The study was conducted to analyze the entrepreneurial behaviour of dairy farmers in Ahmednagar district of Maharashtra. Total 120 dairy farmers, who were beneficiaries of Dairy Venture Capital Fund Scheme were selected as respondents. The results of the study revealed that the highest Entrepreneurial Behaviour Index (79.08) was found in co-ordinating ability attribute of entrepreneurial behaviour and was ranked first, followed by innovativeness, cosmopoliteness, risk orientation, planning ability, self confidence, achievement motivation and decision making ability, respectively. Majority of respondents possessed medium level of entrepreneurial behaviour followed by low and high entrepreneurial behaviour level. The study further revealed that education, training received, land holding, experience in dairying, herd size, milk production, total annual income, mass media exposure and extension contact had positive and significant relationship with their entrepreneurial behaviour level, whereas age had negatively significant relationship with entrepreneurial behaviour of beneficiary dairy farmers.