A Study on Investors’ Attitude Towards Mutual Funds Investment in South Tamilnadu

Abstract

The mutual fund is a type of professionally-managed collective investment scheme which pools money from many investors. The main purpose of doing this research is to know about investor’s perceptiontowards Mutual Fund. The study area covered under selected three districts in south Tamilnadu. In the demographic variables age, educational qualification, occupational and marital status were negativelycorrelated whereas monthly income alone positively correlated to factors consider while invest in mutual fund. Occupational and monthly incomes were significant in 5 per cent level. Therefore, the null hypothesis in respect of both occupational and monthly income was rejected. Hence, it is concluded that the investors to select the schemes based on certain investment knowledge as well as investment experience.