A SIP Report

ON
Systematic Investment plan in Mutual Funds- How beneficial is it for small
Investors?
at
Odisha Capital Market and Enterprise Limited, Bhubaneswar

SUBMITTED BY
G. IPSITA PATRA
MBA 2ndYEAR
ROLL NO- 202381026
REGD NO- 2306423023

COMPANY GUIDE INTERNAL GUIDE

MR. BIPIN BIHARI DUTTA DR. PRAMATH N. ACHARYA
MANAGER (OCMEL) ASST PROFESSOR
DEPT OF MANAGEMENT

NIST Institute of Science & Technology

(Autonomous)
Institute Park Pallur Hills, Berhampur, Odisha
 DECLARATION

I hereby declare that the project work titled “SYSTEMATIC INVESTMENT PLAN IN
MUTUAL FUNDS- HOW BENEFICIAL IS IT FOR SMALL INVESTORS?” at Odisha
Capital Market and Enterprise Limited. (OCMEL) is a result of my work and my
indebtedness to other work publications, and references, if any, has been duly acknowledged.
This project has been prepared under the guidance of Mr. PRAMATH N. ACHARYA,
ASSISTANT PROFESSOR, DEPARTMENT OF MANAGEMENT, NIST, and industrial
guidance of MS. Sushree Sangeeta Padhy (Sr. Manager). I further declare that I have
undergone an Internship Programme for 30 days on Recruitment and Selection and this project is
purely original and authentic work done by me and the same has not been submitted to any
University or Institution for the reward of any degree/diploma.

Place: NIST, Berhampur G. IPSITA PATRA

Date: Roll NO: 202381026
 NIST Institute of Science & Technology (Autonomous)
INSTITUTE PARK, PALLUR HILLS, BERHAMPUR-761008, ODISHA, INDIA
Tel No. +91-0-2492421/422, Fax:-+91-680-2492627

GUIDE CERTIFICATE
This is to certify that the project entitled " SYSTEMATIC INVESTMENT PLAN IN
MUTUAL FUNDS- HOW BENEFICIAL IS IT FOR SMALL INVESTORS?” at Odisha
Capital Market and Enterprise Limited(OCMEL).” submitted by G. IPSITA PATRA
bearing Roll No: 202381026 in practical fulfilment for the award of Master of Business
Administration to NIST Institute of Science & Technology (Autonomous) is a record of
independent research work done by her under my guidance and supervision.
I wish her a great success in her future career.

Date: DR. PRAMATH N.

ACHARYA
ASST
PROFESSOR
DEPT OF
MANAGEMENT
 TABLE OF CONTENT

CHAPTERS CONTENTS PAGE

NO.
Chapter- 1 INTRODUCTION
1) Purpose of study
2) Objective of the study
3) Area of study

Chapter- 2 COMPANY PROFILE, HISTORY, STRATEGY AND

OTHER OPERATIONAL DETAILS
Chapter- 3 METHODOLOGY
Chapter- 4 FINDINGS AND INTERPRETATION
Chapter- 5 CONCLUSION AND RECOMMENDATIONS
CHAPTER – 01

INTRODUCTION
INTRODUCTION:
The Mutual Fund industry in India had its beginning in 1963. The Unit Trust of India
(UTI) was formed through a Parliamentary act and was under the supervision of the
Reserve Bank of India (RBI). UTI launched the first mutual fund scheme in India called
Unit Scheme 1964.1India is now the world’s second-largest mutual fund industry, with
over $400 billion in assets under management. The Mutual Fund industry in India is one
of the fastest-growing markets in the world, with a CAGR growth of 17.5% over the past
five years.
Assets Under Management (AUM) of Indian Mutual Fund Industry as on July 31, 2024
stood at ₹ 61,15,582 crore. The AUM of the Indian MF Industry has grown from ₹8.34
trillion as on October 31, 2013 to ₹61.15 trillion as on July 31, 2024 more than 5 fold
increase in a span of 10 years.
The Indian mutual fund industry is primed for significant growth, offering immense
investment potential. With a growing middle class, rising financial literacy, and a culture
of savings, It is set to play a vital role in wealth creation and financial planning.

1. PURPOSE OF STUDY:
Studying the mutual fund industry in India is crucial for several reasons. Firstly, it
provides valuable insights into the country’s financial landscape, reflecting the investment
behaviour and risk appetite of its diverse population. Understanding the dynamics of the
mutual fund sector aids investors in making informed decisions, aligning their portfolios
with market trends.
For me studying mutual funds is very beneficial. It helped me to learn a lot of things like
portfolio management, risk reduction and fair pricing. I also learnt about primary market
and secondary market. Some analysis also we did like fundamental analysis and technical
analysis which helped me to gain a lot of knowledge.
For industry and company perspective it is very beneficial as it provides investment
opportunities, diversification, capital formation, financial planning for employees and
many more. Studying the mutual fund industry in India is crucial for companies and
industries.
Some of them are explained below:
• Investment Opportunities: Understanding the mutual fund industry helps
companies identify potential investment opportunities, allowing them to make
informed decisions about where to allocate their funds for optimal returns.
• Diversification: Companies can use mutual funds as a tool for diversifying their
investment portfolio. A comprehensive study enables them to choose funds that
 align with their risk tolerance and financial goals.

• Capital Formation: Examining the mutual fund industry provides insights into
the overall capital formation in the market. This information is valuable for
companies planning to raise capital or invest in projects.
• Financial Planning for Employees: Many companies offer mutual fund
investments as part of employee benefit programs. A study of the mutual fund
industry aids in designing effective financial planning options for employees.
• Regulatory Compliance: The mutual fund industry is subject to regulatory
frameworks. Companies need to be aware of these regulations to ensure
compliance and avoid legal issues in their financial dealing.

2. OBJECTIVE OF THE STUDY:

Followings are the objectives of the study:

• To understand current scenario of mutual fund market.

• To know and study the level of understanding of small inverters at Odisha Capital ltd
• To study the demographic profile of mutual fund investor at Odisha capital ltd.
• To observe the current market trend and its impact on investor’s behavior of
Odisha capital ltd.

3. AREA OF STUDY:
3.1 What is mutual fund?

A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust

that collects money from a number of investors who share a common investment
objective and invests the same in equities, bonds, money market instruments and/or other
securities.
As an investor, you can buy mutual fund 'units', which basically represent your share of
holdings in a particular scheme. These units can be purchased or redeemed as needed at
the fund's current net asset value (NAV). These NAVs keep fluctuating, according to the
fund's holdings. So, each investor participates proportionally in the gain or loss of the
fund. All the mutual funds are registered with SEBI. They function within the provisions
of strict regulation created to protect the interests of the investor.
The biggest advantage of investing through a mutual fund is that it gives small investors
access to professionally-managed, diversified portfolios of equities, bonds and other
securities, which would be quite difficult to create with a small amount of capital.
3.2 Types Of Mutual Funds:

 Equity Funds: Invest in stocks, providing potential for high returns but also higher risk.
 Bond Funds: Invest in fixed-income securities, offering steady income with lower
risk compared to equity funds.
 Money Market Funds: Invest in short-term, low-risk securities like Treasury bills
and commercial paper, suitable for preserving capital.
 Index Funds: Mirror a specific market index, aiming to replicate its performance.
 Sector Funds: Focus on specific sectors like technology, healthcare, or energy.
 Balanced Funds: Combine stocks and bonds to provide a balanced risk-return profile.
 Target-Date Funds: Adjust the asset allocation based on the investor’s target
retirement date.
 International Funds: Invest in securities outside the investor’s home country.
 Exchange-Traded Funds (ETFs): Similar to mutual funds but traded on stock exchanges.
 Sustainable or ESG Funds: Invest based on environmental, social, and governance criteria.

3.3 Merits of Mutual Funds:

 Diversification: Mutual funds pool money from multiple investors to invest in a

diversified portfolio of securities, spreading risk across various assets.
 Professional Management: Fund managers make investment decisions based on
research and analysis, leveraging their expertise to optimize returns.
 Liquidity: Investors can buy or sell mutual fund shares on any business day,
providing liquidity and flexibility compared to some other investment options.
 Accessibility: Mutual funds allow investors to access a wide range of securities
and markets, even with a relatively small investment amount.

3.4Demerits of Mutual Funds:

 Fees and Expenses: Mutual funds may charge fees, such as management fees and
expenses, which can erode returns over time.
 Market Risk: Despite diversification, mutual funds are exposed to market
fluctuations. Economic downturns can impact the fund’s performance.
 Lack of Control: Investors relinquish control over specific investment decisions to
the fund manager, which may not align with individual preferences or risk tolerance.
 Tax Implications: Capital gains distributions from mutual funds may have tax
implications for investors, even if they didn’t sell their shares.
3.5 Importance of Mutual Funds in Indian Economy:

o Convenience: For investors, one of the most prominent benefits that mutual funds
provide is convenience. By investing in a single fund, they can gain access to a broad
range of the financial market. A typical diversified equity fund can spread out the
money across tens of stocks with some portion invested in fixed income securities as
well.

o Diversification: Further, if an investor wants to focus on one segment of the market,

for instance, large-cap stocks, funds focused on this segment can spread out the
investment across multiple large-cap stocks in just one transaction of purchasing the
fund. If the investor were to try to do that themselves, it would take a lot of effort,
transaction cost, and time to create an individual large-cap stock portfolio. The
situation with investing in bonds is even more difficult if one tries to do it individually
rather than taking the fund route.

o Ease Of Investment: Apart from this, mutual funds are easy to buy and sell. One can
either engage the services of a distributor or agent to transact in funds or do it over the
internet themselves. In the case of latter, the transaction amount is debited from or
comes directly to the bank account linked to the mutual fund account depending on
whether a fund has been bought or sold.

o Spoilt For Choice: This feature follows from the convenience aspect discussed
above. Investors have several choices when it comes to mutual funds. And given their
investment objectives, funds provide access to a wide range of financial instruments,
sectors, and strategies.

o Professional Management: This is one of the factors, which is a key highlight of the
importance of mutual funds. Due to lack of expertise several investors don’t have the
confidence in taking the financial market route to grow their wealth. They feel they
have limited or no capability to invest in stocks and bonds on their own and do not
have the time to keep tracking their investments even if they manage to invest on their
own.
3.6 Scope of Mutual Funds in Indian Economy:

 The scope of studying mutual funds encompasses a broad understanding of investment

vehicles pooling capital from multiple investors. It involves exploring fund structures,
types, and investment strategies.
o Analyzing mutual fund performance, risk factors, and historical trends aids in
assessing their viability for investors. Additionally, studying the regulatory
framework governing mutual funds provides insights into compliance and investor
protection.
o Researching the roles of fund managers, expense ratios, and distribution channels
contributes to a comprehensive view of their functioning.
o Evaluating the impact of economic conditions and market trends on mutual fund
performance enhances predictive capabilities.
o Overall, the scope extends to financial markets, securities analysis, and portfolio
management, making it an integral aspect of finance education and a crucial field
for investors seeking diverse and managed investment opportunities.
 Maintain strict financial discipline and look for quality investments.
 Maintaining total fund to expense ratio.
 The capacity of fund managers to hold liquid assets to meet the investors claim on time.
 Clean and transparent operations.
 CHAPTER – 02

COMPANY PROFILE, HISTORY, STRATEGY

AND OTHER OPERATIONAL DETAILS
INTRODUCTION:
History:

OCMEL is a successor company of erstwhile Bhubaneswar Stock Exchange Ltd. (BhSE). BhSE
which had been functioning as a recognized stock exchange in the State of Odisha since the year
1989, has taken exit as a stock exchange w.e.f. February 09, 2015 pursuant to exit policy of
Securities and Exchange Board of India (SEBI) for non-performing stock exchanges in the
country. In this context, pursuant to application of BhSE for voluntary surrender of recognition
and exit as a Stock Exchange, SEBI has issued an order on February 09, 2015 for exit of BhSE
as a stock exchange after ensuring compliance of various formalities by BhSE associated with
such exit process. SEBI in its said order directed BhSE, among other requirements, to change its
name and not to use the expression “Stock Exchange” or any variant of this expression in its
name.

Accordingly, as it was required in the exit order issued by SEBI, the name of the Company has
been changed from “Bhubaneswar Stock Exchange Ltd.” to “Odisha Capital Market &
Enterprises Ltd.” w.e.f. 9th June, 2015 with the approval of the Registrar of Companies, Odisha
in terms of provisions of the Companies Act, 2013. After exit of BhSE as a stock exchange, the
Company now functions under a new name “Odisha Capital Market & Enterprises Ltd.” with an
altered set of Memorandum and Articles of Association in terms of provisions of the Companies
Act, 2013 taking the assets and liabilities of erstwhile BhSE.

The affairs of the company are controlled and supervised by the Board of Directors under the
provisions of its Memorandum and Articles of Association. The duties and responsibilities of day
to-day management and affairs of the company are now vested with Mr. Thomas Mathew,
Managing Director, who is assisted by Mr. Debasis Samantaray, Director and a team of
managerial and other employees of the company.

Vision:

“To work for increase of financial literacy for financial inclusion”.

Mission:

“Odisha capital market & enterprises limited (OCMEL) is a company, limited by shares, for
carrying on different activities in the domain of capital market including providing\campaigning
financial education for financial inclusion in the state of Odisha as per its objectives.”
Evolution:

Bhubaneswar Stock Exchange Ltd. (BhSE) which had been functioning as a recognized stock
exchange in the State of Odisha since the year 1989, has taken exit as a stock exchange w.e.f.
February 09, 2015, pursuant to exit policy of Securities and Exchange Board of India (SEBI) for
non-performing stock exchanges in the country. In this context, SEBI has issued an order on
February 09, 2015, for exit of BhSE as a stock exchange after ensuring compliance of various
formalities by BhSE associated with such exit process. SEBI in its said order had directed BhSE,
among other requirements, to change its name and not to use the expression “Stock Exchange” or
any variant of this expression in its name. As it was required in the exit order issued by SEBI, the
name of the Company has been changed from “Bhubaneswar Stock Exchange Ltd.” to “Odisha
Capital Market & Enterprises Ltd.” w.e.f. 9th June 2015 with the approval of the Registrar of
Companies, Odisha in terms of provisions of the Companies Act, 2013. Now, after exit of BhSE
as a stock exchange, the Company of erstwhile BhSE functions under a new name “Odisha
Capital Market & Enterprises Ltd.” with an altered set of Memorandum and Articles of
Association in terms of provisions of the Companies Act, 2013.

KEY MANAGERIAL OFFICERS:

1. Chairman of the board

2. Managing director
3. Director 4. Public representative director

5. Manager; Bipin Dutta

ORGANIZATIONAL CHART

Chairman

(Mr. BK Mohapatra)

Managing Director

(Mr. Thomas Mathew)

Public representative Director Director

Director
(Mr. Debasis Samantaray) (Mr. Padma Kumar
(Mr. Sanjay lath) Bhawasinka)

Manager
Manager Manager
(Bipin Dutta)

A.
B.
C. OPERATIONS & SERVICES:
1. Stock broking & demat account services:

OCMEL has a wholly owned subsidiary company, namely, BHUBANESWAR

SHARES AND SECURITIES LTD. (BSSL), to offer stock broking services. BSSL is a
Registered Authorized Person (AP) of ISS Enterprise Ltd. (ISS), Navi Mumbai which is a
Registered Stock Broker of the National Stock Exchange of India Ltd. (NSE). BSSL,
being an AP of ISS, has been carrying on stock broking business and hence, offers stock
broking services to its registered clients in Cash and Derivatives (Futures & Options)
Segments of NSE through ISS at a very competitive brokerage. The Company offers
investors in securities the following services –
1. Opening of Trading Account for trading in shares and securities;
2. Opening of Demat Account for electronic maintenance of shares and securities;
3. Facilitating trading in Derivative transactions

D. FINANCIAL EDUCATION:
1. Capital market training program:

With the adoption of capital market as a core subject in Universities, B-Schools, and
Under Graduate Colleges, practical oriented education program in securities market
activities is in increasing demand nowadays as it offers a career in the field of the
securities market and the domain of finance. The company has been undertaking practical-
oriented training programs for the students of Universities, B-Schools and Under
Graduate Colleges as well as for women and retired executives who are interested in
investment in the securities market. The company is also providing 1 to 2 days of industry
visit training and education programs on stock market activities to the students of various
Universities and management institutes.

2. Summer Internship Program:

The company has been providing quality guidance services to management students in
their internship programs in a big way in the domain of capital market and finance. Many
students from various Universities and B-Schools in and out of Odisha visit the company
for their Summer Internship Program every year. The internship study in the company has
helped many students in getting very good placements in various corporate. For Summer
Internship Program, please contact our Corporate Guide and In-Charge of Training &
Education

E. Certification Course in Capital Market:

Presently, the company has been offering a Certification Course, namely, “Basics of
Capital Market” for the students of Universities, B-Schools and Under Graduate Colleges
as well as for women and retired executives. This course is facilitated by a team of
qualified and domain- experienced resource personnel. The course has been designed for
20 (Twenty) classes of a duration of 90 minutes each aggregating 30 hours covering the
activities of the capital market such as Primary Market (IPO/FPO), Mutual Funds,
Depository, Fundamental Analysis, Technical Analysis, and Futures & Options Trading
including few practical classes on Live Stock Trading at a reasonable course fee. The
company is also taking steps to the introduction of an advance course on capital market
activities.

F.
CHAPTER – 03

METHODOLOGY
DESIGN OF THE STUDY:
Research methodology:

Research methodology is a way to systematically solve the research problem. It may be

understood as a science of studying how research is done scientifically. In it we study the
various steps that are generally adopted by a researcher in studying his research problem
along with the logic behind them.

Data collection source and methods:

Data Collection Sources:
1. Primary Sources:
 Surveys and Questionnaires: Many studies utilize structured questionnaires distributed
through platforms like Google Forms to collect data directly from investors. For
instance, one study involved a sample of 250 respondents in Chennai, where data was
gathered on their investment choices and perceptions regarding SIPs.
 Interviews: Some research may involve direct interviews with investors or financial
advisors to gain qualitative insights into their experiences and motivations behind SIP
investments.
 Focus Groups: Engaging small groups of investors can help researchers explore
attitudes and perceptions in depth, although this method was not specifically mentioned
in the results.
2. Secondary Sources:
1. Literature Reviews: Researchers often review existing studies, articles, and reports on
mutual funds and SIPs to understand the broader context and trends in the market.
2. Financial Reports and Market Analysis: Data from financial institutions, mutual fund
performance reports, and market analysis can provide insights into the effectiveness and
popularity of SIPs among different investor demographics.
Data Collection Methods
1. Quantitative Methods:
 Statistical Analysis: Many studies employ statistical techniques such as percentage
analysis, chi-square tests, and ANOVA to analyze survey data. This helps in
 understanding the relationships between variables like investor demographics and their
investment choices.
 Descriptive Research Design: This method is often used to systematically gather
information about investor behavior and preferences regarding SIPs, allowing for a
comprehensive overview of the data collected.
2. Qualitative Methods:
 Content Analysis: Analyzing responses from open-ended questions in surveys can
provide deeper insights into investor motivations and attitudes towards SIPs.
 Case Studies: Some research may include case studies of specific mutual funds or
investor profiles to illustrate particular trends or behaviors in SIP investments.
3. Online Platforms:
The increasing use of the internet as a source of information about mutual funds is
notable. Many investors report gaining knowledge about SIPs through online resources,
including financial websites and social media, which influences their investment
decisions.

Sampling:
Sampling Methods
1. Convenience Sampling:
This method is commonly used in studies related to SIPs. Researchers select participants
based on their availability and willingness to participate, rather than using random
sampling techniques.
2. Survey Method:
Surveys are a prevalent technique for collecting data from investors. Researchers often
employ structured questionnaires that include both open-ended and closed-ended
questions to capture a wide range of responses.
Characteristics of the Sample
1. Demographics:
The sampled investors often include a diverse range of demographics, such as age,
income level, and investment experience. This diversity helps researchers understand
different perspectives and preferences regarding SIPs.
2. Investment Behaviour:
The characteristics of the sample may also reflect various investment behaviours, such
 as risk tolerance, investment goals, and the frequency of SIP contributions. For instance,
studies have shown that many investors prefer flexible SIPs, which allow them to adjust
their investment amounts as needed.
3. Awareness and Perception:
The studies often assess investors' awareness of SIPs and their perceptions of mutual
funds as investment vehicles. This includes understanding the factors that motivate
investors to choose SIPs over other investment options, such as lump-sum investments

Limitations of the study:

 First of all, the short span of 30days time is not sufficient enough to conduct a study
on the topic ‘Mutual Funds’.
 Sufficient database was not provided by the company.
 Investor reluctant to disclose information.
 Apart from collecting data from the investor it is very difficult to know whether they
are frank in their saying or biased with fear.
 CHAPTER – 4

FINDINGS AND INTERPRETATION

1. WHAT TYPE OF INVESTMENT YOU PREFER THE MOST?

Savings- 26% Fixed deposits- 29% Mutual funds- 10%

Insurance- 8% Gold/ Silver- 20% Real-estate- 8%

Shares/ Debentures- 2% Post Office- 0% PPF- 0%

Interpretation:

 The analysis shows that majority of the respondents still prefer to invest in fixed deposits i.e
30% as they feel it is a safe investment for them and they are still not willing to take any risk
of investing in equities.

 26% of respondents invest in savings account and this comprises a majority of salaried
people, Investors who prefer gold/silver purchases are 20% which is mostly middle-aged
people and women, Sadly even now only 10% of the respondents invest in mutual funds
which comprises of young people who are ready to take risks mostly in the age group of 25
to 35.

 The other investment preferences are insurance 8%, real estate 8%,
shares/debentures 2% and PPF 0%.

2. WHILE INVESTING YOUR MONEY, WHICH FACTOR YOU PREFER THE

MOST?

Liquidity 42%
High return 30%
Low risk 25%
Company reputation 3%

Interpretation:

 The factors preferred the most are liquidity Le 42% as people want to be prepared for any
crisis which may evolve during their life. Hence they prefer investing such that they can
withdraw the funds whenever the situation arises.

 The remaining 30% of the respondents would like to get high returns on their investments.
 Around 25% of the respondents are not willing to take any risk in their investments, they
prefer safe investments.

 The remaining 3% of the respondents go for reputed companies as their preference.

3. HAVE YOU EVER INVESTED YOUR MONEY IN MUTUAL FUND?

YES 63%
NO 28%
Earlier, now stopped 9%

Interpretation:

 The major part of the sample taken has invested in the Mutual Funds. The percentage of
respondents investing in mutual funds are 63%, though they do prefer investing in fixed
deposits more than mutual funds yet they have agreed to take some risk.

 The demand for the mutual funds have increased in the past few years with many Foreign
players entering in the Indian market, Fidelity, Franklin Templeton, DSP Meryll Lynch to
name few.

 Still there are few who are not investing in MF.28% of the respondents do not invest in
mutual funds.

 9% of the respondents said they were investing in the past but have discontinued.

4. IN WHICH MUTUAL FUND HAVE YOU INVESTED?

UTI SBI MF Reliance Other ICICI HDFC JM MF

Prudential

36% 20% 18% 12% 8% 6% 0%

Interpretation:
 In investing in mutual fund people mostly preferred 36% in UTI.

 Most of the respondents go for online purchase of the fund because that saves a lot of their
time and they can conveniently do it on weekends when they are not working.

 The other investments made were 20% in SBI MF, 18% in RELIANCE, 12% in OTHER, 8%
ICICI PRUDENTIAL, 6% in HDFC and 0% in JM MUTUAL FUND.

5. WHEN YOU INVEST IN MUTUAL FUNDS, WHICH MODE OF INVESTMENT

WILL YOU PREFER?

One Time Investment 18%

Systematic Investment 82%

Interpretation:

 The analysis shows that 82 % of investors prefer to opt for the systematic investment plan
and 18% invest in one time investment plan.

 Most of the respondents feel that since they are salaried people they do not have to worry
much about setting aside just a small portion of their monthly salary for investing in mutual
fund.

 So for them systematic investment is a safe bet rather than the one-time investment wherein
they have to invest a lump sum amount and then they have to worry about liquidity too for
their expenditure.
 CHAPTER – 5

CONCLUSION & RECOMMENDATIONS

G.
H.
I.
J.
K. CONCLUSION:

The Systematic Investment Plan (SIP) in mutual funds is particularly advantageous for small
investors. It enables individuals to contribute a fixed amount regularly, fostering financial
discipline and reducing the effects of market fluctuations through a strategy known as rupee-cost
averaging. This consistent investment approach allows small investors to benefit from
compounding returns over time. SIPs are flexible, allowing investors to start with minimal
amounts and gradually increase their contributions, which facilitates steady wealth accumulation
without requiring a significant initial investment. Furthermore, SIPs promote diversification
across various securities, thereby lowering risk. In summary, for small investors with limited
funds, SIPs in mutual funds represent a wise strategy for long-term wealth creation, offering
accessibility, affordability, and a structured method to take advantage of market opportunities.

L.
M. RECOMMENDATION:
• I wholeheartedly recommend Odisha Capital Market and Enterprises Ltd for its
exceptional finance internship program.
• The exposure to a diverse range of financial products, coupled with hands-on
experience in effective investor communication, has enriched my understanding of the
industry.
• The company's impressive interdepartmental coordination underscores the importance
of seamless collaboration.
• Witnessing the unwavering commitment of employees to their roles reflects a positive
work culture.
• Overall, the company's holistic dedication to stakeholders, evident in its transparent
communication and sustainable growth initiatives, makes it an outstanding choice for
aspiring finance professionals.
 ANNEXTURE

1. QUESTIONNAIRE USED:

1. Your current age is within which of the following categories:

a) Under 30

b) 30-35

c) 36-40

d) 41-45

e) Over 45

2. What is your educational background:

a) Higher secondary

b) Graduate

c) Post graduate

d) Others (please specify). ________________

3. Your employment status:

a) Full time

b) Part time

c) Self employed

d) Retired

e) Others

4. Your aggregate monthly income:

a) Below Rs.20,000

b) Rs.20,001- Rs.30,000

c) Rs.30,001– Rs.50,000

d) Rs.50,001– Rs.80,000

e) Rs.80,001– Rs.1,00,000

f) Above Rs.1,00,000

5. Do you save money for investment?

a) Yes

b) No

If yes, how long do you plan to invest your savings?

a) Up to 1 year

b) 1-3 years

c) 3-5 years

d) 5-10 years

e) More than 10 years

LIST OF WEBSITES:

 www.google.com
 https://odishacap.in/
 www.bhseindia.com
 https://www.investopedia.com