IJCOPE Journal

UGC Logo DOI / ISO Logo

International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
Journal Information
ISSN: 3108-1754 (Online)
Crossref DOI: Available
ISO Certification: 9001:2015
Publication Fee: 599/- INR
Compliance: UGC Journal Norms
License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 05

Published on: May 2026

A STUDY ON INVESTOR SEGMENTATION AND EQUITY INVESTMENT PREFERENCES (WITH REFERENCE TO STEEL CITY SECURITIES LIMITED, VISAKHAPATNAM)

Laxmi N.Kanaka Maha Lakshmi Dr. P. Sanyasi Rao

Dr.P.S.Ravindra

Department of Masters in Business Administration Vignan's Institute of Information Technology (Autonomous) Duvvada Visakhapatnam Andhra Pradesh India

Article Status

Plagiarism Passed Peer Reviewed Open Access

Available Documents

Abstract

Investor segmentation and equity investment preferences are critical dimensions of modern financial market research. Effective segmentation enables financial institutions to classify investors into distinct groups based on demographic and beh

avioural characteristics, facilitating targeted marketing strategies and customised investment solutions. This study empirically investigates investor segmentation and equity investment preferences with reference to Steel City Securities Limited, Visakhapatnam. Primary data were collected through a structured questionnaire administered to 150 equity investors representing diverse demographic and behavioural profiles. The analysis covers four key dimensions: demographic profile, investment profile, decision-making patterns, and behavioural tendencies. Findings reveal that the 25–35 age group constitutes the largest investor segment (30%), self-employed individuals dominate at 38.67%, and wealth creation is the primary investment objective for 26.67% of respondents. Notably, 50% of respondents admitted to purchasing stocks based on social media hype, and FOMO (Fear of Missing Out) significantly influences investment behaviour. The study concludes that effective investor segmentation and targeted financial education are essential for improving equity market participation and investment quality.

Keywords: Investor Segmentation, Equity Investment Preferences, Behavioural Finance, FOMO, Wealth Creation, Steel City Securities Limited, STP Framework.

How to Cite this Paper

Laxmi, , Lakshmi, N. M. & Rao, P. S. (2026). A Study on Investor Segmentation and Equity Investment Preferences (With Reference to Steel City Securities Limited, Visakhapatnam). International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(05). https://doi.org/10.55041/ijcope.v2i5.281

Laxmi, , et al.. "A Study on Investor Segmentation and Equity Investment Preferences (With Reference to Steel City Securities Limited, Visakhapatnam)." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 05, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i5.281.

Laxmi, ,N.Kanaka Lakshmi, and P. Rao. "A Study on Investor Segmentation and Equity Investment Preferences (With Reference to Steel City Securities Limited, Visakhapatnam)." International Journal of Creative and Open Research in Engineering and Management 02, no. 05 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i5.281.

Search & Index

References


  1. Barber, B. M. and Odean, T. (2001). Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment. The Quarterly Journal of Economics, 116(1), 261–292.

  2. Bikhchandani, S. and Sharma, S. (2000). Herd Behaviour in Financial Markets. IMF Staff Papers, 47(3), 279–310.

  3. De Bondt, W. and Thaler, R. (1985). Does the Stock Market Overreact? The Journal of Finance, 40(3), 793–805.

  4. Kahneman, D. and Tversky, A. (1979). Prospect Theory: An Analysis of Decision under Risk. Econometrica, 47(2), 263–291.

  5. Kotler, P. and Keller, K. L. (2016). Marketing Management (15th ed.). Pearson Education.

  6. Mishra, K. C. and Metilda, M. J. (2015). A Study on the Impact of Investment Experience, Gender, and Level of Education on Overconfidence and Self-Attribution Bias. IIMB Management Review.

  7. Shefrin, H. (2002). Beyond Greed and Fear: Understanding Behavioural Finance and the Psychology of Investing. Oxford University Press.

  8. Shiller, R. J. (2003). From Efficient Markets Theory to Behavioral Finance. Journal of Economic Perspectives, 17(1), 83–104.

  9. Steel City Securities Limited. (2025). Annual Report 2024–25. Visakhapatnam: SCSL.

  10. (2024). Investor Education and Awareness. Securities and Exchange Board of India. www.sebi.gov.in.

Ethical Compliance & Review Process

  • All submissions are screened under plagiarism detection.
  • Review follows editorial policy.
  • Authors retain copyright.
  • Peer Review Type: Double-Blind Peer Review
  • Published on: May 09 2026
CCBYNC

This article is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. You are free to share and adapt this work for non-commercial purposes with proper attribution.

View License
Scroll to Top