Small Active Investors' Perceptions and Preferences Towards Tax Saving Mutual Fund Schemes in Eastern India: An Empirical Note

Jitendra Kumar, Anindita Adhikary and Ajeya Jha
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Jitendra Kumar: Department of Management Studies, Sikkim Manipal Institute of Technology, Majitar, India
Anindita Adhikary: Department of Management Studies, Sikkim Manipal Institute of Technology, Majitar, India
Ajeya Jha: Department of Management Studies, Sikkim Manipal Institute of Technology, Majitar, India

International Journal of Asian Business and Information Management (IJABIM), 2017, vol. 8, issue 2, 35-45

Abstract: Perception and preference factor plays an important role and help the investor to understand and make the meaningful investment decisions. These two factors are highly influenced by demographic differences of an investor. The present study aims to examine the perception and preference factors influencing the investment behavior of an investor based on various demographics differences. Survey method of primary data collection techniques was adopted to collect responses of 750 respondents from Eastern India particularly (state capital or satellite towns having the population of 10,00,000) Bihar, Jharkhand, Odisha, West Bengal, Sikkim and Assam. Results of the present study suggest that significant demographics differences occur in investment perceptions and preferences towards tax saving mutual fund investments among the investors.

Date: 2017
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