Print ISSN: 2204-1990

Online ISSN: 1323-6903

Keywords : Mutual funds


A STUDY ON THE ROLE OF CHIT FUNDS AS MULTIFACET FINANCIAL COMPANIES IN THE STATE OF ANDHRA PRADESH

Dr V.N. Santhisree

Journal of Contemporary Issues in Business and Government, 2022, Volume 28, Issue 4, Pages 1032-1043
DOI: 10.47750/cibg.2022.28.04.078

Chit fund institution is indigenous, simple, easy, readily understood, and widely accepted by rural and urban middle-class people. It is a popular borrowing instrument. The aim is to pool small savings managed by a foreman who acts as a trustee-cum-supervisor for the process of collection and allotment for the pooled amount to catch members by rotation. Chit funds represent an ancient form of savings and credit institution before the banking system in rural India. Most of the financial needs of rural and urban middle-class people are taken care of by Chit funds. They meet their specific needs for large family functions, festivals, education, housing, agriculture, business, and medical expenses: most people, irrespective of urban and rural, avail this avenue for reasonable returns. Chit funds offer complete parallel banking services as a vast network of small business people, homemakers and salaried individuals. The popularity of chit funds has not been affected by the increased awareness of the mutual funds and equity market. The chit funds played a crucial role in the Indian financial system and worked as a bridge between the age-old financial practices and the modern banking system. Today chit fund in India is highly standardized and stands in the financial industry's status. Even after the enormous expansion of bank branches all over the country, chit funds continue to exist and expand more popularly than banks in many regions of the country.

A Study on Identifying Mutual Fund as an asset class for Alternative Investment with special reference to Mutual Fund amongst Generation Z

Dr. Priyanka Dukhande, Dr. Rahul Shah, Dr. Kavita Chakravarty

Journal of Contemporary Issues in Business and Government, 2022, Volume 28, Issue 4, Pages 1585-1590
DOI: 10.47750/cibg.2022.28.04.125

The word Savings and Investments are interchangeable in nature which plays an utmost importance in every person's life. Savings on one hand is to put money safely in a bank account while investing on other hand is to create a gradual increase in the wealth. There are various types of investment avenues available in India. People across various generations depending upon their objectives invest their money into various avenues available. Generation Z who are from mid 1990 to 2010 are the targeted population undertaken in this study. The study is an attempt to understand the awareness and the perception level of Generation Z population towards mutual funds as an investment objective. The sample chosen were from Mumbai city using simple random as the sampling technique. The three major variables studied were risk, returns and liquidity with respect to awareness and perception. The data was analyzed using regression and ANOVA technique. The study showed the investment pattern dependency was more on liquidity.

Study on Factors Influencing the Choice of Investors towards Mutual Funds

Nittan Arora; Dr. Sonia Chawla

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 5, Pages 41-57
DOI: 10.47750/cibg.2021.27.05.005

The study is based on a sample of 200 qualified respondents chosen using multistage random
sampling to understand the influence of various factors on investment decision and choice of
investment towards mutual funds. The article identifies association of attributes risk perception,
investment pattern and risk taking ability with demographic factors. Study mainly focuses on the
factors influencing the choice of investors towards mutual funds and the impact of demographic
factors on risk perception, investment pattern and risk taking ability of mutual fund investors.
283 respondents contacted for getting 200 mutual funds investors. Chi-square & Henry Garret
Rating techniques applied for analysis the data. Regular return on schemes has emerged to be the
most important factor and less Procedure least important factor that affects the choice of the
investors towards selecting mutual funds. Most of the demographic factors have no significant
association with investment pattern, risk perception and risk taking ability.

A comparative study on the investment preferences of retail investors towards risky vs. non risky investment options

Mrs Vatsala Manjunath; Dr Bipin Bankar

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 1, Pages 2167-2184

Increasing presence of retail investors, in the Indian financial markets, calls for extensive study on their investment habits and behavior. The current study tries to understand the impact of the demographic characteristics of the individual investor on risk appetite, investment habits and selection of mutual funds as an investment choice. The study also investigates the impact of the demographic characteristics on choice of risky investment options Vs. Non risky options and all the investment options together. Statistical tests used have been used to conclude that the demographic variables age and income have an influence on the investment choice of mutual funds. Based on the results of tests conducted on the data collected it was found that income levels of a respondent have an influence on the selection of the risky investment choices. It has been found that the previous literature has mainly focused on the relation between the demographics and selection of mutual funds alone or only single class of financial instruments. The current paper has categorized the investment into risky and non-risky, to study the association of the categories with the demographics of the sample. However the test was conducted with a sample size of 100. The sample selection method used in the study was convenience sampling. Similar studies can be conducted with a larger sample size. Stratified sample or cluster sampling method or stratified sampling method could be used to have a better representation of the population. It would be interesting to study how the data would behave on a larger scale. Further studies in the same line are very important on many fronts .Considering the importance of the retail investor in a developing economy like India; the current study would help us to understand the retail investor better. A better understanding of the behavior of the end user, will help the finance professionals to design more custom made financial products in the coming future.