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ISSN Print: 2394-7500, ISSN Online: 2394-5869, CODEN: IJARPF

IMPACT FACTOR (RJIF): 8.4

Vol. 5, Issue 6, Part D (2019)

A case study of mutual fund industry in India

A case study of mutual fund industry in India

Author(s)
Dr. Shashi Kapur Das
Abstract
Mutual Fund provides platform for investors to invest in common and collective investment schemes, so that the risk of investment is minimized and return is maximized. Mutual funds in India are still at its nascent stage as compared to other countries in the world hence, it is expected that the industry will grow likewise in India as in other countries. Indian mutual funds industry and in depth analysis of UTI mutual funds, When the mutual funds industry was liberalized in 1992, the UTI had held a monopoly in the market for almost 30 years. Indian retail investors had been familiarized with guaranteed high returns on their UTI investments. This good record, combined with aggressive marketing by new entrants, led to expectations of high profits by investors who began to invest strongly in the new private mutual funds. Thus from the monopoly of a single mutual fund like UTI, mutual fund industry moved to public with a few public sector funds and has now with the entry of private and foreign funds, it has moved to a competitive environment. This background motivated the need to explore more about the Indian scenario of mutual funds particularly UTI and its competitiveness. It clearly shows that the structure of mutual fund industry has changed after commencement of the financial sector reforms in various forms including different types of funds and different schemes for mobilizing resources in the economy.
Pages: 475-478  |  607 Views  318 Downloads
How to cite this article:
Dr. Shashi Kapur Das. A case study of mutual fund industry in India. Int J Appl Res 2019;5(6):475-478.
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