Paper Title

INVESTOR ATTRIBUTES AND INVESTMENTDECISIONS

Abstract

Investment advisory is an emerging financial service; hence this study can be valuable to investors, brokers, financial planners, students of investment finance, etc. They help investors to make better investment decisions related to their portfolio. This study aims to understand factors underlying the investment decisions of the sample. It also conducts post hoc testing for significant variables in order to find out significant categories. The study found that most of the investors do not plan beyond regular expenses, however many of them are keen to attend training sessions in financial services. Age and annual income are the significant factor which can cause change in the investment of an individual. Gender and occupation are not an important factor affecting the investment decision. The study also found Knowledge, confidence and satisfaction from broker are important factors of investment and they can affect the investment decision of investors. This study recommends that households and retail investors should educate themselves about investment in stock market and more women should start investing in stock markets.Investors can do tactical portfolio allocation, shifting funds between bonds and equity depending on bullish and bearish market. Regular investment makes them more confident about their investment decisions. This study is limited to some investors only and it focuses only on some attributes of investors. This Study can focus on other factors that are affecting investment decisions like investment advisor’s influence, brokerage charges etc.
KEYWORDS : Financial service, Investors, Brokers, Financial planners, Households and Retail investors, Stock market, Bullish and Bearish market.

Paper Title

A STUDY ON DEMOGRAPHICS FACTORS INFLUENCING THE INVESTMENTS IN MUTUAL FUNDS

Abstract

A mutual fund is an investment company that creates a bridge between individual investors or retail investors and corporate giants. Mutual funds provide an investment option for investors who are not aware about stock market and prefer to invest in a nominal amount of money. This paper attempts to describe the association between the demographics and the factors influencing investors decision in Mutual fund investments. The sample size for the study is restricted to 126 respondents in Hyderabad city using purposive sample method. The study used demographics variables namely age, marital status, gender, education, income and occupation and factors influencing investors decision such as liquidity, risk (diversification), Capital Appreciation, Tax benefit, Low cost, Future requirement, Safety & Return.
KEYWORDS : Investors Decision, Investments, Mutual Funds, Investors Attributes.

Paper Title

RIGHT TO INFORMATION MOVEMENT IN INDIA

Abstract

To intensify the process of shifting the paradigm from the state-centered development model to the citizen-centered model, the Movement for the right to information in India emerged in 1900, resolving an important contradiction between the colonial laws, which prevented the access to information and independence after the Indian Constitution 0 which recognizes the search for information as a fundamental right to promote a transparent, responsible, responsible, participatory and decentralized democracy. Following the basic movement for the right to information to fight corruption, well-informed citizens and promote good governance, the state responded in the form of the Right to Information - 2005. With the introduction of the law on the Right to All 2005 information, colonial laws, such as the law on official secrets, the law on the evidence of India and the rules of the code of conduct of the public function, which contain provisions that limit the fundamental right to information guaranteed to citizens in the constitution, have become irrelevant.
KEYWORDS : Paradigm, Colonial Acts, Right to Information Act- 2005, Indian Constitution, Indian Evidence Act Civil Service Code, Decentralized democracy, Corruption

Paper Title

SURVEY ON COGNITIVE BIAS AND INVESTING

Abstract

Behavioural finance is the art of understanding investor behaviour which can inform investors about biases and help them improve their decision-making processes in selecting investment services, products, and strategies. The study focuses on four biases that occur in investment decisions – Overconfidence bias, Confirmation bias, Anchoring bias and Self-Serving bias. The main objective is to study the investment decision making process and also to conduct hypothesis testing to confirm correlation of biases with specific demographic attributes. Primary data was collected through a structured questionnaire and Purposive Sampling method was used. Crosstabs and Partial correlation were used to analyze the data. Kruskal-Wallis test was done to identify categories where differences occur. From the analysis, it was found that investment period, portfolio activity and return expectation differ based on gender. With the help of Kruskal-Wallis test, it was found that there is significant difference in overconfidence and self-serving bias based on age factor and monthly income. After completing this study, we got to know that investors behave more irrationally than rationally. Not many people are aware of how, when and where to invest their money. There is information overload and so investors turn to heuristics for quick decision-making. Investors or Portfolio managers should learn how to manage emotions. They should calmly evaluate the investment decisions and benefit from the opportunities provided by the events.
KEYWORDS : Investor, Decision, Bias, Study, Investment, portfolio.

Paper Title

A STUDY ON TRENDS AND ROLE OF SMALL SAVINGS IN INDIAN ECONOMY

Abstract

Saving is defined as the difference between income and consumption. The importance of this study is to know the trends of small savings in Indian economy. The variables used in this study are the receipts and out-standings of 11 small saving schemes (such as Post Office Savings, NSC-1987, PPF, etc.) for the years 2001 to 2018. The data used in this study is Secondary data from Reserve Bank of India’s Handbook. The study compares each scheme pairwise using t-Test to understand which schemes are still popular in India in terms of receipts. As per the Analysis it is found that there is a significant difference between various schemes. All the schemes are showing downward trend in receipts since 2012. There is a healthy payment (redemption) trend by all schemes in terms of decrease in outstanding amounts. Of all the 11 schemes of the study, PO and PPF are popular small saving options in India. Despite competition from other savings options such as Chit Funds, small savings schemes still occupy an important place in the Indian economy. With the growing middle-class household families having limited risk-bearing capacity, increasing number of small saving schemes can provide an opportunity to invest with safety Small Saving schemes at a very early stage will give better returns. The data was only available from the Reserve Bank of India for the period 2001 to 2018. So, the analysis is done to such extent only.
KEYWORDS : Income, Indian economy, Chit Funds, Saving schemes, Reserve Bank of India, PO and PPF.

Paper Title

RISK & RETURN FROM THE DIVERSIFIED VS NON-DIVERSIFIED PORTFOLIO

Abstract

This paper centers around the investigation of portfolio diversification and risk and return analysis. This paper shows the way that portfolio expansion is ideal for risk and return. risk has consistently been the worry of supervisor and investors as a piece of basic leadership forms. Supervisors will in general control for the most part unsystematic risk while attempting to limit the presentation to orderly (advertise) chance. The paper intends to evaluate the risk level and risk return exchange offs for the arbitrarily chosen organizations from 5 unique parts recorded in Indian financial exchange. A broadening equation was utilized to figure the risk and profit for a yearly premise from the year 2013 to 2018. The risk and profit counts were directed for the arrangement of individual businesses and furthermore on every one of the enterprises taken together. The analysis depends on securities exchange returns and not on the monetary returns of the organization. The analysis doesn\'t think about all the co\'s. however just on few. It just attempts to think about portfolios dependent on whether the venture is in single industry or a few enterprises. The last piece of the analysis is finished utilizing: Mean returns, Standard deviation, Co variance, Return per unit of risk, Coefficient of difference Expostfac to technique,normalreturn.SoaspermyexplorationIfoundthatdifferentiatedportfolio is player than non- diversified portfolio.
KEYWORDS : Portfolio theory, Portfolio diversification, Risk, Return.

Paper Title

ROLE OF ONLINE COMMUNITIES IN BUILDING CUSTOMER LOYALTY

Abstract

Customer loyalty helps the organizations to keep the customers coming back to the stores. With the ever growing digital embracement by the consumers, organizations are building online communities to build customer loyalty. This paper examines how organizations are building customer loyalty by leveraging digital platforms. Present paper explores how Oneplus brand has built Red Cable Club community to build the customer loyalty. Apart from building online communities on regular social media platforms like Facebook, Twitter, and Instagram, brands are building their own online communities to avoid the distractions from the competitors and building better customer and brand loyalty.
KEYWORDS : Customer loyalty, Online communities, Virtual communities, Brand loyalty, Facebook page