A study on Mutual Funds program with reference to Banks

Bellaji Vishnu vardhan Reddy , Ch. Shivapriya

Capital market, Investment patterns, Market share, Mutual Funds.

Mutual funds mobilize the savings of the people and channelize it to the money and capital market. One of the main advantages of mutual funds over any other investment to small investor is that they give small investors access to professionally managed, diversified portfolio of equities, bonds and other securities, which is rather impossible for a small investor to create with a small amount of capital he/ she owns. Mutual funds constitute a very important component of the capital market in developed countries and are now becoming vibrant in emerging markets like India. The origin of mutual funds industry in India can be traced in the enactment of the Unit Trust of India (UTI) Act in 1963. Due to historic reasons, the UTI enjoyed the total monopoly in the initial years and until now continues to maintain the largest market share. The industry has now moved from complete monopoly to that of a monopolistic competition. Presently, the share of Net Assets of mutual funds is more than 7 percent of India’s gross domestic product (GDP). Also, the monies accredited to mutual funds form an adequate part of gross domestic savings (GDS) in the country. This indicates the important place of mutual funds as an investment vehicle in the country. Majority of the money parked in mutual funds come from the institutional segment including corporates, banks and foreign institutional investors (FIIs).

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"A study on Mutual Funds program with reference to Banks ", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.6, Issue 2, page no.356 - 369, February-2021, Available :https://ijsdr.org/papers/IJSDR2102051.pdf

Volume 6 Issue 2, February-2021

Pages : 356 - 369

Paper Reg. ID: IJSDR_192885

Published Paper Id: IJSDR2102051

Downloads: 000347598

Research Area: Management

Country: Yadadri Bhongir, Telangana, India

Published Paper PDF: https://ijsdr.org/papers/IJSDR2102051

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR2102051

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

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