Name

THE CHANGING INVESTMENT PREFERENCES OF INDIAN HOUSEHOLDS

Dr. L. C. Gupta and Naveen Jain 2008

Authors Year

CONTENTS
1.
INTRODUCTION Understanding the investors preferences and problems Methodology and sampling A ticklish problem Check on data reliability and consistency Chapter scheme

2.

INDIAN HOUSEHOLDS INVESTMENT PREFERENCES: AN OVERVIEW The general pattern of investors preferences High consistency and reliability of the findings Owning shares vs. mutual funds What future intentions tell us Allocating a notional sum Share investment vis--vis all other investments Other indicators of interest in share investment Speculation versus Investment

3.

GOLD AS AN INVESTMENT OPTION Why Gold Exchange-Traded Fund? Exploring investors response to Gold ETF The future of Gold ETF

4.

HOUSEHOLD INVESTORS PREFERENCES AMONG VARIOUS TYPES OF MUTUAL FUND SCHEMES Types of mutual fund schemes Popularity of schemes: survey findings Analysis by income-class and age-class

5.

HOUSEHOLD INVESTORS PRACTICES REGARDING DIVERSIFICATION OF SHARE PORTFOLIOS Measure of diversification Beginners begin with undiversified portfolio Moderate diversification very popular Portfolios of over 10 companies are rarer Reasons behind moderate diversification Practical considerations Theoretical support for moderate diversification Concluding comments

6.

INVESTORS PRACTICES REGARDING DIVERSIFICATION AMONG MUTUAL FUND SCHEMES Some peculiarities of mutual funds Empirical data Relationship to income level Indirect way of very wide diversification Mutual funds vs. direct shareholding Direct investing not suitable for everybody Mixed approach

7.

HOUSEHOLD INVESTORS WORRIES ABOUT STOCK MARKET Identifying investors greatest worries Most widely felt problems Naked trading adds to volatility Other worries Income and age-wise analysis Usefulness for policy and regulatory purposes

8.

REGULATING THE IPO MARKET IPOs are too much hyped in India The IPO markets ailment SEBIs decision to make grading compulsory Main features of SEBIs scheme Main criticism How IPO grading differs from credit rating Need for more disclosure about the grade awarded Making IPO market a cleaner place

9.

CAPITAL MARKET REGULATION IN INDIA: ITS OVER-ALL QUALITY Investors feed-back Mostly good The past and the present Trading system overhauled Stock exchanges demutualised Regulation tightened