{"id":5546,"date":"2023-12-31T19:14:05","date_gmt":"2023-12-31T19:14:05","guid":{"rendered":"https:\/\/icertpublication.com\/?page_id=5546"},"modified":"2026-04-03T08:20:18","modified_gmt":"2026-04-03T02:50:18","slug":"cohort-analysis-of-savings-and-investment-strategies-among-working-women-in-ahmedabad-city","status":"publish","type":"page","link":"https:\/\/icert.org.in\/index.php\/sodh-sari-vol-3-issue-1\/cohort-analysis-of-savings-and-investment-strategies-among-working-women-in-ahmedabad-city\/","title":{"rendered":"Cohort Analysis Of Savings And Investment Strategies Among Working Women In Ahmedabad City"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Shodh Sari-An International Multidisciplinary Journal<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Vol-03, Issue-01 (Jan-Mar 2024)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
An International scholarly\/ academic journal, peer-reviewed\/ refereed journal, ISSN : 2959-1376<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

COHORT ANALYSIS OF SAVINGS AND INVESTMENT STRATEGIES AMONG WORKING WOMEN IN AHMEDABAD CITY<\/span><\/p>

Shaikhsipai, Mohammedzuned<\/span>1<\/span><\/span> and Lakhani, Bhavesh A.<\/span>2<\/span><\/span><\/p>

1<\/span><\/span>Ph.D. Research Scholar, S.D. School of Commerce, Gujarat University<\/span><\/p>

2<\/span><\/span>Associate professor in Commerce, Gujarat Arts and Commerce College Ahmedabad, Gujarat University<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

DOI: <\/span>https:\/\/doi.org\/10.59231\/SARI7661<\/span><\/a><\/p>

Subject: Commerce \/ Economics \/ Gender Studies<\/span><\/p>

Page No: 134\u2013148<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Received: Sep 22, 2023<\/span><\/p>

Accepted: Nov 24, 2023<\/span><\/p>

Published: Jan 01, 2024<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Thematic Classification: Cohort Analysis, Savings and Investment Patterns, Working Women, Ahmedabad City, Financial Attitudes, Risk Reduction, Data-driven Investment, Mixed-methods Research<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

ABSTRACT<\/span><\/p>

This study aims to analyze the saving and investment patterns of working women in Ahmedabad city, Gujarat. The research objectives include studying the concept of saving and investment patterns and analyzing the attitudes of working women towards their saving and investment patterns. A sample size of 250 working women based in Ahmedabad was interviewed for this study. The study utilized a mixed-methods approach, which included both quantitative and qualitative data analysis. The findings of this study reveal that working women in Ahmedabad exhibit positive saving and investment patterns. Many of the participants diversify their investments across different avenues to reduce risk and take a data-driven approach to make investment decisions. The study also found that working women in Ahmedabad are resilient and can adapt easily when things go wrong financially. Furthermore, the study found that working women in Ahmedabad have a long-term investment perspective and are willing to tolerate losses in their investment value to seek higher returns. Additionally, the participants showed a positive attitude towards savings and investment and believed that investing is crucial for achieving financial stability and independence.<\/span><\/p>

Keywords:<\/span> Working Women, Saving, Investment<\/span><\/p>

\u00a0<\/b><\/p>

Impact Statement<\/span><\/p>

This research project aims to investigate and analyze the saving and investment patterns among working women in Ahmedabad City, shedding light on an underexplored aspect of financial behavior. The impact of this study extends beyond the academic realm, offering practical insights that can inform policymakers, financial institutions, and working women themselves.<\/span><\/p>

\u00a0<\/b><\/p>

About Author<\/span><\/p>

Zuned Shaikh, a PhD scholar at the School of Commerce, Gujarat University. My research passion lies in understanding the savings and investment strategies of working women in Ahmedabad City. With a foundation in [Your Field of Study], my academic journey blends theory and practical insights, fueling my exploration into financial behaviors.\u00a0<\/span><\/p>

\u00a0<\/b><\/p>

Commitment to Empowerment:\u00a0<\/span><\/p>

Beyond academia, I strive to catalyze conversations that empower individuals and drive positive change in personal finance, particularly for working women in Ahmedabad City.<\/span><\/p>

\u00a0<\/b><\/p>

Future Directions:\u00a0<\/span><\/p>

With a keen eye for practical implications, I aspire to contribute further to financial literacy and gender-specific economic studies, aiming for tangible impacts on communities.<\/span><\/p>

\u00a0<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Cite this Article<\/span><\/p>

APA 7th Style:<\/span> Shaikhsipai, M., & Lakhani, B. A. (2024). Cohort analysis of savings and investment strategies among working women in Ahmedabad city. <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span>, <\/span>3<\/span>(01), 134\u2013148. <\/span>https:\/\/doi.org\/10.59231\/SARI7661<\/span><\/a><\/p>

Chicago 17th Style:<\/span> Shaikhsipai, Mohammedzuned, and Bhavesh A. Lakhani. “Cohort Analysis of Savings and Investment Strategies among Working Women in Ahmedabad City.” <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span> 3, no. 1 (2024): 134\u2013148. <\/span>https:\/\/doi.org\/10.59231\/SARI7661<\/span><\/a>.<\/span><\/p>

MLA 9th Style:<\/span> Shaikhsipai, Mohammedzuned, and Bhavesh A. Lakhani. “Cohort Analysis of Savings and Investment Strategies among Working Women in Ahmedabad City.” <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span>, vol. 3, no. 1, 2024, pp. 134-148, <\/span>https:\/\/doi.org\/10.59231\/SARI7661<\/span><\/a>.<\/span><\/p>

\u00a0<\/b><\/p>

Statements & Declarations<\/span><\/p>

Review Method:<\/span> This article underwent a double-blind peer-review process by independent experts in Finance and Behavioral Economics to evaluate the methodology of cohort segmentation and the validity of financial behavior patterns among female professionals in an urban Indian context.<\/span><\/p>

Competing Interests:<\/span> The authors Mohammedzuned Shaikhsipai and Bhavesh A. Lakhani declare that they have no financial, personal, or professional conflicts of interest that could have inappropriately influenced the research findings or the interpretation of the investment data presented.<\/span><\/p>

Funding:<\/span> This research was conducted through the academic support of the S.D. School of Commerce and Gujarat Arts and Commerce College, Gujarat University. No specific external grants or commercial funding were received for this study.<\/span><\/p>

Data Availability:<\/span> The findings are based on primary data collected through structured surveys from working women in Ahmedabad. Statistical analyses, including demographic profiling and investment preference mapping, are detailed within the manuscript.<\/span><\/p>

License:<\/span> Cohort Analysis of Savings and Investment Strategies among Working Women in Ahmedabad City<\/span> \u00a9 2024 by Shaikhsipai, M., & Lakhani, B.A. is licensed under <\/span>CC BY-NC-ND 4.0<\/span>. This work is published by the International Council for Education Research and Training (ICERT).<\/span><\/p>

Ethics Approval:<\/span> The study involved human participants; informed consent was obtained from all respondents. The research design adhered to ethical standards for social science research, ensuring the anonymity and confidentiality of the participants’ financial information.<\/span><\/p>

\u00a0<\/span><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

References<\/span><\/h1>

  1. Arora, S., & Mital, M. (2017). Saving and investment patterns of women in India. <\/span>International Journal of Research in Finance and Marketing<\/span>, <\/span>7<\/span>(3), 1\u20138.<\/span><\/p><\/li>

  2. Bansal, N., & Gupta, R. (2016). Saving and investment patterns of women in New Delhi. <\/span>International Journal of Management and Social Sciences Research<\/span>, <\/span>5<\/span>(9), 23\u201327.<\/span><\/p><\/li>

  3. Kaur, G., & Sood, N. (2019). Investment behavior of working women in India: An empirical study. <\/span>International Journal of Applied Business and Economic Research<\/span>, <\/span>17<\/span>(1), 187\u2013199.<\/span><\/p><\/li>

  4. Mohapatra, S. (2018). Factors influencing investment behaviour of working women in India. <\/span>International Journal of the Economics of Business Research<\/span>, <\/span>16<\/span>(1), 34\u201347.<\/span><\/p><\/li>

  5. Panda, P. K., & Pradhan, A. K. (2017). Saving and investment patterns of women in Bhubaneswar. <\/span>International Journal of Social Science and Economic Research<\/span>, <\/span>2<\/span>(2), 249\u2013262.<\/span><\/p><\/li>

  6. Singh, M., & Yadav, N. (2018). Investment behaviour of working women in India. <\/span>Journal of Humanities and Social Sciences Research<\/span>, <\/span>1<\/span>(1), 1\u20137.<\/span><\/p><\/li>

  7. Kaur, M., & Sharma, J. (2023b). The role of digital literacy to promote the gender equality. <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span>, <\/span>02<\/span>(4), 315\u2013327. <\/span>https:\/\/doi.org\/10.59231\/<\/span>SARI<\/span>7642<\/span><\/a><\/p><\/li>

  8. Ganapathy, V. (2023). AI in auditing: A comprehensive review of applications, benefits and challenges. <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span>, <\/span>02<\/span>(4), 328\u2013343. <\/span>https:\/\/doi.org\/10.59231\/<\/span>SARI<\/span>7643<\/span><\/a><\/p><\/li>

  9. Singh, M. (2023). Emerging trends of e-commerce in India. <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span>, <\/span>02<\/span>(4), 382\u2013391. <\/span>https:\/\/doi.org\/10.59231\/<\/span>SARI<\/span>7646<\/span><\/a><\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

    \n\t\t\t\t\t\t
    \n\t\t\t\t\t
    \n\t\t\t
    \n\t\t\t\t\t\t
    \n\t\t\t\t
    \n\t\t\t\t\t\t\t\t\t
    \n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tBack<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

    Shodh Sari-An International Multidisciplinary Journal Vol-03, Issue-01 (Jan-Mar 2024) An International scholarly\/ academic journal, peer-reviewed\/ refereed journal, ISSN : 2959-1376 COHORT ANALYSIS OF SAVINGS AND INVESTMENT STRATEGIES AMONG WORKING WOMEN IN AHMEDABAD CITY Shaikhsipai, Mohammedzuned1 and Lakhani, Bhavesh A.2 1Ph.D. Research Scholar, S.D. School of Commerce, Gujarat University 2Associate professor in Commerce, Gujarat Arts and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":5395,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-5546","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages\/5546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/comments?post=5546"}],"version-history":[{"count":18,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages\/5546\/revisions"}],"predecessor-version":[{"id":31270,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages\/5546\/revisions\/31270"}],"up":[{"embeddable":true,"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/pages\/5395"}],"wp:attachment":[{"href":"https:\/\/icert.org.in\/index.php\/wp-json\/wp\/v2\/media?parent=5546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}