An Analytical Study on Growth of Mutual Fund Industry in India

Nilesh, Dipsh Dhanda

Abstract: Mutual funds offer benefit of diversification of risk to investors. Individual investors may not have the time and professional competence for analyzing risk and return across sectors and companies. Diversification involves the mixing of investments within a portfolio to manage risk. Investing and liquidating investment process is quite easy in case of mutual funds. Funds collected through different schemes by fund managers are invested in equity and debt market for the corporate sector which leads to pooling of investment and capital formation in the country. Mutual funds are considered as an investment option benefiting the investors and the economy as a whole. The present article has been written to describe the growth of mutual funds in India in terms of number of schemes and the net assets under management of mutual fund managers.

Keywords: Mutual Funds, Net Assets under Management, Income Funds, Growth Funds