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PREFACE

Private Sector is one of the fastest growing sectors in the country. After
liberalization the private industry still holds vast opportunities for young and
experienced professionals.

Reliance Securities Limited offers most dynamic web based trading

environment to its customers. The Reliance Securities Limited stock trading
websites uses special security features, which makes online trading experience
more secure without complexity. It provide the vast opportunities to the new
aspirants of the management studies.

The financial sector is full of competition even if there are lots of opportunities
to the job in Reliance Securites Limited and it is the platform to go to the
highest peak in the life of any coming one.

Reliance Securities Limited is a single window that provides the multisystem

facilities of the financial products. There are many companies in the market
which are providing an array of financial products like stock broking, demat
account services, money changing, money transfer, gold coins, portfolio
management services, wealth management services, mutual funds, general
insurance , and the others.

Hence Reliance Securities Limited provides many financial products on the

single window.
Reliance Securities Limited deals in the following product and investment
options:

Equity ( stock ) broking

Derivatives trading

Forex trading

Commodity trading

IPO’s

Mutual Funds

Insurance

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 ACKNOWLEDGEMENT
First and Foremost, I would like to express my gratitude towards Reliance
Securities Limited for giving me this opportunity to work as a summer intern for
the duration of one and half month as a part of training of our course. , I would
take this opportunity to express my profound gratitude and deep regards to all
those who contributed in bringing my internship project to a successful closing.
I am obliged to acknowledge the exemplary guidance , monitoring and constant
encouragement throughout the course of this project of the following people.

Company Mentor :-

I would like to thank my company guide along with my employees for giving
me this opportuity to understand the marketing and operations practices in the
Securities limited Sector.

I would also like to express my profound and sincere gratitude to Anand

Engineering College for providing me with the opportunity to do my project at
the Reliance Securities Limited. Throughout the time I had Wonderful
experience about this project. I also thank to my all faculty members for their
suggestions & Advises.

Also, I am thankful to my parents and family members who are my constant

source of inspiration in every field of life and due to them I am whatever I am
today.

Thanking you.

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 ABSTRACT

This project has been a great learning experience for me; at the same time it
gave me enough scope to implement my analytical ability. This project as a
whole can be divided into two parts:

1. The first part gives an insight about the media share of voice of Reliance
Money vis-à-vis its competitors. It is purely based on whatever I have learned at
Reliance Money. It is based on the news featured on Reliance Money and its
competitors in the newspapers and business channels, which help to find out
which firm has a major share in the media.

2. All the topics have been covered in a very systematic way. The language has
been kept simple so that even a layman can understand. All the data have been
well analyzed with the help of charts and graphs.

In this stock trading market in India, only a few organization rule the market.
Reliance is one of the few rulers in the said market.

When it comes to the service industry, especially financial services, the

customer satisfaction forms a key part in driving the business. Hence this
project is designed to look into the detailed analysis of the customer satisfaction
gap analysis.

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 RELIANCE
SECURITIES LIMITED

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 Table of Contents
S.No Particular Page No.
1. Industry Profile 7
2. Company Profile 10
3. Mission and Vision of Company 12
4. Objectives of the Company 13
5. Policy and Procedure of Company 14
6. Competitors of Reliance Securities Limited 15
7. SWOT Analysis of Reliance Securities Limited 17
8. Products and Services of Company 21
9. Process of Opening Demat Account 28
10. Applications used for Opening Demat Account 33
11. Unlisted Share 38
11. Intial Public Offerings(IPO) 40
12. Mutual Funds 42
13. Debentures 45
14. Non- Convertible Debentures 47
15. Introduction of Cosmea Financial Holdings 50
16. Market Linked Debenture 51
17. Insurance 53
18. Life Insurance 57
19. HDFC Life-Sanchay Plus ( Special) 60
20. Health Insurance 71
21. Reliance Health Gain Insurance Policy 77
22. Reliance Health Infinity Insurance Policy 84
23. Tata AIA Life Insurance Company 92
24. Reliance Alphabaskets 99
25. Conclusions 104

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INDUSTRY PROFILE

This project pertains broadly to the financial service sector.

In today’s corporate and competitive world financial sector has the maximum
growth and potential as compared to other sectors. Financial products have the
maximum growth rate of 70-80% while FMGC has maximum 12-15% of
growth rate.

Yet, the penetration of investing in equity could hardly tap a mere 5% of the
great indian Market.

In last few years,

 India has emerged as the one of the most rapidly growing economies in
the world.
 India has been categorized with nations like Brazil, Russia and China
( BRIC Nations) who are going to be the prime drivers of world economy
in next few decades.
 Since the time, India first opened its gates to foreign investment( FDI
&FII), there has been a complete turnaround. Now the traditional Hindu
rate of growth is a thing of past and clocking 8-9% GDP growth rate is
the common norm.
 India along with other Asian powerhouse China makes for the fastest
growing nations in the entire world.
 Even in the case of ongoing global recession, India has managed to
perform far better than other nations. Right from banking system to
financial regularities, the country has thrived on discipline and out-
performance.
 The booming Indian economy resulted in widespread growth and arrival
of new industries.

All these resulted in a most sparkling phenomenon in the form of financial

market renovation of India. Financial services in India has’ taken a giant leap
from the days of standing in banks queue for several hours for opening a saving
account or trying to get some fixed deposits (FD) done. The financial service
have increased manifold and now people have the choice to choose the one that
most suitably fits the bill. These are several services like broking firms,
investment services. Financial consulting , evergreen national banks, numerous
private banks, mutual funds, car and home loans, equity market and other
banking services. Services are many and offered by blue chip names of the
industry.

Most of the companies in financial segment offer consultancy and all the
services of wide financial gamut.
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Competition

The industry is now in a fairly high growth phase. However the brokerage
industry is very cyclical and is impacted by activity levels in the markets.
During the downturns such as 2008-2009 recession period, the smaller players
were squeezed out of the business. As a result there is a contrast consolidation
happening in the industry.

As of now, the total population engaged in this industry is merely 5% and all the
competitors are in the process of tapping the largest share of this 5%. We can
conclude that the existing competition is undeniable fierce.

Potential of new entrants

A new entraint in addition to the above also needs a reasonable level of capital
to fund the working requirements of the business ( finance to customers,
deposits with exchanges, etc).
The scale requirements are increasing constantly and as a result a new entrant
will requie higher levels of investment in the future to enter the business. As
pointed out, it is likely to see many entrants in the industry.

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Power of the supplier
There are too many suppliers in this market and too little population demanding
the services. Hence the power of suppliers are extremely low. There is also a
lack of product differentiation which is making the market a worse one for the
existing players.

Power of the buyers/customers

This is important in the institutional brokerage business which involves high

volume and how brokerage charges. Too many players in the market has added
strength to the bargaining power of the buyers.

Threat of Substitutes

The products offered by all firms in this industry are somewhat differentiated,
however the purpose served by all is the same. Other Investment options such as
fixed deposits with banks can also be considered as a substitute.

In a summary, the industry has a moderate to low level of competitive

advantage. There is low level of customer lock-in and customer will move his or
her business if the brokerage rates are not competitive with rest of the industry.
The only competitive advantage for companies in this sector comes from size
and scale which enables them to leverage their size to reduce average costs and
thus make a profit on low brokerage margins.

In addition to high fixed costs, the industry has very low margin cost. As a
result the cost of adding an additional customer is low and per transaction costs
are limited. Due to this reason, we are seeing a constant pressure on the
brokerage rates has intensified the competition in the industry and is resulting in
consolidation with the top players.

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COMPANY PROFILE

Reliance Securities Limited is a Reliance Capital company and part of the

Reliance Dhirubhai Ambani Group. Reliance Securities is a permitted user of
the brand "Reliance Money" for promoting its various products and
services.
Reliance Securities Limited is a broking arm of Reliance Capital. It is one
of India’s largest retail broking houses with over 1 million customers and a pan-
India presence at more than 1,700 locations. The company is a corporate
member of both the Bombay Stock Exchange (BSE) and the National
Stock Exchange (NSE), and provides access to equities, derivatives, IPO's,
mutual funds, bonds and corporate FDs.

Reliance Securities, the broking & distribution arm of Reliance Capital, is one
of the India’s leading retail broking houses, providing customers with access to
equities, derivatives, currency, IPOs, mutual funds, bonds, and corporate FDs
amongst others. The large array of financial offerings helps customers fulfilling
their investment objectives on one platform.

Reliance Securities Limited is an unlisted public company incorporated on 17

June, 2005. It is classified as a public limited company and is located in
Mumbai City, Maharashtra. It's authorized share capital is INR 400.00 cr and
the total paid-up capital is INR 235.00 cr.
Reliance Securities Limited's operating revenues range is INR 100 cr - 500
cr for the financial year ending on 31 March, 2022. It's EBITDA has
decreased by -15.13 % over the previous year. At the same time, it's book
networth has increased by 17.33 %.
Description: Reliance Securities Limited operates as a brokerage firm.
Products & Services: Buys and sells Equities, Derivatives, Currency, IPOs,
Mutual funds
Type: Private Sector
Headquarter: Reliance Centre, Santa Cruz (East), Mumbai India
Key People: Lav Ramji Chaturvedi ( Chief Executive Officer )
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Reliance Securities Limited has four directors - Homai Ardeshir
Darwalla, Lav Ramji Chaturvedi, and others.
No. of Employees : 900
Website :- www.reliancesmartmoney.com
Slogan : #makeasmartmove

Reliance Securities endeavors to change the way investors transact in equities

markets and avails services. It also offers secured online share trading platform
and investment activities in secure, cost effective and convienent manner.
To enable wider participation, it also provides the convenience of trading offline
through variety of means, including Call & Trade,Branch dealing Desk.

Reliance Capital is one of India's leading and fastest growing private sector
financial services companies, and ranks among the top 3 private sector financial
services and banking groups, in terms of net worth.
Awards and Achievements
 India's largest e-broking house and Best Equity House 2009 - Awarded
by Dun and Bradstreet 2009.
 Reliance Money has been rated no. 1 by Starcom Worldwide for online
security and cost effectiveness in 2007.
 Reliance Money has been awarded Debutant Franchisor of the Year 2007
by Franchise India Holdings Ltd.

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 MISSION AND VISION OF RELIANCE SECURITIES
LIMITED

SUCCESS SUTRAS OF RELIANCE MONEY:

The success story of the company is driven by 9 Success sutras adopted by it,
namely: Trust, Integrity , Dedication, Commitment, Enterprise, Hard Work,
HomeWork , Team Work Play, Learning & Innovation, Empathy & Humility
and last but not the least it’s the Network. These are the values that bind
Reliance Money with success.

OUR MISSION

OUR VISION

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OUR PROMISE

OBJECTIVES OF THE COMPANY

 To attain global best practices and become a world-class utility.
 To provide uninterrupted, affordable, quality, reliable and clean power to
millions of customers.
 To achieve excellence in service, quality reliability, safety and customer
care.
 To work with vigor, dedication and innovation with total customer care
as the ultimate goal.
 To consistently achieve high growth with the highest levels of productivity.
 Reliability , safety and customer care as the ultimate goal.
 To earn the trust and confidence of all the stakeholders, exceeding their
expectations and make the Company a respected household name.
 To be a Technology driven , efficient and financially sound organization.
 To contribute towards commuity development and nation building.
 To be a responsible corporate citizen nurturing human values and concern
for society, the environment and above all the people.
 To promote a work culture that fosters individual growth, team spirit and
creativity to overcome challenges and attain goals.
 To encourage ideas, talent and value system.

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 RELIANCE SECURITIES BRANCH LOCATOR
Reliance Securities website provide the branch locator under customer service
section. This locator can be used to locate the branch nearby you.
One can find the nearest centre of Reliance Securities around you through this
link.
http://www.rsec.co.in/customer-care/branch-locator
RELIANCE SECURITIES: POLICY AND PROCEDURES
This Policy and Procedure document of Reliance Securities Limited ( RSL)
contains important information on trading in Equities, F&O and Currency
Derivative segment of the Exchange through RSL. All Clients should read this
document before trading. Since the dimensions of Securities Trading are
dynamic and ever changing environment and Regulatory provisions, framework
and environment.

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 COMPETITORS OF RELIANCE SECURITIES LIMITED

1. ICICIdirect
ICICIdirect is perceived as one of Reliance Securities's biggest rivals.
ICICIdirect is headquartered in Mumbai, Maharashtra, and was founded in
2000. Like Reliance Securities, ICICIdirect also operates in the Investment
Banking and Securities industry. ICICIdirect generates 82% the revenue of
Reliance Securities.

2. Ventura Securities
Ventura Securities is one of Reliance Securities's top competitors. Ventura
Securities is a Private company that was founded in 1994 in Thane,
Maharashtra. Like Reliance Securities, Ventura Securities also operates in the
Investment Banking and Securities field. Compared to Reliance Securities,
Ventura Securities has 700 more employees.

3. HDFC Securities
HDFC Securities has been one of Reliance Securities's top competitors. HDFC
Securities was founded in 06/2000 in Mumbai, Maharashtra. Like Reliance
Securities, HDFC Securities also works within the Investment Banking and
Securities field. HDFC Securities generates $186.9M more revenue than
Reliance Securities.

4. Motilal Oswal
Motilal Oswal Financial Services Ltd. (MOFSL) was founded in 1987 as a
small sub-broking unit, with just 2 people running the show. Focus on a
customer-first attitude, ethical and transparent business practices, respect for
professionalism, research-based value investing, and implementation of cutting-
edge technology has enabled us to blossom into a 9,800+ member team.

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 Today we are a well-diversified financial services firm offering a range of
financial products and services such as Private Wealth, Retail Broking and
Distribution, Institutional Broking, Asset Management, Investment Banking,
Private Equity, Commodity Broking, Currency Broking, and Home Finance.

5. Zerodha
We kick-started operations on the 15th of August, 2010 with the goal of
breaking all barriers that traders and investors face in India in terms of cost,
support, and technology. We named the company Zerodha, a combination of
Zero and "Rodha", the Sanskrit word for barrier.
Today, our disruptive pricing models and in-house technology have made us the
biggest stock broker in India.
Over 1+ Crore clients place millions of orders every day through our powerful
ecosystem of investment platforms, contributing over 15% of all Indian retail
trading volumes.

6. Angel Broking
We started our journey as a traditional stock brokerage firm in the year 1996.
We always felt that empathy is really important for our customers. Since the
beginning, our focus has always been “what the customer wants” and then to
match the right technology to fulfil their needs.That is how our journey and use
of technology started keeping customers at the centre stage. This led us in
growing our geographical presence all over the country..
Gradually, we changed into a Digital-first company to provide our clients
personalised financial journeys via a single app. We began our “Digital
Journey” in the year 2019 by offering an end-to-end digital investment solution
to our customers.

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 SWOT ANALYSIS OF RELIANCE SECURITIES LIMITED
Strengths of Reliance Securities
Strengths are the firm's capabilities and resources that it can use to design,
develop, and sustain competitive advantage in the marketplace
 Market Leadership Position - Reliance Securities has a strong
market leadership position in the Investment Services industry. It has
helped the company to rapidly scale new products successes.

 Brands catering to different customers segments within

Investment Services segment - Reliance Securities extensive product
offerings have helped the company to penetrate different customer segments
in Investment Services segment. It has also helped the organization to
diversify revenue streams.

 Strong brand recognition - Reliance Securities products have strong

brand recognition in the Investment Services industry. This has enabled the
company to charge a premium compare to its competitors in Investment
Services industry.

 Track record of innovation - Even though most players in the Financial

strive to innovate, Reliance Securities has successful record at consumer
driven innovation.

 Talent management -At Reliance Securities and skill development of the

employees - Human resources are integral to the success of Reliance Securities
in Investment Services industry.

 Diverse Revenue models - Over the years Reliance Securities has

ventured into various businesses outside the Financial sector. This has enabled
the company do develop a diversified revenue stream beyond Financial sector
and Investment Services segment.

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 Weaknesses of Reliance Securities
Weaknesses of Reliance Securities can either be absence of strengths or resources
of capabilities that are required but at present the organization doesn't have.
Decision makers have to be certain if the weakness is present because of lack
of strategic planning or as a result of strategic choice.

 High cost of replacing existing experts- Within the Reliance

Securities. Few employees are responsible for the Reliance Securities's
knowledge base and replacing them will be extremely difficult in the present
conditions.

 Loyalty among suppliers is low - Given the history of Reliance

Securities coming up with new innovations to drive down prices in the supply
chain.

 Declining market share of Reliance Securities with increasing

revenues - the Investment Services industry is growing faster than the
company. In such a scenario Reliance Securities has to carefully analyze the
various trends within the Financial sector and figure out what it needs to do
to drive future growth.

 Declining per unit revenue for Reliance Securities -

competitiveness in the Investment Services industry is putting downward
pressure on the profitability. A starting guide to manage this situation for
companyname is – objectively assessing the present value propositions of the
various products.

 Business Model of Reliance Securities can be easily imitated by the

competitors in the Investment Services industry. To overcome these
challenges companyname needs to build a platform model that can integrate
suppliers, vendors and end users.

 Extra cost of building new supply chain and logistics network -

Internet and Artificial Intelligence has significantly altered the business
model in the Financial industry and given the decreasing significance of the
dealer network Reliance Securities has to build a new robust supply chain
network. That can be extremely expensive.

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 Opportunities for Reliance Securities
Opportunities are potential areas where the firm chan identify potential for -
growth, profits, and market share.

 Lowering of the cost of new product launches through third party

retail partners and dedicated social network. Reliance Securities can use the
emerging trend to start small before scaling up after initial success of a new
product.

 Increasing customer base in lower segments - As customers have to

migrate from un-organized operators in the Financial industry to licensed
players. It will provide Reliance Securities an opportunity to penetrate entry
level market with a no-frill offering.

 Trend of customers migrating to higher end products - It represents

great opportunity for Reliance Securities, as the firm has strong brand
recognition in the premium segment, customers have experience with excellent
customer services provided by Reliance Securities brands in the lower segment.
It can be a win-win for the company and provides an opportunity to increase
the profitability.

 Local Collaboration - Tie-up with local players can also provide

opportunities of growth for the Reliance Securities in international markets.
The local players have local expertise while Reliance Securities can bring
global processes and execution expertise on table.

 Increasing government regulations are making it difficult for un-

organized players to operate in the Investment Services industry. This
can provide Reliance Securities an opportunity to increase the customer
base.

 Lower inflation rate - The low inflation rate bring more stability in the
market, enable credit at lower interest rate to the customers of Reliance
Securities. This will increase the consumption of Reliance Securities
products.

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 Threats to Reliance Securities
Threats are factors that can be potential dangers to the firm's business models
because of changes in macro economic factors and changing consumer
perceptions. Threats can be managed but not controlled.

 Competitors catching up with the product development - Even

though at present the Reliance Securities is still leader in product innovation in
the Investment Services segment. It is facing stiff challenges from
international and local competitors.

 Growing technological expertise of local players in the export market -

One of the biggest threat of tie-up with the local players in the export market
for Reliance Securities is threat of losing IPR. The intellectual property rights
framework is not very strong in emerging markets especially in China.

 Changing political environment with US and China trade war, Brexit

impacting European Union, and overall instability in the middle east can
impact Reliance Securities business both in local market and in international
market.

 Changing demographics - As the babyboomers are retiring and new

generation finding hard to replace their purchasing power. This can lead to
higher profits in the short run for Reliance Securities but reducing margins
over the long run as young people are less brand loyal and more open to
experimentation.

 Trade Relation between US and China can affect Reliance

Securities growth plans - This can lead to full scale trade war which can
hamper the potential of Reliance Securities to expand operations in China.

 Competitive pressures - As the new product launch cycles are reducing

in the Financial industry. It has put additional competitive pressures on players
such as Reliance Securities. Given the large customer base, Reliance Securities
can't respond quickly to the needs of the niche markets that disruptors are
focusing on.

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Products and Services of Reliance Securities Limited

1. Trading Portal
 Equity Broking
 Commodity Broking
 Derivatives ( Future & Options)
 Demat Account
2. Financial Products
 Mutual Funds
 Life Insurance
 ULIP plan
 Term plan
 Money Back Plan
 General Insurance
 Vehicle/ Motor Insurance
 Health Insurance
 Unlisted Share / IPO’s
 Advisory Baskets

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STOCK MARKET

The term stock market refers to several exchanges in which shares of publicly
held companies are bought and sold. Such financial activities are conducted
through formal exchanges and via over-the-counter (OTC) marketplaces that
operate under a defined set of regulations.

Both “stock market” and “stock exchange” are often used interchangeably.
Traders in the stock market buy or sell shares on one or more of the stock
exchanges that are part of the overall stock market.

The leading U.S. stock exchanges include the New York Stock
Exchange (NYSE) and the Nasdaq.

 Stock markets are components of a free-market economy because they

enable democratized access to investor trading and exchange of capital.
 Stock markets create efficient price discovery and efficient dealing.
 The U.S. stock market is regulated by the Securities and Exchange
Commission (SEC) and local regulatory bodies.

The stock market is an umbrella term for all of the stock exchanges in a country
or region. It includes venues where companies can sell shares of their stock to
the public, and investors can buy and sell those shares among one another after
they've been issued.

The stock market is volatile. As market prices swing up and down, you might
see reports of those movements splashed across the headlines, and with good
reason.

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8 GOLDEN RULES OF INVESTING IN THE STOCK
MARKET

1. Avoid the herd mentality.

2. Take informed decision.
3. Invest in business you understand.
4. Don't try to time the market.
5. Follow a disciplined investment approach.
6. Do not let emotions cloud your judgement.
7. Create a broad portfolio.
8. Have a realistic expectations.

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10 DAY TRADING STRATEGIES FOR BEGINNERS

1. Knowledge is Power.
2. Set Aside Funds.
3. Set Aside Time.
4. Start Small.
5. Avoid Penny Stocks
6. Time Those Trades.
7. Cut Losses With Limit Orders.
8. Be Realistic About Profits.
9. Stay Cool
10. Stick to the Plan

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PROS AND CONS OF STOCK MARKET
PROS OF STOCK MARKET

1. An ownership stake in a company

The shares listed in the market are either equity shares or preference shares
convertible to equity shares. These shares allow the shareholders to have an
ownership stake in the issuer company.

2. Exclusivity in transactions
Membership of stock exchange markets and resultantly trading used to be an
exclusive activity. Only the brokers and sub-brokers engaged in market
transactions, however with the introduction of exchanges and particularly online
trading it has become quite open to the general public.

3. Return on investment
As the majority of the listed shares are equity shares their value is directly
related to the value of the company, thus when a company is doing well there is
a substantial capital appreciation in the shares of the company which provides
good returns.

4. Good returns on investments in short time

As compared to other investment options in an ordinary scenario the returns on
stock market investments are much faster. For example, the average annual
return in real estate is 10.5%, for investments in gold it is 8.87% and for
government saving bonds it is 7.75%.

5. Right to vote
The equity shares give a right to vote to the shareholders on the matters
concerning their interests. Therefore, the Companies Act, 2013 requires the
approval of shareholders in an annual general meeting extraordinary general
meeting to take important decisions.

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CONS OF STOCK MARKET

1. Volatile investments
The share market is extremely volatile as there are numerous factors affecting
the value of shares like government policies, budget, sectoral events, company
disclosure, change in management of the company etc.

In addition to this, the market is also susceptible to rolling effect, i.e. when a
famous investor like Ketan Parekh or Rakesh Jhunjhunwala, invests of
disinvests from a company the effect is manifold and smaller investors follow
them leading to either exponential rise in its price or huge downfall in the
prices.

2. High brokerage and low margin

Although the market has now become much more accessible the brokers are still
needed for the smooth functioning of the market. The brokerage charge by them
is high leading to lower profit margins for the investors making the investment
option less attractive.

3. Impulsive investment
The impulsive investments like investments purely based on one’s impulses or
hear-say and not on research are likely to result in losses to the investors. With
experience and past losses, the investors learn the stock has to be analysed first
and invested later.

4. Lack of knowledge
One of the clear demerits of the stock exchange is the lack of knowledge the
investors have w.r.t. The investments they make and the companies they invest
in. Most of the issuers rely on the advice of their brokers or the general market
trend which may not be in their best interests.

Although the SEBI and stock exchanges require issuer companies to disclose
relevant information for the benefit of the investors, the majority of investors
are incapable of analysing and utilising this information for their benefit.

Page 26 of 105
To begin trading in equities, you need to have a:
 Bank account: Use this money for trading
 Trading account: Helps you place buy and sell orders in the stock
market, links bank & demat account
 Demat account: Enables you to store your shares in an
electronic platform

What is a Demat Account?

A dematerialised (demat for short) account allows you to hold your financial
instruments in an electronic form. . It makes the process of holding investments
like shares, bonds, government securities, Mutual Funds Investments, Insurance
and ETFs easier, that reduces the hassles of physically handling and maintaining
shares and related documents. To invest in the stock market, as an investor, you
need a demat account. All buying and selling of shares happens through a
Demat account.

Difference between Demat and Trading account

DEMAT ACCOUNT TRADING ACCOUNT
As an investor, you need a demat In comparison, you need a trading
account to deposit and hold your account to place ‘buy’ and ‘sell’
stocks when you purchase them. orders in the market. It is a requisite
Think of your demat account as a to conduct any transactions in the
savings bank account for your shares. stock market. You can register with
You can deposit and remove stocks any online stockbroking firm to create
from your demat account whenever an online trading account. When you
you like; just as you deposit and register, you are provided with a
withdraw money unique ID that allows you to trade in
from your bank account as per your the market.
convenience.

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 PROCESS OF OPENING DEMAT ACCOUNT
Here are the steps for opening a demat account with reliancesmartmoney.com:

1. Choose an intermediary
You may choose a bank, a brokerage, or any other financial institution as your
intermediary. An intermediary works as a middle-man between the stock
exchange and the investor. You can start your online account opening procedure
by filling up an account opening form with reliancesmartmoney.com

2. Documents required to open a demat account

Along with your account application form, you need to enclose documents for
identity and address proof.
List of mandatory documents to open a KYC account online with
reliancesmartmoney.com are:
 Identity Proof
 Address Proof
 Income Proof
 A cancelled cheque for account linking
 Pan Card
 Passport size photographs

Page 28 of 105
 3. Demat account Charges

4. Contract
Next, you should sign an agreement with your intermediary that includes details
on the rights and duties of the investor and the intermediary. You will receive a
copy of this agreement and details of charges, for future reference. It is wise to
check the document carefully before signing it.

5. Demat account number

After completing all the steps above, your bank/ brokerage firm (intermediary)
will open your demat account. They will then provide you with your demat
account number, also known as beneficial owner identification number (BO
ID). This will complete your account opening procedure.
After opening your demat account, you may start trading in equities. Investing
in equities can provide good long-term returns on your investments.
Additionally, you can be more well-versed and #makeasmartmove with the
investment choices by using the research provided on reliancesmartmoney.com.

Page 29 of 105
Page 30 of 105
 APPLICATIONS USED FOR OPENING DEMAT ACCOUNT

Reliance Digital Account Onboarding

Reliance Digital account Onboarding is an advanced mobile application Which

we used for opening the people demat account. This Application provide fast
and easy accss for opening the demat Account.

Features of Reliance Digital Account Onboarding

 Lower risks:
Physical securities are risky due to thefts, losses, or damages. In addition, bad
deliveries or fake securities pose further risks. These risks are eliminated with
the opening of a Demat account, which provides holders with the option of
holding all their investments in electronic form.

 Easy holding:
Maintaining physical certificates is a tedious job. Moreover, keeping track of
their performance is an added responsibility. Demat account holders can make it
more convenient to hold and track all their investments through a single
account.

 Reduced costs:
Physical certificates involved several additional costs, such as stamp duty,
handling charges, and other such expenses. These extra expenses are eliminated
with Demat accounts.

 Easy share transfers:

Investors can transfer their holdings through a delivery instruction slip (DIS) or
receipt instruction slip (RIS) for buying or selling shares.

Page 31 of 105
 Reduced time:
Due to the elimination of paperwork, the time required in completing a
transaction gets reduced. The reduced time requirement enables the account
holder to make more purchases and sales of security holdings in a shorter time
and with greater efficiency.

 Speed E-Facility:
The National Securities Depository Limited (NSDL) allows users to send
instruction slips electronically instead of physically submitting the slip to the
DP. This makes the procedure more convenient and less time-consuming.

 Corporate benefits & actions:

If the companies offer dividends, refunds, or interest to their investors, these
benefits are automatically available to the Demat account holders. In addition,
corporate actions like bonus issues, right shares, or stock splits are automatically
updated in the Demat account of all the shareholders.

Demat accounts are simple, fuss-free and extremely lucrative. In today’s day
and age, they are a must for financial planning.

Page 32 of 105
APPLICATIONS USED FOR TRADING IN STOCK MARKET

TICK PRO is an advanced mobile trading app that simplifies the complex world
of stock trading to the last level, empowering you to take full control of the
market.

The Main features are as below:

Scanners:- Now be aware of every opportunity the market has to offer you,
right on your mobile. Using Big Data Analytics our scanners throw filtered
stocks with trade opportunities or abnormal behaviour:

1. Rising and Falling Stocks

2. High Low Breakers

3. Volume Shockers

4. Spreads

5. Strong and Weak

6. Resistance and Support

7. Circuit Breakers

8. Open = High or Low

Strategies like Covered Call, Covered Put, Long Straddie and all with highest
implied Volatility, With analytics you can grab the Opportunity listed on your
screen!

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Snap Quotes: Find all the information you need to profit; at a swipe , View
market depth, Put Call Ratio, Resistance & Support, Future quote and much
more at a click.

Quick Search: Perfection is all about timing. Quick search stocks and make a
swift more effortlessly before you miss the winning moment.

Favourite Stocks: Tag a stock as your favourite anywhere on the App.

Manage a list of stocks that are most relevant to you. No searching around for
information.

Charts: You can now, determine the trend and trade directly through charts.
TICK PRO offers candie-sticks, line graphs a variour intervals that are real time
and streaming.

Option Calculator: Now shape your trading strategies effortlessly. Get best
decision support by knowing the profit potentials of your option trade and
make calculated and lucrative decisions.

Market Snapshot: Access all the market information on the go. Know more
in few seconds than you would know watching financial news all day.

Dashboard: View your account status and buying power at a glance.

Moreover, monitor your positions and orders status in real-time at a click.

Key Benefits of Tick Pro

1. With technological advancement and financial innovation

2. TICK Pro powers the trading, risk management and analytics needs
of equity trading.

3. The result is an app that keeps a trader in full control of the market,
and facilitates everything needed to quickly analyze new trading
opportunities.

4. Helps in Big Data Analytics

5. Get derivative strategies that meet your risk profile at a single click.

6. Get authentic information from across the web & social media for stocks,
sectors and global markets for quick trades

Page 34 of 105
 What’s more?
1. Transfer funds quickly
2. Tools for Technical Traders
3. Options Chain
4. List of stocks at R&S levels

What Products Can I trade or invest in using TICK PRO?

TICK PRO allows trading in NSE Cash, NSE Future & Option, NSE Currency and
BSE Cash, TICK PRO allows you to trade in Normal, MIS and CNC. Also you
can place orders type as Limit,Market Stop loss and Stop loss Market.

How can I download TICK PRO?

TICK PRO is avaliable for android and IOS version. You can download TICK
PRO through Google play store and Itunes.

Link to Download Tick Pro App:

Is it safe to trade on TICK PRO Mobile app?

Yes, It’s completely secure to trade as:

 Dual factor authentication in form of website password & security image
and questions.
 Device does not store any session details. This enhances the security in
case of loss of your mobile phone.
 Each session last for 15 minutes if there is no activity done.
 Data transfer between application and our order routing system is secured
with encryption.

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During this Second month of internship, I have improved my communication
skills as well because in order to open Demat Account. I had to approach new
people everyday and try to convince them so that they can open their Demat
Account with Reliance. I come to know how to use Tick Pro App of Reliance
and how to trade through this Tick Pro App of Reliance. Our Company mentor
also told us about Top Nifty 50 Companies List 2023 with their industry and
weightwage-wise.

Below is the list of Nifty 50 Stocks Weightage 2023 that are included in Nifty
50 index along with weightage sorted on the basis of percentages.

Page 36 of 105
Page 37 of 105
Note:- I haven’t taken any leave during this 2nd month of Finance internship
with Reliance Securities and have done all the task and attend the training
session successfully which really helps me to get better understanding of how
to trade in the stock Market using Tick Pro App of Reliance Securities and how
to convince others to open Demat Account.

I have activated my own account using Tick Pro App of Reliance which means
that I have buy and sell.

UNLISTED SHARES
 An unlisted security is a financial instrument that is not traded on a
formal exchange because it does not meet listing requirements.

 Unlisted securities are also called OTC securities, as trading is done on

the over-the-counter (OTC) market mostly by market makers.

 Unlisted stocks can be tracked via pink sheets or on the OTCBB.

Features of unlisted shares

1. Not listed on major exchanges

2. Low liquidity
3. Low volatility
4. High risk
5. Close market investment

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Difference between Listed Shares and Unlisted Shares

Unlisted shares Listed shares

They are not traded on

They are traded on the stock market
the stock market

These shares are issued by

startups or established Listed shares are issued by publicly
private companies traded companies

Unlisted shares have a

These shares are highly liquid
low liquidity

There is close contact There is little or no contact between the

between buyers and buyers and sellers of listed shares since
sellers of unlisted they mostly purchase them directly from
shares the stock market

They are a high-risk

They are a low-risk investment
investment

Page 39 of 105
INITIAL PUBLIC OFFERINGS(IPO)
An initial public offering (IPO) refers to the process of offering shares of a
private corporation to the public in a new stock issuance for the first time. An
IPO allows a company to raise equity capital from public investors.

The transition from a private to a public company can be an important time for
private investors to fully realize gains from their investment as it typically
includes a share premium for current private investors. Meanwhile, it also
allows public investors to participate in the offering.

FEATURES OF IPO

 An initial public offering (IPO) refers to the process of offering shares of

a private corporation to the public in a new stock issuance.

 Companies must meet requirements by exchanges and the Securities and

Exchange Commission (SEC) to hold an IPO.

 IPOs provide companies with an opportunity to obtain capital by offering

shares through the primary market.

 Companies hire investment banks to market, gauge demand, set the IPO
price and date, and more.

 An IPO can be seen as an exit strategy for the company’s founders and
early investors, realizing the full profit from their private investment.

Page 40 of 105
List of Unlisted Shares / Pre-IPO Shares with Price

Page 41 of 105
 MUTUAL FUNDS
A mutual fund is an investment vehicle that pools money from
multiple investors to purchase a portfolio of securities.

Mutual funds can invest in a wide variety of securities, from stocks and bonds
to commodities and alternative assets like real estate, or even a combination of
many different investments. The investments used will be determined by the
fund's investment objective. For example, a fund that seeks capital appreciation
may hold primarily stocks, while a fund seeking income may hold more bonds.

How Does a Mutual Fund Work?

A mutual fund works by pooling investor funds to purchase various securities.

A mutual fund company hires a professional money manager to oversee these
investments, called the portfolio, to maintain the fund's investment objective.

When you invest in a mutual fund, you're purchasing a proportional share of all
the investments the fund holds, much like how each slice of a pie has the same
ratio of ingredients. This is why mutual funds can be an effective means of
building a diversified portfolio with a small investment: Every dollar you invest
in a mutual fund is as diversified as the mutual fund as a whole.

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TYPES OF MUTUAL FUNDS

There are many types of mutual funds, such as:

 Stock funds, which invest primarily in stocks.

 Bond funds, which invest primarily in bonds.
 Asset allocation funds, which invest in a mixture of stocks and bonds.
 Target-date funds, which are asset allocation funds that change their
allocation as the fund approaches its "target date" – typically the date an
investor wishes to retire.
 Money market funds, which invest in liquid, cash-like investments.

Pros of Mutual Funds

 Diversification. Mutual funds can invest in hundreds or
even thousands of securities.
 Low cost. Passively managed mutual funds can have expense ratios
as low as 0%.
 Low minimum investment. While some mutual funds may
require you to buy a certain amount on your first purchase, such as
$1,000 or
$3,000, many have waived their investment minimums so you can start
investing for as little as $1.
 Ease of use. You can buy mutual funds on a per-dollar amount, so
you never need to worry about having enough money for an entire
share.

Page 43 of 105
Cons of Mutual Funds
 Potentially high fees. Mutual funds can have fees beyond just the
expense ratio, such as sales loads, which are charged when you buy or
sell the fund. Make sure to review all fees associated with the
investment before purchasing.
 Tax inefficiency. Mutual funds are generally less tax-efficient than
ETFs because mutual fund managers are required to distribute capital
gains to shareholders, so you may end up with a tax bill even if you
didn't sell your fund during the year.

Why invest in mutual funds?

Investing in mutual funds helps in wealth generation, safety of capital and regular
income. Mutual funds can also benefit by diversifying your investment. You get
expert management, tax savings benefits, liquidity,flexibility and convenience.
Therefore it is considered as one of the best avenues for investment.

Can you lose money in mutual funds?

The profit and loss in a mutual fund are highly dependent on the underlying
security performance andmarket's performance. Therefore due to this volatility
there is no assurance that you will not lose money in the mutual funds. Though
experts recommend that before investing in them one should have a clear
understanding on how mutual funds work.

What are the factors you need to consider while choosing the
best mutual fund scheme?

Before choosing a mutual fund scheme one should look for the following factors
like performance, AMC track record, the fund manager's experience,
performance against category, expense ratio, the scheme's Assets Under
Management (AUM), etc.

Page 44 of 105
 DEBENTURES
In corporate finance, a debenture is a medium- to long-term debt instrument
used by large companies to borrow money, at a fixed rate of interest. The legal
term "debenture" originally referred to a document that either creates a debt or
acknowledges it, but in some countries the term is now used interchangeably
with bond, loan stock or note.

A debenture is thus like a certificate of loan or a loan bond evidencing the

company's liability to pay a specified amount with interest.

Features of a Debenture
When issuing a debenture, first a trust indenture must be drafted. The first trust
is an agreement between the issuing corporation and the trustee that manages
the interest of the investors.

1. Interest Rate
The coupon rate is determined, which is the rate of interest that the company
will pay the debenture holder or investor.

2. Credit Rating
The company's credit rating and ultimately the debenture's credit rating impacts
the interest rate that investors will receive.

3. Maturity Date
For nonconvertible debentures, mentioned above, the date of maturity is also an
important feature. This date dictates when the company must pay back the
debenture holders.

Page 45 of 105
Types of Debentures

Pros

 A debenture pays a regular interest rate or coupon rate return to investors.

 Convertible debentures can be converted to equity shares after a specified

period, making them more appealing to investors.

 In the event of a corporation's bankruptcy, the debenture is paid before

common stock shareholders.

Cons

 Fixed-rate debentures may have interest rate risk exposure in

environments where the market interest rate is rising.

 Creditworthiness is important when considering the chance of default risk

from the underlying issuer's financial viability.

 Debentures may have inflationary risk if the coupon paid does not keep
up with the rate of inflation.

Note:- During the Internship I have learned many things about Non-
Convertible Debentures. That’s why I will share my knowledge regarding that.

Page 46 of 105
NON- CONVERTIBLE DEBENTURE
Non-convertible debentures, which are simply regular debentures, cannot be
converted into equity shares of the liable company. They are debentures without
the convertibility feature attached to them. As a result, they usually carry higher
interest rates than their convertible counterparts.

Why is it called non-convertible?

Some debentures can be converted into shares after a certain point in time. This
is done at the discretion of the owner. However, this is not possible in the case
of NCDs. That's why they are known as non-convertible. Even though NCDs
cannot be converted into shares, they offer other benefits.

The interest rates offered on NCD debentures are more or less fixed. On
maturity, the investor will get back the principal amount along with interest.
Since NCDs are not backed by collateral, but just the creditworthiness of the
issuer, ratings given by credit rating agencies become important. Such ratings
help investors to understand the history of the issuer’s creditworthiness and
what it may look like in the future.

Page 47 of 105
Types of Non-Converitible Debenture

 Secured NCDs:- A secured NCD is one that is backed

by the company'sassets. In case the company fails to pay.
investors can claim payment through liquidation assets.

 Unsecured NCDs:- An unsecured NCD is one that is not

backed by the company's assets. As a result, they are riskier
than secured NCDs.

How to Purchase NCDs?

The issuing company begins the public issue of its NCD for a specified period.
NCDs are listed on the stock exchange after that as specified by the company.

After it gets listed on the stock exchange, one can invest in NCDs through
registered brokers or any other medium through which the stock exchange can
be accessed.

Page 48 of 105
Advantages of Non-convertible debentures
There are mainly 4 advantages that investors see during investing in NCD.

 Every company that seeks to raise money through an NCD is rated by

agencies such as Fitch Ratings, CRISIL, ICRA and CARE so the
information provided is verified and the chances of fraud are zero.

 NCDs issued by NBFC’s normally pay an interest rate of 150-175 basis

points higher than what banks pay on their FDs. Since most of the
NBFCs issuing these NCDs are reputed and well-capitalized, investors do
not see much risk in investing in them.

 The other advantage of NBFCs is if the rates start falling by 25 to

50 basis points from current levels, then the investor enjoys capital
appreciation on these NCDs.

 Debentures have a first or second charge on the assets of the issuer so

are much safer as compared to other unsecured forms of investment.

Disadvantages of Non Convertible Debentures

 Taxwise these NCDs are not very efficient. For example, even
though NCD pays around 9%-10% coupon rate, the actual returns are
less than 7% on a post-tax basis.

 Inflation is another major risk. Inflation eats into your profit. Most of
the NCDs mention returns in nominal terms which may not give the
right idea about the soundness of return. The real return will always be
less than the nominal return. Real return, simply defined, is nothing but
the nominal return minus the inflation. Hence if inflation goes up, the
real return will go down.

 There are no guaranteed returns beyond the Government bonds and

bank fixed deposits (even bank FD has risk but it is very low). Hence
the moment investors see promises of returns larger than the returns
offered by Government bonds; they should intuitively understand that
this will expose them to risk. This is the cardinal rule of investing.

Page 49 of 105
 INTRODUCTION OF COSMEA FINANCIAL HOLDINGS

Cosmea Financial Holdings, a new-age financial firm promoted by Sam Ghosh, has
entered into a joint venture with Mumbai-based wealth and investment
management fintech startup Orowealth to launch digital-first mutual fund Torus
Oro AMC [Asset Management Company].

As per the agreement, Cosmea Financial will hold a 74% stake in Torus Oro AMC,
while OroWealth and its founders will hold the remaining 26%. Torus Oro
AMC has applied for an AMC license with market regulator Sebi and expects to
launch its operations this year, subject to applicable approvals.

The digital-first AMC aims to have Rs 10,000 crore in AUM over three years,
focusing primarily on passive, smart beta, international, and retirement
products. Nitin Agrawal, one of the founding members of OroWealth, will be
the CEO of Torus Oro AMC and will be heading the business along with his
other founding members, who will also join the team.

Cosmea Financial Holdings will bring necessary capital and its distribution
strength, both digital and physical, while the OroWealth management team will
bring in technology and current distribution tie-ups .

Page 50 of 105
MARKET LINKED DEBENTURE
Market linked debentures (MLDs) are a type of debt instruments that offer
returns based on the performance of an underlying market index or instrument.
They are issued by companies or financial institutions to raise funds from
investors who are willing to take some market risk for higher returns.

Previously, market-linked debentures (MLDs) had a face value of INR 10 lakhs,

making them an attractive option for high-net-worth individuals (HNIs).
However, since January 1, 2023, SEBI has reduced the face value to INR 1
lakh, making it easy for individual investors also to purchase MLDs.

Page 51 of 105
Page 52 of 105
INSURANCE
The literal meaning of insurance would be an assurance against unforeseen and
unfortunate loss. This means, that if you encounter a less than normal event in
your normal course of life, and happen to incur a financial loss because of it,
you can be compensated.
For example, you met with an accident on your way to the office in your car and
the car suffers damage. Your insurer can reimburse the repair expenses in this
case. However, the insurer will not reimburse normal wear and tear like a
headlamp stopped working.
Legally insurance has been defined as a contract where the insurer agrees to
compensate the insured against the losses incurred due to any unforeseen
contingency. The contract also involves a consideration which is called a
premium. The maximum available benefit amount is called sum assured or sum
insured.

Why do we Need Insurance?

Life is uncertain; there are no guarantees or predictions about what will happen
in one's life. Similarly, businesses also don't have any guarantee as they face
many unexpected losses or damages in the long run. Assets like cars, bikes, etc.
also don't have any certainty in their lifetime, they can get stolen or damaged in
the long run. One can fight all these risks with an insurance cover.

Page 53 of 105
Functions of Insurance
The functions of insurance can be listed as follows:
 They provide certainty to the insured.
 They ensure the protection of the family.
 They are risk-sharing policies.
 They prevent the damages that can come from loss.
 It provides capital.
 It’s known for improving efficiency.
 It helps in boosting the economy.

Importance of Insurance
Insurance plays a major role in the insured’s life. Here are a few pointers
that will show how:
 The insured’s family is protected with the help of insurance at the time
something unexpected happens. Their family doesn't have to worry about
the monetary aspects of the finances in this case.

 We all know that unexpected events can occur at any time and are a part
of life. In case of any injury, illness, or death, finances are the last thing
that they need to worry about. This way, their emotional stress is also
reduced to an extent.
 Insurance is a great financial security to an individual's family. An
insurance policy gives the family the coverage needed as well as the
courage to move on.

 Insurance is peace of mind for the insured in case of theft or medical

emergency. This way they would not have to go and arrange money or go
into a panic mode.

 The funds which are provided by the insurance company are well enough
for managing the school fees of the insured children. It also takes care of
their standard of living.

Page 54 of 105
 Types of Insurance

After having gone through the following points, one can get an answer to the
question of how many types of insurance are there?

1. Health Insurance
Health insurance is a contract that is formed between a health insurer and a
policyholder. This policyholder is also known as the insured person. In this
contract, the health insurer agrees to pay the full medical cost of the insured or
just a portion of it.

2. Car Insurance
Vehicle insurance covers cars, motorcycles, trucks and all the other vehicles
running on the road. This insurance is meant for giving protection against any
physical damage or bodily injury that the vehicle suffers from recklessness or an
accident. All the cost incurred to repair the vehicle is met by the insurance
company.

3. Life Insurance
Life insurance is a contract in which the beneficiary is paid a fixed amount of
money by the insurer after the death of the insured. The beneficiary uses this
money to clear out the debts of the insured and also to meet his/her financial
expenses after the death of the insured. The beneficiary is usually the spouse of
the deceased. The beneficiary name is mentioned in the contract.

4. Homeowners Insurance
Homeowners' insurance protects one's house from the uncertainty of any
damages. The insurance covers the house the insured person resides in and other
associated structures connected to the house such as the balcony, garage and
porch.

Page 55 of 105
5. Umbrella Insurance
Umbrella insurance is also known as liability insurance. It covers the cost that is
incurred in excess of other insurance policies. It gives a person extra coverage
on another type of insurance policy that he/she is in.

6. Renters Insurance
Renters insurance is meant for tenants who use it to protect their personal
property from any damage or theft. The insurance covers all the assets owned
by the tenants. This is done because the landlord doesn’t take any responsibility
for the assets of the tenant. Nowadays, landlords are not allowing tenants who
don't have renters insurance.

7. Travel Insurance
Travel insurance is good for those people who travel a lot. It covers trip
cancellations, lost or misplaced luggage, travel accidents and even medical
expenses.

8. Pet Insurance
Pet insurance is meant for meeting all the expenses that are incurred concerning
the sickness and accidents of the pet. All the medical expenses of the pet are
taken care of by the insurer.

9. Auto Insurance
Auto insurance can help pay claims if you injure or damage someone else's
property in a car accident, help pay for accident-related repairs on your vehicle,
or repair or replace your vehicle if stolen, vandalized, or damaged by a natural
disaster.

Page 56 of 105
In the above paragraph I will discuss two main insurance which I learned
during my internship.

1. Life Insurance
2. Health Insurance

LIFE INSURANCE
Life Insurance can be defined as a contract between an insurance policy holder
and an insurance company, where the insurer promises to pay a sum of money
in exchange for a premium, upon the death of an insured person or after a set
period.

What are the benefits of having Life Insurance?

Life insurance can offer several benefits to you and your loved ones, including
the following:

 Financial Security
When you buy a life insurance policy, the insurance company charges a
premium in exchange for providing financial security to your
beneficiaries in case of an unfortunate event of death. The proceeds from
life insurance can be used by the beneficiaries as an income replacement
to cover day-to- day expenses.

 Wealth Creation
Some life insurance plans offer you the option to invest and grow your
money. This enables you to stay financially prepared for your future
needs. Life insurance can offer good returns and income.

 Tax benefits

Life insurance plans offer multiple tax$ benefits. The premiums paid
towards a life insurance plan are deductible up to ₹ 1.5 lakh per annum
under Section 80C$ and the maturity benefits are also tax-free subject to
conditions prescribed under Section 10(10D)$ of The Income Tax Act,
1961.

Page 57 of 105
Types Of Life Insurance Plans
There are two basic types of Life Insurance plans -
1. Pure Protection
2. Protection and Savings

What is Pure Protection Plan?

A Pure Protection plan is designed to secure your family’s future by providing a
lump sum amount, in your absence.

What is Protection and Savings Plan?

A Protection and Savings plan is a financial tool that helps you plan for your
long- term goals like purchasing a home, funding your children’s education, and
more, while offering the benefits of a Life Cover.

More Types of Life Insurance Plans

1. Term Insurance Plans
Term insurance protects your family’s financial future if something were to
happen to you. Designed as a simple and affordable way to give financial cover,
a term plan is a vital part of financial planning for the primary wage earner in a
family.
Term insurance is a pure protection plan and is not market-linked. Moreover,
the premiums for term insurance are lower as compared to any other life
insurance product. The premiums are also more affordable if you buy them
early in life. Experts often suggest that term plan should be a priority for you as
soon as you start earning.

2. ULIPs – Unit Linked Insurance Plans

A unit linked insurance plan (ULIP) is a combination of insurance and
investment. A ULIP provides life cover that offers financial protection for your
loved ones. In addition to this, it also gives you the potential to create wealth
through market-linked returns from systematic investments.

3. Endowment Insurance Plans

Endowment plans are ideal for people who want guaranteed returns along with
the protection of life insurance. An endowment plan is a life insurance policy
that provides life coverage along with an opportunity to save regularly. This
enables you to receive a lump sum amount on the maturity of the policy. In case
of death during the policy term, your nominee(s) also receives a death benefit.

Page 58 of 105
4. Money Back Insurance Plans
A money back plan is a life insurance policy where the insured person gets a
percentage of sum assured at steady intervals. Since you save regularly, the
money back plan rewards you regularly. In simple words, a money back plan is
an endowment plan with the benefit of increased liquidity with systematic
payouts. Money back plans are designed to help you meet your short-term
financial goals. The money back feature can add to your monthly or yearly
income.

5. Whole Life Insurance Plans

A whole life insurance plan is a life insurance policy that gives you life
coverage for 99 years. Unlike other policies that have a relatively shorter term
of 10-30 years, the long coverage period of such plans ensures protection for
your family for an extended period of time.

6. Child Insurance Plans

Children deserve the best, and a child insurance plan helps to build a corpus for
your child’s future. A child plan is one of the most vital financial planning tools
for parents. These plans can help you build a significant sum for your child’s
education and marriage expenses.

7. Retirement Insurance Plans

Retirement plans are designed to help you build a sizeable corpus for your post-
retirement days. They help you gain financial independence in your non-
working years. A retirement plan allows you to save and invest for the long-
term, thereby offering the potential to accumulate a significant amount of
wealth. Since retirement plans offer insurance benefits, you can also ensure
financial security for your loved ones by investing in these plans.

Page 59 of 105
HDFC Life - Sanchay Plus (Special)
HDFC Life - Sanchay Plus (Special)

Life becomes more meaningful with the achievement of personal milestones.

But these milestones are often accompanied by added responsibilities and
expenses. Financial planning for key life stages such as marriage, parenthood,
retirement, etc. becomes crucial to help us prepare for these expenses. Life
Insurance plans can help you achieve such goals whilst safeguarding the
family’s future against unforeseen events.

While there are many opportunities that come with respective benefits, the
assurance and convenience that a life insurance plan with guaranteed benefit
offers is irreplaceable.

“Sanchay Plus” is a non-participating, non-linked, savings insurance plan that

offers guaranteed returns for you and your family.

Features of Sanchay Plus (Special):

 Guaranteed benefits – Rest assured of the returns
 Life Long and Long Term Income options return the total premiums paid
1 at the end of payout period
 Enhanced benefit for policies with Annual Premium more than INR
150,000
 Tax benefits – You may be eligible for tax benefits as per prevailing tax
laws
 Optional Riders – Enhance your protection coverage with rider options on
payment of additional premium

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Why HDFC Sanchay Plus?

 Life cover to protect the family's future

 Steady retirement income with Life Long Income Option.
 Guaranteed Benefit Payouts.
 Guaranteed1 Income for a fixed term of 10, 12, 25, 30 years or lifelong.
 Tax benefits as per prevailing tax laws.
 Return of total Premium(s) paid at the end of Payout Period.

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 Plan Variant

 Guaranteed Maturity Option- A plan option which offers maturity benefit in

as lumpsum for a fixed term.

 Guaranteed Income option – A plan option which offers maturity benefit in

the form of Guaranteed Regular Income for a fixed term of 10 or 12 years.

 Life Long Income option – A plan option which offers maturity benefit in the
form of Guaranteed Regular Income up to age of 99 years and return of total
premiums paid at the end of payout period.

 Long Term Income option – A plan option which offers maturity benefit in
the form of Guaranteed Income for a fixed term of 25 or 30 years and return of
total premiums paid at the end of payout period.

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Guaranteed Maturity Option

Maturity Benefits

This option offers a guaranteed maturity benet payable as lump sum at the end
of policy term upon payment of all due premiums and the life assured surviving
the policy term.

The maturity benet is equal to Guaranteed Sum Assured on Maturity plus

accrued Guaranteed Additions.
Where, Guaranteed Sum Assured on Maturity shall be equal to Single Premium
in case of Single Pay Policy and equal to total Annualized Premium payable
under the policy during the premium payment term in case of Limited Pay
Policy.

Guaranteed Additions

Guaranteed Additions varies from 49.1 to 125.1 per 1000 Guaranteed Sum
Assured on Maturity depending upon entry age & PPT.

Guaranteed Additions (GA) will accrue at every policy anniversary as detailed

below
• For Single Pay; from year 2 onwards
• For PPT 5 years GA will start accruing from year 6 onwards
• For PPT 6, 7 & 8 GA will start accruing from year 7 onwards
• For PPT 9 & 10 GA will start accruing from year 8 onwards

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 Death Benefit:
In case of death of Life Assured during the policy term, the death benet equal to
Sum Assured on Death plus Accrued Guaranteed Additions shall be payable to
the nominee.
Sum Assured on Death is the highest of:

o 10 times the Annualized Premium1 / 1.25 times the Single Premium, or

o 105% of Total Premiums paid, or
o Guaranteed Sum Assured on Maturity, or
o an absolute amount assured to be paid on death, which is equal to the Sum
Assured.

Sum Assured shall be equal to the applicable Death Benet Multiple times the
Annualized/ Single Premium. The applicable Death Benet Multiples are specied
below.
Upon the payment of the death benet, the policy terminates and no further benets
are payable.

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Guaranteed Income Option
Maturity Benefit:
This option pays you a maturity benefit in the form of Guaranteed Income for
fixed term of 10 or 12 years upon payment of all due premiums and life assured
surviving the policy term.

The amount of guaranteed income shall be equal to the percentage of Annualized

/ Single Premium depending upon the Premium Payment Term and Policy Term

On the maturity date, you shall have an option to receive the Guaranteed Sum
Assured on Maturity, which under this option, shall be the present value of
future payouts, discounted at a rate of 9% p.a. This interest rate is not
guaranteed. However, any change in the interest rate will be subject to prior
approval of the Authority and will be applicable only to the policies sold after
the date of change.

At any point of time during the Payout Period, you shall have an option to
receive the future income as a lump sum, which shall be the present value of
future payouts, discounted at a rate which is computed using the prevailing
interest rates described below.

On death of the Life Assured during the Payout Period, the nominee shall
continue receiving Guaranteed Income as per Income Payout Frequency &
benet option chosen till the end of Payout Period. The nominee shall have an
option to receive the future income as a lump sum, which shall be the present
value of future payouts, discounted at a rate which is computed using the
prevailing interest rates as described below.

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 Death Benefit:
In case of death of Life Assured during the policy term, the death benet equal to
Sum Assured on Death shall be payable to the nominee.

Sum Assured on Death is the highest of:

o 10 times the Annualized Premium / 1.25 times the Single Premium,or
o 105% of Total Premiums paid, or
o Premiums paid accumulated at an interest of 5% p.a. compounded annually, or
o Guaranteed Sum Assured on Maturity, or
o an absolute amount assured to be paid on death, which is equal to the
Sum Assured

Sum Assured shall be equal to the applicable Death Benet Multiple times the
Annualized / Single Premium. The applicable Death Benet Multiples are
specied below.

Upon the payment of the death benefit, the policy terminates and no further
benets are payable

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Life Long Income Option
Maturity Benefit:
This option offers a benefit of a guaranteed income up to age 99 years and a
return of premium at the end of payout period upon payment of all due
premiums and life assured surviving the policy term

The amount of guaranteed income shall be equal to the percentage of Annualized

/ Single Premium depending on the Premium Payment Term and Policy Term.

At the end of the Payout Period, the policy terminates by returning Total
Premiums paid

On the maturity date, you shall have an option to receive the Guaranteed Sum
Assured on Maturity, which under this option, shall be the present value of
future payouts, discounted at a rate of 9% p.a. This interest rate is not
guaranteed. However, any change in the interest rate will be subject to prior
approval of the Authority and will be applicable only to the policies sold after
the date of change.

At any point of time during the Payout Period, you shall have an option to
receive the future income as a lump sum, which shall be the present value of
future payouts, discounted at a rate which is computed using the prevailing
interest rates described below

On death of the Life Assured during the Payout Period, the nominee shall
continue receiving Guaranteed Income as per Income Payout Frequency &
benet option chosen till the end of Payout Period. The nominee shall have an
option to receive the future income as a lump sum, which shall be the present
value of future payouts, discounted at a rate which is computed using the
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prevailing interest rates as described below

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 Death Benefit:
In case of death of Life Assured during the policy term, the death benet equal to
Sum Assured on Death shall be payable to the nominee.

Sum Assured on Death is the highest of:

o 10 times the Annualized Premium / 1.25 times the Single Premium, or
o 105% of Total Premiums paid, or
o Premiums paid accumulated at an interest of 5% p.a. compounded annually, or
o Guaranteed Sum assured on Maturity, or
o an absolute amount assured to be paid on death, which is equal to the Sum
Assured.

Sum Assured shall be equal to the applicable Death Benet Multiple times the
Annualized/ Single Premium. The applicable Death Benet Multiples are specied
below.
Upon the payment of the death benet, the policy terminates and no further
benets are payable.

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Life Term Income Option
Maturity Benefit:
This option offers a benefit of guaranteed income for fixed term of 25 or 30
years and a return of premium at the end of payout period upon payment of all
due premiums and life assured surviving the policy term.

The amount of guaranteed income shall be equal to the percentage of Annualized

/ Single Premium depending upon the Premium Payment Term and Policy Term.

At the end of the Payout Period, the policy terminates by returning Total
Premiums paid.

On the maturity date, you shall have an option to receive the Guaranteed Sum
Assured on Maturity, which under this option, shall be the present value of
future payouts, discounted at a rate of 9% p.a. This interest rate is not
guaranteed. However, any change in the interest rate will be subject to prior
approval of the Authority and will be applicable only to the policies sold after
the date of change.

At any point of time during the Payout Period, you shall have an option to
receive the future income as a lump sum, which shall be the present value of
future payouts, discounted at a rate which is computed using the prevailing
interest rates described below

On death of the Life Assured during the Payout Period, the nominee shall
continue receiving Guaranteed Income as per Income Payout Frequency &
benet option chosen till the end of Payout Period.

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Death Benefit:
In case of death of Life Assured during the policy term, the death benet equal to
Sum Assured on Death shall be payable to the nominee

Sum Assured on Death is the highest of

10 times the Annualized Premium / 1.25 times the Single Premium, or

o 105% of Total Premiums paid, or
o Premiums paid accumulated at an interest of 5% p.a. compounded annually, or
o Guaranteed Sum Assured on Maturity, or
o an absolute amount assured to be paid on death, which is equal to the
Sum Assured

Sum Assured shall be equal to the applicable Death Benet Multiple times the
Annualized / Single Premium. The applicable Death Benet Multiples are
specied below.

Upon the payment of the death benefit, the policy terminates and no further
bene- ts are payable.

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HEALTH INSURANCE
The famous saying “health is wealth” is more than just a catchphrase. It is a
fundamental truth. Your health is priceless - and so is the health of your family.
You cannot buy it with money. That’s why you must always protect and
prioritise your own and loved ones’ health. However, there are times when you
simply cannot avoid certain medical emergencies.

For example, life is unpredictable and can throw unexpected events at us.
Falling sick or getting injured is one of those events that can happen at any time.
In such cases, access to quality healthcare becomes crucial. You might need to
undergo diagnostic tests, consult a specialist, or even get admitted to a hospital
for treatment. All of these medical expenses can add up quickly and affect your
pocket. This is where a trusted health insurance plan comes into the picture.

A good health insurance plan offers coverage for medical expenses related to
doctor fees, lab tests, medicine costs, hospitalisation bills and much more. It
also helps you to save taxes* under section 80D of the Indian Income Tax Act.
By investing in a great health insurance policy, you can prioritise your health,
protect your wealth and enjoy peace of mind knowing that you're covered in
case of unexpected medical costs.

To summarise, a top health insurance plan from a reliable provider gives you:
 Assured medical protection
 Tax benefits
 Enhanced financial support

While multiple insurance providers in the market claim to provide you with
comprehensive insurance plans, only a few stand by their words. We, at
Reliance General Insurance, have a successful track record of helping people

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 What is Health Insurance ?
A health insurance policy is a contract between you and your insurance
company. Under this contract, you pay a certain amount (premium) on a regular
basis to your insurance company.

In turn, the insurance company agrees to help you with the medical expenses
that you may incur due to unexpected illness or injury. These expenses typically
include doctor consultation fees, diagnostic tests, medicine bills, ambulance
fares, hospitalisation bills and more as per your policy terms and conditions.

Reasons to Choose Reliance General Insurance

India is currently facing one of the highest medical inflation rates in the world3.
This has made it essential for you to get a customised health insurance policy
that meets your present and future needs. Why? A health insurance plan from a
trusted insurance provider can simplify your life easier by making treatments
affordable even with sky-rocketing
healthcare expenses.

Reliance General Insurance is one of the leading name in the Indian insurance
industry. We have health insurance policies offering coverage up to Rs.5 crore,
more than 9,100 cashless hospitals and a 98.6%^ claim settlement ratio. Our
diverse insurance portfolio range from individual health insurance plans to
family floater mediclaim policies.

 3 crore+ policyholders
Widely loved and trusted by our customers.

 Versatile portfolio
Coverage for everything that matters.

 Simplified journey
Easy policy buying/renewal process

 Super-fast claims process

Smooth claims intimation and settlement

That’s not all. Reliance General Insurance offers world-class health insurance
policies at low premiums.

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Features & Benefits Offered by Reliance Health Insurance Policy

Eligibility Criteria for Reliance Health Insurance

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 Benefits of Buying a Health Insurance Policy

Health insurance can be beneficial for individuals of all ages and backgrounds.
Whether you're young and healthy, starting a family or entering your golden
years, health insurance can provide a safety net in case of any unforeseen health
issues. Therefore, it's never too early or too late to invest in a good health
insurance plan. Let’s look at top three benefits of buying a health insurance
policy:

 Mitigating Medical Inflation

Medical expenses are rising and a severe injury can easily cost you lakhs of
rupees in hospital bills. A health insurance plan not only helps you to deal with
the financial liability caused by a medical emergency but also ensures timely
treatments.

 Tax Savings

Under Section 80D of the Income Tax Act, 1961, you can claim tax deductions
of up to Rs. 1 lakh per year for your health insurance premiums. These
deduction are based on your age and that of your family members.

 Cashless Claims

All health insurance providers have established tie-ups with numerous network
hospitals that allow you to leverage the benefit of cashless claims. This
smoothens the process of getting medical assistance in case of an emergency.

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Different Types of Health Insurance Plans

Different types of health insurance plans are available in India that cater to the
varying needs of individuals and groups. Therefore, it is important for you to
carefully consider the coverage and benefits offered under each plan before
selecting the one that best suits your needs. Health insurance can provide you
with the necessary financial security during unforeseen medical emergencies,
which is why it is vital to ensure that you have adequate coverage to avoid any
financial.

Here are the different types of health insurance plans offered by Reliance
General Insurance:

1. Individual Plans:

An individual health insurance plan provides financial coverage to you for your
medical expenses. The premium for such a plan is based on your age, health
condition and other factors. The coverage provided under an individual health
insurance plan can range from basic hospitalisation expenses to comprehensive
coverage, including pre and post-hospitalisation expenses, doctor fees,
ambulance charges, health check-ups and other medical costs.

2. Family Floater Plans:

A family floater health insurance plan offers coverage to an entire family under
a single policy. The coverage provided can be shared by all family members.
You can also cover your extended family members, like your father-in-law and
mother-in-law, under a family floater health insurance plan. It covers for
hospitalisation expenses, pre and post-hospitalisation expenses and other
medical expenses.

3. Senior Citizen Plans:

A senior citizen health insurance plan provides financial coverage to individuals

who are 60 years or older. The premium for such a plan is usually higher than
individual health insurance plans due to the higher risk associated with older
individuals. The coverage provided under a senior citizen health insurance plan
can include hospitalisation bills, pre and post-hospitalisation expenses and other
medical.

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4. Personal Accident Insurance Plans:

A personal accident insurance plan helps to deal with the financial implications
of your death or disablement caused by an accident. The premium for this
policy depends on your age, occupation and the coverage opted. A personal
accident insurance plan covers for accidental death, permanent disability and
permanent partial disability. It also pays for the education fund of two children
in case of yourdeath.

5. Critical Illness Insurance Plans:

A critical illness health insurance plan covers for listed critical illnesses such as
total blindness, heart attack and kidney failure. The coverage provided under a
critical illness health insurance plan is usually in the form of a lump sum
payment and can be used to cover the cost of treatment, lost income, and other
expenses associated with the illness.

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Reliance Health Gain Insurance Policy

We often forget to prioritise our health. We tend to ignore minor symptoms,

delay doctor visits and take our wellness for granted. However, we never know
what the future holds for us. Accidents, illnesses and injuries can occur when
we least expect them. These unexpected incidents can lead to mounting medical
expenses, which can take a toll on our physical, emotional and financial well-
being.

That’s where health insurance comes in with like- a safety net that provides
much- needed support during medical emergencies. You need a holistic policy
that helps to negate all the anxiety around the high medical costs associated with
quality treatment. A health insurance policy that is extremely fluid and modular.
A customisable policy like Reliance Health Gain.

Our health insurance policy is a #MeriPolicyMeriChoice plan that doesn’t let

you compromise on your health. It lets you customise your plan to get covered
up to ₹1 Crore, get unlimited restoration of your sum insured, enjoy no limits
on your room rent and more.

Now there’s no more compromise with Reliance Health Gain Policy

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Key features of Health Gain Insurance Policy

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Eligibility Criteria for Reliance Health Gain Policy

Waiting Period of Reliance Health Gain Policy

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Discounts of Reliance Health Gain Policy

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Benefits of Reliance Health Gain Policy

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Page 83 of 105
Page 84 of 105
Reliance Health Infinity Insurance Policy

How does it sound to have a health insurance plan that’s not stingy with its
benefits and that does not burn a hole through your pocket?

That’s what Reliance Health Infinity is.

What makes Reliance Health Infinity amazing? You get coverage up to Rs.5
Crores, extended pre and post hospitalisation coverage, and many add-on
benefits like unlimited restore benefit, OPD cover, maternity cover, etc.

And all this is available at attractive discounts.

This is a health insurance plan that gives you more cover, more time, and is
more global.

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Key features of Health Infinity Insurance Policy

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Eligibility Criteria for Reliance Health Gain Policy

Waiting Period of Reliance Health Infinity Insurance

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Discounts of Reliance Health Infinity Policy

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Page 89 of 105
Page 90 of 105
Benefits and Add-ones of Reliance Health Gain Policy

Page 91 of 105
Page 92 of 105
Tata AIA Life Insurance Company
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture
company, formed by Tata Sons Ltd. and AIA Group Ltd (AIA). Tata AIA Life
combines Tata’s pre-eminent leadership position in India and AIA’s presence as
the largest, independent listed pan-Asia Life Insurance Group in the world
spanning 18 markets in Asia Pacic. Tata Sons holds a majority stake (51 per
cent) in the Company and AIA holds 49 per cent through an AIA International
Limited. Tata AIA Life Insurance Company Limited was licensed to operate in
India on February 12, 2001 and started operations on April 1, 2001.

1. Tata AIA Fortune Guarantee Supreme

Individual, Non-Linked, Non-participating, Life Insurance Savings Plan

Every individual has their own aspirations in life. Buying that dream home,
providing your children the education they deserve or taking your family for a
dream vacation. To achieve these aspirations during your lifetime, you need a
plan that will deliver without fail.

Presenting, Tata AIA Fortune Guarantee Supreme, a life insurance savings plan
that allows you to convert these aspirations into reality by providing guaranteed
returns and life cover throughout policy tenure.

Based on the nature and time horizon of your aspirations, you have the freedom
to take your benets either as regular income or as a lump sum.

Key Features
• Flexibility to choose guaranteed benets in the form of lump sum and/or
income to meet your nancial goals

• Grow your income by choosing sub wallet feature & withdraw as and when
required

• Women Special discount - 2% on First Year’s Premium specially for

women customers

• “Premium Offset” feature to offset your premium against survival benet

payouts

• Enjoy tax benets on premiums and benets, as per applicable Tax Laws

Page 93 of 105
 Plan options:
How do the plan options work?
1. Immediate Income
Under this plan option, you will receive a Guaranteed Immediate Income (GII) in
advance from 2nd year as given in the table below, subject to payment of all due
premiums. The frequency of GII will be same as premium payment frequency
Additionally, during the policy term you will also receive a Guaranteed Income
(GI) in arrears as per table given below. The frequency of GI can be different
from GII and hence can be Annual, Semi-annual, Quarterly or Monthly, as
chosen by the you.
The plan offers Death Benet during the entire policy term. Please read Death Benet
section for complete details.

2. My Income
Under this plan option, you will receive guaranteed benets in the form of survival
benets and/or a lump sum maturity benet, subject to payment of all due
premiums.

You need to choose the below details at the policy inception:

i. Policy Term
ii. Premium payment term and mode of premium payment
iii. Survival Benets details i.e. benets paid during the policy term

• Survival Benet Payout Year(s) – the policy years in which the survival benet
shall be payable. The survival benet can be taken annually, half-yearly,
quarterly or monthly in arrears.
• Amount of Survival Benet payable in each year.
iv. Maturity Benefit i.e. benefit payable at the end of the policy term
v. Death Benefit i.e. benefit payable in case of death during policy term

a. For Single Pay policies and Single Life, choose Death Benet Multiple:

• 10 times Single Premium (10x) or

• 7 times Single Premium (7x) or

• 1.25 times Single Premium (1.25x)

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 b. For Single Pay and Joint Life, Death Benet Multiple will be 1.25x on First
death and either 10x or 7x on Second death.

c. For Limited Pay and Regular Pay, Death Benet Multiple is 10x or 7x.

Illustrations
Option 1: Immediate Income Option
Preet is 40 years old and wishes to earn a second income from age 54 as he
approaches retirement. He also wants a source of income during his earning
years that can take care of his day to day expenses.

He chooses Immediate Income option as it meets both his needs. He decides to pay
premium of R 1 Lakh p.a. for 12 years with policy term of 24 years.

He will receive R 25,000 of Guaranteed Immediate Income for 12 years, starting

from the beginning of 2nd year and Guaranteed Income of R 1,48,220 every
year thereafter till maturity, subject to payment of all due premiums

 Total Premium payable: R 1,00,000 for 12 years = R 12,00,000

 Guaranteed Immediate Income: R 25,000 p.a.

 Guaranteed Income: R 1,48,220 p.a

 Total benefits payable during Policy term: R 20,78,640

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Option 2: My Income Option
Example 1: Anuj is 35 years of age and has a son. He wishes to invest in an
income plan that can support a xed amount towards the expenses related to his
son. He wants to pay premium of R 1,00,000 for next 5 years and wants an
annual income for next 25 years.

• Total Premium payable – R 1,00,000 for 5 years = R 5,00,000

• Total Benets payable during Policy term – R10,51,300

PLAN PARAMETERS

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ELEGIBILITY CRITERIA

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Tata AIA Fortune Guarantee Plus

Individual, Non-Linked, Non-Participating, Life Insurance Savings Plan

Time never stands still and neither do our nancial needs. As we move through
various stages of life, our requirements and those of our families change
consistently. Along with this we also carry the burden of any uncertainty
happening. We do our best to take care of our family's needs and to ensure --
nancial security of our family from uncertainties of life. Life Insurance is the
best way to protect our family from nancial crisis in case of an unfortunate
event and help your money to grow so you can achieve your dreams.

The plan provides nancial protection for your family and Guaranteed Regular
Income that meets tomorrow's requirements, thus helping you plan towards your
future needs and protection for your loved ones.

Key Features

• Flexibility to choose Plan Option

- Regular Income or

- Regular Income with an inbuilt Critical Illness benefit

• Flexibility to choose Income Period from 20 to 45 years

• Get return of premium at the end of Income Period

• Choice to receive Income – Monthly/Annually

• Option of Joint Life under Single Premium payment option

• Choice of Premium Payment Term

• Enhance your protection with optional Riders

• Tax benefits as per applicable Tax Laws.

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ELEGIBILITY CRITERIA

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 Reliance Alphabaskets
Baskets
A basket is a group of stocks or mutual funds handpicked under a trending
theme. Browse the various baskets and invest in the theme you believe in.
Variour Types of Baskets are avaliable in Reliance Securities Limited.

1. Baskets Performance- Make in india

The iconic ‘Make in India’ initiative of the GoI aims to raise the manufacturing
sector from 15% of the GDP currently to 25% by 2022 and to facilitate that, the
Government has started doing away with unnecessary regulations, upgrade
infrastructure and open up new sectors to foreign direct investment (FDI). This
Basket consist of stocks that stand to benefit from the increased production
because of the Make in India initiative.

Baskets Composition

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 Fundamentals

The investments in the scrips shown above shall be solely at the discretion of
the customer. None of the scrips published above shall be constituted as
recommendation. This is a mere facility offered by reliancesmartmoney.com to
its customers. reliancesmartmoney.com shall not be responsible for any losses
incurred by the customer due to such investment.

2. Baskets Performance- PSU Energy

The energy sector is a category of stocks that relate to producing or supplying
energy. This sector includes companies involved in the exploration and
development of oil or gas reserves, oil and gas drilling, or integrated power
firms. The Stocks have been selected based on above 10% average Profit After
Tax growth, Return on Equity and Dividend payout for past 5 years, positive
cumulative free cash flow for past 10 years, positive networth and market
capitalization above 5000 crore.

The investments in the scrips shown above shall be solely at the discretion of
the customer. None of the scrips published above shall be constituted as
recommendation. This is a mere facility offered by reliancesmartmoney.com to
its customers. reliancesmartmoney.com shall not be responsible for any losses
incurred by the customer due to such investment.

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Baskets Composition

Fundamentals

Page 102 of 105

3. Baskets Performance-Go Green
This Basket contains stock that have surplus carbon credit (a permit which
allows a country or organization to produce a certain amount of carbon
emissions/1 tonne carbon dioxide and which can be traded if the full allowance
is not used) signifying lower carbon footprint. This helps in keeping the
greenhouse effect to minimum thus reducing its effect on the nature. The Stocks
have been selected based on market capitalization above 100 crores, positive 5
year average ROE and dividend payout and positive networth.

Basket Composition

Fundamentals

The investments in the scrips shown above shall be solely at the discretion of
the customer. None of the scrips published above shall be constituted as
recommendation.
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4. R-Absolute Portfolio
In R-Absolute, we selects a basket of 5-6 stocks with the view of generation
absolute returns more than 15% over the next one year. The stock selection is
based on fundamental and technical screeners

The investments in the scrips shown above shall be solely at the discretion of
the customer. None of the scrips published above shall be constituted as
recommendation. This is a mere facility offered by reliancesmartmoney.com to
its customers. reliancesmartmoney.com shall not be responsible for any losses
incurred by the customer due to such investment.

5. R Model Portfolio - July 2023

R Model Portfolio is a portfolio of stocks recommended by the research team at
Reliance Securities. The basket is reviewed every month and re-balanced if
required. Word from our Research Team: We are re-calibrating the Model
Portfolio with a view to making it more diversified. The objective of our Model
Portfolio is to deliver superior returns vis-à-vis the benchmark index i.e.
NIFTY. While realigning our Model Portfolio, we have taken current macro
environment including INR depreciation, higher crude oil prices and domestic
political situation into account, which suggest a more volatile scenario. Whilst
higher volatility does not augur well for higher beta stocks, a diversified
portfolio offers the comfort of lowering the beta, which provides greater
insulation.

6. Cement Basket
Having witnessed a strong demand momentum for two successive fiscals,
demand growth remained muted during 9MFY20 owing to slowdown in
construction activities led by funding constraints and absence of government
spending. While we expected the demand momentum to pickup pace in
2HFY20E, we now (after two months of 2HFY20) feel demand growth might
not be on expected line and likely to remain flat in FY20E.

7. 3QFY20 Results Preview

We expect the upcoming results season to be a mixed bag with some sectors are
likely to witness sequential improvement, while growth concerns will continue
to persist. Our coverage universe of 97 stocks will witness 17% YoY earnings
growth, which ex-BFSI segment will taper down to 8% YoY.

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Conclusion
I would like to conclude by saying that during this Finance and Marketing
Internship with Reliance Securities, I have learned a lot about Shares, Demat
Account, Life Insurance, IPO, Mutual Funds and Health Insurance. I have also
learnt how to convince people to open a Demat Account. I taught others to trade
through Tick Pro App of Reliance. I have attended all the training sessions
provided by the Company Mentor of Reliance Securities which helps me to
understand the concepts of Unlisted shares, IPO and Mutual Funds in a better
way. This Finance internship with Reliance Securities encourages me to work
hard for this company so that I can put my best efforts and continue to work
with determination for the growth and development of the company. This
Finance Internship also helpful us to know the art of earning money and how
can one become financially independent.

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