MAJOR PROJECT REPORT

ON

INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT: A SURVEY A Project report submitted in partial fulfillment of the requirement for the degree of

MASTERS OF BUSINESS ADMINISTRATION(Finance)

(2007-2009)

Under the Supervision of

Dr. Liaqat Ali Khan

Submitted by:

Name of Student: Varun DhawanMBA IIRoll No.: 2751

SCHOOL OF MANAGEMENT STUDIES

PUNJABI UNIVERSITY PATIALA

CERTIFICATE

This is to certify that the project report entitled "Investment Analysis and Portfolio Management: A survey submitted by Mr. Varun Dhawan to the Punjabi University, Patiala in partial fulfillment of the requirements for the degree of Masters of Business Administration (MBA) is a bonafide research work completed under my guidance and supervision. No part of this project report has ever been submitted for any other degree or diploma. The assistance rendered during the course of the study has been duly acknowledged.

Dr. Liaqat Ali KhanSchool of Management Studies,

Punjabi University, Patiala

DECLARATION

Certified that I Varun Dhawan of Master of Business Administration (MBA) have prepared report titled Investment Analysis and Portfolio Management: A survey under the guidance of Dr. Liaqat Ali Khan Lecturer in School of Management Studies, Punjabi University Patiala in the partial fulfillment of the requirements for the degree of Master of Business Administration. There by certify that no part of this report has been submitted for any other degree.

Varun Dhawan

Roll No. 2751MBA 2nd year

ACKNOWLEDGEMENT

This humble endeavor bears the imprint of many persons who were in one way or the other helpful in the completion of my final research project. I would like to take this opportunity to present my vote of thanks to my guides who acted as lighting pillars to enlighten my way through out this project. This project would not have been possible without the kind assistance and guidance of many people who indeed were helpful, cooperative and kind during the entire course of my project.

The acknowledgment would not be complete without expressing my indebtedness to my Honble Head of Department Dr. A.S. Chawla and revered and learned faculty guide Dr. Liaqat Ali Khan who guided me in this project and was the constant source of reference for me and showed full interest at each and every step of my project.

Varun Dhawan

CONTENTSCHAPTER NO.PARTICULARSPAGE NO.

1INTRODUCTION 1

2PORTFOLIO MANAGEMENT26

3RESEARCH DESIGN31

4DATA ANALYSIS AND INTERPRETATION39

5FINDINGS AND CONCLUSION55

BIBLIOGRAPHY58

ANNEXURE60

LIST OF TABLESTable No.TitlePage No.

Table 4.1Distribution according to nature of respondents39

Table 4.2Preference regarding Time Period of Investment40

Table 4.3Preferred Investment option41

Table 4.4Rate of Return expectation42

Table 4.5Purpose of investment43

Table 4.6Criteria for investment decision44

Table 4.7Demat account45

Table 4.8Market condition for investment

46

Table 4.9Consultation while investing

47

Table 4.10Portfolio management48

Table 4.11Perception regarding portfolio return

49

Table 4.12Managing Portfolio50

Table 4.13Credit rating companies ratings51

Table 4.14Perception regarding evaluation done by credit rating agency

52

Table 4.15Non-financial factors for investment decision53

Table 4.16Mean score Table54

LIST OF FIGURESFigure No.TitlePage No.

Figure 1.1Mutual Fund process7

Figure 2.1Portfolio Management Process29

Figure 4.1Total respondents39

Figure 4.2Preference regarding Time Period of Investment40

Figure 4.3Preferred Investment option41

Figure 4.4Rate of Return expectation42

Figure 4.5Purpose of investment43

Figure 4.6Criteria for investment decision44

Figure 4.7Demat account45

Figure 4.8Market condition for investment

46

Figure 4.9Consultation while investing

47

Figure 4.10Portfolio management48

Figure 4.11Perception regarding portfolio return

49

Figure 4.12Managing Portfolio50

Figure 4.13Credit rating companies ratings51

Figure 4.14Perception regarding evaluation done by credit rating agency

52