Published Paper Details:

In today's world, all individuals invest in various avenues available according to their requirements and capacity. Numerous options are available to investors from which they can choose as per his risk-taking capacity and generation of returns. The goal of investments can vary from short-term to long-term depending on various requirements of the investor. These investments are chief source of generation of capital supporting financial system of the country. Officers of the Indian Army are part of a high-income group. The financial support system given by the government to these officers takes care of the in-service and post-retirement needs. However, inflation and the rising cost of living have necessitated for an officer to be proficiently manage their funds in order to secure financial independence. This study analyses investment pattern of 65 officers and examines their financial behaviour facets such as risk tolerance and financial goals based on gross salary earned per month by an Indian Army officer based in Mhow.