A Study of Investment Behavior of Millennial’s in Pune City
Journal of Contemporary Issues in Business and Government,
2021, Volume 27, Issue 2, Pages 5974-5989
AbstractMillennial play very important role in financial sector of the economy. All millennials are bound
to disrupt,reshape & recounter the economy. The factor which influence on investment decisions
of millennials are financial knowledge, age, income, gender, rate of return, risk involved in
investment, objective of investment.
In this research, researcher has studied the investment behavior of millennials in Pune City,
factors influencing the investment decisions, Pattern of investment and problems faced by the
millennials while investing.
The current study reveals that there is no significant association exists in age and Investment
Avenue. Association between income and investment pattern are low degree negatively
correlated. If income increases then investment pattern falling down, however this proportion is
marginal. Therefore the significant association not revealed by the hypothesis testing.The study
found that financial knowledge is positively correlates with investment behavior.
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