International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 8, Issue 2 (March-April 2026) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.

An Empirical Examination of Investor-Related Factors Influencing Investment in Infrastructure Mutual Funds

Author(s) Dr. Suman Narnolia, Vinita Pareek
Country India
Abstract Infrastructure-focused mutual funds have emerged as an important investment avenue, particularly in economies where long-term development and capital formation remain policy priorities. Investor participation in such funds, however, is strongly influenced by behavioural and cognitive factors that shape risk assessment and investment decisions. The present study examines the relationship between selected investor related factors and the level of investment in infrastructure mutual funds. Using a quantitative research approach, primary data were collected from 235 individual investors through a structured questionnaire comprising Likert scale statements. Composite mean scores were analysed using descriptive statistics and Pearson correlation analysis. The findings reveal that investor risk perception is negatively associated with investment in infrastructure mutual funds, while financial awareness, return expectations, and investment experience exhibit positive and statistically significant relationships with investment behaviour. These results indicate that higher perceived risk discourages investment, whereas greater knowledge, favourable return outlook, and prior experience encourage investor participation. The study offers practical insights for fund managers, financial advisors, and policymakers by highlighting the importance of investor education, transparent risk communication, and confidence building measures to enhance participation in infrastructure mutual funds.
Keywords Investor behaviour, Infrastructure mutual funds, Investment decision making, Risk perception, Financial awareness
Field Business Administration
Published In Volume 8, Issue 1, January-February 2026
Published On 2026-01-25
DOI https://doi.org/10.36948/ijfmr.2026.v08i01.67049

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