Training presentation a
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The document provides details about an internship at NJ India Invest Pvt. Ltd., a privately owned financial products distribution company, including the company's growth profile with over 1,100 employees and 21,000 partners, the intern's responsibilities in business development and conducting market research, and lessons learned about teamwork, communication skills, and the mutual funds industry.
Training presentation a
- 1. Submitted By Anjali Asthana (141220) Under the guidance of: Prof. Bikramaditaya Ghosh Industry guide : Suresh Chaudhary A Study on the working of “NJ India Invest Pvt. Ltd.”
- 2. Introduction NJ Group is based out of Surat ,Gujarat (India) in 1994. Privately owned B2B company. National Distributor of Financial Products. Driven by the strong vision of 'Creating Wealth and Transforming Lives‘. Vision of Successful Wealth Creation . A dominant player . Internship Report • 2 Months (23rd Mar to 23rd May)Internship Duration • Performance basedInternship Stipend :
- 3. Company Growth Profile NJ began in 1994 with the establishment of NJ India Invest Pvt. Ltd. In 2003 , it became largest networks of financial products distributor in India known as the NJ Fundz Network. Since last 21 Years NJ is serving in various parts. Over the years, NJ Group has diversified into other businesses Today NJ Group has 1. Presence in 94* locations in India and has over 1,100+* employees. 2. Over 21,000+ NJ Wealth Partners 3. Over 9,70,000+ investors and over INR 21,500 crores + of mutual fund assets under advice Now NJ has created it’s 360 degree platform for financial advisors
- 4. Services Customer Services Partner Services Domestic mutual funds (all AMCs) Dedicated Relationship Manager Government/ RBI/ Infrastructure bonds Marketing & Sales support Fixed Deposits of companies Research support Residential & commercial properties Training & Education support Dedicated Customer Care / Query management support Technological support, including online business / 'Partners Desk'
- 6. Competitors and Industry Analysis Strengths : NJ India Invest is present in 21 states with 94+ branches with 21000+ existing partners. NJ India is a dominant player in the Indian Mutual Funds distribution business with over decade of experience. NJ India Invest has tied up with 40+ AMC’s. NJ has over INR 21,500 crores+ of mutual fund assets under advice. NJ is providing the technical help and guidance to their partners. NJ has strong 360degree supports which make it different from its competitor. For this here I am Presenting the SWOT analysis of the company in industry.:
- 7. Weakness: The 1st and most important lacking element in the company is the awareness about the company is very less in the market. NJ is only dominant in Mutual Funds. They should also focus on other financial instruments. Opportunity: They have very wide scope in financial sector. NJ can utilize the dominant position. It has and optimally uses the huge network of its partners. NJ can use its network of partner in selling insurance. Threats: Prudent Pvt. Ltd. Blue Chip India Ltd.
- 8. Job Description Work assigned 1- “Business Development” Making clients for the company 1) Step 1: Call the financial and insurance advisor and invite them into the seminar. 2) Step 2: Conduct the seminar on “Business Opportunities in Mutual Funds” 3) Step 3: Enrolled them for AMFI NISM Module VA exam. 4) Step 4: Conduct the Training Sessions for the applicants . Result Achieved We organised total 8 seminar in 2 months. We called more than 250 people. We invited 50 insurance advisors. Total 5 clients I made for the company till now . We conducted the monthly Training Sessions.
- 9. Work assigned 2: Research Methodology Take a survey on “THE AWARENESS IN MUTUAL FUNDS 1. Sample Size was 50.(General Public) 2. Questionnaire should have 10 general question related to income, expenditure and awareness of Mutual Funds Age bar for survey should be 18-60 years Each sample should be of different age, gender, occupation and income. Result achieved I have done the survey in two ways 1ST is offline and 2nd is online. 25 survey, I have done offline (with the local Bangalore people.) 25 survey, I have done online (all over India) From the Results of the survey I can conclude that A huge part of sample size Save but don’t invest in any kind of financial products. My Survey results and pie charts will help company to target general public .
- 10. Skills Required Professional communication (Oral and Written) Skill of convincing . Excellence in MS Excel and Word. Good analytical skills. Listening and Learning. Planning and Organising. Teamwork
- 11. Learning Teamwork Professional Communication An idea of mutual fund Doing a research Innovative idea of survey
- 12. Suggestions The awareness about the company in the market. NJ is only dominant in Mutual Funds. Company should provide benefits to the loyal advisors . They should create good word of mouth. Company should focus on inactive partners
- 13. Bibliography www.moneycontrol.com www.njindiainvest.com www.njwealth.in www.irdia.com