enters the mutual fund and IPO distribution business.S.M.MOTILAL OSWAL SECURITIES LTD.A momentum based PMS launched. • Crossed 15.
Head of Equity Research & Institutional sales. S. • Both Mr.M. • Direct servicing of HNI clients is initiated. Navin Agarwal.S. PATAN 22 . Motilal Oswal and Mr. • Retail network completes coverage of 100 cities in India. 2002 • Mr.MOTILAL OSWAL SECURITIES LTD.K.B.2nd best among Indian Brokerage firms. Raamdeo Agrawal receive Rashtriya Samman Patra from Central Board of Direct Taxes for being amongst the top 50 tax payers in India from FY94-FY98. • Crosses 10. • Received the Asia Money Award . inducted in the Board of Directors. Franchisees and Channel Partners.000 Depository accounts. • Starts offering Derivatives products and advisory services on both BSE as well as NSE. 2001 • Legendary marketing guru Shunu Sen's services taken to revitalise retail marketing strategy and branding efforts. • MOSt consolidates its retail operations & upgrades its IT / Back Office infrastructure to cater to its growing network of branches. 2000 • Received the Asia Money award for the Best Domestic Equity house.
• Acquires its 100th Franchisee / Channel Partner and emerges as a leading player in the Indian Broking Sector.MOTILAL OSWAL SECURITIES LTD.com launched. • Becomes a Depository Participant of National Securities Depository Limited (NSDL). • www.S.M. 1999 • Mr. Motilal Oswal joins the Governing Board of The Stock Exchange. First broking house in India to go on the web. • Inducts Mr.B. on its Board to Directors to shape HR initiatives. He still continues to attend it every year. 1998 • Mr. PATAN 23 .K. • The Wealth Creation Study started in 1996 culminates into Wealth Creation Seminar and Awards function in 1998. • First Stock Broking house to brand its services as a research and advice based broker. • "Wealth Creation" Campaign started. Raamdeo Agrawal starts attending legendary billionaire investor Warren Buffett's Annual General Meetings of Berkshire Hathway Inc.MotilalOswal. former country head of Watson Wyatt Worldwide. Mumbai. Ivan Mathias. • Becomes a Depository Participant of Central Depository Services Limited (CDSIL). S.
S. Motilal Oswal and Mr. First of its kind study initiated to identify biggest and fastest wealth creating companies in Indian Stock markets. 1987 • Mr. ft office in South Mumbai with bigger and better quality infrastructure than the corporate office. 1995 • "Motilal Oswal" gets incorporated as Motilal Oswal Securities Ltd.M. S. • Inquire (Indian Equity Research) is formally created at a 2500 sq. "Motilal Oswal" is formed through acquisition of membership on The Bombay Stock Exchange (BSE). Three more memberships taken in later years.MOTILAL OSWAL SECURITIES LTD. Raamdeo Agrawal lay the foundation of a great partnership by starting a sub-broking firm. First Domestic Stock broking house to have such a strong Research focus.K.B. PATAN 24 . 1994 • MOSt acquires NSE Membership and plans for major expansion of its retail network. • "Motilal Oswal" enters Institutional Broking business. 1996 • Wealth Creation Study started. 1990 • After just three years in the business. Since then nearly 20% of revenue is allocated to research. The venture stands out from the rest due to their approach of Research-based broking even when sub-brokers.
K.Raymond N. These (Wealth Creation) reports have become handy reference guides to corporate performance. The Indian Hotels Company Ltd. Motilal Oswal Securities has been rated as the best in research by AQ research of UK in March 2006" -Hindustan Times "Sheer hard work.M. Research was their forte and today providing research backup to brokerage clients has become a part of the game for all brokerage houses of repute. TESTIMONIALS "I have glanced through the 11th Wealth Creation Study and it indeed is informative. focused research and consistent and logical investment philosophy is what sets apart companies like Motilal S. -Shri Prithviraj Chavan.B." -Mr. PATAN 25 .S. I find them very useful indeed -S M Datta Peerless General Finance & Investment Co. Ltd. "Firms like Motilal Oswal are playing a very major role of taking the equity cult deep into the rural areas through presence in 4000 terminals throughout the country in electronic trading". September 2006 "Motilal Oswal is embarking on a path to become a full-fledged financial powerhouse. Government of India. Minister of State in the Prime Ministers Office.MOTILAL OSWAL SECURITIES LTD. Bickson Managing Director." -Business India "Motilal Oswal Securities is the most successful brokerage house ever. At the Bear Sterns 2nd Annual India Conference.
Oswal. . PATAN 26 . Therein lies a lesson. -A Business Associate S.K. If they can do it.S. follow the leader and you have plenty of them in the Indian market. So keep it up and remember we have to grow at least 30% next quarter".B. Strategist. -An EAG Client "One can define the service of Motilal Oswal Securities as: To give real service you must add something which cannot be bought or measured with money. Pioneer Intermediaries "I am sure you will take care of my investments while I am out .MOTILAL OSWAL SECURITIES LTD. We did 40% thereabouts over last quarter compared to 30% through my equity mutual fund. .M. Your Relationship Manager's understanding is good and is capable of showing good results. Never try to reinvent the wheel." -Sandeep Shenoy. and that is sincerity and integrity followed by dedicated support from all departments of the office". so can others. They have risen to the top because of their single-minded focus on investment philosophy and did not deviate despite swings in the market.
B. Raamdeo Agarwal in 1987. in execution and in settlement. S. If you give good service and value to your clients.K. ORGANIZATION PROFILE Mr. He is currently a member of various committees of CDSIL and SEBI. Motilal Oswal and he has not only practiced it himself but also made efforts to inculcate similar values in the employees of the organization.MOTILAL OSWAL SECURITIES LTD. in research. PATAN 27 . He had been elected as a Director of BSE and joined its governing board in 1998. He is a member of Institute of Chartered Accountants of India and started the business along with the co-promoter Mr. "Service is required in everything. transparency and client goodwill form the core of his business practice. It is going to be the key to survival.S.Business Administration is his forte. Motilal Oswal is the promoter of Motilal Oswal Securities Ltd. Motilal Oswal Chairman and Managing Director Mr." This has been a strong belief of Mr. He is currently a member of the NSE committee for F&O. it ill translates into good business.M. Honesty.
Raamdeo Agrawal is the man behind the strong research capabilities at Motilal Oswal Financial Services Ltd. He has also featured on 'Wizards of Dalal Street on CNBC TV 18'. PATAN 28 . along with co-author. Agrawal has received the "Rashtriya Samman Patra" awarded by the Government of India for being amongst the highest Income Tax payers in the country for a period of 5 years from FY95–FY99. Raamdeo Agrawal Joint Managing Director Mr.MOTILAL OSWAL SECURITIES LTD. Agrawal specialises in equity research.B. Mr. He has been authoring the annual Motilal Oswal Wealth Creation Study since its inception in 1996. he wrote the book 'Corporate Numbers Game'. Mr.S. Mr. In 1986. He is an Associate of Institute of Chartered Accountants of India and also a member of the National Committee on Capital Markets of the Confederation of Indian Industry. S.K. Mr. Ram K Piparia.M.
he has also been instrumental in building an Institutional Derivatives business when derivative products were introduced in the Indian markets. Leveraging on the dominant positioning in institutional business.M. Kharagpur.MOTILAL OSWAL SECURITIES LTD. He heads the Institutional Broking business and has been instrumental in building a market leading position with domestic and foreign institutional investors. PATAN 29 . and Institute of Company Secretaries of India. He has also done his Masters in Business Administration from University of Delhi. a market leading position has been established by MOSL. Navin Agrawal Director Mr.K.B. Here again. Under his leadership. S. Ashutosh Maheshvari holds a bachelor's degree in technology (Chemical Engineering) from the Indian Institute of Technology.AshutoshMaheshwari CEO – MOIAPL Mr.S. Institute of Cost & Works Accountants of India. Mr. Mr. the firm has been rated as The Best Indian Brokerage House by Asia money 2005. He is a member of Institute of Chartered Accountants of India. Navin Agarwal is on the Board of Motilal Oswal Financial Services Limited.
he was the Executive Director with Rabo India Finance Private Limited.MOTILAL OSWAL SECURITIES LTD. Mr. Maheshvari has 13 years of experience in the financial sector and has held various senior positions. Previously. Prior to joining our Company.B. S. he has worked with CRISIL and ICI India Limited.M.S.K. PATAN 30 .
and is a professionally qualified Chartered Accountant from The Institute of Chartered Accountants of India.M. Mr. Tulsyan was Director. Xaviers College. Mumbai and ANZ Grind lays Bank Limited.MOTILAL OSWAL SECURITIES LTD.K.S. Corporate Finance with Rabo India Finance Private Limited. Previously.MOPEAPL Mr. He is an allIndia rank holder in Chartered Accountancy.Vishal Tulsyan CEO . Vishal Tulsyan holds a bachelor's degree in commerce from St. Kolkata S. PATAN 31 .B. Mr. a subsidiary of Rabo bank International. He has over 10 years of experience in corporate finance and has held various senior positions. Kolkata University. Prior to joining MOFSL. he worked with SBI Capital Markets Limited.
Post completing his CA and MBA. Rajgarhia then went on to head the research team and now has been associated with MOSL for over 7 years. He joined Motilal Oswal in 2001 as a research analyst.Rajat Rajgarhia Director – Research Mr. Rajat Rajgarhia started his career with his family run broking business in equities. S. PATAN 32 .MOTILAL OSWAL SECURITIES LTD.S. Mr.M. Mr.B.K. he joined Indiainfoline for a short stint in the research function.
MOTILAL OSWAL SECURITIES LTD.M.B. He than moved on as Sr. Rajesh Dharamshi Director . PATAN 33 .Institution Sales Equity & Derivatives for Refco (Now MF Global). VP . Mr. S.S.Mr.K. He is also a Director on the board of Motilal Oswal Commodities Broker Pvt Ltd & Motilal Oswal Capital Markets Pvt Ltd. He was Head of Institution of HRS from 2000-2002. He currently heads Institutional Trading (Cash & Derivatives) at MOSL.Institutional Trading Mr.Dharamshi joined Motilal Oswal as Head of Institutional Derivatives in 2003. Rajesh Dharamshi started his career with Hemendra R Sheth (Member of BSE & NSE) and went on to a very long stint with group.
Mr.S. After ICICI. He was rated #1 sales person for India in the Asia Money Brokers poll for 2 consecutive years in 2006 and 2007.B. Post Anand Rathi Securities.JayeshParekh Director . PATAN 34 . Mr.MOTILAL OSWAL SECURITIES LTD. he joined Anand Rathi group and worked in different functions including corporate advisory and equity research. Jayesh Parekh began his career with ICICI as a management trainee after securing ranks in Intermediate and Final exams of Chartered Accountancy. he joined SMIFS Securities and worked for 5 years as head of research.M. Mr.Institutional Sales Mr.K. Parekh is Head of Institution Sales for MOSL S. Parekh joined Motilal Oswal in 2003.
Manish Shah is a graduate from the Institute of Cost and Work Accountants of India and a Certified Financial Analyst from the Institute of Chartered Financial Analysts of India. S.K. He currently heads the Equity business and is also responsible for Business Strategy and Product Development. PATAN 35 .B.MOTILAL OSWAL SECURITIES LTD.S. Mr. he joined Info -Invest Group as Research Analyst and later was responsible for developing the Institutional and Retail business. BusinessStrategyand Product Development Mr. Shah had a brief stint with a proprietary firm KG Vora in 1991. Mr.ManishShah AssociateDirector.M. Mr. In June 1992. Shah joined MOSL in 1999. He then worked as a manager at Mafatlal Securities Ltd from July 1995. where he was involved in developing the IPO Business.
PATAN 36 . His last role was as the CEO and Executive Director of State Street Syntel Services. Rakesh is a B. Asset Management Business Mr.M. Delhi College of Engineering & an MBA (Finance). Mr. he has held various positions in organizations such as TCG Investments and Unit Trust of India (UTI Mutual Fund). NMIMS. Rakesh heads the Asset Management Business. In addition. (Computers). Nitin Rakesh has over 13 years of experience in the Financial Services industry. Mr. the JV between State Street Bank (NYSE: STT) & Syntel (NASD: SYNT).B.S.K.MOTILAL OSWAL SECURITIES LTD. Mr. S.NitinRakesh CEO.E. Mumbai.
Training & Manpower Development:MOSL conducts various training and development programs regularly to enhance the capabilities of its team. insight into market/customer needs provide us with a competitive strength which will help us implement our business strategies. strong technical expertise. which is amongst the highest for a broking organization in India. Focus on Research:Research is the solid foundation on which Motilal Oswal Securities advice is based. MOSt is truly a learning organization with lead being taken by the Directors. who regularly participate in top management learning programs like Strategic Management Program at Indian School of Business. Almost 10% of revenue is invested on equity research and we hire and train the best resources to become advisors. Strong Management Team:The organization finds its strength in its team of young. At present we have 22 equity analysts researching over 27 sectors.M. Dean. talented and confident individuals. From a fundamental.MOTILAL OSWAL SECURITIES LTD. Our consistent efforts towards quality equity research have reflected in an increase in the ratings and rankings across various categories in the Asia Money Brokers Poll over the years. PATAN 37 . Motilal Oswal's research reports have received wide coverage in the media (over a 1000 mentions last year). leadership skills. technical and derivatives research perspective. Raamdeo Agrawal. Qualified professionals carry out different functions under the able leadership of its promoters. As much as 5% of the salary bill is spent on such programs.K. S. Hyderabad. Sloan School of Management. Strategy Summits with Management Gurus like Tom Peters and Dr. (MIT) and Brand Management Seminar by Al Ries etc. Lester Thurow. Motilal Oswal and Mr. Our talented pool of people comprises qualified and experienced professionals with an established track record. We believe that our management's entrepreneurial spirit. Mr.S.B.
Awards and Accolades:Motilal Oswal Financial Services has received many accolades in the year gone by.K. Managing Director. Our unique Wealth Creation Study.MOTILAL OSWAL SECURITIES LTD.S. Some of them are: Rated 'Best Overall Country Research' for a Local Brokerage in the 2007 Asia Money Brokers poll Rated India's top broking house in terms of total number of trading terminals by the Dun & Bradstreet survey Rated 'Outstanding Commodity Broking House-2007' by Globoil India Ranked second best for Customer Responsiveness in the Financial Sector at the Avaya Global Connect Customer Responsiveness awards S. authored by Mr. Investors keenly await this annual study for the wealth of information it has on the companies that created wealth during the preceding five years.M.B. PATAN 38 . is now in its 13th year. Raamdeo Agrawal.
Motilal Oswal Securities Ltd. Hoechst House.K.39825500.MOTILAL OSWAL SECURITIES LTD.22823499 Motilal Oswal Securities Ltd. S. Board: + 91 – 022 .400 021. Motilal Oswal Commodities Broker Pvt.39804200/ 01 Fax: + 91 – 022 . Bajaj Bhawan.B. Mumbai .400 021.22883821 / 22885038. Nariman Point. Nariman Point.400 021.39804380 Fax: + 91 – 022 .39825550 Fax: + 91 – 022 . Board: + 91 – 022 .22823499. PATAN 39 . Hoechst House. Ltd. 3rd Floor. Mumbai .39804315. .400 021. Fax: + 91 – 022 . Mumbai .22816161. Board: + 91 – 022 . Fax: + 91. Nariman Point.400 021. 3rd Floor. Board : + 91–022-39825500/39825540.S.39825500/ 39825540. MOSL & SUBSIDERIES COMPANIIES Motilal Oswal Financial Services Ltd. Hoechst House. – Wealth Management 3rd Floor. 81/82. 112/113. Mumbai . Ltd. Bajaj Bhawan. Mumbai . Nariman Point. 11th Floor.400 021. Mumbai . Board: + 91 – 022 .Institutional Equity 4th Floor. Nariman Point.022.M. Board : + 91 – 022 . Ltd. Motilal Oswal Private Equity Advisors Pvt. Nariman Point. Fax : +91–022-22823499. Hoechst House. Motilal Oswal Investment Advisors Pvt.
M. SERVICES PROVIDING BY MOSL MOSL'S businesses and primary products and services are: Wealth Management Broking & Distribution Commodity Broking Portfolio Management Services Fixed Deposits and Bonds Institutional Equities Private Equity Investment Banking Services and Principal Strategies Wealth Management:- Financial planning for individual.MOTILAL OSWAL SECURITIES LTD. Business Partner locations. PATAN 40 . family and business wealth creation and management needs.S.B. S.K. the internet and mobile channels. These are provided to customers through our Wealth Management service called 'Purple' Broking & Distribution Services: Equity (cash and derivatives) Commodity Broking Portfolio Management Services Distribution of financial products Financing Depository Services IPO distribution We offer these services through our branches. We also have strategic tieups with State Bank of India and IDBI Bank to offer our online trading platform to its customers.
Commodity Broking:Through Motilal Oswal Commodities Broker (P) Ltd our fully owned subsidiary. As of March 31st. Institutional Equities:S. We at Motilal Oswal have helped create wealth for our customers through our Portfolio Management Services. We offer these services through our branches. Bulls Eye Strategy.S. our clients also get access to our exclusive Customized Trading Advice on both the trading platforms. PATAN 41 .K. Motilal Oswal Securities Ltd. 2009.4. Trillion Dollar Opportunity Strategy and Focused Strategy Series I. we provide commodity trading facilities and related products and services on MCX and NCDEX.MOTILAL OSWAL SECURITIES LTD. has offered safety and securities of the investment. the internet and mobile channels Portfolio Management Services :Motilal Oswal Portfolio Management Services offer a range of investments solutions through discretionary services.Anybody can enter/ exit in/from the fixed deposit and bonds schemes. Besides access to the best of research in the form of Daily Fundamentals & Technical Reports on highly traded commodities. Such fixed deposits and bonds have used by the companies to fulfill their capital needs only. Fixed Deposits and Bonds:- Motilal Oswal group has worked on fixed deposits and bonds which have issued by the various companies. Motilal Oswal group has applied to the regulatory bodies for a license to operate as a Domestic Asset Management Company (Mutual Fund) and we expect to begin operations soon.B. These include the Value Strategy. invested by he investors. Business Partner locations.77 bn. Our knowledge of the markets together with our understanding of our customers and their risk profiles has helped us design a range of portfolio offerings for our clients.M. the Assets Under Management of our various portfolio schemes stood at Rs.
PATAN 42 . in December 2007. 875 mn) from investors in India and overseas. divestitures. insurance companies. We service these clients through dedicated sales teams across different time zones. banks. The Fund has S. private placements (including qualified institutional placements).8 billion and had 18 mandates in hand as at March 31. (MOIAPL) We also offer capital raising and other investment banking services such as the management of public offerings. the fund obtained commitments of US$125 mn (Rs. 2009. and FIIs. our private equity subsidiary.B. 2008. India Business Excellence Fund.S. open offers/delistings and syndication of debt and equity. financial institutions. mutual funds. share buybacks. We offer equity broking services in the cash and derivative segments to institutional clients in India and overseas. In its final closing. MOIAPL has closed 23 transactions in 2007-08 worth US$ 1. with investments typically in the range of US$3 mn to US$7 mn.MOTILAL OSWAL SECURITIES LTD. Private Equity:In 2006. which was launched with a target of raising US$100 mn.M. rights issues. Motilal Oswal Private Equity Advisors Private Ltd (MOPEAPL) was appointed as the investment manager and advisor to a private equity fund. Investment Banking:We offer financial advisory services relating to mergers and acquisitions (domestic and cross-border).4. These clients include companies. The fund is aimed at providing growth capital to small and medium enterprises in India. we were empanelled with over 300 institutional clients including 200 FIIs. MOPEAPL will manage and advise the fund and other private equity funds. which may be raised in the future. As at March 31st.K. restructurings and spin-offs through Motilal Oswal Investment Advisors Private Ltd.
MOTILAL OSWAL SECURITIES LTD. Principal Strategies Group:For effective management of treasury operations and to capitalize on market opportunities. the Group has set up a 30 member team which would be responsible for effective deployment of funds into different trading and arbitrage strategies.S. PATAN 43 .M.B. MOPEAPL has recently launched an INR 750 crores domestic Real Estate Private Equity Fund called "India Realty Excellence Fund" sponsored by Motilal Oswal Financial Services Ltd. ABOUT THE FIXED DEPOSITS S.K. deployed/ committed $ 58 mn across 8 deals.
the past two years have seen a huge growth in bank deposits and in the FD levels of the better segment of India Inc. even at the cost of lower returns. with banks.S. Indians had very limited means of investing their savings. Fixed Deposits. we will regularly post details on the three main categories of FDs. and the market regulator.Recently popular instrument Introduction:With investment avenues increasing by the day it is quite easy to forget that until the reforms era kicked off in 1991. The slump in the capital markets and the large amounts of losses by investors in IPOs are but a couple of factors for this hunt for security by investors. the bitter lesson resulted in investors ignoring almost all other factors barring security while investing their savings. A number of gullible investors saw their savings go up in smoke at the hands of such corporate entities.. as were prudential norms. While it is true that we have not yet seen any development on the lines of the more developed economies there are a number of instruments today that were unheard of amidst the lay investors just a short decade ago. SEBI. between 1994 and 1996 a few states like Tamil Nadu saw a literal explosion of FD offers with promises of impossible returns like 36 per cent to even 50 per cent per annum in some cases. have been attempting to rein in unscrupulous operators from cashing in on this rush for FDs. The central bank.M.e. On the one hand investors are still struggling to come to terms with the complex nature of some securities and on the other intermediaries are trying to raise the investors' awareness. We will also keep investors abreast of interest S. Thus. It is only recently that credit rating has been made mandatory for FD raising exercises. Stock favorites such as fixed deposits (FDs) are meanwhile enjoying a renewed burst of popularity. PATAN 44 . manufacturing companies and non-banking finance companies or NBFCs. RBI. i. However. Investors can find information on various changes that occur in this sector and details on how government policies could affect this crucial area.MOTILAL OSWAL SECURITIES LTD. In this segment.B. In fact.K.
Fixed deposits with companies. For example if you are receiving say 12. it is but natural that the investor who opts for fixed income instruments is well into his chosen career.75 per cent or even 13 per cent. Convertible debentures National Savings Certificates. In a world where the returns on your investment are directly proportional to the inherent risks.MOTILAL OSWAL SECURITIES LTD. Non-convertible debentures of private sector. Income-oriented units and growth oriented units. rates offered and the performance of individual entities in each of the three above-mentioned segments.K. Periodic evaluation is equally important and while necessary changes have to be made. Luckily in India there a number of avenues for such investors. here too it is essential that the investor decides in advance the proportion of investing in stocks and bonds. but the proximity to retirement would prompt the need to lower investment risks. Provident Fund contributions. Public sector bonds. Also returns from investments form the principal source of income and preservation of capital is paramount. Indira Vikas Patras. think very hard before you decide to switch over to Bond B which promises 12. The decision to effect a change between fixed incomes instruments should not be made lightly as the security of the principal is sacrosanct.S.B. S. Basic family needs such as an own house and reasonable insurance cover would have been provided for.M. with the most popular forms being: Fixed deposits with banks and post offices. Fixed Deposits. investments must never be switched for negligible changes in interest rates. As is the basic rule in choosing any investment option.5 per cent per annum through Bond A. Thus judicious selection of instruments is critical. PATAN 45 .
Foreign players have also started moving into the market. Provident funds and public provident funds are also excellent areas of investment and offer both initial and a continuing tax advantage. attractive rates of returns and immunity from attachment of a court decree. The company pays interest until conversion after which the investor gets dividend income. If you are on the hunt for a tax-sheltered current income then give preference to income-oriented units and public sector bonds as rates of return are more attractive than other fixed income avenues with similar tax benefits. for a fixed term at a guaranteed fixed rate of interest.B. The general economic depression coupled with the S-E Asian crisis and the nuclear blasts have taken their toll on the industry. Recent trends indicate a shift in fortunes for the industry as a whole and especially for a few players. . profit making companies are also worth picking up.S.K. Most of the stocks have taken a beating. If your taxable income is less than Rs. There are added benefits such as the existence of a facility for partial withdrawals.MOTILAL OSWAL SECURITIES LTD.50. Proposition: In the last two or three years the hotel industry has been moving down. Such securities are traded lower than the company's underlying equity. PATAN 46 . thereby earning you a higher rate of interest in return. A fixed deposit account allows you to deposit your money for a set period of time. non-convertible debentures. Fixed Deposit:What is a fixed deposit? A fixed deposit is an investment account comprising a single deposit. Fixed deposits also give you a higher rate of interest than a savings bank account.M. 000 and you have exhausted the limits for various taxsheltered investments. Why Fixed Deposit? S. It can be used for both short and long term investment purposes. Indra Vikas Patras and corporate fixed deposit schemes would then be your best bet. Convertible debentures of reputed.
Who can apply for a fixed deposit account? Individuals and organizations with the intention of retaining their savings for a fixed period for some future use. Banks offer various types of fixed deposits in India to their customers.MOTILAL OSWAL SECURITIES LTD.A regular fixed deposit can earn you an interest up to 8. You need to check up on the different types of FDs scheme available before making any fixed deposit investments.M. Now a day. However you need to remember that FDs are safe only as long as they are parked in large bank.5 % increase. the banks & financial market is becoming very competitive. FDs look great because you get a decent risk-adjusted return and your principal is protected.75% and senior citizens who opt for such a fixed deposit scheme are eligible for an additional 0. Fixed deposits help you to secure your hard earned money for a long duration.Deposits can be made in multiples of Rs.000/.S. Some private company also offer fixed deposit scheme. 100/-. 1. PATAN 47 . Fixed deposit is one of the oldest & most common methods of Investing. Fixed deposit is a financial instrument for you to deposit your money for a fixed duration ranging from 15 days to 5 years. What is the minimum amount can be deposited? The minimum deposit amount is Rs. S. Some banks offer a fixed deposit schemes which offer more savings & over draft facility.K.B.
If the interest rate raise then the amount of the investment is also increased and if the rate is fall then the investment is decreased. TYPES OF FIXED DEPOSITS S.B.M.K.The main benefits of the Fixed Deposit is that investors can anytime switch it if it does not give proper return. Chart of Fixed Deposit Investment CHART-2 Here the Chart shows that Investors invest their money in the Fixed Deposits for particular time period on particular interest rate. PATAN 48 .MOTILAL OSWAL SECURITIES LTD. The investors will get the amount with increment or decrement on particulars time period if the rate is respectively increased or decreased .S.
B. leading to a somewhat higher effective rate.M. Investor gets a lump sum (principal + interest) at the maturity of the deposit. then only one S. The banks are free to offer varying interests in fixed deposits of different maturities. Deposits can be made in multiples of Rs. Private and Public Institutes and post Offices provide the Fixed Deposit Services. -: Bank Fixed Deposit:- Features:Bank deposits are fairly safe because banks are subject to control of the Reserve Bank of India (RBI) with regard to several policy and operational parameters. try to check the rates of interest for different banks for different periods. There are two types of Fixed Deposit in India. Bank fixed deposits are one of the most common savings scheme open to an average investor. premature withdrawal before maturity period (which involves a loss of interest) etc. In case of any premature withdrawal of partial amount. The facilities vary from bank to bank. In Nonbanking Fixed deposits.K. A fixed deposit is meant for those investors who want to deposit a lump sum of money for a fixed period. PATAN 49 . Nonbanking FDs are called Non-Banking Finance Companies (NBFCs) Fixed Deposit.Banking Fixed Deposits. Before opening a FD account. Fixed deposits also give a higher rate of interest than a savings bank account. It can range from as low as Rs. One is Fixed Deposits in Banking Sector and other is Non.MOTILAL OSWAL SECURITIES LTD.S. say for a minimum period of 15 days to five years and above. 100/-. various companies. It is advisable to keep the amount in five or ten small deposits instead of making one big deposit. Some of the facilities offered by banks are overdraft (loan) facility on the amount deposited. 100 to an unlimited amount with some banks. Interest is compounded once a quarter. The minimum deposit amount varies with each bank. thereby earning a higher rate of interest in return. Bank deposits are fairly safer because banks are subject to control of the Reserve Bank of India.
The Interest payable on Fixed Deposit can also be transferred to Savings Bank or Current Account of the customer.5 % 5.25-8 % 6. or two deposit need be prematurely encashed. Returns:The rate of interest for Bank Fixed Deposits varies between 4 and 11 per cent.25-5 % 4.5-6. depending on the maturity period (duration) of the FD and the amount invested. A high inflation rate can simply chip away your real returns. The thing to consider before investing in an FD is the rate of interest and the inflation rate.5 years to 10 years. and 1.75—5.K. PATAN 50 .MOTILAL OSWAL SECURITIES LTD.5 % 6-8 % 6. thus. A Bank FD does not provide regular interest income. 1 year. Some banks have facility to pay interest every quarter or every month.B. The loss sustained in interest will.75-8 Duration 15-30 days 30-45 days 46-90 days 91-180 days 181-365 days 1-2 years 2-3 years 3-5 years Advantages:S.M.5 % 5. 6 months. TABLE-1 Interest rate (%) per annum 4 -5 % 4.75-6. The deposit period can vary from 15. but a lump-sum amount on its maturity. but the interest paid may be at a discounted rate in case of monthly interest. Check deposit receipts carefully to see that all particulars have been properly and accurately filled in.S. be less than if one big deposit were to be encashed. 30 or 45 days to 3. Interest rate also varies between each bank.
How to apply:One can get a bank FD at any bank.S. 1993-94. or foreign. from A.M. and make the deposit.Y. Bank deposits are the safest investment after Post office savings because all bank deposits are insured under the Deposit Insurance & Credit Guarantee Scheme of India.and above per annum. Financial S. It is possible to get a loan up to7590% of the deposit amount from banks against fixed deposit receipts. Also. along with other specified incomes.12. 000/. PATAN 51 .B. The interest charged will be 2% more than the rate of interest earned by the deposit.MOTILAL OSWAL SECURITIES LTD. Check deposit receipts carefully to see that all particulars have been properly and accurately filled in -: Company Fixed Deposits:Fixed deposits in companies that earn a fixed rate of return over a period of time are called Company Fixed Deposits. 1998-99. private. some banks insist that you maintain a savings account with them to operate a FD. a deposit receipt or an account statement is issued to him.5000/.K. When a depositor opens an FD account with a bank. You have to open a FD account with the bank. which can be updated from time to time. With effect from A.Y. be it nationalized. depending on the duration of the FD and the frequency of the interest calculation. investment on bank deposits. However. is exempt from income tax up to a limit of Rs.under Section 80L. Disadvantages:Bank Fixed deposit Rate are lower than non banking fixed Deposit Rate and so if the market is high investor of bank FDs get low returns on their investment compare than Others. bank deposits are totally exempt from wealth tax. The 1995 Finance Bill Proposals introduced tax deduction at source (TDS) on fixed deposits on interest incomes of Rs.
and have modest fixed and manpower costs. NBFCs and companies cannot offer more than 14 per cent interest on public deposits. A company rated lower by credit rating agency is likely to offer a higher rate of interest and vice-versa. Company/NBFC Fixed Deposits are rated by credit rating agencies like CARE.B. PATAN 52 . Definition: Company fixed deposit is recently popular instrument to collect the money from Investor to fulfill the company's financial necessity.M. i. and D or FD means the company is in default. "Company fixed deposit is such like gadget by which it offers a high return investment scheme to investors for fulfilling its financial requirement for particular time period. So be absolutely sure to check the credit rating. Therefore." Types of the Company Fixed Deposits S. According to latest RBI guidelines. AAA rating is the safest. NBFCs are small organizations. they can pass on the benefits to the investor in the form of a higher rate of interest.e.. NBFCs suffer from a credibility crisis. Deposits thus mobilized are governed by the Companies Act under Section 58A. if the company defaults.K.S. thus making them a risky investment option. CRISIL and ICRA.MOTILAL OSWAL SECURITIES LTD. An AAA rating signifies highest safety. These deposits are unsecured. institutions and Non-Banking Finance Companies (NBFCs) also accept such deposits. the investor cannot sell the company to recover his capital.
There are four types of the company fixed deposit. Jaiprakash Association Ltd. Non Cumulative Deposits (Recurring Deposits) 2. you can choose the minimum amount you want to save every month ranging from Rs.000/. One is monthly income deposits and other is Quarterly income deposits...The chosen S.B. Reinvestment Deposits 4.MOTILAL OSWAL SECURITIES LTD. In Quarterly income deposits.K. Quarterly income deposits: In this Scheme interest is paid once every quarter. Cumulative Deposits 3. Company paid the interest every month. Alliance Capital Private Ltd. Callable Fixed Deposits 1. Tata Financial Services ltd.to Rs.S. 1. Monthly income deposits: In Monthly income deposits investors invest their money in company on particular time which is one Month. The interest is paid constantly every month. Non-cumulative Deposits (Recurring deposits): Company provides two types of non-cumulative deposits. 100/. 1. PATAN 53 . Franklin Templeton is very well known company which provides the company fixed deposits. Cholamandalam. Birla. In India most of the companies provide this two typed FDs. Company Fixed Deposits forms is available through various broking agencies or directly with the companies.M.
Jaiprakash Associates ltd. PATAN 54 . 6months. amount will be the core amount and you can deposit up to ten times of the core amount every quarter. Cumulative Deposits: The Cumulative Benefit Deposit Scheme has various customerconvenient features.K. The minimum deposit is Rs. FDs schemes.B. 5/-. In Non-cumulative FD Schemes Company put Scheme A S.S. JP association provides Non-cumulative FD schemes and cumulative FD schemes. Higher deposits should be in multiples of Rs. Let's take example of Jaiprakash Associates Ltd. anytime You can choose any from a combination of four plans.1 years. 2.M.MOTILAL OSWAL SECURITIES LTD. 100/-. 2 years and 3 or more than 3 years. You can invest any amount. To know more about this two schemes.
K. Amount(Rs. 10000 11. for Monthly Income Plan and B for Quarterly Income Plan. Amount(Rs.00% TABLE-3 SCHEME B QUARTERLY INCOME PLAN Period Mini.00% S. 10000 12. PATAN 55 .00% 2yrs.) Rate of Interest (%) 1yrs.MOTILAL OSWAL SECURITIES LTD. 15000 12.S. 15000 11.) Rate of Interest (%) 1yrs. Company put schemes C for Cumulative FD plan.B.M. FIXED DEPOSIT SCHEMES NON-CUMULATIVE DEPOSITS TABLE-2 SCHEME A MONTHLY INCOME PLAN Period Mini. 15000 11.50% 3yrs.00% 2yrs.50% 3yrs. 10000 11.
100 shares) (c) employee of Jaypee Group. Special Rate: An additional rate is 0. CUMULATIVE DEPOSITS TABLE-4 SCHEME C Mini.) 6Months 10000 General 10550 Special 10575 1 yrs. Additional amounts in multiples of Rs.B.Rs. 10000 General 14308 Special 14522 Period YIELD (%) 11.36 15.K. (b) Shareholders of JAL (mini.) y Maturity(Rs.M. Post dated interest warrants on FDs for each financial year will be dispatched in advance along with the FDs receipts (schemes A& B). 10 lacs. PATAN 56 . Maximum amount per investor for six months' duration.S. 10000 General 11157 Special 11213 2 yrs.1000/-.1000/-.57 12.13 12. 10000 General 12572 Special 12697 3 yrs. S. Categor Payable on Amount(Rs.50 11. 100 shares) (c) employee of Jaypee Group. (b) Shareholders of JAL (mini.00 11.86 13.MOTILAL OSWAL SECURITIES LTD. Interest compounded monthly on deposit of year or more.50% per annum shall be paid to (a) Senior citizens above the age of 60 yrs.50% per annum shall be paid to (a) Senior citizens above the age of 60 yrs. Interest on quarterly income plan is compounded monthly and paid quarterly. Special Rate: An additional rate is 0.07 Additional amounts in multiples of Rs.48 14.
100/-. PATAN 57 . You can avail loans of up to 85% on the principal and also on the interest accrued. 3.K.B. 3. Callable Fixed Deposits: It is a principal protected deposit which offers a fixed coupon rate and can be early terminated at the bank's discretion. 1.S. The interest on your deposit also earns interest.MOTILAL OSWAL SECURITIES LTD. You could use these deposits to meet any expenditure in the future.. S. The features of a Reinvestment Deposit Plan.000/-.M. The minimum deposit amount is Rs. Renewals can be made in any amount. you can apply for a Reinvestment Deposit Plan.. You can close your deposit prematurely without any difficulty. Reinvestment Deposits:A Reinvestment Deposit Plan basically allows you to reinvest the interest earned on your deposit. children's education and marriage. If you would like to retain your deposits and accumulate it with interest. Investors get higher interest rate than that available on traditional time deposits and 100% capital protection at maturity. Initially deposits should be made only in multiples of Rs.
K.M.MOTILAL OSWAL SECURITIES LTD. INVESTMENT OBJECTIVES Company fixed deposits suitable for an increase in investment:- A Company/NBFC Fixed Deposit provides for faster appreciation in the principal amount than bank fixed deposits and post-office schemes. but it depends on the credit rating of the company you have invested in. Company fixed deposits suitable for income:- Company/NBFC Fixed Deposits are suitable for regular income with the option to receive monthly. the interest rates offered are higher than banks. Moreover. company deposit protect against inflation:- A Company/NBFC Fixed Deposit provides you with limited protection against inflation. Moreover. with comparatively higher returns than other assured return options. some NBFCs also offer a loan facility on the deposits you maintain with them. PATAN 58 . However. Borrow against a company fixed deposit:- You can borrow against a Company/NBFC Fixed Deposit from banks. quarterly. half-yearly. and annual interest income. the increase in the interest rate is essentially due to the fact that it entails more risk as compared to banks and postoffice schemes.S. S.B.
K. always remember to first check out its credit rating. Investment Drawbacks: Company fixed deposits are unsecured instrument while company become bankrupt:- Company Fixed Deposits are unsecured instruments. Inflation and interest rate movements are one of the major factors affecting the decision to invest in a Company/NBFC Fixed Deposit. Company FD cannot be sold in the secondary market:- A company/NBFC Fixed Deposit can only be encased at the Company/ NBFC it was invested in. there is no guarantee of your receiving the regular-interval income from the company. No guarantee of returns of company fixed deposits if stock markets are down:- If the Company/NBFC goes under. beware of NBFCs offering ridiculously high rates of interest. Also. Also. While investing in an NBFC. there is no assurance of your principal amount. PATAN 59 . chances are that you may not get your principal sum back.. i.e. Moreover.MOTILAL OSWAL SECURITIES LTD. you must keep the safety considerations and the company/NBFC's credit rating and credibility in mind before investing in one. there are no assets backing them up.M.S. It depends on the strength of the company and its ability to pay back your deposit at the time of its maturity. S. in case the company/NBFC goes under.B. Therefore.
where interest is paid every month. How can invest in company Fixed Deposits? Investor has to fill the application form completely and assure that all the columns should be filled up carefully. Similar is the case for the NBFCs. -. SELLING. Some of the options available are: -.M.S. -.MOTILAL OSWAL SECURITIES LTD. PATAN 60 . -.Recurring deposits. BUYING.K.D. where interest is paid once every quarter. similar to the recurring deposits of banks. Department of Company.B. S. AND HOLDING How can buy Company Fixed Deposit? Company Fixed Deposits forms is available through various broking agencies or directly with the companies.Quarterly income deposits. If investor has not particular bank account.Department. he or she can send demand draft directly to F. neatly and sign on every correction if any. investor should join the cheque favoring the COMPANY NAME and crossed "Account Payee only "should be deposited with particular bank mentioned by the F.Monthly income deposits.D. After filling the form. where interest is accumulated and paid along with the principal at the time of maturity.Cumulative deposits.
The minimum investment for Company Fixed Deposit:Minimum investment in a Company/NBFC Fixed deposit varies from company to company.K. the minimum amount is normally Rs 100 per month.S.B. PATAN 61 . there is no upper ceiling. In case of recurring deposits.M. For individual investors. Determination of Market Value of Company Fixed Deposit Company/NBFC Fixed Deposits do not have a market value since they can't be sold or purchased in the secondary market. may it be fixed deposit or fixed deferred annuity. In case of fixed S. the minimum investment is Rs 5. security of the investment is the key feature. they may vary from a minimum of 6 months to 5 years or even more. OBJECTIVES OF FIXED DEPOSITS Guaranteed return of Principal amount:- Here in both the cases. Duration of he Company Fixed Deposit Scheme:Company/NBFC Fixed Deposits have varying duration.MOTILAL OSWAL SECURITIES LTD. Normally.000.
S. Fixed deferred annuities are solely reliable on the smooth running of the companies business. Fixed deposits are ideal in short term as they have maturity period ranging from a single month to a couple of years. in some plans the annuity is paid to the legal heirs or the nominee for his/her lifetime even after the death of the contract holder.S. the annuities are not guaranteed by the government as it is the case with fixed deposits up to a certain limit.B. Short term investment :- Considering that the time frame that one needs to invest for is short in nature then investing in fixed deposits will prove a better investment as accumulation here will be more than the deferred annuity plans.K.MOTILAL OSWAL SECURITIES LTD. So while fulfilling your security objective you must keep in view the financial reliability of the company so that you do not get into contract with a poor performing company. but the risk feature remains very low as the company provides the customer with full insurance cover. In case where the amount is huge one may exercise the option of risk cover while getting into the contract with the banking institution.M. Long term investment :- Deferred fixed annuity is certainly a specialized product offering for a long term investor as the accumulation structure suits to the retirement needs. Even in the INDIA. These annuity plans are flexible during the payout. deposits principal amount is guaranteed by the government. Deferred fixed annuities are not as secure as the fixed deposits with the banks as they are not guaranteed by the government. PATAN 62 . Fixed deferred annuity plans in there beginning years require lot of expenditure in there proper allocation and processing so they do not give attractive returns to the short term investors.
No institution guarantees the renewal interest rates. In case of fixed annuity plans the rate of interest to be returned to the investor keeps on fluctuating as per the market condition after the initial lock-in period which guarantees the rate of return. With other types of investments. Interest Return on investment :- fixed deposits may offer a specified rate of interest for a fixed period of time but the rates cannot remain the same forever. S.M.S. rates do change as per the real market scenario and the policy decisions on a continues basis. On the other hand income tax is charged simultaneously on the fixed deposits. PATAN 63 .K. The initial sum of money that you invest is returned to you with interest when Fixed Deposit matures and the interest rate is guaranteed.B. Tax Savings:- When income tax becomes the cause of concern. BENEFITS OF FIXED DEPOSITS Safety:- Fixed Deposit is virtually risk-free. As far as deferred annuity plans are concerned there is a fixed minimum payout which is guaranteed by the insurer for the initial few years after which the accumulation depends on the performance of the fund in the market. Other important factors which should be considered by an investor while selecting his investment instrument are Liquidity options.MOTILAL OSWAL SECURITIES LTD. it is suggested for an investor to go for fixed rate deferred annuity plans as the tax is also calculated on the deferred date and the interest is accumulated for the complete term till maturity. distribution options on maturity and one must also read and understand the offer document with utmost clarity. generally for shorter durations low rates are offered than the long term contracts in case of fixed deposits.
PATAN 64 . High Return compare than traditional savings:- Fixed Deposits generally give you a higher rate of interest than traditional savings accounts. So. Saves tax:- With the directives of the income tax department stating that investment in fixed deposits up to a maximum of Rs. DRAWBACKS OF FIXED DEPOSITS Lower rate of returns compare with Stock Market:- While the money invested in stock markets may give you a return of S. those who want an income on a regular basis can invest into fixed deposits and use the interest rate as their income.000 for 5 years are eligible for tax deductions under section 80 C of income tax act.K. Easy Withdrawal:The option to withdraw the deposit at any time before maturity without any difficulty and you can get loans up to 85% of the principal. This makes a fixed deposit very popular way of investing money for retirees. Fixed deposits save tax and give high returns on invested money.100. and the rates that offer are competitive.S.B. which is usually compounded quarterly. fixed deposits have again become popular.MOTILAL OSWAL SECURITIES LTD. interest rates may fluctuate and your initial investment amount is usually not guaranteed Regular Income:- Fixed deposits earn fixed interest rates for their entire tenure.M.
PATAN 65 .S.MOTILAL OSWAL SECURITIES LTD. 20% the fixed deposits will yield only about 10%. A fixed deposit won't give you the same returns that you may get in the stock markets.K. the money grows slowly in the case of fixed deposits. This can drastically eat into your fixed deposit income. For instance a stock-portfolio may raise 20-30 per cent in a good year whereas a fixed deposit typically earns only 7-10 per cent. your fixed deposit at 10% annual return will effectively yield only(10%-6%) = 4% of return. So. Gains from stocks are considered capital gains while dividends are tax free. Suppose the inflation which is currently at 3 % rises to about 6%.B. Rising inflation can wipe out the interest benefits:- The actual benefits or income from fixed deposit can be annulled by a rising inflation. This return would have been (10% -3%) = 7% if the rate of inflation had not changed. Taxes: - The interest earned on fixed deposits is fully taxable and is added to the annual income of the individual.M. S.
OBJECTIVES Which income class people prefer fixed deposit? Why they prefer fixed deposit? Which option they choose alternate of fixed deposit? How much they aware of Fixed deposit? How many AMC provide fixed deposit service? Which professional people select fixed deposit? What problems faced when choose fixed deposit? What benefit they take from fixed deposit? What factors they take mind. Along with it a brief introduction to India's largest financial intermediary. has been given and it is shown that how they operate in fixed deposit department. MOTILAL OSWAL SECURITIES LTD. when invest money in Fixed deposit? What is their objective to invest their money in fixed deposit? Are they agree with Fixed deposit is safe than other? Are they agreeing with fixed deposit giving more return than other securities? S.K.S. It also covers why/ why not investors are availing the services of financial advisors. OBJECTIVES OF RESEARCH The main objective of this project is concerned with getting the opinion of people regarding fixed deposits and what they feel about availing the services of financial advisors.MOTILAL OSWAL SECURITIES LTD.B.M. PATAN 67 . I have tried to explore the general opinion about fixed deposits. SUB.
S. doctors. I have visited people randomly nearby my locality. Business Persons. small retailers. Government Servant. DATA SOURCES Research is totally based on primary data. SCOPE OF THE STUDY The research was carried on in the Western Region of India. It is restricted to Mehsana where it has got 3 branch offices. etc. PATAN 68 .B.K.M.S.MOTILAL OSWAL SECURITIES LTD. customers of MOSL. Research has been done by primary data collection. Secondary data can be used only for the reference. The secondary data has been collected through various journals and websites and some special publications of MOTILAL OSWAL SECURITIES LTD. and primary data has been collected by interacting with various people.
Sampling procedure: The sample is selected in a random way, irrespective of them being investor or not or availing the services or not. It was collected through mails and personal visits to the known persons, by formal and informal talks and through filling up the questionnaire prepared. The data has been analyzed by using the measures of central tendencies like mean, median, mode. The group has been selected and the analysis has been done on the basis statistical tools available. Sample size: The sample size of my project is limited to 116 only. Out of which only 82people attempted all the questions. Other 34 not investing in Fixed Deposits attempted only 2 questions. Sample design: Data has been presented with the help of bar graph, pie charts, line graphs etc. Limitation: Time limitation. Research has been done only at Mehsana. Some of the persons were not so responsive. Possibility of error in data collection. Possibility of error in analysis of data due to small sample size.
After joining the Motilal Oswal Securities Ltd., we got basic knowledge about the company and the function of the company. Company provides basic training of Fixed Deposit along with other services such like Mutual Funds, Portfolio Management Services, IPOs, E- Broking, and Depositary Services. Company arranges Seminars for giving information and trainings about it services. After taken basically training, doing the survey of awareness of Fixed Deposit Service is to prepare the questionnaire. The questions for the questionnaires are prepared after going through pamphlets, research reports, fact sheets of Fixed Deposits. By the questionnaires, data about the Fixed Deposits are to be collected. To fill the questionnaires the survey was conducted in commercial area of Mehsana city. The source for filling questionnaires are doctors, customers of MOSL, Business Persons, Government Servant, my locality,, small retailers interested in equity and Fixed Deposit or invest huge in debt or real assets business etc. After collection of the data, the questionnaires are analyzed and the people who are interested in Fixed Deposits are found out. We got the information about the above interested persons and contact them by the Phones and personal meetings. We explain them about FDs and receive their Feedbacks. In the last, we prepare the project what have done practically & give the conclusion.
The Respondents of the Questionnaire
The sample size of my project is limited to 116 only. Out of which only 82people attempted all the questions. Other 34 not investing in Fixed Deposits attempted only 2 questions.
Parmar 21 R. N. J.Patel 20 S.P. Patel 17 B.Patel 39 Kirit Kumar. Prajapati 44 Prashant. Panchal MOTILAL OSWAL SECURITIES LTD. A. B. D. D. T Gohil 32 Bhavesh. Patel 43 Chiman Bhai.Patel 18 R. A. 2 Dipak Nayak 3 Hiteshbhai Gajjar 4 Rajkishan Aggrawal 5 Mehulbhai Suthar 6 Shaileshbhai B Prajapati 7 Natubhai B Raval 8 Hirenbhai R Sathavara 9 Dilipbhai B Nayee 10 Rakesh M Yogi 11 Jayram N Desai 12 Vishal V Prajapati 13 Suresh N Limbachiya 14 Haresh P Panchal 15 Himanshu. C. Parmar 38 Jayesh Kumar. R.M.M. N Patel 16 Jayanti Bhai.No Name 1 Tarunbhai . Soni 31 Mahendra. Patel 30 Mahesh Kumar.S.Patel 27 Nitin Bhai.D. 9979628249 PATAN 72 9898281332 . Prajapati Contact No 9724474746 9925968128 9909469591 9427491994 9924992426 9427847807 9277206344 9904150958 9924189132 9099413223 9979107033 9228290886 9974956634 9924810793 9426395403 9924079680 9925305522 Nil 9979930219 nil 9924418267 9727596592 9925504522 9426530817 9727908072 9428008263 9979568817 9898986114 9904719200 9327043204 9723641525 9723778465 9824719809 9428955580 9925651516 9898743264 9898127398 9979923057 9979518898 9824135278 9377220772 9998813952 9909495634 9925457130 S. Patel 36 Amrat Bhai. G.Thakor 22 Dharesh Sukhdiya 23 Rohit Bhai. Patel 29 Praveen Kumar.A. Gajjar 37 Vijay. J Patel 35 Govindv Bhai.Gohil 33 Mohammad Hanif 34 Hasmukh Bhai. Chaudhari 24 BHARAT Bhai Modi 25 Vishnu Bhai.B. G.Modi 41 Satish Gheewala 42 Vadi Lal.K.Joshi 19 S.Patel 40 D. Patel 26 Jayanti Bhai.I. Patel 28 Vitthal Bhai M.V. P. M. S. J.K.PATEL 45 Soma Bhai Magan Bhai Oza 46 Kanti Lal L.B.
Conditions: 1.This questionnaire is used only for project requirement. 2. All the questions must attain compulsory. 3. Please tick [√] where needed. 4. All information provided by you is only for education purpose and will be kept confidentially.
1. Have you know about Motilal Oswal Securities Ltd.? Yes [ ] If not, Our services 1) Stock Market 2) Fixed deposit 3) Equity 4) PMS 5) Commodity Broking 6) E- Broking 7) Depository 8) Fixed Deposits and Bonds No [ ]
K. Have you invested /are you interested to invest in fixed deposits? Yes [ ] No [ ] If Yes.MOTILAL OSWAL SECURITIES LTD.V. If yes.M. Are Fixed Deposits safe for investment rather than Security market? Strong Agree Agree Neutral Disagree [ [ [ [ ] ] ] ] S. [ ] [ ] [ ] [ ] [ ] 2. What is the most important reason for not investing in fixed deposits? Lack of knowledge about fixed deposits [ ] Enjoys investing in other options [ ] Its benefits are not enough to drive you for investment [ ] No trust over the FD managers [ ] 5. 3. Which are the most important factors for selecting Fixed Deposits to investment? 1) Higher Return 2) Low Risk 3) Easy to Invest 4) Other If No. PATAN 76 . 4. How did you know about it? 1) Pamphlet 2) T.S. 3) News Paper 4) By Friend Circle 5) By society 6) Other ………………………………..B.
M. Where from you purchase fixed deposits? Directly from the AMCs Brokers only Brokers/ sub-brokers Other sources [ [ [ [ ] ] ] ] 9. According to you which is the most suitable stage to invest in fixed deposits? Young unmarried stage [ ] Young Married with children stage [ ] S.K. Which feature of the fixed deposits allure you most? Diversification [ ] Professional management [ ] Reduction in risk and transaction cost [ ] Helps in achieving long term goals [ ] 10. Strong Disagree [ ] 6.MOTILAL OSWAL SECURITIES LTD.S.B. PATAN 77 . Does Fixed Deposits give more return than other? Strong Agree Agree Nutural Disagree Strong Disagree [ ] [ ] [ ] [ ] [ ] 7. Where do you find yourself as a fixed deposit investor? Totally ignorant [ ] Partial knowledge of fixed deposits [ ] Aware only of any specific scheme in which you invested [ ] Fully aware [ ] 8.
Businessman Job/ Service [ ] [ ] Student Dealing in Shares only [ ] [ ] Other then please specify ______________________ "Thanks for Giving Your Precious Time" S. [ ] 10001-15000 Rs. [ ] 15001-20000 Rs.. Occupation: ……………………………………………………………………………. [ ] 40001-45000 Rs. [ ] 13..B. [ ] 30001-35000 Rs.S. [ ] 35001-40000 Rs. How many time periods you would like to invest in Fixed Deposit? 6 Months 1 Year 2 Years 3 Years More than 3 Years [ ] [ ] [ ] [ ] [ ] 12. [ ] 20001-25000 Rs. [ ] 25001-30000 Rs. [ ] More than 45000 Rs. PERSONAL INFORMATION:- Name: ……………………………………………………………………… Address: …………………………………………………………………….M. Married with older children stage [ ] Pre-retirement stage [ ] 11. PATAN 78 . Phone/Mobile: ……………………………………………………………….MOTILAL OSWAL SECURITIES LTD.K. What is your Monthly Income? 5000-10000 Rs..
32 % do not know about MOSL. 71% YES NO NO. 29% INTERPRETATION: Above graph shows that 82 respondents know about Motilal Oswal Securities Ltd. 34.K.S. DATA ANALYSIS AND INTERPRETATION 1.32% 100% YES. and 34 are not familiar than the MOSL from total number of respondents 116. 82.M.? TABLE-6 Reply YES NO Total CHART-3 Respondents Respondents 82 34 116 Percentage (%) 70. PATAN 79 . S. .We can say that 70.MOTILAL OSWAL SECURITIES LTD.68% 29.68% people are know the services provided by MOSL and 29. So company should explain them about itself and its services.B. Have you know about Motilal Oswal Securities Ltd.
V.M.MOTILAL OSWAL SECURITIES LTD.S.V.K. New s paper By Friend Circle By Society Other INTERPRETATION: On analyzing the Questionnaires. They show that in total of 116.B. 30 are through TV . PATAN 80 . News paper By Friend Circle By Society Other Total CHART-4 Information Respondents 15 30 43 08 06 14 116 Pamphlet 45 40 35 30 25 Respodents 20 15 10 5 0 Respodents Sources T.1 How did you know about it? TABLE-7 Sources Pamphlet T. 15 people are aware about the company through pamphlet . 43 through news paper. 6 are by society and o remain 14 are aware about company through other sources . S. 1.
B. 2. due to this reason most of company going to launch its branch in Mehsana city. Have you invested /are you interested to invest in fixed deposits? TABLE-8 Scale YES NO CHART-5 Respondents 67 49 Percentage (%) 57. PATAN 81 . Only 42.S.M.K.MOTILAL OSWAL SECURITIES LTD. 58% YES NO INTERPRETATION: In survey I found that most of people of Mehsana city invest in fixed deposit. S.25 % Respondents NO.75 % people investing in fixed deposit. This shows that the market of Mehsana city is potential. 49.57.75 % 42. 67. 42% YES.25% people don't investing in fixed deposit.
3.68% 31.55% 7 OTHER 42.70% 17.07% 8. PATAN 82 .B.K.M.MOTILAL OSWAL SECURITIES LTD.07% 14 8.68% 31.S.55% 100% CHART-6 40 35 30 25 20 15 10 5 0 HIGHER RETURN LOW RISK EASY TO INVEST 35 26 17. Which are the most important factors for selecting Fixed Deposits to investment? TABLE-9 Scale HIGHER RETURN LOW RISK EASY TO INVEST OTHER TOTAL Responde nt 35 26 14 07 82 Percentage (%) 42.70% Percentage (%) Respondent INTERPRETATION: S.
Actually FD gives more return than any other investment.68%.07 % people like FD in easy to invest.70% people like FD due to low risk.MOTILAL OSWAL SECURITIES LTD. 17.55% people like FD for other reasons. Only 8. Above graph shows that the high return of FD is more liked by investors. 31.K.B. FD gives approximately minimum 25 % return. S.M. Most of investors like High Return from the FD and it are 42.S. PATAN 83 .
PATAN 84 .MOTILAL OSWAL SECURITIES LTD.61% 100% CHART-7 S.32% 25.S. 4.K. What is the most important reason for not investing in fixed deposits? TABLE-10 Scale Lack of knowledge about fixed deposits Enjoys investing in other options Its benefits are not enough to drive you for investment No trust over the FD managers TOTAL Responde nt 40 15 6 21 82 Percentage (%) 48.M.78% 18.29% 7.B.
44% 100% S.K.61 % people have not trust over the FD Managers. Factor Lack of knowledge about fixed deposits 21 40 6 15 Enjoys investing in other options Its benefits are not enough to drive you for investment No trust over the FD managers INTERPRETATION: Most of investors have a problem face when investment time. PATAN 85 .78 % people face a problem of Lack of knowledge about fixed deposits.Other 7.27% 20.88% 2. Then 18.B.M. 25.S. Are Fixed Deposits safe for investment rather than Security market? TABLE-11 Scale STRONGLY AGREE AGREE NUTURAL DIS AGREE STRONGLY DIS AGREE TOTAL CHART-8 Responden t 35 24 17 4 2 82 Percentage (%) 42.MOTILAL OSWAL SECURITIES LTD.68% 29.73% 4. 5.32 % investor believe that its benefits are not enough to drive them for investment. 48.29 % Enjoys investing in other options .
88% 4 EE Percentage (%) Respondent 2. Here 42.73% 17 4.68 % people said that they are strongly agree that FD is safe for investment & 29.MOTILAL OSWAL SECURITIES LTD. 6.B. 40 35 30 25 20 15 10 5 0 42.44 % people said that they are strongly disagree with fixed deposit is safe for investment.88 % people said that they are disagree and only 2.K.M.68% 29. PATAN 86 ST RO N ST DI S AG R Responde nt 31 21 24 3 3 82 Percentage (%) 38% 27% 29% 3% 3% 100% . They also agree that fixed deposit gives constant return.27% 35 24 20. Does Fixed Deposits give more return than other? TABLE-12 Scale STRONGLY AGREE AGREE NUTURAL DIS AGREE STRONGLY DIS AGREE TOTAL CHART-9 S.S. They all are aware about FD.27 % persons are agree that only FD is right way to for investment in stock market. While 4.44% 2 EE IS G LY D AG R AG RE AG RE TU RA L NU E E G LY RO N INTERPRETATION: People are fully agreed that FD is right way for Investment to get constant benefits.
While 3% people are strongly disagreeing with fixed deposit gives more return.S. PATAN 87 . People in 29% are neutral for more return gives a fixed deposit.K. Then 27% are agreeing with more return then other investment.M.B.MOTILAL OSWAL SECURITIES LTD. S. RETURN 35 30 25 20 15 10 5 0 38% 27% 31 21 29% Percentage (%) 24 3% 3 STRONGLY AGREE NUTURAL AGREE DIS AGREE 3% 3 STRONGLY DIS AGREE Respondent INTERPRETATION: People are fully agreed that fixed deposit gives more return 38% strongly agree.
Where do you find yourself as a fixed deposit investor? TABLE-13 Scale Totally ignorant Partial knowledge of fixed deposits Aware only of any specific scheme in which you invested Fully aware Total Responde nt 17 34 23 08 82 CHART-10 Respondent 40 35 30 25 20 15 10 5 0 34 23 17 8 Respondent Totally ignorant Partial Aware only of Fully aware knowledge of any specific fixed deposits scheme in which you invested INTERPRETATION: S.B.S. 7.K.MOTILAL OSWAL SECURITIES LTD.M. PATAN 88 .
they are been ready to invest in FD.M. This shows that if companies try to aware people about FDs.K. When ask this question.MOTILAL OSWAL SECURITIES LTD. S. PATAN 89 .S.B. from 82 people. Who have partially knowledge about FD. 17 people does not know to invest in the fixed deposits. they are 34 people.23 people are aware about the some special scheme because they invest their money in it. Only 8 people from the respondents has fully aware about the fixed deposits.
MOTILAL OSWAL SECURITIES LTD. 8.S. S.15% reply from broker only. 8% reply from broker/ sub brokers and the remain 9 % people answered that from other sources. Where from you purchase fixed deposits? TABLE-14 Scale Directly from the AMCs Brokers only Brokers/ sub-brokers Other sources TOTAL CHART-11 Purchase Responde nt 55 12 7 8 82 Percentage (%) 68% 15% 8% 9% 100% 7 8 Directly from the AMCs Brokers only Brokers/ sub-brokers 55 Other sources 12 INTERPRETATION: When ask the question.B. PATAN 90 .M. 68 % people reply directly from the AMCs. from where did you purchase FD.K.
18 %and 4. 18. PATAN 91 . Percentages about the answers are respectively53.K.29 %.B.29% 23.65 %. 44 replied that they liked the diversification of FD.18% 4.65% 18.from82 respondents.Low risk and low transaction cost allured 19 people and 4 people replied that FD helps them to achieve long term goals. S.M.15 answers were about professional management . Which feature of the fixed deposits allure you most? TABLE-15 Scale Diversification Professional management Reduction in risk and transaction cost Helps in achieving long term goals TOTAL CHART-12 features 50 45 40 35 30 25 20 15 10 5 0 44 Responden t 44 15 19 4 82 Percent age (%) 53. 9.88 %.88% 100% 15 19 4 Respondent Diversification Professional Reduction in Helps in management risk and achieving long transaction term goals cost INTERPRETATION: On asking the above question.MOTILAL OSWAL SECURITIES LTD. 23.S.
B.MOTILAL OSWAL SECURITIES LTD.M.How many time periods you would like to invest in Fixed Deposit? TABLE-16 Scale 6 Months 1 Year 2 Years 3 Years More than 3 Years Total CHART-13 Respondent Responden t 32 27 10 9 4 82 Percentage (%) 39.02 % persons are investing six months investment.20% want to two and 10.87 % want to invest in fixed deposit.S. More than three year only 4.93% 12. 10.98% 4.K.93 % people want to investment in one year. 12.02% 32.20% 10. I am found that 39.98% to three years investment.87% 100% 9 10 4 32 6 Months 1 Year 2 Years 3 Years More than 3 Years 27 INTERPRETATION: People who are want to invest in long time they have two main options that whether hold with one fixed deposit scheme with short term or long term. PATAN 92 . S. 32.
MOTILAL OSWAL SECURITIES LTD. PATAN 93 .M.K.What is your Monthly Income? TABLE-17 Income Level 5000-10000 10000-15000 15000-20000 20000-25000 25000-30000 30000-35000 35000-40000 40000-45000 > 45000 Total Respondent 46 26 16 5 3 1 0 1 2 100 Percentage (%) 46% 26% 16% 5% 3% 1% 0% 1% 2% 100% CHART-14 S.S. 11.B.
K. income level.55) (0. p = 0. Total quantity of its invests is 54 % with good income.55 q = 0.M. Second level of income is 10000-15000. Income 50 45 40 35 30 25 20 15 10 5 0 46 5000-10000 10000-15000 26 16 5 15000-20000 20000-25000 25000-30000 30000-35000 3 35000-40000 1 0 1 40000-45000 Income Respondent INTERPRETATION: Most of investors of Mehsana city are of 5000 . PATAN 94 .45)/ 116} = √0.55 (55% of People in Survey are aware about the company Fixed Deposits) σ^x = √ (PQ/N) = √ {(0.45 n = 116 α = 0.S.55 (55% of People in Survey are aware about the company Fixed Deposits) H1: p≠0.B. It shows that the market of Mehsana is really potential for securities market.002133 = 0.10 p1= 67/116 =0. HYPOTHESIS TEST Test-1: whether 55% of People in Survey are aware about the company Fixed Deposits.10000 Rs.04619 S.5775 HYPHOTHESIS: H0: p=0.MOTILAL OSWAL SECURITIES LTD.
UL/LL = P ± σ * z Lower Limit = 0.K.5775 UL = 0. the sample mean P1=0. PATAN 95 .04642 S.50)/ 116] = √0.645 Rejection region 5% Acceptance region 45% 45% Rejection region 5% LL = 0.002155 = 0.50 (More than50% people believe FDs are safe for Investment.55 + (0.96) = 0.6405 Here.B.S.) H1: P>0.10 Total agree= 35+24 =59 P1 = 0.55 p1 =0.5086 H0: P=0.6405 45. so we accept the null hypothesis and reject the alternative hypothesis.96) = 0.) σ^x = √ (PQ/N) = √ [(0.04619) (1.04619) (1.50 q = 0.0% Z Corresponding value = 1. 0. Test-2 whether more than 50% Investors believe that FDs are safe for investment rather than other securities of company? p = 0.M.MOTILAL OSWAL SECURITIES LTD.(0. So we can say that 55% of People in Survey are aware about the company Fixed Deposits.5775 lie on Acceptance region.4594 0.4594 Upper Limit= 0.50 (50% people believe FDs are safe for Investment.50) (0.50 n = 116 α = 0.55 .
MOTILAL OSWAL SECURITIES LTD.04642) (1.5761 Here. the sample mean P1=0. so we accept the null hypothesis. So it is proved more than 50% Investors believe that FDs are safe for investment rather than other securities of company. Upper limit = P + σ *z = 0.M. S. So Z Corresponding value = 1.64) = 0.B.5086 which lie on Acceptance region.S.50 p1 0. PATAN 96 .50 + (0.64 Acceptance Region 45% Rejection Region 5% 0.K.5761 Acceptance region is 45 %.
Ltd is also good The company's total turnover is very high The return given to customers on their investment is high The company has good and experience dealers also The technology used by Motilal Oswal Secu. SWOT Analysis STRENGTH A large network is one of the most plus point of Motilal Oswal Secu. S. The time management of company is not proper. The service provided to customers by Motilal Oswal Secu. So many times some of employees have no work and this effects on their moral for work and wastage of time also.K. Lack of proper co-ordination between two departments of the company.B. Ltd is very powerful.M. FD is totally dependent on the research work so it is very beneficial for the FD. Ltd. WEAKNESS There is over staffing in company. Ltd is also very good. The leadership of Motilal Oswal Secu. Ltd is very advanced. The Research Team of Motilal Oswal Secu.S.MOTILAL OSWAL SECURITIES LTD. PATAN 98 .
THREAT The company has to face a cut throat competition Rules and regulation of government of India are also very tuff The increment in new competitors of company with new technology is also very fast. Due to this reason the investors of the other side of Mehsana can not take the more benefit of it. Company arranges seminars regularly for the increasing awareness about the services and its new products. In Mehsana city there is only one branch of Motilal Oswal. S.K.MOTILAL OSWAL SECURITIES LTD.S. The company has huge database of HNI customers. OPPORTUNITY The Security market of Mehsana is very potential. PATAN 99 . The growth of clients in company is constant. The place where the company is situated is a a very famous corporate place so it is beneficial for the company.B. So company can make its other branch at the other part of Mehsana also.M. so company can take benefit for its services special for FD.
Again the financial advisors can tap upon these people by educating them about fixed deposits. Whereas just 15 people enjoyed investing in other option. Now. The brokers and sub brokers have the maximum S. Out of the 116 persons who already have invested in fixed deposits/ are interested to invest.M. They lacked knowledge and information about the fixed deposits.K. So there is enough scope for the advisors to convert those 49 participants into investors through their convincing power and great communication skills. 23 people are aware of only the schemes in which they have invested. 34 possess partial knowledge whereas 8 stands nowhere in knowledge about FDs. 7 from brokers and sub-brokers even then 8 people buy from other sources. only 17 have sound knowledge of FDs. when those 49 people were asked about the reason of not investing in fixed deposits. PATAN 100 . RESEARCH FINDING AND CONCLUSION At the survey conducted upon 116 people.B.S. the benefits arousing from these investments were not enough to drive them for investment in FDs and 21 people expressed no trust over the fund managers' decision. For 6 people. 55 participants buy forms directly from the AMCs. 67 are already fixed deposit investors or are interested to invest in future and the remaining 49 are not interested in it. then most of the people held their ignorance responsible for that. 12 from brokers only.MOTILAL OSWAL SECURITIES LTD.
People are more interested in investing in FD than other investment.S.B. helps in achieving long term goals and helps in achieving long term goals respectively.M.MOTILAL OSWAL SECURITIES LTD. reach so they should try to make those investors aware f the happenings. Mostly people says that FD gives more return and safe other security. When asked about the most alluring feature of FDs. Market is potential but only few people investors know about the FD services. even the AMCs should follow it. PATAN 101 . The company has no any expert person for the marketing of FD the Company's Tips are highly demanded. S.K. People want to invest in FD but they are afraid about risk and high amount of FDs 35% people are not investing in fixed deposit because they believe in self manage of fund. followed by reduction in risk. most of them opted for diversification.
PATAN 102 .MOTILAL OSWAL SECURITIES LTD. Fixed deposits offer a lot of benefit which no other single option could offer. They should also maintain their decency and follow the code of ethics so that the investors could trust upon S. The advisors should target for more and more young investors. Young investors as well as persons at the height of their career would like to go for advisors due to lack of expertise and time. The advisors should try to charge a nominal fee at the beginning. The advisors may try to highlight some of the value added benefits of FDs such as tax benefit. But most of the people are not even aware of what actually a fixed deposit is? They only see it as just another investment option. rebalancing etc. and systematic transfer plan.K. Investors should be made to realize that ignorance is no longer bliss and what they are losing by not investing. rupee cost averaging.M. Now the most important reason for not availing the services of advisors was spotted was being expensive.B. Nobody will invest until and unless he is fully convinced. these benefits are not offered by other options singlehandedly. So the advisors should try to change their mindsets. So these are enough to drive the investors towards fixed deposits. Investors should be made aware of the benefits. But if not possible then they could go for offering more services and benefits at the existing rate. Investors could also try to increase the spectrum of services offered.S. Recommendations The most vital problem spotted is of ignorance.
S.K.S.MOTILAL OSWAL SECURITIES LTD. PATAN 103 . them.B. Thus the advisors should try to attract more and more persons and turn them into investors and finally their clients.M.
com www.K. PATAN 104 .com www.com www. Ltd.bseindia.com SEARCH ENGINE: Google Yahoo JOURNALS & OTHER REFERANCE Motilal Oswal Secu.njindiainvestment.MOTILAL OSWAL SECURITIES LTD. – Manuals Njindiainvestment – Manual The Economic Times S.B.nseindia.motilaloswalsecurities. BIBLIOGRAPHY WEB SITES: www.M.S.
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text: I was put up in this hotel by a company that I was doing business for. My initial research on the hotel and food was shocking with the prices. The day I arrived, I was greeted by my host at the airport and brought to the hotel. We had breakfast together, and again, I was in sticker shock. The price... More

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Santa Maria Sun / Art
The following articles were printed from Santa Maria Sun [santamariasun.com] - Volume 14, Issue 29
Santa Maria Library calls for artists
By JOE PAYNE
The Friends of the Santa Maria Library are preparing the third annual Drop Everything and Read Painted Chair Event, which features chairs painted by local artists and benefits the Friends of the Santa Maria Public Library.
The Friends of the Santa Maria Library will be giving away a number of paintable chairs to local artists on a first-come-first-served basis on Sept. 28 from 10 a.m. to 4 p.m. in the Lavagnino Plaza, Santa Maria Public Library, 421 S. McClelland St., Santa Maria. More information is available at 925-0727 or 937-4807.
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Selkey's Ultimate Sensational Sack
GBG Publishing
This magical bag is one of the many wondrous items created by the Grand Alchemist, Selkey, a Sorceress of great power who is known for her many extraordinary potions. It is said that Selkey created the first of her Sensational Sacks to keep all of her precious metals, gems and potions safe. To make this bag is a skill every one of her apprentices must master in order to become full Alchemists. From the quality of the materials used in the bag itself to the expansive room for your valuable books. Selkey's Sensational Sack will carry all that you will need for your own adventuresE wherever those will take you.
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Nicole's Reviews > The Crochet Stitch Bible
The Crochet Stitch Bible
by Betty Barnden
by Betty Barnden
Nicole's review
bookshelves: most-read, crochet, non-fiction
Jul 25, 2011
bookshelves: most-read, crochet, non-fiction
This book is a great stitch reference. The colour photos show the stitch texture. The book is coil bound, so it easily lays flat in front or beside you while you work. The instructions are both charted and written so you can use the book regardless of skill level or pattern preference. The instructions also include the pattern repeat multiples, and include the number of extra stitches needed in the foundation chain. I love using this book to add extra flair to plain patterns, or when designing my own patterns.
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