World Journal of Engineering Research and Technology (WJERT) has indexed with various reputed international bodies like : Google Scholar , Index Copernicus , Indian Science Publications , SOCOLAR, China , International Institute of Organized Research (I2OR) , Cosmos Impact Factor , Research Bible, Fuchu, Tokyo. JAPAN , Scientific Indexing Services (SIS) , Jour Informatics (Under Process) , UDLedge Science Citation Index , International Impact Factor Services , International Scientific Indexing, UAE , International Society for Research Activity (ISRA) Journal Impact Factor (JIF) , International Innovative Journal Impact Factor (IIJIF) , Science Library Index, Dubai, United Arab Emirates , Scientific Journal Impact Factor (SJIF) , Science Library Index, Dubai, United Arab Emirates , Eurasian Scientific Journal Index (ESJI) , Global Impact Factor (0.342) , IFSIJ Measure of Journal Quality , Web of Science Group (Under Process) , Directory of Research Journals Indexing , Scholar Article Journal Index (SAJI) , International Scientific Indexing ( ISI ) , Scope Database , 

World Journal of Engineering
Research and Technology

( An ISO 9001:2015 Certified International Journal )

An International Peer Reviewed Journal for Engineering Research and Technology

ISSN 2454-695X

Impact Factor : 5.924

ICV : 79.45

News & Updation

  • Article Invited for Publication

    Article are invited for publication in WJERT Coming Issue

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    WJERT Rank with Index Copernicus Value 79.45 due to high reputation at International Level

  • New Issue Published

    Its Our pleasure to inform you that, WJERT November 2022 Issue has been Published, Kindly check it on

  • WJERT New Impact Factor

    Its our Pleasure to Inform you that WJERT Impact Factor has been increased from  5.549 to 5.924 due to high quality Publication at International Level


    NOVEMBER 2022 Issue has been successfully launched on 1 November 2022.




Prof. Madhu Iyengar* and Dr. Pushpkant Shakdwipee


One of the popular avenues for investors is the investment in capital market especially in equity if the investors are looking out for high returns. It is a fact that high return will be accompanied by high risk, risk and returns are inversely related. Compared to other avenues like real estate, infra which are illiquid assets, equity market has been generating a higher return and at the same time they are highly liquid. On the other hand, investment in bonds, fixed deposits which are less risky than equity investments yield lower returns. There is famous quote “Don’t put all your eggs in one basket” which is also quite relevant for investors as well. It has been proved that spreading the investment fund across different sectors, or different companies in the same sector help in risk reduction. An interesting proposition is whether along- with risk reduction, spreading investment corpus across, will help in achieving reasonably higher return or not. This paper tries to understand the relationship between the number of stocks invested and the average return earned over a period of time by taking survey of individual investors.

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