Nelson Aind - Assignment

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1.What isIndian Financial Corporation?

Ans- Meaning of financial services Financial Services Meaning &


Importance Image: Financial Services Meaning & Importance
AdvertisementScroll to Continue Financial service is part of financial
system that provides different types of finance through various credit
instruments, financial products and services. In financial
instruments, we come across cheques, bills, promissory notes, debt
instruments, letter of credit, etc. In financial products, we come
across different types of mutual funds. extending various types of
investment opportunities. In addition, there are also products such
as credit cards, debit cards, etc. In services we have leasing,
factoring, hire purchase finance etc., through which various types of
assets can be acquired either for ownership or on lease. There are
different types of leases as well as factoring too. Thus, financial
services enable the user to obtain any asset on credit, according to
his convenience and at a reasonable interest rate.

Importance of Financial services


It is the presence of financial services that enables a country to
improve its economic condition whereby there is more production in
all the sectors leading to economic growth.

SAHARA INDIA FINANCIAL CORPORATION LIMITED Sahara India


Financial Corporation Limited is a Non-govt company, incorporated
on 07 Aug, 1987. It's a public unlisted company and is classified
as'company limited by shares'. Company's authorized capital stands
at Rs 120000.0 lakhs and has 76.55614% paid-up capital which is Rs
91867.37 lakhs. Sahara India Financial Corporation Limited last
annual general meet (AGM) happened on 20 Sep, 2017.
The company last updated its financials on 31 Mar, 2017 as per
Ministry of Corporate Affairs (MCA). Sahara India Financial
Corporation Limited is majorly in Finance business from last 34 years
and currently, company operations are active. Current board
members & directors are OM PRAKASH SRIVASTAVA, MADHUKAR,
SATISH KUMAR SINGH, SUBRATA ROY SAHARA, SAMREEN ZAIDI,
JANARDAN SINGH and BABITA CHAUHAN SINGH . Company is
registered in Kanpur (Uttar Pradesh) Registrar Office. Sahara India
Financial Corporation Limited registered address is SAHARA INDIA
BHAWAN 1KAPOORTHALA COMPLEX LUCKNOW UP 226024 IN.

2.what is sahara Group?


Ans- Sahara India- a corporate, which believe that quality, is never an
accident it is a result of planning, team work and a commitment of
excellence. Sahara India Pariwar is a multi-business conglomerate
with diversified business interest that includes finance, real estate,
media & entertainment, tourism & hospitality, and service & trading.

Important Points
• The employees at Sahara India Pariwar greet each other by
saying “Sahara Pranam”.
• Every year, republic day and independence day is celebrated as
Bharat Parv ( national festival) and Sahara India Pariwar celebrates it
as the biggest event of the pariwar( family).
• Sahara India Pariwar has been the official sponsors of the
Indian cricket team and Indian hockey team.
• Sahara India Pariwar in often referred as the world’s largest
family.
• 910,000 workers/ employees and no trade union.
• Its five star hostel ‘Sahara Star’ near Mumbai airport has the
world’s largest pillar less clear-to-sky dome of its kind.
• Holds the Guinness world record for planning 125,256 trees by
1400 volunteers in 6 hours and 35 minutes 0n 5th June 1988 at
ambyvally city.
• Hold the record in India for 25%-50% hike in the gross salary of
all of its employees at one go.
• Conducts mass marriage ceremony of 101 underprivileged girls
every year.
• Subrato Roy Sahara is also referred as “Saharasri”.

3.What is Financial Bond and Policy?


Ans-An insurance bond, also known as an investment bond, is an
insurance-related investment vehicle used primarily in the United
Kingdom and Australia. The insurance bond is an investment
instrument offered by life insurance companies in the form of a
whole life or term life insurance policy. Insurance bonds best suit
investors who use them for estate planning or who are interested in
long-term investing. Also, insurance bonds have some tax
advantages.
Understanding an Insurance Bond
Insurance bonds are simple investments which allow investors to
save for the long term. An investor may choose from funds, similar to
mutual funds, offered by a life insurance company. The investment
can be through a lump sum amount or regular remitted payments, as
with a standard life insurance policy. The structure of insurance
bonds can be as a whole life policy or a term life policy

5-Ans
Being a management trainee at Sahara India Financial Corporation,
Fathpur my objectives of study are:

• To know the avenues where investors want to invest.

• To know the purpose behind their investment.

• To know the market trend.

• To know their expectations regarding returns.

The study of knowing different views of investors for the investment


avenues involves Demographic background, Educational background,
and Experience & Industrial background.

To give a strong base to my study I undertook a research at the Sikar


region and used schedule, Personal Interview of investors in
determining the investment pattern. The research gave findings to
make conclusion.

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