A Study on Investment Behavior of Middle Class Households in Nagpur

International Journal of Social Sciences & Interdisciplinary Research Vol.1 No. 5, May 2012

12 Pages Posted: 16 Feb 2021

See all articles by Aparna Samudra

Aparna Samudra

RTM Nagpur University - Department of Economics

Dr Mukul Burghate

Dr. Panjabrao Deshmukh Institute of Management Technology and Research

Date Written: May 22, 2012

Abstract

The aim of this research was to examine the investment behaviour of the middle income class households in Nagpur. The rationale behind choosing this research topic is the premise that the middle class in India has gained attention of the economists, policy makers & the marketers, as still there remains a considerable untapped potential in this income class of India. The research has been conducted to answer few important questions on the preference of the investment instruments & investment pattern of the middle class households, to know the various objectives of investment of the middle income class households and to know whether there has been any increase in their savings & the reasons for the same. It is not only the income of the household that has an immediate bearing on the investment preferences but also the age group to which the head of the household belongs that influences the choice of investment avenue. Therefore the paper has also been directed towards finding the difference in choice of investment avenues in different age-groups & income classes of the middle income class segment in Nagpur.

Keywords: Middle income class, investment, savings

JEL Classification: D03, D14,G11

Suggested Citation

Samudra, Aparna and Burghate, Dr Mukul, A Study on Investment Behavior of Middle Class Households in Nagpur (May 22, 2012). International Journal of Social Sciences & Interdisciplinary Research Vol.1 No. 5, May 2012, Available at SSRN: https://ssrn.com/abstract=3735549

Aparna Samudra (Contact Author)

RTM Nagpur University - Department of Economics ( email )

Amravati Road
Nagpur, 440033
India

Dr Mukul Burghate

Dr. Panjabrao Deshmukh Institute of Management Technology and Research ( email )

Congress Nagar
Nagpur, Maharashtra 440012
India
09823141467 (Phone)
440012 (Fax)

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