PROJECT REPORT ON
“Mutual fund simplified”
AT
ICICI SECURITIES
SUBMITTED TO:
SHRI CHIMANBHAI PATEL INSTITUTE OF
MANAGEMENT AND RESEARCH, AHMEDABAD
(2013-2015)
In partial fulfillment or the requirement for the degree of
Master of Business Administrator
Gujarat Technological University, Ahmadabad
Prepared By
HINGAL SATYADEV
ENROLLMENT NO. :- 137680592120
1* Year (SEM II)
Under the guidance of:
Internal guide: External guide:
Prof. Priyanka shah Mr. Shatis Bhalara
Mr. Bhumis PatelDECLARATION
I Hingal Satyadev student of Shri Chimanbhai patel institute of
Management and Research, Ahmedabad hereby declare that the information presented
in this report is correct to the best of my knowledge and has been prepared on the
basis of information gained. It is collected and processed for utilizing my learning in
the class of marketing management
‘The report is an original work and has nol been presented anywhere before,
HINGAL SATYADEV
Roll no:44
ENROLLMENT NO.
137680592120
MBA (SEM II)
Place: AHEMEDABADACKNOWLEDGEMENT
This successful project report has been made possible through the direct co-
operation and guidance of various people for whom T wish to express my appreciation and
gratitude.
First of ull would like to express my sincere gratitude to our department that has
given me an opportunity and special thanks to my guide PROF. PRIYANKA SHAH
(Marketing Specialization) who have always provided me guideline whenever needed.
[extend my heartiest thanks to Mr. Shatis Bhalara (BRANCH MANAGER OF
ICICL SECURITIES RAJKOT BRANCH) and Mr. Bhumis Patel (TRAINER) who have
given me an opportunity to work under him and help me to complete my project in ICICI
SECURITIES
I would like to acknowledge the advice and suggestion of all the staff member of
ICICI SECURITIES who have directly or indirectly helped me in the project. Last but not in
least I offer my sincere thanks to my parents, cousin and friend for their encouragement.
THANKING YOU
HINGAL SATYADEVEXECUTIVE SUMMARY
It presents an introduction to the thesis and throws light on the introduction on mutual
fund awareness of the customers and its current scenario, Further the chapter gives an
overview of the mutual fund. And also deals with the research work done in the field of the
different constructs identified for the present study. These include the measurement of the
customer awareness. The research work done in the field of finance with a particular
reference to the investment of mutual fund.
Also presents an overview of the ICICI SECURITIES and the services of the ICICI
SECURITIES. And also explain the Research Methodology adopted for catrying out the
research work. And while examining customer awareness towards mutual fund, adapted
Microsoft excel was used for the present study
All the constructs are exhibited below with their dimensions and shows the overview
of pattern of analysis which is adopted, data collection method, sampling details, research,
instrument, construction of questionnaire, ete.
And also summarizes the main findings and conclusions of the study. Moreover, in
the light of these findings, appropriate suggestions have also been worked out. The references
from which the data were collected. And also shows the various name of websites from
which the data were collected.
Annexure contains the questionnaire and the detailed report is enclosed here withTABLE OF CONTENT
PARTICULAR
INTRO. TO THE INDUSTRY
INTRO.TO THE COMPANY AND PRODUCT,
LITERATURE REVIEW
RESEARCH METHODOLOGY
ANALYSIS
CONCLUSION
BIBLIOGRAPY
ANNEXURECHAPTER NO. 1
INTRODUCTION OF INDUSTRYHISTORY
‘The mutual fund industry in India started in 1963 with the formation of Unit Trust of
India, at the initiative of the Government of India and Reserve Bank of India,
Unit Trust of India (UTD) was established in 1963 by an Act of Parliament. It was set
up by the Reserve Bank of India snd functioned under the Regulatory and administrative
control of the Reserve Bank of India. In 1978 UTI was de-linked from the RBI-and the
Industrial Development Bank of India (DBI) took over the regulatory and administrative
control in place of RBI. The first scheme launched by UTI was Unit Scheme 1964. At the end,
‘of 1988 UTI had Rs. 6,700 corers of assets under management.
1987 marked the entry of non-UTI, public sector mutual funds set up by public sector
banks and Life Insurance Corporation of India (LIC) and General Insurance Corporation of
India (GIC). SBI Mutual Fund was the first non-UT! Mutual Fund established in June 1987
followed by Canbank Mutual Fund (Dec 87), Punjab National Bank Mutual Fund (Aug 89),
Indian Bank Mutual Fund (Nov 89), Bank of India Jun 90), Bank of Baroda Mutual Fund
(Oct 92). LIC established its mutual fund in June 1989 while GIC had set up its mutual fund
in December 1990,MEFs’ AUM touches record-high of Rs 10 lakh crore in May.
‘The mutual fund industry's assets under management have crossed Rs 10 lakh crore
marks in May on the back of strong capital inflows and a surge in equity markets.
‘The assets under management (AUM) of mutual funds rose to Rs 10.11 lakh erore in
May from Rs 9.45 lakh crore in April, a growth of seven per cent, according to the data
available with capital market regulator SEBL
This was also the third consecutive monthly increase in AUM of country’s 45 fund
houses. The AUM data for individual fund house is not being disclosed.
Industry experts attributed the rise in AUM to a significant level of fund mobilization
as well as a sharp rally in equity markets,STRUCTURE OF THE MUTUAL FUND
ee = ss
TRUSTEE SPONSOR
OPERATIONS |4_ AMC
= Ws
FUND MANAGER
MKT. / SALES ¥ MKT. / SALES|
L___» meme FUND
—sowtes [pistareuron)
ao ~—!
‘Structure of Mutual Funds
Source: - mutualstocks.blogspot.in> TYPES OF MUTUAL FUNDS
Mutual funds can be classified in different ways according to their
investment objectives, their constitution, as follows:
Equity Fund
Debt / Income Funds
Balanced Funds
Liquid / Money Market Funds
Closed Ended funds
Open Ended Funds;
Loud Funds
No Load FundsADVANTAGES OF MUTUAL FUND INVESTMENTS
Professional management
Diversification
Convenient administration
Return potential
Low cost liquidity
Transparency
Flexibility
Choice of scheme
Tax benefitsSCOPE OF MUTUAL FUND
Scope of mutual fund has grown enormously over the years. In the first age of mutual
funds when investment management companies started to offer mutual funds, choices were
few. Even through people invested their money in mutwal funds as these funds offered them
diversified investment option for the first time. By investing in these funds they were able to
diversify their investment in common stocks, preferred stocks, bonds and other financial
securities. At the same time they also enjoyed the advantage of liquidity. With mutual funds,
they got the scope of easy access to their invested funds on requirement.
But in today's world, scope of mutual funds has become so wide, that people
sometimes take long time to decide the mutual fund type, they are going to invest in several
investment management companies have emerged over the years who offer various types of
mutual funds, Each type carrying unique characteristics and different beneficial features.
‘To understand the board scope of mutual funds we need to discuss the main types of
‘mutual funds that are normally offered by the mutual companiesOBJECTIVES
Here are some of the main forms of mutual fund objectives that we commonly see:
Srowth Mutual Funds ~ Probably the most common mutual fund objective is investing
for growth. What investor doesn’t want growth right? Even income investors want
growth. A growth mutual fund simply wants his assets to appreciate over time» Growth
mutual funds are generally invested ptimatily in the stock market and ineludestock
market sectors from small to large cap.
Income Mutual Funds — The second more common mutual fund objective is investing
for income. Many investors ~ typically those who are older and looking for cash flow to
supplement their income ~ want an income distribution from their investment. Income
mutual funds typically will distribute cash payments based on how many shares you own
every month and the income generally vaties over time, Most income mutual funds will
invest in all types of bonds as well as,some high quality dividend paying stocks and
hybrids like preferred stocks.
Socially Responsible Mutual. Funds — Some investors prefer to invest with social
responsibility as their focus, There are various types of socially responsible mutual
funds. A socially responsible mutual fund will either invest FOR an objective (for
example green. energy) or AGAINST an objective (avoiding alcohol, tobacco and
firearms).
Sector Mutual Funds ~ Some mutual funds will invest only in a specific sector, such as
biotechnology ot healthcare. This provides them exposure to advances in smaller
sections of the economy, such as when money floods into technology seciors due to the
advent of a fuster computer chip or more stable programming pl
‘There are many types of mutual funds, and classifying them by objective is just one
method. Other methods include size of the assets invested in, style of the manager or the
asset class exposure itself.CHAPTER NO. 2
INTRODUCTION OF THE COMPANYICICI SECURITIES
ICICI Securities empowers over 2 million Indians to seamlessly access the capital
market with ICICIdirect.com, an award winning and pioneering online broking platform. The
platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futures,
Mutual Funds but also other services Fixed Deposits, Loans, Tax Services, New Pension
1ce are available. ICICKdirect.com offers a convenient and easy to use
platform to invest in equity and various other finaneial produets using its unique 3-in-1
account which integrates customer's saving, trading and demat accounts.
Apart from convenience, ICICIdirect.com also offers access to comprehensive
research information, stock picks and mutual fund recommendations among other offerings.
Tailored services and trading strategies are available to different types of customers; long,
term investors, day traders, high-volume traders and derivatives traders to name some.
[CICIdirect.com uses the most advanced commercially available 128-bit encryption
technology enabled Secure Socket Layer (SSL), to ensure that the information transmitted
between the client and ICICIdirect.com across the internet is safe and cannot be accessed by
any third party.
ICICIdirect.com is the first broker in India to introduce “Digitally Signed Contract
Note’ to its customers. As a result, the process of generating contract notes has been
automated and the same would be instantly available to its customers in a safe and secure
manner through the website.
ICICI Securities has set-up neighborhood financial stores which offer a variety of
financial products and services under one roof, It is a one-stop shop that facilitates existing
and. potential Customers to speak to our team and understand their financial plans and goals.
ICICT Securities has 250 stores across 66 cities in IndiaABOUT ICICIDIRECT.COM
‘A unique 3-in-1 On-line Trading Account
mless, Secure and Integrated 3-in-1 trading platform... Our 3-in-I ontine trading
platform links your banking, trading and demat accounts, ensuring unmatched convenience
for customers.
Seamless Trading
You can trade in shares without going through the hassle of tracking settlement
cycles, writing cheques and transfer instructions. Absolutely hassle free!
Security
Instead of transferring monies to a broker’s pool or towards deposits, you can manage
your own demat and bank accounts when you trade through ICICIdirect.com. It provides you
the flexibility to pay only when you trade.
Wide range of products
Share trading in both NSE and BSE, innovative offerings like - Margin, Margin Plus,
BTST, and SPOT. Derivatives trading, overseas trading, mutual funds, mutual funds, [POs
and on-line life insurance,Award Winning Research
We understand the need for the right research to make the right investment decision
and has focused heavily n this ares. Our team with its consistent delivery has been voted as
the ‘Most preferred brand of financial advisory services’ at the CNBC Awaaz Consumer
Awards, 2007,
Control
‘You can be rest assured, that your order will be precisely for the amount you wanted
itto be, without any deviation, giving you full control of your money and your trades,
Tracking and Review
Monitoring your investments is as important if not more than making that investment
itself. Our portfolio tracker and watch list along with sms alerts will always keep you updated
‘on the status of your investments with us and act on them when required,SWOT ANALYSIS
Strength
The biggest strength of ICICI SECURITIES is the online portal for the investment
‘Company is pioneer in the online investment portal and at no, 1 for the best services and they
are having unique 3 in 1 account that no other broker is having. They are having user friendly
website having 27 unique investment tools from IPO to FD except MCX market.
Weakness
All companies are having some weaknesses ICICI SECURITIES is also having
weakness like the charges, ICICI SECURITIES are having the highest charges than other
brokers.
Opportunity
‘The biggest opportunity is that there are many customers who are not investing
through ICICIdirectcom and then also they are having account and using just research
recommendation and investing at other broker if they reduce charges than the investors likes
(o invest through ICICIdireet.com.
Threat
‘The biggest threat that ICICI SECURITIES is having that now a day's every
brokerage services are giving online facility and now a day's all banking companies like
HDFC, AXIS, etc. are giving online demat trading services.CHAPTER NO. 3
LITERATURE REVIEWMutual funds industry is a growing at a very fast rate India. Various studies and
research has been on this industry by experts. Here are the lists of few books that have been
referred to for the purpose of the study.
Mr. M, Jaidev in his book has “Investment policy and performance of Mutual Fund”
has studied the Indian Public Sector Mutual Funds. In this book he has covered risk, rate of
return. “Investment policy and pricing of mutual funds” In this book he has done an empirical
study covering all aspects of mutual fund investment along with the regulatory framework.
Nalini Prava Tripathy in her book “Mutual Funds in India Emerging Issues” provides
a detailed evaluation of investment management which is not only helpfull for influencing
marketing operations but also for securities selection, investment research and timing and
Dr H. Sadak in his book “Mutual Funds in India” has highlighted the importance of
financial institutions in India, The basic focus on the growth and development of mutual
funds in India. The entire gamut of the theoretical aspects of the fund management has been
critically examined in the context of the performance of mutual funds and it provides an
insight into fund management and the ateas of weakness.
Study by Laukkanen (2006) explains that vatied attributes present in a product or
service facilitate customer's achievement of desired end state and the indicative facts of study
show that electronic services Create value for customers in service consumption.
Source: - ysrdjournal.Gil-Bazo, Javier & Pablo (2009) have examined the market for equity mutual funds
and found that Funds with worse before-fee performance charge higher fees and that better
fund governance may bring fees more in line with performance,
Singh and Jha (2009) conducted a study on awareness & acceptability of mutual funds
and found that consumers basically prefer mutual fund due to return potential, liquidity and
safety and they were not totally aware about the systematic investment plan. The investors”
will also consider various factors before investing in mutual fund,
Chen, Kraft & Weiss (2011) have tested mutual funds that engage in tax planning and
how do they respond to changes in the capital gains tax rates was investigated. It was found
that there was consisteney with tax planning by managers of both open-end and closed-end
mutual fund and mutual fund managers may not wx plan like individuals because fund
managers have incentives to consider the tax liability of both current and potential investors.
Cao, Ghysels & Hatheway (2011) have investigated two types of funds that make
more extensive use of derivatives, global funds and specialized domestic equity fund and
found that risk and retum characteristics of these two groups of funds are significantly
different from funds employing derivatives sparingly or not at all and that Fund managers
time their use of derivatives in response to past returns,
www.indianresearchjournals.comCHAPTER NO. 4
RESEARCH METHODOLOGYPrimary sources for data collection will be used for the present study. A
reconnaissance survey will be made of the selected respondents to get acquainted with the
factors behind to start analysis. On the basis of the information gathered, a well designed
pretested interview schedule will be drafted and used in the field survey to collect primary
«lata, before undertaking the main survey a tentative,
Primary source:
Primary data had been collected by approaching the Investors.
Secondary source:
‘The sources of data are internet, magazines, newspapers,
Need for the study
This study is to know the customer awareness about the mutual fund and how
customers are investing their funds in the different investment like equity market, fixed
deposit, insurance etc. Secondly to know how the customer are investing online or offline
mode and how frequently the customers are doing online transaction, And if they are not
investing through ICICIDIRECT.com than what is the reason behind thatOBJECTIVE
¥- To know about preference of investor towards mutual funds,
¥ To study the investment rationale by mutual funds investors.
To know investor awareness about investment in mutual funds.
To know why investors are not investing in mutual fund.
DATA SET AND SAMPLE
‘The study suffers from certain limitations, although, the researcher will make every
possible effort for comprehensive study of investment pattern degree of risk and retum to
investors. Yet, non availability of adequate information may be key limitation in few cases,
the present study is confined only the area of RAJKOT. Thus the findings can be generalized
only to certain extent.Descriptive Research
Descriptive research is a research where in researcher has no control over variable.
It just presents the picture, which has already studied our research is based on Descriptive
study. Our research is aimed at collecting information by approaching 70 Investment Clients
of the company who are aware regarding the MUTUAL FUND and the online business.
Sampling Design
Sampling can be defined as the section of some part of an aggregate or totality on
the basis of which judgment or an inference about aggregate or totality is made. The
sampling design helps in decision making in the following area: -
Sampling Size - 70
Sampling Area - RAJKOT
Sampling Technique — Non probability convenience sampling
Method- survey method
Demographic data: ~ demographic data is not there in report because of comps
not given the permission to collect demographic data,CHAPTER NO. 5
ANALYSIS1) HAVE YOU INVES
LAST 12 MONTHS?
1) Equity
2 F&O
3) Mutual fund
TED IN ANY OF THE FOLLOW}
IN THE
4) Insurance
5) Corporate Fixed Deposit
6) Debentures
7) PPF
8) Others
INVESTORS CHOICE
Corona
a
ots)
Ped
Sad
27INTERPRETATION
‘The above pie chart talks about the customer investments, As we can see above that
26% people invest equity then ufter equity people most prefer insurance and then at the 3%
place mutual funds come into existence. People invest less in future and option and
debentures, So above chart can give us prediction of future.2) WHAT IS YOUR PREFERRED MODE OF INVESTMENT?
1) Online
2) Offline
3) NA
ang
Cog
29INTERPRETATION
The ratio of the customer using offline mode is higher than the customer using online
mode even though ICICI SECURITIES is providing the platform of all investment product
except MCX market the reason behind that is the feeling of insecurity and also less
knowledge of the online trading,3) HOW WOULD YOU PREFER TO MAKE YOUR
INVESTMENTS IN MUTUAL FUNDS?
nD
2
3)
4)
5)
ICICI DIRECT
BANKS
OTHER BROKERS
DIRECTLY AMC.
NOT INVESTING
eran as
31| t—“C:CSCSCSCSCSY z Es
INTERPRETATION
Investors are not aware about the mutual fund, they are using traditional mode of
investment and the investors are having charges problem with ICICI SECURITIES because
AMC's ate charging minimum. Secondly the major investors are not investing in mutual fund,
the ratio is 83% who are not investing in the mutual fund.4) BEFORE THE DEMO, WERE YOU AWARE THAT YOU CAN
INVEST IN MUTUAL FUNDS THROUGH ICICI DIRECT?
1b YES
2) No
ENN 9
33CaN Ny
32
Es :
INTERPRETATION
Before the demo only 45% of the customers know that ICICIDIRECT.com is giving a
platform to invest in mutual fund and the other 55% are not aware about that so that may be
also a major reason for not inyesting in mutual fund through ICICIDIRECT.com.5) IF YES, WHAT ARE THE REASONS FOR NOT INVESTING IN
MUTUAL FUNDS THROUGH ICICIDIRECT.COM?
1) NEED MORE ASSISTENCE.
2) NEED MORE KNOWLEDGE.
3) NOT INTRESTED TO INVEST BY ICICI DIRECT
4) DO NOT INVESTING IN MUTUAL FUND
35INTERPRETATION
In the above table we can see that 7% customers are not investing in the mutual
fund. And the other 23% wants more knowledge or the assistance from ICICI SECURITIES.
So this is the reason for not investing in the mutual fund through ICICIDIRECT.com.6) WHICH OF THE FOLLOWING ONLINE TRANSACTIONS HAVE
YOU DONE IN THE PAST?
1) BUY MOVIE TICKETS ONLINE
2) BOOK FLIGHTS/TRAINS ONLINE,
3) BOOK HOTELS ONLINE
4) BUY MERCHANDIS ONLINE
5) USE NET BANKING
6) NOT DOING ANY ONLINE TRANSACTION
nar
37rar oy ara
Toray
INTERPRETATION
In the above table and diagram we can see that 30% of the customers are not doing,
any kind of online transaction and ICICIDIRECT is giving online platform to the customer so
30% are not doing online transaction so they are not comfortable with online investment and
rest of 70% ate doing online transaction so that if they are comfortable with online
investment.7) WHICH MEDIUM OF NEWS INFORMATION AND ANALYSIS DO
YOU USE TO KEEP YOURSELF INFORMED ON INVESTMENT.
PRODUCTS?
1) DISCUSS WITH FRIENDS AND FAMILY
2) CHECK FINANCIAL WEBSITES
3) ASK FINANCIAL ADVISORS
4) CHECK MEDIA REPORTS
5) PREFER OWN RESEARCH
MEDIUM OF NEWS INFORMATION AND
ANALYSIS.
OWN RESE?
39MEDIUM OF NEWS INFORMS ae ees
Cory
INNIS)
INTERPRETATION
In the above table we can See that 35% of the customer are using own research for any
investment decision. 32% of the customers are taking advice from the friends and family.
18% of the customers are using financial websites. 5% are taking advices from the advisors.
10% of the customers are using media reports.8) HOW DO YOU CHECK THE PERFORMANCE OF ALL/ANY OF
YOUR INVESTMENTS?
1) Update investment details on the third party websites
2) Ask my financial advisor
3) My broker provides me the information
4) Other
cedar
Cacia
iret
41How do customer check the performance CD TEENS
Tora’
eer
INTERPRETATION
‘This information shows how customer check their investment performance, 37%
customers are updating their investment details on a third party websites, 11% customers are,
there who asks their finuneial advisor for the investment, 20% customers are there who wkes
advice from their brokers and 32% customers are there who have other ways to check the
performance of investment.9) WOULD YOU LIKE TO SWITCH RELATIONSHIP TO
ICICIDIRECT.COM?
1) YES
2)NO
RELATIONSHIP
43TOIT aaa
far
INTERPRETATION
‘The above table shows that 80% customer are having positive reply for the future
relationship and 20% are having negative reply for the future relationship, The reason behind,
negative reply is that either customers are not comfortable with the online platform or they
have some issue in the past and for the positive reply the reason is the premium services that
ICICI SECURITIES is giving to the customer.10) WHICH OF THE FOLLOWING SITE FEATURES DID YOU FIND
USEFUL IN THE DEMO?
1) CAPITAL GAIN STATEMENT
2) PORTFOLIO MONITORING
3) EASE OF PURCHASE AND REDEMPTION
4) PERSONALISED RESEARCH
5) OTHER
Coad
45Sen: EST ara
PTE
INTERPRETATION
‘The above table shows the features which are helpful to the customer of the ICICL
SECURITIES. For 46% of the customers capital gain statement is very useful, for 38% of the
customer portfolio monitoring is very useful, for $2% of the customer believes that there is
ease of the purchase and redemption, for 37% of the customer personalized research is very
useful and for the 2% of the customer other features are useful.CHAPTER NO. 6
FINDINGSFrom the study we can understand that the customers are not investing in the mutual
fund through ICICIDIRECT.com here some findings are there.
Y Maximum customers are investing in the equity whether they are having expertise
knowledge or not but they are not investing in the mutual fund where their money is
invested by the expert fund manager.
Reason for not investing in the mutual fund is that only 45% of the customers. a
aware about that mutual funds are also available on the online portal of
ICICIdirect.com rest of 55% do not know about that.
Second reason for not investing in the mutual fund is the charges. ICICI
SECURITIES is charging for the buying mutual fund where online AMC’S are not,
charging for buying and know a day’s. all AMC’S are having their own online portal
and giving facility to purchase and sale of mutual fund,CHAPTER NO. 8
CONCLUSIONFrom this study we can say that the customers of the ICICI SECURITIES are not
much aware about the mutual fund investment so they are not investing in the mutual fund.
and the second reason for not investing in the mutual fund through ICICIdirect.com is the
charges that ICICI SECURITIES are taking for any mutual fund investmen
‘Talking about the services of the ICICI SECURITIES that are too good, the response
of the customer is positive with the services. ICICIdirect.com is the no. 1 platform for the
investment of an individual for online transaction which provides 27 types of products for the
investment
For any new investor the site is user friendly so easily he/she can understand and
invest properly and if he/she can’t predict the market than personalized research is also given
in the site so ICICIDIRECT.com is one of the best portals for online investment,CHAPTER NO. 9
SUGGESTIONAfter going through practical training in ICICI SECURITIES for making the
analytical report of a company, I would like to conclude some suggestion in order to achieve
the targets and to make its consumers brand loyal
¥ ICICI SECURITIES is giving the best service that any broker can provide but their
charges are high in comparison of any broker so the main suggestion to the company
is to reduce the charges if there is no compromise with the services,
Employees are opening accounts of new customers but they are not taking follow up
those customers are really taking the advantage of the services of the or not and there
are many accounts of customers even they have not logged in once fiom the opening.
of the account.
55% of the customers are not aware that mutual funds are also available on portal of
ICICIdirect.com so awareness programs should be done for the customers,
‘This is the suggestions for the ICICI SECURITIES.BIBLIOGRAPHYICICIdireet.com
ICI Clsecurities.com
ICICI prudential mutual fund fact sheet (June14)
vsrdjournal.com
mutualstocks.blogspot.in
indianresearchjournals.comANNEXURE» HAVE YOU INVESTED IN ANY OF THE FOLLOWING IN THE
LAST 12 MONTHS?
1) Equity
DEO
3) Mutual fund
4) Insurance
5) Corporate Fixed Deposit
6) Debentures
7) PPE
8) Others
¥ WHAT IS YOUR PREFERRED MODE OF INVESTMENT?
1) Online
2) Offline
3)NA¥ HOW WOULD YOU PREFER TO MAKE YOUR INVESTMENTS
IN MUTUAL FUNDS?
}) ICICI DIRECT
2) BANKS
3) OTHER BROKERS
4) DIRECTLY AMC
5) NOT INVESTING
¥ BEFORE THE DEMO, WERE YOU AWARE THAT YOU CAN
INVEST IN MUTUAL FUNDS THROUGH ICICI DIRECT?
1b) YES
2) NO
v IF YES, WHAT ARE THE REASONS FOR NOT INVESTI!
MUTUAL FUNDS THROUGH ICICIDIRECT.COM?
1) NEED MORE ASSISTENCE.
2) NEED MORE KNOW 2
3) NOT INTRESTED TO INVEST BY ICICI DIRECT,
4) DO NOT INVESTING IN MUTUAL FUND,¥ WHICH OF THE FOLLOWING ONLINE TRANSACTIONS
HAVE YOU DONE IN THE PAS’
1) BUY MOVIE TICKETS ONLINE
2) BOOK FLIGHTS/TRAINS ONLINE,
3) BOOK HOTELS ONLINE
4) BUY MERCHANDIS ONLINE
5) USE NET BANKING.
6) NOT DOING ANY ONLINE TRANSACTION
¥ WHICH MEDIUM OF NEWS INFORMATION AND ANALYSIS
DO YOU USE TO KEEP YOURSELF INFORMED ON
INVESTMENT PRODUCTS?
1) DISCUSS WITH FRIENDS AND FAMILY
2) CHECK FINANCIAL WEBSITES
3) ASK FINANCIAL ADVISORS.
4) CHECK MEDIA REPORTS
5) PREFER OWN RESEARCH¥ HOW DO YOU CHECK THE PERFORMANCE OF ALL/ANY OF
YOUR INVESTMENTS?
1) UPDATE INVESTMENT DETAILS ON A THIRD PARTY WEBSITES.
2) ASK FINANCIAL ADVISOR
3) MY BROKER PROVIDES ME THE INFORMATION
4) OTHER
¥ WOULD YOU LIKE TO SWITCH RELATIONSHIP TO
ICICIDIRECT.COM?
1) YES
2)NO
¥ WHICH OF THE FOLLOWING SITE FEATURES DID YOU
FIND USEFUL IN THE DEMO?
1) CAPITAL GAIN STATEMENT
2) PORTFOLIO MONITORING
3) EASE OF PURCHASE AND REDEMPTION
4) PERSONALISED RESEARCH
5) OTHERTHANK YOU