Ruchi Jain - Academia.edu (original) (raw)
Uploads
Papers by Ruchi Jain
Journal of the K.R. Cama Oriental Institute
A mutual fund is an investment safety that permit investors to pool their money together into one... more A mutual fund is an investment safety that permit investors to pool their money together into one skillful conduct investment or we can say mutual fund is a financial negotiator that allows a group of investors to gathered their money together with a prearranged investment objective. The mutual fund has a fund manager who is answerable for investing the pool of money into specific safety. When investors invest in mutual fund they are buying units or portions of the mutual fund and thus on investing become a unit holder of the fund. Mutual funds are considered as one of the best available investment as compare to others they are very cost efficient and also easy to invent in, thus by pooling money together in a mutual fund, investors can purchase stocks and bonds with much lower trading costs than if they tried to do it on their own. But the biggest advantages to mutual fund are risk diversification, by minimizing risk & maximizing return.
Journal of Asiatic society, Mumbai, 2023
It is generally assumed that financial decisions are exclusively based on the rationality of obje... more It is generally assumed that financial decisions are exclusively based on the rationality of objective calculations. This traditional view of finance is challenged by the theories and studies of behavioural finance. The perspective on behavioural finance strongly believes that human decisions are not truly rational and several psychological factors like heuristic and cognitive biases influence the investment decisions. In the present day time as the role of the women in the family has transformed drastically. Women are becoming financially independent and hence are also making investment decisions. The present study aims to examine the impact of behavioural biases on the investment decisions of the female investors. The data has been collected from 345 working women. The study examines the impact of mental accounting, loss aversion, herd mentality and over confidence biases on female investors expected rate of return and duration of investment. The results have been analysed using multiple regression. The study concludes that some of the selected behavioural biases have a strong impact investment decision. Introduction The rules of logic and rationality are simply considered to be dominating when talking about the investment decisions made by any firm or an individual. This is solely because the motive behind these decisions is maximization of profit with minimized risk. Not only for large business investment decisions but also decisions related to individual household small investment, everything is simply made on rationality. Although, consciously and subconsciously all these decisions are affected by psychological and cognitive factors. Studies suggest that heuristic driven factors are effectively active when time is a constraint or during information overload or when optimum solution may not be possible. Rationality is strongly suggested to be a process of decision making which helps to achieve personal objectives. This does not form a standard norm as a rule of logic and probability. (Elqayam and Evans, 2011). The argumentative skills are strong in a person the confirmation bias may also be stronger as the
Journal of the K.R. Cama Oriental Institute
A mutual fund is an investment safety that permit investors to pool their money together into one... more A mutual fund is an investment safety that permit investors to pool their money together into one skillful conduct investment or we can say mutual fund is a financial negotiator that allows a group of investors to gathered their money together with a prearranged investment objective. The mutual fund has a fund manager who is answerable for investing the pool of money into specific safety. When investors invest in mutual fund they are buying units or portions of the mutual fund and thus on investing become a unit holder of the fund. Mutual funds are considered as one of the best available investment as compare to others they are very cost efficient and also easy to invent in, thus by pooling money together in a mutual fund, investors can purchase stocks and bonds with much lower trading costs than if they tried to do it on their own. But the biggest advantages to mutual fund are risk diversification, by minimizing risk & maximizing return.
Journal of Asiatic society, Mumbai, 2023
It is generally assumed that financial decisions are exclusively based on the rationality of obje... more It is generally assumed that financial decisions are exclusively based on the rationality of objective calculations. This traditional view of finance is challenged by the theories and studies of behavioural finance. The perspective on behavioural finance strongly believes that human decisions are not truly rational and several psychological factors like heuristic and cognitive biases influence the investment decisions. In the present day time as the role of the women in the family has transformed drastically. Women are becoming financially independent and hence are also making investment decisions. The present study aims to examine the impact of behavioural biases on the investment decisions of the female investors. The data has been collected from 345 working women. The study examines the impact of mental accounting, loss aversion, herd mentality and over confidence biases on female investors expected rate of return and duration of investment. The results have been analysed using multiple regression. The study concludes that some of the selected behavioural biases have a strong impact investment decision. Introduction The rules of logic and rationality are simply considered to be dominating when talking about the investment decisions made by any firm or an individual. This is solely because the motive behind these decisions is maximization of profit with minimized risk. Not only for large business investment decisions but also decisions related to individual household small investment, everything is simply made on rationality. Although, consciously and subconsciously all these decisions are affected by psychological and cognitive factors. Studies suggest that heuristic driven factors are effectively active when time is a constraint or during information overload or when optimum solution may not be possible. Rationality is strongly suggested to be a process of decision making which helps to achieve personal objectives. This does not form a standard norm as a rule of logic and probability. (Elqayam and Evans, 2011). The argumentative skills are strong in a person the confirmation bias may also be stronger as the