Seal of Good Local Governance (SGLG) 2024Final.pptx
PRIYADARSHINI (21COMF21) Internship report.pdf
1. INTERNSHIP REPORT OF FABITS PRIVATE LIMITED
Submitting in partial fulfilment of the requirements
for the Award of the Degree of
BACHELOR OF COMMERCE
By
PRIYA DARSHINI.D
21COMF21
Under the Guidance of
Dr.P.KUMARASAMY
KRISTU JAYANTI COLLEGE (AUTONOMOUS)
K. NARAYANPURA, KOTHANUR POST,
BANGALORE - 560077
2023 – 2024
2. KRISTU JAYANTI COLLEGE (AUTONOMOUS)
CERTIFICATE FROM GUIDE
This is to certify that this internship work in FABITS PRIVATE LIMITED is based on an
original study conducted by PRIYA DARSHINI.D (21COMF21) of V Semester B.Com
under my guidance.
This internship work has not formed the basis for the award of any degree/ diploma by
Bangalore North University or any other university.
Place: BANGALORE
Date: Name of the Guide:
Dr.P.Kumarasamy
3. KRISTU JAYANTI COLLEGE (AUTONOMOUS)
CERTIFICATE FROM INSTITUTION
This is to certify that this internship work in FABITS PRIVATE LIMITED is based on an
original study conducted by PRIYA DARSHINI.D (21COMF21) of V Semester B.Com
under the guidance of
Dr.P.Kumarasamy
This internship work is based on original and has not formed the basis for the award of any
degree/diploma by Bangalore North University or any other University.
Head of the Department
Place: BANGALORE
Date:
4. DECLARATION FROM CANDIDATE
I PRIYA DARSHINI.D hereby declare that this internship work in FABITS PRIVATE
LIMITED UNDER THE DEPARTMENT OF FINANCE is based on the original study
conducted by me under the guidance of Dr.P.Kumarasamy
This has not been submitted earlier for the award of any other degree/diploma from
Bangalore North University or any other University.
Place:BANGALORE
Date:
Student’s Name:
PRIYA DARSHINI
Reg. No:21COMF21
7. 1
CHAPTER NO: 01
INTRODUCTION
Fabits stands for „Financial Habits.‟
They quote saying,
“People do not decide their future, they decide their habits and their habits decide their
future.”
-F.M. Alexander
They truly believe in this quote. Their aim is to help people build simple and effortless
financial habits that sets them on a journey towards financial freedom – giving them
wings to pursue their dreams and passion to fulfil their goals.
“YOUR NEXT GOOD HABIT IS IN THE MAKING HERE”
Fabits is a goal-based investment platform that enables users to begin their financial
investment journey in an effortless manner. Fabits is designed for beginners and anyone
keen on investing toward their long-term goals. In the same way that our everyday habits
8. 2
like fitness, healthy eating and more help us live better, more organized lives, Fabits is on
a mission to help people get started on their journey to financial freedom; be it for their
retirement goals, to take the family abroad on a vacation or to save towards purchasing a
home. And it‟s not just getting you started on the journey but hand-holding you all the
way through our investment experts and AI-enabled platform. With our Smart Investment
Boxes that are tailor-made to an individual‟s unique and specific needs and goals, we
hope to make the path to financial freedom and wealth creation easy, effective and
accessible for everyone.
Fabits is committed to ensuring that everyone has access to better financial planning and
investing with expert advice. With the help of technology, we offer personalised
portfolios to help you meet your specific needs, all at attractive price points.
Personalised for you:
All you need to do is tell us your life goals, and we will create a personalized investment
portfolio to help you attain them. Whether you want to design your dream retirement
plan, buy a home, secure your kids, education, or get your hands on the new iPhone,
we‟ve got you covered. We are committed to powering your dream, no matter how big,
through smart investments, no matter how small.
Optimised for stable and consistent returns:
Our Smart Investment Boxes have been designed by experts with over 30 years of wealth
management experience. These portfolios are regularly reviewed to ensure that you are
poised to benefit from the next major upswing in the market.
With Fabits, you can enjoy the following benefits;
• Expect Guidance
• Start as low as Rs.50
• Instant and Secure Transaction Smart Financial Planning Tools
• Personalised Investment Solutions.
9. 3
CHAPTER NO: 02
INDUSTRY PROFILE
It acts as a free financial planner to set your goals and create plans to fund it.
It supercharge your journey to financial freedom. Fabits is not just about finance! Fabits
wants to be more than just numbers and money. We want to drive fabulous habits of all
kinds – fitness, food and mind.
The „I‟ in Fabits represents the individual – You! We want to make this journey
personal, and centered around what matters to you, so that it caters to your goals and
needs which makes for a life well planned. It also provides,
• Investment decision effortlessly.
• Advanced Driver Assitance System for your investment journey.
• Smart Investment Boxes [SIBs].
• Free financial planner to set your goals and create plans to fund it.
And it helps you to analize the needs of funds and the proper platform to invest the funds
in, and they also help you in your financial journey. At Fabits they ensure that they
simplify and add a bit of fun to investments with the help of tech and AL they are
bringing it to a wider audience.
Our aim is to help you to,
1. Define and identify your goals (such as buying a bike, saving for marriage, retirement
etc.) This will give you a clear purpose for your money and investments.
2. Prioritise defined goals Fabits is a brand name owned by SHAREWAY Securities
Pvt Ltd. Which is a SEBI registered member of NSE and CDSL. The Securities and
Exchange Board of India.
SHAREWAY Securities Limited is a Public incorporated on 24 March 2008. It is
classified as Nongovernment company and is registered at Registrar of Companies,
10. 4
Chennai. Its authorized share capital is Rs.100,000,000 and its paid up capital is
Rs.98,410,280. It is involved in activities auxiliary to financial intermediation, except
insurance and pension funding.[This Group includes activities involved in or closely
related to financial inter-mediation other than insurance and pension funding but not
themselves involving financial inter-mediation].
SHAREWAY Securities Limited's Annual General Meeting (AGM) was last held on 30
September 2022 and as per records from Ministry of Corporate Affairs (MCA), its
balance sheet was last filed on 31 March 2022.
Directors of SHAREWAY Securities Limited are Janardhanam Sethuraman, Kabirdass
Murali, Dharmaraj Hariharaputhran, Kavitha Jayaram, Murali Hari Priya, Jayaprakash
Pai Muniyal, .
SHAREWAY Securities Limited's Corporate Identification Number is (CIN)
U67120TN2008PLC066952 and its registration number is 66952.Its Email address is
dharma@fabits.com and its registered address is L Block, 46 Anna Nagar East Chennai
Chennai TN 600102 IN .
SHAREWAY Securities Limited has introduced the concept Investment boxes to choose
in various schemes for the first time in India. Our focus is on helping Investor stay
invested and gain out of the capital markets ahead of the rest of the pack by offering
innovative solutions to the problems that exist in the trading domain.
We decided to create SHAREWAY Securities Limited based on an in-depth
understanding of how the odds are always stacked against active traders in the financial
markets. A study conducted by us revealed that almost 90% of active traders in the
markets lose money in the long run. One of the fundamental drivers that define this
reality is the fact that brokerages in India have always charged traders a percentage
brokerage, regardless of if one makes or loses money on a particular trade. This insight
inspired us to create a whole new way of trading.
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Pricing at FABIT
Fabits is committed to ensuring everyone has access to better financial planning and
investing with expert access. With the help of technology, we provide better
personalization to meet your specific needs at low and attractive price structures.
Planning Tools
Unlimited free access to financial planning tool. Take advantage of this and plan your
finances better (even if you are investing elsewhere).
Brokerage Fees
Flat 30 or 2% (whichever lower) for equity trades.
Smart Investment Boxes
Access to our curated Smart Investment Boxes build by experts and driven by AI Tech!
Notes on Charges
1. Securities Transaction Tax (STT)/Commodities Transaction Tax (CTT)
STT is the tax levied by the Government when transacting on the securities market
through any of the stock exchanges. It is levied on both “Buy” and “Sell” side when
trading results in delivery and only on sell side when trading does not result in Delivery
(like intraday or in F&O). Trading in the currency segment is exempt from STT.
2. Exchange Transaction Charges
These charges are levied by Exchanges on the traded volume of the customer. This is
generally specified in terms of Rupees per Crore of Turnover. The charge includes:
Exchange transaction charges + Clearing Member charges charged by exchanges (NSE,
BSE, MCX) and Clearing members.
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3. GST
Tax levied by the government on the services rendered is calculated presently @
18% on brokerage, transaction charges and any other charges for services rendered
by the broker or the exchange.
4. SEBI Charges
The SEBI charges are calculated presently @ Rs.10/ 1 crore (w.e.f. 01.06.2021)
for both equity and commodity trades on the traded volume of the customer in all
segments.
Detailed Charges
DP transaction charge for market trades Rs.15+ GST per scrip (for any value)
will be debited for all sell side transaction only.
For mutual fund: Rs.15 + GST per folio (for any value) will be debited to
DEMAT redemption
DP transaction charge for Off Market Trades: 0.3% on the value of stocks,
subject to maximum of Rs.30000/- + GST per scrip (for any value) will be
debited.
As per governemt notification w.e.f. 1st
July 2020, all off market transaction in
DEMAT account would be subject to stamp duty charges on upfront basis
@0.015% of the consideration value
Additional AMC on Investment Box
Nil charges up to 3lacs of INR holding value in investment boxes
Rs.99/- per month +GST (from 3 lac INR holding value up to 10 lac INR
holding value in investment boxes)
Rs.199/- per month + GST (from 10 lac INR holding value up to 50 lac INR
holding value in investment boxes)
Rs.299/- per month +GST (for INR holding value above 50 lac in investment
boxes)
13. 7
Funds
System of Pay in and Pay out of funds:
Pay in: Clients can transfer funds into the trading account only from such bank accounts
which are registered with SHAREWAY Securities Ltd. Any transfer from a non-
registered account will not be considered and the client does not get any trading limit
credit for such transfers.
The client can transfer funds from the instant payment gateway facility available on the
trading platform or on the Backoffice. Such transfers will be charged at $9+ GST per
transfer.
If a client chooses to transfer using NEFT or by means of a cheque, there will be no cost.
If the client transfers funds via cheque, the details of the transfer along with a copy of the
cheque should be made available to SHAREWAY Securities Ltd for the credit to be
updated on the trading account.
Pay-out windows are closed on Saturday and Sunday – this means if you place a request
on Saturday or Sunday or after 8:30 pm on Friday, it will be honoured only on Monday
Margins of fabits
Client Funding: SHAREWAY Securities Ltd does not engage in the business of Client
Funding. Client are required to have sufficient balance in their accounts to hold/carry
forward position.
NSE Equity: SHAREWAY Securities Ltd has a policy of giving up to 20 times exposure
on a broad spectrum of stocks; no margin is given for delivery trades. The client needs to
have enough money in his trading account to take delivery of shares failing which
SHAREWAY Securities Ltd can cut the position
Cover Orders: Currently available for NSE Equity, typically the margin benefit under this
is higher relative to MIS positions.
If any intraday position or an MIS trade is not squared off on the same day due to any
link or system failure or any risks associated with internet/ wireless-based trading which
may occur at the end of the client SHAREWAY Securities Limited or the respective
14. 8
exchange, it shall be treated as a Cash and Carry (CNC) or NRML position and carried
forward to the next trading day. In case of such a situation arising, the onus of squaring
off the position will be on the client. Our RMS desk shall square off any such position,
without the requirement of a margin call, if the necessary cash is not available in the
client‟s account.
SHAREWA Securities Limited PMLA Policy.
Anti-Money Laundering Measures.
• Background
The Prevention of Money Laundering Act 2002 came into effect from 1st
July 2005.
Necessary notifications/rules under the said Act were published in the Gazette of India on
1st
July 2005 by the Department of Revenue, Ministry of Finance, and Government of
India.
SEBI vide circulated dated 18th
January 2006 required Market intermediaries to lay down
policy framework for anti-money laundering measures to be followed. SHAREWAY
Securities Ltd being a Stockbroker needs to adhere to the same. SEBI has also issued a
Master circular dated 19th
December 2008, which consolidates all the
requirements/obligations issued with regard to AML/CFT until December 15 2008.
• Objective
Money laundering has now become one of the major concerns of international financial
community. Money laundering is not just an attempt to disguise money derived from
illegal activities. Rather, money laundering is involvement in any transaction or series of
transaction that seek to conceal or disguise the nature or source pf proceeds derived from
illegal activities, including drug trafficking, terrorism, organised crime, fraud, and many
other crimes.
The objective is to have a system in place for preventing any money laundering financial
transaction through us and also to identify, monitor, report any such transaction to
appropriate authorities.
15. 9
“Know Your Customer (KYC)” is the guiding principle behind the Anti-Money
Laundering (AML) measures.
It incorporates the “Know Your Customer” standards and “Anti Money Laundering”
measures hereinafter to be referred as “KYC Standards” and “AML Measures”. The
objective of is to have in place adequate policies, practices and procedures that promotes
high ethical and professional standards and prevent the company from being used,
intentionally or unintentionally ,by criminal elements. “KYC Standards and AML
Measures would enable the company to know understand its customers, the beneficial
owners. The principals behind customers who are acting as agents and their financial
dealings better which in turn will help the company to manage its risks prudently.
The management of the company is fully committed to establish appropriate policies and
procedures for ensuring effectiveness and compliance with respect to all relevant legal
requirements.
• The Regulatory/ Statutory Requirements.
An officer of the company will be designated as “Principal Officer” who will ensure
proper discharge of all legal requirements with respect to the same Mr. Jinto VT ,
Compliance Head is the Principal Officer responsible for
• Compliance of the provisions of the PMLA and AML guidelines
• Act as a central reference point and play and active role in identification &
assessment of potential suspicious transactions
• Ensure that SHAREWAY Securities Limited discharges its legal obligation to report
suspicious transactions to concerned authorities.
The main aspect of this policy is the customer due diligence process which means:
• Obtaining sufficient information about to the client in order to identify who is the
actual beneficial owner of the securities or on whose behalf transaction is
conducted
• Verify the customers identity using reliable independent source document, data or
information
16. 10
• Conduct on-going due diligence and scrutiny of the account/ client to ensure that
the transaction conducted are consistent with the clients‟ background/ financial
status, its activities and risk profile.
The customer due diligence process includes three specific parameters:
• Policy for acceptance of clients: Each client should be met in person Complete
KYC to be done for all clients No account to be opened in a fictitious/benami
name or on an anonymous basis
• Clients Identification Procedure (Risk profiling) All clients to be classified as per
the risk into 3 categories Low, Medium and High Risk
• Suspicious Transaction identification and reporting Any unusual activity
compared to past transactions Sudden activity in Dormant accounts Sudden High
volume / high value transactions
• Central Depository Securities Limited (CDSL) communique no.
CDSL/OPS/DP/POLCY/2017/176 dated April 05, 2017, and
CDSL/OPS/DP/POLCY/2017/354 dated July 18, 2017, advises that the Beneficial
Owners should submit/update their AADHAR Card copy with the Depository
Participant. Please ensure that you update your AADHAR Number with
SHAREWAY Securities Limited as per the mentioned notices.
FABITS Online Account Opening
Online account opening using AADHAAR is currently available only for residents of
India opening accounts for an individual (HUFs, corporate bodies, NRIs, etc., not
eligible).
When opening an account online using AADHAAR, data will be fetched from the KYC
database and cannot be edited.
Pick up of required documents related to the account opening procedure is subject to
availability of our representatives, given at any particular time and location.
Trading, Settlement, and Accounts
17. 11
The client agrees that all orders placed through the website shall be forwarded by the
system to the
Exchange. All orders placed otherwise than through the website shall be forwarded by the
system to
Exchange terminals or any other order execution mechanism at the discretion of
SHAREWAY Securities Ltd. In the event that the order is placed during the trading
hours, it shall be routed to and executed on the market system.
Online confirmation will be sent to the client by electronic mail or SMS after the
execution of the order, trade and this shall be deemed to be valid delivery thereof by
SHAREWA Securities Ltd. It shall be the responsibility of the client to review
immediately upon receipt, whether delivered to him by electronic mail or any other
electronic means all confirmations of order, transactions, or cancellations. It shall be the
responsibility of the client to follow up with SHAREWAY Securities Ltd for all such
confirmations that are not received by him within a stipulated time.
The client shall bring any errors in any report, confirmation or contract note of executed
trading to
SHAREWAY Securities Limited‟s notice in writing by an electronic mail or fax within
twenty-four hours of receipt of the concerned report, confirmation or contract note. Any
other discrepancy in the confirmation or account shall be notified by the client to
SHAREWAY Securities Ltd in writing via electronic mail or fax within twenty-four
hours from the time of receipt of the first notice. In all cases, SHAREWAY Securities
Ltd shall have a right to accept or reject the client‟s objection.
There may be a delay in SHAREWAY Securities Ltd receiving the reports of transaction,
status, from the respective exchanges or other persons in respect of or in connection with
which SHAREWA Securities Ltd has entered into contracts or transactions on behalf of
the clients. Accordingly, SHAREWA Securities Ltd may forward to the client late reports
in respect of such transactions that were previously unreported to him as been expired,
cancelled or executed. The client shall not hold SHAREWA Securities Ltd responsible
18. 12
for any losses suffered by the client on account of any late reports, statements or any
errors in the report / statements computed by or received from any exchange.
The client agrees that if, for any circumstance or for any reason, the markets close before
the acceptance of the Order by the Exchange, the order may be rejected. The client agrees
further, that SHAREWAY
Securities Ltd may reject Orders if the same are rejected by the Exchange for any reason.
In case of rejection of an order due to rejection by the Exchange, the client agrees that the
order shall remain declined and shall not be re-processed, in any event.
SHAREWAY Securities Ltd may, at its sole discretion, reject any order placed on the
website or in any other manner due to any reason, including but not limited to the non-
availability of funds in the trading account of the client, non-availability of securities in
the demat account of the client with a designated depository participant, insufficiency of
margin amount if the client opts for margin trading, suspension of scrip- specific trading
activities by or on an Exchange and the applicability of circuit breaker to a scrip in which
orders are placed.
The client agrees that, if the order is not accepted on the website for any reason,
SHAREWAY Securities Ltd shall have the right to treat the order as having lapsed.
The client is aware that the electronic trading systems either at the Exchange or in the
office of
SHAREWAY Securities Ltd offices are vulnerable to temporary disruptions, breakdowns,
or failures. In the event of non- execution of trade orders or trade cancellation due to the
happening of such events or vulnerabilities due to failure / disruption / breakdown of
system or link, SHAREWAY Securities Ltd shall be entitled to cancel relative request
with the client and shall not be liable to execute the desired transactions of the client‟s. In
such event, SHAREWAY Securities Ltd does not accept responsibility for any losses
incurred / that may be incurred by the client due to such eventualities which are beyond
the control of SHAREWA Securities Ltd.
19. 13
SHAREWAY Securities Ltd may at its sole discretion permit execution of orders in
respect of securities, irrespective of the amount in the balance of the account of the client.
The client agrees to abide with and be bound by all the rules, regulations and bye-laws of
exchange as are in force pertaining to the transactions on his behalf carried out by
SHAREWAY Securities Ltd and the orders placed by him on the website or any other
manner.
SHAREWAY Securities Ltd shall not be responsible for any order, that is made by the
client by mistake and every order that is entered by the client through the use of the
allotted username and the security code(s) shall be deemed to be a valid order for which
the client shall be fully responsible.
Cancellation or modification of an order pursuant to the client‟s request in that behalf is
not guaranteed. The order will be cancelled or modified only if the client‟s request for
cancellation and modification is received and the order is successfully cancelled or
modified before it is executed. Market orders are subject to immediate execution
wherever possible.
The client shall not be entitled to presume an order having been executed, cancelled or
modified until a confirmation from SHAREWAY Securities Ltd is received by the client.
However, due to technical other factors the confirmation may not be immediately
transmitted to or received by the client and such a delay shall not entitle the client to
presume that the order has not been executed cancelled or modified unless and until
SHAREWA Securities Ltd has so confirmed in writing.
The pending orders shall be governed as per the exchange systems, after the market is
closed for the day.
SHAREWA Securities Ltd shall issue contract notes in terms of the SEBI (Brokers and
Sub-Brokers) Rules and Regulations, 1992, within 24 hours of the execution of the trade.
20. 14
Such a contract notes, if issued in physical form shall be dispatched by SHAREWAY
Securities Ltd by courier, at the address mentioned in this agreement or at any other
address expressly informed to SHAREWAY Securities Ltd by the client. The client
agrees that SHAREWA Securities Ltd to issue the contract note in digital form which
shall be sent by way of electronic mail to the address provided by the client.
SHAREWAY Securities Ltd shall not be responsible for the non-receipt of the trade
confirmation due to any change in the correspondence address of the client not intimated
to SHAREWA Securities Ltd in writing. Client is aware that it is his responsibility to
review the trade confirmations, the contract notes, the bills, or statements of account
immediately upon their receipt. All such confirmations and statements shall be deemed to
have been accepted as correct if the client does not object in writing to any of the
contents of such trade confirmation/intimation within 24 hours to SHAREWAY
Securities Ltd.
SHAREWA Securities Ltd may allow/disallow client from trading in any security or class
of securities, or derivatives contracts and impose such conditions including scrip-wise
conditional trading for trading as it may deem fit from time to time.
Margin of fabits
The client agrees and undertakes to immediately deposit with SHAREWA Securities Ltd
such cash, securities, or other acceptable security, which SHAREWA Securities Ltd may
require as margin. The client agrees that SHAREWAY Securities Ltd shall be entitled to
require the client to deposit with SHAREWAY Securities Ltd a higher margin than that
prescribed by the exchange.
The Margin will not be interest bearing. SHAREWAY Securities Ltd shall have, at its
sole discretion, the irrevocable right to set off a part or whole of the Margin i.e., by the
way of appropriating of the relevant amount of cash or by sale or transfer of all or some
of the Securities which form part of the Margin, against any dues of the client or of a
member of the group of the client (for the purposes of these Terms, “Group” shall mean
all the individuals, group companies, firms, entities and the persons as specified in the
schedule to the Member client Agreement) in the event of the failure of the client or a
21. 15
member of the Group of the client to meet any of their respective obligations under these
Terms.
The client agrees and authorises SHAREWAY Securities Ltd to determine the market
value of securities placed as margin after applying a haircut that SHAREWAY Securities
Ltd may deem appropriate. The client undertakes to monitor the market value of such
securities on a continuous basis. The client further undertakes to replenish any shortfall in
the value of the margin consequents to a fall in the market value of such securities placed
as margin immediately whether or not SHAREWAY Securities Ltd intimates such
shortfall.
SHAREWAY Securities Ltd may at its sole discretion prescribe the payment of Margin
in the form of cash instead of or in addition to margin in form of securities. The client
accepts to comply with the requirement of SHAREWAY Securities Ltd with regards to
payment of Margin in the form of cash immediately.
Without prejudice to the stockbroker‟s other rights (including the right to refer a matter to
arbitration), the stockbroker shall be entitled to liquidate / close out all or any of the
client‟s positions for non- payment of margins or other amount, outstanding debts, etc.,
and adjust the proceeds of such liquidation / close out, if any, against the client‟s
liabilities / obligations. Any and all losses and financial charges on account of such
liquidation / closing-out shall be charged to and borne by the client.
The client agrees to abide by the exposure limits, if any, set by the stockbroker or by the
Exchange or Clearing Corporation or SEBI from time to time.
The client is also aware that SHAREWAY Securities Ltd is required to deposit sufficient
margin with the exchange to enable all its eligible clients to trade subject to such limits as
may be imposed by SHAREWAY Securities Ltd on the basis of SHAREWAY Securities
Ltd risk perception and other factors considered relevant by SHAREWA Securities Ltd.
However, there may be circumstances when the deposits made by SHAREWAY
Securities Ltd with the exchange may not be sufficient in times of extreme volatility and
trading terminals of SHAREWAY Securities Ltd may get temporarily suspended because
of the cumulative effect of non-meeting of obligation by various clients as per this
agreement. In these circumstances, no client shall have the right to claim any damages
22. 16
from SHAREWAY Securities Ltd for any loss that they might incur on account of such
suspension of trading.
The Client agrees that any securities/cash placed by him/her/it as margin may in turn be
placed as margin by SHAREWAY Securities Ltd with the Exchanges or banks or such
other institution as SHAREWAY Securities Ltd may deem fit. The client authorises
SHAREWAY Securities Ltd to do all such acts, deeds and things as may be necessary
and expedient for placing such securities/cash with the Exchanges/Banks/Institutions as
margin.
Any reference in these terms to sales or transfer of Securities by SHAREWAY Securities
Ltd shall be deemed to include sale of the securities which form part of the margin
maintained by the client with SHAREWAY Securities Ltd. In exercise of SHAREWAY
Securities Ltd right to sell securities under the agreement, the client agrees that the choice
of specific securities to be sold shall be solely at the discretion of SHAREWAY
Securities Ltd.
Maintenance of Trading Account
Money pay-in to SHAREWAY Securities Ltd– The Client agrees that all payments due to
SHAREWAY Securities Ltd will be made within the specified time and in the event of
any delay, SHAREWAY Securities Ltd may refuse, at their discretion, to carry out
transactions or closeout the position and the costs/losses if any, thereof shall be borne
solely and completely by the client. All payments made to SHAREWAY Securities Ltd
shall be from the account of the client and shall not to be from any third party.
Money pay out to SHAREWAY Securities Ltd – Notwithstanding anything contained in
any other agreement or arrangement, if any, between the parties hereto, the client hereby
authorizes SHAREWAY
Securities Ltd to release all payments due to him from the trading account maintain with
SHAREWAY Securities Ltd, against specific request in this behalf.
23. 17
Securities pay-in to SHAREWAY Securities Ltd – All delivery to be effected to
SHAREWAY Securities Ltd for a trade, must be made within 24 hours from the
execution of the sale order or one day before the pay-in date, whichever is earlier. Losses,
if any, that may accrue in the event of a default in completing the delivery on the
exchange by SHAREWAY Securities Ltd as a result of any delay in the delivery by the
client, shall be borne solely and completely by the client. Losses for the purposes of this
clause shall include auction debits/ penalty charges, if any incurred as a result of non-
delivery of securities on the settlement date on the exchange. No third-party shares will
be sold through SHAREWAY Securities Ltd or third party payment should be made to
SHAREWAY Securities Ltd and client will be solely responsible for any violation. If the
client has sold any securities from the exchange against purchase in previous settlements,
such sale shall be at the sole risk as to costs and consequences thereof of the client.
Securities pay-out by SHAREWAY Securities Ltd – SHAREWAY Securities Ltd may
directly credit the
DEMAT account of the client with the depository participant or maintain the securities
account with SHAREWAY Securities Ltd on a running account basis.
Provided that if the order placed by the client through the website or otherwise is for
securities which are in the no-delivery period, such securities shall be credited to the
trading account of the client only at the time of settlement of trades, as per the schedule
of the exchange. However, if any sum due from the client,
SHAREWAY Securities Ltd may withholds the credit of securities to the DEMAT
account of the client.
However, the client authorizes SHAREWAY Securities Ltd to withhold the securities to
meet liabilities of client to SHAREWAY Securities Ltd under this agreement.
SHAREWAY Securities Ltd is entitled to consider any sum or money or security lying to
the credit of the client as margin received.
24. 18
Representation and Warranties
The client hereby warrants that he is capable of executing the present agreement and that
the terms of the present are not in contravention of any rights of any party with whom
such client has any agreements, at any time prior to the execution of this agreement.
He agrees to provide and continue to provide all details about themselves as may be
required by
SHAREWAY Securities Ltd, including but not restricted to PAN Number or Unique
Identification Number (issued by SEBI) , and states all details and facts represented to
SHAREWAY Securities Ltd are true.
The Client is aware and acknowledges that trading over the internet involves many
uncertain factors and complex hardware, software, systems, communication lines,
peripherals, etc., which are susceptible to interruptions and dislocations; and the Online
Trading Service of SHAREWAY Securities Ltd may at any time be unavailable without
further notice. SHAREWAY Securities Ltd and the exchange do not make any
representation or warranty that the Online Trading Service of SHAREWAY Securities
Ltd will be available to the client at all times without any interruption. The client agrees
that he shall not have any claim against the exchange or SHAREWAY Securities Ltd on
account of any suspension, interruption, non-availability or malfunctioning of the Online
Trading System or Service of SHAREWAY Securities Ltd or the exchange‟s service or
systems for any reason whatsoever.
SHAREWAY Securities Ltd states that it has complied with and will continuously
comply and if not proposes to comply with all statutory and regulatory directions to offer
the Internet Trading services through the website Fabits.com and for dealing in cash and
derivatives segment of the exchange.
The client warrants that all or any of the securities deposited by him with SHAREWAY
Securities Ltd in respect of margin requirements or otherwise, are owned by him and the
title thereof is clear and free of encumbrances.
25. 19
The Client/s agree to indemnify and hold SHAREWAY Securities Ltd harmless against
any loss that may be suffered by it, its customers or a third party or any claim or action
that may be initiated by a third party which is in any way the result of improper use of
user ID and password by the Client/s.
The client hereby confirms and warrants that the client authorises SHAREWAY
Securities Ltd to take all such steps on the client‟s behalf as may be required for
provisions or to complete or settle any transactions entered into through or with
SHAREWAY Securities Ltd or executed by SHAREWAY Securities Ltd on behalf of the
client. However, nothing herein shall oblige SHAREWAY Securities Ltd to take such
steps.
Fees and Brokerage
The client agrees to pay SHAREWAY Securities Limited any brokerage, commission,
fees, service tax and other taxes and transaction charges as agreed upon and due from
time to time, as applied to such client‟s account, transactions, and trading ledger by
SHARWAY Securities Limited, for the services that the client receives from
SHAREWAY Securities Limited.
All fees, brokerage, and charges on SHAREWAY Securities Limited‟s platform are
subject to change from time to time, subject to complying with rules prescribed by the
Exchanges and SEBI, at SHAREWAY
Securities Limited‟s discretion, with due notification to the client. Each time there is any
change with respect to fees, charges, and brokerage, SHAREWAY Securities Limited
would notify all clients by an email and/or SMS to their registered email ID and contact
number with all details, along with the date of such changes being effective.
An updated schedule of charges, brokerage, fees, towards applicable services provided by
SHAREWAY Securities Limited along with taxes and other mandatory transaction
charges is made available here on fabits website.
26. 20
Investment or Any Other Advice
The client agrees that none of the services available on the website shall amount to
investment advice on the part of SHAREWAY Securities Ltd.
The client agrees that in the event of SHAREWAY Securities Ltd or any employee or
official of SHAREWAY Securities Ltd, providing any information, recommendation or
advice to the client, the client may act upon the same at the sole risk and cost of the
client, and SHAREWAY Securities Ltd shall not be liable or responsible for the same.
SHAREWAY Securities Ltd, and its officers, directors, partners, employees, agents and
affiliates will have no liability with respect to any investment decisions or transactions of
the client.
Mutual Funds
MFs is only an order collection platform that collects orders on behalf of clients ,The
Client expressly agrees that SHAREWAY Securities Limited is not liable or responsible
and does not represent or warrant for any damages regarding non-execution of orders or
any incorrect execution of orders with regard to the funds chosen by the Client due to, but
not being limited to, any link/system failure, sufficient/insufficient funds in the trading
account which may occur at the end of the client, SHAREWAY Securities Limited or the
exchange platform.
Funds required for mutual fund purchases on MF are not blocked on a real-time basis,
they are debited at an end of day basis. After having placed any fund order through MF,
if you have used the same funds to trade in the secondary markets, your account may go
into a debit balance and you would be liable for all subsequent charges including any
interest and margin penalty.
Programmes and Initiatives
SHAREWAY Securities Limited may from time to time have programmes to promote
engagement and education among clients. SHAREWAY Securities Limited runs an
initiative of a 60 day challenge where clients participating and ending profitable after 60
27. 21
days, shall be awarded a certificate of recognition. Similarly, SHAREWAY Securities
Limited encourages clients to refer their friends and family to begin investing with
SHAREWAY Securities Limited. In all such cases, SHAREWAY Securities Limited
reserves the absolute right to change, withdraw, modify or suspend a part of or an entire
programme / initiative, without any prior notice to any such user or client.
SHAREWAY Securities Limited‟s decision on any condition of how any such initiative
or programme shall operate, would be final.
Miscellaneous
SHAREWAY Securities Ltd does not warrant that the service will be uninterrupted or
error-free. The service is provided in an “as is” and “as available” basis without
warranties of any kind, either express or implied, including, without limitation, those of
merchantability and fitness for a particular purpose. The client agrees that SHAREWAY
Securities Ltd shall not be held responsible for delays in transmission of orders due to
breakdown of the system or failure of communication facilities either due to the fault of
the systems of SHAREWAY Securities Ltd or of the exchanges or otherwise or for any
other delay beyond the reasonable control of SHAREWAY Securities Ltd due to a
breakdown or failure of communication facilities or for any other delay beyond the
reasonable control of SHAREWAY Securities Ltd.
All modification to this agreement shall be made solely at the discretion of SHAREWAY
Securities Ltd and shall be intimated to the client by a suitable modification to the terms
and conditions or other applicable section on the website or in any other manner.
Indemnity
In the event of death or insolvency of the client, winding up or liquidation, or their
otherwise becoming incapable of receiving and paying for or delivering or transferring
securities which the client has ordered to be bought or sold, SHAREWAY Securities Ltd
may close out the transaction of the client and the client or his legal representative shall
be liable for any losses, costs and be entitled to any surplus which may result therefrom.
28. 22
The client is aware that authentication technologies and strict securities measures are
required for internet trading through order routed system and undertake to ensure that the
password of the client and /or their authorized representatives are not revealed to any
third party. The client also agrees to indemnify SHAREWAY Securities Ltd from any
loss, injury, claim or any action instituted against SHAREWAY Securities Ltd arising
from the misuse of the password by any party.
Force Majeure
SHAREWAY Securities Ltd shall not be responsible for delay or default in the
performance of their obligations due to contingencies beyond their control, such as
(including but not limited to) losses caused directly or indirectly by exchange or market
rulings, suspension of trading, fire, flood, civil commotion, earthquake, war, strikes,
failure of the systems, failure of the internet links or government / regulatory action.
Severance
In the event of any one or more of the provisions contained in this Agreement becoming
invalid, illegal or unenforceable in any respect under any law for the time being in force,
the validity, legality and enforceability of the remaining provisions contained herein shall
not in any way be prejudiced or affected thereto.
Refund and Cancellation Policy
The Refund & Cancellation policy for all payments made towards account opening or any
other services using any mode of payment shall stand as under:
• The Fees paid towards account opening charges for enabling equities, or any other
services is non-refundable.
• Pick up of required documents related to the account opening procedure is subject
to availability of our representatives, given at any particular time and location.
• In case your account has not been opened by Team SHAREWAY Securities
Limited, after the tenth day passing by from the day of collection of all necessary
supporting documents and receipt of all due authorizations from you, you may
request for a full refund of the charges as paid by you towards account opening.
29. 23
• In case you have paid the charges relating to account opening multiple times,
please create a ticket here on our fabits website and we will initiate the necessary
procedure to refund your mone
Investor Redressal Mechanism
Investor Satisfaction being of utmost importance, for which necessary mechanism and
systems are in place. All the investor grievances are monitored and redressed by the
Compliance Officer of the Company who reports directly to the Board of Directors, and
this essentially takes care of the necessary escalation in case of any long pending and
serious compliant, otherwise the same are taken care of by the Compliance Officer with
the support of the Compliance team. The clients can email their grievances on the email
id support@fabits.com which is displayed on our website and the same also mentioned on
the contract notes and other correspondence if any sent to the client from time to time. All
the mails received are duly monitored and redressed by the Compliance Officer. The
register of grievances is centrally maintained for better control and monitoring, Thus the
grievances received in writing, mail, verbally, etc. are centrally monitored and redressed
and recorded with all the necessary steps taken for readdressal of the same. Proper
analysis is undertaken to analyse the nature of complaints received, pattern of complaints
and concentration if any at a particular location, so that every effort is taken to remove
the root cause of grievance by the client. Periodic visits and inspections are undertaken
for the branches and authorised partners to get the feedback of clients on the issues.
Depending on the feedback received necessary corrective steps are introduced into the
system. For ensuring that the funds received from the particular clients are properly
accounted for, no cheques and cash are collected, at various locations or at the Head
Office where centralized accounting is maintained, by which it is ensured that the funds
are credited to the account of the correct client and also from the particular accounts
mentioned in the client account master in the Back office software maintained centrally.
No other separate software is maintained for maintaining client account details. Thus,
every attempt is made to redress the grievance/problems of the clients and introduce
systematic changes into the processes so that such instances are avoided.
30. 24
CHAPTER NO: 03
3C ANALYSIS [COMPANY, CUSTOMER, COMPETITOR]
FABITS Growth and Analyses
Our Product – FABITS
Let‟s admit it – Investing is stressful! One can get overwhelmed with all the jargon, math
and acronyms. Firstly, its hard to know where to start and secondly, how to invest. If you
decide to dip your toes, are you doing it the right way? Even those who research, analyse,
and make informed choices are still faced with a conundrum – are these investments
serving one‟s future goals?
• Smart Investment Boxes[SIBs]
Smart Investments Boxes are Fabits expert-curated investment portfolios with diverse set
of asset classes, that match your needs and financial goals. Coupled with our AIAS
(Advanced Investor Assistance System), SIBs aim to make investment stress-free and
intuitive.
With the fixed deposit rates failing to meet inflation, it is inevitable that financial markets
are critical for long term wealth creation. Here is where Fabits‟ Smart Investment Boxes
(SIBs) are a game changer for those who are setting out to explore the investment market.
SIBs are curated by financial experts who have decades of experience managing money
for HNIs, and they are bringing their expertise to you through the Fabits platform. This,
coupled with our AI enabled technology platform – AIAS (Advanced Investor Assistance
System), aims to make your investment journey stress-free. Gear up to actually meet all
your future financial goals with better risk adjusted returns, and, all of this, while keeping
the money spent on managing your investments very low and cost effective!
31. 25
• Exchanged Traded Funds
Exchange Traded Funds (ETFs) are a cost-effective way to build long-term wealth.
ETFs operate in a similar manner as mutual funds, but unlike MFs they can be
purchased or sold on a stock exchange, and they have a lower expense ratio (cost to
manage assets and broker commissions) compared to mutual funds. ETFs are also a
low-risk investment as they are low-cost and largely index funds.
ETFs are similar to mutual funds except there is no team actively managing it. ETFs just
track a particular index, such as SENSEX, NIFTY, Bonds or Gold. Since it tracks an
index, its composition remains the same as the index it tracks. ETFs require very little
monitoring and they are primarily system driven.
• Advanced Investor Assistance System
32. 26
Fabits‟ Advanced Investor Assistance System (AIAS) is our AI tech powered game-
changer that has a single goal-delivering better risk-adjusted return by intuitively
adapting to market changes and making your investment journey hassle-free.
Road trips are fun, and we are fans. We absolutely love road trips. But we‟re also aware
that meticulously planning the road trip in the first place is a critical aspect to having a
great one. At least, one without too many bumps or flat tires along the way. Keeping this
analogy in mind, Fabits‟ Advanced Investor Assistance System (AIAS) does exactly this
for your financial journey to ensure you reach your end goal while taking care of all the
bumps and ditches that the financial markets may pose.
1) Systematic Risk Assessment
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Ensuring that your portfolio is never exposed to greater risk than what is defined. Staying
within speed limits is important.
2) Superior Performance
Quant and data driven data models helps in changing strategies, allocations, and
switching assets. This deduces the dips and help accrue incremental gains that add up,
compounding over time.
3) Personalization
34. 28
Goals are different for every individual. So portfolios are tracked and monitored at
individual levels offering customized game plan for each one.
4) Discipline
Deducts deviation in investment plans and provides desired nudges. Staying discipline is
critical and AIAS will ensure that happens.
When we say we are AI enabled, we mean that you will always know if you are on track
to achieve your financial goal through our AIAS. And if we are not on course, the system
will judiciously manage your portfolio to get back on course. It starts from the first step
you take in your investment journey with Fabits; beginning with the personalization of
your goals, and Smart Investment Boxes (SIBs) that are allocated based on your needs, to
constant monitoring and continuous evaluation of asset classes, increasing proportions
based on the value to ensure that you get better risk-adjusted returns by intuitively
adapting to market changes.
Our portfolio performance management insights will ensure you are always on course –
from whether you are performing well or not, to a rebalancing is required – the focus is
always on the progress towards reaching your financial goal, without any of the jargon
and confusing numbers.
35. 29
• Planning
The Importance of Goal – Based Planning and Investing
At the beginning of every year, you may be doing an exercise to define your individual
KPI‟s (Key Performance Index), based on your company‟s goals and strategy. This could
include sales targets, cost targets, growth and other goals based on your position in the
organization. Once you have defined your goals, you will need to prioritise and assign
appropriate weightage to each one.
Goal setting helps us align to the goals of the organization. It gives us purpose and
direction – and acts as a roadmap for the work that we do every day through the next
year. It ensures we prioritize more important (and impactful) tasks, and acts as a metric
for us to gauge our progress at the end of the year. Bonuses and increments are tied to the
success of achieving the goals we set out.
“Financial planning is the key to overall well being”
ACHIEVE GOALS
Like with most things in life, when you gave a gaol, you work, plan, excute and achieve
the goal.
36. 30
1) Mental Peace
Knowing that your future needs are planned leads to a more peaceful life. You enjoy the
present, and future.
2) Better Relationships
Financial plans enhance your leaderships with family members and friends. No anxiety,
no assumptions.
37. 31
3) Increase Productivity
Individuals who make financial plans tend to be more productive and focused while at
work.
4) Improve Decisions
Families with their financial plans in place are known to make better life decisions with
confidence.
38. 32
5) Save More
Those who plan their finances are more aware of expenses and are 3x more likely to stick
with habits that aid saving.
If goals can help us perform better, and further our careers in our chosen paths, why
shouldn‟t our investments do the same for us in our financial journey?
We all have different needs (and goals), yet, when it comes to investments, we are
prescribed a one-shoefits-all approach. In addition, everyone may have several goals –
and each goal may require a different strategy. For example, if education is a top priority,
it would require an investment vehicle that is more consistent and less volatile.
Alternatively, a plan to buy a car may have a lower priority and can thus allow more
volatility as the time frame is not too critical.
Customer Analysis
• Partner With FABITS For Financial Wellness
As an employer or financial advisor, you understand the importance of financial wellness.
Financial stress can take a toll on both individuals and businesses, impacting
productivity, engagement, and overall wellbeing. That's why we at Fabits are committed
to helping you promote financial wellness among your employees, clients, and advisors.
Services provided by Fabits to its customers.
39. 33
Comprehensive Solutions
We provide comprehensive financial planning solutions that covers everything from
retirement planning to buying an iPhone.
Expert Guidance
Our team of experienced professionals can provide expert guidance and support to help
your employees, clients, and advisors achieve their financial goals.
Customizable Programs
We understand that every organization is unique, which is why we offer customizable
financial wellness programs tailored to the specific needs and goals of your organization.
Cutting – Edge Technology
We use the latest technology to deliver our financial wellness solutions, ensuring a
seamless and userfriendly experience for your employees, clients, and advisors.
BENEFITS OF OFFERING FABITS TO YOUR CLIENTS
1) Increases Productivity
40. 34
Our customizable financial planning tools and templates make it easy for you to quickly
create customized plans and reports for your clients. This can save you time and improve
your productivity, allowing you to focus on building your business.
2) Improved Client Management
By providing your clients with access to our financial wellness resources, you can engage
them in meaningful conversations about their financial goals and aspirations. This can
help build stronger, longlasting relationships and enhance their satisfaction with your
services.
3) Enhanced Credibility
Offering financial wellness resources to your clients can help you differentiate yourself
from other advisors and enhance your credibility. By demonstrating your commitment to
41. 35
your clients' financial well-being, you can attract new clients and retain your existing
ones.
4) Improved Retention
Helping your clients achieve their financial goals can improve their loyalty and retention,
helping you build a strong and sustainable client base over time.
CLIENT MANAGEMENT
1) Financial Planning Tools
Our suite of financial planning tools are easy to use and customizable, allowing you to
quickly create customized financial plans for your clients.
42. 36
2) Educational Resources
Our educational resources, including articles, videos, and webinars, are designed to be
informative and engaging helping your clients learn more about managing their finances
effectively.
3) Customizable Templates
We offer a range of customizable templates that you can use to create financial plan,
reports and other documents for your clients. These templates are designed to save you
time and improve your productivity.
43. 37
4) Client Management Tools
Our client management tools are designed to help you manage your clients more
effectively. You can use our tools to track client progress, set reminders, and schedule
appointments, among other things.
44. 38
CHAPTER NO:04
ORGANIZATIONAL STRUCTURE / DEPARTMENTAL PROFILE
Shreyas Dharma Jeet
•Chief Investment Officer
of Profitrade, and a chain
of investment companies.
•Always the party-starter,
whether at work or outside.
Distinguishing quality – he
serenades everyone with his
guitar!
•Marketing Head for several
leading institutes that were
the backbone for several
broking start-ups.
•Banana chips connoisseur.
He simply sources the best!
•Ensuring every rupee of the
customer is accounted for.
•Happiest when on his Royal
Enfield Bullet!
Also, Chief GIF maker.
45. 39
Akansha Ajath Mohita
•Adding art, design, and
colour to make our visuals
stunning and beautiful.
•Also, Swiggy‟s most loyal
customer and collects
neighbourhood doggos on
every walk.
•Jack of all trades!
Trader and quant modelling
geek.
•Filter coffee and long runs
are his weakness (or as
we say, strength).
•Bringing creativity, clarity,
and cohesion to our content
across channels.
•A poet at heart with the soul
of a philosopher and the
mind of a scholar.
46. 40
Departmental Profile/ Company Profile
FABITS
Fabits.co
• CONTACT: 080-45145100 / 080-45687111
Email: support@fabits.com
Corporate office: No.2, 3rd
floor, Hayes road, Richmond Town,
Bangalore 560025, India.
• MISSION STATEMENT: Financial Advisor
• ABOUT US: Fabits aim is to help people build simple and effortless financial habits
that sets them on a journey towards financial freedom - giving them wings to pursue
their dreams and numbers and money. We want to drive fabulous habits of all kinds –
fitness, food and mind.
The „I‟ in fabits represents the individual- You! We want to make this journey
personal and centered around what matters to you, so that it caters to your goals and
needs which make for a life well planned.
• OUR TEAM: Kavitha, Jay, Sunder, Shreyas, Dharma, Jeet, Ramesh, Rathi, Miras,
Akansha, Ajath, Mohita.
• OUR PRODUCTS/SERVICES: Smart Investment Boxes (SIBs).
Exchanged Traded Funds (ETFs).
Advanced Inventor Assistance
System (AIAS).
Planning.
47. 41
Empowering people to attain Financial Goals. Revolutionize your financial advisory
services.
Improved Client Management, Increase Productivity, Enchanced Credibility,
Improved Retention.
Financial Planning Tools, Educational Resources, Customizable Templates, Client
Management Tools.
• TESTIMONIALS:
“Fabits was helpful for long term investments. They provide really good
professional guidance of where to invest and also track my portfolio. Really
interactive app. Loved it!!!
Now I don‟t have to research. They do it for me.”
-Sanchit Sehgal
48. 42
CHAPTER NO:05
SWOC ANALYSIS
• Strengths/ Weaknesses/ Opportunities/ Challenges
Strengths describe what an organization excels at and wat separates it from the
competition: a strong brand, loyal customer base, a strong balance sheet, unique
technology, and so on. Weaknesses stop an organizational from performing at its
optimum level. They are areas where the business needs to improve to remain
competitive: a weak brand, higher-than-average turnover, high levels of debt, an
inadequate supply chain, or lack of capital .Opportunities refers to favourable external
factors that could give an organization a competitive advantage. Threats refer to factors
that have the potential to harm an organization.
• The Strengths of fabits mainly depends on the products they provide to their clients,
that is; Smart Investment Boxes (SIBs) crafted with specific goals and habits of
successful investor, helping you build long term wealth.
Exchange Traded Funds (ETFs) are a cost-effective way to build long term wealth.
Advanced Investor Assitance System (AIAS)
Planning and Investing.
• What happens outside of the company is equally as important to the success of a
company as internal factors.
Challenges faced by fabits is to boosts its productivity(reduces employee financial
stress).
Increase Retention (offering financial wellness resources).
49. 43
Improves Job Satisfaction.
Attracts Top Talent (increase job satisfaction and engagement).
Reduces Costs (reduce health case costs and absenteeism).
Fosters a Positive Culture (positive company culture).
• The opportunities that SHAREWAY Securities provides to fabit to grow their
financial statement as a financial advisor to make sure their funds are used in a good
dead etc.
To follow the highest standards of ethics and compliances while facilitating the trading
by clients in securities in a fair and transparent manner, to contribute to creating wealth
for investors. We envision a world, where every individual makes good financial habits a
part of their lifestyle.
• To provide high-quality and dependable service through innovation, capacity
enhancement, and the use of technology.
• To establish and maintain a relationship of trust and ethics with the investors.
• To observe the highest standard of compliance and transparency.
• To always keep protection of investors interest as a goal while providing service.
• Our journey to realise this vision, we bring together the best practices, learned over
decades of industry experience and provide effortless investment solutions, crafted
for everyone.
50. 44
CHAPTER NO:06
LEARNING OUTCOMES
My first day on internship:
The first day on my internship was the day that I will never forget in my life. And this is
because pf the experience I acquired which enables me to learn more about the working
environment instructed us how we should behave during of our internship period. My
first day was strange but full of fun because I was so serious to know everything that was
taking place and how it was being done. The task, place, colleagues and customers were
all new to me. My supervisor told me how to behave and to be confidential. I was
oriented very well because I had to start working the next day.
Undergraduate admitted by certain organization, has to follow rules and regulations
regarding such organization and recognizing that; every staff at the first day will evaluate
his/her ability to perform certain task. Myself I was considered as a new comer in the
organization, I had to first introduce myself to fellow workmates which I did without any
problem.
On my first day of internship; I had to use my knowledge and skills to show that I am
able to do everything lying under my specialization every staff was asking me course, I
covered in BCOM, I preferred to acquire explanation from every staff regardless his/her
position held as possibilities to convince them that I was able to do everything well and
often. I also tried to read supporting documents such as user guide manuals etc.
My colleagues helped me to know in details about fabits which helped me in completing
my reports in detail about the role and responsibilities that has to be as a financial advisor
to the clients and the performance as a asset manager in the stock markets of todays‟.
My performance was sincerely not critical as I improved my skills and knowledge in the
department or in the background of Finance, I succeeded to match theories from my
course with practices on field of stock market. And I was well trained with some daily
activities given by my supervisor which lead me know some basic activities like working
on excels to prepare the front page of many documents and creating error account and
many like staring from my basic activity and knowing in details about and fabits and
shareway securities limited etc.
51. 45
The guidelines that helped me to perform this task were supervisor who gave me training
before performing any tasks, discipline of respecting everybody and commitment to
work with others. Reading the website about fabits, different documentations relating to
financial service matters.
As an undergraduate specializing in accounting at college of business and economics, I
learnt many things in class this led the Bcom to send us in outside organizations to
conduct an internship, I improved my knowledge and skills from theoretical and practical
studies, perhaps I can solve problems of financial objectives.
I gained much knowledge in working with fabits where I knew to uses software and how
can we found network and I learned in details about the stock market and how to invest
and how does it works etc.
52. 46
CHAPTER NO:07
CONCLUSION
In concluding her report, the internee can hardly leave out mentioning that they internship
has been so beneficial and paramount as it has left her with the knowledge on how most
of the practical work experience is done.
During my industrial training I realised how does the role of financial advisor work in the
field of stock market, and how does the advisor lead their client to make sure their funds
are used or invested in a proper way. They check what matters to their client, so that it
carets to your goals and needs which makes for a life well planned.
The skills acquired from BCOM course at my college were helpful to learn in details
about the Department of Finance as a well known asset manager. However for some
confused tasks, I asked support from my guide at Fabits or from any experienced
colleagues for clarification and understanding which helped me to know fabits in details
and also helped me in completing my report.
