Paper Title
A Study On Adoption Of SIP As An Investment Avenue Among College Students.
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Registration ID: IJNRD_220931
Published ID: IJNRDC001003
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Keywords
SIP,Investment Behaviour.
Abstract
This research paper aims to explore the patterns of adoption and factors influencing the uptake of Systematic Investment Plans (SIP) as an investment avenue among college students. As financial literacy and investment education become increasingly important for the younger generation, understanding the preferences and behaviors of college students towards SIPs becomes crucial. The study employs a mixed-methods approach, which combines quantitative surveys and qualitative interviews to gather comprehensive insights. The research aims to gauge the prevalence of SIP adoption, level of awareness, and the factors influencing investment decisions by distributing surveys among college students from diverse academic disciplines, demographic profiles, and economic backgrounds. Subsequently, qualitative interviews with select participants will offer nuanced perspectives, shedding light on the underlying motivations, perceived benefits, and barriers hindering the adoption of SIPs. The findings of this research are expected to contribute significantly to both academia and practical investment education initiatives. By identifying the determinants shaping college students' attitudes towards SIPs, the study can inform educational programs tailored to enhance financial literacy and promote responsible investment practices among the youth. Furthermore, insights derived from this research can aid financial institutions and policymakers in devising targeted strategies to make SIPs more accessible and appealing to this demographic group. In conclusion, this study aims to bridge the gap in understanding the investment behaviors of college students, particularly concerning SIP adoption, thereby facilitating informed decision-making and fostering a culture of financial prudence among the younger generation.
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How To Cite (APA)
Anita Chavan, Sakshi Mhatre, & Adarsh Saini (May-2024). A Study On Adoption Of SIP As An Investment Avenue Among College Students.. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(5), 16-20. https://ijnrd.org/papers/IJNRDC001003.pdf
Issue
Volume 9 Issue 5, May-2024
Pages : 16-20
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Paper Reg. ID: IJNRD_220931
Published Paper Id: IJNRDC001003
Research Area: Engineering
Author Type: Indian Author
Country: -, -, India
Published Paper PDF: https://ijnrd.org/papers/IJNRDC001003.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRDC001003
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