Impact of Socioeconomic Factors on Investors' Investment Culture
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Abstract
As, the Indian economy growing, there is an increasing demand for investors' investment culture. Investments are vehicles through which an economy drives growth by channeling funds from surplus units of the economy to the deficit units the economy. The bounded rationality of investors' behavior has become the most prominent issue nowadays for the researchers of applied economics& finance. Economist and policy makers have observed that socioeconomic factors were both intrinsic and as well as extrinsic like age, gender, marital status, educational qualifications, occupation, income levels (etc...) have an impact on investment objectives and investors' investment culture. Present study critically examines the significance of socio- economic factors which influence the investor's investment culture.