Project Report

A
Project Report
On
“Study Of Investment Made By LIC Of India In Share Market Through Different ULIP Plans”


Submitted To
Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur.
In Partial Fulfillment for the
Degree of Master of Business Administration
(2009-2010)


Submitted by
Mr. Vaibhav S. Bhalerao

Under the Guidance of
Prof. Pradip S. Mahajan






Through
Department of Management Studies
Nabira Mahavidyalaya, Katol
Dist :- Nagpur
(2009-2010)




Life Insurance Corporation of India

PROJECT TRAINING CERTIFICATE

PROJECT TRAINING CERTIFICATE



This is to certify that Mr. Vaibhav S. Bhalerao is M.B.A. student of Department of Management Studies, Nabira Mahavidyalaya, Katol who has undertook
A Project On
“Study Of Investment Made By LIC Of India In Share Market
Through Different ULIP Plans”
in our organization for a period from 26th Nov. 2009 to 9th Jan. 2010 and successfully completed the same.

We are happy to note the keen interest shown by him during the tenure of Project Work. We wish him bright future.



Date : 13 Jan 2010
Place : Katol Branch Manager
LIC Katol Branch (99-E)

CERTIFICATE

CERTIFICATE


This is to certify that Mr. Vaibhav S. Bhalerao is a bonafied student of the Master of Business Administration (M.B.A.) course doing Specialization in Financial Management subject for the Session 2009-10 of the Department of Management Studies, Nabira Mahavidyalaya, Katol.

The candidate has worked under my supervision and has satisfactorily conducted Project Work .

The Project submitted by him in his own work and is completed so as to warrant its presentation for examination.

His Project work entitled “Study Of Investment Made By LIC
Of India In Share Market Through Different ULIP Plans”

This is in Partial fulfillment of the requirement for the above course and is being forwarded to Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur for examination.


Research Guide
Prof. Pradip S. Mahajan


Prof. A.S. Meena
Principal
Department of Management Studies,
Nabira Mahavidyalaya, Katol

DECLARATION

DECLARATION



The work presented in this dessertation Entitled “Study Of Investment Made By LIC Of India In Share Market Through Different ULIP Plans” has been carried out by me under the guidance of Prof. Pradip S. Mahajan during the academic session 2009-2010.

To the best of my knowledge this work has not been submitted earlier for any Degree, Diploma or Certificate Examination, since this is current Subject of year 2009-2010.


Place :
Date :
Mr. Vaibhav S. Bhalerao
Contact: 9960972386
(M.B.A. Student)
2008-2010

CONTENTS

CONTENTS

Sr. No.
Chapter
Page No.
1
Introduction
a) Title Introduction
b) Organization Profile

01 to 15
2
Objectives of Study

16 to 17
3
Hypothesis of Study

18 to 19
4
limittions

20 to 21
5
research methodology
a) Primary data
b) secondary data

22 to 24
6
data collection

25 to 57
7
data interpretation & its analysis

58 to 75
8
CONCLUSION

76 to 77
9
SUGGESTION

78 to 79
10
bibliography

80 to 81
11
ANNEXURE

82 to 85

TITLE INTRODUCTION

TITLE INTRODUCTION


k LIC, the Life Insurance Corporation of India is market leader in India, came into being on 1st September 1956 as an amalgamated Entity after the nationalization of 245 odd Private Insurance Companies. After completing 52 successful years and achieving Several Milestone it has transformed into a global financial conglomerated. Beginning its operation with a small business of 56.86 lakh in foree policies. LIC has earned the Status of being the world’s largest Life Insurance Company LIC’s life fund a yardstick to measure an insurance company strength has grown from Rs. 410.40 crore in 1956 to Rs. 8,07,317.43 crore in 2009.
k LIC has been won the distinction of being the largest financial institution in India on assets base.
k The LIC is the largest single investors in India and second largest investor amongst the insurers in Asia, with total investment of Rs. 6,38,961.70 Crore. LIC has been rendering resources for Economic Development of the Country. The Corporation is the largest single financial institutional investor in the equity market with investment of over Rs. 1,23,348.77 Crore in equity (book value). The LIC’s investment of around Rs. 70,935 Crore in infrastructural Projects Speaks volumes about its contribution forwards nations buildings activities.
k Different from the conventional policy business LIC enters into the ULIP business. The fund of the investor through these ULIP policies is invested by LIC in Equity Market, Debentures, Bonds and Other Approved Securities and Government Securities and Government Guarantee Bonds.
k LIC invest fund of different ULIP Plans and with diversified portfolio. LIC is giving the consistent return to the investor as compared to private insurer.
k As LIC is a market leader in Share Market the topic Entitled “Study Of Investment Made By LIC Of India In Share Market Through Different ULIP Plans” has unique value of study.
k For this study LIC’s ULIP Plans Fortune Plus (Table No. 187), Profit Plus (Table No. 188), Money Plus – I (Table No. 193), Market Plus – I (Table No. 191) are considered. Also their Portfolio and different funds like Bond, Secured, Balanced and growth are studied.

ORGANIZATION PROFILE

Organization Profile

L for Loyalty
I for Innovation
C for commitment

k LIC – Life Insurance Corporation of India the nations largest Financial Institutions and Insurer on Assets Base came into being on 1st September 1956.
k LIC is an organization which India and Indians love. LIC plays major role in national development. There is no project by the Central Government in which LIC is not involved. LIC under writes the shares of almost all the public issues. LIC is a top organization. because is accounts for every single paisa of investor.
k The variety of plans in LIC is yet another beauty. LIC is the nations pride.