Main Article Content
Abstract
The primary objective of the study is to find the perception of the people in Nagapattinam region towards mutual funds and their investment pattern. It was mainly carried out to assess the awareness of mutual funds amongst other investment avenues, and to study the investment pattern of the investors. The reasons for investing or not investing in mutual funds were also studied. Investment is a commitment of funds made in the expectation of some positive return. If the investment is properly undertaken, the return will be commensurate with the risk the investor assumes. Investment goals vary from person to person business to business. While some want security, others give more weight age to returns alone. With objectives defying any range, it is obvious that the products required will vary as well. A mutual fund is an investment vehicle that pools in the money’s of several investors, and collectively invests this amount in either the equity market or the debt market, or both, depending upon the fund’s objective. This means you can access either the equity or the debt market, or both, without investing directly in equity or debt.