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- Title
Factors Affecting Investor Behavior Towards Mutual Fund SIP in Maharashtra: An Analysis.
- Authors
Jagtap, Manisha V.
- Abstract
The paper examines investor behavior towards systematic investment plan (SIP) in mutual funds (MF) and the factors that encourage investors to invest in the same. Snowball sampling technique was used for collecting data from 200 respondents from Karad city, Maharashtra. The data was analyzed using various statistical tools like Karl Pearson correlation coefficient (r) matrix and regression model. It is found that gender and education show a negative relationship with investment in SIP, indicating that these variables have an insignificant negative correlation. Income has positive relationship with investment in SIP, which means there is a significant positive correlation among the variables.
- Subjects
INVESTORS; MUTUAL funds; PEARSON correlation (Statistics); SNOWBALL sampling; REGRESSION analysis
- Publication
IUP Journal of Accounting Research & Audit Practices, 2024, Vol 23, Issue 3, p218
- ISSN
0972-690X
- Publication type
Article