An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals

Sanjay Kumar; Sonal Gupta; Parul Mittal

doi:doi:10.11648/j.jim.20231202.12

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An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals

Sanjay Kumar, Sonal Gupta, Parul Mittal

Published in Journal of Investment and Management (Volume 12, Issue 2)

Received: 18 July 2023 Accepted: 7 August 2023 Published: 14 September 2023

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Abstract

In the current scenario, the most dynamic segment is the Investment companies that boost the financial system of any country. The income of households is increasing day by day because now, both male and female family member prefers to do work. As the income increases the purchasing power and the investment of the individuals are also increasing. People start searching innovative options of investment according to their needs. This research analyzes the socio-economic profile of the investors and the impact of socio-economic profile on the investment pattern of salaried and business-class people. For achieving the objectives, 100 respondents from Haryana State, having diverse socio-economic profiles were surveyed. The study results show that there is no significant difference between the choice of respondents regarding different Investment alternatives and the occupation of the respondents except fixed deposit and chit funds. The results found that the investors of same occupation donot invest same percentage of their income but Investors lie in the same annual income category generally invest same percentage of their income. The income of the respondents depends on the occupation of the respondents. The capacity and the percentage of investment depends on the income level of respondents. The research found that the knowledge of individuals is increasing day by day as they start investing their money in diverse investment options.

Published in	Journal of Investment and Management (Volume 12, Issue 2)
DOI	10.11648/j.jim.20231202.12
Page(s)	26-34
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Saving, Investment, Investment Behaviour, Salaried, Business Class, Investment Pattern

References

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APA Style

Sanjay Kumar, Sonal Gupta, Parul Mittal. (2023). An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals. Journal of Investment and Management, 12(2), 26-34. https://doi.org/10.11648/j.jim.20231202.12

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ACS Style

Sanjay Kumar; Sonal Gupta; Parul Mittal. An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals. J. Invest. Manag. 2023, 12(2), 26-34. doi: 10.11648/j.jim.20231202.12

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AMA Style

Sanjay Kumar, Sonal Gupta, Parul Mittal. An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals. J Invest Manag. 2023;12(2):26-34. doi: 10.11648/j.jim.20231202.12

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@article{10.11648/j.jim.20231202.12,
  author = {Sanjay Kumar and Sonal Gupta and Parul Mittal},
  title = {An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals},
  journal = {Journal of Investment and Management},
  volume = {12},
  number = {2},
  pages = {26-34},
  doi = {10.11648/j.jim.20231202.12},
  url = {https://doi.org/10.11648/j.jim.20231202.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20231202.12},
  abstract = {In the current scenario, the most dynamic segment is the Investment companies that boost the financial system of any country. The income of households is increasing day by day because now, both male and female family member prefers to do work. As the income increases the purchasing power and the investment of the individuals are also increasing. People start searching innovative options of investment according to their needs. This research analyzes the socio-economic profile of the investors and the impact of socio-economic profile on the investment pattern of salaried and business-class people. For achieving the objectives, 100 respondents from Haryana State, having diverse socio-economic profiles were surveyed. The study results show that there is no significant difference between the choice of respondents regarding different Investment alternatives and the occupation of the respondents except fixed deposit and chit funds. The results found that the investors of same occupation donot invest same percentage of their income but Investors lie in the same annual income category generally invest same percentage of their income. The income of the respondents depends on the occupation of the respondents. The capacity and the percentage of investment depends on the income level of respondents. The research found that the knowledge of individuals is increasing day by day as they start investing their money in diverse investment options.},
 year = {2023}
}

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TY - JOUR
T1 - An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals
AU - Sanjay Kumar
AU - Sonal Gupta
AU - Parul Mittal
Y1 - 2023/09/14
PY - 2023
N1 - https://doi.org/10.11648/j.jim.20231202.12
DO - 10.11648/j.jim.20231202.12
T2 - Journal of Investment and Management
JF - Journal of Investment and Management
JO - Journal of Investment and Management
SP - 26
EP - 34
PB - Science Publishing Group
SN - 2328-7721
UR - https://doi.org/10.11648/j.jim.20231202.12
AB - In the current scenario, the most dynamic segment is the Investment companies that boost the financial system of any country. The income of households is increasing day by day because now, both male and female family member prefers to do work. As the income increases the purchasing power and the investment of the individuals are also increasing. People start searching innovative options of investment according to their needs. This research analyzes the socio-economic profile of the investors and the impact of socio-economic profile on the investment pattern of salaried and business-class people. For achieving the objectives, 100 respondents from Haryana State, having diverse socio-economic profiles were surveyed. The study results show that there is no significant difference between the choice of respondents regarding different Investment alternatives and the occupation of the respondents except fixed deposit and chit funds. The results found that the investors of same occupation donot invest same percentage of their income but Investors lie in the same annual income category generally invest same percentage of their income. The income of the respondents depends on the occupation of the respondents. The capacity and the percentage of investment depends on the income level of respondents. The research found that the knowledge of individuals is increasing day by day as they start investing their money in diverse investment options.
VL - 12
IS - 2
ER -

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Author Information

Sanjay Kumar

Faculty of Management and Commerce, Baba Mastnath University, Rohtak, India
Sonal Gupta

Faculty of Management and Commerce, Baba Mastnath University, Rohtak, India
Parul Mittal

Department of Commerce, KLP College, Rewari, India

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APA Style

Sanjay Kumar, Sonal Gupta, Parul Mittal. (2023). An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals. Journal of Investment and Management, 12(2), 26-34. https://doi.org/10.11648/j.jim.20231202.12

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ACS Style

Sanjay Kumar; Sonal Gupta; Parul Mittal. An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals. J. Invest. Manag. 2023, 12(2), 26-34. doi: 10.11648/j.jim.20231202.12

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AMA Style

Sanjay Kumar, Sonal Gupta, Parul Mittal. An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals. J Invest Manag. 2023;12(2):26-34. doi: 10.11648/j.jim.20231202.12

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@article{10.11648/j.jim.20231202.12,
  author = {Sanjay Kumar and Sonal Gupta and Parul Mittal},
  title = {An Empirical Study on Investment Choices and Behaviour of Salaried and Business Class Individuals},
  journal = {Journal of Investment and Management},
  volume = {12},
  number = {2},
  pages = {26-34},
  doi = {10.11648/j.jim.20231202.12},
  url = {https://doi.org/10.11648/j.jim.20231202.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20231202.12},
  abstract = {In the current scenario, the most dynamic segment is the Investment companies that boost the financial system of any country. The income of households is increasing day by day because now, both male and female family member prefers to do work. As the income increases the purchasing power and the investment of the individuals are also increasing. People start searching innovative options of investment according to their needs. This research analyzes the socio-economic profile of the investors and the impact of socio-economic profile on the investment pattern of salaried and business-class people. For achieving the objectives, 100 respondents from Haryana State, having diverse socio-economic profiles were surveyed. The study results show that there is no significant difference between the choice of respondents regarding different Investment alternatives and the occupation of the respondents except fixed deposit and chit funds. The results found that the investors of same occupation donot invest same percentage of their income but Investors lie in the same annual income category generally invest same percentage of their income. The income of the respondents depends on the occupation of the respondents. The capacity and the percentage of investment depends on the income level of respondents. The research found that the knowledge of individuals is increasing day by day as they start investing their money in diverse investment options.},
 year = {2023}
}

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