1Asst.Prof, St.Josephs college, Bangalore
2Hod,Department of Commerce,St.XaviersCollege,Aluva
Personal Finance is the application of principles of finance to the monetary decisions of an individual or family unit. Thereby how well you manage your personal finance determines whether you buy a house or stay in a rented one, whether you have an international holiday or a domestic one, the quality of your kids’ education, retirement plans etc. There are a wide variety of financial products in the market ranging from traditional real estate and fixed deposits to the modern and contemporary stock market products like shares and mutual funds. Among these investment options, mutual funds in the recent years have become increasingly popularAnother noteworthy fact is that women do not have the same relationship to finance as men because there are many striking differences between them. Thus women face unique challenges both in terms of making money as well as making it grow for the future. The study aims to get a clear understanding of selection of mutual fundsas an investment option by women as compared to men. The study is based on the responses of 450 salaried respondents from Urban Bangalore.
PersonalFinance, investmentoptions, mutual funds