A Study on Mutual Funds of India

12668 WordsApr 26, 201251 Pages
CHAPTER 1 INTRODUCTION MEANING | A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciation realised are shared by its unit holders in proportion to the number of units owned by them. Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. In other words, Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds…show more content…
It includes swot analysis, products and services.Chapter IV : Conceptual study.This chapter gives a detailed information on the various concepts of mutual funds, types of mutual funds, fund houses operating in India,Chapter V :Data analysis.This chapter analyses and interprets the data collected from the questionnaire.Chapter VI : Findings suggestions and conclusion.This chapter gives details about the findings from the study, suggestions for improvement and the conclusion.CHAPTER 2INDUSTRYPROFILEORIGIN, GROWTH AND DEVELOPMENT OF THE MUTUAL FUND INDUSTRYThe mutual fund industry in India started in 1963 with the formation of Unit Trust of India, at the initiative of the Government of India and Reserve Bank of India.First Phase – 1964-87 Unit Trust of India (UTI) was established on 1963 by an Act of Parliament. It was set up by the Reserve Bank of India and functioned under the Regulatory and administrative control of the Reserve Bank of India. In 1978, UTI was de-linked from the RBI and the Industrial Development Bank of India (IDBI) took over the regulatory and administrative control in place of RBI. The first scheme launched by UTI was Unit Scheme
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