Impact of Cognitive Biases on Mutual Fund Investors In Delhi & NCR Region
Girish Garg, Dr. Suneel Arora
The current study "Impact Of Behavioural Biases On Mutual Fund Investors In Delhi And NCR Region" become involved with the functions to consider the degree of mutual fund information through investors in decided on pattern and to bear in mind the effect of cognitive biases in decided on pattern. The cognitive biases included representativeness bias, cognitive dissonance bias, and framing bias changed into taken into consideration. For meeting the purposes, the vital records were comprised of hundred fifty mutual fund investors who have been chosen via convenience sampling technique. It changed into found that adult males have a high degree of statistics while prominent with female as far as understandings and running of mutual finances. Investors have been located significant bias in the case of cognitive dissonance bias, representative bias and framing bias regarding the proportion of financial savings invested in mutual fund.