Dynamics of Risk Perception Towards Mutual Fund Investment Decisions

Document Type : Research Paper


1 Faculty of Management Studies, ICFAI University Tripura Kamalghat-799210 Tripura, India

2 Department of Management Studies, Indian Institute of Information Technology Allahabad-211012 Uttar Pradesh, India


The present paper measures the risk perception of the bank employees in respect of investment in mutual fund and to identify the factors affecting risk perception. The paper also attempts to find out the impact of these factors on overall risk perception. The study is based on primary data collected by using questionnaire from the bank employees in Tripura state of India. For the analysis of data, Cronbach’s alpha, factor analysis, binary logistic regression, mean and standard deviation, and etcetera are used. It is found that bank employees’ overall level of risk perception is moderate. There are three factors that affect the overall risk perception namely fear psychosis, lack of knowledge, and lack of confidence and these three factors have impact on the investment decision employees are making with regard to investment in mutual fund. The study is the first of its kind and hence original in nature.


Main Subjects

Article Title [فارسی]

ادراک پویا از ریسک در تصمیم‌گیریهای سرمایه گذاری‌ توسط صندوق های سرمایه گذاری مشترک

Authors [فارسی]

  • سوجیت دیب 1
  • ران جیت سینق 2
1 دانشکده مطالعات مدیریت، دانشگاه تریپورا کمالقد، کمالقد، هند
2 گروه مطالعات مدیریت، موسسه فناوری اطلاعات هند، الله آباد، اوتار، پرادش، هند
Abstract [فارسی]

پژوهش حاضر تلاش دارد تا ضمن اندازه گیری میزان درک ریسک کارکنان بانک از سرمایه گذاری در صندوق­های مشترک، عوامل موثر بر ادراک ریسک  را شناسایی و سعی نماید  تا تاثیر این عوامل را بر ادراک ریسک کلی بررسی کند. این مطالعه بر اساس داده های اولیه که با استفاده از پرسشنامه توزیع شده بین کارکنان بانک در ایالت تریپورا (  (Tripuraهند جمع­آوری شده است انجام گرفته­ و برای تجزیه و تحلیل داده ها از آماره ها و روشهای آماری آلفای کرونباخ، تحلیل عاملی، رگرسیون لجستیک، میانگین و انحراف استاندارد و غیره استفاده شده است. نتایج حاصل از تحلیل داده­ها نشان می­دهد که میزان ادراک کارکنان از ریسک در سطح متوسطی قرار دارد. همچنین سه عامل اصلی اثر گذارکه بر ادراک ریسک تصمیم­گیرندگان بانک در تصمیم­گیری های مربوط به سرمایه­گذاری درصندوق­های مشترک سرمایه­گذاری موثر هستند عبارتند از: ترس، کمبود دانش و عدم وجود اعتماد به نفس کافی در کارکنان.

Keywords [فارسی]

  • کارکنان بانک
  • ادراک ریسک
  • رفتار سرمایه‌گذاری
  • تحلیل عاملی
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