A Study on Growth of Mutual Fund Industry in India

Abstract

The papers aims to study the recent trends in mutual fund industry in India. It is observed that mutual funds have become an important part of investment matrix. Investment industry in India has gone through huge pace of reinventions, given changes in monetary and political policies of government. A mutual fund brings together a large group of people and invests their aggregated money in stocks, bonds, and other securities. The advantages of mutual funds are professional management, diversification, economies of scale, and wide range of offerings. In the same line the study attempts to identify the major changes which can be marked for mutual funds as an investment options.