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

Authors

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

Keywords:

Mutual funds, Generation Z, Risk, Return, Liquidity, Investment, Volatility, Regression.

Abstract

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.

References

• Gaurav Shreekant, R. S. Rai, T. V. Raman, Gurendra Nath Bhardwaj, Comparing Performance of Equity, Balanced and Debt Mutual Funds – Empirical evidences from India, International Journal of Innovative Technology and Exploring Engineering (IJITEE) ISSN: 2278-3075, Volume-8 Issue-9, July 2019

• Geeta Rani, Performance Analysis of Mutual Funds: A Study of Balanced Schemes, Performance Analysis of Mutual Funds: A Study of Balanced Schemes

• Ms. Sarika Keswani, Effect of Fund Size On The Performance Of Balanced Mutual Funds An Empirical Study In Indian Context, International Journal of Multidisciplinary Research Vol.1 Issue 4, August 2011, ISSN 2231 5780

• Ms. Shilpi Pala , Prof. Arti Chandani (2014), A Critical Analysis Of Selected Mutual Funds In India.

• Naresh Chaudhari (2020), PERFORMANCE EVALUATION OF SELECTED HYBRID MUTUAL FUNDS IN INDIA, GAP iNTERDISCIPLINARITIES A Global Journal of

Interdisciplinary Studies ( ISSN – 2581-5628 ) Impact Factor: SJIF - 5.047, IIFS - 4.875

• Shalini Goyal (2013) Mutual Funds in India.

• Dr. V. M. Anitha Rajathi, G.Vigneshwaran : Performance evaluation of mutual fund industry (a study with special reference to reliance and UTI MUTUAL FUND)

• P Suresh Pandian, Dr P Kannadas - A study of attitude towards Mutual Fund investments - International Journal of Management and Social Science.

Downloads

Published

2022-12-31

How to Cite

Dukhande, D. P. ., Shah, D. R. ., & Chakravarty, D. K. . (2022). A Study on Identifying Mutual Fund as an asset class for Alternative Investment with special reference to Mutual Fund amongst Generation Z. The Journal of Contemporary Issues in Business and Government, 28(4), 1585–1590. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2693