Internship Presentation Mehnaz[1]

8/20/2019 Internship Presentation Mehnaz[1]

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Kotak Mahindra

otak Mahindra

Old Mutual Lifeld Mutual Life

Insurance Ltd

nsurance Ltd


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Flow

Company Profile

History

Old Mutual Plc

Organisation Structure

Products

Major Competitors

SWOT

Financials

Projects


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Company Profile

76 : 24 Joint Venture between Kotak Mahindra Bank Ltd.& Old Mutual plc.

Kotak Life Insurance aims to help its customers takeimportant decisions at every stage in life

Management


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TradeTrade

FinanceFinance

1985 1986 1990 1991 1992 1995 1997 1998 2001 2002

CorporateCorporate

FinanceFinance

Car Car

FinanceFinance

InvestmentInvestment

BankingBanking

BrokerageBrokerage

& Distbn& Distbn

CommercialCommercial

VehiclesVehicles

Consumer Consumer

FinanceFinance

MutualMutual

FundsFunds

LifeLife

InsuranceInsurance

GoldmanGoldmanSachsSachs

Year of Introduc tion

FordFordCreditCredit

OldOldMutualMutual

BankBank• A full-rangeof Financial Products

• Oneof thefastest growth of businesses in

financial services

• Market leader in Broking, Car-finance&

Investment Banking

• A full-rangeof Financial Products

• Oneof thefastest growth of businesses in

financial services

• Market leader in Broking, Car-finance&

Investment Banking

2003

For the first time in thehistory of India, the RBI has

granted a banking license to an

NBFC – Kotak Mahindra!!!The Bank began operations in

Mar 2003.

The History of the Kotak Group


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Over 160 years’experience in Life Insurance

Base of over 3.8 million life assurance policyholders

A FTSE 100 financial services group, and ranks as a Fortune Global500 company.

3rdLargest insurer listed on London Stock Exchange

Present in South Africa, Zimbabwe, UK and US across life insurance,general insurance, mutual fund , banking , wealth management and stockbroking businesses

The Old Mutual group manages in excess of $250 billion in fundsi.e. atotal asset-base of more than Rs 13 lakh crore

Old Mutual plc.


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Organization Structure


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Organization Structure

Managing Director(Mr. Gaurang Shah)

VP-Sales & Mgt.Dev

(Mr.Arun Patil)

CFO & COO

(Mr. G Murlidhar)

Sales Head Mkt HeadHR-Admin

HeadAppointedActuary

CIO


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Products

Individuals : 15 Products & 6 Riders

Group : 6 Products

Rural : 1 Product

Fast Selling Products : KSIP , KFLexi , KRIP


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Major Competitors

ICICI Prudential Life Insurance

SBI Life Insurance

Life Insurance Corporation of India

Allianz Bajaj Life Insurance

Max New York Life Insurance

Etc.


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SWOTOpportunities

Stability through increased Brand Awareness, Market Penetrationand Service Offerings.

Increase in Customer Wallet Share

Leverage in the Latest Tech. For providing quality & client centricservice

Growth in economy would lead to higher demand for credit


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SWOT

Threats

Increasing Interest Rate Scenario

Execution Risk

Competition fromLocal & Multinational Players

Rising Inflation could reduce savings & Investments

Rising Crude Oil Prices


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Financials

4 0

9 5

19 3

3 51

2 003 200 4 200 5 2 00 6

Years

First Year Life Insura nce Prem ium (Rs crore)

TheCAGR ( Compound Annual Growth Rate) for 4 years is 106%.

Thepremiumin year 2006 went up by 81.86% morethan of 2005.


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Share Capital

Authorized Share Capital

Issued Capital

Subscribes Capital

Called up Capital

2006 2005

2,600,000 2,120,000

2,445,835 2,117,606

2,445,835 2,117,606

2,445,835 2,117,606


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Project

How does the Indian mutual fund industry comparevis– a – visglobal standardsand what should be our future expectations fromit ?

Current Scenario : AUM in developed countries ranges from30-60% of GDP. Incase of India its 8%.

Penetration : India -6.7%US -50%UK -17%


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Project

Comparison of Indian Mutual Fund Industry with Global Standards

Types of Products

Regulation

Risk Management Techniques

Governance


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Project

Future Expectations fromIndian Mutual Fund Industry

Increased Penetration

Increased Emphasis on Retail Investors through Supply Chain Innovations

Diverse Range of Products

Increase in the need for Financial Advice


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ProjectRecommendations

Steps to be taken by SEBI :

Increase Accountability among Different Players

Develop of AMFI & SROs

Regulating Corporate Investments

Investor Education Programs


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ProjectRecommendations

Steps to be taken by AMCs :

Make MF documents more comprehensible

Make disclosures regarding MF expenses more transparent

Make fund managers accountable to unit holders


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References

JournalsKlapper, Sulla, Vittas : ‘Thedevelopment of mutual funds aroundtheworld’, Emerging Markets Review.

Khorana, Servaes, Tufano ‘Explaining thesizeof mutual fund industry around theworld’, Journal of Financial Economics.

Books & ReportsBansal, ‘Mutual funds – Management and working’, Deep and Deep (1998), New Delhi.Report on Reformof Mutual Funds in India, Cadogan Financial in association withA F Ferguson & Co.Report on Reformof Mutual Funds in India, Cadogan Financial in associationwith A F Ferguso Technical Assistanceto India for reformof theMF industry -ADB


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References

www.sebi.gov.in

www.amfindia.com

www.pwc.com

www.kotak.com

www.kotaklifeinsurance.com

www.wikipedia.org


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Thank You!!!

Documents

Internship Presentation Mehnaz[1]