Data-driven behaviour finance for mutual fund investment decision making

Title

Data-driven behaviour finance for mutual fund investment decision making

Creator

Gupta C.

Description

When it comes to money and investing funds, the individual portfolio investor isn't always as logical as he feels he is, which is why there's a whole school of thought dedicated to explaining why people behave in irrational and weird ways. The primary objective of this research is to investigate the effects of five major behavioural biases on individual investor decisions in a metro city India, with a focus on mutual funds, as well as to examine how individuals make decisions to ensure that their investments generate greater returns for a better future. The statistical evidence shows that a variety of behavioural elements have a significant part in people' investment decision-making patterns, which has an impact on the population's economic situation. The purpose of this study is to illustrate how an individual's perspective, attitude, and conduct affect mutual fund investments. 2023, IGI Global.

Source

Positive and Constructive Contributions for Sustainable Development Goals, pp. 88-95.

Date

2022-01-01

Publisher

IGI Global

Coverage

Gupta C., Christ University, India

Rights

Restricted Access

Relation

ISBN: 978-166847501-0; 978-166847499-0

Format

Online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.4018/978-1-6684-7499-0.ch006

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85161703383&doi=10.4018%2f978-1-6684-7499-0.ch006&partnerID=40&md5=68c9d9523ddc92ea845b26dad01312a3