A report on SUMMER INTERNSHIP PROJECT Carried out at

On INVESTOR PERCEPTION ON COMMODITY FUTURE

Submitted to Gujarat Technological University

Prepared by: KRUNAL K. NATHANI

ENROLLMENT NO: 107440592069

Guided by: Ms. NISHA CHOKSI (LECTURER)

COMPANY PROFILE With over two decades of expertise and reputed position in Financial Services, PUSHPAK is one of the leading stock broking company from Bhavnagar, Gujarat. PUSHPAK was established in 1988, over the years they have built a reputation by providing various products & services to our esteemed customers. Their Services include Equity, Commodities, Derivatives, Currency Trading, IPO, Depository Services etc. Their business are mainly divided into three verticals. PUSHPAK Securities, Commodity Broking & Finstock.

COMPANY PROFILE Name: Company: Address: City: State: Country: Zip: Telephone Number : Board: Equity: Commodity: Fax Email Address : Website: Amit shah BOLD (PUSHPAK THE WEALTH CREATER) 2130-A/2, VRAJRAJ , 3rd Floor, Near Reliance Super Market, Atabhai Road Bhavnagar Gujarat INDIA 364001 0278-3003170 to 75 , 0278-2560283 (A/C) 0278-3297700 (A/C) 9377100638 0278-2471552 info@PUSHPAKsecurities.com http://www.PUSHPAKsecurities.com

literature review
GUIDELINES BY THE RBI PERTAINING TO COMMODITY FUTURE TRADING SECURITIES AND EXCHANGE BOARD OF INDIA

 A brief description of the hedging  Participation of Securities strategy proposed Brokers in Commodity Futures Market  The risk management policy approved  Risk containment measures by the Board of Directors covering  Utilization of existing  Any other relevant information infrastructure of stock exchanges

RESEARCH
Problem of study:-

Investors perception on commodity future Objective of study Source of study Collection method used Limitation of study

Findings
 I found that 80% of the respondents were male It can be seen that 52% of the respondents were in the age group of 20-30 years, 24% were in the age group of 30-40 years  40% & 56% were in the income group of bellow rs.4lakh & rs. 4 to 10 lacks respectively  60% of the respondents were in the Graduate group, 36% were in the post graduate group  92% of the respondents have invested in commodity futures

Findings
 72% of the people invested in other securities  out of the respondents who have invested in other securities, 35% of them have invested in shares, 20% Mutual funds, 15% in real estate  52% of the respondents have good experience with previous investment, 36% of the respondents have bad experience with investment in previous time  24% of them trade everyday, 64% traded only when there is good price

Findings
 24% of them had invested Rs. 2 lack, 48% of them had invested between Rs. 2-3 lack, 24% had invested between Rs. 3-5 lack  28% investor invest in wheat, 22% investor invest in cotton, 28% investor invest in coffee, and 22% investor invest in corn. 44% of the investors have invested between 20-30% of their savings in commodity futures, 32% of them have invested between 10-20% of their savings  60% of the investors got to know about commodity futures through their friends/family, 24% of the investors got to know through self-research

Findings
 32% of them have invested with the objective a less risky investment, 36% of them invested with the objective of diversifying hid portfolio and 24% of them due to the expectation of very good returns Techniques of risk management are switching, average, locking and cut loss with 12%,18%,48% and12% respectively  76% of the investors feel that the facility fee charged by their company is reasonable, 20% of them feel that the facility fee charged by their company is high 68% of the investors feel that they got good returns from commodity futures trading, 24% of them feel that they got reasonable returns commodity futures

Findings
 88% of the investors feel that risk can be reduced through commodity futures  92% of the investors feel that commodity futures is a good investment opportunity

CONCLUSION
The prime objective of this study is to attempt to prove that commodity futures can be efficiently used to reduce risks of a person who is directly involved with the trading of the commodity. Another objective was to prove that it was a sound investment opportunity. Commodity futures trading included the intermediary and trading participants likes brokers who make use of the various technical analysis tools in order to make predictions of the price movements they also take into consideration the fundamental analysis. Thus with the help of the various analysis tools, efficient price predictions can be made, where the investors in commodity futures can benefit from the price movements. There was also an objective to analyze the growth of commodity future. From the analysis, it can be

CONCLUSION
Commodity futures trading is experiencing tremendous growth. This can be emphasized by the fact that there has been an increasing trend in the volume traded in most of the commodities. Thus, commodity futures are a growing market. To find out the investors perception towards commodity futures, questionnaire survey was conducted, where in various parameters were taken into consideration. From the questionnaire, it could be concluded that most of the respondents felt that risk could be reduced through commodity futures and that it was a sound investment opportunity.

BIBLIOGRAPHY
BOOKS: Research Methodology, New Age International Pvt. Ltd. -By C.R.Kothari M.T.Khan & P.K.Jain Financial Management Text, Problems & Cases, Tata Mcgraw Hill, 4th Edition. WEBSITE: www.pushpaksecurities.com www.nseINDIA.com rddddwww.neINDIA.com www.bseINDIA.com www.bseww.omega-elevators.com www.wikipedia.org www.google.com

Real function of office work. Team work and co-ordination. How to do Analysis financial statement. How commodity future is actually works. How RBI & SEBI regulating commodities How SIP is important for the practice of future corporate world.

Thank you
NAME :- NATHANI KRUNAL K.

ENROLLMENT NO. :- 107440592069

College :- R.K. College of Business and Management

EMAIL ID :- KRUNALNATHANI@GMAIL.COM