Angamuthu, B (2013) ROLE OF MUTUAL FUND IN THE RURAL HOUSEHOLDS (SCHEME PREFERENCE AND PERIOD OF INVESTMENT). Shanlax International Journal of Commerce, 1 (3). pp. 8-28. ISSN 2320-4168

[thumbnail of 14. Shanlax July 2013.pdf] Text
14. Shanlax July 2013.pdf - Published Version
Download (452kB)

Abstract

The Indian financial market is one of the fastest emerging markets in Asia but in the present financial market, where a large number of private financial companies have disappeared but Mutual Fund (MF) offer the best and safest avenue of investment of house hold savings. In order to, Mutual Fund Industry (MFI) has involved the expansion of Mutual Fund Schemes (MFs) and it has grown at average rate of nine percent during the period from 2001 to 2009. This study aims to study the preference of MFs among rural households and their period of investment. This empirical research were used to questionnaire-cum-interview schedule and the primary data was collected from 226 respondents in rural households of Madhuranthakam Taluk, Kancheepuram District, Tamil
Nadu state using multi-stage sampling method. This study found that 69 percent of the respondents have invested in monthly income plans. This is followed by more than 50% of
the respondents have invested in growth funds, income funds and tax saving fund. Age group, marital status, educational qualification, occupation and family income of the respondents in the rural households associated with their period of investment in MFs.

Item Type: Article
Uncontrolled Keywords: Mutual Fund, Investment Scheme, Rural Investor, Financial inclusion, Scheme Preference, Investment Period
Divisions: PSG College of Arts and Science > Department of Commerce
Depositing User: Mr Team Mosys
Date Deposited: 01 Mar 2022 10:48
Last Modified: 01 Mar 2022 10:48
URI: http://ir.psgcas.ac.in/id/eprint/510

Actions (login required)

View Item
View Item
Altmetric