WITHDRAWN: A study on NRI investor’s inclination towards SIP based mutual fund investment with during COVID-19 period

Predicting the antecedents of consumers' intention toward purchase of mutual funds: A hybrid PLS‐SEM‐neural network approach

“…Studies on perceived emergencies were not available previously in the context of mutual fund investment. Instead, emergency saving has been used in several studies, which suggest that people are more likely to invest if they perceive that the accumulated wealth through investment can be a good source of funds and liquidity at the time of future emergencies (Chase et al, 2011;Del Giudice & Paltrinieri, 2017;Ferriani, 2021;Jiang et al, 2022;Nocetti & Smith, 2010;Pástor & Vorsatz, 2020;Samira et al, 2020). Similarly, perceived usefulness as a determining factor of attitude toward mutual fund investment has also been studied for the first time.…”

“…Several previous studies have also indicated that emergency saving caters to income uncertainty and the risk of unforeseen expenses (Kautish et al, 2019; Nocetti & Smith, 2010). Very often, it has been observed that people invest in mutual funds regularly in the form of SIPs but opt to withdraw from the mutual funds during emergencies (Chase et al, 2011; Del Giudice & Paltrinieri, 2017; Ferriani, 2021; Jiang et al, 2022; Pástor & Vorsatz, 2020; Samira et al, 2020). Therefore, investors are expected to think positively about mutual funds if they believe mutual fund investments can help meet emergency financial requirements.Hypothesis Perceived emergency positively relates to attitude toward mutual fund investment.…”