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- Title
Study of Performance of Mutual Funds in India.
- Authors
Ahmad, Saleem
- Abstract
The Indian mutual fund industry has come a long way since its inception in 1963. The industry has witnessed sufficient growth on all parameters be it; number of fund houses, number of schemes, funds mobalised, assets under management etc. One of the important goals of the mutual fund industry is to attrac and mobalise major portion of the House Hold Savings (HHS) in order to enable the small savers to benefit from the economic growth by facilitating them to park their savings into the assets which yield better risk adjusted returns. Therefore, the question arises, has the Indian mutual industry succeeded in achieving this goal? The present study will try to look for the answers. Though, the mutual fund industry has recorded significant progress on all fronts yet it has not been able to utilize its potential fully. On almost on all parameters it is far behind the developed economics and even most of the emerging economics of the world. The industry is confronted with number of challenges like low penetration ratio, lack of product differentiation, lack of investor awareness and ability to communicate value to customers, lack of interest of retail investors towards mutual funds and evolving nature of the industry. Based on the analysis the study suggests that if the industry has to utilize its potential fully, it has to address these challenges.
- Subjects
INDIA; MUTUAL funds; SAVINGS; ECONOMIC development; RATE of return
- Publication
International Journal of Business & Engineering Research, 2018, Vol 11, p1
- ISSN
0975-0479
- Publication type
Article