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A STUDY ON MUTUAL FUNDS –WHAT ARE THEY AND THEIR FUTURE

  • Unique Paper ID: 153815
  • Volume: 8
  • Issue: 8
  • PageNo: 105-108
  • Abstract:
  • Capital market plays a major role in the Indian financial system. So, Equities & mutual funds are part of the capital market. Mutual fund industry in India began with the setting up of Unit Trust of India (UTI) in 1964 by the government of India. Nowadays mutual funds are playing a very important role in the industry. Investors will get the benefit of return, capital appreciation, tax benefits and safety to their investment and companies will get the capital for their growth. Recently they have also started a Systematic Investment Plan(SIP) with the help of this even small investors (minimum of Rs. 100)can start investing, by this even students can also invest in this fund. So, we came to know how this mutual fund works. The saving of an individual are spread through different means of investment one of them is mutual fund which is a growing investment now a days because of diversified risk and lack of time to look after their money
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Cite This Article

  • ISSN: 2349-6002
  • Volume: 8
  • Issue: 8
  • PageNo: 105-108

A STUDY ON MUTUAL FUNDS –WHAT ARE THEY AND THEIR FUTURE

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Impact Factor
8.01 (Year 2024)
UGC Approved
Journal no 47859

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