Open Access
Subscription Access
Open Access
Subscription Access
Investors Preferences for Mutual Fund Investments-factor Analysis
Subscribe/Renew Journal
The shifts in risk preferences and risk perceptions are due to changing investment climate like the global downturn that was witnessed due to the subprime crisis. The present study conducted after the economic crisis attempts to understand preferred investment avenues for mutual funds and identify the significant factor using factor analysis. The significant factor identified is security preferences which include following variables: Partnership with reputed financial institutions like banks; Fringe benefits and Grievance redressal machinery indicating a shift in preferences from monetary considerations as was evident from previous literature reviews.
Subscription
Login to verify subscription
User
Font Size
Information
- Alexander, G.J.; J. D. Jones, and P. J. Nigro, 2009. Mutual Fund Shareholders: Characteristics, Investor Knowledge, and Sources of Information. Retrieved from www.ingentaconnect.com/content/els/10570810/1998/... /art0002.
- Bailey, W, A. Kumar and, D Ng, 2009. Behavioral Biases and Mutual Fund Clienteles. Retrieved on 3rd November 2009 from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1108163 (1).
- Borensztein, E., and R.G. Gelos, 2001. A Panic-Prone Pack? The Behavior of Emerging Market Mutual Funds. CESifo Working Paper Series No: 564 and IMF Working Paper Series No: 00/9. Retrieved on 17th August 2009 from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=258438.
- Burch, T.R., D. R. Emery, and M. E. Fuerst, 2003. What Can Nine-Eleven Tell Us About Closed-End Fund Discounts And Investment Sentiment? The Financial Review, Vol.38:515-529.
- Chander, R. 2006. Investment Managers' Market Timing Abilities: Empirical Evidences. The ICFAI Journal of Applied Finance, Vol.12 (8): 15-31.
- Detzler, M.L., 2002. The Value of Mutual Fund Rankings to the Individual Investor. Journal of Business and Economic Studies, Vol. 8(2):48-72. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1093305.
- Goetzmann, W.N., and N. Peles, 1997. Cognitive Dissonance and Mutual Fund Investors. The Journal of Financial Research, Vol.XX (2): 145-158.
- Murty, A., 2002. Brand Building: The Key. Chartered Financial Analyst, July: 45-46.
- Muttapan, P. K. 2006. Factors influencing Mutual Fund Investment Decision Making. Southern Economist, September: 7-10.
- Panda, T.K., and N.P. Tripathy, 2001. Customer Orientation in Designing Mutual Fund Products- An Analytical Approach to Indian Market Preferences. Retrieved from http://dspace.iimk.ac.in/bitstream/2259/198/1/customer+orientation.pdf on 20th April 2009.
- Rajarajan, V., 2003. Investors' Demographics and Risk Bearing Capacity. Finance India, Vol.17 (2): 565-576.
- Rajeswari, T.R., and V.E. RamaMoorthy, 2001. An Empirical Study on Factors Influencing the Mutual Fund/Scheme Selection by Retail Investors. Retrieved on May 2008 from http://www.utiicm.com/Cmc/PDFs/2001/rajeswari.pdf.
- Ranganathan, K. 2006. A Study of Fund Selection Behavior of Individual Investors towards Mutual Funds: With Reference To Mumbai City. The ICFAI Journal of Behavioral Finance, Vol. 3(2):63:88.
- Rao, P. P., and V. Saikia, 2006. Mutual Funds: Exploring the Retail Customer Expectations. The ICFAI Journal of Services Marketing, Vol. IV (2): 25-33.
- Sidana, G., and D. Acharya, 2007. Classifying Mutual Funds in India: Some Results from clustering, Indian Journal of Economics and Business, 6(1): 71-79.
- Singh, G. 2003. Mutual Funds – Performance Evaluation of Equity Funds. The Indian Journal of Commerce, Vol.56 (4), 47-55.
- Singh, J., and S. Chander, 2004. An Empirical Analysis of Perceptions of Investors towards Mutual Funds. Finance India, Vol.XVIII (4), December, 1673-1692.
- Singh, Y.P., and Vanita, 2002. Mutual Fund Investors' Perceptions and Preferences-A Survey. The Indian Journal of Commerce, Vol.55 (3):8-20.
- Sridhar, A.N., 2009. Facing Tough Times. Chartered Financial Analyst, February: 41-44.
- Tripathy, N.P. 1996. Mutual Fund in India: A Financial Service in Capital Market. Finance India, Vol. X (1): 85-91.
Abstract Views: 751
PDF Views: 2