Summer Internship Presentation in iFAST Financial by an MBA Finance

2. An Internship project on
Understanding the Business Model
of an Independent Financial
Advisor

3. Table of Contents
 Mutual Fund Industry in India
 About iFast Financial
 Products and Services of iFast
 Roles and Responsibilities
 Deliverables
 Corporate Takeaway
 Academic Takeaway
 Findings
 Suggestions

4. Mutual Fund Industry In
India
 AUM of the mutual fund industry is at Rs
17.89 trillion in February, 2017.
 Showed a compounded annualised growth
rate of 18%.
 Average of 6 lakh SIP accounts have been
added every month.
 Average ticket size is Rs.3200 per account.

5. Mission
To provide better financial outcomes to their
clients by adopting a client first approach

6. About iFast Financial
 iFAST Financial India Pvt Ltd. was started in 2008
 It is Asia’s leading online investment platform
 Internet-based investment products distribution platform
 Listed company on the Singapore Stock Exchange
 Have presence in Singapore, Hong Kong, Malaysia and China
 Provides a one-stop-shop for mutual fund investments

7. Products and Services of iFast
 Automated Fee Recovery
 Compliance Support
 Technology and Tools
 Research Support
 Global Investments
 IFA Marketplace
 RIA Network
 Training and Development

8. Roles and Responsibilities
 Understanding the Revenue Model of the Independent Financial Advisor.
 Understanding the Operational Challenges of the Independent Financial
Advisor.
 Understanding the Succession Planning of the Independent Financial
Advisor.
 Understanding various Technologies Integrated by the Independent
Financial Advisor.
 Understanding the Way Forward for the Independent Financial Advisor.

9. Deliverables
 Understanding the questionnaire provided.
 Get the questionnaire filled from the Independent Financial
Advisors.
 Maintain records of the questionnaire filled.
 Highlight the prospects for the company.
 Weekly submission of the data.

10. Challenges
 To have different pitches according to the response.
 To identify the prospects for the company.
 To motivate oneself after inappropriate conversation.
 To convince the advisors to fill the questionnaire.

11. Corporate Takeaway
 How to be presentable in the organisation.
 How to interact with your mentors, boss.
 To achieve targets one has to move out of the comfort zone.
 Importance of communication.
 How to put your difficulties and find viable solutions.
 Maintain ethics of the organisation.

12. Academic Takeaway
 Excel tutorials held in classes helped.
 Terminologies of the subject helps to grasp things faster.
 Newspaper reading helps to be the part of discussion.
 Mentoring sessions helped in effective communication.
 Timeliness helps you to be punctual in work.

13. Findings
 Financial advisors were apprehensive about filling the questionnaire.
 Large amount of data was outdated.
 Few advisors were keen to help out.
 Many advisors had certain degree of lack of information.
 Repetition of data.

14. Suggestions
 An updated data could be maintained.
 Officials in the head quarter should be in touch with the interns.
 Demo could be provided to the interns.

15. THANK YOU