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

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ISSN: 2349-6002 ESTD Year: 2014

UGC approved journal no 47859

A STUDY ON MUTUAL FUNDS –WHAT ARE THEY AND THEIR FUTURE
Author(s):
KISARI MADHULIKA
Keywords:
SIP, STP, GROWTH OPTION, MUTUAL FUNDS
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
Article Details
Unique Paper ID: 153815 Publication Volume & Issue: Volume 8, Issue 8 Page(s): 105 - 108
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