Survey on Financial Behaviour Moneylife Foundation is conducting a quick survey to understand the financial behaviour of Indian savers. We would like to understand the financial awareness of individuals and their preferred savings route. We would be grateful if you can spend a few minutes to give us your feedback. Question Title * 1. What do you believe is the best route to save and invest for your future (7 years+)? Property Gold Govt. Small Savings Schemes Bank Fixed Deposits Corporate Fixed Deposits Insurance with Investment Equity Mutual Funds Debt Mutual Funds Hybrid Mutual Funds (Balanced funds, Monthly Income Plans etc.) Stocks Don't know Other (please specify) Question Title * 2. What percentage of your total income do you save? 0-5% 5%-10% 10%-20% 20%-30% 30%-50% 50%+ Not sure Question Title * 3. Do you slot your savings for different needs or have one pool of savings i) Slot them for different needs ii) One pool iii) Not applicable/No savings Question Title * 4. If the answer is i), Please elaborate categories of savings (Multiple Choice) Children’s education Family Health needs Retirement Children’s marriages Short term goals like holidays/furniture/vehicle Other (please specify) Question Title * 5. In which of the following have you invested your savings (Multiple choice)? Shares Equity Mutual Funds Bank Fixed Deposits Corporate Fixed Deposits Corporate bonds / Debentures Debt Mutual Fund Gilt Mutual Funds Liquid Mutual fund FMPs G-sec/RBI Bonds Tax-free Bonds Your own home Real Estate (other than your own home) Gold / Gold ETF / Gold MF Silver Foreign assets (Real estate, stock, etc) Business initiative Other (please specify) Question Title * 6. What are your biggest financial worries? Savings for retirement Savings for my child’s education Savings for my child’s marriage Savings to buy a home Does my family have proper health cover and can we afford to pay hospital bills Will my family be financially secure if anything happens to me? No worries. I have it all planned out Other (please specify) Question Title * 7. What are your big concerns while making investment/savings decisions Finding the right investment products to grow savings/beat inflation Proper allocation of my savings to meet my needs Paying too much taxes Ensuring that my investment is secure (principal) Other (please specify) Question Title * 8. If you buy life insurance, it is because: (Multiple choice) You see it as an investment Protects me and my family from risk Protects us from unforeseen events + Investment Saves tax Guaranteed returns Not Applicable Other (please specify) Question Title * 9. Before buying any financial product, you depend primarily on: Own research Independent Financial Adviser Tax Adviser Online financial adviser Research and rating websites Media articles Agents/Distributors Relationship managers Wealth managers Friends and relatives Other (please specify) Question Title * 10. How important are these factors while investing for the long-term (5 years+)?(Ranking: 1-Highest,,6-Lowest, Arrange the choices from highest to lowest by dragging the choices OR Select from the drop-down) 1 2 3 4 5 6 Safety of principal 1 2 3 4 5 6 Risk 1 2 3 4 5 6 Returns 1 2 3 4 5 6 Maturity period 1 2 3 4 5 6 Liquidity 1 2 3 4 5 6 Tax savings Question Title * 11. How important are these factors while investing for the short-term (less than 5 years)? (Ranking: 1-Highest,,6-Lowest) 1 2 3 4 5 6 Safety of principal 1 2 3 4 5 6 Risk 1 2 3 4 5 6 Returns 1 2 3 4 5 6 Maturity period 1 2 3 4 5 6 Liquidity 1 2 3 4 5 6 Tax savings Question Title * 12. Do you agree or disagree with the following statements about the following sources of investment advice? Treat their customers fairly Well informed about products Hard-sell Largely correct in his advice Got some seriously wrong advice Cannot be trusted Independent Financial Adviser Agree Disagree Can’t say Independent Financial Adviser Treat their customers fairly menu Agree Disagree Can’t say Independent Financial Adviser Well informed about products menu Yes No Can’t say Independent Financial Adviser Hard-sell menu Yes No Can’t say Independent Financial Adviser Largely correct in his advice menu Yes No Can’t say Independent Financial Adviser Got some seriously wrong advice menu Agree Disagree Can’t say Independent Financial Adviser Cannot be trusted menu Tax Adviser Agree Disagree Can’t say Tax Adviser Treat their customers fairly menu Agree Disagree Can’t say Tax Adviser Well informed about products menu Yes No Can’t say Tax Adviser Hard-sell menu Yes No Can’t say Tax Adviser Largely correct in his advice menu Yes No Can’t say Tax Adviser Got some seriously wrong advice menu Agree Disagree Can’t say Tax Adviser Cannot be trusted menu Online financial adviser Agree Disagree Can’t say Online financial adviser Treat their customers fairly menu Agree Disagree Can’t say Online financial adviser Well informed about products menu Yes No Can’t say Online financial adviser Hard-sell menu Yes No Can’t say Online financial adviser Largely correct in his advice menu Yes No Can’t say Online financial adviser Got some seriously wrong advice menu Agree Disagree Can’t say Online financial adviser Cannot be trusted menu Agents/Distributors Agree Disagree Can’t say Agents/Distributors Treat their customers fairly menu Agree Disagree Can’t say Agents/Distributors Well informed about products menu Yes No Can’t say Agents/Distributors Hard-sell menu Yes No Can’t say Agents/Distributors Largely correct in his advice menu Yes No Can’t say Agents/Distributors Got some seriously wrong advice menu Agree Disagree Can’t say Agents/Distributors Cannot be trusted menu Relationship managers Agree Disagree Can’t say Relationship managers Treat their customers fairly menu Agree Disagree Can’t say Relationship managers Well informed about products menu Yes No Can’t say Relationship managers Hard-sell menu Yes No Can’t say Relationship managers Largely correct in his advice menu Yes No Can’t say Relationship managers Got some seriously wrong advice menu Agree Disagree Can’t say Relationship managers Cannot be trusted menu Wealth managers Agree Disagree Can’t say Wealth managers Treat their customers fairly menu Agree Disagree Can’t say Wealth managers Well informed about products menu Yes No Can’t say Wealth managers Hard-sell menu Yes No Can’t say Wealth managers Largely correct in his advice menu Yes No Can’t say Wealth managers Got some seriously wrong advice menu Agree Disagree Can’t say Wealth managers Cannot be trusted menu Question Title * 13. Age Group 20-35 years 36-45 years 46-60 years 61-70 years 70 + years Question Title * 14. Gender Female Male Question Title * 15. City (If your city is not on the list, select the last option - 'Other') International Cities Ahmedabad Bangalore Chennai Delhi Hyderabad Kolkata Mumbai Navi Mumbai Pune Surat Thane Agra Ajmer Aligarh Allahabad Ambattur Amravati Amritsar Asansol Aurangabad Bareilly Belgaum Bhavnagar Bhilai Bhiwandi Bhopal Bhubaneswar Bikaner Chandigarh Coimbatore Cuttack Dehradun Dhanbad Durgapur Faridabad Firozabad Gaya Ghaziabad Gorakhpur Gulbarga Guntur Gurgaon Guwahati Gwalior Howrah Hubballi-Dharwad Indore Jabalpur Jaipur Jalandhar Jalgaon Jammu Jamnagar Jamshedpur Jhansi Jodhpur Kanpur Kochi Kolhapur Kota Loni Lucknow Ludhiana Madura Maheshtala Malegaon Mangalore Meerut Moradabad Mysore Nagpur Nanded Nashik Nellore Noida Patna Pimpri-Chinchwad&PUNE Pune Raipur Rajkot Ranchi Saharanpur Salem Sangli-Miraj & Kupwad Siliguri Solapur Srinagar Thiruvananthapuram Tiruchirappalli Tirunelveli Udaipur Ujjain Ulhasnagar Vadodara Varanasi Vijayawada Visakhapatnam Warangal Other (please specify) Done
