Study On Investments In Mutual Funds and Life Insurance Products
Project Deliverables
- Study about Mutual funds and Life Insurance
- Analysis of all schemes of Baroda Pioneer and India first Life Insurance
- Comparative study of different schemes of Mutual funds and Life Insurance Products
- Comparison of products with that of
I was assigned Bank of Baroda, Regional Office Mumbai. The primary objective of my internship was to Comparative study of different schemes of Mutual funds and Life Insurance Products. These Products of Bank of Baroda not fully controlled by Bank. These were in association with other Private companies. The Mutual fund schemes were in association with Pioneer Investments with Joint Venture named as Baroda Pioneer, the same is wit Life Insurance business which was marketing its products under India first Life Insurance. The initial days in the Regional Office were spent in trying to understand the current system of functioning at Bank. I spent the first week trying to understand the role of different Departments of Bank. Also, how Mutual funds and Life Insurance Products contribute to Revenue generation for the Bank. After getting familiar with the core business of Bank, I started looking into my Project topic and spent time meeting with my Mentors understand what model do these schemes and Products are sold to customers
After understanding the functioning, I formulated a plan and decided to work for my Project accordingly as my topic was related to Mutual funds and Life Insurance. To do this I have to visit different officers of Bank of Baroda I have coordinate with them accordingly. The idea was to study different products of Mutual Funds and Life Insurance offered at Bank of Baroda. The next couple of weeks were spent visiting different branches and interacting with customers regarding these Products. Also, at the same time, I got the opportunity to work closely and understand the differences of these Products and showcase the Products to the customer as per his/her risk-taking ability of investor. The aim was to create awareness among customers regarding these Products and how to help them in managing their future financial needs through Wealth management.
Title – Comparative Study Of Investments In Mutual Funds And Life Insurance Products
Author – Pooja N. Madane
College – Alkesh Dinesh Mody Institute For Financial & Management Studies
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