A STUDY ON” SAVINGS AND INVESTMENT PATTERN AMONG THE WORKING CLASS PEOPLE IN BELAGAVI CITY”

Abstract

Investment is an economic activity and it is fascinated by people as a sphere of intense activity.The main aim  of any saver is to do investment as these small investments made today are to meet their upcoming expenditures. The amount of outlay and proportion of savings largely depends upon the income levels of people. Investments are made out of savings, or in other words, people invest their savings. The investor has a number of investment substitutes, from traditional investments to emerging options of recent years. The present study is focused on savings and investment pattern among the working class people in Belagavi city to analyze their investment pattern and create an  awareness among people in savings for a better living. A sample size of 60 salaried respondents has been selected using simple random sampling technique. The Data has been collected using a structured questionnaire. The findings of the study highlights that majority of respondents prefer to invest in bank deposits and LIC, and consider it a safe and secured investment for future.