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@article{189175,
        author = {Vishal Parmar and CA Dr.Shyamsundar Das},
        title = {Risk-Return Perception of Sectoral Mutual Funds: A Comparative Study of Students and Working Professionals in India},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {7},
        pages = {5022-5028},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=189175},
        abstract = {Sectoral mutual funds invest in companies belonging to a single industry or theme, offering the potential for higher returns during favourable sectoral performance while simultaneously exposing investors to greater volatility compared to diversified equity funds. With the expansion of digital investment platforms in India, participation in mutual funds has increased among both college students and salaried professionals; however, differences in financial experience, income stability, and investment horizons may influence their awareness, risk tolerance, and return expectations toward sector-specific schemes.
This study examines and compares awareness levels, investment preferences, and risk–return perceptions related to sectoral mutual funds among 30 students and 30 working professionals in India. Primary data were collected through a structured questionnaire administered via Google Forms. Descriptive statistics were used to profile respondents and identify preferred investment sectors, while inferential analysis employing the Chi-square test and Mann–Whitney U test was conducted to assess differences in awareness, risk appetite, and expected returns between the two groups.
The findings highlight the role of occupation, age, and financial responsibilities in shaping investor attitudes toward sectoral mutual funds. The study offers practical insights for fund houses, financial advisors, and policymakers in improving investor education, enhancing product disclosures, and developing targeted communication strategies for different segments of the Indian investor base.},
        keywords = {Sectoral mutual funds; Risk–return perception; Students; Working professionals; Investor behaviour; India.},
        month = {December},
        }