Result Summary for Survey:Managing Finances Through The Downturn

1. Which of these describes you best? (Choose one)
	answered question	112
	skipped question	0
	Response Percent	Response Count
Student / Not working now		8.9%	10
0 - 2 years' work experience		12.5%	14
3 - 6 years' work experience		44.6%	50
7 - 15 years' work experience		20.5%	23
16 or more years' work experience		11.6%	13
Retired		1.8%	2

2. The rough current value of my assets is

answered question

108

skipped question

Current Value
	won't disclose	Rs. 0	Rs. 0 to Rs. 1 lakh	Rs. 1 lakh to Rs. 3 lakhs	Rs. 3 lakhs to Rs. 10 lakhs	Rs. Rs. 11 lakhs to Rs. 25 lakhs	Rs. 25 lakhs and more	Response Count
savings bank accounts	15.9% (17)	7.5% (8)	47.7% (51)	15.0% (16)	7.5% (8)	3.7% (4)	2.8% (3)	107
fixed deposits	15.4% (14)	28.6% (26)	26.4% (24)	14.3% (13)	11.0% (10)	1.1% (1)	3.3% (3)	91
mutual funds	16.3% (15)	29.3% (27)	23.9% (22)	21.7% (20)	3.3% (3)	2.2% (2)	3.3% (3)	92
shares and derivatives	15.9% (14)	37.5% (33)	23.9% (21)	9.1% (8)	5.7% (5)	1.1% (1)	6.8% (6)	88
investment property	18.3% (15)	45.1% (37)	0.0% (0)	0.0% (0)	6.1% (5)	7.3% (6)	23.2% (19)	82
gold	12.5% (10)	37.5% (30)	23.8% (19)	5.0% (4)	13.8% (11)	3.8% (3)	3.8% (3)	80
art	17.3% (13)	66.7% (50)	9.3% (7)	5.3% (4)	0.0% (0)	0.0% (0)	1.3% (1)	75
other assets	21.3% (17)	36.3% (29)	20.0% (16)	6.3% (5)	11.3% (9)	3.8% (3)	1.3% (1)	80

3. Which of these statements describe your financial situation? (Choose all that apply)
	answered question		111
	skipped question		1
		Response Percent	Response Count
I have only 1 bank account		23.4%	26
I have multiple bank accounts		76.6%	85
I have money in mutual funds		49.5%	55
I manage the mutual fund account(s) myself		27.9%	31
I have money in the stock market		41.4%	46
I manage my money in the stock market myself		32.4%	36
I have money in the commodities market		2.7%	3
I manage my money in the commodities market myself		1.8%	2
I have money trading in the derivatives market		2.7%	3
I manage my money in the derivatives market myself		3.6%	4
I have life insurance as an investment		33.3%	37
I have life insurance, but as protection more than investment		33.3%	37
I have a home loan		21.6%	24
I have invested in property - other than what I live in		19.8%	22
I have taken personal loans from a bank		16.2%	18
I have taken a car loan		21.6%	24
I invest in gold		16.2%	18
I have a credit card		46.8%	52
I have more than one credit card		39.6%	44
I have a FD		43.2%	48
I have a portfolio managed by someone else		6.3%	7

4. With this economic slowdown...
	answered question		109
	skipped question		3
		Response Percent	Response Count
I'm afraid of losing my job		16.5%	18
I may lose my job but I'm not afraid		22.0%	24
My income / salary has been cut		31.2%	34
My income / salary stays the same		31.2%	34
I'm cutting down on expenses		51.4%	56
I'm seeing if I can get a lower rate on loans I've taken		15.6%	17
I'm seeing if I can get a higher rate of interest		13.8%	15
I'm getting out of the stock market		4.6%	5
I'm getting into the stock market		19.3%	21
I'm laying low and doing nothing		22.0%	24
I'm postponing holidays and other non-essential expenses		28.4%	31
I've had to change my lifestyle		14.7%	16
I'm living the same lifestyle as before - just a lot more carefully.		50.5%	55
I'm not affected one bit.		6.4%	7
I never had a financial plan before this		10.1%	11
My earlier financial plan has gone for six		6.4%	7
My earlier financial plan stays		11.0%	12
I'd like some financial advice on what to do.		14.7%	16
I don't need any financial advice - I know what to do.		14.7%	16

5. Which of the following financial brands are most suited for the following profiles of people: (you can choose more than one brand per profile if you like)
	answered question											89
	skipped question											23
	SBI	ICICI	HDFC	Kotak	HSBC	DBS	American Express	Standard Chartered	Axis	Saraswat	Citi	Response Count
Student	73.2% (52)	36.6% (26)	8.5% (6)	0.0% (0)	2.8% (2)	0.0% (0)	0.0% (0)	0.0% (0)	11.3% (8)	5.6% (4)	0.0% (0)	71
Small or startup entrepreneur	50.7% (34)	50.7% (34)	22.4% (15)	9.0% (6)	10.4% (7)	0.0% (0)	0.0% (0)	1.5% (1)	19.4% (13)	6.0% (4)	9.0% (6)	67
Mid-sized entrepreneur	50.9% (28)	30.9% (17)	18.2% (10)	12.7% (7)	23.6% (13)	5.5% (3)	0.0% (0)	7.3% (4)	16.4% (9)	1.8% (1)	16.4% (9)	55
Big-time entrepreneur	45.3% (24)	32.1% (17)	20.8% (11)	9.4% (5)	26.4% (14)	7.5% (4)	18.9% (10)	20.8% (11)	7.5% (4)	0.0% (0)	32.1% (17)	53
Fresher at a job	33.3% (20)	55.0% (33)	23.3% (14)	13.3% (8)	8.3% (5)	3.3% (2)	3.3% (2)	5.0% (3)	10.0% (6)	6.7% (4)	13.3% (8)	60
Manager-level person	32.3% (21)	41.5% (27)	30.8% (20)	16.9% (11)	33.8% (22)	1.5% (1)	12.3% (8)	18.5% (12)	13.8% (9)	3.1% (2)	21.5% (14)	65
Senior person / VP-type	31.4% (16)	27.5% (14)	19.6% (10)	15.7% (8)	43.1% (22)	13.7% (7)	43.1% (22)	29.4% (15)	9.8% (5)	0.0% (0)	41.2% (21)	51
CEO and such	20.0% (11)	25.5% (14)	14.5% (8)	10.9% (6)	43.6% (24)	20.0% (11)	47.3% (26)	25.5% (14)	5.5% (3)	0.0% (0)	38.2% (21)	55
Spouse	47.2% (25)	43.4% (23)	13.2% (7)	7.5% (4)	17.0% (9)	0.0% (0)	7.5% (4)	5.7% (3)	7.5% (4)	3.8% (2)	11.3% (6)	53
Kids	56.9% (29)	43.1% (22)	13.7% (7)	3.9% (2)	7.8% (4)	0.0% (0)	2.0% (1)	3.9% (2)	5.9% (3)	2.0% (1)	5.9% (3)	51
Parents	57.4% (31)	40.7% (22)	18.5% (10)	7.4% (4)	9.3% (5)	3.7% (2)	3.7% (2)	5.6% (3)	9.3% (5)	5.6% (3)	11.1% (6)	54
NRIs	25.0% (14)	37.5% (21)	12.5% (7)	3.6% (2)	30.4% (17)	5.4% (3)	26.8% (15)	17.9% (10)	5.4% (3)	0.0% (0)	39.3% (22)	56

6. Which of the following financial brands would you turn to for: (choose all that apply)
	answered question									93
	skipped question									19
	ICICI	HDFC	Kotak	HSBC	Standard Chartered	SBI	Saraswat	Axis	Citi	Response Count
savings accounts	49.4% (44)	16.9% (15)	3.4% (3)	15.7% (14)	5.6% (5)	50.6% (45)	3.4% (3)	13.5% (12)	10.1% (9)	89
FDs	26.8% (19)	18.3% (13)	2.8% (2)	9.9% (7)	1.4% (1)	60.6% (43)	5.6% (4)	5.6% (4)	1.4% (1)	71
stock broking	53.3% (32)	20.0% (12)	20.0% (12)	5.0% (3)	0.0% (0)	13.3% (8)	1.7% (1)	3.3% (2)	5.0% (3)	60
credit cards	41.1% (30)	15.1% (11)	4.1% (3)	24.7% (18)	20.5% (15)	16.4% (12)	0.0% (0)	2.7% (2)	38.4% (28)	73
investments	35.1% (20)	22.8% (13)	26.3% (15)	22.8% (13)	3.5% (2)	33.3% (19)	1.8% (1)	3.5% (2)	5.3% (3)	57
home loans	27.1% (19)	30.0% (21)	1.4% (1)	5.7% (4)	2.9% (2)	61.4% (43)	1.4% (1)	7.1% (5)	4.3% (3)	70
unbiased advice	16.3% (8)	14.3% (7)	12.2% (6)	18.4% (9)	4.1% (2)	46.9% (23)	6.1% (3)	6.1% (3)	8.2% (4)	49
great service	30.0% (18)	15.0% (9)	13.3% (8)	28.3% (17)	6.7% (4)	23.3% (14)	0.0% (0)	5.0% (3)	18.3% (11)	60
car loans	34.5% (19)	18.2% (10)	3.6% (2)	7.3% (4)	0.0% (0)	41.8% (23)	1.8% (1)	3.6% (2)	14.5% (8)	55
investing expertise	24.5% (12)	12.2% (6)	20.4% (10)	26.5% (13)	14.3% (7)	24.5% (12)	0.0% (0)	4.1% (2)	22.4% (11)	49
business financing	37.0% (20)	16.7% (9)	9.3% (5)	24.1% (13)	9.3% (5)	48.1% (26)	7.4% (4)	7.4% (4)	24.1% (13)	54