MBA is a professional course wherein for a student to posses only theoretical knowledge alone is not enough but also to improve practical skill which is helpful to them in every field of life in their future. Students need to have a practical implementation in the current scenario. “Experience is the best teacher's.” This saying is very well applicable in everyone's life. Therefore as a student of management it must apply to me also. Then the question arises that from where we can get this experience. Obviously we must undergo practical Training. To serve this purpose I had undergone eight weeks summer training at ICICI securities limited and as an outcome I have prepared this project report. This project report on “COMPETITIVE ADVANTAGE OF ICICI DIRECT” .This project also deals with various activities of ICICI securities limited. The experience of this training will be useful in my future. It is my pleasure to present work after I had finished my training at ICICI securities limited. This training has expanded my horizon of knowledge in practical as well as theoretical, which is vital for any student in management level studies. After completion of this training I come to know that when we study theory but practice it is very difficult to understand. Therefore to serve dual purpose of practical training has been made compulsory for the student of MBA. Such training promotes a student to boost his potentials and the inner qualities, and thereby students come to know about their reality that how the theoretical knowledge works in actual sense in any unit. This has indeed proved to be very useful to me. A1l information given here are correct and true according to me, and sincerely apologize if incorrect data.


First of all I would like to express my sincere gratitude to Mr.Subhendu Das, Area manager of ICICI securities limited, Athwagate Surat brance for allowing me for summer training at ICICI securities limited. I heartily feel thanks to Mr.Bhavesh Patel ,sales manager who provide me valuable suggestions and guidance at every stage of my summer training. I would like to express my gratitude to ; my project mentor and other faculty member of SOM LALIT INSTITUTE OF BUSINESS MANAGEMENT, Ahemedabad for guide me. I would like to thank following persons who help me lot in my summer training. • Mr.Imran Dabhi, sales manager, ICICI securities limited • Mr.Jignesh Nayak, sales manager, ICICI securities limited • Mr.Amit Kumar, sales manager, ICICI securities limited I also thank to sales Executive for opening Demte account, which have been helpful and faithful enough to give the required information, which helped my project to be great success, which was the main and important part of my project. I feel happy indeed and it has given me a lot of pleasure in company. Last but not the least I would like to extent my deep sense of gratitude to my family and all whom guided and helped me during my training period. Place: Surat Date: July-2008 Sunil K. Patel







 Mutilation or loss of share certificates in transit. However. both retail and institutional.THE TRADITIONAL WAY The Indian capital market has seen an unprecedented boom in its activity in the last decade. this surge in activity has brought with it.  Prevalence of fake certificates in the market. fake shares.  Possibility of forgery on various documents leading to bad deliveries. it was felt that the getting up of a depository and the introduction of scrip less trading and settlement is imperative for the efficient functioning of the market.  Theft of shares leading to defective title in shares purchased and subsequent litigation. etc.1 GENERAL INTRODUCTION PHYSICAL CERTIFICATES . rejection by registrars. wary of entering the Indian capital market. This has made the investors.  Increased transaction costs due to stamp duty. In this scenario. Simultaneously. legal disputes etc. A closer inspection of the problems would reveal that most of them arise due to the intrinsic nature of paper based trading and settlement. Some of these areas are:  Unwarranted delay in transfer of shares. We can now boast of a very large investor population and substantial volumes of trade. This century-old system of trading and settlement requires handling of huge volumes of paper leading to increased costs and inefficiencies. they expose the investors to greater risks putting them at a disadvantage. 7 SLIBM-AHM . numerous problems that threaten the very survival of the Capital market in the long run.INTRODUCTION 1. It takes 30 to 60 days for the investors to get the shares lodged in their name.

the Indian stock market has quickly moved to global standards. COMPANY PROFILE: 2. have enabled the Indian market to move well ahead in just five years. 8 SLIBM-AHM . Yet even with demat. from the point of view of investors there are numerous problems. Sometimes. Here Wallet Watch introduces you to setting up of a demat account and introduction of scrip less trading and settlement.1 INTRODUCTION ABOUT THE COMPANY Even as the European and American stock markets reckon with the changes brought about by the Internet and IT/telecom advances. With effect from august 19. The sheer breadth of the changes since the National Stock Exchange started operations in 1994 and with the Securities and Exchange Board of India (SEBI) also driving the changes in the market system. There are numerous benefits of this scrip less trading and settlement. the problem may magnify them and threatens to engulf the entire capital market. Historically stock market booms have always resulted in a number of problems for the lay investor. A close introspection of these problems will reveal that most of them are due to intrinsic nature of paper based trading and settlement. All this may have driven away many potential investors and Foreign Institutional Investors. (CDSL). which Wallet Watch has discussed in detail.The Indian capital market has witnessed numerous changes in the recent past. Dematerialization of shares is looked upon as the remedy for the ‘paper’ based problems. 1998 SEBI has granted certificate of registration of Central Depository Services (I) Ltd.

A total of 698 companies. made demat trading in stocks mandatory for institutions first and. with a market capitalisation of Rs. From a long-term perspective.300 crores (almost 80 per cent of the market capitalisation of all listed stocks). The effect of SEBI's action is evident from NSDL's statistics. unless the institutional investors stepped in.65 billion shares in the demat mode. Mandatory paperless trading. A series of measures by SEBI and NSDL also helped ease the strain faced by retail investors. most major stocks are traded in the paperless mode now. now ignored it. the old system.37. But the push towards paperless trading stands out even in a decade when the market landscape has changed beyond recognition. and securities valued at Rs. Not only has the general trading environment improved and quickened. With 13. more paper will be flushed out of the system in the next two years. is enrolled with the NSDL. Since the entry of the foreign institutional investors (FIIs) and online trading.96. laden with paperwork at every conceivable stage. in five years. As a consequence of dematerialisation. perhaps. As the FIIs complained about the paperwork as a major constraining factor. As a consequence of SEBI's action. for all investors. 1996 was passed and the NSE. The costs of dematerialisation have declined as the NSDL slashed charges as volumes expanded and the competition _ from the Central Depository Services Ltd (CSDL) floated by the BSE _ started in 1999 second half. was out of place in an otherwise fast trading environment. with the UTI and the IDBI. The second phase will involve some 200 stocks in a few months time. volumes too have perked up. With demat taking off. demat in India is of considerable significance. The requisite legislative changes were put in place quickly .the Depositories Act. With regulatory pushes SEBI. it may well be a precursor to the next big changes – rolling settlements and Internet trading. there is now scope for an improvement in the quality of investor services. set up the National Securities Depository Ltd (NSDL). This stalemate frustrated the push for a paperless environment. even in the demat segment. the Indian market is also well prepared for web-based trading though the quality of telecom infrastructure and 9 SLIBM-AHM . Dematerialization (holding and trading securities in paperless mode) was an alien concept in India before 1995. the concept of dematerialisation can be said to have taken roots. then. If the regulatory direction is any indication. 7. large quantities of paper have been flushed out of the system. the government and SEBI took notice. nearly 19 million investor accounts. forced the FIIs to dematerialise their holdings quickly. But the depository concept did not gain popularity. in phases. there could be no liquidity.Even as online automated trading and better clearing and settlement mechanisms have been put in place. The reason: Lack of liquidity. But. that is. 3.800 crores ($91 billions) actually dematerialised. Until SEBI stepped in. the FIIs which had clamoured for its introduction. the most significant change in the Indian market has been the coming of paperless trading.

the stage is set for rolling settlements and web-based trading. Leveraging technology to service customers quickly and conveniently. Then the high net worth individuals. The countless numbers of conservative Indians have to digest it. It is necessary to educate and convince these investors about the benefit of Demat rather than forcing them to take part in the game. This we hope to achieve by: • • • Understanding the needs of customers and offering them superior product and service. but the investing community. trading in more than a certain numbers of shares. With their share certificates being replaced by small slips and receipts. 2. And paperless trading may well be the catalyst for such a rapid advancement.3 Company’s Vision: To make ICICI Direct the dominant online share trading by world class people and services.inadequacies in the banking system-stock exchange linkages may cause delays. the institutional investors succumbed. In India. naturally the average investors will have their share of fears and apprehensions. till now a domain of the western world. they will be forced to do so at the time of sale. now. The Indian financial market is in need of both scrip-based and scrip less trade. is bound to take some time to accept the latter. 10 SLIBM-AHM . were forced to give in. First. whether they like it or not. which is used scrip-based trade. If they do not. Developing and implementing superior risk management and investment strategic to offer sustainable and stable return to our shareholder. Notably. Once these are in place. The scrip less trading. the Indian market will have moved closer to the standards in advanced markets. with regard to the thrust towards paperless trading. the first depository commenced operation a decade back and is relatively new. it is the turn of the small investors of select-companies. 2. such as the US.2 HISTORY OF THE ORGANIZATION: The dematerialized form of shareholding and the depository mode of trade (scrip less trade) have been in operation in developed financial markets for over 15 years. With a high degree of dematerialisation a reality. All those who hold physical share certificates have to get them dematerialized. the Indian market managed in three years what took even the US much longer. institutional investors and GDR holders is now mandatory even for small investors.

Standard Chartered MF. Principal MF. Look for companies that consistently find ways to squeeze more profits out of sales than their peers.the percentage of sales that they keep -. and offers you depository services and trade execution facilities for equities. Sharekhan is planning to enter in Mutual funds. the largest chain of retail share shops in India is of Sharekhan. This is accomplished either by lowering expenses or raising prices. Kantilal Ishwarlal Securities Pvt. That's why Sharekhan has the trading products. do not survive the troughs of the trade cycle 2. Alliance Capital MF. 1M MF. Insurance sector and banking sector to expand beyond the market currently covered by it. And it has started MF (Mutual Funds) on priority basis but wants to grow in ): Sharekhan. derivatives and commodities backed with investment advice tempered by decades of broking experience. A research and analysis team is constantly working to track performance and trends. HDFC MF. Kotak 11 SLIBM-AHM . which are provides the 3in-l to the users which ties in their saving bank account and their Demat account to their brokerage account electronically. Ltd. Sundaram MF. but have poor short term or long term liquidity measures. An investor can also invest in 14 Mutual Funds (Prudential ICICI ICICIdirect. S. Reliance Capital MF. India's leading stockbroker is the retail arm of SSKI. ICICI WEB TRADE LTD. Companies. Look for companies that consistently grow faster than there peers. which are having one of the highest success rates in the industry. ICICldirect. In was the first entrant into e-broking. The financial health of a company is dependent on a combination of profitability. Sharekhan is having 240 share shops in 110 cities. Investors prefer companies that increase profit margins -. short-term liquidity and long term liquidity. Birla Sun Life MF. ICICdirect.5 Major Player of the Industry S.4 Company’s mission: To judged by their sales and earnings growth rates than on the absolute value of their sales and earnings. (sharekhan. margin or spot segments. (lCICIdirect.every year. Franklin Templeton India has the option of trading in shares in cash.• Providing and enabling environment to foster growth and learning for our employees 2. IL&FS MF. This integration ensures that money is transferred to/from their bank account and the shares are transferred from/to their Demat account automatically without writing any cheques or transfer instructions while carrying out their trades in shares.

com the online division of Kotak Securities Limited offers Internet Broking services and also online IPO and Mutual Fund Investments. which looks into the middle end of the market. India Info line was founded by a group of professionals in 1995. has been the largest in IPO distribution . Its institutional investors include Intel Capital.000 customers. For those who prefer to trade the traditional way.6 %. Its size and strong balance sheet allows providing varied products and services at very attractive prices. member of National Stock Exchange and The Stock Exchange. TATA MF and DSP MERRILL LYNCH MF) through their trading account. Investors can benefit from its analysis and advice available at the click of the mouse. The company has 42 branches servicing around 1. It has also won the Best Equity House A ward from Finance Asia .Mahindra MF. It also provides the research on 5paisa is the trade name of India Info line Securities Private Limited (5paisa). ICICI. The company's brokerage is one of the lowest in the industry. commodities broking and mutual funds. one of the leading technology companies in the world promoted by the UK government. Kotak Securities Limited manages assets over 1700 crores under Portfolio Management Services (PMS) which is mainly to the high end of the market. our over 750 Client Relationship Managers are 12 SLIBM-AHM . India Info line investor points are available across the country. KOTAK SECURITIES LIMITED (kotakstreet. TDA and Kotak Securities Ltd. 5Paisa. The company offers a slew of products such as stock and derivatives broking. Mumbai. of the world's leading investment banks and brokerage firms) is India's leading stock broking house with a market share of 5 .00. Kotak Securities Ltd. India's leading and most popular finance and investment portal.April 2004. 5paisa has emerged as one of leading players in e-broking space in India. a strategic joint venture between Kotak Mahindra Bank and Goldman Sachs (holding 25% .It was ranked number One in 2003-04 as Book Running Lead Managers in public equity offerings by PRIME Database. Kotak Securities Limited has newly launched "Kotak Infinity" as a distinct discretionary Portfolio Management Service. Kotak Securities Ltd is also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL) providing dual benefit services wherein the investors can use the brokerage services of the company for executing the transactions and the depository services for settling them. 5paisa is a wholly owned subsidiary of India Info line Ltd. India Bulls: India bulls is India's leading retail financial services company with 77 locations spread across 64 cities.

MOTILAL OSW AL SECURITIES LTD. they will also start offering the following online 13 SLIBM-AHM .Mega Funds. while in 2000 and 2002 it has been rated as the Best Domestic Equity Research House and Second best amongst Indian Brokerage firms respectively. In a recent media report MOSt was rated as one of the top-10 brokers in terms of business transacted for FIls. MOSt was founded in 1987 as a small subbroking unit. and IPO and Mutual Fund Investment Advisory Services. In a few months. India bulls offer a full range of financial services and products ranging from Equities. and electronic trading capabilities. intelligent analytics. which has been promoted by the HDFC Bank & HDFC with the objective of providing the diverse customer base of the HDFC Group and other investors a capability to transact in the Stock Exchanges & other financial market transactions. The India bulls Professional Network offers real-time prices. E-Broking Services. MOSt provides AdviceBased Broking. Hong Kong and Singapore. Focus on customer-first-attitude. UK. right at your fingertips. The services comprise online buying and selling of equity shares on the National Stock Exchange (NSE). with a dominant position in both institutional and retail broking. The retail business unit provides equity investment solutions to more than 50. Demat services and Insurance to enhance wealth and to achieve the financial goals. detailed data and news. with just two people running the show.000 investors through 270 outlets spanning 150 cities and 22 states. Derivatives. HDFC SECURITIES LTD (HDFCsec): HDFCsec is a brand brought to you by HDFC Securities Ltd. Depository Services. ethical and transparent business practices. Commodities Trading. Its Value PMS Scheme gave a 160% post-tax return for the year ended March 2004. respect for professionalism. Portfolio Management Services (PMS). This powerful technology is complemented by our knowledgeable and customer focused Relationship Managers. (MOSt): One of the top-3 stock-broking houses in India.dedicated to serving your unique needs. research-based value investing and implementation of cutting-edge technology have enabled it to blossom into a thousand-member team. In Asia Money Brokers Poll 2003 MOSt has been rated as the Best Domestic Research House. The institutional business unit has relationships with several leading foreign institutional investors (FIls) in the US. MOSt is amongst the best-capitalized firms in the broking industry in terms of net worth. Buying and selling of select corporate debt and government securities on the NSE would be introduced in a subsequent phase. India bulls is lead by a highly regarded management team that has invested crores of rupees into a world class Infrastructure that provides real-time service & 24/7 access to all information and products.

.6 OBJECTIVES OF THE STUDY  Study of ICICI Direct. So in order to retain the existing customers of ICICI Capital Ltd. is depository participant (DP) and it is providing the financial services to the share holders and various other DP’s also providing almost same services which leads to a competition. ICICI Capital Services Ltd.  Customers satisfaction and awareness of ICICI Capital Services Ltd. right issues. 14 SLIBM-AHM . purchase of Insurance policies and asset financing. They are also planning to include buying and selling of Mutual Funds. The study involves knowing the expectation and satisfaction level of ICICI Capital Ltd. IPQ subscriptions. services on the BSE and NSE: • • • • Buying and selling of shares on the BSE Arbitrage between NSE & BSE Trading in Derivatives on the NSE Margin trading (online share trading)  Study of dematerialization in ICICI Capital Ltd. 2. and to attract new customers knowing the customers need and preferences and expectation is very important.

3. TRADING: Next function activates when an investor buys or sells in the market. till now a domain of the western world. Before settlement day Broker makes payment to clearinghouse through Clearing Bank.On settlement day Clearing house releases shares to broker’s Clearing Member account which is then transferred to investors account through NSDL (National Securities Depository Limited). SELLING: 1. the first depository commenced operations a decade back and is relatively new. An investor gets order executed and makes payment to the broker.2. which is used to scrip-based and scrip less trade. Investor instructs his Depository Participant to debit his account with immediate effect. Offers services to clients dealing in Government securities through the SGL A/C. A Broker clearing member accounts is credited. Investor gets credit in his account. 3. If they do not. An investor gets order executed. The shares move from investors account to Brokers Clearing Member account via NSDL.  Collects and credits the benefits and proceeds from sale to the clients’ account. ICICI Capital Services Ltd. they will be forced to do so at the time of sale. Buying: 1. 2. 4. Before settlement day broker transfers shares from his clearing member account to 15 SLIBM-AHM . All those who hold physical share certificates have to get them dematerialized. In India. institutional investors and GDR holders is now mandatory even for small investors.7 PRODUCT PROFILE DE-MAT The dematerialized form of shareholding and the depository mode of trade (scrip less trade) have been in operation in developed financial markets for over 15 years. The Indian Financial Markets is in need of both scrip-based trade. A process by which the physical certificates of an investor are taken back by the company / registrar and actually destroyed and an equivalent number of securities are credited in the electronic holdings of the investor. is bound to take some time to accept the latter. The scrip less trading. 2. but the investing community. and  Supplies periodical reports on the transactions and holding of the clients. Investor instructs his Depository Participant to expect credit on settlement day. besides holding the securities.  Provides records update based on the transactions made by the clients. Broker instructs his DP to debit his Clearing Member account on settlement day.

under his signature. the investor has to sign an agreement with DP in a depository prescribed standard is a truly online share-trading site. provided the BO Account/s at transferee DP and at transferor DP are one and the same. 2006. by a DP on a Beneficiary Owner (BO) when a BO transfers all the securities lying in his account to another branch of the same DP or to another DP of the same depository or another depository. Besides. Further. the BO Account at transferee DP should also be a joint account in the same sequence of ownership. and custody charges vide circular dated January 28. ICICIDirect. The account opening form must be supported by copies of any one of the approved documents to serve as proof of identity (POI) and proof of address (POA) as specified by SEBI. The 3-in-1 e-invest account integrates your brokerage. everything happens completely online. Demat Services 16 SLIBM-AHM . SEBI has vide circular dated November 09. On settlement day Broker receives payment from clearing house which he passes on to the investor. production of PAN card in original at the time of opening of account has been made mandatory effective from April 01. at absolutely any time of the day…or night. HOW CAN ONE OPEN AN ACCOUNT IN DEMAT? First an investor has to approach a DP and fill up an account opening form. i. 2005. The DP may revise the charges by giving 30 days notice in advance. In case the BO Account at transferor DP is a joint account. SEBI has rationalised the cost structure for dematerialisation by removing account opening charges. which details rights and duties of investor and DP. His account is debited. identical in all respects. DP should provide the investor with a copy of the agreement and schedule of charges for their future reference.Clearinghouse via NSDL. 2006. Further. The DP will open the account in the system and give an account number. transaction charges for credit of securities. This means that from the time you punch in a buy or sell trade on your computer to the final settlement in your ICICIDirect. 4. 2005 advised that with effect from January 09. which is also called BO ID (Beneficiary Owner Identification number). All applicants should carry original documents for verification by an authorized official of the depository participant. bank and one or more depository accounts to make sure that you can do the otherwise cumbersome share trading from the comfort of your home or office.e. no charges shall be levied by a depository on DP and consequently.

5 lacs account holders. wherein you take long buy/ short sell positions in stocks with the intention of squaring off the position within the same day settlement cycle. bonus through your account statement. Mobile Alerts: Receive SMS alerts for all debits/credits as well as for any request which cannot be processed. Derivatives (Futures and Options) and other financial products. Countrywide network of over 235 branches. Digitally Signed Statement: Receive your account statement and bill by email. Cash position is meant to be settled by delivery. Mutual funds. Corporate Benefit Tracking: Track your dividend. you need to have 100% of the order value in your available limit/funds. your intention is to pay for and receive the shares in your Demat 17 SLIBM-AHM • . • Dedicated customer care executives specially trained at our call centre. For example. In our continuous endeavor to offer best of the class services to our customers we offer the following features: e-Instructions: You can transfer securities 24 hours a day.This is a delivery based trading system. Now with "Speak to transfer". which is generally done with the intention of taking delivery of shares or monies. Transactions. to handle all your queries. Mobile Request: Access your demat account by sending SMS to enquire about Holdings. 7 days a week through Internet & Interactive Voice Response (IVR) at a lower cost. Bill & ISIN details. which allows investor to invest in Shares. Cash Trading:. Simply put ICICldirect. Margin Trading: You can also do an intra-settlement trading up to 3 to 4 times your available funds. Trading in shares: 1. Product and Services A product for every need: offer investor a product for every investment need. Consolidation Demat Account: Dematerialise your physical shares in various holding patterns and consolidate all such scattered holdings into your primary demat account at reduced cost. 2. you can also transfer or pledge instructions through our customer care officer.ICICI Bank Demat Services boasts of an ever-growing customer base of over 11. you are never far from an ICICI Bank Demat Services is the most comprehensive website. And incase you wish to sell 100 ICICI shares you need to have 100% shares in your demat balance. When you place an order to buy 100 shares of Reliance in the cash segment. if you place an order to buy 100 shares of ICICI. the required cash or securities are blocked in full. interest.

anticipating that the price would rise. • Select the Buy/Sell option and the Stock for trading.g. • At the time of placing this order. on the position . Margin PLUS will give a much higher leverage in your account against your limits . How to place a Margin Plus order? • Allocate the funds for trading in Equity segment. if the price falls subsequently. if any. At the same time. wherein you take long buy/ short sell positions in stocks with the intention of squaring off the position within the same day settlement cycle. place a cover order for this position specifying the Stop Loss Trigger Price and the limit price. Say you decide your stop loss price at 3330. Margin PLUS offers an order placement feature through which you can take a intra-day position in the equity segment and at the same time.e. your intention would be to sell those shares subsequently in the same settlement at a higher price and thereby make a profit on the same. However. This cover order will help you to limit the loss. Margin PLUS Trading: Through Margin PLUS you can do an intra-settlement trading up to 25 times your available funds. if the same order were to be placed in the margin segment. You Buy 100 shares of INFTEC at 3400. • E. • Select the link "Margin Plus order" on the trading page. Sell 1 00 INFTEC at 3230 limit price and 3330 Stop Loss Trigger Price. • Auto Square off process to help you close your open positions at the End of the Day. You will then be required to state the limit price at say 5% lower level i. 18 SLIBM-AHM . your Stop Loss order will be triggered at 3330 and will get executed at the best available price between 3330 and 3230. • Margin Plus is available for intra day trading in more than 60 stocks on ICICldirect. you will be required to place a cover stop loss order. there may be a loss. (orders can be placed only during market hours) • The first Buy/Sell order can only be a market order. Hence if your view goes wrong and the price of INFTEC moves down. • Helps to limit your loss through a Stop Loss Order • Open Margin Plus positions can be closed any time before the End of Settlement timings as specified by ICICldirect. also select a cover Stop loss trigger order.

4. BTST® is for you. This facility is currently available in over 11 major states across India. Spot Trading: -This facility can be used only for selling your demat stocks which are already existing in your demat account.BTST (BUY TODAY SELL TOMORROW): -Buy Today Sell Tomorrow (BTST) is a facility that allows you to sell shares even on 1 5t and 2nd day after the buy order date. If you have you ever missed making a huge profit because you had bought the shares just one day back and you could not sell them as they were not credited to your demat account? 2. 00000. com. BTST is relevant for Investor when: 1. CallNTrade®: Call Trade® allows you to call on a local number in your city & trade on the telephone through our Customer Service Executives. money is credited to your bank a/c the same evening & not on the exchange payout date. 'Cash on Spot' may work the best for you. If you have ever faced any of the above situations. The maximum limit of 'Cash on Spot' trades that you can enter into on a daily basis is Rs 10. If you have ever thought of an intermediate option between cash and Margin trades where in you could make profits on volatile shares within one or 2 days of your buying them without a compulsory square off? 4. On selling shares through "cash on spot". you can modify the Stop Loss order to a market order and close your position. as one days time does not allow realizing maximum profit? 3. Trading on NSE/BSE: Through ICICI direct. 7.If your position is favorable. If you have ever found that squaring off your cash based transactions within a day is not profitable. 19 SLIBM-AHM . When you are looking at an immediate liquidity option. 5. and INFTEC moves up to 3500. This money can then be withdrawn from any of the ICICI Bank ATMs. without you having to wait for the receipt of shares into your demat account. • Currently offer S&P CNX NIFTY and CNX NIFTY JUNIOR scripts are available in 'Cash on Spot'. 6. you can trade on NSE as well as BSE.

you can leverage on your trading limit by taking buy/sell positions much more than what you could have taken in cash segment. The Buyer of a Put Option has the Right but not the Obligation to Sell the Underlying Asset at the specified strike price by paying a premium whereas the Seller of the Put has the obligation of Buying the Underlying Asset at the specified Strike price. By paying lesser amount of premium. which is called premium. which meet the criteria on liquidity and volume. 2. For this. 2. the buyer has to pay to the seller some money. OPTIONS 1. Presently only selected stocks. you can now trade in index and stock futures on the NSE. you make a profit. which is defined by you.8. The execution can happen at a price more favorable than the price. the price moves in your favor (i. Market Order: You could trade by placing market orders during market hours that allows you to trade at the best obtainable price in the market at the time of execution of the order. In futures trading. An option is a contract. Trading in FUTURES is simple! If. rises in case you have a buy position or falls in case you have a sell position). during the course of the contract life. on or before a specific date. which gives the buyer the right to buy or sell shares at a specific price. 4. 3. have been enabled for futures trading. you can create positions under OPTIONS and take advantage of more trading opportunities 20 SLIBM-AHM . limit orders can be placed by you during holidays & non-market hours To take the buy/sell position on index/stock options. With options trading. Limit Order: Allows you to place a buy/sell order at a price defined by you. TRADE IN DERIVATIVES: FUTURES 1.e. you have to place certain % of order value as margin. 3. There is no obligation on the buyer to complete the transaction if the price is not favorable to him. The Buyer of a Call Option has the Right but not the Obligation to Purchase the Underlying Asset at the specified strike price by paying a premium whereas the Seller of the Call has the obligation of selling the Underlying Asset at the specified Strike price. 9. Through ICICI direct. you take buy/sell positions in index or stock(s) contracts having a longer contract period of up to 3 months.

Tata MF. Birla Sun Life MF. HDFC MF. Deutsche MF. ICICldirect. Switch: To suit your changing needs you may wish to shift monies between different schemes. Just fill in the investment amount. UTI MF. Sundaram MF. The money will be credited to your bank account automatically 3 days after the order placement date. Birla Sun Life MF. Reliance MF. You can switch your monies online from one scheme to another in the same fund family without any hassles. Prudential ICICI brings you the same convenience while investing in Mutual funds also Hassle free and Paperless Investing. HSBC MF and Fidelity MF without the hassles of filling application offers you various options while investing in Mutual Funds: Purchase: You may invest/purchase Prudential ICICI MF. you can now invest on-line in 19 mutual Funds through ICICI direct. Redemption: In addition to giving hassle-free paperless redemption. ING MF. ING MF. Kotak MF. Kotak MF. CHOLA MF. there are no manual processes involved. Sundaram MF. Reliance will do the rest for you automatically investing periodically for you. Your bank funds are automatically debited or credited while simultaneously crediting or debiting your unit holdings. Alliance MF. Principal MF. UTI MF. Deutsche MF. You need no signatures or proof of identity for investing. DSP Merrill Lynch MF. 21 SLIBM-AHM . DSP Merrill lynch MF. With the inclusion of Fidelity MF. You can invest in mutual funds without the hassles of filling application forms or any other paperwork. Alliance MF. Principal MF. Tata ICICIdirect. Get to know the performance of your investments through online updation of MF portfolio with current NA V. You also get control over your investments with online order confirmations and order status offers faster liquidity. CHOLA MF. JM MF. HSBC MF and Standard Chartered MF are the Mutual Funds available for investment. Standard Chartered MF.Investing in Mutual funds: ICICldirect. Franklin Templeton MF. ICICldirect. HDFC MF. Franklin Templeton MF. JM MF. You can redeem the mutual fund units through ICICI direct. the period of investment and the frequency of investing and submit. Once you place a request for investing in a particular fund. Systematic Investment plans (SIP): SIP allows you to invest a certain sum of money over a period of time periodically.

prospectus/offer documents. Get in-depth analyses of new IPOs issues (Initial Public Offerings).com allows 3 in I account scheme for opening Demate account. keep on top of the IPO markets. In which 3 types of account will be opened. Demate account 2. recent IPO listings. 1. Surat ICICI bank-varacha branch. Trading account 3. Surat ICICI bank-Adajan branch. IPO calendar. Surat ICICI bank-Ring road branch. Transfer-in: You can convert your existing Mutual funds into electronic mode through a transfer-in request. • • • • ICICI bank-Athwelines branch. IPOs and Bonds Online: You could also invest in Initial Public Offers (IPOs) and Bonds online without going through the hassles of filling ANY application form! paperwork. which help you. Surat 22 SLIBM-AHM . Savings account in ICICI bank In Surat Demate account will be opened in Athwelines branch and savings account we can open in following any I branch and savings account will be opened at 0 balance. which are about to hit the market and analysis on these. and IPO analysis are few of the features. Schemes offered for opening Demate account ICICI direct.Systematic withdrawal plan: This allows you to withdraw a certain sum of money over a period of time periodically.

The following scheme will be offered for opening Demate account 23 SLIBM-AHM .

A+ compames Offline Demate alc with ICICI bank The client have a product of ICICI group AlC TYPE OF OPENING AlC CHARGES 750 3 in 1 750 3 in 1 BTST SCHEME Yes Yes 2YRS AMC FREE No No NOTES - 500 1 3 in 1 3 in 1 Yes Yes No No - Sl7A 1 or 250 3 in 1 Yes No - S17B 250 or 450 3 in 1 Yes No - S18 1 or 750 3 in 1 Yes No - S22 1 3 in 1 Yes No Products like: -life Insurance . A+ companIes ICICI has tie up with some A. home loans. A+ compames ICICI has tie up with some A. mutual fund.SCHEME SCHEME CODE NAME S-l Sl3 ~ S6I Sl7 Any kind of general customer Existing alc holder in ICICI bank ICICI group employees ICICI has tie up with some A. gold coin of 5 gm 24 SLIBM-AHM . general Insurance credit card.

mobile bill/ LIC premium receipts If customer not able to present any kind of documents from list B then he/she has to present list C + list D (both of combination) Following documents attached with Demate account form: 1. Annexure form 2.voter id / driving licenece List D: . Cheques of 1 Rs or 750 Rs 25 SLIBM-AHM . electricity bill.Documents needed icicidirect. Scheme form 4. pass port. List C: .bank pass book (nationalized bank only permitted).Pan card (compulsory) List B: . Pan card letter in case of icici bank account holder . telephone bill. Declaration form for opening Demate account with List A: . Resident proof from list B or list C + list D 6.

com The account opening charges for Idirect account is Rs.125% 0. demat account. Convenience: the 3-in-l accounts integrate your banking. broking and demat accounts. you can manage your own demat and bank accounts when you trade through ICICIdirect. 2. This enables you to trade in shares without going through the hassles of tracking settlement cycles.15% 0. writing cheques and Transfer Instructions.225% 0. In which savings account has zero balance facility.175% 0. Following are the brokerage structure for different products. Thereby giving you control over your own trades. 4.25% 0.55% 0.275% 0. trading account.75 Brokerage (for squared off order) Nil Nil Nil Nil Nil Nil Nil Effective (for squared off order) 0.375% 26 SLIBM-AHM .The ICICldirect Advantages: A Unique 3-in-1 account that gives you: 1. 3.30% 0. ICICIdirect.35% 0. 750.45% and place an order almost instantly. chasing your broker for cheques or Transfer Instructions provides savings account. Independence: Instead of transferring monies to a broker's pool or towards deposits. 1. Speed: You can now get the latest quotes of scripts on ICICIdirect. 99 per card.70% 0. And company also provides Debit card for annual charges of Control: You can be assured that you have in fact placed an order at the price you always wanted to. but may not have been able to do so till now.35% 0. Cash transaction and BTST: - Total eligible turnover Above 5 crores 2 crores to 5 crores 1 crores to 2 crores 50 lakhs to 1 crores 25 lakhs to 50 lakhs 10 lakhs to 25 lakhs Less than 10 lakhs Brokerage (% of transaction value) 0. Brokerage structure of ICICIdirect.

04 0. 2.035% 0.125% of the turnover will be charged in addition to the brokerage on all delivery trades.04% 0.015% 0.02 0. Futures and options: - Margin and 0.0175 0.035 trades.03% 0. 27 SLIBM-AHM . Margin and margin plus: - Total eligible turnover Above 20 crores 10 crores to 20 crores 5 crores to 10 crores Less than 5 crores 3.1% 4.05% margin Total eligible turnover Futures Brokerage (%of transaction value) Effective brokerage (for squared off order) Total eligible turnover Options Brokerage (rupees) Above 20 crores 10 crores to 20 crores 5 crores to 10 crores Less than 5 crores 0. STT at the rate of 0.The minimum value of the order that will be accepted is 500rs.Cash on spot: .5 47.025 Above 20 lakhs 10 lakhs to 20 lakhs 5 lakhs to 10 lakhs 2 lakhs to 5 lakhs Less than 2 lakhs 65 70 75 85 95 Effect tive broke age (for squar doff order) rupee 32.5 42.017% of the turnover will be charged in addition to the brokerage on sell trades.025% of the turnover will be charged in addition to the brokerage on non.5 SERVICE TRANSACTION TAX (STT) STT at the rate of 0.03% 0.5 35 37. STT at the rate of 0.05 0.

investment.78 million). venture capital and private equity capital financing are fast attaining a role of prominence. It occupies the number one position in automobile financing (over 20% of the market share). ICICI Bank offers a wide spectrum of domestic and international banking services to facilitate trade. Uniquely positioned to take the Indian entrepreneur further is ICICI Venture Funds. and treasury and foreign exchange services.96 million).000 customers. 1994 and received its banking license from the Reserve Bank of India on May 17 th. Strong parentage and affiliates provide ICICI Venture with access to a broad spectrum of financial and analytical resources. access to global capital and a network through influential global alliances. and in the rapid deregulation of the Telecom sector. 1994. Its retail thrust has been on the planks of technology enabled low cost distribution channels like the Internet. ICICI VENTURE FUNDS MANAGEMENT COMPANY LIMITED With the recent spurt in entrepreneurship in the country. ICICI Bank’s Infinity was the first Internet banking service in the country. An affiliation with (Trust Company of the West) provides a platform for networking Indian Companies to global markets and technology.Profile of the Organisation 3. This is in addition to a whole range of deposit services offered to individuals and corporate bodies. Call centers and ATMs. 28 SLIBM-AHM . The financial institution sees significant opportunities in the power sector. They expect these to remain thrust areas in the future too. ICICI BANK ICICI Bank is a commercial banking outfit set up by the ICICI Group. The Bank is connected to the international SWIFT network since March 1995. On the retail side. corporate financing and retail have been the strong pillars of ICICI's growth. It also has a growing presence in home finance and on-line trading. The branches are fully computerized with state-of-the-art technology and systems. The first ICICI Bank branch was started in Madras in June 1994. of which subscribed and paid-up capital is INR 165 crore (USD 41. Currently the Bank has around 150. and a prelude to banking in the next millennium. number one in credit cards on an incremental basis. with its keen understanding of the Indian Financial Markets. entrepreneurial ethos. cross-border business. ICICI has established a retail franchisee through a physical presence across 42 cities. The Bank was registered a banking company on January 5th.1 DEPARTMENT/FUNCTIONAL AREAS Infrastructure financing. ICICI Venture Funds currently manages / advises 11 Funds aggregating US$ 400 million. All of them are fully networked through V-SAT (Satellite) technology. The Bank has an authorized capital of INR 300crore (USD 75. the wholly owned subsidiary of ICICI.

sought after by finance. have become industry standards. Updates. I-SEC is acknowledged to be at the forefront of all new developments in the Indian debt market. Bidding (especially for Telecom Projects) 29 SLIBM-AHM . The range of products offered by i-SEC includes: • Corporate Finance – Mergers and Acquisitions. The Project Finance Group has helped take strategic projects from the drawing board to financial closure. Equity. ICICI Venture seeks to invest in opportunities where its network through ICICI and TCW can create value for all involved. most respected names in Indian business and industry. the investment focus being on • • • • Information Technology Biotechnology and Life Sciences Media and entertainment Retail Services ICICI SECURITIES AND FINANCE COMPANY LIMITED Formed in 1993 when ICICI’s Merchant Banking Division was spun off into a new company. spin-offs and mergers. Compendia. leveraging the expertise of parent organization. for both domestic and overseas clients. I-SEC has also executed several assignments in M & A. ICICI Venture’s primary investment objective is capital investment through investments by way of equity or equity-related securities in unlisted companies with significant growth potential. with the highest standards of professionalism. business and reputed publications alike. I-BEX and sovereign Bond Index. I-SEC today are India’s leading Investment Bank and one of the most significant players in the Indian capital markets. Its client list includes some of the best known.making it the most significant private equity investor in the country. and I-SEC offers them what are probably the widest. ICICI Venture’s investments span a broad spectrum of industries and stages of development. ISEC Research Reports. The investment experience of ICICI Venture’s professionals is the foundation its strengths and success in several areas of investing. including business valuations. most in-depth range of services in the market. Backed by a strong distribution network.

Syndication. Sectoral and Company Research I . at every step in life. one of the finest Life insurance companies in the world.. Broking. we offer specific products to suit your needs for savings. We aim to keep you covered. Sales. This means that no matter where in life you are.SEC Continues to sustain a steady rate of growth by offering the most extensive range of services combined with unrivalled standards of professionalism.K.• Fixed Income – Primary Dealership. Trading. We are a joint venture between ICICI and the leading financial services provider in India. ICICI BROKERAGE SERVICES LIMITED Set up in March 1995. Underwriting. ICICI Brokerage Services is a 100% subsidiary of I-SEC. Together we provide you with an extensive range of insurance products to suit your various needs at various life stages. It commenced its securities brokerage activities in February 1996 and is registered with the National Stock Exchange of India Limited and The Stock Exchange. Private Equity placement. Our products can be categorized into the following: • Saving plans • Protection plans • Retirement plans 30 SLIBM-AHM . Their policies are need-specific and address particular age groups. Mumbai. protection and retirement. Debt Research • Equities – Lend management. and prudential plc of U.

primary market placements & distribution industry & company research etc. with the objective of providing stock broking services to the institutional clients and undertaking activities such as underwriting. 1997 under the new section 45IA of the Reserve Bank of India Act.ICICI PERSONAL FINANCIAL SERVICES LIMITED ICICI Personal Financial Services Limited (ICICI PFS). After the amalgamation of SCICI with ICICI effective from April 1. As on date the company has set up 91 centers across the country. ICICI CAPITAL SERVICES LIMITED ICICI Capital Services Ltd. 1996. ICICI INFOTECH ICICI InfoTech is a leading provider of end-to-end IT solutions. resulting in the change of the name. the name of the Company was changed from ICICI Credit Corporation to ICICI Personal Financial Services Limited (ICICI PFS) effective March 22. was one of the first four companies to obtain registration as a Non-Banking Financial Company (NBFC) from the Reserve Bank of India (RBI) on September 10. including auto loans. Our service portfolio includes the following:  IS & IT Consulting 31 SLIBM-AHM . formerly ICICI-Credit. It is now a focal point for marketing and distribution of all rental asset products for ICICI. The company is mandated. consumer durable finance and other financial products. In view of this reorientation of the business. was incorporated in the name of SCICI Securities Ltd. During the year 1998-99. We have an in-depth experience of having worked on varied technologies with leading corporations worldwide. under review by ICICI. on September 24. 1934. to carry out on its behalf the retail resource raising activities and to provide front office services related to all retail and semi retail liability products of ICICI. 1999. The company also operates the network of ICICI Centers being set up by ICICI. there was a significant shift in the Company’s operation from leasing to hire purchase to distribution and servicing of all rental products for the ICICI Group. 1994 as a wholly owned subsidiary of erstwhile SCICI Ltd. The Company has thus become part of ICICI’s retail strategy aimed at offering a comprehensive range of products and services to retail customers.

COM (ONLINE SHARE TRADING): ICICI Direct. everything happens completely online? The 3-in-1 e-invest account integrates your is a truly online share-trading site. bank and one or more depository accounts to make sure that you can do the otherwise cumbersome share trading from the comfort of your home or office. Its products are        RBI Bonds E-invest (ICICI Direct.) Application Re-engineering and Management Knowledge Management Solutions Embedded System Applications Technology Incubation. IT-enabled Services & IT Outsourcing ICICI Capital Ltd. Which means that from the time you punch in a buy or sell trade on your computer to the final settlement in your Fixed Deposits Mutual Funds Bonds Demat Equity IPO ICICI DIRECT.       Software Design and Development Enterprise Application Integration Value Chain Management Solutions (SCM. at absolutely any time of the day or night 32 SLIBM-AHM . CRM etc.

The profit from the manufacturing activities of the Company is lower mainly due to a. a particular customer in the two wheeler market witnessed a steep decline in the sale of a model for which UFSL is supplying the Carburettors Key Ratios 2005-06 2004-05 Net Profit Ratio (PAT/Sales) 14.59 Months Dividend Pay-out Ratio 17 15.250 million on sale of investments.86 Months 1. price reduction offered to customers b.Equity Ratio 0. increase in the input and raw materials cost c. Upgraded product design and development facilities to develop new products and aid diversification 3. Decline in the sale of Carburettors for two wheelers and four wheelers had contributed to the overall sales downturn though the Company has improved the sale of MPFI parts to passenger cars.2. There is a decrease of 4% from the previous year. Competition from cheap imports 33 SLIBM-AHM . Team of talented and committed professionals available to improve companies performance Weakness 1.3 SWOT ANALYSIS OF THE COMPANY: Strengths 1. the Profit after Tax has registered an increase of 42% compared to previous year.25 Months Creditors Turnover (Creditors/Purchases)1.377 million Due to inclusion of an extraordinary profit of Rs.18 Months 1.3.13 Current Ratio (Current Assets/Current Liabilities) 1. 3.49 9.55:1 Debt . Management philosophy and commitment to maximize shareholders returns 2.49 Net Profit Ratio (PAT/Net worth) 22.21 18.602 million. The profit after tax of the Company for the year under review is Rs.2 PERFORMANCE AND OPERATIONS The Sales turnover of the Company during the year was Rs.67:1 2.47:1 0.37 .04:1 Debtors Turnover (Debtors/Gross Sales) 1. Ongoing activities to support up gradation of operational performance and rise in productivity 4.

3. CNG and LPG vehicles poses new challenges for the company . The introduction of new emission norms will provide UFSL opportunity to develop injection systems and thereby upgrade the status of the company from product to system supplier. Increasing popularity of alternative fuel vehicles. Low customer base Opportunities 1. its retail thrust and a perceptible shift in financing from manufacturing projects to corporate finance will put it in good stead for the quarters to come. such as Hybrid. Opportunity to support AMTECs operations by supplying products from India 4. Risks & Concerns 1. Acquisition of AMTEC to provide opportunities to access global OEMs 3. Relentless pressure to maintain profitability due to rising input/raw material prices 3. Its growing importance in the telecom and infrastructural sectors. Hydrogen powered.2. Threats. UFSL has initiated development of products for diesel application. This will provide tremendous scope for diversification and growth 2. Constant pressure to be cost competitive to meet customer expectations 2. However. which have huge potential.4 FUTURE PROSPECTS AND PLANS OF THE ORGANIZATION For ICICI the past half has been a trying period more so because of the adverse environmental conditions such as the depressed equity markets and the volatile currency markets. will be a key driver of growth for the future 34 SLIBM-AHM .

Presiddent  Mr. Mukherji.S. Managinig Directore & CEO  Ms.A.Gopakumar P.  Mr.  Mr.Uday Chitale ICICI Securities Holdings.A. Chairman  Mr.Inc.Subir Saha Mr.V.Gopakumar P.Nitin Jain  Mr.Vishakha Mulye Mr.  Mr.Uday Chitale ICICI SECURITIES LIMITED  Mr.Managining irectore & CEO Ms.BOARD OF DIRECTORS OF ICICI SECURITIES LIMITED ICICI SECURITIES PRIMARY DEALERSHIP LIMITED       Mr.Nitin Jain 35 SLIBM-AHM . Kalpana Morparia  Mr.S.chairman Nitin Jain.Paresh Shah  Mr.Mukherji.Murugappam Mr.Subir Saha  Mr.Murugappan ICICI Securities INC.Nitin Jain  Mr. Kmath.V.K.. Vaidyanathan  Mr.

com www. 2ndFLOOR. Mr.Subir Saha  TYPE OF BUSINESS PHONE NO FAX NO WEB SITE BRAND NAME FOR ONLINE TRADING: 36 SLIBM-AHM .Anup Bagchi What is all about ICICI securities limited? General Information Name HEAD OFFICE :ICICI SECURITIES LIMITED :ICICI SECURITIES LTD.STANROSE HOUSE APPASAHEB MARATHE MARG PRABHADEVI MUMBAI-400025 :LIMITED COMPANY :+91 22 6651 1200 :+91 22 6651 1451 : www.A.Murugappan  Mr.icicidirect.icicisecurities.

OPP. lOLLY PLAZA B/H ASIAN SKY SHOP SURAT HEAD OF THE BRANCH Integrated Equity Solutions Provider :SUBHENDU DAS (AREA MANAGER)  Among the top branded retail service providers  Multi – channel access to clients  Tailor made research and products  Depository Services  Derivatives  Innovative product for enhanced performance  Best research team in the world 37 SLIBM-AHM .CHIEF EXECUTIVE OFFICER : ANIL KAUL BRANCH IN WHICH TRAINING PERSUDED: BABUBHAI CHAMBERS-1-2-3 ATHWAGATE.

ICICldirect. postal services. insurance of icici group (icici prudential life insurance and icici Lombard general insurance). margin plus. Online IPOs in India • • Leader in online trading in India (largest number of clients. • • First to launch: 1.About ICICI SECURITIES LIMITED • • • • • • ICICI securities ltd named its online division as ICICI direct. for cash as well as derivatives. Gal bonds.icicidirect. Digitally signed contract notes in India. BTST (buy today sell tomorrow). mutual funds. cash. Safest transaction capabilities varisign (secured stock layer with 128-bit enruption. products. Leading player today with • The site was also launched in 2002 and named it as www. Total hub office is a India's first largest B2C Ecommerce site. transactions. It acts as a discount brokerage house to a full service investment solutions provider It has specialized research product for the small investors and day traders Largest chain of Total centers office 356. margin trading. IPOs. cash on spot. 2. Region office 23. 38 SLIBM-AHM . 150 education and it is into retail Broking The business of the company overhauled 6 years ago in 2002. and offices in 860 cities all across • It offers its customers with the trade execution facilities on the NSE and BSE.

5. 39 SLIBM-AHM . " The Largest Online broker by customer trades and market share . 8. is awarded the " Most Preferred Brand in Financial Advisory Services" in the CNBC awaaz consumer Award 2007.BUSINESS INDIA. IBA (INDIAN BANK ASSOCIATION) business technology awards 2006 for improved customer experience and to gain competitive advantage are recognized for awards.ability to ICICI direct to servIces capital market broking transactions is highest. market.SEBI 9. 6. ICICI direct has the largest number of customers. ICICI direct. 10. Fast web genius of the web awards 2007 for online trading. Out Look Money NDTV Profit award 2007 for Best ebrokerage. The Nielsen Company conducts this survey -worlds foremost market research firm conducted study covering more than 10000 consumers across 42 segments in 21 cities and 13 small towns in 14 states across India.• Seamless trading environment (completely online integrated offering) AWARDS AND ACHIEVEMENTS 1. ease of trading and technology initiatives has made in the leader in Indian online trading market. IBA (INDIAN BANK ASSOCIATION) business technology awards 2007 for best online trading platform provide 4. 2. Awarded Asia's first web seal by KPMG a seal of assurance awarded to companies in the Internet world with control conscious business operations. 7. ICICI direct's transparency.highest broker ranking by CRISIL.

Those 3 varieties are: • Trading account • Demate account • Savings account Quality 40 SLIBM-AHM .SEVEN P'S OF ICICI securities limited ./ PRODUCT Product Variety ICICI securities limited offer 3 in 1 online trading accounts for its customers specially designed according to their volume in share trading.

User Friendly, attractive & colorful Website. Design The website of ICICI securities limited namely has been specially designed to facilitate its users to buy and sell shares in an instant at anytime and from anywhere they like. The site is user friendly allowing even a layman to easily operate without any hassles. Brand Name The company as a whole in its offline business has named itself as ICICI securities limited. The company has preferred to name themselves under a ICICI group company But in its online division started since 2000, the company preferred to name itself as "ICICIDlRECT.COM". The Brand Name "ICICIDlRECT.COM" itself suggests the business in which the company is dealing so that the consumer could easily identify the product or service category. Services ICICI securities limited offers its customers, depository services and trade execution facilities for equities, derivatives and commodities backed with investment advice tempered by decades of broking experience. The teams of its dedicated analysts are constantly at work to track performance and trends.

../ PRICE +:+ List Price Online opening charges: - 750 Rs. Annual maintenance charges: - 500 Rs. Per annum . ./ PROMOTION Online share trading is totally a new concept in Indian Market. Generally investor doesn't like to come out from conventional way of share trading. ICICI securities limited have introduced this product in India. The concept and Product are still new in the market. Therefore the company has undertaken extensive promotion campaign to create awareness about the product. ICICI securities limited adopt the following tools for promoting the product.


+:+ Advertising Company advertises its product through TV media on channels like CNBC, Print Mediain leading dailies and outdoors media. It advertises itself as an innovative Brand for online trading. Besides attractive and colorful brochures as well as posters are used giving full details about the product. Mails are sent to people logging on to sites like and; stalls are opened up now and then at places where prospective customers can be approached. +:+ Sales Promotion The Company offers account opening charge Rs.1 instead of Rs.750 for corporate accounts (more than 20 accounts) for companies like Essar, Reliance, and Kribhco, ongc etc. +:+ Sales Force The Company has an aggressive sales force, which is given incentives, based on their sales. The sales force is given intensive training continuously to their agents every week on Tuesday. +:+ Seminar The Company also arranges seminar in corporate world for creating awareness about the product. Recently, it had organized for a seminar in Ongc, Reliance, Kribhco, Pantaloon, Bigbazar, and GEB etc. .:. Direct Marketing Company emphasizes more on direct marketing, as many people are still not aware of this new way of smart trading. For this, the company recruits and trains sales representatives so as to explain the product and solve customer queries related to the product. This is the most effective way to communicate the three-in-one concept which company offers . • :. Telemarketing This is another promotional tool company is using to boost up its sales. For this, the company collects the database of the people belonging to different professional segments . ./ PLACE .:. Channels ICICI securities limited uses various channel alternatives to reach to its customers

through ~ Internet ~ T ele Marketing ~ Retail Share Shops ~ Franchisee Owners ~ Power Brokers ~ Sales Force .:. Coverage Access to the website from any part of the globe . • :. Locations ICICI securities limited have the largest chain of retail share shops in India. It has centers office 356, Region office 23, Total hub office 46, 150 education workshop, and offices in 860 cities located in all over India like Pune, Thane, Chennai, Kolkatta, Bangalore, Luckhnow, Darjleeng, Kanpur, Baroda, Midnapore, Surat, Delhi, Gaziabad, Hydrabad, Allahbad, etc


.:. Employees ~ Selection: Employees are selected on the basis of their experience and qualification as applicable to the job. ~ Training: Intensive training is provided to the employees till a week once they join and even at times required after that. ~ Motivation: The employees are motivated through incentives they are provided . • :. Research Team ICICI securities limited has a team of dedicated analysts who have years of working experience in the industries that they track, and a proven track record in using their knowledge of the investment science to deliver results . • :. Customers The heart ofICICI securities limited is really treated loyally like the kings. The customer

Locality of the office: In Surat.:. three franchise outlets are located in posh areas like Athwagate. And more offices are opened soon . The cordial and friendly atmosphere at office is like a full time motivation for the employees .care. Customers can open online trading account by filling a single application form. • :./ PHYSICAL EVIDENCE . All Indian residents and NRI are eligible to avail this service . according to Bloomberg topped the M&A league tables in 2003./ PROCESS . Our Fixed Income team for the last two years (CY 2004 and 2005) has been adjudged the “Best Bond House” in India by both Asiamoney and Finance Asia. and Cinema road. • :. . which comprises of highly trained executives operating from 9:30 to 8:00 p. • :. The equities team was adjudged the ‘Best Indian Brokerage House-2003’ by Asiamoney. Office Environment: The ambience within the office is what can make the customer feel comfortable in trading. Here. In this service organization. The Corporate Finance team.. Ring road. Here the process begins from the step when customer wants to open online trading account and ends when his account is actually activated . 44 SLIBM-AHM . the process involves adding 'value' or 'utility' so that the customers get full satisfaction for the money spent by them . • :.m .:. the ways in which the customers receive delivery of the service constitutes the process.

a number of opportunities and challenges have also been thrown open.  Customers satisfaction and awareness of ICICI Capital Services Ltd. This study is intended to identify the various concepts about demat and the online trading and its way of functioning ICICI provisions are not exposing to its customers extensively.Com 4. New markets have been opened. My project work programme was also directed to some particular targets and the main objective of the study are as bellow. The interplay of these factors on stock market requires a deep study about the pattern process and procedures and performance. Besides. new instruments have been developed. technical factors. It involves personal factors.3 SCOPE OF THE STUDY: Globalization of the financial market has led to a manifold increase in investment. 4.2 OBJECTIVES OF THE STUDY Every company has a particular goal.PROBLEM ANLYSIS: 4.1 STATEMENT OF THE PROBLEM Online trading and Demat are the two emerging concepts in the stock market. 45 SLIBM-AHM .  Study of ICICI Direct. Hence in this report an attempt has been made to link the potential customers and the ICICI Direct . and new services have been launched. A study without objectives can not reach the destination. business factors and economic (online share trading)  Study of dematerialization in ICICI Capital Ltd.

SAMPLING PLAN:  Sampling since segment wise investors in ICICI Capital Ltd. customers to ascertain the awareness and satisfaction level. 46 SLIBM-AHM . Sample considers of small investor. The study consists of analysis about customer’s awareness and satisfaction of ICICI Capital Ltd. are not available for the overall customers was considered for the study.  Population: (universe) customers of ICICI Capital services Ltd. large investors and traders of ICICI Capital Ltd. journals. For the purpose of the study customers 100 are picked up and their views solicited on different parameters. Hence sampling survey method was adopted for the purpose of the study.  Sampling size: A sample of hundred was chosen for the purpose of the study. Since due to time constraint non-probability sampling was chosen for the study. SOURCES OF DATA :   Primary data: Questionnaire Secondary data: are published materials such as periodicals. news papers.RESEARCH DESIGN OF THE STUDY The study is based on survey technique.  Sampling Methods: Probability sampling requires complete knowledge about all sampling units in the universe. Further applying simple statistical techniques has processed the data collected. 100% coverage was difficult within the limited period of time. and website. The methodology adopted includes  Questionnaire  Random sample survey of customers  Discussions with the concerned Personal interviews and informal discussions were held with ICICI Capital Ltd.

.com have been selected randomly for the study purpose and then the information revealed from the customers is analyzed and interpreted in the study. hundred customers of ICICI were randomly chosen for the purpose of the study in Surat.  Field Study: directly approached respondents. The data is collected through the direct interaction with the ICICI’s customers through questionnaires answered by them. were randomly picked up.4 DATA COLLECTION INSTRUMENT COLLECTION OF DATA THROUGH QUESTIONNAIRES: The data collected for the study purpose is through questionnaires. ORGANISATION OF FIELD WORK Initial field work has done for pre testing tools for data collection. 4. Hundred customers of ICICIdirect. 47 SLIBM-AHM . Sampling procedure: From large number of customers of ICICI Ltd.

 Since segment wise investors is not available in ICICI Capital Ltd.  Information is partly based on secondary data and hence the authentic of the study can be visualized and is measurable. DATA ANALYSIS AND INTERPRETATION 48 SLIBM-AHM . which is not a true representative of the population as a whole.4.5 LIMITATION OF STUDY  Since sample size is only 100. Overall concept is taken for the study.  Level of accuracy of the results of research is restricted to the accuracy level with which the customers have given their answers and the accuracy level of the answers cannot be predicted.

2 Different types of investors having ICICI Direct.Table No.1 Customers’ preference over other depository services in ICICI Direct. providing quality services as compare to other depository services Table Percentage of customers’ preference over other depository services in ICICI Direct. From the above showing statistics it is observed that in the survey 50% customers justify that ICICI capital Ltd. 5. 49 SLIBM-AHM .com Attributes Quality Service Safety Reach Vast variety of Service Nothing in Particular No. of Persons 50 20 12 4 14 Percentage 50 20 12 4 14 Chart No. 5.

3 Number of availed of the services in ICICI Direct. 50 SLIBM-AHM . Table Percentage of investors having ICICI 5. The above table shows that out of 100 customers. 58 customers are small investors and 32 customers are long term investors. 5.Small Investors 58 Long term investors 32 Traders 10 Chart No.

ICICI Direct.4 Number of customers aware of services offered by ICICI 5% 9% 32% Settlement Transmission of Securities Sell 'N' Cash 31% Mutual funds 23% Table No. SLIBM-AHM Capital 51 .Schemes/Services ICICI Direct.3 Percentage of availed of the services Settlement Transmission of Securities New Services Sell 'N' Cash Mutual funds No of Persons 32 9 23 Percentage 32 9 23 5 31 5 31 Chart No. ICICIDirect. 5. Settlement 26% Transmission of Securities Sell 'N' Cash 15% 17% 19% Mutual Fund Loans Against demat shares 13% 10% 52 SLIBM-AHM .com Settlement Transmission of Securities New Services Sell 'N' Cash Mutual Fund Loans Against de-mat shares No of Persons 100 70 64 Percentage 100 70 64 56 18 24 56 36 48 Chart No.Schemes/Services ICICIDirect. No of Persons ICICIDirect.4 Percentage of customers aware of services offered by ICICI Capital Ltd.

5 Customer’s awareness of the new services offered by ICICI Direct. 5. 5.Table No.5 Percentage of customer’s awareness of the new services offered by ICICI According to the survey 50% customers know the services through ICICI and 32% through ICICI agent 53 SLIBM-AHM .com Through ICICI Direct.Com 50 50% News Paper/ Broker Magazines 10 10% 8 8% Agents 32 32% Others 0 0 Chart No.

54 SLIBM-AHM .6 Percentage of customer’s first source of awareness Through ICICI Direct.Com itself and the agents.Table No.6 Customer’s first source of awareness Through ICICI Direct. 5. 5.Com 34 34% News paper Magazines 12 12% / Broker 14 14% Agents 34 34% Others 6 6% Chart No.Com 6% 34% 34% News paper / Magazines Broker Agents 14% 12% Others According to the survey the first source of information is ICICI Direct.

4.Com Satisfied Mostly Satisfied Neither Satisfied Unsatisfied / Unsatisfied Mostly Unsatisfied 55 SLIBM-AHM . 5.Table No. Then we can say that ICICI Direct.7 Percentage of customers’ satisfaction of the services of ICICI Direct.7 Customers’ satisfaction of the services of ICICI Direct.Com offers quality service that touches customers’ satisfaction level.Com According to survey 64% of customers are satisfied with the services of ICICI Direct .8 Customers’ satisfaction of the Demat services of ICICI and 24% are mostly satisfied. 5. Table No.Com Mostly Satisfied 24 24% Neither Satisfied Unsatisfied 10 10% Mostly Unsatisfied 2 2% Satisfied 64 64% / Unsatisfied 0 0 Chart No.

Com Mostly Satisfied Neither Satisfied/ Unsatisfied Mostly Unsatisfied Satisfied Unsatisfied 56 SLIBM-AHM . 12% of the customers are not satisfied. 5.8 Percentage of customers’ satisfaction of the Demat services of ICICI Direct. Table No.Com offers quality services in Demat section also.9 Customers’ satisfaction with the purchase and sales of ICICI Direct. 5.46 46% 22 22% 16 16% 12 12% 4 4% Chart No.Com According to the survey 46% are satisfied with the Demat Services of the ICICI Capital Ltd. So we can say ICICI Direct.

Com unsatisfied the customers.40 40% 26 26% 14 14% 8 8% 12 12% Chart No. So we can say purchase and sales section ICICI Direct.10 Customers’ satisfaction with the transmission of securities of ICICI Direct. 5.9 Percentage of customers’ satisfaction with the purchase and sales of ICICI Direct.Com.Com According to the survey only 40% of the customers are satisfied with Purchase and Sales of ICICI Direct. 5.Com Mostly Satisfied Neither Satisfied/ Unsatisfied Mostly Unsatisfied Satisfied Unsatisfied 57 SLIBM-AHM . Table No.

Com According to the survey 30% of the customers are satisfied and 22% of the customers are mostly satisfied with the transmission of securities of ICICI Direct. Table No. 5. So we can say that ICICI Direct.10 Percentage of customers’ satisfaction with the transmission of securities of ICICI Direct.30 30% 22 22% 32 32% 12 12% 4 4% Chart No. 5.Com unsatisfied the customers in case of transmission of securities of the customers.11 Customers’ satisfaction with the sell of their securities in cash Mostly Satisfied 20 20% Neither Satisfied/ Unsatisfied 10 10% Mostly Unsatisfied 0 0 Satisfied 70 70% Unsatisfied 0 0 58 SLIBM-AHM .Com.

Table No. 5. So we can say that ICICI Direct. Mostly Satisfied 34 Neither Satisfied/ Unsatisfied 24 Mostly Unsatisfied 4 Satisfied 38 Unsatisfied 0 59 SLIBM-AHM .11 Percentage of customers’ satisfaction with the sell of their securities in cash According to the survey 70% of the customers are satisfied with the sell in cash system of ICICI Capital Ltd.12 Customers’ satisfaction with the mutual fund service of ICICI Capital Ltd.Com satisfied the customers with the sell of customers’ securities in cash.Chart No. 5.

12 Percentage of customers’ satisfaction with the mutual fund service of ICICI Capital Ltd. So we can say that customer’s tendency is that they believe that Mutual Fund and Shares are performing as the same in the primary and secondary market and the mutual fund is the safest way to invest in the market. 5. 60 SLIBM-AHM .13 Percentage of customers’ satisfaction with the trading demos provided by the ICICI Capital Ltd. 5.38% 34% 24% 4% 0 Chart No. Table No. Mostly Satisfied 24 24% Neither Satisfied/ Unsatisfied 20 20% Mostly Unsatisfied 4 4% Satisfied 52 52% Unsatisfied 0 0 Chart No. According to the survey. 38% of the customers are satisfied with the Mutual fund services of ICICI Capital Ltd.13 Customers’ satisfaction with the trading demos provided by the ICICI Capital Ltd. 5.

14 Percentage of customers’ satisfaction with the periodic receipts and holding statements of ICICI Direct.Com 61 SLIBM-AHM . 5. 24% are mostly satisfied. So we can say that ICICI customers are attending the demo programmes and the ICICI employees can able to solve the queries of the customers. 4.According to the survey 52% of the customers are satisfied with the Trading Demos that are conducted by the ICICI Capital Ltd.14 Customers’ satisfaction with the periodic receipts and holding statements of ICICI Direct. Table No.Com Mostly Satisfied 18 18% Neither Satisfied/ Unsatisfied 16 16% Mostly Unsatisfied 32 32% Satisfied 20 20% Unsatisfied 14 14% Chart No.

Com. 62 SLIBM-AHM . Mostly Satisfied 48 48% Neither Satisfied/ Unsatisfied 12 12% Mostly Unsatisfied 14 14% Satisfied 16 16% Unsatisfied 10 10% Chart No. we can say that most of the customers are unsatisfied with this service of ICICI Direct.According to the survey.15 Customers’ satisfaction with the telephonic enquiries of ICICI Capital Ltd. So.Com.15 Percentage of customers’ satisfaction with the telephonic enquiries of ICICI Capital Ltd. 5. the 20% customers are satisfied and 18% customers are mostly satisfied with the periodic receipts and holding statements of the ICICI Direct. 5. Table No.

16 Customers’ satisfaction with the co-operation by the staff of ICICI Capital Ltd. we can say that most of the customers are satisfied with the telephonic service of ICICI Capital Ltd. 5. Mostly Satisfied 46 46% Neither Satisfied/ Unsatisfied 4 4% Mostly Unsatisfied 14 14% Satisfied 32 32% Unsatisfied 4 4% Chart No. 5.16 Percentage of customers’ satisfaction with the co-operation by the staff of ICICI Capital Ltd. 63 SLIBM-AHM . 48% of the customers are mostly satisfied and 16% of the customers are satisfied.According to the survey. So. Table No.

5.17 Customers’ satisfaction with the tariff structure of ICICI Direct.According to the survey. So. 32% of the customers are satisfied and 46% of the customers are mostly satisfied with the co-operation by the staff of ICICI Capital Ltd.Com 64 SLIBM-AHM . Table No. we can say that most of the customers are satisfied with the co-operation by the staff of ICICI Capital Ltd.Com Very High 12 12% High 14 14% Reasonable 72 72% Low 2 2% Very Low 0 0 Chart No. 5.17 Percentage of customers’ satisfaction with the tariff structure of ICICI Direct.

75% is reasonable because it is the only organization which deals with the primary and secondary market both. 8 persons are not satisfied with the format of holding or transaction statements. Table No.Com also has many investment options than any other organization. 7 persons are not satisfied attention given to the enquiries.According to the survey. Customers told me that the brokerage of 0.Com Schemes / Services Frequent reminders are given to ICICI for update the information Irregular receipt of Holding / Transaction statements Improper format of Holding / Transaction statements Improper attention given to the enquiries Billing problem Inadequate information No of Persons 24 22 16 14 10 14 Percentage 24% 22% 16% 14% 10% 14% According to the survey. 11 persons are not satisfied with the irregular receipt of holding or transaction statement. ICICI Direct.Com is reasonable.Com for update the information. 5 persons are not satisfied with the billing system and 7 persons 65 SLIBM-AHM .18 Customers’ satisfaction when dealing with the problems through ICICI Direct. 12 persons are not satisfied with the frequent reminders which are given to the ICICI Direct. the tariff structure of ICICI Direct. 5.

18 Percentage of customers’ rating of the services of ICICI Direct. 5.Com 0 0% 0 0 20% 0 18 40% 36% 28 60% 56% 4 80% 8% 0 100% 0 Chart No.are not satisfied with the information provided by the ICICI So.19 Customers’ rating of the services of ICICI Direct. we can say that these systems should be changed or modified by the ICICI Direct.Com.Com 66 SLIBM-AHM . 5. Table No.

So we can say that ICICI Direct. for quality services.19 Percentage of customers’ preference for ICICI Direct.Com is behind its competitors. Table No. But in case of rate charges and safety ICICI Direct.Com provides quality services than its competitors. 5. So.20 Customers’ preference for ICICI Direct. we can say that ICICI Direct. 67 SLIBM-AHM .Com over its competitors Quality Service 52 52% Rates charged 10 10% Nothing Particular 24 24% in Safety 8 8% Reach 6 6% Chart No.Com services should be increased to please its customers. 10% for rates charged and 8% for safety.Com over its competitors According to the survey 52% of customers justify their preferences for ICICI Direct.According to the survey 56% of the customers said that ICICI Direct.Com services are providing only 60% of its services to its customers.

5. Products ICICI Bonds ICICIDirect.20 Customers’ awareness of the products of ICICI Capital Ltd. 5.Table no. 68 SLIBM-AHM .com Mutual Fund Equity IPO Fixed Deposit RBI Bonds Tick 100 90 78 74 88 82 % 100 90 78 74 88 82 Chart No.21 Percentage of Customers’ awareness of the products of ICICI Capital Ltd.

100% awareness is feasible in case of ICICI Bonds and 90% in case of ICICI Direct.44 41 50 37 39 ICICI Bonds Equity IPO 45 Fixed Deposit Mutual Fund RBI Bonds According to the survey most of the people know all the products of ICICI Capital Services Ltd. Only the customers do not know few FINDINGS 69 SLIBM-AHM . FINDINGS & CONCLUSION 6.

ICICI Capital Services Ltd.  Printed account statements too are available for earlier. 6.  Transaction details for the traders done in the last month are available online. It allows to invest in shares. So for this ICICI Capital Services Ltd.2 SUGGESTIONS  Some customers feel that they are trained for ICICI Direct.  Investor can click to get online information on their open orders and traders customers are more satisfied with the quality services.. what will have to provide the details of investor’s account with Depository Participant. dispatch of the same should be taken place with no delay and this can be cross verified with the sender (dispatch section). With ICICIdirect.e. non-availability of telephone lines. mutual funds and other financial products. should create an awareness of what exactly mean by Mutual Funds and all other services of ICICI Capital Services Ltd. and the normal tendency of the customer are both investing in shares and in Mutual Funds are one and the same. orders that are routed to exchange are waiting in the queue to be executed can be viewed for their status. 70 SLIBM-AHM .com offers a wide choice of products for investing in the stock market. Many customers feel that batch of 15 are good for ICICI Direct.Com demo.  The depository participant will allow an investor to trade through any broker of his choice registered with the stock exchanges connected with National Securities Depository one can manage own de-mat and bank accounts directly and independently.  Survey reveals that most of the customers are not aware of the service of the Mutual Fund. so proper measures should be taken to overcome these problems.Com training.  Customers are facing over crowding. ICICIdirect.  After getting the printouts of the holding statement. Holding securities in electronic form gives some far-reaching advantages to the investors.  ICICIdirect.

Each departments doing their job very well comparing to the standard performance fixed by the management and it leads to overall good performance of the company. The ICICI official should conduct regular training demo classes for the new account holders. There existing a good relationship between employees and management The management taking keen interest for finding their weakness and try their level best to overcome this weakness BIBLIOGRAPHY Books and journals:ICICIdirect.3 CONCLUSION • • • • Icici broachers and leaflets 71 SLIBM-AHM . is performing very well in the field of online share trading business and having very good administration also.

cdslindia.html QUESTIONNAIRE Name:-…………………………………………… E mail:………………………………………….htm www. Websites:www.Periodical published by ICICI Capital 1) How do you justify your preference for ICICI Capital www. Journals published by ICICI Capital Ltd. over other Depository Services? o Quality Service o Reach o Nothing in Particular o Safety o Vast variety of Service 2) What are the different types of investors having.php o Small Investors o Long term investors 72 SLIBM-AHM .in/services/demat. ICICI

ICICI Direct.Com then how did they come to know about it? o Through ICICI Direct.? o ICICIDirect.o Traders 3) In which scheme are you holding your shares in ICICI Direct.Com o Broker o Others 7) Are you satisfied with the services of ICICI Direct.Com o Broker o Others 6) If you are not aware of the new services then who / what do you think should be the first source of information? o Through ICICI o Transmission of Securities o Mutual funds o Settlement o Sell 'N' Cash 4) Do you aware the services offered o Transmission of Securities o Mutual Fund o Settlement o Sell 'N' Cash o Loans Against de-mat shares 5) If you are aware of the new services offered by ICICI 73 SLIBM-AHM o News Paper/ Magazines o Agents o News Paper/ Magazines o Agents .com? o ICICIDirect.

Com? o Satisfied o Neither Satisfied / Unsatisfied o Unsatisfied o Mostly Satisfied o Mostly Unsatisfied 9) Are you satisfied with the purchase and sales of ICICI Direct.o Satisfied o Neither Satisfied / Unsatisfied o Unsatisfied o Mostly Satisfied o Mostly Unsatisfied 8) Are you satisfied with the Demat services of ICICI Direct.Com? o Satisfied o Neither Satisfied / Unsatisfied o Unsatisfied 11) Are the customers satisfied with the sell their securities in cash? 74 SLIBM-AHM o Mostly Satisfied o Mostly Unsatisfied o Mostly Satisfied o Mostly Unsatisfied .Com? o Satisfied o Neither Satisfied / Unsatisfied o Unsatisfied 10) Are you satisfied with the transmission of securities of ICICI Direct.

Com? o Satisfied o Neither Satisfied / Unsatisfied o Unsatisfied 15) Are the customers satisfied with the telephonic enquiries of ICICI o Satisfied o Neither Satisfied / Unsatisfied o Unsatisfied o Mostly Satisfied o Mostly Unsatisfied 13) Are you satisfied with the trading demos provided by ICICI Direct.o Satisfied o Neither Satisfied / Unsatisfied o Unsatisfied o Mostly Satisfied o Mostly Unsatisfied 12) Are the customers satisfied with the Mutual Fund service o Satisfied o Mostly Satisfied o Mostly Satisfied o Mostly Unsatisfied o Mostly Satisfied o Mostly Unsatisfied 75 SLIBM-AHM . ICICI Direct.? o Satisfied o Neither Satisfied / Unsatisfied o Unsatisfied 14) Are you satisfied with the periodic receipts and holding statements of ICICI Direct.

com over its competitors? o Quality Service o Nothing in Particular o Safety o Rates charged o Safety 20) Are the customers aware of the following products of ICICI Direct.? 76 SLIBM-AHM .o Neither Satisfied / Unsatisfied o Unsatisfied o Mostly Unsatisfied 16) Are the customers satisfied with the co-operation by the staff of ICICI Direct.Com? o 0% o 40 % o 80 % o 20 % o 60 % o 100 % 19) How do the customers justify their preference for o Very High o Reasonable o Very Low o High o Low 18) Overall how the customers rate the services of ICICI o Satisfied o Neither Satisfied / Unsatisfied o Unsatisfied o Mostly Satisfied o Mostly Unsatisfied 17) Are the customers are satisfied with the tariff structure of ICICI Direct.

com o Equity IPO o RBI Bonds 21) Have the customers faced any problem while dealing through ICICI Direct.Com or customers are unsatisfied with the below mentioned schemes / services? o Frequent reminders are given to ICICI Direct.o ICICI Bonds o Mutual Fund o Fixed Deposit o for update the information o Irregular receipt of Holding / Transaction statements o Improper format of Holding / Transaction statements o Improper attention given to the enquiries o Billing problem o Inadequate information 77 SLIBM-AHM .

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