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Role Of Mutual Fund For A Study Essay

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Role of Mutual Fund in India- A Study

R.H.Ramesh, Asst.Professorof Commerce
SMYK,Govt.First Grade College. Telsang. Athani(Tq) Belagavi (Dist) ramesh.hanumanthappakolhi@gmail.com Abstract
Savings form an important part of the economy of any nation. With savings invested in various options available to the people, the money acts as the driver for growth of the country. Indian financial systems too present multiple avenues to the investors. 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. Each mutual fund scheme has a defined investment objective and strategy. Mutual fund is a trust that pools money from a group of investors (sharing common financial goals) and invest the money thus collected into asset classes that match the stated investment objectives of the scheme. Since the stated investment objectives of a mutual fund scheme generally form the basis for an investor 's decision to contribute money to the pool, a mutual fund can not deviate from its stated objectives at any point of time. From above backdrop the present study analysis role of mutual fund in general & Future Prospects of Mutual Fund Industry in India in particular.
Key Words: Mutual Fund, Securities & Exchange Board of India (SEBI), Fast Moving consumable Goods (FMCG), etc,
Introduction
“….Mutual funds are popular among all income levels. With a mutual fund, a
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