SAVINGS BANK ACCOUNT: A BIG OPPORTUNITY. SAVINGS BANK ACCOUNT: A BIG OPPORTUNITY.

Slides:



Advertisements
Similar presentations
Gift Card Program. Introduction Andean Marketing Group envisions a very successful and profitable source of revenue for all new merchants who choose our.
Advertisements

Fixed Income- Basics SBI Mutual Fund Distributor Module.
Section 5.1: Selecting Financial Services and Institutions
The Smart Investor’s Choice.  The Goal of Most Investors it to Buy when the prices are Low, and Sell when the prices are High  Sounds simple, but trying.
To play, start slide show and click on circle Yellow OrangeGreenPurplePink
Cash Or Liquid Asset Management. Financial Institutions Deposit-Type Financial Institutions – Commercial Banks – Savings and Loan Associations – Savings.
PITCH We will provide prepaid payment instruments charging users zero transaction fees thereby reforming banking in India enabling users to “SHOP ANYWHERE.
© 2009 South Western, a division of Cengage Learning 1 Chapter 10:SECURITIES MARKETS Trading Financial Resources.
Financial Literacy Class 2: Net Worth and Banking.
Chapter 4 Money Management Managing Checking and Savings Accounts –Checking and savings accounts are the foundation of financial asset management –Cash.
Types of deposit accounts Saving deposit;- Savings deposit account is meant for individuals who wish to deposit small amounts out of their current income.
MEANING OF MUTUAL FUNDS :- A Mutual Fund is a financial intermediary that pools the savings of investors for collective investments in a diversified portfolio.
Prentice-Hall, Inc.1 Chapter 5 Cash or Liquid Asset Management.
Financials. Profit Model & Resources Needed – Revisited Profit Model = Revenues (i.e., what customers are reasonably willing to pay) – Resources Needed.
Principles of Business and Finance Objective 4.03
BASIC OF MUTUAL FUND. WHAT IS A MUTUAL FUND ? A mutual fund is a pool of money collected from many investors and is collectively managed by an asset management.
© Family Economics & Financial Education – Revised April 2008– Saving Unit – Managing Your Cash Funded by a grant from Take Charge America, Inc. to the.
LIC’s SAMRIDHI PLUS TABLE NO.804.
Equity Funds – Investor willing to undertake risks…offers maximum returns. Debt Funds – Investors who prefer regular income and safety. Gilt Funds - Medium.
MS. MAH PLANNING 10: FINANCES Saving Your Money. By identifying your needs vs. wants you can potentially save your hard earned money by not spending it.
Reasons we save... Emergencies Purchases Wealth building (future)
4.03 Bluff Ted deposits money in a savings plan regularly. The interest he earns on this plan is indicative of how the money.
Mutual Funds A link between the investor and the securities market by mobilizing savings from the investors and investing them in the securities market.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 19 SLIDE Saving and Investment Planning Stock.
1 Mutual Funds Definition: Financial intermediary through which savers pool their monies for collective investment, primarily in publicly trades securities.
Customized Online Investing Solution for our Chairman Circle’s Platinum Members.
© Family Economics & Financial Education – Revised April 2008– Saving Unit – Managing Your Cash Funded by a grant from Take Charge America, Inc. to the.
How to achieve Goals in Life. Let us begin with a little quiz 25 Years What is the Average Age when one starts Earning?
Presenting NJ Trading & Demat Account Presenting Power for Your Investments.
4.03 Review POBF Mary's business has $5,000 to start a savings plan at a local bank. She is comparing the interest rates between a mutual fund and a.
Investment Planning Chapter 11. Investing Placing money in some medium such as stocks, bonds or real estate in the expectation of receiving some future.
Investments First rule: Pay yourself first through saving. What is compound vs. simple interest? Second rule: As you acquire wealth and income learn to.
Do Now: Where do your parents/families bank? Why? Aim: What is the difference between a savings and a checking account?
 Two types of banks – for profit bank and credit unions  Credit unions are local and member owned – not for profit – limited sometimes in services 
What’s Financial Planning?? Financial Planning is the process of successfully meeting the financial needs & aspirations of Life through the proper management.
Banking © 2016 albert-learning.com Banking. © 2016 albert-learning.com Vocabulary  Mortgage: A mortgage is a security interest in real property held.
MUTUAL FUNDS INVESTING IN MUTUAL FUNDS What is a mutual fund?
Savings and Investment Strategies
Investments First rule: Pay yourself first through saving.
ELECTRONIC PAYMENT SYSTEM
CISI – Financial Products, Markets & Services
Portfolio management services
Cash or Liquid Asset Management
Take Charge of Your Finances Family Economics & Financial Education
Why Equity as an Asset Class?
Oklahoma’s Personal Financial Literacy Passport
Real time marketing platform
Cash or Liquid Asset Management
We are dependable and trustworthy knowledge processing partner
What is Tax Saving Fixed Deposit?
Where to Buy Stocks and Bonds
What are Liquid Fund? 0% in Current Account Cash Flows
What is the procedure to Invest in Mutual Funds?
Checking Savings Investments
Savings Plans and Payment Methods
Chapter 4: Deposits in Banks
MUTUAL FUNDS.
How to make the most of what you earn…
Introduction to Saving
Personal Finance Money Markets
Introducing Merchant Services.
In investing, it’s not how much you make,
Numbers In the U.S. Over 11,000 banks
Chapter 6 Banking Transactions.
Investor Platforms.
Banking Chapters 5.
Money & Banking Subtitle.
Investing and Saving Standard 1: Discuss how saving contributes to financial well-being. Standard 3: Evaluate investment alternatives. Standard 4: Describe.
Welcome UTI - SIP.
May 17 & 18 Objectives Reminder Today’s Agenda
Presentation transcript:

SAVINGS BANK ACCOUNT: A BIG OPPORTUNITY

Banking Vs MF Industry Look at the Big Picture BANKING INDUSTRY 40 Crore Bank Account Holders Rs. 100 Lakh Crore Bank Deposits Rs. 26 Lakh Crore in Savings Account MF INDUSTRY 1.5 Crore MF Investors Rs. 15 Lakh Crore AUM Around Rs. 10 Lakh Crore in Debt Funds Why chase the Rs. 10 Lakh Crore AUM when there is twice the amount available in Savings Bank A/c which can be switched to Liquid Funds?

Why’s & Why Not’s? Why Clients are not willing to invest in Liquid Funds? Myth: Mutual Funds means Equity Funds Lot of paperwork involved Instant withdrawal not possible Why Clients prefer Savings Bank A/c? Easy availability of money in emergency Full control over money Why Distributors are not selling Liquid Funds? Lower Revenue Inconveniency due to lot of paperwork Higher Transaction Cost Execution Issues Client’s low interest

: Salient Features : Your New Savings Account Facility offered for Reliance Money Manager Fund Currently, only Resident Individual or Minor are eligible Redeem in just 30 minutes, 24x7 and 365 days Redeem maximum upto Rs. 2 Lacs per day including multiple transactions Redeem upto 95% of the Current Value Redeem upto 50% of the Current Value if you are availing Reliance ATM Card Investor’s bank should be Immediate Payment Service (IMPS) enabled & folio should contain the IFSC Code

Selling liquid funds is more relevant now Why Distributors should start marketing facility now? It’s Paperless – Invest with just a few clicks at FundzBazar Online Platform - No Execution Cost, No Transaction delays With InstaFundz, redeem within 30 minutes, 24x7 and 365 days No Competition - Rs. 26 Lakh Crore Savings Deposits Untapped Large Bank Customer Base – 40 Crore Bank A/c Holders Vs. 1.5 Crore MF Investors

Investing in liquid funds is more relevant now Why Clients should start investing in Liquid Funds now? 7%-8% returns compared to 4% given by Savings Bank A/c More tax efficient than Savings Bank A/c Easy Investing with just a few clicks at FundzBazar Easy Redemption with InstaFundz in just 30 minutes, 24x7 and 365 days Total Control over money

Returns: Liquid Funds Vs. Savings Bank A/c 1-year rolling returns of liquid funds versus savings deposit Source: Liquid Funds-A Recipe for Safety, Liquidity & Returns, Mirae Asset Knowledge Academy Liquid Funds’ returns have never been below Savings deposits rate

A Win-Win Proposition for Distributors and Clients