PROJECT ON

“RURAL INSURANCE”

BACHELOR OF COMMERCE
BANKING & INSURANCE
SEMESTER VI

(2009-2010)

Submitted by:

MR. VISHAL P. PAGADE

T.Y.B.B&I - 16

SMT. JANAKIBAI RAMA SALVI DEGREE COLLEGE OF

ARTS, COMMERCE & SCIENCE

KALWA(W), THANE - 400605

 DECLARATION

I, Mr.VISHAL P. PAGADE of S.J.R.S College of Management studies of

BB&I (Sem. 6th ) have completed the project on “RURAL INSURANCE” in

year 2009-2010.

The information submitted is true and original to the best of my knowledge.

VISHAL P. PAGADE

Date: Signature of the student

Place: Mumbai
 CERTIFICATE

I Prof. Mr. A. BHATTACHARYA, hereby certify that Mr. VISHAL P.

PAGADE , of S.J.R.S. College of Management Studies has completed

the project on “RURAL INSURANCE” in the academic year 2009-2010.

The information submitted is true and original to the best of his/her

knowledge.

__________________

Signature of

Project coordinator

____________
____

Signature of

Course coordinator

________________

Director
 ACKNOWLEDGEMENT

During The Perseverance Of This Project, I Was Supported By Different People, Whose Names
If Not Mentioned Would Be Inconsiderate On My Part. I would like to Extend My Sincere
Gratitude and Appreciation to Prof. Mr. A. BHATTACHARYA
Who Initiated Me into the Study of “RURAL INSURANCE”

It Has Indeed Been A Great Experience Working Under Her During The Course Of The Project
For Her Invaluable Advice And Guidance Provided Through Out This Project. I Also Owe My
Sincere Gratitude To Dr. RAJKUMAR KOLHE Principal Of Our College.

I Would Also Like To Thank The Following People Who Through Their Experience Have
Enlightened Me On The Practical Aspects Of This Subject Without Whom The Study Would
Not Have Been Carried Out Successfully.
1.Prof. Mrs. JAYSHREE. BHATIA
2.Prof. Mr. A. BHATTACHARYA
3.Prof. Mrs. Pallavi. Mane.
I Would Also Like To Give My Sincere Gratitude To All My College Librarian Staff Because Of
Whom I Am Able To Complete My Dream Project
23

Contents
MUTUAL FUNDS
 Definition
 History 3
 Usage 4
 Net asset value 5
 Average Annual Return 7
 Turnover 8
 Expenses and TER's 9
 Types of mutual funds 11
 Brode mutual funds types 16
 Mutual funds vs. other investments 27

INDEX
Sr. no. TOPIC Page no.

RURAL INSURANCE

1. INTRODUCTION TO RURAL INSURANCE 1

2. OBJECTIVE OF THE STUDY 3

3. DEFINATION OF RURAL INSURANCE 5

4. BENEFITS & ADVANTAGES OF RURAL INSURANCE 6

5. RIVIEW OF RURAL INSURANCE 11

6. ISSUES RELATED TO RURAL INSURANCE 15

7. NEED OF RURAL INSURANCE 18

8. RURAL INSURANCE SCHEMES 19

9. PROGRESS OF PERFORMANCE OF RURAL INSURANCE 25

10. GLOBAL PICTURE OF RURAL INSURANCE 28

11. CONCLUSION & POLICY SUGGESSION 34