• R. Vijay Anand
• Dr. M. Dhanusu

Purpose of This Paper: This behavioral research was conducted to understand the individual investor’s behavior with the primary objective to explore the level of financial skills acquisition. Design/Methodology/Approach: The empirical research design and survey method was adopted to collect responses from the individual investors through convenience sampling technique. The primary data collected were subjected to analysis using SPSS version 23.0 and the statistical tools such as, percentage analysis, descriptive statistics, cluster analysis and discriminant analysis has been applied in this study. Findings: The empirical evidences reveal that the underlying dominant dimensions of financial skill variables are grouped into three dominant factors namely Consideration Factor, Contemplation Factor and Intelligence Factor. The individual investors are classified into two cluster groups namely, value investor and index investors. Practical Implications: Both the value and index investors are shown hesitation to take risk on investment and they use to prefer only their savings amount to invest in the different avenues. In this connection, the individual investors are suggested to take moderate risk to gain better earnings on their respective investments. The individual investors should focus on enriching the financial skills with respect to analysing the investment avenues, stock market participation, analyzing the market volatility conditions and risk & return analysis before making investment decisions. Original/Value of Paper: This present research was aimed to explore the dimensions and dominant groups of financial skills acquisition among the individual investors.

Behavioral Finance, Financial Skills, Value Investor and Index Investor and Risk.

"THE EXIGENCY IN FINANCIAL SKILLS ACQUISITION OF INDIVIDUAL INVESTORS – AN EMPIRICAL INVESTIGATION ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.532-537, May-2019, Available :http://www.jetir.org/papers/JETIR1905279.pdf

"THE EXIGENCY IN FINANCIAL SKILLS ACQUISITION OF INDIVIDUAL INVESTORS – AN EMPIRICAL INVESTIGATION ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp532-537, May-2019, Available at : http://www.jetir.org/papers/JETIR1905279.pdf