SUMMER INTERNSHIP PROJECT

ON

A BRIEF STUDY OF
PERCEPTION OF INVESTOR
TOWARDS “EQUITY MARKET”
AT ….
KARVY STOCK BROKING LTD.
MUZAFFARPUR

Submitted By Submitted To
Abhishek raj Mr. Brajesh kumar
PGDM 1st year (Cluster Head ,KSBL)
(Doon business school)

1
 CONTENT

TOPICS PG.NO

 Declaration 2
 Acknowledgment 3
 Executive Summary 5-6
 Company Profile 7-13
 Achievements 14-15
 Products Offered by Karvy 16
 Introduction to the Topic 17-20
 History Of Mutual Funds 21-24
 Types Of Mutual Funds 25-29
 Objective Of The Study 30
 Research Methodology 31-32
 Limitation of the Study 33
 Data Analysis. 34-39
 Findings 40-41
 Suggestions 42-44
 Conclusion 45-46
 Questionnaire 47-49
 Bibliography 50-51

2
 DECLRATION

I, SNEHA SINGH, a student of Masters of Business

Administration of Doon Business School hereby declare
that this project report is a result of culmination of my
sincere efforts and this submitted work is done by me
under the guidance of Mr. Shailesh Kumar (Cluster
Head/Corporate Mentor , Karvy Stock Broking Limited)
.I also declare that all the information collected from
various sources has been duly acknowledged in this
project report .

SNEHA SINGH

3
 ACKNOWLEDGEMENT

I am really happy and exited in representing this summer

training project report before you. I must express my
gratitude towards Karvy Stock Broking Ltd, Patna for
giving me an opportunity to work on this report.
I am very much thankful to our honorable Mr. Ritesh Raj
[Area Manager,KSBL.] , Mr. Shailesh Kumar [Cluster
Head & My Corporate Mentor, KSBL.], Mrs Anjali
Kumari[ Executive ,KSBL], Mr Shivanand Swami [
RM,KSBL] for giving me an opportunity and their
guidance which helps me in preparing this report.
At last I am also thankful to my friends, to all known and
unknown individuals and the respondents who have
given me their Information, constructive advise,
educative suggestion , encouragement, co-operation and
motivation to prepare this report.

By:
Sneha Singh

4
 EXECUTIVE SUMMARY

In fe w years Mutual Fund has emerged as a tool

for ensuring one’s financial well being. Mutual
Funds have not only contributed to the India growth story
but have also helped families tap into the success of
Indian Industry. As information and awareness is rising
more and more people are enjoying the benefits of
investing in mutual funds. The main reason the number
of retail mutual fund investors remains small is that nine
in ten people with incomes in India do not know that
mutual funds exist. But once people are aware of
mutual fund investment opportunities, the number who
decide to invest in mutual funds increases to as
many as one in five people. The trick
for converting a person with no knowledge of mutual
funds to a ne w Mutual Fund customer is to understand
which of the potential investors
are more likely to buy mutual funds and to use the right
arguments in the sales process that customers will accept
as important and relevant to their decision.
This Project gave me a great learning experience
and at the same time it gave me enough scope to

5
implement my analytical ability. The analysis and advice
presented in this Project Report is based on market
research on the saving and investment practices of the
investors and preferences of the investors for investment
in Mutual Funds. This Report will help to know about the
investors’ Preferences in Mutual Fund means Are they
prefer any particular Asset Management Company
(AMC), Which type of Product they prefer, Which
Option (Growth or Dividend) they prefer or Which
Investment Strategy they follow (Systematic Investment
Plan or One time Plan)

6
 COMPANY PROFILE

 Karvy, is a premier integrated financial services

provider, and ranked among the top five in the
country in all its business segments, services over 16
million individual investors in various capacities, and
provides investor services to over 300 corporate,
comprising the who is who of Corporate India.

 The birth of Karvy was on a modest scale in 1981. It

began with the vision and enterprise of a small group
of practicing Chartered Accountants who founded the
flagship company.

 KARVY with the help of highly qualified manpower,

cutting-edge technology, comprehensive
infrastructure and total customer-focus has secured
for the position of an emerging financial services
giant enjoying the confidence and support of an
enviable clientele across diverse fields in the
financial world.

Thus over the last 20 years Karvy has traveled the success
route, towards building a reputation as an integrated
financial services provider, offering a wide spectrum of
7
services. And we have made this journey by taking the
route of quality service, path breaking innovations in
service, versatility in service and finally…totality in
service. Our highly qualified manpower, cutting-edge
technology, comprehensive infrastructure and total
customer-focus has secured for us the position of an
emerging financial services giant enjoying the confidence
and support of an enviable clientele across diverse.

History
Karvy was established in the year 1983 and is now headed
by Mr. C Parthasarathy as Chairman. The group has more
than 30,000 employees, spanning 900 offices in about 400
cities and towns. In the mid-1990s, Karvy forayed into
stock broking and advisory businesses. Later, in the early
2000s, Karvy Corporate ventured into commodity trading.
With the introduction of currency trading, Karvy
corporate is also in the business of Forex trading.

8
 Evolution of karvy

 :1979-1980: karvy and company

 1981-1982: karvy consultant ltd
 1985-1986: Foray into capital market as registrars and
transfer agent
 1987-1988: first branch in Mumbai
 1990 : entry in to retail broking
 1994 : entry in to mutual fund services.
 1995 : corporate finance and investment banking.
 1996 : Jardine fleming invests in group companies.
 1997 :first registrar in the country to be awarded ISO 9002.
 2002 : launch of private client group (PCG ) desk.
 2004 : Jv with computer share limited , Australia
 2004 : merger of
karvy securities ltd with karvy stock broking ltd.
 2005 : karvy insurance broking private ltd.

9
BACKGROUND

The flagship company, Karvy Consultants Limited was

found with the vision and enterprise of a group of
practicing Chartered Accountants on a modest scale in 1981
in Hyderabad at initial stage it was very small in size. It was
started with a capital of Rs. 1,50,000, where it now has13
branches. It initiated with just one activity and later
carved roads into fields of registry and share accounting
as well. From then there was no stopping at all. A decade
of commitment, professional integrity and vision helped
Karvy achieve a leadership position in its field. It is
known to handle the largest number of issues ever in the
history of the Indian stock market in a particular year.
Thereafter, Karvy made inroads into a host of capital
market services, corporate and retail which proved to be a
sound business synergy. Today Karvy has access to
millions of Indian shareholders, besides companies,
banks, financial institutions and regulatory agencies. Over
the past one and half decades, Karvy has involved as a
veritable link between industry, finance and people.
In January 1998, Karvy became the first Depository
Participant in Andhra Pradesh. An ISO 9002 company,
Karvy· commitment to quality and retail reach has made
it an integrated financial services company. A SEBI
category 1 registrar, so far Karvy has handled over 675
issues as Registrars to public issues, processed over 52

10
million applications and is servicing over 16 million investors
from various locations spread over 205 cities.

KARVY MILESTONES

Karvy has traveled a success route over the past 25 years

and positioned itself as an emerging financial service
giant in which embeds the confidence and support of
enviable patrons across the financial world. Patrons are
also of diversified fields which includes over 16million
individual investors in various capacities and 300
corporate comprising the best out of the whole lot .Years
of experience of holistic financial services and expertise
in this industry has helped it gain the status it enjoys and
cherishes today.

11
12
WHERE KARVY STAND IN THE
MARKET?
KARVY is a legendary name in financial services, Karvy’s
credit is defined by its mission to succeed, passion for
professionalism, excellent work ethics and customer centric
values. Today KARVY is well known as a premier financial
services enterprise, offering abroad spectrum of customized
services to its clients, both corporate and retail. Services that
KARVY constantly upgrade and improve are because of
company’s skill in leveraging technology. Being one of the
most techno-savvy organizations. around helps company to
deliver even more cost effective financial solutions in the
shortest possible time. What bears ample testimony to Karvy’s
success is the faith reposed in company by valued investors and
customers, all across the country. Indeed, with Karvy’s wide
network touching every corner of the country, even the most
remote investor can easily access Karvy’s services and benefit
from company’s expert advice.
Some key points about KARVY :
•Every 50th Indian is serviced by karvy.
•Every 20th trade in stock is done by Karvy.
•Indian’s no.1 registrar and transfer agent.
•Every 6th investor in India invest through karvy.

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 ACHIEVEMENTS

 Among the top 5 stock brokers in India (4% of

NSEvolumes)

 First ISO - 9002 Certified Registrar in India

 India's No. 1 Registrar & Securities

Transfer Agents

 Handled over 500 Public issues as Registrars

 Among the top 3 Depository Participants

 Largest Network of Branches &

Business Associates

 Among top 10 Investment bankers

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 Largest Distributor of Financial Products

 Adjudged as one of the top 50 IT uses in India

byMIS Asia

 Full Fledged IT driven operatio

 Handling the Reliance Account which accounts

for

 Nearly 10 million account holders

15
PRODUCTS & SERVICES OFFERED BY
KARVY

1-Stock broking
2-D-mat services
3- Derivative Services
4- Investment product distribution
5-Investment advisory services
6-Corporate finance & Merchant banking
7-Income Tax enabled services
8-Registrars & Transfer agents
9-Loans
10- Equity Trading Platform
11- Mutual Fund Advisory and Distribution
12-Insurance Distribution..
13-Commodities Trading Platform
14-Portfolio Management Service

16
 INTRODUCTION TO MUTUAL FUND
AND ITS VARIOUS ASPECTS.

Mutual fund is a trust that pools the savings of a

number of investors who share a common
financial goal. This pool of money is invested in
accordance with a stated objective. The joint ownership
of the fund is thus “Mutual”, i.e. the fund belongs to all
investors. The money thus collected is then invested in
capital market instruments
suchas s h a r e s , d e b e n t u r e s a n d o t h e r s e c u r i t i e s .
T h e i n c o m e e a r n e d t h r o u g h t h e s e investments
and the capital appreciations realized are shared by
its unit holders in proportion the number of units
owned by them. Thus a Mutual Fund is the most
suitable investment for the common man as it
offers an opportunity to invest in a diversified,
professionally managed basket of securities at a
relatively low cost. E a c h s h a r e h o l d e r participates
in the gain or loss of the fund. Units are issued and
can be redeemed as needed. The funds Net Asset value
(NAV) is determined each day. Investments in securities
are spread across a wide cross-section of industries
17
and sectors and thus the risk is reduced. Diversification
reduces the risk because all stocks may not move in the
same direction in the same proportion at the same
time. Mutual fund issues units to the investors in
accordance with quantum of money invested by them.
Investors of mutual funds are known as unit holders.
When an investor subscribes for the units of a mutual
fund, he becomes part owner of the assets of the fund in
the same proportion as his contribution amount put up
with the corpus (the total amount of the fund). Mutual
Fund investor is also known as a mutual fund shareholder
or a unit holder. Any change in the value of the
investments made into capital market instruments (such as
shares, debentures etc) is reflected in the Net Asset Value
(NAV) of the scheme. NAV is defined as the market value
of the Mutual Fund scheme's assets net of its
liabilities. NAV of a scheme is calculated by dividing the
market value of scheme's assets by the total number of
units issued to the investor.

18
ADVANTAGES OF MUTUAL FUNDS

•Portfolio Diversification

•Professional management

•Reduction / Diversification of Risk

•Liquidity

•Flexibility & Convenience

•Reduction in Transaction cost

•Safety of regulated environment

•Choice of schemes

•Transparency

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DISADVANTAGE OF MUTUAL FUNDS

• No control over Cost in the Hands of an Investor

•No tailor-made Portfolios

•Managing a Portfolio Funds

•Difficulty in selecting a Suitable Fund Scheme

20
HISTORY OF THE INDIAN MUTUAL
FUND INDUSTRY

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.
Though the growth was slow, but it accelerated from
the year 1987 when non-UTI players entered the Industry.
In the past decade, Indian mutual fund industry had seen a
dramatic improvement, both qualities wise as well as
quantity wise. Before, the monopoly of the market had
seen an ending phase; the Assets Under Management
(AUM) was Rs67 billion. The private sector entry to
the fund family raised the Amount to Rs. 470 billion in
March 1993 and till April 2004; it reached the height if
Rs. 1540 billion. The Mutual Fund Industry is obviously
growing at a tremendous space with the mutual fund
industry can be broadly put into four phases according to
the development of the sector.

Each phase is briefly described as under.

21
First Phase – 1964-87

Unit Trust of India (UTI) was established on 1963 by an

Act of Parliament by the Reserve Bank of India and
functioned under the Regulatory and administrative
control of the Reserve Bank of India. In 1978 UTI was de
-linked from the RBI and
theI n d u s t r i a l D e v e l o p m e n t B a n k of I n d i a (
I D B I ) t o o k o v e r t h e r e g u l a t o r y a n d administr
ative control in place of RBI).

Second Phase – 1987-1993 (Entry of Public Sector

Funds)

1987 marked the entry of non- UTI, public sector mutual

funds set up by public
sector b a n k s a n d L i f e I n s u r a n c e C o r p o r a t i o n o
f I n d i a ( L I C ) a n d G e n e r a l I n s u r a n c e Corporatio
n of India (GIC). SBI Mutual Fund was the first non -
UTI 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 (Jun90), Bank of Baroda Mutual
Fund (Oct 92). LIC established its mutual fund in
June1989 while GIC had set up its mutual fund in
December 1990.At the end of 1993, the mutual fund

22
industry had assets under management of Rs.47,004
crores .

Third Phase – 1993-2003 (Entry of Private Sector

Funds)

1993 was the year in which the first Mutual Fund

Regulations came into being, under which all mutual
funds, except UTI were to be registered and governed.
The erstwhile Kothari Pioneer (now merged with
Franklin Templeton) was the first private
sector mutual fund registered in July 1993.The 1993
SEBI (Mutual Fund) Regulations were substituted by a
more comprehensive and revised Mutual Fund
Regulations in 1996. The industry now functions
under the SEBI (Mutual Fund) Regulations 1996. As
at the end of January 2003, there were 33 mutual funds
with total assets of Rs. 1,21,805 crores.

Fourth Phase – since February 2003

In February 2003, following the repeal of the Unit Trust

of India Act 1963 UTI was bifurcated into two separate
entities. One is the Specified Undertaking of the Unit
Trust of India with assets under management of
Rs.29,835 crores as at the end of January2003,
representing broadly, the assets of US 64 scheme,
23
assured return and certain other schemes The second is
the UTI Mutual Fund Ltd, sponsored by SBI, PNB, BOB
and LIC. It is registered with SEBI and functions under
the Mutual Fund Regulations. Consolidation and growth.
As at the end of September, 2004, there were 29
funds, which manage assets of Rs.153108 crores
under 421 schemes.

Different Types of Mutual Funds

At the fundamental level, there are three varieties of

mutual funds:

1) Equity funds (stocks)

2)Fixed-income funds (bonds)

3)Money market funds

All mutual funds are variations of these three asset classes.

Money Market Funds

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The money market consists of short-term debt
instruments, mostly Treasury bills this is a safe place to
park the money. It will not get great returns A typical
return is twice the amount earn in a regular
checking/savings account and a little less than the average
certificate of deposit (CD).

Bond/Income Funds

The money market consists of short-term debt

instruments, mostly Treasury bills this is a safe place to
park the money. It will not get great returns A typical
return is twice the amount earn in a regular
checking/savings account and a little less than the average
certificate of deposit (CD).Income funds are named
appropriately: their purpose is to provide current income
on a steady basis. When referring to mutual funds, the
terms "fixed-income," "bond," and "income" are
synonymous. These terms denote funds that invest
primarily in government and corporate debt. While fund
holdings may appreciate, the primary objective of these
funds is to provide a steady.

25
Balanced Funds

The objective of these funds is to provide a

balanced mixture of safety, income and capital
appreciation. The strategy of balanced funds is to invest in
a combination of fixed income and equities. A typical
balanced fund might have a weighting of 60% equity and
40% fixed income. The weighting might also be restricted
to a specified maximum or minimum for each asset class.
A similar type of fund is known as an asset allocation
fund. Objectives are similar to those of a balanced fund,
but these kinds of funds typically do not have to hold a
specified percentage of any asset class. The portfolio
manager is therefore given freedom to switch the ratio of
asset classes as the economy moves through the business
cycle.

Equity Funds

Funds that invest in stocks represent the largest category

of mutual funds. Generally, the investment objective of
this class of funds is long-term capital growth with some
income. There are, however, many different types of
equity funds because there are many different types
of equities.8

26
Global/International Funds

An international fund (or foreign fund) invests only

outside your home country. Global funds invest anywhere
around the world, including the home country. It is tough
to classify these funds as either riskier or safer than
domestic investments. They do tend to be more volatile
and have unique country and/or political risks. However,
on the other side, they can, as part of a well-balanced
portfolio, actually reduce risk by increasing
diversification. Although the world's economies are
becoming more inter-related, it is likely that another
economy somewhere is outperforming the economy of the
home country.

Specialty Funds

This classification of mutual funds is more of an all-

encompassing category that consists of funds that have
proved to be popular but don't necessarily belong to the
categories we've described so far.

27
Types of mutual fund

Schemes according to Maturity Period:

A mutual fund scheme can be classified into open-

ended scheme or close-ended schemedepending on its
maturity period.

Open-ended Fund

An open-ended Mutual fund is one that is available

for subscription and repurchase on a continuous basis.
These Funds do not have a fixed maturity period.
Investors can conveniently buy and sell units at Net Asset
Value (NAV)related prices which are declared on a daily
basis. The key feature of open-end schemes is liquidity.

Close-ended Fund

A close-ended Mutual fund has a stipulated maturity

period e.g. 5-7 years. The fund is open for subscription
only during a specified period at the time of launch of the
scheme. Investors can invest in the scheme at the time of

28
the initial public issue and thereafter they can buy or sell
the units of the scheme on the stock exchanges where the
units are listed. In order to provide an exit route to the
investors, some close-ended funds give an option of
selling back the units to the mutual fund through periodic
repurchase at NAV related prices. SEBI Regulations
stipulate that at least one of the two exit routes is provided
to the investor i.e. either repurchase facility or through
listing on stock exchanges. These mutual funds schemes
disclose NAV generally on weekly basis.

29
 Objective of the study

The objective of the study is to

 Explore the recent development process in Mutual

Fund in India.
 To find out the reason for investment in Mutual
Funds.
 To find out the investment perception of individual.
 To study the level of awareness of mutual funds
 To analyse the perception of investors towards mutual
funds.
 To study the factors considered by the investors and those
which ultimately influence him while investing.
 To determine the type of mutual fund investor prefers the
most

30
 Research Methodology

Research Design : This is a Descriptive study as well as

exploratory study.

Sampling Technique: convenience sampling

A sample of 100 respondents was selected from the target

population through the convenience sampling

Sampling Area: The study is conducted in the Patna

region.
Sampling Unit: The respondents will be the
Government employees , housewives, self employed
and other investors
Sampling Method: Convenience sampling
techniques is used to collect the data from the
different respondents or investors.

31
Sampling Size: the size of the sample is restricted to
100 respondent only.

DATA SOURCES

Primary Data-
Primary data was collected through questionnaire giving
directly to respondents and also through by mail and
telephonic conversation.

Secondary Data-
Secondary data was collected from various websites,
reports, brochure and articles from various journals,
newspapers and magazines, etc

32
LIMITATIONS OF THE STUDY

1. The study was restricted to Patna Region only

2. The Mutual fund industry is unpredictable and keeps on

varying from time to time it is difficult to collect accurate
data.

3. Some respondents were reluctant to divulge personal

information which can affect the validity of all responses.

4. Sample size was limited to 100 educated investors in

urban and semi urban areas only

33
 DATA ANYLSIS

TABLE REPRESENTING NUMBER OF

RESPONDENTS ONTHE BASIS OF GENDER

GENDER NO OF %
RESPONDENT
MALE 59 59%
FEMALE 41 41%

INTERPRETATION

The table shows that 59% of the respondents are male and
41% of the respondents are female from the total
population of 100.

34
Are investment in mutual fund units safe?

safety

YES
NO

35
 What do you think mutual fund can give a higher retu
rn?

answer
100
90
80
70
60
50
answer
40
30
20
10
0
YES NO

36
 What is the future of mutual fund it will perform
good or not?

Sales

9
8
7
6
5
4 Sales
3
2
1
0

GOOD
Not GOOD

37
  In which type of mutual fund schemes you have
invested ?

Series 1
60

50

40

30
Series 1

20

10

0
Equity Based Debt

38
Which type of schemes do you prefer to invest ?
a. Close Ended
b. Open Ended

Open End
Close End

39
 Findings
FINDINGS:-
In Survey 89% investors think that mutual fund can give
higher return and 11%think that mutual fund cannot
give higher return it can give only normally 15-
20% return
FINDINGS:-
In Survey 81% investor think that future of mutual fund
will be good and 19%think that future of mutual fund will
not be as such good as it is.

FINDINGS:-
In Survey 75% investors think that investment is safe
and 25% think that it is not safe.

FINDINGS: -
There are 48% people in age group 40-60 years and 46%
of people in 20-40 years and rest 6% are Above 60 years.

FINDINGS: -
When I have analyze the project then I found that in out
of total people 24% people are not investing & 76%
people are investing.

FINDINGS: -
40
In survey 92% of people are satisfied with
investment and 8% are not satisfied with our
investment

SUMMARY

A mutual fund is nothing more than a collection of stocks

and/or bonds as a company that brings together a group of
people and invests their money in stocks, bonds, and other
securities. Each investor owns shares, which represent
a portion of the holdings of the fund.

Mutual fund can make money in following ways:

1) Income is earned from dividends on stocks and interest

on bonds. A fund pays out nearly all of the income it
receives over the year to fund owners in the form of a
distribution.
2) If the fund sells securities that have increased in price,
the fund has a capital gain. Most fund s also pass on these
gains to investors in a distribution.

41
 SUGGESTIONS

As lack of awareness and Choice of other alternatives

stand s the main reasons for not taking a Mutual Fund
Schemes, companies should concentrate more on
creating awareness among the public about the
benefits of Mutual fund schemes.

As reliability stand as the main reason for selecting

Mutual Funds, the companies should promote Mutual
Funds as a reliable investment alternative.

 As investors are unaware of Mutual Funds as tax

savings instrument, the AMCs should highlight
Mutual Funds as a tax savings instrument´.

As many investors feel lack of security on investing

in Mutual Funds companies should make the
customer aware about the existence of SEBI as a
safety regulation to safeguard the interests of
investors through effective public relations.

42
In the present scenario success without brand
awareness among investors is found to be very
sensitive, they always look for safe investments. For
effective brand building the AMCs should position
the company as a safe investment vehicle. This will
help the sales force to a great extent.

The mutual Fund companies should offer documents

more comprehensive by making disclosures more
simple and easy to understand and fund structure
more distinctive to the common man.

The disclosures regarding the Mutual Fund expenses

more transparent especially distributor expenses
which form a major chunk of entry loads.

The fund managers should be accountable to unit

holders. This can be done by organizing Annual
General Meetings of unit holders where performance
of the fund can be reviewed.

43
As the regulator of financial services in the country,
SEBI should initiate programs that give investor
knowledge about financial products in the country.
Further investors should be able to make decisions
after knowing how Mutual Funds can be used for
financial planning. This could be done in association
with AMCs AMFI and others participants in financial
sectors.
The survey reveals that the investors are basically
influenced by the intrinsic qualities of the product
flowed by efficiency fund management and general
image of the fund/scheme in their selection of fund
schemes. Hence it is suggested that AMCs should
design products consciously to meet the investors
needs and should be alert to capture the changing
,market moods and sentiments can be innovative.
Continuous product development and introduction of
innovative products are a must to attract and retain
this market segment.

44
CONCLUSION
With penetration levels at close to 7% great
scope exists for the growth of mutual fund in
India. Mutual funds have to compete with
insurance and bank deposits for a share of
consumer savings. This requires the regulator
and the AMC in increase the creditability of
Mutual Fund and develop a trust among the
average investors .In order to make Mutual
Funds more acceptable to the investor mutual
fund industry has to mature to offering
comprehensive life cycle financial planning and
not products alone. These would include
products catering to specific life cycle need like
buying a house; funding college admission etc.
with increase in investor awareness many new
products would be introduced. As a savings of
Indians increase and the range of financial
products available to meet people needs expand,
the need for financial advice will increase.
Mutual fund distribution-Advisors should
provide sound financial advice recording to
investors risk profile and stage in life cycle.
45
Main merits by way of investing in mutual funds
are
1) cheap access to expensive stocks
2) Many baskets of assets diversifying the assets
3) a team of professional fund manages the
funds fro min-depth research inputs from
investment analysis.
4) MF industry has good bargaining power in
markets, MF have access to crucial corporate
information which individuals, investors cannot
access. Even recently when the share prices
were down, mutual funds have escaped without
much loss.

46
 QUESTIONNAIRE

NAME…………

1.Age

i) 18-30 ii) 30-40 iii) 45-65 iv) Above 652.

2.Gender

i) Male
ii) Female

3.Marital Status

i) Married ii) Unmarried iii) others4.

4. No. of Dependents

i) 1-3 ii) 3-5 iii) Above 5.

5.Occupation

i) Salaried ii) Non-salaried

iii) others (Specify)

6.Income level Per Annum

47
I) Below 100000 ii) 100000-500000 iii) Above 500000

7.Are investment in mutual fund units safe?

1. Yes
2. No

8) What do you think mutual fund can give a higher retur

n?
1.Yes
2.No

9) What is the future of mutual fund it will perform good

or not?
1. Yes
2.No

10) Which is more profitable FD or mutual fund?

1.FD
2. Mutual fund

Q11. Reason for Preferring Mutual Funds ?

a. Returns
b. Lower Risk
c. Credit Rating
d. Inflation

48
e. Company
f. Lock in Period

Q12. In which type of mutual fund schemes you have

invested ?
a. Debt Schemes
b. Equity based Schemes
Q13. You have invested for long term or short term in
Mutual Funds?
a. Long Term
b. Short Term
Q15. Which type of schemes do you prefer to invest ?
a. Close Ended
b. Open Ended

49
BIBLOGRAPHY

Books:

 Association of Mutual Fund in India AMFI work

book´

 Fredman Albert j & Wiles Russ, ³How Mutual Fund

work´, Prentice Hall of India, NewDelhi, 1997

 Kothari, C.R. ³Research Methodology, Methods

& Techniques´

 Magazine- Charted Financial Analyst

 Journal- Financial of India

 Journal- Marketing Funds

 WEBSITES
50
www.amfiindia.com
www.google.com
www.wikipedia.com
www.mutualfundsinindia.com
www.scribd.com
www.managementparadise.com
www.utimutualfund.com

THANK YOU

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