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A Study on Preferred Investment Avenues among HNI Investors in the city of Indore, M.P ,India

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A Study on Preferred Investment Avenues among HNI Investors in the city of Indore, M.P ,India
A Study on Preferred Investment Avenues among HNI Investors in the city of Indore, M.P ,India Abstract
Investment is the employment of funds on assets with the aim of earning income or capital appreciation. Investment is the most important things today. People are earning more, but they do not know where, when and how to invest it. A proper understanding of money, its value, the available avenues for investment, various financial institutions, the rate of return/risk etc., are essential to successfully manage one’s finance for achieving life’s goal. Through this study, an analysis has been made into preferred investment avenues among high net worth individuals in the city of Indore, Madhya Pradesh, India. Indore a hub for business class The result s highlight that certain factors like education level, awareness about the current financial system, age of investors etc… make significant impact while deciding the investment avenues. The study is based on personal interviews with high net worth individuals, using a structured questionnaire. Actually, the present study identifies the preferred investment avenues among the individual investors using self assessment test. The study is based on primary sources of data which are collected by distribution of a close ended questionnaire. The data will be analyzed using percentage and chi-square test with the help of statistical software. There are large numbers of investment opportunities available today. In this study it will be examined how the HNI investors managing their investments.

INTRODUCTION
The developing countries like India face the enormous task of finding sufficient capital in their development efforts. Most of these countries find it difficult to get out of the vicious circle of poverty of low income, low saving, low investment, low employment etc. With high capital output ratio, India needs very high rates of investments to make a leap forward in her efforts



References: Openiyi, F.O. 1982. Saving Investment Behaviour of Farm Household in Ikale and Ilaje/Ese-Odo LGA of Ondo State, Nigeria. Unpublished B. Agric. Project Report. Pp 11, 35. Ayanwale, A.B. and A. S. Bamire. 2000. ‘‘Rural income, savings and investment behavior among farmers in Osun state of Nigeria.” The Indian Journal of Economics, LXXXI(320): 49-60. Richard J Thaler, (1999), ‘Mental Accounting Matters’ , Journal of Behavioural Decision making, 12, pp 183-206. Slovic, P. (1972). ‘Psychological study of human judgement: Implications for investment decision making’, Journal of Finance, 27:779-801. Kothari, C.R., (2004) Research Methodology-Methods and techniques, New Ageinternaional publishers, New Delhi. Somasundaran, V.K., (1998), A study on Savings and investment pattern of salaried class in Coimbatore district, T122, Bharathiyar University, Coimbatore. Abdus Salam and Umma Kulsum (2004) Savings behaviour in India: An empirical study, in S. Murty (ed), Fiscal and Monetary State in India : Some Aspects, RBSA, New Delhi. Antonides, G., and N.L. Van Der Sar. (1990). Individual expectations, risk perception and preferences in relation to investment decision-making, Journal of Economic Psychology, 11(2), 227-45. Arangasami, A. (1992). A study of small savings schemes in Tamil Nadu with special reference to Madras District during 1981-82 to 1990-91, unpublished thesis, University of Madras, Tamilnadu, India. Jayaraman, R. (1987). A study of small savings schemes in North Arcot District, 1976- 86, unpublished thesis, University of Madras, Tamilnadu, India. Karthikeyan, B. (2001). Small Investors ' Perception on Post Office Small Savings Schemes, unpublished thesis, Madras University, Tamilnadu, India. Kothari, C.R. (2004). Research Methodology - Methods and techniques, New Delhi: New Age International Publishers, 2nd Edition.

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