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Lal Bahadur Shastri Institute of Management and

Technology

WINTER Project Proposal


On

“A Study On factors affecting investment in


mutual funds in Bareilly region”

Submitted to: Submitted by:


VIVEK GUPTA MAROOF KHAN

Asst. Professor P.G.D.M. (2017-2019)


Contents

1. Acknowledgement
2. PREFACE
3. Executive Summary
4. Research analysis
 Introduction
 Literature Review
 Research Objectives
 Research methodology
 Research Design
 Sample size
 Sample Frame
 Sampling Technique

5. Data analysis and interpretation


6. Findings
7. Conclusion
8. Limitation
9. Bibliography
10. Annexure

ACKNOWELEGEMENT
“The satisfaction euphoria that accompanies the successful completion of any work would be
incomplete unless we mention the names of the persons who made it possible, whose
constant guidance and encouragement served as a beacon of light and crowned our efforts
with success.” we consider it a privilege to express through this page of the report, a few
words of gratitude and respect to those who guided and inspired me in completion of this
project.

We are highly indebted to Mr. VIVEK Gupta for the guidance and supervision as well as for
providing necessary information regarding the project & also for his support in completing
the project.

I also take the opportunity to express my heartfelt gratitude to my college mentor Mr.
Ankush Saxena, Assistant Professor, LAL BAHADUR SHASTRI INSTITUTE OF
MANAGEMENT & TECHOLOGY for extending his cordial support, providing valuable
information & guidance which helped me a lot in completing the task at various stages.

Moreover, I would also like to express my heartfelt gratitude towards everyone who helped
me in completing this project.

THANK YOU

MOHD MAROOF KHAN


PGDM (2017-19)
LBSIMT, BAREILLY

PREFACE
The course of PGDM gives great knowledge to the students. Summer internship project is
also a part of the PGDM course .That enables the student to understand how they can apply
their theoretical knowledge in the practical world it helps to develop leadership skills,
communication skills, and analytical skills and so on. It presents a unified picture of what
management is and how it is applied to various forms of marketing endeavor

The successful completion of this project was a unique experience for me as interaction with
different people like Doctors, EMT Paramedics, ambulance operator, ambulance provider etc.
helped me in achieving a better knowledge in the field of marketing management. I was
required to make a report on AIS -125 NATIONAL AMBULANCE CODE which was carried
out at SPENCER INDIA TECHNOLOGIES PVT LTD. The basic objective behind doing this
project report is to get knowledge of the medical equipment for emergency care, ambulances,
emergency care medical equipment

EXECUTIVE SUMMARY
The project is “A Study On factors affecting investment in mutual funds in Bareilly region”
undertaken under the guidance of Vivek gupta (Assistant Professor, LAL BAHADUR SHASTRI
INSTITUTE OF MANAGEMENT & TECHOLOGY ) The purpose of this study is to attain in
depth knowledge of mutual fund industry

This project aims at finding out the factors affecting investment decision on mutual funds and
its preference over retail investors. This project also aims at finding about the factors that
prevent the people to invest in mutual funds. The findings will help mutual fund companies to
identify the areas required for improvement and can also improve their marketing strategies.
It will help the MF companies to create new and innovative product according to the
orientation of investors.

This report gives a brief about the awareness and various factors that affecting in the
investment in mutual fund industry.

The research method used for this research is Descriptive research method.

Research analysis

Introduction
Mutual Funds over the years have gained immensely in their popularity .Apart from the many
advantages that investing in mutual funds provide like diversification, professional
management, the ease of investment process has proved to be a major enabling factor.
However, with the introduction of innovative products, the world of mutual funds nowadays
has a lot to offer to its investors. With the introduction of diverse options, investors needs to
choose a mutual fund that meets his risk acceptance and his risk capacity levels and has
similar investment objectives as the investor. With the plethora of schemes available in the
Indian markets, an investors needs to evaluate and consider various factors before making an
investment decision. Since not everyone has the time or inclination to invest and do the
analysis himself, the job is best left to a professional. Since Indian economy is no more a
closed market, and has started integrating with the world markets, external factors which are
complex in nature affect us too. Factor such as an increase in short-term US interest rates, the
hike in crude prices, or any major happening in Asian market have a deep impact on the
Indian stock market. Although it is not possible for an individual investor to understand
Indian companies and investing in such an environment, the process can become fairly time
consuming. Mutual funds (whose fund managers are paid to understand these issues and
whose Asset Management Company invests in research) provide an option of investing
without getting lost in the complexities. Most importantly, mutual funds provide risk
diversification: diversification of a portfolio is amongst the primary tenets of portfolio
structuring, and a necessary one to reduce the level of risk assumed by the portfolio holder.
Most of the investors are not necessarily well qualified to apply the theories of portfolio
structuring to their holdings and hence would be better off leaving that to a professional.
Mutual funds represent one such option.

DEFINATION:
A Mutual Fund is a trust that pools the savings of a number of investors who share a common
financial goal. The money thus collected is then invested in capital market instruments such
as shares, debentures and other securities

ORGANISATION OF MUTUAL FUND

Sponsor
Sponsor is the person who acting alone or in combination with another body corporate
establishes a mutual fund. Sponsor must contribute at least 40% of the net worth of the
Investment Managed and meet the eligibility criteria prescribed under the Securities and
Exchange Board of India (Mutual Funds) Regulations, 1996.The Sponsor is not responsible
or liable for any loss or shortfall resulting from the operation of the Schemes beyond the
initial contribution made by it towards setting up of the Mutual Fund.

Trust

The Mutual Fund is constituted as a trust in accordance with the provisions of the Indian
Trusts Act, 1882 by the Sponsor. The trust deed is registered under the Indian Registration
Act, 1908.

Trustee

Trustee is usually a company (corporate body) or a Board of Trustees (body of individuals).


The main responsibility of the Trustee is to safeguard the interest of the unit holders and
inter alias ensure that the AMC functions in the interest of investors and in accordance with
the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, the
provisions of the Trust Deed and the Offer Documents of the respective Schemes. At least
2/3rd directors of the Trustee are independent directors who are not associated with the
Sponsor in any manner.

Asset Management Company (AMC)

The Trustee as the Investment Manager of the Mutual Fund appoints the AMC. The AMC
is required to be approved by the Securities and Exchange Board of India (SEBI) to act as
an asset management company of the Mutual Fund. Atlas 50% of the directors of the AMC
is an independent director who is not associated with the Sponsor in any manner. The AMC
must have a net worth of at least 10 crore at all times.

Registrar and Transfer Agent

The AMC if so authorized by the Trust Deed appoints the Registrar and Transfer Agent to
the Mutual Fund. The Registrar processes the application form; redemption requests and
dispatches account statements to the unit holders. The Registrar and Transfer agent also
handles communications with investors and updates investor records.

TYPES OF MUTUAL FUND SCHEMES


A mutual fund scheme can be classified into open-ended scheme or close-ended scheme
depending on its maturity period.

Open-ended Fund/ Scheme:


An open-ended fund or scheme is one that is available for subscription and repurchase on a
continuous basis. These schemes 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/ Scheme:

A close-ended fund or scheme 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 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.

Schemes according to Investment Objective:

A scheme can also be classified as growth scheme, income scheme, or balanced scheme
considering its investment objective. Such schemes may be open-ended or close-ended
schemes as described earlier. Such schemes may be classified mainly as follows:

Growth / Equity Oriented Scheme

The aim of growth funds is to provide capital appreciation over the medium to long- term.
Such schemes normally invest a major part of their corpus in equities. Such funds have
comparatively high risks. These schemes provide different options to the investors like
dividend option, capital appreciation, etc. and the investors may choose an option depending
on their preferences. The investors must indicate the option in the application form. The
mutual funds also allow the investors to change the options at a later date. Growth schemes
are good for investors having a long-term outlook seeking appreciation over a period of time.

Income / Debt Oriented Scheme:

The aim of income funds is to provide regular and steady income to investors. Such schemes
generally invest in fixed income securities such as bonds, corporate debentures, Government
securities and money market instruments. Such funds are less risky compared to equity
schemes. These funds are not affected because of fluctuations in equity markets. However,
opportunities of capital appreciation are also limited in such funds. The NAVs of such funds
are affected because of change in interest rates in the country. If the interest rates fall, NAVs
of such funds are likely to increase in the short run and vice versa. However, long term
investors may not bother about these fluctuations.

Balanced Fund:

The aim of balanced funds is to provide both growth and regular income as such schemes
invest both in equities and fixed income securities in the proportion indicated in their offer
documents. These are appropriate for investors looking for moderate growth. They generally
invest 40-60% in equity and debt instruments. These funds are also affected because of
fluctuations in share prices in the stock markets. However, NAVs of such funds are likely to
be less volatile compared to pure equity funds.
Money Market or Liquid Fund:

These funds are also income funds and their aim is to provide easy liquidity, preservation of
capital and moderate income. These schemes invest exclusively in safer short-term
instruments such as treasury bills, certificates of deposit, commercial paper and inter-bank
call money, government securities, etc. Returns on these schemes fluctuate much less
compared to other funds. These funds are appropriate for corporate and individual investors
as a means to park their surplus funds for short periods.

Gilt Fund:

These funds invest exclusively in government securities. Government securities have no


default risk. NAVs of these schemes also fluctuate due to change in interest rates and other
economic factors as is the case with income or debt oriented schemes.

Index Funds:

Index Funds replicate the portfolio of a particular index such as the BSE Sensitive index,
S&P NSE 50 index (Nifty), These schemes invest in the securities in the same weightage
comprising of an index. NAVs of such schemes would rise or fall in accordance with the rise
or fall in the index, though not exactly by the same percentage due to some factors known as
“tracking error" in technical terms. Necessary disclosures in this regard are made in the offer
document of the mutual fund scheme.

ADVANTAGES OF INVESTMENT IN MUTUAL FUND

Diversification

One perennial rule of investing, for both large and small investors, is asset
diversification. Diversification involves the mixing of different types of investments
and asset classes within a portfolio and is used to manage risk. For example, choosing
to buy stocks in the retail sector and offsetting them with stocks in the industrial sector
can reduce the impact of the performance of any one security on your entire portfolio.

Economies of Scale

The easiest way to understand is by thinking about volume discounts; in many stores, the
more of one product you buy, the cheaper that product becomes. For example, when you buy
a dozen donuts, the price per donut is usually cheaper than buying a single one. This also
occurs in the purchase and sale of securities. If you buy only one security at a time, the
transaction fees will be relatively large.

Divisibility

Many investors don't have the exact sums of money to buy round lots of securities. One
or two hundred dollars is usually not enough to buy stocks, especially after deducting
commissions. Investors can purchase mutual funds in smaller denominations, usually ranging
from $100 to $1,000 minimums, although some funds will have a $2,500 minimum. Smaller
denominations of mutual funds give investors the ability to make periodic investments
through monthly purchase plans while taking advantage of dollar.

Liquidity

Another advantage of mutual funds is that you can get in and out with relative ease. In
general, you are able to sell your mutual funds in a short period of time without there being
much difference between the sale price and the most current market value. However, it is
important to watch out for any fees associated with selling, including back-end load fees.
Also, unlike stocks which trade any time during market hours, mutual funds transact only
once per day after the fund's net asset value (NAV) is calculated.

Professional Management

When you buy a mutual fund, you are also choosing a manager will use the money that you
invest to buy and sell stocks that he or she has carefully researched. Therefore, rather than
having to thoroughly research every investment before you decide to buy or sell, you have a
mutual fund's money manager to handle it for you.

MEASURING MUTUAL FUND RISK


Alpha
Alpha is a measure of an investment's performance on a risk-adjusted basis. It takes the
volatility (price risk) of a security or fund portfolio and compares its risk-adjusted
performance to a benchmark index. The excess return of the investment relative to the return
of the benchmark index is its alpha. Simply stated, alpha is often considered to represent the
value that a portfolio manager adds or subtracts from a fund portfolio's return. An alpha of
1.0 means the fund has outperformed its benchmark index by 1%. Correspondingly, an alpha
of -1.0 would indicate an under-performance of 1%. For investors, the higher the alpha the
better.

Beta
Beta, also known as the beta coefficient, is a measure of the volatility, or systematic risk, of a
security or a portfolio compared to the market as a whole. Beta is calculated using regression
analysis and it represents the tendency of an investment's return to respond to movements in
the market. By definition, the market has a beta of 1.0. Individual security and portfolio
values are measured according to how they deviate from the market.

A beta of 1.0 indicates that the investment's price will move in lock-step with the market. A
beta of less than 1.0 indicates that the investment will be less volatile than the market.
Correspondingly, a beta of more than 1.0 indicates that the investment's price will be more
volatile than the market. For example, if a fund portfolio's beta is 1.2, it is theoretically 20%
more volatile than the market.

Conservative investors who wish to preserve capital should focus on securities and fund
portfolios with low betas while investors willing to take on more risk in search of higher
returns should look for high beta investments.

R-squared
R-squared is a statistical measure that represents the percentage of a fund portfolio or a
security's movements that can be explained by movements in a benchmark index. For fixed-
income securities and bond funds, the benchmark is the U.S. Treasury Bill. The S&P 500
Index is the benchmark for equities and equity funds.
R-squared values range from 0 to 100. According to Morningstar, a mutual fund with an R-
squared value between 85 and 100 has a performance record that is closely correlated to the
index. A fund rated 70 or less typically does not perform like the index.
Mutual fund investors should avoid actively managed funds with high R-squared ratios,
which are generally criticized by analysts as being "closet" index funds. In such cases, it
makes little sense to pay higher fees for professional management when you can get the same
or better results from an index fund.

Standard Deviation
Standard deviation measures the dispersion of data from its mean. Basically, the more spread
out the data, the greater the difference is from the norm. In finance, standard deviation is
applied to the annual rate of return of an investment to measure its volatility (risk). A volatile
stock would have a high standard deviation. With mutual funds, the standard deviation tells
us how much the return on a fund is deviating from the expected returns based on its
historical performance.

Sharpe Ratio

Developed by Nobel laureate economist William Sharpe, the Sharpe ratio measures risk-
adjusted performance. It is calculated by subtracting the risk-free rate of return (U.S. Treasury
Bond) from the rate of return for an investment and dividing the result by the investment's
standard deviation of its return. The Sharpe ratio tells investors whether an investment's
returns are due to wise investment decisions or the result of excess risk. This measurement is
useful because while one portfolio or security may generate higher returns than its peers, it is
only a good investment if those higher returns do not come with too much additional risk.
The greater an investment's Sharpe ratio, the better its risk-adjusted performance.

TREYNOR RATIO

The Treynor ratio, also known as the reward-to-volatility ratio, is a performance metric for
determining how much excess return was generated for each unit of risk taken on by a
portfolio. Excess return in this sense refers to the return earned above the return that could
have been earned in a risk-free investment. Although there is no true risk-free investment,
treasury bills are often used to represent the risk-free return in the Treynor ratio. Risk in the
Treynor ratio refers to systematic risk as measured by a portfolio's beta. Beta measures the
tendency of a portfolio's return to change in response to changes in return for the overall
market.

Literature Review
A large number of studies have been conducted in India and abroad covering different aspects
of mutual funds.

 J.Lilly and DrAnasuya published a research paper “An empirical study of


performance evaluation of selected ELSS mutual fund schemes” published on
International journal of scientific research (2014) which examined the performance of
49 selected tax saving elss schemes by applying Sharpe ratio, Treynor ratio, Sortino
ratio and Jensen’s alpha measure and found out LIC NOMURA MF GROWTH and
dividend schemes has the highest return and are risk borne when compared to other
schemes.
 Lonnie L. Bryant,Hao-Chen liu published a research paper “Mutual fund industry
management structure, risk and the impacts to shareholders”

 Global finance journal (2011) investigates the effects of a multiple fund


management structure on the risk volatility of the funds managed with the help of
Sharpe ratio .They found out the impacts that mutual fund management structure has
in fund risk volatility using a sample of 1480 funds managed by 407 managers. They
also found out that the multiple fund management structure appears to be motivated
by the need to achieve economies of scale and reduce cost of the shareholders, fund
managers which are driven by strategic reason.
 Shanmugham (2000) conducted a survey of individual investors with the objective to
find out what information source investor depends on. The results explained that they
are economical, sociological and psychological factors which control investment
decisions.
 MadhusudhanVJambodekar (1996) conducted his study to size-up the direction of
mutual funds in investors and to identify factors that influence mutual fund
investment decision. The study tells that open-ended scheme is most favored among
other things and that income schemes and open-ended schemes are preferred over
closed- ended and growth schemes. Newspapers are used as information source,
safety of principal amount and investor services are priority points for investing in
mutual funds.

Research Methodology

Research Methodology is a way to find out the result of a given problem on a specific matter
or problem that is also referred as research problem. In Methodology, researcher uses
different criteria for solving/searching the given research problem. Different sources use
different type of methods for solving the problem. If we think about the word
“Methodology”, it is the way of searching or solving the research problem. (Industrial
Research Institute, 2010).
To define any research problem & give a suitable Solution for any research, a sound research
plan is inevitable. Research Methodology underlines the various steps involved by the
researcher in systematically solving the problem with the objective of determining various
facts.

Research Objectives
 PRIMARY OBJECTIVE

1. To analyze the factors influencing investments decisions of retail investors in Mutual


funds.

2. To study the investors perception and preference towards Mutual funds.

 SECONDARY OBJECTIVE

1. To identify the factors which prevent the investors from investing in mutual funds?

2. To find out the motivating factors which encourages the investors to invest in mutual
fund industry.

3. To analyse the performance of various mutual fund schemes and suggest the best one.

Research Design

Depending upon the objectives of the research the most suitable marketing research design is
“DESCRIPTIVE RESEARCH”.

Method of Data Collection:


 The information used in this project was through primary sources i.e. personally
interacting with the respondents & through telecommunication.

Instrument of Data Collection:


The instrument used to collect the data was a structured questionnaire. It contained 11
questions out of which 4 were personal questions.

Sample size:
The sample size was of 60 respondents.

Sample Frame:
Indian Population

Target Segment:
Four categories which includes Professional’s, Employees, student & others

Sampling Technique:
The sampling technique used in this study was convenience sampling.

Statistical Technique:
• Different charts like bar chart, pie chart and average are used as the statistical
technique to analyze the impact or effect of the independent variable, which are taste,
preference, convenience.

Data Representation:
Analyzing the collected data and reporting the findings. Finally the data collected, was
thoroughly analyzed and processed to obtain the required information. The data has been
summarized in the form of graphs.

DATA ANALYSIS
Q1:- . What kind of preference of the investors for investment in mutual fund?

Saving A/C 5
Fixed A/C 10
Insurance 10
Mutual Fund 35
Out of Total 60 respondents, most of the respondent prefer to invest in Mutual Funds.

Q2: While investing your money, which factor you prefer most?

Liquidity 4
Safety 8
High Return 36
Company Reputation 12
Out of Total 60 respondents, 36 respondents prefer “High Return” while investing while 12
respondents prefer “Company Reputation” while investing.

Q3: Have you ever invested your money in mutual fund?

Yes 45
No 25
Out of Total 60 respondents, 45 respondents prefer to invest their money in Mutual Funds.

If Yes
(a) What do you find as a yourself as a mutual fund investor?

Totally ignorant 7

Partial knowledge of mutual fund 8

Aware only of any specific schemes in 22


which you invested

Fully Aware 8
Out of Total 45 respondents, 22 respondents were “Aware only of any specific in which you
Invested” while only 8 respondents were “Fully Aware”.

(b) In which kind of mutual fund you would like to Invest?

Public 13

Private 32
Out of Total 45 respondents, 32 respondents prefer to invest in “Private Mutual Funds” while
only 13 prefer to invest in “Public Mutual Fund”.

(C) How do you come to know about mutual fund?


Advertisement 13
Peers Group 12
Banks 5
Financial Advisor 15
Out of Total 45 respondents, 15 respondents came to know about Mutual Funds from the
“Financial Advisor” while 13 respondents came to know about Mutual Funds from the
“Advertisement”.

IF NO,

(a) If not investment in mutual fund then why?

Not aware of mutual funds 3


Higher Risk 3
Not any specific reason 2
Investing in Other Schemes 7
Out of Total 15 respondents, 7 respondents are “Investing in Other Schemes” while only 3
respondents were not aware of the “Mutual Fund”.

Q4: Which factors of the mutual funds attract you most?


Diversification 36
Better return & safety 12
Regular income 4
Tax benefit 8
Out of Total 60 respondents, 36 respondents considered “Diversification” as the important
factor while investing in Mutual Fund while 12 respondents considered “Better Return &
Safety” while investing in Mutual Fund.

Q5: In which mutual fund you have invested?


SBI Mutual Fund 7
UTI 3
ICICI Prudential Fund 4
Kotak Mahindra Mutual Fund 13
Aditya Birla Mutual Fund 15
Reliance Mutual Fund 4
HDFC Mutual Fund 9
Others 5
Out of Total 60 respondents, 15 respondents prefer to invest in “Aditya Birla Mutual Fund”
while 13 respondents prefer to invest in “Kotak Mahindra Mutual Fund”.

Q6: When you invest in mutual fund which mode of investment will you prefer?

One Time Investment 12


Systematic Investment Plan 48

Out of total 60 respondent, 48 respondent invest through systematic Investment plan while 12
respondents invest through “One Time Investment”.

Q7: Where from you purchase mutual fund?


Directly from the AMC’s 32
Brokers only 15
Brokers / sub broker 8
Other sources 5

Out of Total 60 respondents, 32 respondents prefer “Directly from the AMC’s” while
purchasing Mutual Fund while only 5 respondents prefer “Other Sources” while purchasing
Mutual Funds.
FINDINGS

 Out of Total 60 respondents, most of the respondent prefer to invest in Mutual Funds.
 Out of Total 60 respondents, 36 respondents prefer “High Return” while investing
while 12 respondents prefer “Company Reputation” while investing.
 Out of Total 60 respondents, 45 respondents prefer to invest their money in Mutual

Funds
 Out of Total 45 respondents, 22 respondents were “Aware only of any specific in
which you Invested” while only 8 respondents were “Fully Aware”.
 Out of Total 45 respondents, 32 respondents prefer to invest in “Private Mutual
Funds” while only 13 prefer to invest in “Public Mutual Fund”.
 Out of Total 45 respondents, 15 respondents came to know about Mutual Funds from
the “Financial Advisor” while 13 respondents came to know about Mutual Funds from
the “Advertisement”.
 Out of Total 15 respondents, 7 respondents are “Investing in Other Schemes” while
only 3 respondents were not aware of the “Mutual Fund”.

Conclusion

The purpose of this research was to ascertain the awareness and the implementation of the

AIS-125 national ambulance code. I found that out of 50 respondent most of the respondent
were aware about the national ambulance code, but 45 respondent were not very well aware

of this code. Most of the respondents were highly satisfied with AIS -125 national Code.
This Summer Project has been a great learning experience for me. Data collection was a

tough task, but I interacted with world renowned hospital Doctors, EMT & Paramedics,

ambulance operator & builder. This was a completely new experience. It was also an

opportunity to challenge my convincing and communication skills as people don’t have time

to talk and respond to your answers.

Telephonic calls also gave me a good experience as it taught me how to talk to people and

engaging with them to solve our purpose in a professional way.

The successful completion of this project was a unique experience for me as interaction with

different kind of people like Doctors, EMT & paramedics, ambulance operator, ambulance

provider etc. It helped me achieve a better understanding and knowledge in the field of

marketing management.

Limitations

 Sample size was limited to 60 investors who have invested


through different companies. The sample size may not
adequately represent the national market
 This study shall not been conducted over an extended period of
time considering both market ups and downs. The market state
has a significant influence on the buying patterns and preference
of investors. The study cannot capture such situations
 The study shall take into account the preference of investors
who have invested in schemes offered by the distributor services
of only few company. as such there will be a element of business
in the study

Bibliography

Websites:

https://timesofindia.indiatimes.com

www.jaypeejournals.com

https://blogs.wsj.com/indiarealtime

https://blogs.wsj.com/indiarealtime

https://www.hindustantimes.com
http://www.merinews.com
ANNEXURE
The information collected would be used for survey purpose and for our internal use only,
this information would not be available for any source or on request to any user/buyer. We
are doing a market survey or research on AIS 125 – National Ambulance Code recently
launched in Indian market for ambulances of all kinds.

1. I am

(a) Ambulance Builder (b) Ambulance Operator

(c) EMT & Paramedics (d) Other

2. Number of Ambulances currently owned by me are

(a) Less than 2 (b) 2-4

(c) 4-6 (d) More than 6

3. I have the following type of Ambulance

(a) ALS (b) BLS

(c) A (d) B

(e) C (f) D

(g)Both ALS & BLS

4. I am aware of AIS –National Ambulance CODE

(a) Yes (b) No

5. I prefer to choose the below mentioned vehicle to make an Ambulance

(a) TATA (b) FORCE

(c) SML ISUZU (d) Other

6. Whether I have an Ambulance as per AIS 125 currently

(a) Yes (b) No

7. I am very well aware about AIS 125 –National Ambulance code

(a) Aware (b) Not aware


8. I think AIS 125 will help the users and ambulance operator with the current guidelines as
mentioned in AIS 125: (1- Highly Important 2- Important 3-neutral 4- Least Important 5- Not
Important):

Parameters 1 2 3 4 5
considered
Vehicle chassis
characteristics
Body

Vehicle dimensions

Driver partition

Internal lighting &


illumination
Electrical circuit

Siren

9. Rate the given below medical equipment’s on the basis of their brand choice, if preferred? (1-
Highly Important 2- Important 3-neutral 4- Least Important 5- Not Important):

Medical equipment 1 2 3 4 5

Monitor

Self –loading
stretcher
Spine board

Ventilator

Suction machine

Emergency kit

10. I would like to rate the overall satisfaction of AIS 125 National code

(a) Highly satisfied (b) Satisfied

(c) Neutral (d) Dissatisfied

(e) Highly dissatisfied


Personal details:

S. No. ___________ Dated: - ____________

Name of the Representative: -

Hospital/Institution Name: -

Designation/Role: -

Address:-