Bawa Report

8/6/2019 Bawa Report

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INTRODUTION

RELIGARE ENTERPRISES LIMITED

Religare is a Latin word that translates as 'to bind together'. This name has been chosen to

reflect the integrated nature of the financial services the company offers. Religare provide its

service in three different segments including Retail, Wealth management, Institutional

spectrum and Global assets Management. Religare retail network has more than 1500

locations in 300 cities and towns in India. Religare Securities Limited (RSL) is a

subsidiary company of Religare Enterprises Ltd and involve in equity related services include

online trading at BSE and NSE, Derivatives, commodities, IPO, Mutual fund, Investment

banking and institutional broking services.

Religare Enterprises Limited (REL) is a global financial services group with a presence

across Asia, Africa, Middle East, Europe and the Americas. In India, RELs largest market,

the group offers a wide array of products and services ranging from insurance, asset

management, broking and lending solutions to investment banking and wealth management.

The group has also pioneered the concept of investments in alternative asset classes such as

arts and films .With 10,000 plus employees across multiple geographies, REL serves over a

million clients, including corporate and institutions, high net worth families and individuals,

and retail investors.

Symbol

The Religare name is paired with the symbol of a four-leaf clover. Traditionally, it is

considered good fortune to find a four-leaf clover as there is only one four-leaf clover for

every 10,000 three-leaf clovers found. For us, each leaf of the clover has a special meaning. It

is a symbol of Hope, Trust, Care and Good Fortune.

For the world, it is the symbol of Religare.


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The first leaf of the clover represents Hope. The aspirations to succeed. The dream of

becoming. Of new possibilities. It is the beginning of every step and the foundation on

which a person reaches for the stars.

The second leaf of the clover represents Trust. The ability to place ones own faith in

another. To have a relationship as partners in a team. To accomplish a given goal with

the balance that brings satisfaction to all, not in the binding, but in the bond that is

built.

The third leaf of the clover represents Care. The secret ingredient that is the cement in

every relationship. The truth of feeling that underlines sincerity and the triumph of

diligence in every aspect. From it springs true warmth of service and the ability toadapt to evolving environments with consideration to all.

The fourth and final leaf of the clover represents Good Fortune. Signifying that rare

ability to meld opportunity and planning with circumstance to generate those often

looked for remunerative moments of success.


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COMPANY PROFILE

INDUSTRY FINANCE GENERAL

GROUP RELIGARE

ISIN NO INE621H01010

BSE CODE 532915

NSE CODE RELIGARE

MARKET LOT 1

BOOK CLOSURE 11/08/2010

MARKET CAPITAL Rs. 6491.33 Cr .

Face Value RS.10

Registered & Corporate Office

D3, P3B, District Centre, Saket,New Delhi, Delhi - 110017Tel: +91 11 39125000Fax: +91 11 39126050

Email: [email protected]: http://www.religare.com

Registrar & Share Transfer

Agent

D3, P3B, District Centre, Saket,New Delhi, Delhi - 110017Tel: +91 11 39125000Fax: +91 11 39126050

Email: [email protected]

Other Details

Listings Incorporation Date Public Issue Date

BSE,NSE 30/01/1984 29/10/2007

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mailto:[email protected]://www.religare.com/mailto:[email protected]://www.religare.com/mailto:[email protected]:[email protected]


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Organisation Structure


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BOARD OF DIRECTOR

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Sunil Godhwani Chairman & Managing Director

Rajesh Doshi Co. secretary

Ravi Batra Sr. Vice President

Amit Jaiswal Branch Head


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Religare Securities Limited

Religare Securities Ltd. (RSL), a wholly owned subsidiary of Religare Enterprises Limited

(REL), an emerging markets financial services group is one of the market leading securities

firm in India. The company offers equity & currency broking services to more than 7, 50,000

clients using both, offline and online platforms and also offers depository participant services.

RSL is a member of the NSE, BSE, MCXSX, USE and a depository participant with NSDLand CDSL. RSL employs more than 4800 employees and has a wide distribution reach that

spans across more than 1500 location in India.

MISSION AND VISSION OF RELIGARE

MISSION

To be Indias first multinational providing complete financial services across the globe.

VISSION

Providing integrated financial care driven by the relationship of trust and confidence.


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OPERATIONS

The operations of the company are broadly organized among the following functions.

RESEARCH AND ANALYSIS

This group is focused on doing stock picks and periodical scrip/ Segment specific research.

They provide the best of analysis in the industry and are valued by both our institutional andRetail Clients.

MARKETING

This group is focused on tracking potential business opportunity and converting them into

business relationships. Evaluation the need of the clients and tailoring products to the meet

there specific requirements help the company to build lasting relationship.

DEALING

Enabling the clients to procure the best rates on there transactions is the core function of this

group

BACK OFFICE

This group ensures timely delivery of securities traded, operation matters with stock

exchange, statutory compliance, handling tasks like pay-in, pay-out, etc. This section is fully

automated to enable the staff to focus on the technicalities of securities trading and is manned

by professionals having long experience in the field.


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INFRASTRUCTURE

Offices

The company has offices located at prime location in Mumbai, New Delhi, Kolkatta and

Chennai. The offices are centrally located to cater to the requirements of institutional and

corporate clients and retail clients, and for ease of operation due to proximity to stock

exchange and banks. Today we have more than 300 branches all over India.

Communications

The company has its disposal, an efficient network of advance communication system and

intend to install CRM facilities; besides this it is implementing interactive client information

dissemination system which enables clients to view their latest client information on web. It

has an installed multiple WAN to interconnect the branches to communicate on real timebasis.

The company is equipped with most advanced system to facilitate smooth functioning of

operations. It has installed its major application on IBM machine and uses latest state of art

financial software.

DEPOSITORY PARTICIPANT SERVICES

Religare Securities Limited has also ventured into depositary services to its clients and is

among leading depository services provider having more than 3000 Crore worth of securities

under its custody.


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COMPETITIVE EDGE IN MARKET

Participant on the countrys premium exchange:Religare is a member of the countrys premium stock exchange- The National Stock

Exchange of India (NSE) as well as Bombay Stock Exchange (BSE)

Clearing membership on Capital & Derivative Segments:It has clearing membership on both the Capital Market and Derivative segments of the

exchange. We are also authorized to trade the retail debt market.

Depositary Participant with NSDL & CDSL:We are depositary participants with the country premium depositary service- National

Securities Depository limited (NSDL) as well as with the only depository with a country wide

reach Central Depositary Service Limited (CDSL)

Leading Private sector bank as partner:Our banking partner is HDFC Bank, ICICI Bank & UTI Bank The foremost private sector

bank in the country, which has the most technologically advanced infrastructure in the

country, with internet banking allowing access to information 24x7.Religare enterprises also

going to open it banks all over the India soon as its got banking license.

Prime office location:We have prime office location in the nations political capital and the business capital Delhi

& Mumbai.

Research Capabilities:


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We have a dedicated team of analysts in our Bombay office They provide fundamental

analysis of stock and markets, which are fundamentally strong and are helpful for retail

investors.

Technical Analysis:A daily technical newsletter is published by our in house technical analyst, who is a

recognized leading practitioner in capital market. He tracks the progress of the calls on the

real- time basis, and advises of any change in the profit points of stop loss levels.

Thus with this in house services that is provided by Religare Securities Ltd. To its Clients has

given a competitive edge & more over it has given trust and confidence to its retail investors

to as to build a long term relationship with its clients


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Religare Securities Ltd.

PRODUCT DETAIL

Stock Trading

Depositary Services

Marginal Financing

Mutual Fund Distribution

Portfolio Management Scheme

Commodity Trading

Aegon Insurance

Introduction to Demat account

Definition :

Demat account is a safe and convenient means of holding securities just like a bank account

is for funds. Today, practically 99.9% settlement (of shares) takes place on demat mode only.

Thus, it is advisable to have a Beneficiary Owner (BO) account to trade at the exchanges.

Difference between bank account and Dmat


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BASIS OFDIFFERENTIATION

BANK DMAT

Form ofHoldings/Deposits

Funds Securities

Used for Safekeeping of money Safekeeping of shares

Facilitates Transfer of money(without actuallyhandling money)

Transfer of shares(without actuallyhandling shares)

here toopen

A bank of choiceA DP of choice (can bea bank)

Requirementof PANNumber

Not Mandatory Mandatory (effectivefrom April 01, 2006)

Interestaccrual onholdings

Interest income issubject to theapplicable rate of

interest

No interest accruals onsecurities held in demataccount

Minimumbalancerequirement

AQB* maintainance isspecified for certain

bank accounts

No such requirement

Either orSurvivorfacility

Available Not available

*AQB - Average Quarterly Balance

Bases of similarity:

Security andConvenience

Both are very safe and convenient means ofholding deposits/securities


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Number ofaccounts

No legal barrier on the number of bank ordemat accounts that can be opened

Transfer ofdeposits (funds or

securities)

Funds/securities are transferred only at theinstruction of the account holder

Physical transferofmoney/securities

Physical transfer of money/securities is notinvolved

NominationFacility

Available

Benefits Of Demat Account :

A safe and convenient way of holding securities (equity and debt instruments both).

Transactions involving physical securities are costlier than those involving

dematerialised securities (just like the transactions through a bank teller are costlierthan ATM transactions). Therefore, charges applicable to an investor are lesser for

each transaction.

Securities can be transferred at an instruction immediately.

Increased liquidity, as securities can be sold at any time during the trading hours

(between 9:55 AM to 3:30 PM on all working days), and payment can be received in

a

very short period of time.

No stamp duty charges.

Risks like forgery, thefts, bad delivery, delays in transfer etc, associated with physical

certificates, are eliminated.

7. Pledging of securities in a short period of time.

8. Reduced paper work and transaction cost.

9. Odd-lot shares can also be traded (can be even 1 share).

10. Nomination facility available.


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11. Any change in address or bank account details can be electronically intimated to

all

companies in which investor holds any securities, without having to inform each of

them separately.

12. Securities are transferred by the DP itself, so no need to correspond with the

companies

WAYS OF TRADING

EQUITY: When you buy a share of a company you become a shareholder in that

company. Shares are also known as Equities. Equities have the potential to


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increase in value over time. It also provides your portfolio with the growth

necessary to reach your long term investment goals. Research studies have

proved that the equities have outperformed most other forms of

investments in the long term. This may be illustrated with the help of

following examples:

a) Over a 15 year period between 1990 to 2005, Nifty has given an

annualized return of 17%.

b) Mr. Raja invests in Nifty on January 1, 2000 (index value 1592.90).

The Nifty value as of end December 2005 was 2836.55. Holding this

investment over this period Jan 2000 to Dec 2005 he gets a return of

78.07%. Investment in shares of ONGC Ltd for the same period

gave a return of 465.86%, SBI 301.17% and Reliance 281.42%.

Therefore,

Equities are considered the most challenging and the rewarding,

when compared to other investment options.

Research studies have proved that investments in some shares with

a longer tenure of investment have yielded far superior returns than

any other investment.

However, this does not mean all equity investments would guarantee similar

high returns. Equities are high risk investments. One needs to study them

carefully before investing.

In equity there are 3 ways of trade

Cash, future and option (call and put)

Cash: A method of buying or selling securities by providing the capital needed to fund the

transaction without relying on the use of margin. Cash trading is achieved by using a cash

account, which is a type of brokerage account that requires the investor to pay for securities

within two days from when the purchase is made.

Futures: A futures contract is an agreement between two parties to buy or

sell an asset at a certain time in the future at a certain price. Futures

contracts are special types of forward contracts in the sense that the former

are standardized exchange-traded contracts, such as futures of the Nifty

index.


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Options: An Option is a contract which gives the right, but not an

obligation, to buy or sell the underlying at a stated date and at a stated

price. While a buyer of an option pays the premium and buys the right to

exercise his option, the writer of an option is the one who receives the

option premium and therefore obliged to sell/buy the asset if the buyer

exercises it on him. Options are of two types - Calls and Puts options:

Callsgive the buyer the right but not the obligation to buy a given

quantity of the underlying asset, at a given price on or before a given

future date.

Puts give the buyer the right, but not the obligation to sell a given

quantity of underlying asset at a given price on or before a given

future date.

COMMODITY:

Commodity markets are markets where raw or primary products are exchanged. These raw

commodities are traded on regulated commodity exchange in which they are bought and sold

in standardized contracts.

This article focuses on the history and current debates regarding global commodity markets.

It covers physical product (food, metals, electricity) markets but not the ways that services,

including those of governments, nor investment, nor debt, can be seen as a commodity.

Articles on reinsurance markets, stock markets, bond markets and currency markets cover

those concerns separately and in more depth. One focus of this article is the relationship

between simple commodity money and the more complex instruments offered in the

commodity markets

CURRENCY:

Currency trading is the largest market on the planet. It is estimated that in excess of $2 trillion

US Dollars (USD) is traded every day. Compare this to the New York Stock Exchange's daily

transactions of approximately $50 billion USD, and one can see that the magnitude of the

currency trading market exceeds all other equity markets in the world combined.The practice

of currency trading is also commonly referred to as foreign exchange, For ex or FX for short.

All currency has a value relative to other currencies on the planet. Currency trading uses the

purchase and sale of large quantities of currency to leverage the shifts in relative value into

profit.


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VALUE ADDED SERVICES

LIMIT Intraday-4times,delivery-10timesPERSONAPPOINTED

Relationship manager and dealer

WAY OFTRADING

Online, Branch walk in and call n trade through local branch and callcenter both

CHARGES FORONLINE DIET

`1800 and also refundable if same price of brokerage is generated in ayr.(free in commodity)

CRN Online Back office support on clients endGUIDENCE Calls by R.M. Dealer, sms and E mailBROKERAGE .4% and .04% (flexible as per turnover)

Formalities

For opening an account in any broking company few formalities are there,in religare for an

equity and commodity account the following are the formalities to go with.

Commodity Equity

Pan card Pan card

Bank proof Bank proof Address proof Address proof

2 photos 3 photos

Cancelled cheque Cancelled cheque

Free account Rs.500 cheque


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Mutual funds

Securities Exchange Board of India (SEBI) is the regulatory body for all the

mutual funds. All the mutual funds must get registered with SEBI.

What are the benefits of investing in Mutual Funds?

There are several benefits from investing in a Mutual Fund:

Small investments:

Mutual funds help you to reap the benefit of

Return by a portfolio spread across a wide spectrum of companies

with small investments.

Professional Fund Management: Professionals having

Considerable expertise, experience and resources manage the pool of

Money collected by a mutual fund. They thoroughly analyse the

markets and economy to pick good investment opportunities.

Spreading Risk: An investor with limited funds might be able to

invest in only one or two stocks/bonds, thus increasing his or her

risk. However, a mutual fund will spread its risk by investing a

number of sound stocks or bonds. A fund normally invests in

companies across a wide range of industries, so the risk is

diversified.

Transparency: Mutual Funds regularly provide investors with

information on the value of their investments. Mutual Funds also

provide complete portfolio disclosure of the investments made by

various schemes and also the proportion invested in each asset type.

Choice: The large amount of Mutual Funds offer the investor a wide


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variety to choose from. An investor can pick up a scheme depending

upon his risk/ return profile.

Regulations: All the mutual funds are registered with SEBI and they

function within the provisions of strict regulation designed to protect

the interests of the investor.

NAV or Net Asset Value of the fund is the cumulative market value of the

assets of the fund net of its liabilities. NAV per unit is simply the net value of

assets divided by the number of units outstanding. Buying and selling into

funds is done on the basis of NAV-related prices.

The NAV of a mutual fund are required to be published in newspapers. The

NAV of an open end scheme should be disclosed on a daily basis and the

NAV of a close end scheme should be disclosed at least on a weekly basis

Are there any risks involved in investing in Mutual Funds?

Mutual Funds do not provide assured returns. Their returns are linked to

their performance. They invest in shares, debentures, bonds etc. All these

investments involve an element of risk. The unit value may vary depending

upon the performance of the company and if a company defaults in payment

of interest/principal on their debentures/bonds the performance of the fund

may get affected. Besides incase there is a sudden downturn in an industry

or the government comes up with new a re gulation which affects a particular

industry or company the fund can again be adversely affected. All these

factors influence the performance of Mutual Funds.

Some of the Risk to which Mutual Funds are exposed to is given below:

Market risk

If the overall stock or bond markets fall on account of overall

economic factors, the value of stock or bond holdings in the fund's

portfolio can drop, thereby impacting the fund performance.

Non-market risk

Bad news about an individual company can pull down its stock price,

which can negatively affect fund holdings. This risk can be reduced

by having a diversified portfolio that consists of a wide variety ofstocks drawn from different industries.


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Interest rate risk

Bond prices and interest rates move in opposite directions. When

interest rates rise, bond prices fall and this decline in underlying

securities affects the fund negatively.

Credit risk

Bonds are debt obligations. So when the funds invest in corporate

bonds, they run the risk of the corporate defaulting on their interest

and principal payment obligations and when that risk crystallizes, it

leads to a fall in the value of the bond causing the NAV of the fund to

take a beating.

What are the different types of Mutual funds?

Mutual funds are classified in the following manner:

(a) On the basis of Objective

Equity Funds/ Growth Funds

Funds that invest in equity shares are called equity funds. They carry

the principal objective of capital appreciation of the investment over

the medium to long-term. They are best suited for investors who are

seeking capital appreciation. There are different types of equity funds

such as Diversified funds, Sector specific funds and Index based

funds.

Diversified funds

These funds invest in companies spread across sectors. These

funds are generally meant for risk-averse investors who want

a diversified portfolio across sectors.

Sector funds

These funds invest primarily in equity shares of companies in

a particular business sector or industry. These funds are

targeted at investors who are bullish or fancy the prospects of

a particular sector.

Index fundsThese funds invest in the same pattern as popular market


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indices like S&P CNX Nifty or CNX Midcap 200. The money

collected from the investors is invested only in the stocks,

which represent the index. For e.g. a Nifty index fund will

invest only in the Nifty 50 stocks. The objective of such funds

is not to beat the market but to give a return equivalent to

the market returns.

Tax Saving Funds

These funds offer tax benefits to investors under the Income Tax Act.

Opportunities provided under this scheme are in the form of tax

rebates under the Income Tax act.

Debt/Income Funds

These funds invest predominantly in high-rated fixed-income-bearing

instruments like bonds, debentures, government securities,

commercial paper and other money market instruments. They are

best suited for the medium to long-term investors who are averse to

risk and seek capital preservation. They provide a regular income to

the investor.

Liquid Funds/Money Market Funds

These funds invest in highly liquid money market instruments. The

period of investment could be as short as a day. They provide easy

liquidity. They have emerged as an alternative for savings and shortterm

fixed deposit accounts with comparatively higher returns. These

funds are ideal for corporates, institutional investors and business

houses that invest their funds for very short periods.

Gilt Funds

These funds invest in Central and State Government securities. Since

they are Government backed bonds they give a secured return and

also ensure safety of the principal amount. They are best suited for

the medium to long-term investors who are averse to risk.

Balanced Funds

These funds invest both in equity shares and fixed-income-bearing

instruments (debt) in some proportion. They provide a steady return

and reduce the volatility of the fund while providing some upside forcapital appreciation. They are ideal for medium to long-term


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investors who are willing to take moderate risks.

b) On the basis of Flexibility

Open-ended Funds

These funds do not have a fixed date of redemption. Generally they

are open for subscription and redemption throughout the year. Their

prices are linked to the daily net asset value (NAV). From the

investors' perspective, they are much more liquid than closed-ended

funds.

Close-ended Funds

These funds are open initially for entry during the Initial Public

Offering (IPO) and thereafter closed for entry as well as exit. These

funds have a fixed date of redemption. One of the characteristics of

the close-ended schemes is that they are generally traded at a

discount to NAV; but the discount narrows as maturity nears. These

funds are open for subscription only once and can be redeemed only

on the fixed date of redemption. The units of these funds are listed

on stock exchanges (with certain exceptions), are tradable and the

subscribers to the fund would be able to exit from the fund at any

time through the secondary market.

What are the different investment plans that Mutual Funds

offer?

The term investment plans generally refers to the services that the funds

provide to investors offering different ways to invest or reinvest. The

different investment plans are an important consideration in the investment

decision, because they determine the flexibility available to the investor.

Some of the investment pla ns offered by mutual funds in India are:

Growth Plan and Dividend Plan

A growth plan is a plan under a scheme wherein the returns from

investments are reinvested and very few income distributions, if any,

are made. The investor thus only realizes capital appreciation on the

investment. Under the dividend plan, income is distributed from time

to time. This plan is ideal to those investors requiring regular income.


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Dividend Reinvestment Plan

Dividend plans of schemes carry an additional option for

reinvestment of income distribution. This is referred to as the

dividend reinvestment plan. Under this plan, dividends declared by a

fund are reinvested in the scheme on behalf of the investor, thus

increasing the number of units held by the investors.

Insurance

In law and economics, insurance is a form of risk management primarily used to hedge

against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer

of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a

company selling the insurance; an insured orpolicyholder is the person or entity buying the

insurance policy. The insurance rate is a factor used to determine the amount to be charged

for a certain amount of insurance coverage, called the premium. Risk management, the

practice of appraising and controlling risk, has evolved as a discrete field of study and

practice

The transaction involves the insured assuming a guaranteed and known relatively small loss

in the form of payment to the insurer in exchange for the insurer's promise to compensate(indemnify) the insured in the case of a large, possibly devastating loss. The insured receives

acontract called the insurance policywhich details the conditions and circumstances under

which the insured will be compensated.
http://en.wikipedia.org/wiki/Indemnifyhttp://en.wikipedia.org/wiki/Contracthttp://en.wikipedia.org/wiki/Contracthttp://en.wikipedia.org/wiki/Insurance_policyhttp://en.wikipedia.org/wiki/Insurance_policyhttp://en.wikipedia.org/wiki/Indemnifyhttp://en.wikipedia.org/wiki/Contracthttp://en.wikipedia.org/wiki/Insurance_policy


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LIFE INSURANCE PLANS

AEGON Religare Life Insurance offers insurance and pension plans specifically designed to

help you plan your life better. Select a plan based on your need protection, saving, child or

retirement.

PROTECTION PLANS

Protection plans are Term Plans which provide only life cover. These

plans can help you get adequately covered and secure your family

financially in case of unfortunate event. These are low cost life insurance

plans

http://www.aegonreligare.com/protection-plans.php

ULIPS

Unit Linked Insurance Plans or ULIPs as they are commonly called are a

form of Savings Plans that help you save and grow your money. ULIPs

are a category of goal-based financial solutions that combine the safety of

life insurance protection with wealth creation opportunities

http://www.aegonreligare.com/saving-plans.php

CHILD PLANS

AEGON Religare Child Plans are life insurance plans that can help you

save for your childs future goals. This plan comes with a Waiver of
http://www.aegonreligare.com/protection-plans.phphttp://www.aegonreligare.com/protection-plans.phphttp://www.aegonreligare.com/saving-plans.phphttp://www.aegonreligare.com/saving-plans.phphttp://www.aegonreligare.com/saving-plans.phphttp://www.aegonreligare.com/child-plans.phphttp://www.aegonreligare.com/protection-plans.phphttp://www.aegonreligare.com/protection-plans.phphttp://www.aegonreligare.com/saving-plans.phphttp://www.aegonreligare.com/saving-plans.phphttp://www.aegonreligare.com/saving-plans.phphttp://www.aegonreligare.com/child-plans.php


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premium feature, which guarantees to waive all future premiums in event

of your demise, and ensures that your child receives full sum assured

immediately and 100% of fund value on maturity of policy.

http://www.aegonreligare.com/child-plans.php

SOFTWARE FOR TRADING:

ODIN:

ODIN Program Trading is a special trading application that facilitates auto-execution of

the trades based on the selected strategies. Program Trading can be used to take advantage of

arbitrage/spread opportunities that exist across the Cash and Futures or Calendar Spread in

various Exchanges like MCX, MCX Stock Exchange to cater the segments like Commodities,

Currency, Equities and Derivatives. The application has a built-in intelligence to search for

the opportunities that exist in the market as per the yield and other criteria defined by the

user.

FEATURE:

Option to select touchline or weighted average price for calculation of Spread

available Option to specify the Tick size by which the order should be modified Option to activate Square Off mode with a Timer that has an inbuilt logic to

square off all option positions by the end of the trading day Option to specify whether user want to do a Reverse only after a Forward
http://www.aegonreligare.com/child-plans.phphttp://www.aegonreligare.com/child-plans.php


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execution and vice versa Choose from the list of built-in Arbitrage, Quote drive Arbitrage (Bidding

Model) as well as Calendar Strategies (Spread IOC) that can be applied across

selected stocks/contracts

BENEFITS:

Enables automatic calculation and execution of complex arbitrage/spread strategies

without the need for any form of human intervention.

Application performs complex calculations based on the predefined parameters on a

continual and real-time basis

Eliminates any opportunity loss that arises if the same actions are to be performed

manually

Enables Members to execute strategies for Proprietary Trades or on behalf of their

clients

Enables Members to run multiple strategies in a single application

Exploit the arbitrage opportunities arise in the markets automatically


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SCREENSHOTS OF WORKING IN ODIN:

Basic screenshot of odin


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Odin screen shot while order equity(purchase)

Odin screen shot while order equity(selling)


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Apperance of all transactions


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RELIGARE consist of some of the major competitors in comparison to itself.

There are several financial security companies playing their roles in Indian equity market.

But Religare faces competitions from these few companies.

Indian infoline

Anand Rathi

Kotak Mahindra

Share khan

kavry


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Introduction of competitor

ABOUT ANAND RATHI

Anand Rathi set up in 1994, is one of Indias fastest growing full-service securities firm

with a presence in more than 300 locations across India and has offices in Dubai & Bangkok.Anand Rathiprovides wealth management services, investment banking, and brokerage &

distribution services in the areas of equities, commodities, mutual funds and insurance. The

group caters to the financial needs of diversified group of clients, which include the well-

reputed Corporate Groups, Institutions,

Foreign Investors, Individuals as well as wealthy families and was recently ranked by an Asia

Money 2006 poll amongst South Asias top 5 wealth managers for the ultra rich.

Anand Rathi today has a pan India presence as well as an international presence through

offices in Dubai and Bangkok. Anand Rathiprovides a breadth of financial and advisory

services including wealth management, investment banking, corporate advisory, brokerage &

distribution of equities, commodities, mutual funds and insurance - all of which are supported

by powerful research teams.

The firm's philosophy is entirely client centric, with a clear focus on providing long term

value addition to clients, while maintaining the highest standards of excellence, ethics and

professionalism. The entire firm activities are divided across distinct client groups:

Individuals, Private Clients, Corporates and Institutions.

About India info line

The IIFL (India Infoline) group, comprising the holding company, India Infoline Ltd (NSE:

INDIAINFO, BSE: 532636) and its subsidiaries, is one of the leading players in the Indian

financial services space. IIFL offers advice and execution platform for the entire range of

financial services covering products ranging from Equities and derivatives, Commodities,

Wealth management, Asset management, Insurance, Fixed deposits, Loans, Investment

Banking, GoI bonds and other small savings instruments. IIFL recently received an in-


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principle approval for Securities Trading and Clearing memberships from Singapore

Exchange (SGX) paving the way for IIFL to become the first Indian brokerage to get a

membership of the SGX. IIFL also received membership of the Colombo Stock Exchange

becoming the first foreign broker to enter Sri Lanka. IIFL owns and manages the website,

www.indiainfoline.com, which is one of Indias leading online destinations for personal

finance, stock markets, economy and business.

IIFL has been awarded the Best Broker, India by FinanceAsia and the Most improved

brokerage, India in the AsiaMoney polls. India Infoline was also adjudged as Fastest

Growing Equity Broking House - Large firms by Dun & Bradstreet. A forerunner in the field

of equity research, IIFLs research is acknowledged by none other than Forbes as Best of the

Web and a must read for investors in Asia. Our research is available not just over the

Internet but also on international wire services like Bloomberg, Thomson First Call and

Internet Securities where it is amongst one of the most read Indian brokers.

A network of over 2,500 business locations spread over more than 500 cities and towns

across India facilitates the smooth acquisition and servicing of a large customer base. All our

offices are connected with the corporate office in Mumbai with cutting edge networking

technology. The group caters to a customer base of about a million customers, over a variety

of mediums viz. online, over the phone and at our branches.

IIFL/India Infoline refer to India Infoline Ltd and its subsidiaries/ group companies.

Kotak security

About kotak security

Kotak Securities Ltd., a 100 % subsidiary of Kotak Mahindra Bank, is one of the oldest and

largest stock brokers in the Industry.

Our offerings include stock broking services forstock trading through the branch and

Internet, Investments in IPO, Mutual funds and Portfolio management services.
http://www.kotaksecurities.com/http://www.kotaksecurities.com/whatweoffer/easymutualfund.htmlhttp://www.kotaksecurities.com/whatweoffer/portfoliomanagement.htmlhttp://www.kotaksecurities.com/http://www.kotaksecurities.com/whatweoffer/easymutualfund.htmlhttp://www.kotaksecurities.com/whatweoffer/portfoliomanagement.html


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Kotak Securities Limited has over Rs. 1730 crore of Assets Under Management (AUM) as of

31st March, 2011. The portfolio Management Service provides top class service, catering to

the high end of the market. Portfolio Management from Kotak Securities comes as an answerto those who would like to grow exponentially on the crest of the stock market, with the

backing of an expert

Comparison between brokerage of different Broking Houses:-

Name of

firm

Intraday(pais

a

Delivery(paisa

)

client Demat in

rs.

Margin

money
http://www.kotaksecurities.com/whatweoffer/portfoliomanagement.htmlhttp://www.kotaksecurities.com/whatweoffer/portfoliomanagement.html


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Comparision between services:

Services Mutual

fund

Insurance Pms Back

off

broking Advisory

investmet

Fund

investmet

Loan Soft-

ware


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Chapter

Research Methodology


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RESEARCH METHODOLOGY

Research:-

The study of research method provides you with the knowledge and skills you need

to solve the problem and meet the challenges of the fast- based decision. Marketing

environment we define Business Research as a systematic inquiry whose objective is

to provide information to solve managerial problem.

It seeks to find explanation to unexplored phenomena to clarify the doubtful facts and

to correct the misconceived facts.

Types of Research:

Descriptive Research:

Descriptive study is a fact- finding investigation with adequate interpretation. It is the

simplest type of research. It is more specific than an explanatory study, as it has focus

on particular aspect of the problem studied. It is designed to get her descriptive

information and provide information for formulating more sophisticated studies. Data

are collected by using one or more appropriate method, observation, interviewing and

mail questionnaire.

Type of Data Used:-

There are basically two types of Data

Primary Data

Secondary Data

Primary Data:-

Primary Data is first hand information that the researcher collects. It helps in

collecting useful and most accurate information that is needed for the researcher to do

his research.


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Sources of Primary Data:-

Questionnaire

Interview Schedule

Secondary Data:-

Secondary data is what the researcher collects from different sources. It also help researcher

to get elaborate information to do his research.

Sources of Secondary Data:-

Internet

Journals

Target Group/ Population:-

As this research is based on Relationship Marketing my Target group is my Clients who

are using the Services of Religare Securities in Dealing with Capital Market.

Area of Study: - Raipur city

SAMPLING

The Basic idea of sampling is that by selecting some of the element in a population in order

to get first hand information of study.

There are two types of sampling probability Sampling & Non probability sampling and in this

research, Researcher has taken probability sampling.

Probability Sampling:

Probability sampling is most commonly associated with survey based research where you

need to make inferences from your sample about a population to answer your research

questions or to meet your objectives. The process of probability sampling can be divided into

four stages:


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1. Identify a suitable frame based on your research question or objectives

2. Decide on a suitable sample size

3. select the most appropriate sampling technique and select the sample

4. Check that the sample is representative of the population

The objective of probability sampling depends on the research question & on the objective.

Subsequently I need to have face to face contact with respondents.

Simple random sampling

Simple random sampling involve in selecting sample at random from the sampling frame

using either random no. table. In my research I had use random selection of respondent who

used to come for the trading purpose in Religare securities office inRaipur it is most

accurate and easily accessible form of sampling method

Convenience Sampling

Convenience or haphazard sampling involve selection haphazardly those cases that are

easiest to obtain for your sample, Such as the person interviewed at random in a shopping

centre for the interview programmed. The sample selection process is continued until your

required sample size has been reached. Although this techniques of sampling is widely used it

is prone to bias and influence that are beyond your control. I have selected convenience

sampling as some of the respondents are my clients only.

Sample Size:-

100 (one hundred)

Technique used for analysis & interpretation:-

Bar Diagram & Pie Chart

Percentage Analysis


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Percentage Analysis:

Percentage Analysis is used for making comparison between two or more series of data.

Percentage (%) = No. of respondents * 100 / Total No. of respondents.

Pilot Testing:-

A pilot testing is conducted to detect weakness in design and instrumentation and provide

proxy data for flections of a probability sample. The objective of pilot survey is to filter

unnecessary question, question which are difficult to answer and improve the phrases of

certain question.


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Chapter-

Finding and Interpretaion


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Do you invest in share market


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Do you have demat account?


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In which brokering firm you have demat account


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Where you hear about religare


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Which type of trading account you own?


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Which short of investment you trade in


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How often do you trade in stock market


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What is your satisfaction level with Religare.


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Are you satisfied with the brokerage rates with other firm


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