Open AccessINVESTORS' PERCEPTION TOWARDS MUTUAL FUND STUDY WITH REFERENCE TO EAST GODAVARI ANDHRA PRADESH
Author(s) -
G.V.D. N. Prasad Rao,
P. Satyanarayana,
D. Suryachandra Rao
Publication year - 2021
Publication title -
paripex indian journal of research
Language(s) - English
DOI - 10.36106/paripex/4005138
Subject(s) - mutual fund , diversification (marketing strategy) , open end fund , fund administration , business , investment fund , manager of managers fund , target date fund , closed end fund , fund of funds , income fund , finance , stock (firearms) , economics , institutional investor , market liquidity , geography , corporate governance , marketing , archaeology
The mutual fund industry in India has registered significant growth since the liberalization of Indian Economy in 1991 and hasemerged as a significant financial intermediary.The growing importance of Indian mutual funds may be noted in terms of theincreased mobilization of funds and the increasing number of schemes and investors in the industry.The results show thatthere is a significant association between educational qualification of the investors and the risk tolerance level andoccupation of the investors and the risk tolerance level.The results further indicate that there is no significant associationbetween occupation of the investors and the level of knowledge of mutual fund and monthly savings of the investors and thelevel of knowledge of mutual fund.Therefore, the investors have to consider the prevailing rate of risk free returns and tocompare the fund returns with it. Based on this the selection of schemes and the choice of investment avenues can bedecided.Due to the fund man timing skill,stock selection ability,imperfect diversification the schemes had suffered with lowreturn. Hence to increase the fund return the concerned fund managers have to improve all these skills.