Title: – Comparison of Mutual Funds, Equity Shares, Bonds, Insurance
Author: – Amruta Jadhav (Roll No. 57, Kohinoor Business School)
Introduction: – Financial instruments are monetary contracts between parties. They can be created, traded, modified and settled. They can be cash (currency), evidence of an ownership interest in an entity (share), or a contractual right to receive or deliver (e.g., Currency; Debt: bonds, loans; Equity: shares; Derivatives: options, futures, forwards).International Accounting Standards IAS 32 and 39 define a financial instrument as “any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity”.Financial instruments may be categorized by “asset class” depending on whether they are equity-based (reflecting ownership of the issuing entity) or debt-based (reflecting a loan the investor has made to the issuing entity). If the instrument is debt it can be further categorized into short-term (less than one year) or long-term.
Objective: – To compare different Financial products (Like Mutual Funds, Equity Shares, Bonds, Insurance)
Data collection: – primary data is used in this research. It has been collected by doing online survey. Then after transferring data into excel, using excel formulas, found ANOVA Table.
Data Analysis:-
ANOVA
Source of Variation SS df MS F P-value F crit
Between Groups 224.88 3 74.96 11.370497 1.904E-06 2.6993926
Within Groups 632.88 96 6.5925

Total 857.76 99

Findings and conclusion:- As calculated F(11.370497) is more than tabulated F (2.6993926). Reject Ho, Accept H1. Which means among all financial products any one of is different.