A comparative study on the performance of mutual fund schemes

Abstract

Mutual funds are a daunting concept in the Indian sense. The financial situation of India has hit commanding heights. Mutual funds are basically investment instruments in which persons with common investment target pool their capital and spend correspondingly. The need and reach for mutual fund operations has significantly improved with focus on growing national savings and increasing investment distribution across markets. Since its establishment in 1963, the Indian mutual fund industry has come a long way. In all parameters, industry has seen enough growth; number of fund houses, number of schemes, mobilization of funds, management of assets etc. Alongside different financial goods, the mutual fund provides investors with optimum returns and low risks. Creation in the Indian capital market of different mutual funds schemes has proven to be one of the most catalytic forms of investing to generate substantial investment growth. Asset management firms take a strong role in the financial stability and inspire investors' buying activities.