QUESTIONNAIRE

Dear Sir/Madam,

I am doing a Research on “STUDY ON THE INDIVIDUAL INVESTORS BEHAVIOR IN

CAPITAL MARKET WITH SPECIAL REFERENCE TO TAMIL NADU ” for my Ph.D. thesis. In this

connection I request you to read the following questions and answer them. The answers you

give will be held confidential and will be used only for the purpose of research.

I thank you for your time and co operation.

Mrs. P. Annal Lourdhu Regina,

Date : Associate Professor in Commerce,
Holy Cross College,
Trichy – 620 0002.

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A STUDY ON THE INDIVIDUAL INVESTORS BEHAVIOR IN CAPITAL MARKET WITH

SPECIAL REFERENCE TO TAMIL NADU

I. PERSONAL DETAILS (Please Tick)

1. Gender : 1) Male 2) Female

2. Age in completed years : ……………....... years

3. Academic qualifications : 1) School final 3) Post graduate

2) Graduate 4) Professional

4. Martial status : 1) Married 2) Unmarried

5. No of dependents : …………………….

6. Occupation : 1) Self employed 2) Employed in Government

3) Employed in Private 4) Retired\

7. Annual income in Rs. : 1) Below 2 lakhs 3) 4 lakhs to 6 lakhs

2) 2 lakhs to 4 lakhs 4) 6 lakhs and above

8. How much do you save : 1) Less than Rs. 25000 3) Rs. 50000 to 1 lakh
annually (In Rs Approx.) 2) Rs. 25000 to 50000 4) Rs. 1 lakh and above

9. Do you own a house : 1) Yes 2) No

10. Do you have a mortgage loan

on the house property : 1) Yes 2) No
II. DETAILS OF INVESTMENT PREFERENCES

1. I own the following assets (Please tick whichever is applicable)

1) Bank deposits 2) Shares 3) Mutual funds

4) Postal savings 5) Insurance Policies

2. My investments in capital market are

1) All in demat form 2) Mostly in demat form

3) All in physical form 4) Mostly in physical form

3. The number of companies in my portfolio is …………………………

4. The sectors which are represented in my portfolio are (Please tick whichever is applicable)

1) Banking 2) Auto 3) Telecom 4) Steel

5) Oil Gas 6) Pharma 7) Any other (Please specify)

5 I prefer to do the investment transactions

1) Through my broker/financial advisor 2) On my own using internet

3) Any other (Kindly specify)

6. The time I spend for investing activities is

1) 2 to 5 hrs per week 2) 2 to 5 hrs per month 3) 2 to 5 hrs per year

4) Most of my spare time 5) Everyday at least some time

7. I borrow and invest in stock market 1) Yes 2) No

8. The average rate of earnings on my investment for the past five years is
1) Below 10 percent 2)10 to 20 percent

3) Above 20 percent 4) Net loss

9. I have shares in delisted companies 1) Yes 2) No

10. My experience in the stock market is

1) Less than 5 years 2) 5 – 10 years 3) Above 10 years
III. OBJECTIVES OF SAVINGS, INVESTMENT PREFERENCES AND STRATEGIES
Please read the following statements and tick the appropriate column.
S.No. Item Strongly Agree No Disagree Strongly
Agree Opinion Disagree

1. I save for my children’s education.

2. I save for contingencies.

3. I save to purchase a house.

4. I save for tax benefits.

5. I save for my daughter’s marriage.

6. I save to provide for my

retirement.
7. I prefer investing in blue chip
companies.
8. I prefer investing in new upcoming
companies with good prospects.
9. I am interested in short term gains
from my investment in shares.
10. Invest in shares mainly for long
term capital gains.
11. Announcements regarding bonus,
rights and dividends motivate me
to buy those scripts.
12. I hold certain shares for a very
long time for sentimental reasons.
13. I prefer IPOs than secondary
market instruments.
14. When shares are allotted in an
IPO I sell it immediately on listing
at profit.
15. I prefer buying shares( large cap)
in small lots.
16. I prefer buying shares when the
market goes up.
17. I sell shares when there is news
about fall in market.
18. I am an active investor who trades
often.
19. I prefer investing in familiar
companies.
20. I book profits after I reach the
desired goals.
 S.No. Item Strongly Agree No Disagree Strongly
Agree Opinion Disagree

21. A majority of my investments are

in gold and real estate.
22. I prefer mutual funds than shares.
23. Most of my investments are in
shares.
24. I buy shares based on the
company’s fundamental.
25. I buy shares based on technical
forecast.

IV. Please rank the INFLUENCE of the following in your FINANCIAL DECISION
MAKING PROCESS.

S.No. Item Very high High Not Low Very low

sure
1. Business News Channels like
CNBC,NDTV Profit

2. Investment websites

3. Professional Advisers

4. Family and Friends

5. Magazine or Newspapers

6. Books

V. Please rank the importance of the following qualities which you expect from
your Financial Adviser.

S.No. Item Highly Important Not sure Not Not at all

important important important
1. Maximizing return

2. Trust and Confidentiality

3. Handling problems

4. Protecting Capital

5. Experience

6. Fee structure

7. Brand name of the adviser

VI. SELECTION OF MUTUAL FUNDS
Please tick your preference for the following schemes

S.No. Item Highly Favourable Not Unfavour Highly

favourable sure able unfavourable

1. Growth Schemes

2. Balanced Schemes

3. Tax Saving Schemes

4. Income Schemes

5. Index Schemes

VII. QUALITIES IN A SCHEME

Please rate the importance you attach to the qualities in a scheme.

S.No. Item Highly Important Not Not Not at all

important Sure important important

1. Safety

2. Flexibility

3. Capital Appreciation

4. Liquidity

5. Good Return

6. Professional Management

7. Diversification

8. Fund Performance

9. Fund Reputation or Brand

name

10. Scheme Portfolio

11. Rating given

12. Tax Benefits

13. Sponsors reputation

14. Investor services

15. Fringe benefits like credit

card etc.

16. Disclosure of NAV

VIII. INVESTORS PERCEPTIONS ABOUT CAPITAL MARKET
Please read the following statements and tick the appropriate column.

S.No. Item Strongly Agree Not Disagree Strongly

Agree sure Disagree
1. Price fluctuation in Indian Stock
Market is high.
2. Indian stock markets are well
regulated.
3. Corporate mismanagement and
frauds are my biggest worries in
Indian stock market.
4. The brokers’ services are good.
5. The demat system is convenient
and cheap.
6. Adequate and reliable portfolio
management services are
available for individual investors.
7. Debentures as an investment
option are favorable.
8. Equities as an investment option
are favorable.
9. Mutual funds as an investment
option are favorable.
10. Government bonds as an
investment option is favorable.
11. Indian company managements
are not honest and sincere
towards their share holder.
12. Shareholders cannot rely on
company auditors in preventing
financial irregularities by
company managements.
13. Indian company managements
are now taking more care of the
shareholders interest.
14. Capital market in India is a safe
haven for investors.
15. Retail shareholders interests are
not protected.
IX. THE LEVEL OF INVESTOR AWARENESS

S.No. Item Yes Not No

sure
1 I know the meaning of technical analysis and
fundamental analysis.
2. Bank Deposits are totally risk free.
3. Mutual Fund Principal and Returns are not guaranteed.
4. Ups and Downs of Stock Market will affect the returns
from Mutual Fund.
5. I know what sensex and nifty are.
6. I have heard about SEBI.
7. An investor can have more than one demat account.
8. I understand the communication I receive from the
companies I invest in.
9. Maintain a systematic record of my investments and
monitor it periodically.
10. I read the offer document of an issue and understand it.
11. I am aware of the credit rating symbols for bonds and
deposits and know the meaning.
12. I can understand the business news analysis.