ANNEXURE
QUESTIONNAIRE
Name:
Age:
Gender
Male
female
Qualification
Graduate
Under graduate
other
1. Occupation
Service
Business
Student
Other
2. What sources do you use to make decisions on investments in the market?
Internet
TV
Broker advice
Other
3. What is your monthly income?
<15000
15000-25000
25000-35000
>35000
4. What percentage of your income is invested in securities?
< 15%
15-25%
25-35%
> 35%
5. From how long you are investing in market?
< 1 year
1-2 year/s
2-3 years
> 3 years
6. Why do you invest in market?
Growth & income
Financial stability
Tax saving
Other
7. What attracts you towards market?
High return
Speculation
Dividend
8. What is your preference while investing?
Equities
debts
Liquidity of fund
Balanced
9. How frequently you invest in market?
Once a month
Occasionally
In week
Daily
10. In which sector you invest most?
Private
Governmental
Foreign
11. Suppose the markets go through a difficult period, what decrease in the value of
your investment could you tolerate?
No
< 5%
B/w 5% &10%
B/w 10% & 20%
>20%
12. What factors influence you to sell your securities of a certain company?
Low or no dividend price
Low share price
Expectation of share price decrease
Inappropriate governance practice
Other
ANALYSIS AND INTERPRETATION
Gender
No: of investors
MALE
60
FEMALE
40
GENDER
70
60
60
50
40
40
30
20
10
0
MALE
FEMALE
MALE
FEMALE
GRAPH 1
INTERPRETATION:
60% of the total investors population is male while remaining 40% investors are
female.
QUALIFICATION
NO OF INVESTORS
GRADUATE
60
UNDER GRADUATE
30
OTHER
10
TOTAL
100
QUALIFICATION
OTHER
OTHER
UNDERGRADUATE
UNDERGRADUATE
GARDUATE
GARDUATE
10
20
30
40
50
60
GRAPH 2
INTERPRETATION:
Out of 100 investors 50% of the investors in DELHI are Graduate, 30% are Under
Graduate and 20% are others.
OCCUPATION
NO OF INVESTORS
SERVICE
40
BUSINESS
30
STUDENT
10
OTHER
20
OCCUPATION
OTHER
STUDENT
BUSINESS
SERVICE
0
10
15
20
25
30
35
40
45
OCCUPATION
GRAPH 3
INTERPRETATION:
40% of investors are form the service sector and 30% have their own business as
we can let, for gaining experience 10% student are also investing in this market and
20% represents investors with other occupation.
SOURCES GUIDING INVESTMENT DECISION
NO OF INVESTOR
INTERNET
23
TV
05
BROKER
63
OTHER
09
SOURCES
OTHER
BROKER
INTERNET
TV
0
10
20
30
40
50
60
70
Sales
GRAPH 4
INTERPRETATION:
Broker is the preferred source of guiding investment decision to 63% investors,
internet is also helpful as with timely updates and serves as reliable source to 23%
investors, television is to 5% and other sources to 9% investors
MONTHLY INCOME
NO OF INVESTORS
<15000
05
15000-25000
18
25000-35000
42
>35000
35
MONTHLY INCOME
>35000
35
25000-35000
42
15000-25000
18
<15000
5
0
10
<15000
15
20
15000-25000
25
25000-35000
30
35
40
45
>35000
GRAPH 5
INTERPRETATION:
42% investors have monthly income in range of 25000 to 35000, 35% have more
than 35000 income and the lower middle earners are 18% having income in range
of 15000to 25000 and investors with income lower than 15000 are also interested in
this market having different purpose to invest.
% OF INCOME INVESTED
NO OF INVESTORS
<15%
17
15-25%
33
25-35%
10
>35%
40
PROPORTION OF INCOME INVESTED
>35%
25-35%
15-25%
<15%
0
10
15
20
25
30
35
40
45
PROPORTION OF INCOME INVESTED
GRAPH 6
INTERPRETATION:
Proportion of income invested in capital market by 40% investor is above than 35%
of their income which states that they are risk taker and 33% invest 15 to 25% of
their income and less than 15% of their income invested by 17% and 25 to 35% by
remaining investors.
TIME HORIZON (YEAR)
NO OF INVESTORS
<1
19
1-2
16
2-3
13
>3
52
>3
>3, 52
2 TO 3
2 TO 3, 13
1 TO 2
1 TO 2, 16
<1 YEAR
<1 YEAR, 19
0
10
20
30
40
50
60
GRAPH 7
INTERPRETATION:
52% of investors are having more than 3 years of hold in this market and 2 to 3
years experience gainer are13% investor followed by 16% investor having 1 to 2
year and 19% investor are beginners.
REASON FOR INVESTMENT
NO OF INVESTORS
GROWTH &INCOME
32
FINANCIAL STABILITY
45
TAX SAVING
20
OTHER
REASON FOR INVESTMENT
OTHER, 3
OTHER
TAX SAVING, 20
TAX SAVING
FINANCIAL
STABILITY, 45
FINANCIAL STABILITY
GROWTH
&INCOME, 32
GROWTH &INCOME
10
15
20
25
30
35
40
45
50
GRAPH 8
INTERPRETATION:
45% are investing in for financial stability, and 32% seeking growth and stability
while the other investors invest to save tax and remaining 3% for other
ATTRACTING FACTORS
NO OF INVESTORS
HIGH RETURN
39
SPECULATION
14
DIVIDEND
19
LIQUIDITY OF FUND
28
ATTRACTING FACTORS
LIQUIDITY OF FUND
DIVIDEND
SPECULATION
HIGH RETURN
0
HIGH RETURN
10
15
SPECULATION
20
DIVIDEND
25
30
35
40
45
LIQUIDITY OF FUND
GRAPH 9
INTERPRETATION:
Investors usually see for high returns as enticing factor to invest and 39% proves
that, dividend received on share is enticing factor to 19% investors as it serves small
and regular returns ,14% for speculation and 28% investors thinks liquidity of fund as
second enticing factor .
PREFERENCE
NO OF INVESTOR
EQUITIES
56
DEBTS
20
BALANCED
24
PREFERENCE
EQUITIES
DEBT
BALANCED
BALANCED
DEBT
EQUITIES
10
20
30
40
50
60
GRAPH 10
INTERPRETATION:
56% investors invest in equities and 24% invest in debts and the 20% of the
investors prefer balanced portfolio.
FREQUENCY OF TRADING
NO OF INVESTORS
ONCE A MONTH
16
OCCASIONALLY
34
IN WEEK
18
DAILY
32
FREQUENCY OF TRADING
DAILY
IN WEEK
OCCASIONALLY
ONCE A MONTH
0
10
ONCE A MONTH
15
20
OCCASIONALLY
25
30
IN WEEK
DAILY
35
40
GRAPH 11
INTERPRETATION:
34% of investors invest occasionally, 32% investor go for daily investment dealing in
intra day trading means short term investment and 18% and 16% in week and once
a month respectively.
SECTOR OF INVESTMENT
NO OF INVESTORS
PRIVATE
32
GOVERMENTAL
59
FOREIGN
SECTOR PREFER FOR INVESTMENT
FOREIGN
GOVERMENTAL
59
PRIVATE
32
10
20
30
40
50
60
70
SECTOR PREFER TO INVEST
GRAPH 12
INTERPRETATION:
59% Investor like to invest in governmental share and 32% of investor invest in
private sector and 9% on foreign sector
TOLERANCE LEVEL
NO OF INVESTORS
NO
<5%
17
BETWEEN 5%&10%
22
BETWEEN 10%&20%
28
>20%
30
TOLERANCE LEVEL
>20%
30
BETWEEN 10-20%
28
BETWEEN 5-10%
22
<5%
17
NO
3
0
10
15
20
25
30
35
Sales
GRAPH 13
INTERPRETATION:
In downstream of the market 28% can tolerate the downfall to the extent of 10-20%
And 22% can tolerate to the 5-10%, 17% could this to 5% and 3% cant tolerate this
as they are risk averter but 30% investor like to carry their investment in this phase
also they are the risk takers of the market .
FACTORS INFLUENCE YOU TO SELL
NO: OF INVESTORS
LOW OR NO DIVIDEND PRICE
12
LOW SHARE PRICE
27
EXPECTATION OF SHARE PRICE DECREASE
52
INAPPRORIATE GOVERNANCE PRACTICE
FACTORS INFLUENCING INVESTOR TO SELL
INAPPROPRIATE
GOVERNANCE
PRACTICE
INAPPROPRIATE GOVERNANCE PRACTICE
EXPECT'N OF FALL
IN SHARE PRICE
EXPECT'N OF FALL IN SHARE PRICE
LOW SHARE PRICE
LOW SHARE PRICE
LOW /NO DIV
PRICE
LOW /NO DIV PRICE
10
20
30
40
50
60
GRAPH 14
INTERPRETATION:
52% investors sell their securities when their prices are expected to fall and 27% sell
them when they do not benefit them as prices got lower, and12% investors sell out
when it stop giving dividend and the remaining 9% are those who actually aware of
the company internal situations and image in market and inappropriate in
governance also affects their investment decision.