Kamal Main

7/31/2019 Kamal Main

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CHAPTER III

3.1 SIMPLE PERCENTAGE ANALYSIS

TABLE NO 3.1.1

GENDER OF THE RESPONDENTS

S. No Gender No. of respondents %

1. Male 108 54

2. Female 92 46

Total 200 100

Interpretation

The above table shows the Gender of the respondents. It is observed from the

table that 54% of the respondents are Male and the remaining 46% of the respondents

are Female.


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CHART NO 3.1.1

GENDER OF THE RESPONDENTS

54

46

42

44

46

48

50

52

54

56

PERCENTAGE


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CHART NO 3.1.2

AGE OF THE RESPONDENTS

15

38

32

9

6

0

5

10

15

20

25

30

35

40

20-30 31-40 41-50 51-60 >60

Percentage


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TABLE NO 3.1.3

OCCUPATION OF THE RESPONDENTS

S. No occupation No. of respondents %

1. students 14 7

2. Self employed 22 11

3. Business 20 10

4. Professional 50 25

5 House wife 42 21

6 Service 20 10

7 Retired 32 16

Total 200 100

Interpretation

The above table highlights that 25% of the respondents are belonging to

Professional and 21% of the respondents are House wife and 16% of the respondents

are Retired category and 11% of the respondents are belonging to Self employed

category and 10% of the respondents are belonging to Business and service

respectively and very few respondents are belonging to the students category.


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CHART NO 3.1.3

OCCUPATION OF THE RESPONDENTS

7

11 10

25

21

10

16

0

5

10

15

20

25

30

Percentage


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TABLE NO 3.1.4

INCOME LEVEL OF THE RESPONDENTS

S. No INCOME(in lakhs) No. of respondents %

1. 4 24 12

Total 200 100

Interpretation

It is obvious from the above table that 32% of the respondents are belonging to

the income level of Rs. 1-2 Lakhs and 24% of the respondents are belonging to the

income level of Rs. 2-3 Lakhs 21% of the respondents are belonging to the income

level of Rs. Rs. 3-4 Lakhs, 12% f the respondents are belonging to the income level of

Rs.


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CHART NO 3.1.4

INCOME LEVEL OF THE RESPONDENTS

11

32

24

21

12

0

5

10

15

20

25

30

35

Percentage


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TABLE NO 3.1.5

PERCENTAGE OF SAVINGS OF THE RESPONDENTS

S. No percentage of savings No. of respondents %

1. 45% 16 8

Total 200 100

Interpretation

From the above table, it is stated that, 31% of the respondents are having 36%-

45% of savings 22% of the respondents are having 26%-35% of savings and 20% of

the respondents are having 15%-25% of savings. 19% of the respondents are having


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CHART NO 3.1.5

PERCENTAGE OF SAVINGS OF THE RESPONDENTS

1920

22

31

8

0

5

10

15

20

25

30

35

Percentage


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TABLE NO 3.1.6

OPINION ABOUT BEST INVESTMENT AVENUE AMONG THE

RESPONDENTS

S. No opinion No. of respondents %

1. Fixed deposit 28 14

2. Post office savings 30 15

3. Mutual fund 34 17

4. Life insurance 44 22

5 Stocks & shares 38 19

6 General Insurance 18 9

7 Pension schemes 8 4

Total 150 100

Interpretation

It is noted from the above table that 22% of the respondents opinioned that the

Life insurance was the best investment avenue. 19% of the respondents opinioned that

the Stocks & shares was the best investment avenue. & 17% of the respondents are

opinioned that the Mutual fund was the best investment avenue. And 15% of the

respondents stated the Post office savings was the best investment avenue &. 14% of

the respondents stated the Fixed deposit was the best investment avenue very few

respondents of 9% & 4% are opinioned that General Insurance & Pension schemes

are best investment avenue


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CHART NO 3.1.6

OPINION ABOUT BEST INVESTMENT AVENUE AMONG THE

RESPONDENTS

14 15

17

22

19

9

4

0

5

10

15

20

25

Percentage


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TABLE NO 3.1.7

BASIS FOR BEST MODE OF INVESTMENT

S. No Best mode of investment No. of respondents %

1. Low risk 42 21

2. High returns 56 28

3. High liquidity 42 21

4. Capital appreciation 42 21

5 others 18 9

Total 200 100

Interpretation

It is noticed from the table that 28% of the respondents stated that the High

returns is the basis for above best mode of investment. 21% of the respondents stated

that low risk & high liquidity & Capital appreciation are the basis for above best

mode of investment 9 % of the respondents are stated that the some other various

reasons.


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CHART NO 3.1.7

BASIS FOR BEST MODE OF INVESTMENT

21

28

21 21

9

0

5

10

15

20

25

30

Percentage


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TABLE NO 3.1.8

AWARENESS LEVEL ABOUT FIXED DEPOSITS

S. No Awareness Level No. of respondents %

1. Know Very Well 60 30

2. Aware Of It 82 41

3. Not At All Aware 58 29

Total 200 100

Interpretation

It is noticed from the table that 41% of the respondents are opinioned that they

are aware about fixed deposits. 30% of the respondents are opinioned that they are

know very well about fixed deposits. And 29% of the respondents are opinioned that

they are not at all aware.


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CHART NO 3.1.8

AWARENESS LEVEL ABOUT FIXED DEPOSITS

30

41

29

0

5

10

15

20

25

30

35

40

45

Know Very Well Aware Of It Not At All Aware

PERCENTAGE


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TABLE NO 3.1.9

AWARENESS LEVEL ABOUT PENSION SCHEMES





Total 200 100

Interpretation


are aware about pension schemes. 22% of the respondents are opinioned that they are

know very well about pension schemes. And 22% of the respondents are opinioned

that they are not at all aware.


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CHART NO 3.1.9

AWARENESS LEVEL ABOUT PENSION SCHEMES

22

66

22

0

10

20

30

40

50

60

70


PERCENTAGE


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TABLE NO 3.1.10

AWARENESS LEVEL ABOUT MUTUAL FUNDS


1. Know Very Well 53 26.5


3. Not At All Aware 23 11.5

Total 200 100

Interpretation


are aware about Mutual Funds. 22% of the respondents are opinioned that they are

know very well about Mutual Funds. And 22% of the respondents are opinioned that

they are not at all aware. of


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CHART NO 3.1.10

AWARENESS LEVEL ABOUT MUTUAL FUNDS

26.5

62

11.5

0

10

20

30

40

50

60

70


PERCENTAGE


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CHART NO 3.1.11

AWARENESS LEVEL ABOUT LIFE INSURANCE

75.5

24.5

0

0

10

20

30

40

50

60

70

80


PERCENTAGE


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TABLE NO 3.1.12

AWARENESS LEVEL ABOUT SHARES/STOCKS





Total 200 100

Interpretation


are not at all aware about shares/stocks. And 16% of the respondents are opinioned

that they are aware of shares/stocks 14% of the respondents are opinioned that they

are known very well about shares/stocks


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CHART NO 3.1.12

AWARENESS LEVEL ABOUT SHARES/STOCKS

1416

70

0

10

20

30

40

50

60

70

80


PERCENTAGE


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TABLE NO 3.1.13

AWARENESS LEVEL ABOUT GENERAL INSURANCE


1. Know Very Well 45 22.5

2. Aware Of It 97 48.5


Total 200 100

Interpretation

It is noticed from the table that 48.5% of the respondents are opinioned that

they are aware about General Insurance. 22.5% of the respondents are opinioned that

they are know very well about General Insurance. And 29% of the respondents are

opinioned that they are not at all aware.


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CHART NO 3.1.13

AWARENESS LEVEL ABOUT GENERAL INSURANCE

22.5

48.5

29

0

10

20

30

40

50

60


PERCENTAGE


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TABLE NO 3.1.14

INVESTMENT NATURE OF THE RESPONDENTS

S. No Behaviors No. of respondents %

1. Regular 82 41

2. New 118 59

Total 200 100

Interpretation

From the above table 59% of the respondents are new investors in mutual fund

& 41% of the respondents are regular investors to mutual fund.


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CHART NO 3.1.14

INVESTMENT NATURE OF THE RESPONDENTS

41

59

0

10

20

30

40

50

60

70

Regular New

PERCENTAGE


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TABLE NO 3.1. 15

PREFERENCE ABOUT MUTUAL FUND SCHEMES

S. No Preference No. of respondents %

1. Open ended 106 53

2. Closed ended 94 47

Total 200 100

Interpretation

The above table shows that 53% of the respondents prefer about open ended

schemes and 47% of the respondents are prefer about closed ended schemes in mutual

funds.


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CHART NO 3.1. 15

PREFERENCE ABOUT MUTUAL FUND SCHEMES

53

47

44

45

46

47

48

49

50

51

52

53

54

Open ended Closed ended

percentage


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TABLE NO 3.1.16

FUND OPTIONS OF THE RESPONDENTS


1. Growth 70 35

2. Dividend payout 80 40

3 Dividend

reinvestment 50 25

Total 200 100

Interpretation

The above table shows that 53% of the respondents prefer about open ended

schemes and 47% of the respondents are prefer about closed ended schemes in mutual

funds.


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CHART NO 3.1. 16

FUND OPTIONS OF THE RESPONDENTS

35

40

25

0

5

10

15

20

25

30

35

40

45

Growth Dividend payout Dividend

reinvestment

percentage


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TABLE NO 3.1.17

PREFERENCE ABOUT MUTUAL FUND TYPE


1. Equity 68 34

2. Debt 70 35

3 Balanced 62 31

Total 200 100

Interpretation

The above table shows that 35% of the respondents prefer about Debt and

34% of the respondents are prefer about Equity in mutual funds.& 31% of the

respondents are prefer about Balanced


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CHART NO 3.1. 17

PREFERENCE ABOUT MUTUAL FUND TYPE

34

35

31

29

30

31

32

33

34

35

36

Equity Debt Balanced

percentage


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TABLE NO 3. 1. 18

OPINION ABOUT AMOUNT OF INCOME INVESTED IN MUTUAL FUNDS

S. No Income No. of respondents %

1. 50001 40 20

Total 200 100

Interpretation

The above table highlighted that 30% of the respondents had invested the

amount of income rs 5001-25000. And 25% of the respondents had invested the

amount of income rs 25000-50001 and 25% of the respondents had invested the

amount of income 50001


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CHART NO 3. 1. 18

OPINION ABOUT AMOUNT OF INCOME INVESTED IN MUTUAL FUNDS

25

30

25

20

0

5

10

15

20

25

30

35

50001

percentage


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TABLE NO 3.1. 19

BASIS FOR SELECTION OF FUND

S. No. Session No. of respondents %

1. Low risk 32 16

2. Returns 38 19

3. Capital appreciation 42 21

4. Liquidity 34 17

5 Tax advantage 54 27

Total 200 100

Interpretation

From the above table, it stated that 27% of the respondents have selected to

invest fund for tax advantage. 21% of the respondents have selected to invest fund for

Capital appreciation & 19% of the respondents have selected to invest fund for

Returns. 17% of the respondents have selected to invest fund for Liquidity. 16% of

the respondents have selected to invest fund for Low risk


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CHART NO 3.1. 19

BASIS FOR SELECTION OF FUND

16

19

21

27

17

0

5

10

15

20

25

30

Low risk Returns Capital

appreciation

Liquidity Tax

advantage

percentage


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TABLE NO 3.1.20

INVESTORS EXPECTATION ABOUT RETURNS

S. No Expectation level No. of respondents %

1. Monthly 36 18

2. Quarterly 82 41

3 Semi annual 44 22

4 Annual 38 19

Total 200 100

Interpretation

From the above table, it shows that 41% of the respondents are expecting their

returns should be Quarterly &.22% of the respondents are expecting their returns

should be Semiannual &19% of the respondents are expecting their returns should be

Annually &18% of the respondents are expecting their returns should be Monthly


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CHART NO 3.1.20

INVESTORS EXPECTATION ABOUT RETURNS

18

41

2219

0

5

10

15

20

25

30

35

40

45

Monthly Quarterly Semi annual Annual

percentage


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TABLE NO 3.1. 21

INFORMATION ABOUT INVESTMENT HORIZON

S. No Investment horizon No. of respondents %

1. Up to 6 Months 32 16

2. Up to 1 Years 54 27

3 Up to 2 Years 38 19




Total 200 100

Interpretation

The above table shows the information about investment horizon. It is

observed from the table that 27% of the respondents opined that, up to 1 Years. 19%

of the respondents opined that, up to 2 Years. 19% of the respondents opined that, Up

to 6 Months, 17% of the respondents opined that, Up to 3 Years 16% of the

respondents opined that, Up to 3 Years. 13% of the respondents opined that, Up to 5

Years. 8% of the respondents opined that, Up to 10 Years


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CHART NO 3.1. 21

INFORMATION ABOUT INVESTMENT HORIZON

16

27

1917

13

8

0

5

10

15

20

25

30

Up to 6

Months

Up to 1

Years

Up to 2

Years

Up to 3

Years

Up to 5

Years

Up to 10

Years

percentage


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TABLE NO 3.1. 22

INFORMATION ABOUT FUTURE LIABLITIES

S. No Liabilities No. of respondents %

1. Education 87 43.5

2. Marriage of childrens 84 42

3 Others 29 14.5

Total 200 100

Interpretation

The above table shows the information about future liabilities. It is observed

from the table that 43.5% of the respondents opined that, their future liabilities are

Childs education, 42% of the respondents opined that, their future liabilities are

Childrens Marriage & 14.5% of the respondents are opinioned that some other

liabilities they have for future.


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CHART NO 3.1. 22

INFORMATION ABOUT FUTURE LIABLITIES

43.5 42

14.5

0

5

10

15

20

25

30

35

40

45

50

Education Marriage of

childrens

Others

PERCENTAGE


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TABLE NO 3.1. 22

SOURCES OF INFORMATION

S. No Information No. of respondents %

1. Internet 44 22

2. Magazine 62 31

3 Newspaper 60 30

4 Financial advisor 14 7

5 Friends 8 4

6 Advertisements 12 6

Total 200 100

Interpretation

The above table shows the information about future liabilities. It is observed

from the table that 43.5% of the respondents opined that, their future liabilities are

Childs education, 42% of the respondents opined that, their future liabilities are

Childrens Marriage & 14.5% of the respondents are opinioned that some other

liabilities they have for future.


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CHART NO 3.1. 22

SOURCES OF INFORMATION

22

31 30

7 4 6

0

5

10

15

20

25

30

35

percentage


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3.2.1 WEIGHTED AVERAGE SCORE RANKING METHOD

Rating Agree Agree

some

what

Neither

agree

nor

disagree

Disagree

some

what

Disagree

completely

Total Weighted

Score

Weighted

Average

Rank

As far as

mutual

funds are

considered

the risk is

diversified

36 44 56 40 24 200 628 42 III

Mutual fundreturns are

highly

satisfactory

42 56 42 42 18 200 662 44 II

I have

invested in

mutual

because of

the ease of

investment

22 64 48 42 24 200 618 41 IV

Liquidity in

mutual fund

is high.

38 40 44 62 16 200 622 41.6 V

Capital

appreciation

in mutual

fund is high.

30 76 64 18 12 200 694 46.2 I


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Interpretation

The above table states that:

The Capital appreciation in mutual fund is high ranked FIRST withweighted score of 694.

Following friendly approach, Mutual fund returns are highly satisfactoryranked SECOND with weighted score of 662

As far as mutual funds are considered the risk is diversified holds theTHIRD position with weighted score of 628

Following, with a weighted score of 618 I have invested in mutual becauseof the ease of investment is ranked FOURTH

Then Liquidity in mutual fund is high rank FIFTH with a weighted score of622


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3.3 CHI-SQUARE TEST

TESTING THE SIGNIFICANCE OF AGE OF THE

RESPONDENTS AND PERCENTAGE OF SAVINGS OF THE

RESPONDENTS

Testing the hypothesis

Null Hypothesis H0= Age and percentage of respondents dependent on each

other.

Alternative Hypothesis H1 = Age and percentage of respondents were not dependent

on each other.

Age

% of

savings

< 15% 15 to

25%

26 to

35%

36 to

45%

>45% Total

2030 4 8 8 4 6 30

3140 6 10 16 43 1 76

4150 18 16 14 10 6 64

5160 6 4 3 3 2 18

Above 60 4 2 3 2 1 12

Total 38 40 44 62 16 200

( OE )2

2=

E

O = Observed Frequency

E = Expected Frequency

Calculation:

( OE )2

2=

E


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2 = 80.5902

Degree of Freedom = (r-1) * (c-1)

= (5-1) * (5-1)

= 4 * 4

Degree of Freedom = 16

Level of Significance = 5%

Computed value = 80.5902

Critical value =26.3

Inference:

Since, computed value of2(80.5902)at 16 degree of freedom is less than

the critical value of2at 5% significance leveland 16 degree of freedom., i.e., 26.3.

So, we accept the Null Hypothesis and reject Alternative Hypothesis.

Hence, the table value is less than computed value so we accept the null

hypothesis


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3.3.2 TESTING THE SIGNIFICANCE OCCUPATION AND BEST

INVESTMENT AVENUE OF THE RESPONDENTS

Testing the hypothesis

Null Hypothesis H0= Occupation and Best investment avenue of respondents

dependent on each other.

Alternative Hypothesis H1 = Occupation and Best investment avenue of respondents

are not dependent on each other.

occupation

Investment

avenue

Fixed

Deposits

Post

office

savings

Mutual

Funds

Life

Insurance

Stocks

&

Shares

General

Insurance

Pension

Schemes Total

Student 1 2 3 2 3 2 1 14

Self

employed

3 6 4 2 3 2 2 22

Business 2 3 2 4 4 4 1 20

Professional 10 8 6 14 8 3 1 50

House Wife 6 5 8 12 6 4 1 42

Service 2 4 5 4 3 1 1 20

Retired 4 2 6 6 11 2 1 32

Total 28 30 34 44 38 18 8 200

( OE )2

2=

E

O = Observed Frequency

E = Expected Frequency

Calculation:

( OE )2

2=


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E

2 = 57.6928

Degree of Freedom = (r-1) * (c-1)

= (7-1) * (7-1)

= 6 * 6

Degree of Freedom = 36

Level of Significance = 5%

Computed value = 57.6928

Critical value =51

Inference:

Since, computed value of2(57.6928)at 36 degree of freedom is less than

the critical value of2at 5% significance leveland 36 degree of freedom., i.e., 51 .

So, we accept the Null Hypothesis and reject Alternative Hypothesis.

Hence, Hence, the table value is less than computed value so we accept the

null hypothesis


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3.4 CORRELATION

COMPARISON BETWEEN INVESTMENT HORIZON AND

MODE OF INVESTMENT

Investment

Horizon

( X )

Mode of

investment

( Y ) X2

Y2

XY

32 24 1024 576 768

54 60 2916 3600 3240

38 36 1444 1296 1368

34 34 1156 1156 1156

26 32 676 1024 832

16 14 256 196 224

X = 200 Y = 200 X = 7472 Y = 7848 XY = 7588

N XY (X) * (Y)

Correlation r =

(N X2(X)2) (N Y2(Y)2 )

6(7588) - 40000=

(4832 * 7088)

r = 0.9446

Inference:

If the values of the two variables deviates in the same direction, i.e., an

increase in the one of the variables results, in a corresponding increase in the values of

the other variable. From the above calculation, it is identified that Comparisonbetween Investment Horizon and Mode of Investment


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CHAPTER IV

FINDINGS, SUGGESTIONS AND CONCLUSION

4.1 FINDINGS

The Analysis reveals 54% of the respondents are male The analysis reveals that 38% of the respondents are belonging to the age

group 31-40

From the above analysis 25% of the respondents occupations are

professionals

57% of the respondents are agreed that their income level is 1-2 lakshs 31% of the respondents percentage of savings is 36-45%. 22% of the respondents opinioned that life insurance is the best investment

avenue

28% of the respondents are stated that high returns is basis for best modeof investment

The Analysis highlights, 41% of the respondents are aware about fixeddeposits

The Analysis highlights, 66% of the respondents are aware about pensionschemes

The Analysis highlights, 62% of the respondents are aware about mutualfunds

The Analysis highlights, 75.5% of the respondents are know very wellabout life insurance

The Analysis highlights, 70% of the respondents are not aware of aboutshares & stocks


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. The Analysis highlights, 70% of the respondents are aware of aboutgeneral insurance

From the analysis 59% of the respondents are new investors in mutualfunds

53% of the respondents preference about mutual funds schemes are openended .

35% of the respondents are feel that their preference about mutual fundtype is debt.

21% of the respondents are opinioned that capital appreciation is the basisfor selection of fund.

41% of the investors expectations about returns is quarterly. 31% of the respondents are agreed that their sources of informations is

magazine

In chi- square test,. . In chi- square test


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4.2 RECOMMENDATIONS

Female group of the investors have to be targeted and better awarenesslevel have to be created. By doing so the number of Mutual fund investors

can be increased.

The retired group of people has to be ensured about the risk diversificationconcept in Mutual fund. The investors who are above 60 years of age are a

good source of lump sum investment.

To increase the market share professionals and people in service sectorshould be targeted.

Moderate income group should be continuously contacted. The reasons forhigh income group not going for Mutual fund investment should be

analyzed for evolving suitable strategy for bringing them also under the

fold of Mutual fund.

Marketing staff should be better motivated during the time of new fundoffers from asset management companies like Reliance and SBI.

The advantage of ongoing funds can also be explained clearly to theinvestors during other times to ensure that there is business all through the

year for BAJAJ CAPITAL.

Through the existing database, based on the income level, new financialproducts and schemes could be targeted at a particular income category,

which the company can do easily.


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CONCLUSION

The study helped in bringing out the various investment opportunities

available for the investors. Among all the investments, there were very specific

reasons to why people preferred investing in one mode of investment. The dominating

factor as far as Mutual fund investment was considered is the very low risk due to

diversification.

As far as Asset management companies were considered there was clarity

among the investors as to which companys products should be selected for

investing. The demographic factor played vital role in their decision making

process. For those Asset management companies that have not captured the

attention of the investors should go on with more advertisements and research so

that they get more support from the client side. Thus this study helped to

understand the perception of investors.

The future scope of research area may be a study that concentrates more

on specific sector such as the lump sum investors or the SIP (systematic

investment plan) investors. This will help in getting clear picture of the segments

of investors.

Documents

Kamal Main