A STUDY OF MUTUAL FUNDS IN INDIA

Abstract

Mutual Fund is four decade old in India. It was started by UTI during the year 1964 with few schemes for investors. During this short period, it has made huge growth in small investors. But now-a-days, its volume of investors and source of investment also growing tremendous level. Moreover Mutual Fund schemes have added new dimension to overcome financial risk of small investors and also in fund raising capacity of corporate sectors. This serves a bridge between small investors and corporate sectors. This paper make an attempt to identify current scenario of Indian Mutual Fund with its different schemes. It is also helpful in finding basics of Indian mutual fund at root level and findings reveals that investor consider Mutual Fund as flexible investment option and it creates interest of investment among retailers and small investors.