MUTUAL FUND INDUSTRY IN INDIA: AN OVERVIEW

Asheesh Pandey*1, Madan Singha2

Affiliations
* Professor of Finance, Fortune Institute of International Business, Rao Tula Ram Marg, Vasant Vihar, New Delhi -
110057, India.
1
Research Scholar, Department of Management, faculty of Management & Commerce, Mewar University, India.
ABSTRACT

In today’s volatile market environment, mutual funds are looked upon as a transparent and low cost
investment vehicle, which attracts a fair share of investor attention leading to growth of the industry. The
Establishment of Mutual Funds came into existence in India in the year 1963, when the government of
India introduced Unit trust of India, however, with time the structure has completely changed. In this
paper we are studying the current mutual fund scenario, providing an analysis of Global Mutual Fund
Industry and the key issues faced by Indian mutual fund industry.
KEYWORDS
Mutual fund; Scenario; Investment; AMFI; Assets Under Management (AUM); Investors.

JEL CLASSIFICATION
H51, H52, Y1, Z1

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