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Imapct of level of purchase decision involvement on the investment behavior of mutual fund investors

By: Contributor(s): Material type: Mixed materialsMixed materialsPublication details: 2012Description: 27-44NLM classification:
  • 332.6327
In: ICFAI: JOURNAL OF BEHAVIOR FINANCEMSummary: This study investigates the impact of level of Purchase Decision Involvement (PDI) of Mutual Fund investors on their investment behavior through a survey of 268 MF investors. Overall the results suggest that the level of PDI significantly impactsthe investment behavior of MF investors. Further, the results suggest significant difference in the width and depth of infromation search and information processing by low PDI MF investors are and high PDI MF inestors.
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This study investigates the impact of level of Purchase Decision Involvement (PDI) of Mutual Fund investors on their investment behavior through a survey of 268 MF investors. Overall the results suggest that the level of PDI significantly impactsthe investment behavior of MF investors. Further, the results suggest significant difference in the width and depth of infromation search and information processing by low PDI MF investors are and high PDI MF inestors.

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